Toyo Tire & Rubber Co. Ltd. reported consolidated earnings results for the year ended March 31, 2012. For the period, the company reported net sales of JPY 320,569 million, operating income of JPY 12,893 million, ordinary income of JPY 10,754 million, income before income taxes was JPY 10,136 million and net income of JPY 6,704 million against net sales of JPY 294,092 million, operating income of JPY 12,182 million, ordinary income of JPY 9,193 million, income before income taxes was JPY 4,187 million and net income of JPY 521 million a year ago. Net cash provided by operating activities was JPY 13,601 million against JPY 23,976 million a year ago. Additions to property, plant and equipment was JPY 24,443 million against JPY 26,078 million a year ago. For the fiscal year ending December 31, 2012, the company expects net sales of JPY 304,000 million, operating income of JPY 15,200 million, ordinary income of JPY 12,500 million and net income of JPY 7,900 million.