MinebeaMitsumi, Inc. (ミネベアミツミ株式会社) is a Japanese multinational manufacturer of mechanical components and electronic devices. The company's headquarters are located in Higashi-Shinbashi, Minato, Tokyo, and its registered office is located in Miyota, Nagano. 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.

History

The company was founded as Minebea Co., Ltd. (ミネベア株式会社) in 1951. On January 27, 2017, Minebea acquired Mitsumi for $500 million and changed its name to MinebeaMitsumi.

Major businesses and subsidiaries

NMB Technologies Corporation

NMB deals in sales of: In August 2015, a Minebea product gained an entry in the Guinness World Records 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 in a number of high-grade mechanical watches to support delicate axles, instead of traditionally used jewels.

Mitsumi Electric

Mitsumi's product portfolio includes:

ABLIC Inc

ABLIC Inc was acquired by MinebeaMitsumi in 2019.

U-Shin

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

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.

Shares

MinebeaMitsumi shares are listed on the Tokyo Stock Exchange and the Osaka Securities Exchange, the company is a constituent of the Nikkei 225 stock index. Minebea has the world's largest shares in 6 product areas such as ball bearings (65%) and pivot assemblies (65%). International Asian business accounts for 80% of Minebea's production and 50% of its sales.

Major shareholders

(top 10 shareholders, as of September 30, 2013)