Mitachi Co., Ltd. provided consolidated earnings guidance for the six months ending November 2022 and Year Ending May 31, 2023. For the six months, the company has expects net sales to be ¥21,000 million, Operating profit to be ¥700 million and Profit attributable to owners of parent to be ¥525 million or basic earnings per share to be ¥66.10.

For the year, the company has expects net sales to be ¥42,000 million, Operating profit to be ¥1,400 million and Profit attributable to owners of parent to be ¥1,050 million or basic earnings per share to be ¥132.21.