Otsuka Corp. announced consolidated earnings results for the first quarter ended March 31, 2013. For the period, the company reported net income of ¥3,464 million or ¥109.63 per share, ordinary income of ¥6,431 million and operating income of ¥7,384 million on net sales of ¥140,647 million compared to net income of ¥4,083 million or ¥129.23 per share, ordinary income of ¥7,224 million and operating income of ¥6,912 million on net sales of ¥135,458 million for the same period a year ago. Income before income taxes and minority interests was ¥6,391 million compared to ¥7,046 million for the same period a year ago. Cash flows from operating activities were ¥4,035 million compared to ¥4,063 million for the same period a year ago. Purchases of property, plant and equipment was ¥453 million compared to ¥298 million for the same period a year ago. The company provided earnings guidance for the first half and full year of fiscal 2013. For the first half of fiscal 2013, the company expected net income of ¥10,760 million or ¥340.50 per diluted share, ordinary income of ¥18,370 million and operating income of ¥18,100 million on net sales of ¥276,800 million. For the full year of fiscal 2013 the company expected net income of ¥18,090 million or ¥572.45 per diluted share, ordinary income of ¥31,000 million and operating income of ¥30,500 million on net sales of ¥536,000 million. The company also provided year end dividend guidance for fiscal 2013. For the period, the company expected a dividend of ¥205 per share compared to ¥200 per share for fiscal 2012.

Otsuka Corp. announced that they will report Q1, 2013 results on Apr 26, 2013

Otsuka Corp., Annual General Meeting, Mar 27, 2013.