Instrumental variable (IV) filters designed for range sidelobe suppression in multiple-input multiple-output (MIMO) radar suffer from Doppler mismatch. This mismatch causes losses in peak response and increases sidelobe levels, which affect the performance of MIMO radar. In this paper, a novel method using the component-code processing prior to the IV filter design for MIMO radar is proposed. It not only compensates for the Doppler effects in the design of IV filter, but also offers more virtual sensors resulting in narrower beams with lower sidelobes. Simulation results are presented to verify the effectiveness of the method.