NS United Kaiun Kaisha, Ltd. reported consolidated and non consolidated earnings results for the year ended March 31, 2014. For the period, on consolidated basis, the company's revenues were JPY 153,665 million compared to JPY 131,379 million a year ago. Operating income was JPY 8,842 million compared to JPY 1,173 million a year ago. Ordinary income was JPY 8,920 million compared to JPY 2,529 million a year ago. Net income was JPY 10,778 million compared to net loss of JPY 15,505 million a year ago. Net income per share was JPY 46.72 compared to net loss per share of JPY 67.21 a year ago. Return on equity was 19.1% compared to negative return on equity of 27.2% a year ago. Cash flow from operating activities was JPY 12,590 million compared to JPY 7,067 million a year ago.

For the period, on non consolidated basis, the company's revenues were JPY 128,514 million compared to JPY 107,163 million a year ago. Operating income was JPY 4,936 million compared to operating loss of JPY 1,291 million a year ago. Ordinary income was JPY 6,776 million compared to JPY 2,596 million a year ago. Net income was JPY 7,118 million compared to net loss of JPY 16,014 million a year ago. Net income per share was JPY 30.86 compared to net loss per share of JPY 69.42 a year ago.

The company provided consolidated earnings guidance for the second quarter and full year ending March 31, 2014. For the second quarter, the company expects revenue of JPY 81,000 million, operating income of JPY 4,700 million, ordinary income of JPY 3,500 million, net income of JPY 2,800 million and net income per share of JPY 12.14.

For the year, the company expects revenue of JPY 164,000 million, operating income of JPY 9,500 million, ordinary income of JPY 7,300 million, net income of JPY 5,700 million and net income per share of JPY 24.71.

The company declared year end dividend of JPY 9.00 per share for the year ended March 31, 2014 compared to nil dividends for the same period last year.