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mitsumi electric co ltd (6767) Snapshot

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mitsumi electric co ltd (6767) Details

Mitsumi Electric Co., Ltd. engages in the manufacture and sale of electronic components and electrical machinery in Japan. The company’s products include ICs, such as power supply, lithium-ion battery, reset, and sensor ICs; components, including power inductors, transformers, coils, connectors, switches, DC mini-motors, stepping motors, and polyvaricons; and power supplies comprising AC and DC adaptors, chargers, and internal power supplies. Its products also comprise hi-frequency devices consisting of communications equipment and digital radio tuners, as well as various antennas; and IP equipment, such as IP set top boxes. In addition, the company offers magnetic heads, camera modules, stepping motors/DC motors, game controllers, assemblies, actuators, TV/recorder tuners, RF modulators and units, CS/BS converters, wireless modules, switching regulators, keyboards, mice, remote controllers, DDS mechanisms, and others. Further, it manufactures and sells products for electronics industry applications, measurement equipment, optical equipment, and medical and hygienic equipment; and metals industry products and metal materials, as well as ceramic products. The company was founded in 1949 and is headquartered in Tama, Japan.

36,373 Employees
Last Reported Date: 06/25/15
Founded in 1949

mitsumi electric co ltd (6767) Top Compensated Officers

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mitsumi electric co ltd (6767) Key Developments

Intel Appoints Mitsumi as Supplier

Mitsumi appointed Intel's approved supplier. The partnership will give Mitsumi access to Intel's resources, training and extended support, says Mitsumi's Mitesh Shah. Intel has appointed Mitsumi Distribution as an Intel-approved supplier for the African region. The engagement is part of Intel's market development strategy to expand its channel reach and offer channel benefits to its Intel Technology Provider Programme (ITP) members. The ITP programme is Intel's partner programme for supporting the sales and marketing efforts of channel partners who specify, design, build or resell Intel-based technology products. The partnership will enable Mitsumi to increase its focus on Intel's range of products via the active promotion of Intel content within devices to the East and West Africa region.

Mitsumi Electric Co., Ltd. Provides Dividend Guidance for the Year Ending March 31, 2016

Mitsumi Electric Co., Ltd. provided dividend guidance for the year ending March 31, 2016. The company expects to pay dividend of ¥12.00 per share against ¥14.00 per share paid a year ago.

Mitsumi Electric Co., Ltd. Reports Consolidated Earnings Results for the First Quarter Ended June 30, 2015; Provides Earnings Consolidated Guidance for the Second Quarter Ending September 30, 2016 and Fiscal Ending March 31, 2016; Records Impairment on Fixed Assets for First Quarter Ended June 30, 2015

Mitsumi Electric Co., Ltd. reported consolidated earnings results for the first quarter ended June 30, 2015. For the period, the company reported net sales of JPY 34,157 million, operating loss of JPY 1,696 million, net loss attributable to owners of parent of JPY 1,193 million or JPY 13.64 per basic share against net sales of JPY 26,477 million, operating loss of JPY 3,314 million, net loss attributable to owners of parent of JPY 3,996 million or JPY 45.71 per basic share a year ago. Loss before income taxes and others was JPY 1,074 million against JPY 4,003 million a year ago. For the second quarter ending September 30, 2016 on consolidated basis, the company expected net sales of JPY 82,000 million, operating income of JPY 500 million and net income attributable to owners of parent of JPY 0. For the fiscal ending March 31, 2016 on consolidated basis, the company expected net sales of JPY 175,000 million, operating income of JPY 5,000 million, net income attributable to owners of parent of JPY 3,000 million or JPY 34.31 per basic share. For the quarter, impairment loss on fixed assets was JPY 10 million against JPY 206 million a year ago.


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