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Japan-Update

Bearing maker MinebeaMitsumi seen beating full-year profit forecast

LED backlights and video game components outdoing expectations

Backlights for LED screens are one of MinebeaMitsumi's key products.

TOKYO -- Japanese partsmaker MinebeaMitsumi appears likely to post about 79 billion yen ($722 million) in group operating profit for the fiscal year ending in March, up 6 billion yen from projections, thanks in part to stronger-than-expected sales of backlights for smartphone displays.

That would mark a roughly 60% gain over adjusted results from the preceding fiscal year, when the company formed through a merger.

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