Tokai Electronics, Co., Ltd. reported consolidated and non-consolidated earnings results for the year ended March 31, 2012. For the year, on consolidated basis, the company reported net sales of $37,239 million compared to $36,487 million a year ago. Ordinary income was $764 million compared to $894 million a year ago. Net income was $430 million or $40.15 per share compared to $463 million or $43.32 per share a year ago. Cash flow from operating activities of $139 million compared to $875 million a year ago. For the year, on non-consolidated basis, the company reported net sales of $28,447 million compared to $28,027 million a year ago. Ordinary income was $518 million compared to $701 million a year ago. Net income was $249 million or $23.32 per share compared to $298 million or $27.94 per share a year ago. The company provided consolidated earnings guidance for the full year ending March 2013. For the year, the company expects net sales of $40,000 million, ordinary income of $1,020 million and net income of $600 million or $55.99 per share. Cash flow from operating activities were $370 million a year ago.