TETSUJIN Inc. reported consolidated and non-consolidated earnings results for the year ended August 31, 2012. For the year, on consolidated basis, the company reported net sales of JPY 9,358 million compared to JPY 8,363 million a year ago. Operating income was JPY 532 million compared to JPY 447 million a year ago. Ordinary income was JPY 447 million compared to JPY 470 million a year ago. Net income was JPY 174 million or JPY 5,516.63 per share compared to JPY 110 million or JPY 3,533.27 per share a year ago. Return on equity was 9.7% compared to 6.1% a year ago. Cash flows from operating activities were JPY 944 million compared to JPY 924 million a year ago.

For the year, on non-consolidated basis, the company reported net sales of JPY 8,280 million compared to JPY 7,246 million a year ago. Operating income was JPY 418 million compared to JPY 257 million a year ago. Ordinary income was JPY 349 million compared to JPY 356 million a year ago. Net income was JPY 143 million or JPY 4,538.11 per share compared to JPY 133 million or JPY 4,286.46 per share a year ago.

For the year, the company declared dividend of JPY 1,750.00 per share compared to JPY 1,250.00 per share a year ago. The company announced annual dividend of JPY 3,000.00 per share compared to JPY 2,000.00 per share a year ago. The dividend will be payable on November 28, 2012.

For the second quarter of year ending August 31, 2013, the company expects to pay dividend of 1,500.00 per share compared to JPY 1,250.00 per share a year ago.

For the year ending August 31, 2013, the company expects to pay dividend of JPY 1,500.00 per share compared to JPY 1,750.00 per share a year ago. The company expects to pay annual dividend of JPY 3,000.00 per share compared to JPY 3,000.00 per share a year ago.

For the six months ending February 2013, on consolidated basis, the company expects net sales of JPY 5,114 million, operating income of JPY 224 million, ordinary income of JPY 160 million and net income of JPY 36 million or JPY 1,190.67 per share.

For the year ending August 31, 2013, on consolidated basis, the company expects net sales of JPY 10,504 million, operating income of JPY 575 million, ordinary income of JPY 458 million and net income of JPY 176 million or JPY 5,712.97 per share.

For the six months ending February 2013, on non-consolidated basis, the company expects net sales of JPY 4,587 million, operating income of JPY 138 million and net income of JPY 37 million or JPY 1,198.87 per share.

For the year ending August 31, 2013, on non-consolidated basis, the company expects net sales of JPY 9,421 million, operating income of JPY 391 million and net income of JPY 163 million or JPY 5,298.54 per share.