Mitsuba Corporation revised Consolidated earnings guidance for the Fiscal Year Ending March 31, 2023. For the year, company expects Net sales to be JPY 310,000 million compared to JPY 320,000 million previously guidance, Operating profit to be JPY 8,000 million compared to JPY 10,000 million previously guidance, Profit attributable to owners of parent to be JPY 1,200 million compared to JPY 3,000 previously guidance and Basic earnings per share to be JPY 6.70 compared to JPY 46.92 previously guidance.