VT Holdings Co. Ltd. reported consolidated earnings results for the six months ended September 30, 2014. For the period, the company reported net income was ¥2.08 billion, or ¥17.65 per basic share, compared to ¥2.16 billion, or ¥19.92 per basic share, for the same period ended September 30, 2013. Net sales were ¥62.67 billion, compared to ¥60.46 billion for the same period ended September 30, 2013. Operating income for the six months ended September 30, 2014 was ¥2.84 billion, compared to ¥4.05 billion for the same period ended September 30, 2013. Ordinary income was ¥2,888 million against ¥3,945 million a year ago. Income before income taxes and minority interests was ¥3,343 million against ¥3,819 million a year ago. Net cash used in operating activities was ¥6,273 million against ¥4,146 million a year ago. Purchase of property, plant and equipment was ¥3,386 million against ¥1,387 million a year ago.

For the full year ending March 31, 2015, the consolidated company expects net sales to be ¥141 billion, operating income of ¥8,000 million, ordinary income of ¥7,900 million and net income to be ¥4.8 billion, or ¥40.80 per share.

The company announced dividend of ¥7.00 per share for the second quarter ended September 30, 2014 against ¥16.00 per share for the same period last year. The company will pay dividend on November 26, 2014.

The company expected to pay year end dividend of ¥7.00 per share for the fiscal year ending December 31, 2015 compared to ¥21.00 per share for the same period last year.