Mitsuba Corporation revised consolidated earnings guidance for the fiscal year ending March 31, 2023. For the fiscal year, the company revised guidance of net sales from JPY 330,000 million to JPY 320,000 million, operating profit from JPY 11,000 million to JPY 10,000 million, profit attributable to owners of parent from JPY 4,000 million to JPY 3,000 million and basic earnings per share from JPY 69.26 to JPY 46.92.