Showa Aircraft Industry Co., Ltd. reported consolidated and individual earnings results for the full year ended March 31, 2013. For the year, on consolidated basis, the company reported sales of ¥22,077 million, operating income of ¥1,271 million, recurring profit of ¥959 million and net income of ¥575 million or ¥18.22 per share compared to sales of ¥21,808 million, operating income of ¥1,486 million, recurring profit of ¥1,129 million and net income of ¥489 million or ¥15.50 per share a year ago. Cash flows from operating activities were ¥2,137 million compared to ¥2,258 million a year ago.

For the year, on individual basis, the company reported sales of ¥14,961 million, operating income of ¥1,020 million, recurring profit of ¥748 million and net income of ¥436 million or ¥13.81 per share compared to sales of ¥14,799 million, operating income of ¥1,291 million, recurring profit of ¥989 million and net income of ¥515 million or ¥16.33 per share a year ago.

For the year-end, the company declares dividend of ¥4.00 per share compared to ¥3.00 per share a year ago. Full year dividend was ¥7.00 per share compared to ¥6.00 per share a year ago. The dividend is payable on June 27, 2013.

For the second quarter of fiscal 2014, the company expects to pay dividend of ¥3.00 per share compared to ¥3.00 per share a year ago.

For the year-ending March 2014, the company expects to pay dividend of ¥4.00 per share compared to ¥4.00 per share a year ago. The company expects to pay full year dividend of ¥7.00 per share compared to ¥7.00 per share a year ago.

For the half year, on consolidated basis, the company expects sales of ¥10,500 million, operating income of ¥700 million, recurring profit of ¥550 million and net income of ¥600 million or ¥18.99 per share.

For the year ending March 2014, on consolidated basis, the company expects sales of ¥22,500 million, operating income of ¥1,600 million, recurring profit of ¥1,300 million and net income of ¥900 million or ¥28.49 per share.

For the half year, on individual basis, the company expects sales of ¥6,800 million, operating income of ¥650 million, recurring profit of ¥500 million and net income of ¥300 million or ¥9.50 per share.

For the year ending March 2014, on individual basis, the company expects sales of ¥15,500 million, operating income of ¥1,400 million, recurring profit of ¥1,100 million and net income of ¥550 million or ¥17.41 per share.