Shin-Nihon Tatemono Co., Ltd. announced consolidated earnings results for the year ended March 31, 2014. For the year, the company reported net sales of JPY 10,754 million against JPY 10,891 million a year ago. Operating income was JPY 662 million against JPY 525 million a year ago. Ordinary income was JPY 437 million against JPY 417 million a year ago. Net income was JPY 432 million against JPY 417 million a year ago. Diluted income per share was JPY 3.89 against JPY 3.53 a year ago. Return on equity was 21.9% against 26.9% a year ago. Net cash from operating activities was JPY 954 million against net cash used in operating activities of JPY 1,631 million a year ago. Income before tax was JPY 437,918,000 against JPY 422,073,000 a year ago. Purchase of property, plant and equipment was JPY 840,000 against JPY 29,013,000 a year ago.

The company provided earnings guidance for the fiscal year ending March 31, 2015. For the year, the company expects net sales of JPY 12,300 million; operating income of JPY 670 million; ordinary income of JPY 405 million; net income of JPY 400 million and net income per share of JPY 4.02.