TOKYO, May 15 (Pulse News Wire) – Mitsuba Corporation (7280.T) reported its consolidated financial results for the fiscal year ending March 31, 2026, surpassing previous revenue projections. According to the latest figures, sales reached ¥348.6 billion compared to the previously forecasted ¥340.0 billion, marking a 2.5% increase.
Operating profit also saw a significant boost, rising to ¥23.91 billion from the earlier estimate of ¥20.00 billion, representing a 19.5% growth. The improved performance was attributed to strong demand for two-wheeled vehicles and information services in South America, coupled with favorable exchange rate impacts due to the weakening yen.
As a result, Mitsuba's operating profit, ordinary profit, and net income attributable to shareholders all exceeded initial expectations. Net income per share increased to ¥240.2 million, up from the projected ¥178.9 million, reflecting a substantial 31.3% rise.
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