MINEBEA MITSUMI Inc. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Last week, you might have seen that MINEBEA MITSUMI Inc. (TSE:6479) released its half-year result to the market. The early response was not positive, with shares down 2.8% to JP¥2,603 in the past week. Statutory earnings per share fell badly short of expectations, coming in at JP¥64.46, some 34% below analyst forecasts, although revenues were okay, approximately in line with analyst estimates at JP¥778b. Earnings are an important time for investors, as they can track a company's performance, look at what the analysts are forecasting for next year, and see if there's been a change in sentiment towards the company. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analysts have changed their mind on MINEBEA MITSUMI after the latest results.

Check out our latest analysis for MINEBEA MITSUMI

Taking into account the latest results, MINEBEA MITSUMI's 14 analysts currently expect revenues in 2025 to be JP¥1.53t, approximately in line with the last 12 months. Per-share earnings are expected to surge 22% to JP¥181. In the lead-up to this report, the analysts had been modelling revenues of JP¥1.53t and earnings per share (EPS) of JP¥184 in 2025. So it's pretty clear that, although the analysts have updated their estimates, there's been no major change in expectations for the business following the latest results.

The analysts reconfirmed their price target of JP¥3,650, showing that the business is executing well and in line with expectations. It could also be instructive to look at the range of analyst estimates, to evaluate how different the outlier opinions are from the mean. Currently, the most bullish analyst values MINEBEA MITSUMI at JP¥4,600 per share, while the most bearish prices it at JP¥3,000. There are definitely some different views on the stock, but the range of estimates is not wide enough as to imply that the situation is unforecastable, in our view.

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 3.4% annualised growth rate until the end of 2025 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 obvious conclusion is that there's been no major change in the business' prospects in recent times, with the analysts holding their earnings forecasts steady, in line with previous 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 said, the long-term trajectory of the company's earnings is a lot more important than next year. At Simply Wall St, we have a full range of analyst estimates for MINEBEA MITSUMI going out to 2027, and you can see them free on our platform here..

It is also worth noting that we have found 1 warning sign for MINEBEA MITSUMI that you need to take into consideration.

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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.