Kobelco Eco-Solutions announced earnings results for the fourth quarter and full year ended March 31, 2013. For the year, the company reported net sales were ¥72,656 million against ¥71,196 million a year ago. Consolidated orders in fiscal 2012 declined 6.7% in comparison to the previous year to 73.5 billion. Ordinary income went down ¥0.3 billion from ¥4.23 billion in comparison to previous year to ¥3.9 billion due to a change in the types of projects undertaken.

For the quarter, the company reported sales was ¥25.4 billion against ¥22.5 billion a year ago. Ordinary income was ¥3.1 billion against ¥0.8 billion a year ago.

Domestic public works projects are anticipated to continue being weak, although there are signs of an upswing in some areas. As a result, sales in fiscal 2013 are anticipated to be lower than in fiscal 2012. The company expected sales of ¥66 billion and ordinary income of ¥2 billion for the fiscal year ending March 31, 2014.

The company expected sales of ¥30 billion and ordinary income of ¥0.7 billion for the first half of fiscal year ending March 31, 2014.

The company expected sales of ¥36 billion and ordinary income of ¥1.3 billion for the second half of fiscal year ending March 31, 2014.