MinebeaMitsumi raises annual net profit forecast to record ¥100 billion
MinebeaMitsumi announced that it expects consolidated net profit for the year ending March 2027 to rise 1% to a record ¥100 billion, reversing its previous forecast of a 12% decline to ¥87 billion. The company expects growth in bearings and valuation gains on Toshiba shares to contribute. The revised forecast exceeds the cited QUICK consensus estimate of ¥90.5 billion.