Sotsu Co.,Ltd. announced consolidated and non-consolidated earnings results for the fiscal year ended August 31, 2014. For the year, on consolidated basis, the company reported net sales of ¥22,298,748,000 against ¥20,774,610,000 a year ago. Operating income was ¥3,376,009,000 against ¥3,295,859,000 a year ago. Ordinary income was ¥3,327,471,000 against ¥3,287,717,000 a year ago. Income before income taxes and minority interests was ¥3,385,877,000 against ¥3,300,161,000 a year ago. Net income was ¥2,027,498,000 or ¥258.70 per share against ¥1,911,646,000 or ¥243.92 per share a year ago. Net cash provided by operating activities was ¥2,465,306,000 against ¥1,923,487,000 a year ago. Purchase of property, plant and equipment was ¥8,488,000 against ¥9,601,000 a year ago. Purchase of intangible assets was ¥13,917,000 against ¥16,672,000 a year ago.

For the year, on non-consolidated basis, the company reported net sales of ¥20,168 million against ¥18,749 million a year ago. Operating income was ¥2,823 million against ¥2,815 million a year ago. Ordinary income was ¥2,823 million against ¥2,851 million a year ago. Net income was ¥1,702 million or ¥217.18 per share against ¥1,713 million or ¥218.61 per share a year ago.

For the year ended August 31, 2014, the company announced cash dividends of ¥30.00 per share against ¥60.00 per share a year ago. Scheduled date to commence dividend payments is November 27, 2014.

The company provided dividend guidance for the second quarter and fiscal year ending August 31, 2015. For the quarter, the company announced cash dividends of ¥15.00 per share against ¥30.00 per share a year ago.

For the year, the company announced cash dividends of ¥20.00 per share against ¥30.00 per share a year ago.

The company provided consolidated and non-consolidated earnings guidance for the six months ending February 28, 2015 and fiscal year ending August 31, 2015. For the six months, on consolidated basis, the company expects net sales of ¥13,100 million, operating income of ¥1,850 million, ordinary income of ¥1,860 million and net income of ¥1,130 million or ¥72.09 per share.

For the year, on consolidated basis, the company expects net sales of ¥25,000 million, operating income of ¥3,750 million, ordinary income of ¥3,750 million and net income of ¥2,240 million or ¥142.91 per share.

For the six months, on non-consolidated basis, the company expects net sales of ¥12,100 million, ordinary income of ¥1,700 million, and net income of ¥1,030 million or ¥65.71 per share.

For the year, on non-consolidated basis, the company expects net sales of ¥22,800 million, ordinary income of ¥3,230 million and net income of ¥1,970 million or ¥125.68 per share.