Showa Aircraft Industry Co., Ltd. reported consolidated and individual earnings results for the year ended March 31, 2015. For the period, on consolidated basis, the company reported net income of ¥979 million or ¥30.01 per share on sales of ¥24,065 million against net income of ¥1,068 million or ¥33.74 per share on sales of ¥23,122 million a year ago. Operating income was ¥1,956 million against ¥2,027 million a year ago. Recurring profit was ¥1,559 million against ¥1,667 million a year ago. Cash flows from operating activities were ¥2,787 million against ¥3,480 million for the same period in the last year.

For the period, on individual basis, the company reported net income of ¥922 million or ¥28.29 per share on sales of ¥17,010 million against net income of ¥626 million or ¥19.78 per share on sales of ¥15,950 million a year ago. Operating income was ¥1,828 million against ¥1,925 million a year ago. Recurring profit was ¥1,480 million against ¥1,571 million a year ago.

The company provided consolidated and individual earnings guidance for the half year and full year ending March 31, 2016. For the half year, on consolidated basis, the company expects net income to be ¥400 million or ¥12.26 per share on sales to of ¥10,500 million and operating income to be ¥800 million and recurring profit to be ¥650 million.

For the full year ending March 31, 2016, on consolidated basis, the company expects net income to be ¥1,000 million or ¥30.66 per share on sales to be ¥24,000 million and operating income to be ¥2,000 million and recurring profit to be ¥1,600 million.

For the half year, on individual basis, the company expects net income to be ¥400 million or ¥12.26 per share on sales to of ¥7,000 million and operating income to be ¥800 million and recurring profit to be ¥650 million.

For the full year ending March 31, 2016, on individual basis, the company expects net income to be ¥900 million or ¥27.59 per share on sales to be ¥16,000 million and operating income to be ¥1,800 million and recurring profit to be ¥1,500 million.

For the year-end, the company declares dividend of ¥4.00 per share compared to ¥4.00 per share a year ago. Full year dividend was ¥8.00 per share compared to ¥7.00 per share a year ago. The dividend is payable on June 25, 2015.

For the second quarter of fiscal 2016, the company expects to pay dividend of ¥4.00 per share compared to ¥4.00 per share a year ago.

For the year-ending March 2016, the company expects to pay dividend of ¥4.00 per share compared to ¥4.00 per share a year ago. The company expects to pay full year dividend of ¥8.00 per share compared to ¥8.00 per share a year ago.