Hiraga Co., Ltd. reported consolidated financial results for the first quarter ended June 30, 2014. For the quarter, the company reported net sales of ¥2,074 million compared to ¥2,008 million, operating income of ¥17 million compared to ¥87 million, ordinary income of ¥27 million compared to ¥93 million and net income of ¥4 million or ¥1.30 per share compared to ¥158 million or ¥42.96 per share for the last year.

The company provided dividend guidance of ¥8.00 per share for the year ending March 2015.

The company provided earnings guidance for the six months and fiscal year 2015. For the fiscal year ending March 2015, the company expected net sales of ¥9,200 million, operating income of ¥300 million, ordinary income of ¥310 million and net income of ¥198 million or ¥53.75 per share.

For the six months, the company expected net sales of ¥4,322 million, operating income of ¥98 million, ordinary income of ¥104 million and net income of ¥66 million or ¥17.92 per share.