September 24, 2017 7:12 PM ET

Electronic Equipment, Instruments and Components

Company Overview of Mitsumi Electric Co., Ltd.

Company Overview

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, ste...

2-11-2, Tsurumaki

Tama,  206-8567

Japan

Founded in 1949

34,704 Employees

Phone:

81 4 2310 5333

Key Executives for Mitsumi Electric Co., Ltd.

President, CEO & Representative Director
Age: 59
Senior Operating Officer and General Manager of Sales & Marketing HQ
Managing Executive Officer, Deputy Chief of Mitsumi Business Headquarters, Adviser & Director
Age: 60
Senior Operating Officer and Director
Age: 61
Senior Operating Officer, General Manager of Electronic Devices Business HQ and Director
Age: 56
Compensation as of Fiscal Year 2017.

Mitsumi Electric Co., Ltd. Key Developments

Mitsumi Electric Co., Ltd. to Report Fiscal Year 2017 Results on May 09, 2017

Mitsumi Electric Co., Ltd. announced that they will report fiscal year 2017 results on May 09, 2017

Mitsumi Electric Co., Ltd. Announces Organizational Changes; Announces Personnel Changes, Effective April 1, 2017

MinebeaMitsumi Inc. announced the following organizational changes and personnel changes. Organizational changes are effective from April 1, 2017: Business Promotion Div. will be newly established and will be organized into four Business; Promotion Departments: Plus IoT Business Promotion Department, Smart City Business; Promotion Department, Automotive Device Business Promotion Department, Lighting Products; and Business Promotion Department. Mitsumi Business Headquarters will be reorganized as follows: Business Support Div. and Mitsumi Parts BU will be newly established. Interface Equipment BU will be abolished. Automotive Devices BU of Automotive Devices Business Div. will be transferred to Electronic Devices Business Div. Haptics BU will be newly established to Component Devices Business Div. Personnel changes, effective April 1, 2017: Yoshihisa Kainuma has been assigned as Director, Chairman of Mitsumi Electric Co., Ltd. formerly he was Director, Chairman of the Board of Directors of the company; Shigeru Moribe as Director, Chairman of the Board of Directors of Mitsumi Electric Co., Ltd. formerly he was Representative Director, President and Chief Executive Officer of the company; Ryozo Iwaya as Representative Director, President and Chief Executive Officer of Mitsumi Electric Co., Ltd. formerly he was Representative Director, Vice President Executive Officer of the company; Katsuyuki Iwakuma as Head of Mitsumi Parts BU at Mitsumi Business Headquarters formerly he was Head of Precision Components BU of Component Devices Business Div. at Mitsumi Business Headquarters; Kosuke Hirano as Head of Optical Devices BU of Component Devices Business Div. at Mitsumi Business Headquarters formerly he was Deputy Head of Optical Devices BU of Component Devices Business Div. at Mitsumi Business Headquarters; Kiyoshi Koshikawa as Head of Precision Components BU of Component Devices Business Div. at Mitsumi Business Headquarters formerly he was Head of Interface Equipment BU of Component Devices Business Div. at Mitsumi Business Headquarters; and Guido Schmit as Head of EMT BU of Automotive & Global Motor Business Div. at Electronic Device & Component Manufacturing Headquarters.

Mitsumi Electric Co., Ltd. Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2016

Mitsumi Electric Co., Ltd. reported consolidated earnings results for the nine months ended December 31, 2016. For the nine months, the company reported net sales of JPY 125,099 million against JPY 124,051 million a year ago. Operating loss was JPY 14,294 million against JPY 2,570 million a year ago. Ordinary loss was JPY 15,591 million against JPY 5,064 million a year ago. Loss before income taxes was JPY 34,268 million against JPY 5,163 million a year ago. Net loss attributable to owners of the parent was JPY 34,666 million or JPY 426.88 per share against JPY 6,018 million or JPY 71.64 per share a year ago.

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