is a Japanese

multinational corporation A multinational company (MNC), also referred to as a multinational enterprise (MNE), a transnational enterprise (TNE), a transnational corporation (TNC), an international corporation or a stateless corporation with subtle but contrasting senses, i ...

and a major producer of machinery components and electronics devices. The company was founded as in 1951. As of June 30, 2019, MinebeaMitsumi comprises 121 consolidated subsidiaries and affiliates. NMB (USA) Inc. (Nippon Miniature Bearing) is an American holding company that manages Minebea's American subsidiaries. MinebeaMitsumi shares are listed on the

Tokyo Stock Exchange The , abbreviated as Tosho () or TSE/TYO, is a stock exchange located in Tokyo, Japan. It is the third largest stock exchange in the world by aggregate market capitalization of its listed companies, and the largest in Asia. It had 2,292 listed ...

and the

Osaka Securities Exchange , renamed from , is the largest derivatives exchange in Japan, in terms of amount of business handled. , the Osaka Securities Exchange had 477 listed companies with a combined market capitalization of $212 billion. The Nikkei 225 Futures, intr ...

, the company is a constituent of the

Nikkei 225 The Nikkei 225, or , more commonly called the ''Nikkei'' or the ''Nikkei index'' (), is a stock market index for the Tokyo Stock Exchange (TSE). It has been calculated daily by the '' Nihon Keizai Shimbun'' (''The Nikkei'') newspaper since 1950 ...

stock index In finance, a stock index, or stock market index, is an index that measures a stock market, or a subset of the stock market, that helps investors compare current stock price levels with past prices to calculate market performance. Two of the pr ...

. On January 27, 2017, Minebea acquired

Mitsumi was a Japanese manufacturer of consumer electronic components, founded in 1954. The company was listed on the Tokyo Stock Exchange, was constituent of the Nikkei 225 stock index and provided its products through its subsidiaries in Asia, Euro ...

for $500 million and changed its name to MinebeaMitsumi. Minebea has the world's largest shares in 6 product areas such as

ball bearing A ball bearing is a type of rolling-element bearing that uses balls to maintain the separation between the bearing races. The purpose of a ball bearing is to reduce rotational friction and support radial and axial loads. It achieves this ...

s (65%) and pivot assemblies (65%). International Asian business accounts for 80% of Minebea's production and 50% of its sales.

Major businesses and subsidiaries

NMB Technologies Corporation

NMB deals in manufacturing of: Jdownload

* Bearings ** Bearing-related products: *** pivot assemblies, precision mechanical assemblies * Machined components ** Defence-related special components (exclusively to the Japan Ministry of Defense) * Electronic devices & components * Measuring components **Strain gauges, force sensors, pressure sensors, vector sensors ** Load cells, pressure cells, torque transducers, digital indicators, tensile and compression testing machines ** Fan motors, blowers, high-pressure blowers, fan units ** Hybrid type stepping motors, Pulse Modulation (PM) stepping motors, small diameter/high-speed PM stepping motors ** Brush DC motors, small brushless motors, powerful brushless motors, polygon mirror scanner motors ** HDD spindle motors, rotation angle sensors, Fluidized bed dryer(FBD) motors In August 2015, a Minebea product gained an entry in the

Guinness World Records ''Guinness World Records'', known from its inception in 1955 until 1999 as ''The Guinness Book of Records'' and in previous United States editions as ''The Guinness Book of World Records'', is a reference book published annually, listing world ...

for being the smallest commercially available mass-produced steel ball bearing in the world. The product concerned was first introduced in 2009, and is primarily used by domestic

watchmakers A watchmaker is an artisan who makes and repairs watches. Since a majority of watches are now factory-made, most modern watchmakers only repair watches. However, originally they were master craftsmen who built watches, including all their par ...

in a number of high-grade

mechanical watches A mechanical watch is a watch that uses a clockwork mechanism to measure the passage of time, as opposed to quartz watches which function using the vibration modes of a piezoelectric quartz tuning fork, or radio watches, which are quartz watches ...

to support delicate axles, instead of traditionally used

jewels A gemstone (also called a fine gem, jewel, precious stone, or semiprecious stone) is a piece of mineral crystal which, in cut and polished form, is used to make jewelry or other adornments. However, certain rocks (such as lapis lazuli, opal, a ...

Mitsumi Electric

Mitsumi's product portfolio includes: * Integrated circuits * Power supplies * Alternating current adaptors * Chargers * Internal power supplies * High-frequency devices * Communication equipment * Internet protocol equipment

ABLIC Inc

ABLIC Inc was acquired by MinebeaMitsumi in 2019. * Power Management ICs * Sensors * Memory * Amplifiers * Automotive ICs * Healthcare *

U-Shin

U-Shin was in 1926 and a has been a subsidiary of MinebeaMitsumi since 2019. It has R&D centres in the US, India, Germany, France. The capital as of March 2021 is 15,206 (million yen) and the consolidated sales stand at 105,133(million yen). U-Shin is headquartered at Minato-ku, Tokyo.

U-Shin deals in the following: * Automotive Division ** Electronic devices ** Electronic steering column locks ** Climate control systems ** Latches ** Power closure system ** Car flush handles ** Switches and sensors ** Locksets ** Industrial Equipment Division ** Fuel pumps

Paradox Engineering

Paradox Engineering is MinebeaMitsumi's R&D center for the Internet of Things. The company is based in Switzerland and develops IoT solutions for cities and other smart environments. Paradox Engineering has a Central Management System of choice for all Cities using PE Smart Urban Network to manage and control Wireless IoT applications – Smart Lighting, Smart Parking, Smart Energy and any other sensor-based application – and Wireless High speed loT services – pervasive Wi-Fi, video surveillance, emergency response systems.

Major shareholders

(top 10 shareholders, as of September 30, 2013) * Japan Trustee Services Bank, Ltd. (Trust Account) – 31,364,000 – 8.29% * The Master Trust Bank of Japan, Ltd. (Trust Account) – 27,583,000 – 7.29% * National Mutual Insurance Federation of Agricultural Cooperatives – 15,761,000 – 4.17% * Takahashi Industrial and Economic Research Foundation – 15,447,330 – 4.08% * Sumitomo Mitsui Trust Bank, Limited – 15,349,000 – 4.06% * Keiaisha Co., Ltd. – 15,000,000 – 3.97% * Japan Trustee Services Bank, Ltd. (Trust Account 4) – 13,081,000 – 3.46% * Japan Trustee Services Bank, Ltd. (Trust Account 9) – 11,501,000 – 3.04% * The Bank of Tokyo-Mitsubishi UFJ, Ltd. – 10,057,839 – 2.66% * Sumitomo Mitsui Banking Corporation – 10,000,475 – 2.64%

References

External links

Official global site
{{Authority control Electronics companies of Japan Firearm manufacturers of Japan Defense companies of Japan Companies based in Nagano Prefecture Manufacturing companies based in Tokyo Companies listed on the Tokyo Stock Exchange Companies listed on the Osaka Exchange Companies listed on the Nagoya Stock Exchange Manufacturing companies established in 1951 Japanese companies established in 1951