<PAGE>   1
                       SECURITIES AND EXCHANGE COMMISSION
                            Washington, D.C.  20549


                                   Form 10-Q


(Mark One)
      [X]   QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
            EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED MARCH 31, 2000


                                       OR


      [ ]   TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
            EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM ______ TO ______


                         Commission File Number 1-13066



                                  MIKASA, INC.
             (Exact name of Registrant as specified in its charter)



                Delaware                             33-0099676
     -------------------------------             ------------------
     (State or other jurisdiction of              (I.R.S. Employer
      incorporation or organization)             Identification No.)



  One Mikasa Drive, Secaucus, New Jersey                 07096
 ----------------------------------------              ---------
 (Address of principal executive offices)              (Zip Code)



                                 (201) 867-9210
                                 --------------
               Registrant's telephone number, including area code



Indicate by check mark whether the Registrant (1) has filed all reports required
to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during
the preceding 12 months (or for such shorter period that the Registrant was
required to file such reports), and (2) has been subject to such filing
requirements for the past 90 days.  Yes  X  No
                                        ---      ---


     As of March 31, 2000, a total of 17,075,645 shares of the Registrant's
                Common Stock, $0.01 par value, was outstanding.
<PAGE>   2



                                  MIKASA, INC.

                               TABLE OF CONTENTS


                                                                         Page
                                                                         ----
PART I.        FINANCIAL INFORMATION

               Item 1.  Financial Statements

                        Consolidated Balance Sheets as of                   3
                        March 31, 2000 and December 31, 1999

                        Consolidated Statements of Income                   4
                        for the three months ended March 31,
                        2000 and 1999

                        Consolidated Statements of Cash Flows               5
                        for the three months ended March 31,
                        2000 and 1999

                        Notes to Consolidated Financial                     6
                        Statements

               Item 2.  Management's Discussion and Analysis                8
                        of Financial Condition and Results of
                        Operations

               Item 3.  Quantitative and Qualitative Disclosures About     12
                        Market Risks

PART II.       OTHER INFORMATION

               Item 6.  Exhibits and Reports on Form 8-K                   12

               Signatures                                                  13


                                       2

<PAGE>   3
                         PART I.  FINANCIAL INFORMATION

ITEM 1.  FINANCIAL STATEMENTS


                         MIKASA, INC. AND SUBSIDIARIES

                          CONSOLIDATED BALANCE SHEETS
                     (IN THOUSANDS, EXCEPT PER SHARE DATA)



                                               MARCH 31,           DECEMBER 31,
                                                 2000                  1999
                                              -----------          ------------
                                              (UNAUDITED)
ASSETS

Cash and cash equivalents                       $ 26,746             $ 45,650
Accounts receivable trade, net                    30,521               29,684
Inventories                                      155,752              155,204
Deferred income taxes                              4,326                4,375
Prepaid expenses and other current assets          3,551                3,129
                                                --------             --------
    Total current assets                         220,896              238,042
Property and equipment, net                      125,363              127,665
Notes receivable and other assets                  1,433                  956
Intangible assets, net                             4,651                4,740
                                                --------             --------
    Total assets                                $352,343             $371,403
                                                ========             ========


LIABILITIES AND STOCKHOLDERS' EQUITY

Short-term borrowings                           $ 11,427             $ 11,514
Accounts payable                                   9,489               18,113
Other current liabilities                         25,173               33,314
                                                --------             --------
    Total current liabilities                     46,089               62,941
Deferred income taxes                              5,977                5,977
Notes payable                                     90,000               90,000
                                                --------             --------
    Total liabilities                            142,066              158,918
                                                --------             --------
Preferred stock, undesignated, $0.01 par
  value; authorized 20,000 shares; none
  issued and outstanding                              --                   --
Common stock, $0.01 par value; authorized
  80,000 shares; issued and outstanding
  17,076 and 17,179 shares at March 2000
  and December 1999, respectively                 49,937               49,937
Cumulative translation adjustment                    420                  748
Retained earnings                                214,394              215,265
                                                --------             --------
                                                 264,751              265,950
Less treasury stock, 5,244 and 5,141
  shares at March 2000 and December
  1999, respectively, at cost                    (54,474)             (53,465)
                                                --------             --------
    Total stockholders' equity                   210,277              212,485
                                                --------             --------
    Total liabilities and stockholders'
      equity                                    $352,343             $371,403
                                                ========             ========

The accompanying notes are an integral part of these consolidated financial
statements.


                                       3
<PAGE>   4

                         MIKASA, INC. AND SUBSIDIARIES

                       CONSOLIDATED STATEMENTS OF INCOME
                                  (UNAUDITED)
                     (IN THOUSANDS, EXCEPT PER SHARE DATA)



                                                     FOR THE THREE MONTHS ENDED
                                                               MARCH 31,
                                                     --------------------------
                                                        2000            1999
                                                     ----------      ----------

Net sales                                              $80,345         $80,335
Cost of sales                                           42,404          43,390
                                                       -------         -------
    Gross profit                                        37,941          36,945
Selling, general and administrative expenses            36,533          37,305
                                                       -------         -------
    Income (loss) from operations                        1,408            (360)
Interest expense, net                                    1,464           1,567
                                                       -------         -------
    Income (loss) before income taxes                      (56)         (1,927)
Income tax benefit                                         (22)           (756)
                                                       -------         -------
    Net income (loss)                                  $   (34)        $(1,171)
                                                       =======         =======
Basic and diluted net income (loss) per
  share of common stock                                $ (0.00)        $ (0.07)
                                                       =======         =======
Weighted average number of shares
  of common stock outstanding
  and dilutive securities                               17,121          17,816
                                                       =======         =======
Cash dividends per share of
  common stock                                         $  0.05         $  0.05
                                                       =======         =======


The accompanying notes are an integral part of these consolidated financial
statements.

                                       4



















<PAGE>   5
                         MIKASA, INC. AND SUBSIDIARIES

                     CONSOLIDATED STATEMENTS OF CASH FLOWS
                                  (UNAUDITED)
                                 (IN thousands)

                                                    FOR THE THREE MONTHS ENDED
                                                             MARCH 31,
                                                    --------------------------
                                                     2000               1999
                                                   --------           --------

Cash flows from operating activities:
  Net loss                                         $    (34)           $ (1,171)
  Adjustments to reconcile net income (loss)
    to net cash used in operating activities:
  Depreciation and amortization                       3,255               3,106
  Changes in operating assets and liabilities       (19,212)             (7,573)
                                                   --------            --------
    Net cash used in operating activities           (15,991)             (5,638)
                                                   --------            --------
Cash used in investing activities:
  Capital expenditures                                 (925)             (1,356)
                                                   --------            --------
Cash flows (used in) from financing activities:
  Net (payments) borrowing of short term debt           (90)                 44
  Purchase of treasury stock                         (1,008)             (2,687)
  Exercise of common stock options                        0                  10
  Dividends paid                                       (858)               (897)
                                                   --------            --------
    Net cash used in financing activities            (1,956)             (3,530)
                                                   --------            --------
    Effect of exchange rate changes on cash
      and cash equivalents                              (32)                663
                                                   --------            --------
    Net decrease in cash and cash equivalents       (18,904)             (9,861)

Cash and cash equivalents, beginning of period       45,650              39,792
                                                   --------            --------

Cash and cash equivalents, end of period           $ 26,746            $ 29,931
                                                   ========            ========

The accompanying notes are an integral part of these consolidated financial
statements.



                                       5
<PAGE>   6
                         MIKASA, INC. AND SUBSIDIARIES

                   NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
                                  (UNAUDITED)
                     (IN THOUSANDS, EXCEPT PER SHARE DATA)


1.      INTERIM FINANCIAL STATEMENTS:

        The accompanying consolidated financial statements of Mikasa, Inc. and
its wholly-owned and majority-owned subsidiaries (the "Company") have not been
audited by independent accountants, except for the balance sheet as of December
31, 1999.  In the opinion of management, all adjustments (consisting of normal
recurring adjustments) considered necessary for a fair presentation have been
included.  Operating results for the three months ended March 31, 2000 are not
necessarily indicative of the results that may be expected for the year ending
December 31, 2000.

2.      INCOME TAXES:

        For the three months ended March 31, 2000, the income tax benefit was
provided at an estimated annual rate of 38.9% of loss before taxes.  For the
three months ended March 31, 1999, income tax benefit was provided at an
estimated annual rate of 39.2% of loss before taxes.

3.      ACCOUNTS RECEIVABLE, TRADE:

        Receivables are net of allowances for uncollectible accounts of $765 at
March 31, 2000 and $774 at December 31, 1999.

4.      PROPERTY AND EQUIPMENT:

        Property and equipment, at cost, are net of accumulated depreciation and
amortization of $54,990 at March 31, 2000 and $51,824 at December 31, 1999.

5.      INTANGIBLE ASSETS:

        Intangible assets are net of accumulated amortization of $3,074 at March
31, 2000 and $2,984 at December 31, 1999.

6.      DECLARATION OF DIVIDEND:

        On March 20, 2000, the Company declared a quarterly dividend of $0.05
per share or $852 on its common stock to stockholders of record on March
31,2000, payable on April 11, 2000.


                                       6
<PAGE>   7
                         MIKASA, INC. AND SUBSIDIARIES

                   NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
                                  (UNAUDITED)
                     (IN THOUSANDS, EXCEPT PER SHARE DATA)


7.      SEGMENT INFORMATION:

        The Company's reportable segments are based on channels of distribution
and geographic operations.  Certain of the information reported herein is
reported upon the basis of the Company's internal management reporting systems
rather than under generally accepted accounting principles.  Specifically, if
the Company were to adjust its accounting to generally accepted accounting
principles, the result would be to increase cost of sales for its Retail
Accounts Group and decrease cost of sales by the identical amount for its Direct
to Consumers Group to adjust for inter-company profits (i.e. for internal
reporting and management purposes, amounts related to all inter-company
inventory profit eliminations result in a higher cost of sales to the Direct to
Consumers Group).  Furthermore, since part of the mission of the Company's
Direct to Consumers Group is to liquidate slow moving or out of season products
within the Company's inventories, the allocation of related mark downs for this
activity is inherently subjective and virtually impossible to account for on the
basis of generally accepted accounting principles within segments.  The Company
evaluates the performance of its operating segments based on direct operating
income or losses.  Each segment records direct expenses related and allocable to
its employees and its operations.

        Summarized financial information concerning the Company's reportable
segments as of March 31, is shown in the following table:

                                              FOR THE THREE MONTHS ENDED
                                                       MARCH 31,
                                              --------------------------
                                                 2000             1999
                                               --------         --------
     Net sales:
       Direct to Consumers                     $ 44,689         $ 45,667
       Retail Accounts                           26,837           27,952
                                               --------         --------
         Total U.S.                              71,526           73,619
       International                              8,819            6,716
                                               --------         --------
         Consolidated                          $ 80,345         $ 80,335
                                               ========         ========

     Direct operating income:
       Direct to Consumers                     $  2,756         $  2,631
       Retail Accounts                            3,865            3,784
                                               --------         --------
         Total U.S.                               6,621            6,415
       International                                570              351
                                               --------         --------
         Consolidated                             7,191            6,766
     U.S. corporate overhead expenses             5,783            7,126
                                               --------         --------
     Income (loss) from operations                1,408             (360)
     Interest expense, net                        1,464            1,567
                                               --------         --------
       Income before income taxes              $    (56)        $ (1,927)
                                               ========         ========


                                       7
<PAGE>   8

ITEM 2.  MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND
            RESULTS OF OPERATIONS

RESULTS OF OPERATIONS

        The following table sets forth certain financial and operations data for
the periods indicated:

                                                            THREE MONTHS ENDED
                                                                 MARCH 31,
                                                            ------------------
                                                              2000      1999
                                                            --------  --------
NET SALES BY CHANNEL OF DISTRIBUTION:
Direct to consumers                                          $44,689   $45,667
Retail accounts                                               26,837    27,952
International                                                  8,819     6,716
                                                             -------   -------
     Total                                                   $80,345   $80,335
                                                             =======   =======
U.S. OPERATIONS DATA:
Stores open at beginning of period                               165       158
Stores opened during period                                        2         1
Stores closed during period                                       (3)        0
                                                             -------   -------
Stores open at end of period(1)                                  164       159
                                                             =======   =======

(1)  Stores in Canada open at end of period were 6
     in 2000 and 5 in 1999

Percentage (decrease) increase in comparable store
net sales                                                       (5.7%)     0.3%


                                                            AS OF MARCH 31,
                                                          --------------------
                                                             2000      1999
                                                          ---------  ---------
Total U.S. store gross square footage                     1,544,100  1,509,800


--------------
Three Months Ended March 31, 2000 Compared to Three Months Ended March 31, 1999

        Net Sales.  Net sales for both the three months ended March 31, 2000
(the "current period") and for the three months ended March 31, 1999 (the "prior
period") were $80.3 million.  Sales through direct to consumers channel of
distribution decreased $1.0 million.  The decrease was primarily attributable to
the comparable store sales decrease in the current period and partially offset
by increased sales of $2.0 million from new retail stores opened less than
twelve months.  Sales through the retail accounts channel of distribution
decreased $1.0 million and sales through the international channel of
distribution increased $2.1 million.

        Gross Profit.  Gross profit for the current period was  $37.9 million,
an increase of  $1.0 million or 2.7% over the prior period's gross profit of
$36.9 million.  Gross profit as a percentage of net sales increased to 47.2% in
the current period from  46.0% in the prior period.  The gross profit increase
as a percentage of net sales was primarily due to improved margins from the
director to consumers and international channels of distribution.


                                       8
<PAGE>   9


        Selling, General and Administrative Expenses.  Selling, general and
administrative expenses in the current period were $36.5 million, a decrease of
$0.8 million or 2.1% compared to the prior period of $37.3 million.  As a
percentage of net sales, such expenses decreased to 45.5% in the current period
from 46.4% in the prior period.  During the current period, $1.6 million in
expenses were added for ongoing operating expenses of the new stores opened in
the United States during the last twelve months and certain pre-opening expenses
for these stores and other stores expected to open in 2000.  It is the Company's
practice to expense all costs associated with new store openings as incurred.
During the current period, savings of  $0.8 million in expenses were recognized
from the stores closed in the last twelve months.  Operating expenses also
reflect decreased expenses from the Company's Secaucus, New Jersey warehouse as
it completed its distribution function transfer to the Charleston, South
Carolina facility in March 1999.

        Income (loss) from Operations.  Income from operations in the current
period was  $1.4 million, an increase of $1.8 million from the prior period's
loss from operations of ($0.4) million.  This represented an increased as a
percentage of net sales to 1.8% in the current period from (0.4%) in the prior
period.

        Interest Expense, Net.  Net interest expense was $1.5 million in the
current period, a decrease of $0.1 million from the prior period of $1.6
million.  The decrease was primarily due to lower interest expense related to
long-term debt in the current period as a result of annual principal loan
repayments.

LIQUIDITY AND CAPITAL RESOURCES

        Historically, the Company has used cash from operations, an equity
offering and debt financing to fund working capital requirements and capital
expenditures.  In June 1997, the Company placed $60.0 million in unsecured,
senior notes with a group of insurance companies at an interest rate of 7.38%
per annum, payable semi-annually, which mature on June 4, 2007.  Principal
payments of $15.0 million per year will be due annually commencing in June 2004.
The Company also has outstanding $40.0 million in unsecured senior notes with a
group of insurance companies which bear interest at the rate of 6.66% per annum,
payable semi-annually, which mature in May 2003.  Principal payments on these
notes of $10.0 million per year are due annually in May each year until May
2003.  The Company also has a $50.0 million unsecured revolving credit facility
provided by two banks.  The maturity date of the revolving credit facility is
May 19, 2001.  As of March 31, 2000, $5.5 million had been used for letters of
credit under the revolving credit facility.  The balance of $44.5 million was
unused and available at March 31, 2000.  The Company's senior notes and
revolving credit agreements contain certain financial covenants, including
restrictions on cash distributions to stockholders, which could limit the
Company's future ability to pay cash dividends.

        The Company had working capital of $174.8 million at March 31, 2000 and
working capital of $175.1 million at December 31, 1999.  Net cash used in
operating activities was $16.0 million and $5.6 million for the three months
ended March 31, 2000 and 1999, respectively.  The increase in net cash used in
operating activities was primarily attributable to a decrease in accounts
payable and other current liabilities.

        Net cash used in investing activities for capital expenditures was $0.9
million and $1.4 million in the three months ended March 31, 2000 and 1999,
respectively.  These capital expenditures consisted primarily of expenditures
for fixtures and leasehold improvements for new stores, improvements to
distribution facilities and renovation of existing retail stores.

        Pursuant to the Company's previously announced common stock repurchase
program of up to $20 million of its common stock, the Company has purchased
1,322,600 shares through March 31, 2000 at a total cost of $14.8 million.

        Certain monetary assets and liabilities of the Company are in foreign
currencies and may be subject to foreign exchange risk.  Foreign currency
exchange losses have not in the past had a material effect on the Company's
financial condition since these assets and liabilities are not material to its
consolidated monetary assets and liabilities.  As such, these items have not
been hedged by the Company.


                                       9
<PAGE>   10
        The Company's inventory purchases in 1999 were approximately 20% from
Japanese factories and approximately 31% from German and Austrian factories
combined. The significant portion of inventory purchases in foreign currencies
exposes the Company to foreign currency fluctuations which can affect the
Company's gross profit margin.  To hedge against potential foreign currency
swings, the Company has strategies in place which are intended to minimize the
adverse impact of foreign currency fluctuations on its business.  These
strategies are: (i) Currency risk sharing arrangements with the Company's
Japanese suppliers; (ii) Forward exchange contract coverage on part of its
German mark related purchases; (iii) Sourcing of products from countries other
than Japan and Germany where feasible; and (iv) Converting certain purchases
from foreign currency to U.S. dollar denominations.  The currency risk sharing
arrangements minimize the impact of currency swings by the equal sharing of
currency exposures against inventory purchases denominated in Japanese yen
between the suppliers and the Company.  Future fluctuations of the U.S. dollar
in relation to foreign currencies can impact earnings in future periods.

        The Company has two primary distribution centers in the United States,
located in Charleston, South Carolina and Long Beach, California.  The
Charleston facility is owned and the Long Beach facility is leased.  The Company
also leases additional off-site warehouse space in separate buildings to augment
the Long Beach facility.  The Company has its corporate office facility in
Secaucus, New Jersey, which is Company owned.  After transfer of the Secaucus
facility's warehouse function to the Company's Charleston distribution facility,
the warehouse portion of the facility was leased to an unrelated third party in
April 1999.  The lease term is for 9 years and will provide annually in excess
of $2 million in pre-tax income.  The Company's 580,000 square foot distribution
facility in Charleston, South Carolina became fully operational during the
latter part of 1998.

        During the first quarter of 2000, the Company opened two new retail
stores and closed three retail stores in the United States to end the quarter
with 164 stores, including 6 Canadian stores.  The number of states in which the
Company operates retail stores is 41 and the number of Canadian provinces is 3.
The Company plans to continue expansion of its store network in the United
States and Canada.  Present plans include opening up to 7 new retail stores in
the balance of 2000 and up to 10 new retail stores in 2001.  Two retail stores
were opened in the first quarter.  Each store requires a commitment of
inventory, fixtures, equipment and pre-opening store expenses.

        The Company currently estimates that its aggregate capital expenditures
in 2000 and 2001 will approximate up to $20 million.  This includes the
expansion and support of the Company's retail store network and expansion of its
international operations and capital expenditures for the Company's distribution
and office facilities, including system and technology enhancements.  In each of
these cases, there can be no assurance that the Company's capital expenditures
will not exceed this estimated amount.

FUTURE DEVELOPMENTS

        In June 1998, the Financial Accounting Standards Board ("FASB") issued
Statement of Financial Accounting Standards ("SFAS") No. 133, Accounting for
Derivative Instruments and Hedging Activities.  This Statement establishes
accounting and reporting standards for derivatives and hedging activities.  In
accordance with this Statement, all derivatives must be recognized as assets or
liabilities and measured at fair value.  This Statement will be effective for
the Company beginning in the first quarter of 2001.  The Company is currently
evaluating the requirements of SFAS No. 133.

YEAR 2000 COMPLIANCE

        The Company established and implemented, using a five phase approach,
its year 2000 program which was designed to minimize the risk of computer
failure upon entering the Year 2000 to the Company's business and its customers.
The five phases included assessment, planning, remediation, testing and
validation. All phases of the program were completed by the end of 1999.


                                       10
<PAGE>   11
        The total cost to implement the Year 2000 program was approximately
$240,000. To date, the Company has not experienced any major systems failures or
other adverse consequences due to Year 2000 noncompliance. While the possibility
still exists for future computer failures, internally or among its customers and
suppliers, management does not expect that these developments, should they
occur, would have a material adverse impact on the financial position, results
of operations or cash flows of the Company.

SEASONALITY AND QUARTERLY FLUCTUATIONS

        Historically, the Company's operations have been seasonal, with higher
sales and net income occurring in the third and fourth quarters, reflecting
increased demand during the year-end holiday selling season.  Since the biggest
retail selling season is the year-end holiday season, and as more of the
Company's principal department store customers adopt electronic data interchange
which allows them to defer shipments until later in the selling season, future
sales are expected to be more heavily weighted toward the third and fourth
quarters.  In addition, the Company's retail stores experience a similar
seasonal selling pattern, however, sales are more heavily weighted toward the
fourth quarter.  As a result, as the Company increases the number of stores, the
shift of sales volume toward the latter part of the year is expected to
continue.

        The Company's results of operations may also fluctuate from quarter to
quarter in the future as a result of the amount and timing of sales contributed
by, and expenses related to, the opening of new retail stores and the
integration of such stores into the operations of the Company, as well as other
factors.  The addition of a significant number of retail stores, as is
anticipated with the Company's store expansion program, can therefore
significantly affect results of operations on a quarter-to-quarter basis.  As
the addition of new stores continues, operating income for the first and second
quarters will be more impacted by the combination of seasonally lower sales
volumes during this period and increased operating expenses.  The increase in
operating expenses is principally due to an increased percentage of fixed
expenses that relate to retail stores and the additional incremental expense
from new developing stores.

FORWARD-LOOKING INFORMATION

        We believe that certain statements or assumptions contained in
Management's Discussion and Analysis constitute "forward-looking" information
(as defined in the Private Securities Litigation and Reform Act of 1995).  These
forward-looking statements involve risks, uncertainties and other factors that
may cause our actual results, performance or achievements to vary materially
from our predicted results, performance or achievements.  Our factors include,
among others, the impact on future sales and profitability of the Company's new
distribution facility, foreign exchange and foreign purchasing risks, planned
expansion of the Company's retail store network, capital expenditure levels
associated with planned projects, future trends relating to seasonality,
competition from the expansion of retail store networks by our competitors,
increased governmental quotas, tariffs or other restrictions on products the
Company imports, and various other factors referenced in this Quarterly Report
on Form 10-Q.  We will not update the forward-looking information to reflect
actual results or changes in factors affecting the forward-looking information.
The forward-looking information referred to above includes, but is not limited
to:  (a) expectations regarding the Company's financial condition and liquidity,
as well as future cash flows; (b) expectations regarding capital expenditures;
and (c) expectations regarding sales growth, gross margins, and selling, general
and administrative expenses.  In addition to the risks, uncertainties and other
factors referred to above which may cause the actual results, performance or
achievements to vary from predicted results, these estimated amounts are based
on various factors and were derived using numerous important assumptions,
including: the Company's successful performance of internal plans; its ability
to control inventory levels; customer changes in short range and long range
plans; domestic and international competition in the Company's product areas;
future performance of the Company's new distribution facility and successful
completion of programs to improve efficiency of the new facility; continued
acceptance of existing products and the development and acceptance of new
products; performance issues with key suppliers; changes in government import
and export policies; risks related to international transactions and hedging
strategies; the ability to establish a successful e-commerce function; and
general economic risks and uncertainties.


                                       11
<PAGE>   12

ITEM 3.  QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISKS

            None



                          PART II.  OTHER INFORMATION


ITEM 6.  EXHIBITS AND REPORTS ON FORM 8-K

              (a)  Exhibits

                     (27)  Financial Data Schedule

              (b)  Reports on Form 8-K

                        None.

                                       12

<PAGE>   13


                                   SIGNATURES


Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.



                                 MIKASA, INC.
                                 (Registrant)





Date:   May 15, 2000                /s/ Raymond B. Dingman
                                    -------------------------------------------
                                    Raymond B. Dingman
                                    President and Chief Executive Officer




                                    /s/ Brenda W. Flores
                                    -------------------------------------------
                                    Brenda W. Flores
                                    Vice President and Chief Financial Officer
                                    (Principal Financial and Accounting Officer)


                                       13

<PAGE>   14
                                 EXHIBIT INDEX


Exhibit No.                        Description                             Page
-----------                        -----------                             ----

    27                 Financial Data Schedule                              15




                                       14