Mitsuba Corporation provided consolidated earnings guidance for the first six months and full year of fiscal 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.