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 MinebeaMitsumi's Tokyo headquarters inHigashi-Shimbashi,Minato | |
Native name | ミネベアミツミ株式会社 |
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Romanized name | MinebeaMitsumi kabushiki gaisha |
| Formerly | Nippon Miniature Bearing Company (1951-1981) Minebea Co., Ltd (1981-2017) |
| Company type | PublicKK |
| TYO:6479 Nikkei 225 component (TYO) | |
| Industry | Machinery Electronics Defense technology |
| Founded | 16 July 1951; 74 years ago (1951-07-16) |
| Headquarters |
Japan |
Key people | Yoshihisa Kainuma, (CEO andPresident) |
| Products |
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| Revenue |  $ 8.999 billion (FY 2020) |
 $ 422.85 million (FY 2020) | |
Number of employees |
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| Website | Official website |
| Footnotes / references [1] | |
MinebeaMitsumi, Inc. (ミネベアミツミ株式会社,MinebeaMitsumi Kabushiki-gaisha) is a Japanese multinational manufacturer of mechanical components and electronic devices. The company's headquarters are located inHigashi-Shinbashi,Minato, Tokyo, and its registered office is located inMiyota,Nagano.
As of June 30, 2019, MinebeaMitsumi comprises 121 consolidatedsubsidiaries and affiliates.NMB (USA) Inc. (Nippon Miniature Bearing) is an American holding company that manages Minebea's American subsidiaries.
The company was founded asNippon Miniature Bearing Co., Ltd. (日本ミネチュアベアリング株式会社,Nippon Minechua Bearingu Kabushiki-gaisha) in July 1951.
In October 1981, after some mergers, the company name was shortened toMinebea Co., Ltd. (ミネベア株式会社,Minebea Kabushiki-gaisha).
On January 27, 2017, Minebea acquiredMitsumi for $500 million and changed its name to MinebeaMitsumi.[2]
NMB deals in sales of:
In August 2015, a Minebea product gained an entry in theGuinness World Records for being the smallest commercially available mass-produced steel ball bearing in the world.[6][7] The product concerned was first introduced in 2009, and is primarily used by domesticwatchmakers in a number of high-grademechanical watches to support delicate axles, instead of traditionally usedjewels.
Mitsumi's product portfolio includes:
ABLIC Inc was acquired by MinebeaMitsumi in 2019.
U-Shin was founded in 1926 and 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:
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.
MinebeaMitsumi shares are listed on theTokyo Stock Exchange and theOsaka Securities Exchange, the company is a constituent of theNikkei 225stock index.[8]
Minebea has the world's largest shares in 6 product areas such asball bearings (65%) and pivot assemblies (65%). International Asian business accounts for 80% of Minebea's production and 50% of its sales.
(top 10 shareholders, as of September 30, 2013)[9]
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