Harada Industry Co., Ltd. announced consolidated and non-consolidated earnings results for the fiscal year ended March 31, 2015. For the year, on consolidated basis, the company reported net sales of ¥39,778 million against ¥36,470 million a year ago. Operating income was ¥867 million against ¥1,337 million a year ago. Ordinary income was ¥981 million against ¥1,412 million a year ago. Net income was ¥346 million against ¥1,256 million a year ago. Net income per share was ¥15.94 compared to ¥57.76 a year ago. Cash out flow from operating activities was ¥219 million against cash inflow from operating activities of ¥470 million a year ago.

For the year, on non-consolidated basis, the company reported net sales of ¥16,462 million against ¥16,136 million a year ago. Operating income was ¥301 million against ¥1,008 million a year ago. Ordinary income was ¥575 million against ¥1,755 million a year ago. Net income was ¥1,095 million against ¥1,284 million a year ago. Net income per share was ¥50.37 compared to ¥59.03 a year ago.

For the half year of fiscal 2015, the company forecasts net sales of ¥20,500 million, operating income of ¥300 million, ordinary income of ¥250 million, profit attributable to owners of parent of ¥100 million, and net income per share of ¥4.60.

For the full year of fiscal 2015, the company forecasts net sales of ¥41,000 million, operating income of ¥900 million, ordinary income of ¥750 million, profit attributable to owners of parent of ¥350 million, and net income per share of ¥16.09.