Earnings Miss: MINEBEA MITSUMI Inc. Missed EPS By 12% And Analysts Are Revising Their Forecasts

It's been a good week for MINEBEA MITSUMI Inc. (TSE:6479) shareholders, because the company has just released its latest first-quarter results, and the shares gained 5.0% to JP¥2,518. It was not a great result overall. Although revenues beat expectations, hitting JP¥367b, statutory earnings missed analyst forecasts by 12%, coming in at just JP¥27.12 per share. Following the result, the analysts have updated their earnings model, and it would be good to know whether they think there's been a strong change in the company's prospects, or if it's business as usual. We've gathered the most recent statutory forecasts to see whether the analysts have changed their earnings models, following these results.

This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality.

Following last week's earnings report, MINEBEA MITSUMI's 15 analysts are forecasting 2026 revenues to be JP¥1.54t, approximately in line with the last 12 months. Statutory earnings per share are predicted to swell 19% to JP¥170. Before this earnings report, the analysts had been forecasting revenues of JP¥1.53t and earnings per share (EPS) of JP¥172 in 2026. The consensus analysts don't seem to have seen anything in these results that would have changed their view on the business, given there's been no major change to their estimates.

Check out our latest analysis for MINEBEA MITSUMI

The analysts reconfirmed their price target of JP¥3,018, showing that the business is executing well and in line with expectations. Fixating on a single price target can be unwise though, since the consensus target is effectively the average of analyst price targets. As a result, some investors like to look at the range of estimates to see if there are any diverging opinions on the company's valuation. The most optimistic MINEBEA MITSUMI analyst has a price target of JP¥4,000 per share, while the most pessimistic values it at JP¥2,100. Note the wide gap in analyst price targets? This implies to us that there is a fairly broad range of possible scenarios for the underlying business.

Of course, another way to look at these forecasts is to place them into context against the industry itself. We would highlight that MINEBEA MITSUMI's revenue growth is expected to slow, with the forecast 0.4% annualised growth rate until the end of 2026 being well below the historical 11% p.a. growth over the last five years. By way of comparison, the other companies in this industry with analyst coverage are forecast to grow their revenue at 4.7% per year. Factoring in the forecast slowdown in growth, it seems obvious that MINEBEA MITSUMI is also expected to grow slower than other industry participants.

The Bottom Line

The most important thing to take away is that there's been no major change in sentiment, with the analysts reconfirming that the business is performing in line with their previous earnings per share estimates. Fortunately, the analysts also reconfirmed their revenue estimates, suggesting that it's tracking in line with expectations. Although our data does suggest that MINEBEA MITSUMI's revenue is expected to perform worse than the wider industry. There was no real change to the consensus price target, suggesting that the intrinsic value of the business has not undergone any major changes with the latest estimates.

With that in mind, we wouldn't be too quick to come to a conclusion on MINEBEA MITSUMI. Long-term earnings power is much more important than next year's profits. At Simply Wall St, we have a full range of analyst estimates for MINEBEA MITSUMI going out to 2028, and you can see them free on our platform here..

That said, it's still necessary to consider the ever-present spectre of investment risk. We've identified 1 warning sign with MINEBEA MITSUMI , and understanding it should be part of your investment process.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.