MINEBEA MITSUMI Management

Management criteria checks 3/4

MINEBEA MITSUMI's CEO is Yoshihisa Kainuma, appointed in Apr 2009, has a tenure of 15.08 years. total yearly compensation is ¥330.56M, comprised of 24.6% salary and 75.4% bonuses, including company stock and options. directly owns 0.019% of the company’s shares, worth ¥222.90M. The average tenure of the management team and the board of directors is 6.6 years and 6.9 years respectively.

Key information

Yoshihisa Kainuma

Chief executive officer

JP¥330.6m

Total compensation

CEO salary percentage	24.6%
CEO tenure	15.1yrs
CEO ownership	0.02%
Management average tenure	6.6yrs
Board average tenure	6.9yrs

Recent management updates

Recent updates

Investors Could Be Concerned With MINEBEA MITSUMI's (TSE:6479) Returns On Capital

Apr 06

When Should You Buy MINEBEA MITSUMI Inc. (TSE:6479)?

Mar 13

Calculating The Fair Value Of MINEBEA MITSUMI Inc. (TSE:6479)

Feb 29

CEO Compensation Analysis

How has Yoshihisa Kainuma's remuneration changed compared to MINEBEA MITSUMI's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	JP¥67b
Sep 30 2023	n/a	n/a	JP¥66b
Jun 30 2023	n/a	n/a	JP¥70b
Mar 31 2023	JP¥331m	JP¥81m	JP¥77b
Dec 31 2022	n/a	n/a	JP¥59b
Sep 30 2022	n/a	n/a	JP¥65b
Jun 30 2022	n/a	n/a	JP¥65b
Mar 31 2022	JP¥312m	JP¥80m	JP¥69b
Dec 31 2021	n/a	n/a	JP¥59b
Sep 30 2021	n/a	n/a	JP¥57b
Jun 30 2021	n/a	n/a	JP¥50b
Mar 31 2021	JP¥235m	JP¥80m	JP¥39b
Dec 31 2020	n/a	n/a	JP¥44b
Sep 30 2020	n/a	n/a	JP¥47b
Jun 30 2020	n/a	n/a	JP¥47b
Mar 31 2020	JP¥210m	JP¥92m	JP¥46b
Dec 31 2019	n/a	n/a	JP¥44b
Sep 30 2019	n/a	n/a	JP¥49b
Jun 30 2019	n/a	n/a	JP¥52b
Mar 31 2019	JP¥222m	JP¥122m	JP¥60b

Compensation vs Market: Yoshihisa's total compensation ($USD2.12M) is above average for companies of similar size in the JP market ($USD1.02M).

Compensation vs Earnings: Yoshihisa's compensation has been consistent with company performance over the past year.

CEO

Yoshihisa Kainuma (67 yo)

15.1yrs

Tenure

JP¥330,558,000

Compensation

Mr. Yoshihisa Kainuma serves as the Chief Executive Officer and President at NMB-Minebea UK Ltd. Mr. Kainuma is Chief Executive Officer of Minebea Mitsumi Inc. since 2023. Mr. Kainuma had been the Chief Ex...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Yoshihisa Kainuma	CEO & Chairman	15.1yrs	JP¥330.56m	0.019% ¥ 222.9m
Ryozo Iwaya	Vice President Executive Officer	10.9yrs	JP¥109.79m	0.00099% ¥ 11.9m
Katsuhiko Yoshida	President	7.9yrs	no data	0.0017% ¥ 20.8m
Hidekazu Kudo	Executive Officer and Head of Accounting & Corporate Finance Division	3.9yrs	no data	no data
Kenji Yahiro	Manager of Investor Relations	no data	no data	no data
Shigeru None	Senior Managing Executive Officer	6yrs	no data	0.0030% ¥ 35.7m
Tetsu Shiozaki	Executive Officer	1.9yrs	no data	no data
Daniel J. Lemieux	Managing Exec. Officer	5.1yrs	no data	no data
Joerg Hoffmann	Mang. Exec. Officer	8.8yrs	no data	no data
Takuya Sato	Managing Executive Officer & Chief of Manufacturing HQ	no data	no data	no data
Osamu Nakamura	Executive Officer & Chief of Access Solutions Headquarters	no data	no data	no data
Satoshi Mizuma	Senior Managing Executive Officer	6.6yrs	no data	0.0015% ¥ 17.8m

6.6yrs

Average Tenure

64.5yo

Average Age

Experienced Management: 6479's management team is seasoned and experienced (6.6 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Yoshihisa Kainuma	CEO & Chairman	15.1yrs	JP¥330.56m	0.019% ¥ 222.9m
Ryozo Iwaya	Vice President Executive Officer	8.9yrs	JP¥109.79m	0.00099% ¥ 11.9m
Katsuhiko Yoshida	President	no data	no data	0.0017% ¥ 20.8m
Shigeru None	Senior Managing Executive Officer	8.9yrs	no data	0.0030% ¥ 35.7m
Satoshi Mizuma	Senior Managing Executive Officer	less than a year	no data	0.0015% ¥ 17.8m
Shigeru Moribe	Vice Chairman	6.9yrs	no data	0.046% ¥ 558.6m
Takashi Matsuoka	Independent Outside Director	18.9yrs	no data	0.023% ¥ 276.4m
Shinichiro Shibasaki	Outside Audit & Supervisory Board Member	9.9yrs	no data	0.0012% ¥ 14.9m
Atsuko Matsumura	Independent Outside Director	5.9yrs	no data	no data
Yuko Haga	Independent Outside Director	3.9yrs	no data	0.00025% ¥ 3.0m
Hirofumi Katase	Independent Outside Director	2.9yrs	no data	0.00025% ¥ 3.0m
Yuko Miyazaki	Independent Outside Director	1.9yrs	no data	no data

6.9yrs

Average Tenure

65yo

Average Age

Experienced Board: 6479's board of directors are considered experienced (6.9 years average tenure).

MINEBEA MITSUMI Management

Management criteria checks 3/4

Key information

Recent management updates

Less than half of directors are independent

Less than half of directors are independent

Recent updates

Now 21% undervalued after recent price drop

Investors Could Be Concerned With MINEBEA MITSUMI's (TSE:6479) Returns On Capital

Upcoming dividend of JP¥20.00 per share

When Should You Buy MINEBEA MITSUMI Inc. (TSE:6479)?

Now 22% undervalued

Calculating The Fair Value Of MINEBEA MITSUMI Inc. (TSE:6479)

New minor risk - Earnings quality

Now 21% undervalued

Third quarter 2024 earnings: EPS and revenues miss analyst expectations

MINEBEA MITSUMI Inc. to Report Fiscal Year 2024 Results on May 10, 2024

MINEBEA MITSUMI Inc. Revises Dividend Forecast for the Fiscal Year Ending March 31, 2024

New minor risk - Earnings quality

MINEBEA MITSUMI Inc. (TSE:6479) entered into a share purchase agreement to acquire Hitachi Power Semiconductor Device, Ltd. And Overseas Sales Business from Hitachi, Ltd. (TSE:6501).

MINEBEA MITSUMI Inc. to Report Q3, 2024 Results on Feb 02, 2024

Second quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind

MINEBEA MITSUMI Inc. Announces Dividends from Surplus (Interim Dividend), Effective November 29, 2023

Upcoming dividend of JP¥20.00 per share at 1.6% yield

New minor risk - Earnings quality

First quarter 2024 earnings: EPS misses analyst expectations

MINEBEA MITSUMI Inc. to Report Q2, 2024 Results on Nov 02, 2023

United States District Court for the Eastern District of Michigan Southern Division Approves the Announcement Concerning Proposed Distribution Plan for the Proceeds of $9.75 Million Settlement with the Minebea Defendants

Full year 2023 earnings: EPS and revenues exceed analyst expectations

MINEBEA MITSUMI Inc. to Report Q1, 2024 Results on Aug 04, 2023

Consensus EPS estimates fall by 13%, revenue upgraded

MINEBEA MITSUMI Inc. Announces Year-End Dividend for the Year Ended March 31, 2023. Payable on June 30, 2023

Third quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

MINEBEA MITSUMI Inc. to Report Q4, 2023 Results on May 11, 2023

Minebea Mitsumi Inc. Revises Consolidated Forecast for the Fiscal Year Ending March 31, 2023

MINEBEA MITSUMI Inc (TSE:6479) completed the acquisition of Honda Lock Mfg. Co., Ltd. from Honda Motor Co., Ltd. (TSE:7267).

Now 23% undervalued after recent price drop

Second quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Less than half of directors are independent

Second quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

MINEBEA MITSUMI Inc. to Report Q3, 2023 Results on Feb 03, 2023

MINEBEA MITSUMI Inc. Declares Dividend for the End of Second Quarter Ended September 30, 2022, Payable on November 29, 2022

Upcoming dividend of JP¥18.00 per share

MINEBEA MITSUMI Inc. (TSE:6479) completed the acquisition of an 86.09% stake in Honda Tsushin Kogyo Co., Ltd. (TSE:6826) from Panasonic Holdings Corporation (TSE:6752) and others for ¥14.01 billion.

First quarter 2023 earnings: EPS and revenues miss analyst expectations

Minebea Mitsumi Inc. Provides Consolidated Earnings Guidance for the Six Months Ending September 30, 2022 and for the Year Ending March 31, 2023

Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

MinebeaMitsumi Inc. to Report Q1, 2023 Results on Aug 05, 2022

Less than half of directors are independent

MinebeaMitsumi Inc. to Report Fiscal Year 2022 Results on May 11, 2022

Upcoming dividend of JP¥18.00 per share

Third quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

MinebeaMitsumi Inc. Provides Dividend Guidance for the Fiscal Year Ending March 31, 2022

Second quarter 2022 earnings released: EPS JP¥50.36 (vs JP¥32.42 in 2Q 2021)

Upcoming dividend of JP¥14.00 per share

Okamoto Glass Co., Ltd. (JASDAQ:7746) agreed to acquire an additional 75.43% stake in JAPAN 3D DEVICES Co., Ltd. from MinebeaMitsumi Inc. (TSE:6479) for approximately ¥510 million.

MinebeaMitsumi Inc. Revises Consolidated Earnings Guidance for the Six Months Ending September 30, 2021 and Full Year Ending March 31, 2022

MinebeaMitsumi Inc. (TSE:6479) announces an Equity Buyback for 3,000,000 shares, representing 0.74% for ¥10,000 million.

First quarter 2022 earnings released: EPS JP¥36.11 (vs JP¥8.75 in 1Q 2021)

Full year 2021 earnings released: EPS JP¥94.95 (vs JP¥111 in FY 2020)

MinebeaMitsumi Inc. Provides Earnings Guidance for the Six Months Ending September 30, 2021 and Year Ending March 31, 2022

MinebeaMitsumi Inc. Announces 70th Anniversary Commemorative Dividend, Payable on June 30, 2021

Price target increased to JP¥2,875

Upcoming dividend of JP¥14.00 per share

New 90-day high: JP¥2,732

MinebeaMitsumi Inc. to Report Fiscal Year 2021 Results on May 07, 2021

Third quarter 2021 earnings released: EPS JP¥39.60 (vs JP¥45.77 in 3Q 2020)

Revenue and earnings beat expectations

MinebeaMitsumi Inc. Revises Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2021

New 90-day high: JP¥2,395

New 90-day high: JP¥2,279

MinebeaMitsumi Inc. Installs Solar Power Generation Systems At Two Major Plants in Thailand

MinebeaMitsumi Inc. to Report Q3, 2021 Results on Feb 05, 2021

New 90-day high: JP¥2,243

Kyoto University and Minebeamitsumi Inc. Starts Social Demonstration Test with Wireless Power Supply, Using the Joint National Strategy Special Zone

MinebeaMitsumi Inc. (TSE:6479) completed the acquisition of 0.05% stake in Jay Ushin Limited (BSE:513252) for INR 1.1 million.

MinebeaMitsumi Inc. to Report Q2, 2021 Results on Nov 06, 2020

MinebeaMitsumi Inc. (TSE:6479) completed the acquisition of ABLIC Inc from Development Bank of Japan Inc., Investment Arm and Seiko Instruments Inc.

CEO Compensation Analysis

CEO