MTI Ltd. provided consolidated earnings guidance for the first half and full year of the fiscal year ending September 30, 2023. For the first half, the company expects net sales to be JPY 12,700 million. Operating income to be JPY 200 million. Loss attributable to owners of parent to be JPY 740 million. Net loss per share to be JPY 13.55.

For the full year, the company expects net sales to be JPY 26,000 million. Operating income to be JPY 800 million. Loss attributable to owners of parent to be JPY 600 million. Net loss per share to be JPY 10.99.