Mitsuba Reports Earnings Results for the First Quarter Ended June 30, 2015; Provides Earnings Guidance for the Year Ending March 31, 2016
For the full Fiscal Year ending 31 March 2016, the company expects net sales to grow 4.6% year-on-year to JPY 320 billion, operating income to increase 4.1% year-on-year to JPY 23 billion, and net income to rise 13.7% year-on-year to JPY 13 billion.