River Eletec Corporation reported consolidated earnings results for the half year ended September 30, 2013. For the period, the company reported net income of ¥84 million, ordinary income of ¥93 million and operating income of ¥9 million on net sales of ¥3,101 million against net income of ¥22 million, ordinary income of ¥36 million and operating income of ¥42 million on net sales of ¥3,007 million for the same period in the last year.

The company provided earnings guidance for the fiscal year ending March 31, 2014. For the year, the company expects net income of ¥83 million or ¥11.34 earnings per share, ordinary income of ¥96 million and operating income of ¥118 million on net sales of ¥6,806 million.

The company provides dividend guidance for the fiscal year ending March 31, 2014. For the fiscal year, the company expects to pay a dividend of ¥2.00 per share which is in line with the dividend paid for the same period in the last year.

For the second quarter, the company declared dividend of ¥1.00 per share.