Tokyo Radiator Mfg. Co., Ltd. reported consolidated and non-consolidated earnings results for the year ended March 31, 2015. For the year, on consolidated basis, the company reported net sales of JPY 30,775 million against JPY 28,028 million a year ago. Operating income was JPY 1,873 million against JPY 1,631 million a year ago. Ordinary income was JPY 2,103 million against JPY 1,905 million a year ago. Net income was JPY 1,345 million or JPY 93.50 per share against JPY 1,181 million or JPY 82.15 per share a year ago. Cash flows from operating activities were JPY 2,107 million against JPY 1,235 million a year ago.

For the year, on non-consolidated basis, the company reported net sales of JPY 26,044 million against JPY 24,166 million a year ago. Operating income was JPY 809 million against JPY 956 million a year ago. Ordinary income was JPY 946 million against JPY 1,064 million a year ago. Net income was JPY 652 million or JPY 45.32 per share against JPY 715 million or JPY 49.74 per share a year ago.

For the half year ending September 2015, the company expects net sales of JPY 15,000 million, operating income of JPY 800 million, ordinary income of JPY 800 million, profit attributable to owners of the parent of JPY 500 million or JPY 34.75 per share.

For the full year ending March 2016, the company expects net sales of JPY 31,000 million, operating income of JPY 1,900 million, ordinary income of JPY 1,900 million, profit attributable to owners of the parent of JPY 1,200 million or JPY 83.40 per share.

For the year 2015, the company declared year end dividend of JPY 3.75 per share against JPY 3.75 per share a year ago, payable on June 29, 2015.

For the second quarter of 2016, the company expects dividend of JPY 4.00 per share against JPY 3.75 per share a year ago.

For the year 2016, the company expects year end dividend of JPY 4.00 per share against JPY 3.75 per share a year ago.