Mitsuba Corporation provided consolidated earnings forecast for first six month and full year of the year ending March 31, 2024. For the six months, the company expects the Net sales of JPY 160,000 Million. Operating profit of JPY 6,000 Million. Profit attributable to owners of parent of JPY 3,000 Million. Basic earnings per share of JPY 60.33.

For the Full year, the company expects the Net sales of JPY 322,000 Million. Operating profit of JPY 15,000 Million. Profit attributable to owners of parent of JPY 8,000 Million. Basic earnings per share of JPY 165.34.