Misawa Homes Co., Ltd. announced consolidated earnings results for the year ended March 31, 2012. For the year, on consolidated basis, the company reported net sales of JPY 378,574 million against JPY 341,387 million a year ago. Operating income was JPY 11,976 million against JPY 8,723 million a year ago. Income before income taxes and minority interest was JPY 11,146 million against JPY 3,877 million a year ago. Net income was JPY 6,919 million or JPY 180.95 per share against JPY 3,133 million or JPY 84.60 per share a year ago. Net cash provided by operating activities were JPY 19,273 million against JPY 8,598 million a year ago. Purchases of fixed assets were JPY 5,029 million against JPY 3,006 million a year ago. The company provided earnings guidance for the full year ending March 31, 2013. For the full year, the company expects net sales of JPY 393,000 million, operating income of JPY 12,000 million, income before income taxes of JPY 11,000 million and net income of JPY 7,500 million.