MinebeaMitsumi

MinebeaMitsumi, Inc.
	MinebeaMitsumi's Tokyo headquarters in Higashi-Shimbashi, Minato
Native name	ミネベアミツミ株式会社
Romanized name	MinebeaMitsumi kabushiki gaisha
Formerly	Nippon Miniature Bearing Company
Company type	Public KK
Traded as	TYO: 6479; OSE: 6479; Nikkei 225 component (TYO)
Industry	Machinery; Electronics; Defense technology
Founded	16 July 1951; 73 years ago
Headquarters	Higashi-Shimbashi, Minato, Tokyo; Miyota, Kitasaku District, Nagano (registered office);
Key people	Yoshihisa Kainuma, (CEO and President)
Products	Machinery components; Rotary components; Electronic devices and components; Firearms;
Revenue	$ 8.999 billion (FY 2020)
Net income	$ 422.85 million (FY 2020)
Number of employees	MinebeaMitsumi Group: 81,167; U-Shin Group: 7,444 (excluding temporary employees);
Website	Official website
	Footnotes / references;

MinebeaMitsumi, Inc. (ミネベアミツミ株式会社, MinebeaMitsumi Kabushiki-gaisha) is a Japanese multinational manufacturer of mechanical components and electronic devices. The company's headquarters are located in Higashi-Shinbashi, Minato, Tokyo, and its registered office is located in Miyota, Nagano.

As of June 30, 2019, MinebeaMitsumi comprises 121 consolidated subsidiaries and affiliates. NMB (USA) Inc. (Nippon Miniature Bearing) is an American holding company that manages Minebea's American subsidiaries.

History

The company was founded as Minebea Co., Ltd. (ミネベア株式会社, Minebea Kabushiki-gaisha) in 1951.

On January 27, 2017, Minebea acquired Mitsumi for $500 million and changed its name to MinebeaMitsumi.^[2]

Major businesses and subsidiaries

NMB Technologies Corporation

NMB deals in sales of:

Bearings^[3]
- Bearing-related products:
  - pivot assemblies, precision mechanical assemblies
Machined components
- Defence-related special components (exclusively to the Japan Ministry of Defense)
Electronic devices & components^[4]
Measuring components^[5]
- Strain gauges, force sensors, pressure sensors, vector sensors
- Load cells, pressure cells, torque transducers, digital indicators, tensile and compression testing machines
- Fan motors, blowers, high-pressure blowers, fan units
- Hybrid type stepping motors, Pulse Modulation (PM) stepping motors, small diameter/high-speed PM stepping motors
- Brush DC motors, small brushless motors, powerful brushless motors, polygon mirror scanner motors
- HDD spindle motors, rotation angle sensors, Fluidized bed dryer(FBD) motors

In August 2015, a Minebea product gained an entry in the Guinness World Records for being the smallest commercially available mass-produced steel ball bearing in the world.^[6]^[7] The product concerned was first introduced in 2009, and is primarily used by domestic watchmakers in a number of high-grade mechanical watches to support delicate axles, instead of traditionally used jewels.

Mitsumi Electric

Logo of Mitsumi

Mitsumi's product portfolio includes:

Integrated circuits
Power supplies
Alternating current adaptors
Chargers
Internal power supplies
High-frequency devices
Communication equipment
Internet protocol equipment

ABLIC Inc

ABLIC Inc was acquired by MinebeaMitsumi in 2019.

Power Management ICs
Sensors
Memory
Amplifiers
Automotive ICs
Healthcare

U-Shin

U-Shin was founded in 1926 and has been a subsidiary of MinebeaMitsumi since 2019. It has R&D centres in the US, India, Germany, France. The capital as of March 2021 is 15,206 (million yen) and the consolidated sales stand at 105,133(million yen). U-Shin is headquartered at Minato-ku, Tokyo.

U-Shin official logo.

U-Shin deals in the following:

Automotive Division
- Electronic devices
- Electronic steering column locks
- Climate control systems
- Latches
- Power closure system
- Car flush handles
- Switches and sensors
- Locksets
- Industrial Equipment Division
- Fuel pumps

Paradox Engineering

Paradox Engineering is MinebeaMitsumi's R&D center for the Internet of Things. The company is based in Switzerland and develops IoT solutions for cities and other smart environments.

Paradox Engineering has a Central Management System of choice for all Cities using PE Smart Urban Network to manage and control Wireless IoT applications – Smart Lighting, Smart Parking, Smart Energy and any other sensor-based application – and Wireless High speed loT services – pervasive Wi-Fi, video surveillance, emergency response systems.

Shares

MinebeaMitsumi shares are listed on the Tokyo Stock Exchange and the Osaka Securities Exchange, the company is a constituent of the Nikkei 225 stock index.^[8]

Minebea has the world's largest shares in 6 product areas such as ball bearings (65%) and pivot assemblies (65%). International Asian business accounts for 80% of Minebea's production and 50% of its sales.

Major shareholders

(top 10 shareholders, as of September 30, 2013)^[9]

Japan Trustee Services Bank, Ltd. (Trust Account) – 31,364,000 – 8.29%
The Master Trust Bank of Japan, Ltd. (Trust Account) – 27,583,000 – 7.29%
National Mutual Insurance Federation of Agricultural Cooperatives – 15,761,000 – 4.17%
Takahashi Industrial and Economic Research Foundation – 15,447,330 – 4.08%
Sumitomo Mitsui Trust Bank, Limited – 15,349,000 – 4.06%
Keiaisha Co., Ltd. – 15,000,000 – 3.97%
Japan Trustee Services Bank, Ltd. (Trust Account 4) – 13,081,000 – 3.46%
Japan Trustee Services Bank, Ltd. (Trust Account 9) – 11,501,000 – 3.04%
The Bank of Tokyo-Mitsubishi UFJ, Ltd. – 10,057,839 – 2.66%
Sumitomo Mitsui Banking Corporation – 10,000,475 – 2.64%

References

^ "Corporate Profile". Minebea. Archived from the original on April 19, 2014. Retrieved April 17, 2014.
^ "History - MinebeaMitsumi".
^ "Bearings". Minebea. Retrieved April 17, 2014.
^ "Electronic devices and components". Minebea. Retrieved April 17, 2014.
^ "Measuring components". Minebea. Retrieved April 17, 2014.
^ "Guinness recognizes tiny ball bearing". The Yomiuri Shimbun. 2 September 2015. Retrieved 1 September 2015.
^ "Smallest commercially available steel ball bearing". 3 July 2015. Retrieved 4 March 2023.
^ "Components:Nikkei Stock Average". Nikkei Inc. Retrieved April 17, 2014.
^ "Main Shareholders". Minebea. Retrieved April 17, 2014.

External links

Official global site (in English)

[MCP-1] "Corporate Profile". Minebea. Archived from the original on April 19, 2014. Retrieved April 17, 2014.

[2] "History - MinebeaMitsumi".

[3] "Bearings". Minebea. Retrieved April 17, 2014.

[4] "Electronic devices and components". Minebea. Retrieved April 17, 2014.

[5] "Measuring components". Minebea. Retrieved April 17, 2014.

[YomShin-6] "Guinness recognizes tiny ball bearing". The Yomiuri Shimbun. 2 September 2015. Retrieved 1 September 2015.

[7] "Smallest commercially available steel ball bearing". 3 July 2015. Retrieved 4 March 2023.

[8] "Components:Nikkei Stock Average". Nikkei Inc. Retrieved April 17, 2014.

[9] "Main Shareholders". Minebea. Retrieved April 17, 2014.

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