United States

Minebea Mitsumi Inc (6479.T)

6479.T on Tokyo Stock Exchange

9:09pm EDT
Change (% chg)

¥11 (+0.72%)
Prev Close
Day's High
Day's Low
Avg. Vol
52-wk High
52-wk Low

Latest Key Developments (Source: Significant Developments)

Mitsumi Electric and Minebea change share exchange effective date to Jan. 27, 2017
Wednesday, 12 Oct 2016 01:24am EDT 

Mitsumi Electric Co Ltd <6767.T>: Says the co and Minebea Co Ltd<6479.T> agreed to change share exchange effective date to Jan. 27, 2017 .Says in the previous release, the share exchange effective date was determined on March 17, 2017.  Full Article

R&I affirms Minebea's rating at "A-" and announces positive outlook – R&I
Thursday, 29 Sep 2016 02:39am EDT 

Minebea Co Ltd <6479.T>: Rating and Investment Information, Inc. (R&I) affirmed the company's rating at "A-" – R&I .Rating outlook positive – R&I.  Full Article

Iwasaki Electric firms business and capital alliance with Minebea
Wednesday, 28 Sep 2016 11:41pm EDT 

Iwasaki Electric Co Ltd <6924.T> : Says Iwasaki Electric firms business and capital alliance with Minebea Co Ltd <6479.T> on Sept. 29 . Two entities will cooperate on production contracting and joint development of road lighting equipments .Iwasaki Electric plans to distribute 3 million shares (3.83 percent stake) of its treasury common stock at via private placement to Minebea, at 423 million yen in total, on Oct. 17.  Full Article

Minebea's profit likely fell 40% for the April-June period - Nikkei
Wednesday, 20 Jul 2016 02:09pm EDT 

Nikkei: Minebea's operating profit for the April-June period likely plunged 40% on the year to around 7 billion yen - Nikkei . Minebea's sales for the April-June period likely shrank 6% to around 120 billion yen - Nikkei .Minebea for the full year through March is expected to keep its forecast unchanged in light of exchange rate uncertainty - Nikkei.  Full Article

Minebea announces judgment on legal dispute between NMB-Minebea Thai Ltd and Thai Tax Office
Wednesday, 8 Jun 2016 11:05pm EDT 

Minebea Co Ltd <6479.T>: Says the Supreme Court of the Kingdom of Thailand made its judgment for the case filed on Dec. 9, 2010, regarding dispute between the company's Thailand-based unit NMB-Minebea Thai Ltd and the Revenue Department of the Kingdom of Thailand, which dismissed the claims made by NMB-Minebea Thai Ltd. . Says the unit received an assessment of 502 million baht worth income tax liability from Revenue Department, on August 25, 2008 and the unit filed tax return then .Says the unit won the case on Oct. 13, 2010, but the Revenue Department disagreed with the judgment and appealed this case to the Supreme Court of the Kingdom of Thailand on Dec. 9, 2010.  Full Article

Minebea to change name to MINEBEA MITSUMI Inc.
Tuesday, 10 May 2016 01:59am EDT 

Minebea <6479.T>:Says it to change name to MINEBEA MITSUMI Inc..  Full Article

Mitsumi Electric updates on business integration with MINEBEA
Wednesday, 30 Mar 2016 02:30am EDT 

Mitsumi Electric Co Ltd:To conduct stock exchange with MINEBEA, effective March 17, 2017.One share of the company to be exchanged with 0.59 shares of Mitsumi Electric (47,913,630 shares is needed in total).  Full Article

MINEBEA announces business integration with Mitsumi Electric
Monday, 21 Dec 2015 01:00am EST 

MINEBEA CO LTD:To conduct stock exchange with Mitsumi Electric, effective April 1, 2017.Specifically, shareholders of MITSUMI will be allotted shares of Minebea (whose company name is planned to be changed to MINEBEA MITSUMI Inc. (“MINEBEA MITSUMI”).To conduct reorganization, including shifting MINEBEA MITSUMI to a holding company structure in which MITSUMI will remain a corporate entity, by, among others, transferring MINEBEA MITSUMI’s existing business through a company split to MITSUMI or subsidiary to be established.  Full Article

MINEBEA revises year-end dividend forecast for FY 2016
Thursday, 5 Nov 2015 01:00am EST 

MINEBEA CO LTD:Revises year-end dividend forecast to 10 yen per share from an undetermined value, for the fiscal year ending March 31, 2016.  Full Article

MINEBEA announces court ruling in relation to trading of small-sized ball bearings
Friday, 30 Oct 2015 04:00am EDT 

MINEBEA CO LTD:The Soul Central District Prosecutor's Office in Korea officially brought a charge as of Sep. 11, against the two company and subsidiary NMB Korea Co., Ltd, concerning the violation of the Korea Fair Trade Law in relation to the trading of small-sized ball bearings.The Soul Central District Court issued the ruling that Minebea and NMB Korea were sentenced to a fine of 100 million won (10 million yen equivalent) and a fine of 70 million won (7 million yen equivalent), respectively.  Full Article

More From Around the Web

BRIEF-Minebea Mitsumi to buy back 12 mln shares for 15 bln yen

* Says it plans to buy back up to 12 million shares(2.82 percent stake) for no more than 15 billion yen