Mitsuboshi Belting Ltd. (TYO:5192) saw improved business performance over the second quarter of fiscal 2016. With operating profit rising 7 percent year-on-year to hit 4.5 billion yen ($40 million), it was Mitsuboshi Belting’s best second quarter to date. While there was impact felt with the appreciating yen, the company ensured an increase in profit on account of a decline in…
