Sugi Holdings Co. Ltd. announced consolidated earnings results for the year ended February 29, 2012. For the year, the company reported net income of JPY 11,426 million on net sales of JPY 327,267 million compared to net income of JPY 8,999 million on net sales of JPY 304,730 million for the previous year. Operating income was JPY 17,215 million against JPY 12,777 million of prior year. Net income before income taxes was JPY 19,396 million against JPY 13,853 million of prior year. The company provided earnings guidance for the full year ending February 28, 2013. For the year, the company expects net income of JPY 11,500 million on net sales of JPY 340,000 million and operating profit of JPY 18,000 million.