Earnings Update: MINEBEA MITSUMI Inc. (TSE:6479) Just Reported Its Annual Results And Analysts Are Updating Their Forecasts

It's been a good week for MINEBEA MITSUMI Inc. (TSE:6479) shareholders, because the company has just released its latest yearly results, and the shares gained 2.1% to JP¥2,189. It was a credible result overall, with revenues of JP¥1.5t and statutory earnings per share of JP¥148 both in line with analyst estimates, showing that MINEBEA MITSUMI is executing in line with expectations. 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.

We've discovered 1 warning sign about MINEBEA MITSUMI. View them for free.

Taking into account the latest results, MINEBEA MITSUMI's 13 analysts currently expect revenues in 2026 to be JP¥1.55t, approximately in line with the last 12 months. Per-share earnings are expected to surge 22% to JP¥180. Yet prior to the latest earnings, the analysts had been anticipated revenues of JP¥1.56t and earnings per share (EPS) of JP¥185 in 2026. The analysts seem to have become a little more negative on the business after the latest results, given the small dip in their earnings per share numbers for next year.

Check out our latest analysis for MINEBEA MITSUMI

The consensus price target held steady at JP¥3,088, with the analysts seemingly voting that their lower forecast earnings are not expected to lead to a lower stock price in the foreseeable future. There's another way to think about price targets though, and that's to look at the range of price targets put forward by analysts, because a wide range of estimates could suggest a diverse view on possible outcomes for the business. There are some variant perceptions on MINEBEA MITSUMI, with the most bullish analyst valuing it at JP¥3,900 and the most bearish at JP¥2,300 per share. Analysts definitely have varying views on the business, but the spread of estimates is not wide enough in our view to suggest that extreme outcomes could await MINEBEA MITSUMI shareholders.

These estimates are interesting, but it can be useful to paint some more broad strokes when seeing how forecasts compare, both to the MINEBEA MITSUMI's past performance and to peers in the same industry. We would highlight that MINEBEA MITSUMI's revenue growth is expected to slow, with the forecast 1.8% 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 4.3% per year. So it's pretty clear that, while revenue growth is expected to slow down, the wider industry is also expected to grow faster than MINEBEA MITSUMI.

The Bottom Line

The biggest concern is that the analysts reduced their earnings per share estimates, suggesting business headwinds could lay ahead for MINEBEA MITSUMI. 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. The consensus price target held steady at JP¥3,088, with the latest estimates not enough to have an impact on their price targets.

Keeping that in mind, we still think that the longer term trajectory of the business is much more important for investors to consider. We have forecasts for MINEBEA MITSUMI going out to 2028, and you can see them free on our platform here.

You should always think about risks though. Case in point, we've spotted 1 warning sign for MINEBEA MITSUMI you should be aware of.

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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.