OSG Corp. reported consolidated earnings results for the year ended November 30, 2014. For the year, the company reported net sales of JPY 101,031 million compared to JPY 88,378 million a year ago. Operating income was JPY 17,415 million compared to JPY 12,827 million a year ago. Ordinary income was JPY 17,568 million compared to JPY 13,910 million a year ago. Net income was JPY 9,989 million compared to JPY 8,619 million a year ago. Diluted net income per share was JPY 95.96 compared to JPY 82.80 a year ago. Return on equity was 11.7% compared to 11.9% a year ago. Cash flows from operating activities were JPY 19,688 million compared to JPY 16,171 million a year ago. Acquisitions of property, plant and equipment was JPY 7,327 million compared to JPY 5,876 million a year ago. Income before income taxes and minority interests was JPY 17,419 million against JPY 14,437 million a year ago. Acquisition of intangible assets was JPY 299 million against JPY 100 million a year ago.

The company declared 2014 annual dividend of JPY 34 per share compared to previous year dividend of JPY 30 per share.

The company provided dividend guidance for the second quarter and full year of 2015. For the quarter, the company expects dividend of JPY 16.00 per share. Dividend for the same period previous year was JPY 14.00 per share.

For the year, the company expects dividend of JPY 20.00 per share. Dividend for the same period previous year was JPY 20.00 per share.

The company provided consolidated earnings guidance for the semi annual and annual period ending November 30, 2015. For the semi-annual period, the company expects net sales of JPY 52,400 million, operating income of JPY 8,900 million, ordinary income of JPY 8,800 million, net income of JPY 5,100 million and net income per share of JPY 53.71.

For the annual period, the company expects net sales of JPY 109,000 million, operating income of JPY 19,500 million, ordinary income of JPY 19,200 million, net income of JPY 11,300 million and net income per share of JPY 119.00.