Shindengen Electric Manufacturing Co. Ltd. announced consolidated earnings results for the six months ended September 30, 2014. For the period, the company reported net sales of ¥50,438 million against ¥50,574 million for the same period last year. Operating income was ¥4,732 million against ¥5,970 million for the same period last year. Ordinary income was ¥4,546 million against ¥6,330 million for the same period last year. Net income was ¥2,989 million or ¥29.01 per basic share against ¥5,337 million or ¥51.80 per share for the same period last year. Income before income taxes was ¥4,546 million against ¥6,763 million for the same period last year. Income before minority interests was ¥2,989 million against ¥5,337 million for the same period last year.

The company provided earnings guidance for the year ending March 31, 2015. For the year, the company expects net sales of ¥104,000 million, operating income of ¥9,800 million, ordinary income of ¥9,200 million and net income of ¥6,500 million or ¥63.08 per share.