Kubotek Corp. reported consolidated and non consolidated earnings results for the year of 2011. For the period, on consolidated basis, the company reported net sales of JPY 3,328,625,000 compared to JPY 5,041,393,000 a year ago. Operating loss of JPY 209,776,000 compared to operating income of JPY 531,357,000 a year ago. Ordinary loss of JPY 235,502,000 compared to ordinary income of JPY 510,309,000 a year ago. Loss before income taxes was JPY 251,818,000 compared to income before income taxes of JPY 507,444,000 a year ago. Net loss of JPY 262,133,000 compared to net income of JPY 449,933,000 a year ago. Net cash used in operating activities was JPY 511,908,000 compared to net cash provided by operating activities of JPY 1,251,601,000 a year ago. Purchase of property, plant and equipment was JPY 16,864,000 compared to JPY 14,508,000 a year ago. Purchase of intangible assets was JPY 1,232,000 compared to JPY 1,441,000 a year ago. Negative ROE was 14.2% compared to positive 25.9% a year ago. Negative ROA was 4.0% compared to positive 8.7% a year ago. For the interim fiscal 2012, the company expects net sales of JPY 1,050 million, operating loss of JPY 285 million, ordinary loss of JPY 295 million, and net loss of JPY 300 million or JPY 2,178.97 per share. For the fiscal 2012, the company expects net sales of JPY 3,400 million, operating income of JPY 65 million, ordinary income of JPY 40 million, and net income of JPY 30 million or JPY 217.90 per share. For the period, on non consolidated basis, the company reported net sales of JPY 2,975 million compared to JPY 4,730 million a year ago. Operating loss of JPY 182 million compared to operating income of JPY 502 million a year ago. Ordinary loss of JPY 203 million compared to ordinary income of JPY 458 million a year ago. Net loss of JPY 227 million or JPY 1,648.97 per share compared to net income of JPY 403 million or JPY 2,930.92 per share a year ago.