Zaoh Co. Ltd. reported consolidated earnings results for the nine months ended December 31, 2011. For the nine months, sales were JPY 4,400 million compared to JPY 3,869 million a year ago. Operating income was JPY 613 million compared to JPY 411 million a year ago. Recurring income was JPY 645 million compared to JPY 433 million a year ago. Net income was JPY 337 million or JPY 57.88 per share compared to JPY 248 million or JPY 42.57 per share a year ago. The company forecasted year end dividend of JPY 16 per share, totaling JPY 31 per share and unchanged from previous year. The company also forecasted full year ended March 31, 2012 sales of JPY 5,540 million, operating income of JPY 701 million, recurring income of JPY 721 million and net income of JPY 380 million or JPY 65.08 per share.