NPC Incorporated announced consolidated earnings results for the first quarter ended November 30, 2014. For the quarter, the company reported net sales of ¥4,220,789,000 against ¥3,362,246,000 a year ago. Operating income was ¥394,680,000 against ¥44,272,000 a year ago. Ordinary income was ¥369,857,000 against ¥129,104,000 a year ago. Income before income taxes and minority interests was ¥369,857,000 against loss before income taxes and minority interests of ¥354,202,000 a year ago. Net income was ¥353,459,000 or ¥16.03 per share against net loss of ¥354,905,000 or ¥16.09 per share a year ago.

The company revised consolidated and non-consolidated earnings guidance for the first half ending February 28, 2015 and provided earnings guidance for the fiscal year ending August 31, 2015. For the first half, on consolidated basis, the company expects sales of ¥6,265 million, operating income of ¥324 million, ordinary income of ¥259 million and net income of ¥381 million or ¥17.32 per share against previous guidance of sales of ¥7,895 million, operating income of ¥166 million, ordinary income of ¥106 million and net income of ¥92 million or ¥4.18 per share

For the full year, on consolidated basis, the company expects sales of ¥11,357 million, operating income of ¥255 million, ordinary income of ¥141 million and net income of ¥124 million or ¥5.66 per share.

For the first half, on non-consolidated basis, the company expects sales of ¥6,229 million, operating income of ¥293 million, ordinary income of ¥234 million and net income of ¥356 million or ¥16.18 per share against previous guidance of sales of ¥7,885 million, operating income of ¥163 million, ordinary income of ¥103 million and net income of ¥89 million or ¥4.05 per share.

For the full year, on non-consolidated basis, the company expects sales of ¥11,338 million, operating income of ¥249 million, ordinary income of ¥135 million and net income of ¥118 million or ¥5.38 per share.