Showa Aircraft Industry Co., Ltd. announced consolidated and standalone earnings results for the year ended March 31, 2012. For the year on consolidated basis, the company reported sales of JPY 21,808 million against JPY 20,740 million a year ago. Operating income was JPY 1,486 million against JPY 1,079 million a year ago. Net income was JPY 489 million or JPY 15.50 per share against JPY 242 million or JPY 7.68 per share a year ago. Cash flows from operating activities were JPY 2,258 million against JPY 2,806 million a year ago. For the year on standalone basis, the company reported sales of JPY 14,799 million against JPY 13,775 million a year ago. Operating income was JPY 1,291 million against JPY 1,123 million a year ago. Net income was JPY 515 million or JPY 16.33 per share against JPY 250 million or JPY 7.93 per share a year ago. Cash flows from operating activities were JPY 2,258 million against JPY 2,806 million a year ago. For the year ended March 31, 2012, the company announced a year end dividend of JPY 3.00 per share, payable on June 27, 2012. The company expects to pay a dividend of JPY 3.00 per share for the second quarter and a year dividend of JPY 4.00 per share for the year ending March 31, 2013. For the half year of the year ending March 31, 2013 on consolidated basis, the company expects sales of JPY 10,000 million, operating income of JPY 600 million, net income of JPY 300 million or JPY 9.49 per share. For the full year ending March 31, 2013 on consolidated basis, the company expects sales of JPY 22,000 million, operating income of JPY 1,500 million, net income of JPY 600 million or JPY 18.99 per share. For the half year of the year ending March 31, 2013 on standalone basis, the company expects sales of JPY 6,600 million, operating income of JPY 480 million, net income of JPY 200 million or JPY 6.33 per share. For the full year ending March 31, 2013 on standalone basis, the company expects sales of JPY 14,900 million, operating income of JPY 1,200 million, net income of JPY 400 million or JPY 12.66 per share.