MTI Ltd. reported consolidated earnings results for the first quarter ended December 31, 2020. For the quarter, the company reported net sales of JPY 6,304 million against JPY 6,118 million a year ago. Operating income was JPY 553 million against JPY 586 million a year ago. Profit attributable to owners of parent was JPY 220 million against JPY 231 million a year ago. Net income per share was JPY 4.04 against JPY 4.23 a year ago. Net income per share diluted was JPY 4.01.