Computer Engineering & Consulting Ltd. announced consolidated and non consolidated earnings results for the year ended January 31, 2012. For the period, on consolidated basis, the company reported net sales of JPY 40,513 million against JPY 40,887 million a year ago. Operating income was JPY 841 million against JPY 1,210 million a year ago. Ordinary income was INR 734 million against JPY 1,317 million a year ago. Net loss was JPY 1,300 million against net income of JPY 361 million a year ago. Net loss per share was JPY 74.59 against income of JPY 20.74 a year ago. Negative return on equity was 6.7% against return on equity of 1.8% a year ago. Cash flows from operating activities were JPY 2,135 million against JPY 2,209 million a year ago. Income before income taxes was JPY 1,211,286,000 against JPY 396,643,000 a year ago. Purchase of property, plant and equipment was JPY 782,087,000 against JPY 1,441,353,000 a year ago. Negative return on equity was 6.7% against return on equity of 1.8% a year ago. For the period, on non consolidated basis, the company reported net sales of JPY 31,246 million against JPY 32,302 million a year ago. Operating income was JPY 539 million against JPY 1,109 million a year ago. Ordinary income was INR 393 million against JPY 1,105 million a year ago. Net loss was JPY 1,349 million against net income of JPY 433 million a year ago. Net loss per share was JPY 77.43 against net income per share of JPY 24.86 year ago. The company also provided earnings guidance for the first half of 2012 and year ending January 31, 2013. For the first half of 2012, the company expects net sales to be JPY 20,000 million. Operating income expects to be JPY 400 million. Ordinary income expects to be JPY 300 million. Net income expects to be JPY 200 million. Net income per share expects to be JPY 11.47. For the full year ending January 31, 2013, the company expects net sales to be JPY 41,000 million. Operating income expects to be JPY 1,200 million. Ordinary income expects to be JPY 1,000 million. Net income expects to be JPY 700 million. Net income per share expects to be JPY 40.16. The company also provided dividend guidance for the half year and full year of fiscal 2013. For the half year of fiscal 2013, the company expects to pay JPY 10.00 per share. For the full year 2013, the company expects to pay JPY 20.00 per share, including year-end dividend of JPY 10.00 per share.