Mitsuba Reports Earnings Results for the Six Months Ended September 30, 2015; Provides Earnings Guidance for the Full Year Ending March 31, 2016
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.