Mitsuba Corporation provided consolidated earnings guidance for the six months ended September 30, 2022 and full year ending March 31, 2023. For the six months, the company expects net sales of ¥155,000 million, operating profit of ¥2,000 million, loss attributable to owners of parent of ¥1,000 million and basic loss per share of ¥32.43.

For the year, the company expects net sales of ¥330,000 million, operating profit of ¥11,000 million, profit attributable to owners of parent of ¥4,000 million and basic earnings per share of ¥69.26.