HIRANO TECSEED Co., Ltd. reported consolidated and non-consolidated earnings results for the year ended March 31, 2015. For the period, the consolidated company's net sales were ¥14,514 million against ¥28,504 million a year ago. Operating income was ¥553 million against ¥3,568 million a year ago. Net income was ¥445 million against ¥2,117 million a year ago. Net income per share was ¥29.58 against ¥140.73 a year ago. Net cash used in operating activities was ¥2,356 million against net cash provided by operating activities or ¥3,716 million a year ago. Return on equity 2.2% against 11.2% a year ago.

For the period, the non-consolidated company's net sales were ¥12,339 million against ¥17,882 million a year ago. Operating income was ¥363 million against ¥1,158 million a year ago. Net income was ¥453 million against ¥863 million a year ago. Net income per share was ¥30.16 against ¥57.37 a year ago. Net cash used in operating activities was ¥2,356 million against net cash provided by operating activities or ¥3,716 million a year ago.

For the first half 2016, the company expects net sales to be ¥7,000 million, operating income to be ¥260 million and net income to be ¥230 million or ¥15.29 million.

For the year ending March 31, 2016, the company expects net sales to be ¥14,514 million, operating income to be ¥1,130 million and net income to be ¥820 million or ¥54.50 million.

For the year ended March 31, 2015, the company plans to pay dividend of ¥5.00 per share against ¥17.00 per share in 2014. The dividend payments will start from June 29, 2015.

For the second quarter 2016, the company plans to pay dividend of ¥8.00 per share against ¥5.00 per share in 2014.

For the year ending March 31, 2016, the company plans to pay dividend of ¥6.00 per share against ¥5.00 per share in 2015.