MinebeaMitsumi : Notice regarding the Status of Own Share Repurchase (Repurchase of Own Shares pursuant to Section 1 of Article 459 of the Company Law)
April 01, 2021 at 02:02 am EDT
Share
April 1, 2021
To whom it may concern:
Company Name:
MINEBEA MITSUMI Inc.
Representative:
Yoshihisa Kainuma
Representative Director, CEO & COO
(Code No. 6479 TSE Div. No. 1)
Contact:
Takayuki Ishikawa
General Manager
Corporate Communications and
Investor Relations Office
Phone:
+81-(0)3-6758-6703
Notice regarding the Status of Own Share Repurchase (Repurchase of Own Shares pursuant to Section 1 of Article 459 of the Company Law)
MINEBEA MITSUMI Inc. hereby announces the repurchase status of its own shares pursuant to Section 1 of Article 459 of the Company Law, as resolved on February 5, 2021 at the Board Meeting.
1. Type of shares repurchased:
Shares of common stock of MINEBEA MITSUMI Inc.
2.
Aggregate number of shares repurchased:
1,109,700 shares
3. Aggregate amount of repurchase:
3,019,313,998 yen
4.
Period of repurchase:
From March 1, 2021 to March 31, 2021
(Reference)
1. Details of the resolution on the repurchase of own shares at the Board Meeting on February 5, 2021
Type of shares to be repurchased:
Aggregate number of shares to be repurchased:
Shares of common stock of MINEBEA MITSUMI Inc.
Up to a maximum of 4 million shares
(Ratio of aggregate number of shares to be repurchased to number of shares outstanding (excluding treasury shares): 0.98%)
(3) Aggregate amount of repurchase:
Up to a maximum of 10,000 million yen
(4) Period of repurchase:
From February 8, 2021 to April 30, 2021
2. Cumulative total of own shares repurchased in accordance with the above resolution
(1) Aggregate number of shares repurchased:
1,738,500 shares
(2) Aggregate amount of repurchase:
4,691,398,903 yen
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Minebea Mitsumi Inc. published this content on 01 April 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 April 2021 06:01:02 UTC.
MinebeaMitsumi Inc. is one of the world's leaders of design, manufacturing and marketing of high precision equipments and components for telecommunications, aviation, automotive industry and electronic sectors. Net sales break down by family of products as follows:
- semiconductors, optical devices, mechanical and electrical components (38.2%);
- electronic devices and components (33%): lighting devices for LCD screens, hard disk drives, special devices, etc.;
- machined components (15.8%) : ball bearings, pivots, spherical bearings, fasteners, couplers, magnetic brakes, etc.;
- automotive, industrial machinery and building components (12.9%);
- other (0.1%).
MinebeaMitsumi : Notice regarding the Status of Own Share Repurchase (Repurchase of Own Shares pursuant to Section 1 of Article 459 of the Company Law)
MINEBEAMITSUMI INC. 
