Minebea Mitsumi raises interim dividend on strong Q1 performance

Minebea Mitsumi increased its interim dividend forecast to 25 yen per share, up from an undecided previous forecast, maintaining a 30% consolidated payout ratio target.

First-quarter net sales reached 366.9 billion yen, a 3.2% year-on-year increase, with operating income at 17.4 billion yen. The company revised its full-year operating income risk scenario upward to 90.0 billion yen.