Minebea Mitsumi pauses acquisitions to chase AI returns

Yoshihisa Kainuma, chairman of Minebea Mitsumi, says the company plans to focus on ballooning orders for its ball bearings, used inside AI server fans and humanoid joints. Minebea Mitsumi, one of Japan's biggest corporate dealmakers, is hitting pause on acquisitions to focus on its output of ball bearings, motors and actuators for AI hardware to chase lucrative returns from the emerging technology. The key supplier to Nintendo is eyeing climbing market forecasts for data centers and humanoid robots, and sees "unlimited" upside ahead, according to Chairman Yoshihisa Kainuma, who said the company has no current plans for deals. "We are so busy," he said in an interview. "It's more important for us to focus on the volume of work in front of us, rather than on M&A and pouring managerial resources into a new arena." In a time of both misinformation and too much information, quality journalism is more crucial than ever.