Innotech Corporation announced consolidated and non-consolidated earnings results for the year ended March 31, 2014. For the year, on consolidated basis, the company's net sales were ¥23,585 million compared with ¥20,548 million a year ago. Operating income was ¥1,095 million compared with ¥761 million a year ago. Ordinary income was ¥1,241 million compared with ¥918 million a year ago. Net income was ¥527 million or ¥29.47 per diluted share compared with ¥522 million or ¥29.34 per diluted share a year ago. ROE was 2.3% compared with 2.4% a year ago. ROA was 4.5% compared with 3.4% a year ago. Cash flow from operating activities was ¥902 million compared with ¥2,686 million a year ago. Income before income taxes and minority interests was ¥1,015.6 million compared with ¥892.5 million a year ago. Purchase of property, plant and equipment was ¥97.3 million compared with ¥51.8 million a year ago. Purchase of intangible assets was ¥78.2 million compared with ¥43.5 million a year ago.

For the year, on non-consolidated basis, the company's net sales were ¥17,570 million compared with ¥14,578 million a year ago. Operating income was ¥665 million compared with ¥270 million a year ago. Ordinary income was ¥840 million compared with ¥456 million a year ago. Net income was ¥300 million or ¥16.75 per diluted share compared with ¥296 million or ¥16.64 per diluted share a year ago.

For the year ending March 31, 2015, the company forecasts net sales of ¥26,000 million, operating income of ¥1,150 million, ordinary income of ¥1,250 million, net income of ¥700 million or ¥39.85 per share.