I think you'll find that they are imperial. In the center of the dial just below the spindle for the hand you can see it is marked >ll< 001" so each small mark on the dial equals one thousandth of an inch. So one half a turn is 100 thou or 1/10th of an inch.
Zero it by closing it, make sure the faces are clean first, then loosen the little thumb screw, rotate the dial to align the pointer with a zero, then tighten the thumb screw. check it by slowly opening it 5 full turns, zero to zero, it should line up with the one inch mark on the bottom scale. Mitutoyo good quality. look after it will last a lifetime.