Worth reading
40Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Improvement
Direction inferred from the company’s description.Scale
318
¥100 million (revenue of the acquired business for the fiscal year ended March 2025)Wording
Conditional
How definitive the wording is.This transaction
This transactionCounterpartyPanasonic Industry Co., Ltd.
Disclosing companyMINEBEA MITSUMI Inc.
TimelineThe spacing between the points is proportional to the actual number of days.
Target company
Automotive motor and automotive cooling fan motor businesses
Net SalesApproximately ¥31.8 billion (fiscal year ended March 2025)
Consideration and expenses
Acquisition priceNot disclosed due to confidentiality obligations between the parties.
Impact on Business Performance
The impact of this business acquisition on the Company’s consolidated results for the fiscal year ending March 2027 is immaterial.
Procedures and assumptions
Conditions Precedent to ExecutionNotifications to the Japan Fair Trade Commission and other relevant authorities, including notifications required under foreign laws, and the status of obtaining relevant permits and approvals
| Item | Details |
|---|---|
| Transaction name | This transaction |
| Counterparty name | Panasonic Industry Co., Ltd. |
| Business Description of the Subject Company | Automotive motor and automotive cooling fan motor businesses |
| Net Sales of the Subject Company | Approximately ¥31.8 billion (fiscal year ended March 2025) |
| Acquisition price | Not disclosed due to confidentiality obligations between the parties. |
| Impact on Business Performance | The impact of this business acquisition on the Company’s consolidated results for the fiscal year ending March 2027 is immaterial. |
| Date of board resolution | 12 May 2026 |
| Contract Date | 13 May 2026 |
| Execution Date / Effective Date | 2 November 2026 (scheduled) |
| Conditions Precedent to Execution | Notifications to the Japan Fair Trade Commission and other relevant authorities, including notifications required under foreign laws, and the status of obtaining relevant permits and approvals |
Items this document does not state (22)
Name of the Subject CompanyLocation of the Subject CompanyCapital Stock of the Subject CompanyDate of Establishment of the Subject CompanyOperating Profit of the Subject CompanyNet Income of the Subject CompanyNet Assets of the Subject CompanyExpenses other than the acquisition priceType of ConsiderationMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodNumber of shares acquiredVoting rights ownership percentageFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Valuation methodologyIndependent valuation institutionSpecial CommitteeManagement structure after acquisition
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.In addition to strengthening the motor business, the Company aims to enhance cost competitiveness, expand its product lineup and create high-value-added solutions by combining Panasonic’s motor technologies and expertise with the Company’s development and manufacturing technologies.
How to read this page
This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.