Showa Aircraft Industry Co., Ltd. reported consolidated and individual earnings results for the year ended March 31, 2014. For the period, on consolidated basis, the company reported net income of ¥1,068 million or ¥33.74 per share on sales of ¥23,122 million against net income of ¥575 million or ¥18.22 per share on sales of ¥22,077 million a year ago. Operating income was ¥2,027 million against ¥1,271 million a year ago. Cash flows from operating activities was ¥3,480 million against ¥2,137 million for the same period in the last year.

For the period, on individual basis, the company reported net income of ¥626 million or ¥19.78 per share on sales of ¥15,950 million against net income of ¥436 million or ¥13.81 per share on sales of ¥14,961 million a year ago. Operating income was ¥1,925 million against ¥1,020 million a year ago.

The company provided consolidated and individual earnings guidance for the half year and full year ending March 31, 2015. For the half year, on consolidated basis, the company expects net income to be ¥550 million or ¥16.86 per share on sales to of ¥10,500 million and operating income to be ¥800 million and recurring profit to be ¥800 million.

For the full year ending March 21, 2015, on consolidated basis, the company expects net income to be ¥1,000 million or ¥30.65 per share on sales to be ¥23,500 million and operating income to be ¥2,000 million and recurring profit to be ¥1,700 million.

For the half year, on individual basis, the company expects net income to be ¥350 million or ¥10.73 per share on sales to of ¥7,000 million and operating income to be ¥800 million and recurring profit to be ¥650 million.

For the full year ending March 21, 2015, on individual basis, the company expects net income to be ¥750 million or ¥22.99 per share on sales to be ¥16,000 million and operating income to be ¥1,700 million and recurring profit to be ¥1,400 million.