Daito Electron Co., Ltd. announced consolidated earnings results for the first quarter ended March 31, 2013. For the quarter, the company reported net sales of ¥8,433 million, operating loss of ¥9 million, ordinary income of ¥32 million and net income of ¥38 million or ¥3.50 per share compared to net sales of ¥10,094 million, operating income of ¥156 million, ordinary income of ¥196 million and net income of ¥116 million or ¥10.62 per share reported in the same period last year. Net income before taxes and adjustments was ¥32.5 million against ¥198.3 million reported last year.

For the fiscal year ending December 31, 2013, the company reported year end dividend forecast of ¥10.00 per share compared to ¥10.00 per share declared last year.

For the first six months of the fiscal year ending December 31, 2013, the company expected to report net sales of ¥17,100 million, operating income of ¥48,000 million, ordinary income of ¥40,000 million and net loss of ¥80,000 million or ¥7.20 per share.

For the fiscal year ending December 31, 2013, the company expected to report net sales of ¥37,000 million, operating income of ¥520,000 million, ordinary income of ¥500,000 million and net income of ¥270,000 million or ¥24.30 per share.