KITO Corporation reported consolidated and non-consolidated earnings results for the year ended March 31, 2013. For the year, on consolidated basis, the company reported net sales of JPY 35,501 million against JPY 33,282 million a year ago. Operating income was JPY 2,510 million against JPY 1,658 million a year ago. Ordinary income was JPY 2,440 million against JPY 1,572 million a year ago. Net income was JPY 1,023 million or JPY 79.09 per diluted share against JPY 662 million or JPY 51.21 per diluted share a year ago. Return on equity was 6.3% against 4.3% a year ago. Cash flows from operating activities were JPY 515 million against JPY 411 million a year ago. For the year, on non-consolidated basis, the company reported net sales of JPY 21,308 million against JPY 20,516 million a year ago. Operating income was JPY 1,306 million against JPY 568 million a year ago. Ordinary income was JPY 1,888 million against JPY 1,166 million a year ago. Net income was JPY 993 million or JPY 76.77 per diluted share against JPY 621 million or JPY 48.04 per diluted share a year ago. The company announced year-end dividend of JPY 1,000.00 per share and annual dividend of JPY 2,000.00 per share for the year ended March 31, 2013 against year-end dividend of JPY 1,000.00 per share and annual dividend of JPY 2,000.00 per share a year ago. Expected starting date of dividend payment is June 21, 2013. For the fiscal year ending March 31, 2014, the company expects second quarter dividend of JPY 15.00 per share, year-end dividend of JPY 15.00 per share and annual dividend of JPY 30.00 per share. For the six months ending September 30, 2013, the company expects to report net sales of JPY 18,000 million, operating income of JPY 1,000 million, ordinary income of JPY 800 million, and net income of JPY 400 million or JPY 30.96 per share. For the fiscal year ending March 31, 2014, the company expects to report net sales of JPY 42,000 million, operating income of JPY 3,600 million, ordinary income of JPY 3,300 million, and net income of JPY 1,900 million or JPY 147.06 per share.

KITO Corporation announced that they will report fiscal year 2013 results on May 13, 2013

KITO Corporation announced consolidated earnings results for the third quarter and nine months ended December 31, 2012. For the quarter, the company reported net sales of JPY 8,294 million against JPY 7,800 million for the same period a year ago. Operating income was JPY 343 million against JPY 443 million for the same period a year ago. Ordinary income was JPY 521 million against JPY 459 million for the same period a year ago. Net income was JPY 270 million against JPY 118 million for the same period a year ago. Net income per diluted share were INR 2,089.72 against JPY 918.70 for the same period a year ago. For the nine months period, the company reported net sales of JPY 24,300 million against JPY 22,805 million for the same period a year ago. Operating income was JPY 1,091 million against JPY 780 million for the same period a year ago. Ordinary income was JPY 1,142 million against JPY 626 million for the same period a year ago. Net income was JPY 546 million against JPY 132 million for the same period a year ago. Net income per diluted share were INR 4,222.95 against JPY 1,025.04 for the same period a year ago. The company provided consolidated earnings guidance for the fiscal year ending March 31, 2013. For the year, the company expects net sales of JPY 36,800 million, operating income of JPY 2,000 million, ordinary income of JPY 1,800 million, net income of JPY 800 million and net income per share of JPY 6,208.38. The company announced that it plans to pay year end dividend of JPY 1,000.00 per share with total dividend of JPY 2,000.00 per share for the fiscal year ending March 31, 2013. In 2012, the company has paid year end dividend of JPY 1,000.00 per share with total dividend of JPY 2,000.00 per share.