Kayaba Industry Co. Ltd. announced consolidated earnings results for the first half ended September 30, 2012. For the first half, the company reported net sales of JPY 154,347 million against JPY 164,727 million a year ago. Operating income was JPY 7,055 million against JPY 12,486 million a year ago. Net income was JPY 3,929 million against JPY 7,147 million a year ago. Net income per share was JPY 17.78 against JPY 32.33 a year ago. Net cash provided by operating activities was JPY 9,025 million against JPY 3,677 million a year ago. Purchase of property, plant and equipment was JPY 14,272 million against JPY 8,823 million a year ago. Income before minority interests was JPY 4,117 million against JPY 7,429 million a year ago.

The company also declared cash dividend of JPY 4.00 per share for the second quarter ended September 30, 2012.

The company also provided dividend guidance for the fiscal year 2013. For the year, the company expects to pay dividend of JPY 4.00 per share and total of JPY 8.00 per share.

The company also provided earnings guidance for the fiscal year 2013. For the year, the company expects net sales to be JPY 298,500 million, operating income to be JPY 10,500 million and net income to be JPY 5,500 million or JPY 24.88 per share.