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MinebeaMitsumi IR Day 2025 Five Growth Drivers Promising a Bright Future MinebeaMitsumi, Inc. Representative Director, Chairman CEO Yoshihisa Kainuma Director, President COO & CFO Katsuhiko Yoshida Director, Managing Executive Officer, Chief of Engineering Headquarters Katsutoshi Suzuki November 27, 2025
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1 1. Management Policy 2. Growth Drivers and Competitive Advantages ① (AI) Servers ② Humanoid Robots ③ Commercial D rones ④ Fully Autonomous Driving (LiDAR) ⑤ Integration Products - Further Growth Drivers (Automotive) - Other Growth Drivers 3. Toward Achieving Sustainable Corporate Value Enhancement Contents
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1. Management Policy 2
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Becoming an indispensable company by driving the world forward 3 The Vision MinebeaMitsumi Wishes to Realize Automotive Aircraft Robotics Medical and nursing care Industrial equipment Information technology Infrastructure Home appliances
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256.2 228.4 269.1 251.4 282.4 371.5 500.7 609.8 638.9 879.1 884.7 978.4 988.4 1,124.1 1,292.2 1,402.1 1,522.7 1,550.0 2,500.0 13.4 12.1 22.2 8.6 10.2 32.2 60.1 51.4 49.0 79.2 72.0 58.6 51.2 92.1 97.5 73.5 94.5 100.0 250.0 0 50 100 150 200 250 300 350 400 0 500 1,000 1,500 2,000 2,500 FY3/09 FY3/10 FY3/11 FY3/12 FY3/13 FY3/14 FY3/15 FY3/16 FY3/17 FY3/18 FY3/19 FY3/20 FY3/21 FY3/22 FY3/23 FY3/24 FY3/25 FY3/26 Plan FY3/27 FY3/28 FY3/29 Target Organic sales Inorganic sales Operating income (Billions of yen) 4 Management Goals FY3/29 target: Net sales of 2.5 trillion yen, operating income of 250 billion yen (operating margin of 10%)
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M&A 5 Growth Strategy for Achieving Management Goals Integration of synergistic companies centered on the Eight Spears products of the core business Development of high-value-added products through Integration* Organic growth Developing products and supplying components for addressing social issues Core technologies (ultra-precision machining, mass production, etc.) and the Integration between these and the core business Eight Spears generate synergies. Accelerating the development of high-value-added products only our company can deliver * Integration: This term was adopted with the intended meaning to be combined rather than to sum up. Create new value through synergy by combining all the resources of our group. As global GDP grows, per capita disposable income in markets increases. Premium functional products sell well. = the necessity for premium components This is closely and inseparably linked to the Eight Spears.
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What is the definition of Spear ? 1. It is a niche market within a larger market. 3. It is a product where our strengths can be leveraged. 2. The product cannot be achieved through simple technological innovation. 4. Synergy (Integration) exists between each product designated as a Spear. Wireless/Communications/Softwares8 Motors3 Access Products4 2 Analog Semiconductors Power Supply Components7 Connectors/Switches6 Sensors5 Bearings1 6 MinebeaMitsumi's Core Business Eight Spears 8Spears
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7 MinebeaMitsumi's Integration Pursuing sustainable management as a globally unique manufacturer of Integration components Ultra-Precision Machining Technology Mass Production Technology Creating new value only MinebeaMitsumi can deliver Core Technologies Core Business Bearings Analog Semiconductors Motors Access Products Sensors Connectors/Switches Power Supply Components Wireless/Communications/Softwares System Design Technology Sensor Technology Optical Technology MEMS Technology High-Frequency Technology Electrical Circuit Technology Semiconductor Design Technology Mechanical Design Technology
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2. Growth Drivers and Competitive Advantages 8
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9 MinebeaMitsumi's Five Pillars of Business Opportunity FY3/23 FY3/24 FY3/25 FY3/26 FY3/27 FY3/28 FY3/29 FY3/30 FY3/31 FY3/32 FY3/33 FY3/34 FY3/35 Organic growth Products addressing social issues World GDP annual average growth rate: approx. 4% (1961–2024) Robotics t echnological a dvancements Physical AI e mergence Climate c hange Mobility a dvancement Further d evelopment of the g lobal e conomy The e mergence of g enerative AI As society develops and technology advances, business opportunities continue to expand Global DX market annual growth rate: approx. 22% (2024–2032) Five Pillars of our focus Growth areas Humanoid robots Fully autonomous driving Commercial drones(AI) Servers Integration products
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10 ① (AI) Servers
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Over 10 years, growing about 3times Compound Annual Growth Rate (CAGR): approx. 18% 11 (AI) Servers: Market Outlook Data center power demand: actual and forecast to 2035 TWh1200 900 600 300 0 International Energy Agency AI servers Conventional servers 2010 2015 2020 2025 2030 2035 Fuji Chimera Research Institute "2025 Data Center/AI/Key Device Market Comprehensive Survey" 2025 is an estimate; 2026 and beyond are forecasts 2024 2025 2026 2027 2028 2029 2030 2031 200 150 100 50 0 (Trillion of yen) Explosive power demand and accelerating AI server investment ▲415 (2024) ▲1,200 (2035) AI-driven data center power demand is expected to surge over the next decade Global market for data center IT equipment （CY2025-CY2031） （CY2024-CY2035）
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12 (AI) Servers: Challenges Facing the Industry Various problems caused by the increase in AI servers The explosive growth of heat issues With increasing density, heat exhaust from server racks is becoming a serious problem Noise Increased cooling fans lead to higher noise levels in the operating environment Explosive growth in data volume Generative AI is causing data generation volumes to put pressure on storage capacity Liquid leaks in liquid cooling systems While liquid cooling is advancing, leakage poses a serious failure risk High-speed communication demands Increasing data traffic demands faster communication infrastructure Battery accidents and degradation Reliability issues with power supply unit batteries
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Heat dissipation measures 13 (AI) Servers: Our Products and Competitive Advantages MinebeaMitsumi components enabling market-demanded solutions Quiet operation High-capacity storage media Liquid cooling liquid leak countermeasures High-speed communicationLiquid cooling systems Achieves high flow rate/high pressure in a 4U size contributes to improved liquid cooling performance Leak sensors Stepping motors (for valve opening/closing applications) Compact, high-torque, high-precision start, stop, and positioning contributes to safe and stable operation of water cooling systems Double-reversing fans Silent bearings Pivot assembliesLarge fans High airflow/high pressure/high efficiency performance for Liquid-to-Air and contributes to improving the performance of the rear door cooling system Two fans are arranged front-to-back, and each is rotating in opposite directions to achieve superior cooling performance Spindle motors All components, including bearings, shafts, and sleeves, are manufactured in-house, achieving high performance and quality and improve HDD performance In-house fluid dynamic bearings + high- precision bearings achieve high precision and improves HDD performance Improved product quietness through unique grease development and ultra- precision machining Fans + semiconductors Implements low-noise, low-vibration algorithms to achieve quiet operation Pressure sensors (strain gauges) Pump motors Detects coolant water pressure using a high-performance strain gauge, contributing to safety and stability Multi-core relay optical connectors Detects water leaks at the droplet level using proprietary technology, minimizes damage caused by water leaks Shutter-equipped optical connectors Features dustproof functionality and achieves a more compact design than conventional products Dust-proof, auto-opening/closing shutter contributes to high-speed communication
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14 (AI) Servers: Examples of Using Our Products Fan motors Bearings HDD spindle motors Pivot assemblies Power supply ICs Stepping motors (Valve opening/closing applications) EEPROM Optical connectors Pump motors Airflow sensors Large fan motors Pressure sensors (Strain gauges) Leak sensors Server rack
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(AI) Servers: Our Growth Projection through FY3/29 Expecting sales in the (AI) server market to increase by 100 billion yen in the next four years 10 40 50 Sales growth projection by business portfolio Bearings (PT) Motors Others （Billions of yen） 100 100 100 FY3/25 FY3/29 Four-year sales growth projection （Billions of yen） 15 CAGR: approx. 19％ Operating margin is expected to exceed 10% 100 billion yen FY3/29 Bearings Large fans Optical connectors Water leak sensors Spindle motors Pivot assemblies Stepping motors Pressure sensors (strain gauges)
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② Humanoid Robots 16
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17 Humanoid Robots : Market Outlook 8 65 339 596 898 1,460 0 1,000 2,000 3,000 2025 2026 2027 2028 2029 2030 2035 Forecast of humanoid robot shipments 12,000 (Units: thousand) Growing social demand and rapid technological advancements are together creating a new market Company estimate Compound Annual Growth Rate (CAGR): approx. 108% (CY2025–CY2035)
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18 Humanoid Robots: Challenges Facing the Industry Robots still need significant evolution to perform the same work as humans Durability and reliability Ensuring durability and reliability that enable the same tasks as humans Payload capacity and gripping strength Insufficient strength to perform tasks like humans Tactile sensitivity, dexterity, flexibility Object sensing, degrees of freedom (number of joints) still a significant gap Noise Loud motor and gear noise Battery life Continuous operating time still falls short of standard working hours (8 hours)
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High durability and reliability 19 Humanoid Robots: Our Products and Competitive Advantages Lower power consumption High sensitivity, multi-axis Sensing, High-Speed Communication Low noise Low power consumption Quiet bearings High-capacity IGBT/SiC contributing to high efficiency High-efficiency motors Bearings (Thin-walled) Frame-less motors Multi-pole magnetized motors Improves product durability and reliability through proprietary grease development and bearing steel innovation, while also contributing to energy efficiency 6-axis sensor/torque sensor Micro actuators Leveraging extensive mass-production experience, technical expertise, and specialized analysis tools to meet customer requirements High-sensitivity strain gaugesImproved product quietness through proprietary grease development and ultra- precision machining High sensitivity and long-term stability with over 70 years of history Excellent strain gauges High-speed transmission connectors Improved vibration resistance and long-term reliability (automotive quality). Full metal shell construction enhances EMC characteristics Precision machined components Minimizes vibration and contributes to quiet operation through precision component machining technology and high-precision assembly techniques Semiconductors (motor control ICs) Implements low-noise and low-vibration algorithms achieving quiet operation Power semiconductors High power density combined with lightweight and compact design to enhance the robot's payload capacity Achieved high gripping force in robot hands through proprietary S-series motors and ultra-compact reducers Low cogging motors utilizing multi-pole ring magnets enable smooth robot joint operation and quiet operation Market-leading high-efficiency design extends battery life and reduces robot power consumption Special bearings for humanoid robots Achieves high load capacity and high static load, enhancing robot payload MinebeaMitsumi components enabling solutions demanded by the market
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20 Humanoid Robots: Examples of Our Products in Use Small stepping motors Small stepping motors Small DC motors Battery protection modules Battery protection IC Fan motors Battery Torque sensors Bearings Frameless motors Rotary actuators Camera connection connectors Optical actuators Camera/vision sensors Linear actuators Ball screws Bearings Frameless motors Single -axis force sensor sensors Precision machined parts Aluminum die casting precision components Analog semiconductors Connectors Relay connectors Internal wiring connectors Waterproof connectors Small ball bearings Joint drive & positioning motors Gripping motors Fingertip sensors Small ball bearings ICs (ADC, AFE) (sensor signal processing) Small DC motors 6-axis sensors
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40 20 30 10 Sales growth projection by business portfolio Bearings（PT） Analog semiconductors Motors Access products Others （Billions of yen） 3 1 3 3 10 100 200 FY3/25 FY3/29 FY3/35 Standard case FY3/35 Upside case Four/ten-year sales growth projection （Billions of yen） Humanoid Robots: Our Growth Projection through FY3/35 Silent Bearings Sales expected to grow by 10 billion yen in 4 years and 100 billion yen in 10 years (200 billion yen in an upside case) Six-axis torque sensors Semiconductors (motor control ICs) Frame less motor CAGR: approx. 47％ Operating margin is expected to exceed 10% Ball Screws 0.1 CAGR: approx. 65％ Special bearings for humanoid robots applicationsFY3/35 Upside case 10 billion yen FY3/29 100 billion yen FY3/35 21
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③ Commercial Drones 22
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23 Commercial Drones：Market Outlook 0 500 1,000 1,500 2,000 2,500 3,000 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 Global commercial drones shipments (CY2025-2035) Drone Industry Insights: Drone Market Report Data beyond 2031 are based on our estimates. As regulatory frameworks advance, the market is rapidly expanding in industrial applications such as logistics and inspection Compound Annual Growth Rate (CAGR): approx. 10% (CY2025–CY2035) (Units: thousand)
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Declining labor force 24 Commercial Drones: Challenges Facing the Industry Changes in regulations Safe flight Autonomous flight • Progress in full automation at drone ports: charging, battery replacement, and information upload/download • AI utilization enables smarter and faster drone flight control and data analysis • Regulations based on a risk-based approach to ensure safety are progressing • Introduction of remote ID systems that continuously transmit location information • Legal frameworks enabling BVLOS (Beyond Visual Line of Sight) operations are being established across countries Improving operational efficiency Social challenges and commercial drones Expansion of commercial drones • Regulatory changes are expected to enhance the automation level of drone operations, enabling large-scale automated operations • Projected increase in individual delivery volume The decline in commercial vehicle drivers is reducing the convenience of public transportation and logistics. Higher safety standards required as operations shift from visual to automated ・Increased flight time ・Increased payload capacity Expansion of the e- commerce market Increased demand for individual deliveries due to the expansion of the e-commerce market Challenges facing commercial drones
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Improving flight safety and operational efficiency 25 Commercial Drones: Our Products and Competitive Advantages MinebeaMitsumi components enabling market-demanded solutions Environmental sensors GNSS antennas Optical markers Brushless motorsBearings Autonomous flight support (drone port) takeoff/landing support Chargers Capable of detecting 9 environmental conditions including wind direction and wind speed. Ensures safe takeoff and landing. Drone landing support Realization of high-performance units by combining mass-production mold technology for ultra-precision optical lenses with sensor technology. Ensures safety through wind-speed and foreign-object detection, provides markers for adverse weather conditions, and delivers high quality capable of withstanding harsh outdoor environments. Possesses rapid charging circuit and digital power supply circuit technology for the multi-port charger market. Capable of circuit configurations utilizing GaN for high-frequency operation and miniaturization. Achieves low vibration through unique magnet structure. Ensures flight stability and quiet operation. Achieves high efficiency and low power consumption with an environmentally friendly motor featuring a newly designed magnetic circuit optimized for our proprietary magnets. Uniquely developed grease enables operation in a wide range of temperatures, from low to high. Unique rubber seal design achieves both high dust and drip resistance and low torque (high efficiency). High reliability, high quality, and environmental resistance cultivated in automotive applications. Supports L1, L2, and L6 frequency bands for high-precision positioning. Small diameter type stepping motors Compact and high-torque design meets the stringent weight and space constraints specific to drone-mounted equipment. Angle control via pulse input enables high-precision autofocus.
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Lithium-ion battery protection ICs Power supply ICs Bearings GNSS Antenna Brushless motors Fan motors Camera stabilizer gimbal mechanism ball bearings Stepping motor for camera autofocus mechanisms Optical marker for drone ports 26 Commercial Drones: Example of Our Products Use Environmental sensors
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3 3 3 10 20 FY3/25 FY3/29 FY3/35 Four/ten-year sales growth projection （Billions of yen） 5 5 2 8 Sales growth projection by business portfolio Bearings（PT） Motors Access products Others （Billions of yen） 3 3 1 3 27 Commercial Drones: Our Growth Projection through FY3/35 Expecting sales in the drone market to increase by 10 billion yen in four years and 20 billion yen in ten years Operating margin is expected to exceed 10% Optical markers Bearings Brushless motors Chargers GNSS antenna 10 billion yen FY3/29 20 billion yen FY3/35 CAGR: approx. 10％ Stepping motors
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④ Fully Autonomous Driving (LiDAR) 28
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29 Fully Autonomous Driving (LiDAR): Market Outlook 0 5,000 10,000 15,000 20,000 25,000 2024年 2025年 2026年 2027年 2028年 2029年 2030年 2031年 2032年 2033年 2034年 2035年 Autonomous driving levels and vehicle count level 3 Level 4 / 5 Source: Fuji Chimera Research Institute, “Future Outlook of the Autonomous Driving and AI Car Market 2024.”Figures for 2028, 2029, and 2031–2034 are company estimates based on the same source. ※2024 is an estimate, and figures for 2025 onward are forecasts (Units: thousand) Driven by technological innovation and regulatory easing, accelerating global adoption in logistics and mobility services Compound Annual Growth Rate (CAGR): approx. 48% (CY2024–CY2035)
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30 Fully Autonomous Driving (LiDAR) : Challenges Facing the Industry Social issues and autonomous driving Increase in traffic accidents With the increase in average life expectancy, traffic accidents involving elderly drivers are on the rise Declining working population Transition from driver’s seat to living space ・Enhanced passenger experience (entertainment, comfort) ・Digitalization of the cockpit Safety and reliability The decline in drivers for commercial vehicles such as taxis, buses, and trucks is reducing the convenience of public transportation and logistics LV3 limited hands-off LV4/5 fully autonomous driving Data management and security challenges • Data volume increases (PB/day level for L4/5) • High-capacity storage and security measures are critical challenges • Reinforcement is needed for both vehicle hardware and cloud infrastructure • Expanding demand for hard disk drives Transition to higher levels of autonomous driving Changes and challenges facing the transition to fully autonomous driving Increased importance of LiDAR due to long-range measurement and reliability ＜LiDAR Challenges＞ • Extending measurement range • Increasing reliability without making the LiDAR unit excessively large • Ensuring quiet operation for in-cabin installation
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LiDAR challenge (quietness) 31 Fully Autonomous Driving (LiDAR) : Our Products and Competitive Advantages MinebeaMitsumi components enabling market-demanded solutions LiDAR challenges (size) Evolution of the vehicle interior environment Data management and security challenges BLDC motors LATM Pivots Spindle motors Cartridge bearings Uses in-house high-precision ball bearings (over 60% global market share). Applies assembly technology cultivated in HDD pivot assemblies (90% global market share) to minimize shaft wobble and play, improving the quietness and durability of the final product. Bearing structure: High quietness achieved through integration with in-house bearings. Assembly technology: High-precision assembly enables optimization of concentricity, balance, and parallelism. FDB motors LiDAR challenge (measurement) Distance) Next-generation actuator revolutionizing LiDAR field of view and image quality. High-precision, limited-angle, reciprocating drive achieved by leveraging high-speed responsiveness. High automotive reliability ensured through the integration of in-house bearings and magnetic spring technology. Resonant devices Seat fans Backlights Connectors Fluid Dynamic Bearing (FDB) Technology: Achieving quiet operation through non-contact rotation using HDD spindle motor FDB technology High-precision positioning to meet the increased recording density required for higher-capacity HDDs Achieving high precision and reliability to support HAMR (Heat- Assisted Magnetic Recording) required for increasing HDD capacity Expansion of connector variations to accommodate various signals and frequency bands Custom solutions for high static pressure, high flow rate, and quiet operation Application of high-brightness, high- efficiency optical technology cultivated for smartphone backlights to automotive use. Also applicable to cutting-edge uses such as HUD-related applications Enables the addition of haptic feedback for various in-vehicle applications Creates a premium cabin space with quiet and smooth seat adjustment Seat motors (Limited Angle Torque Motor)
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ConnectorsFan motors 32 Fully Autonomous Driving (LiDAR): Examples of Our Products in Use Ultrasonic sensor s/proximity sensors Coil/power inductors LiDAR scanning method FDB motors BLDC Cartridge bearings *Limited Angle Torque Motor LATM* Bearings Digital side mirror system
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20 10 30 20 20 Sales growth projection by business portfolio Bearings（PT） Analog semiconductor Motors Access products Others （Billions of yen） 1 1 1 20 100 FY3/25 FY3/29 FY3/35 Four/ten-year sales growth projection （Billions of yen） 2 3 4 2 9 33 Fully Autonomous Driving (LiDAR): Our Growth Projection through FY3/29 Cartridge bearings Expecting sales in the autonomous driving market to increase by 20 billion yen in four years and by 100 billion yen in ten years LATM BLDC motor Power supply inductor Coil Power Supply ICs GNSS antenna 20 billion yen FY3/29 100 billion yen FY3/35 Operating margin is expected to exceed 10% CAGR: approx. 30％
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⑤ Integration Products 34
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Bearings 35 What is Minebea Mitsumi's Integration? Material (Steel) Process steps Magnet manufacturing Assembly system Material (metal) High-speed transmission Structural design High-frequency circuits Tribology Small package assembly Bearings Near field communication Photolithography Graphics Optical connection Analog-digital circuit design Surface mount Cutting tools & molds High performance analog circuits Driver circuits Serial communication Structural design Precision molding Firmware Antenna design Material analysis High-sensitivity devices Wire winding Coating Surface treatment Waterproofing/ sealing Noise countermeasures Embedded softwares Bearings Analog semiconductors Motors Access products Sensors Connectors/ Switches Power supply components Wireless/ Communications/ Software By combining products and technologies, we create new value through differences that transcend conventional wisdom Vertical integration Connectors 8Spears Our company possesses diverse products and core technologies. By combining these, we can create tailor- made products that meet the value and positioning each customer seeks, from parts to solutions, all under one roof. ▶ We possess all types of devices—input systems, conversion/control systems, and output systems—and develop EMS products for various fields through Integration. Wireless/Communications Input Devices Conversion and Control Devices Output Devices Systems Strain gauges MEMS sensors ・Temperature/ humidity ・6-axis force sensor Analog semiconductors Inverter circuits Driver circuits Battery protection IC Motors Actuators Resonant devices LED backlights E-Access Smart lockWireless & communications Camera modules Antennas Product lineup Power supply components Switches HMI Bed sensors Products and technology Production system Key element technologies What is MinebeaMitsumi's Integration? Software Input devices Output devices Conversion control devices System Design, development, analysis and quality assurance Jigs, tools, molds, manufacturing equipment production In-house component manufacturing Assembly and inspection ・Airflow Ball screws Ball ways Minebea SoftwareSolutions Inc
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18.9 billion yen 36 List of Major Integration Products | 21 Products Total Sales Projection: 180 billion yen (FY3/29) Growth & new markets New technologies Inner s ourcing m aximization Creating added value through enhanced performance and reliability New features/new user experiences creating added value Existing markets Existing technologies ⑫ Industrial power supply modules ⑯ Super fan motors ③ Small camera module aperture actuators ⑧ Automotive HVAC, E-Vent ACT ⑥ Automotive flush handles ④ High-voltage BLDC motors (high-voltage IC + control switch) ⑩ Fixed handle with strain gauges for automotive applications ⑦ Automotive shark fin antennas ⑤ Vehicle smart key systems ⑪ In-vehicle door mirrors ⑨ Various in-vehicle cooling fans (seats, radiators, etc.) ⑬ Sensor switches for mobile devices ⑰ 6-axis sensor for robots ⑮ Motor for automotive LiDAR ⑭ Reaction force devices ⑱ Precision actuator modules ⑲ EC fan motors ㉑ Future of Sleep ( b ed s ensor s ystem) ⑳ In - v ehicle w ing h andle s ① EV charging port ACT ➁ In-vehicle door opening/ closing system (side & rear doors) 18.9 billion yen 300 million yen 900 million yen 33.7 billion yen 100 million yen 34.7 billion yen 6.5 billion yen 38.7 billion yen 200 million yen 500 million 5.3 billion yen 7.7 billion yen 1 billion yen 2.4 billion yen 9.1 billion yen 900 million yen 8 billion yen 5.4 billion yen 6.8 billion yen Scheduled for release after FY3/29 Scheduled for release after FY3/29
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37 Integration Products ①: (Slides Displayed Only on the Day)
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× × 38 Integration Products ②: Wing Handle Key Features By utilizing a high-precision force sensor, a shape that does not compromise the design of the vehicle‘s side profile has been achieved. The results of developing high-value-added products through Integration have come to fruition. Wing handle selected for BMW. Door handles enter a new world. ・Through the Integration of door locks, motors, and sensors, touch-sensor operation for electric locking/unlocking HandlesSensorMotors Wing handle overviewKey features Enhances design flexibility and achieves a simple door system, thereby increasing freedom in automotive design. 1 2 3 A next-generation door system that breaks the conventions of design and function
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39 Integration Products ③: Industrial Power Supply Module Key Features1 Achieves weight reduction through high efficiency and design optimization2 High-performance in-house components adopts, achieving high efficiency Leveraging in-house power semiconductor (SiC) technology, to help overcome the increasing power demands driven by AI evolution Integration of high-performance in-house components achieves industry-leading efficiency (97%) ConnectorsFan motors In-house power semiconductors (SiC) ・Low-loss & high-reliability in-house power semiconductors (97% efficiency) ・Fan motor with improved cooling performance ・High-reliability high-current connectors ・Achieving high efficiency enables downsizing of heat sinks and reactors ・Reduction in component count through adoption of proprietary circuit design Commercial drones Servers EV cars Key features Industrial power module overview × ×
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40 Integration Products ④: Future of Sleep (Bed Sensor System) Key Features 1 Vital information accurately displayed on the canopy via an in-house developed system Utilizes high-resolution, high-performance strain gauges in the bed sensor system Key Points By combining the five products and technologies listed on the left, we create new value through differences that transcend conventional wisdom. Through collaboration with major furniture manufacturers, we are working to make Integration more accessible to a broader market. MinebeaMitsumi's technology that recreates the Future of Sleep 2 2025 Osaka-Kansai Expo Pasona Group Pavilion "PASONA NATUREVERSE" Exhibition Smart LED lighting SALIOTResonant devicesHigh-performance strain gauges Vital monitor concept Recreating Future of Sleep concept bed 3 Resonant device generating sound using vibration 4 5 Smart LED lighting (SALIOT) that creates a comfortable sleep environment System signal control for physical actuation that adjusts the sleep environment according to the body's state × × Key features Future of Sleep concept bed overview
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Further Growth Drivers (Automotive) 41
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42 Automotive: Market Outlook The automotive systems market is growing steadily due to electrification and ADAS Compound Annual Growth Rate (CAGR): approx. 6% (CY2024-CY2035) Global market for in-vehicle electronic systems(Billions of yen) 100,000 80,000 60,000 40,000 20,000 0 2022 2023 2024 2025 2026 2027 2030 2035 Fuji Chimera Research Institute, “Comprehensive Study on In-Vehicle Electronic Devices & Components 2024, Volume 1” 2023 is an estimate; 2024 and beyond are forecasts
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43 Automotive: Challenges Facing the Industry Challenges faced alongside the growth of the in-vehicle systems market Improving fuel (electricity) efficiency Thermal management Advanced battery monitoring To maximize battery performance and ensure safety, a large number of battery cells must be monitored and controlled Ensuring fail-safety Cockpit digitalization Larger, integrated displays with rapid advancement in curved displays Interior noise and vibration EVs lack engine noise, motor sounds become more noticeable To extend range, energy (energy efficiency) must be improved As batteries, motors, inverters, and other high-voltage components increase in output, their heat generation also rises To ensure safety, redundant design is essential for steering, require redundant designs
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Friction reduction in various Components 44 Automotive: Our Products and Competitive Advantages MinebeaMitsumi components enabling solutions demanded by the market Thermal management Advanced power controls High-reliability sensors Pillar-to-pillar display realization Quieter motors Valve actuators Coolant valve to maintain battery at optimal temperature. Enhances energy efficiency Comfort Safety Energy saving HVAC actuators Active grille shuttersImproved operability and convenience with electric operation using high-reliability motors, ensuring safety DC Motors for EPB Achieves high quietness while efficiently controlling cabin temperature Headlight actuators Using our bearings enables high-precision light beam adjustment Efficiently achieves engine warm-up and cooling. Closing the shutter also reduces air resistance, improving fuel efficiency Bearings Smooth motor rotation minimizes energy loss, contributing to extended driving range High-precision sensors that detect rotational angle and position using magnetism without physical contact Essential for precise control of steering and brake motors, as well as for building redundant safety systems VR resolvers Backlights Backlight technology that uniformly and brightly illuminates large displays, ensuring clear visibility even under direct sunlight. It also enables thin and irregularly shaped designs that follow the curved surfaces of vehicle dashboards Seat fan motors Ultra-quiet motors that combine high- quality bearings with advanced precision motor design technology Power supply ICs Contributes to stable BMS operation and extended battery lifeCooling blower fans High-efficiency and quiet cooling fan motor. Optimally cools the battery and other components
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Automotive: Examples of Our Products in Use Grille shutter actuators Engine cooling fan motor bearings EV/HEV charger cooling blower fans Wiper motor bearings Turbocharger bearings Flash handles + Door lock cylinders Side door latch Kick sensors Cluster LCD backlights Shark fin antennas VR resolver for EV/HEV motors Differential transmission connectors Serial EEPROM Engine start switches Fan motors for ventilated (air- conditioned) seats Geared for HVAC PM-type stepping motors Door lock DC motors 4545 Headlight actuators DC motors for EPB Charging port door actuators Actuators for valve
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46 Automotive: Examples of Our Products in Use Backlights Resonant devices Occupant detection sensors Resonant devices Connectors Media hub units ECU cooling fan motors E-Vent step actuatorsStepping motors Seat cooling fan motors DC motors GPS/TCU antenna Pillar-to-pillar for display backlights
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20 20 60 90 30 Sales growth projection by business portfolio Bearings(PT) Analog Semiconductors Motors Access Products Others 550 550 220 FY3/25 FY3/29 Four-year sales growth projection (Billions of yen) 47 Automotive: Our Growth Projection through FY3/29 Expecting sales in the automotive market to increase by 210 billion yen in four years CAGR approx. 9% Operating margin is expected to exceed 10% 220 billion yen FY3/29 Bearings Flash handles + Door lock cylinders Backlights Air-conditioning seat fan motors Active grille shutter Actuator Power Supply ICs （Billions of yen）
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Other Growth Drivers 48
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Moving blade section Track rollers Rod-end bearings Roller bearings Spherical bearings Bell cranks Engine mounts Low pressure turbine shrouds Brackets Custom pin fasteners Door Clutches Hinge bushes Link rods For aircraft precision assembly parts Ball bearings Engine Spherical bearings Sleeve bearings Landing gear Link rods For aircraft certified standard products Fasteners Spherical bearings Bushings Disc road devices Gearbox bearings Main shaft bearings Aircraft: Examples of Our Products in Use 49 Aircraft market
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50 Sales growth projection by business portfolio Bearings (PT) （Billions of yen） 50 Rod-end bearings Engine shaft bearings Link rods Fasteners Aircraft bearings flight controls Engine parts 50 billion yen FY3/29 Aircraft: Our Growth Projection through FY3/29 Projected 50 billion yen sales expansion in the aircraft market over the next four years 90 90 50 FY3/25 FY3/29 Four-year sales growth projection （Billions of yen） CAGR: approx. 12% Operating margin is expected to exceed 20%
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51 Home Appliances (Air Conditioners): Examples of Our Products in Use Transmission communication driver ICs IR sensors Home appliance market (air conditioners) Bearings High-voltage ICs Inverter ICs
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5 25 Sales growth projection by business portfolio Bearings (PT) Analog semiconductors （Billions of yen） 52 Bearings High-voltage ICs Transmission driver ICs IR sensors Inverter ICs 30 billion yen FY3/29 Home Appliances (Air Conditioners): Growth Projection through FY3/29 Projected 30 billion yen sales expansion in the home appliance market over the next four years 70 70 30 FY3/25 FY3/29 Four-year sales growth projection （Billions of yen） CAGR: approx. 7% Operating margin is expected to exceed 10%
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Analog semiconductors 53 Other Businesses Bearings HB motors Fan motors Handheld type ultrasound diagnostic equipment Medical market Strain gauge type 6-axis force sensors Frame less BLDC motors Electric grippers Internal wiring connectors DC motorsHigh-speed transmission connectors Hall ICs Power supply IC (regulators, DC-DC AC-DC, reset IC, etc.) Industrial equipment market
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47 31 10 7 5 Sales growth projection by business portfolio Bearings(PT) Analog semiconductors Motors Access products Other (Billions of yen) 54 100 billion yen FY3/29 Other Businesses: Our Growth Projection through FY3/29 Projected 100 billion yen sales expansion in other businesses* over the next four years ( *Other businesses include medical equipment, industrial machinery, office equipment, smartphones, games, etc.) 700 700 100 FY3/25 FY3/29 Four-year sales growth projection (Billions of yen) CAGR: approx. 3% Operating margin is expected to exceed 10%
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55 3. Toward Achieving Sustained Enhancement of Corporate Value
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Net sales FY3/25 Growth opportunities over four years (FY3/25-FY3/29) Five Pillars* Other applications TotalAI servers Humanoid robots Commercial drones Fully autonomous driving Subtotal Automotive Aircrafts Home appliances Other Subtotal Bearings (PT ) 255.7 +10 +3 +3 +2 +18 +20 +50 +5 +47 +122 +140 Analog Semiconductors a pprox. 120 — +1 — +3 +4 +20 — +25 +31 +76 +80 Motor s 322.4 +40 +3 +3 +4 +50 +60 — — +10 +70 +120 Access Products 328.1 — — +1 +2 +3 +90 — — +7 +97 +100 Other s ( e lectro nic d evices, s ensing d evices, etc. ) approx. 100 +50 +3 +3 +9 +65 +30 — — +5 +35 +100 Total +100 +10 +10 +20 +140 +220 +50 +30 ＋ 100 +400 +540 56 Growth Opportunities through FY3/29: Business Portfolio Perspective (Best Scenario) （Billions of yen） *Each application includes Integration products
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57 Further Growth Opportunities Business scale in growth areas to exceed 300 billion by FY3/35 20 billion yen (FY3/29) 100 billion yen (FY3/35) 10 billion yen (FY3/29) 100 billion yen to 200 billion yen (FY3/35) 10 billion yen (FY3/29) 20 billion yen (FY3/35) Fully autonomous driving (LiDAR) Humanoid robots Commercial drones Projected sales scale for our company in 10 years (FY3/35)
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3 4 2 1 100 billion yen 60 billion yen 53 billion yen 38 billion yen 58 Operating Income Target for FY3/29 with Reliable Spears 25% 30% 12% 9% Motors Access Products Analog Semiconductors Others (Electronic Devices, Sensing Devices, etc.) Bearings (PT) 20 billion yen10% Note: Due to fluctuations in businesses not listed above, segment-shared expenses, and company-wide adjustments, the above totals do not match the company‘s published figures. The company’s published figures take into account changes in economic conditions and various risks. Operating margin projection Operating income projectionNet sales projection 400 billion yen 200 billion yen 440 billion yen 420 billion yen 200 billion yen
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59 Growth Potential and Profit Margin Bearings (PT) Motors Analog semiconductors Access products 0.0% 10.0% 20.0% 30.0% 0 50 100 150 200 250 300 350 400 450 500 Changes in growth potential and operating margin for the four confirmed Spears Operating margin expands alongside sales growth Net sales (Billions of yen) Operating margin
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60 EPS Growth Rate and ROE 6.18 17.20 32.61 15.63 4.83 55.94 106.73 97.26 107.33 141.14 143.90 111.11 94.95 170.08 178.23 133.05 147.58 0.0% 5.0% 10.0% 15.0% 20.0% 25.0% 0.00 20.00 40.00 60.00 80.00 100.00 120.00 140.00 160.00 180.00 200.00 FY3/09 FY3/10 FY3/11 FY3/12 FY3/13 FY3/14 FY3/15 FY3/16 FY3/17 FY3/18 FY3/19 FY3/20 FY3/21 FY3/22 FY3/23 FY3/24 FY3/25 FY3/29 ROEEPS (yen) EPS EPS（10-year moving average） ROE FY3/29 (Target) EPS (10-year moving average) CAGR of 15% or higher *Japan GAAP until FY3/18, IFRS from FY3/19 onwards FY3/09 – FY3/25 10-year moving average figure: CAGR 14. 4% FY3/29 (Target) ROE of 15% or more FY3/29 Target: ①EPS (10-year moving average) CAGR of 15% or higher, ② ROE of 15% or more
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61 Aiming for Sustained Enhancement of Corporate Value Please look forward to the creation of new value that only MinebeaMitsumi can deliver Vision Becoming an indispensable company by driving the world forward Core businesses with competitive advantage: Eight Spears An Integration parts manufacturer unparalleled in the world Unique Strengths Achievement of mid-term management goals: Net sales of 2.5 trillion yen and operating income of 250 billion yen (in the event of an M&A of the scale of Mitsumi) Net sales of over 2 trillion yen, operating income of over 200 billion yen (best-case scenario for organic growth) Sustainable shareholder value creation: ROE of 15% or more, EPS 10-year average CAGR of 15% or higher Commitment to the Stock Market
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https://www.minebeamitsumi.com/ Any statements in this presentation which are not historical are future projections based on certain assumptions and executive judgments drawn from currently available information. Please note that actual performance may vary significantly from any particular projection due to various factors. Factors affecting our actual performance include but are not limited to: (i) changes in economic conditions or demand trends related to MinebeaMitsumi’s business operations; (ii) fluctuation of foreign exchange rates or interest rates; and (iii) our ability to continue R&D, manufacturing and marketing in a timely manner in the electronics business sector, where technological innovations are rapid and new products are launched continuously. All the information in this document is the property of MinebeaMitsumi Inc. All parties are prohibited, for whatever purpose, to copy, modify, reproduce, transmit, etc. this information regardless of ways and means without prior written permission of MinebeaMitsumi Inc.