MINEBEA MITSUMI Inc. Just Missed Earnings - But Analysts Have Updated Their Models

MINEBEA MITSUMI Inc. (TSE:6479) just released its latest quarterly report and things are not looking great. MINEBEA MITSUMI missed earnings this time around, with JP¥370b revenue coming in 6.2% below what the analysts had modelled. Statutory earnings per share (EPS) of JP¥43.78 also fell short of expectations by 18%. This is an important time for investors, as they can track a company's performance in its report, look at what experts are forecasting for next year, and see if there has been any change to expectations for the business. 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.

View our latest analysis for MINEBEA MITSUMI

Taking into account the latest results, the consensus forecast from MINEBEA MITSUMI's 14 analysts is for revenues of JP¥1.61t in 2026. This reflects an okay 7.9% improvement in revenue compared to the last 12 months. Per-share earnings are expected to leap 34% to JP¥207. In the lead-up to this report, the analysts had been modelling revenues of JP¥1.62t and earnings per share (EPS) of JP¥210 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.

There were no changes to revenue or earnings estimates or the price target of JP¥3,457, suggesting that the company has met expectations in its recent result. The consensus price target is just an average of individual analyst targets, so - it could be handy to see how wide the range of underlying estimates is. Currently, the most bullish analyst values MINEBEA MITSUMI at JP¥4,600 per share, while the most bearish prices it at JP¥2,650. 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.

One way to get more context on these forecasts is to look at how they compare to both past performance, and how other companies in the same industry are performing. We would highlight that MINEBEA MITSUMI's revenue growth is expected to slow, with the forecast 6.3% annualised growth rate until the end of 2026 being well below the historical 11% p.a. growth over the last five years. Juxtapose this against the other companies in the industry with analyst coverage, which are forecast to grow their revenues (in aggregate) 4.7% per year. Even after the forecast slowdown in growth, it seems obvious that MINEBEA MITSUMI is also expected to grow faster than the wider industry.

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, they also reconfirmed their revenue numbers, suggesting that it's tracking in line with expectations. Additionally, our data suggests that revenue is expected to grow faster 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..

Don't forget that there may still be risks. For instance, we've identified 1 warning sign for MINEBEA MITSUMI that 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.