Mitsuba's net income down 38.6% y/y to USD21 million in Q1 FY 2014/15
Net sales up 18.2% y/y to USD727.8 million
Mitsuba’s net income declined 38.6% year-over-year (y/y) to JPY2.1 billion (USD 21million, 30 June 2014) in the first quarter ended 30 June 2014 compared with JPY3.4 billion (USD34.2 million) a year ago, the company said in a regulatory filing.
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