Mitsuba reported earnings results for the six months ended September 30, 2015. For the period, the company reported net income grew 10.6% year on year to JPY 5.4 billion (USD 45.8 million). Its net sales for the period increased 8% year-on-year to JPY 161.3 billion, driving a 3.2% year-on-year rise in operating income to JPY 9.8 billion.

For the full year ending March 31, 2016, the company expects net sales to rise 4.6% year on year to JPY 320 billion, operating income to decline 5% year on year to JPY 21 billion, and net income to drop 3.8% year on year to JPY 11 billion.