Itochu Enex Co. Ltd. reported consolidated earnings results for the nine months ended December 31, 2011. For the period, the company reported net sales of JPY 1,003,189 million against JPY 840,674 million for the same period last year, increased 19.3% year on year as sharply higher crude oil prices led to higher product prices. Operating income was JPY 5,253 million against JPY 3,853 million for the same period last year. Ordinary income was JPY 5,588 million against JPY 4,439 million for the same period last year. Operating income rose due to moves into new business fields such as electricity and steam supply. Income before income taxes and minority interests was JPY 4,880 million against JPY 3,242 million for the same period last year. Net income was JPY 1,824 million or JPY 16.02 per share against JPY 1,380 million for the same period last year. Net cash used in operating activities was JPY 1,709 million against net cash provided by operating activities of JPY 9,528 million for the same period last year. Purchases of property, plant and equipment were JPY 3,907 million against JPY 2,686 million for the same period last year. Purchases of intangible assets were JPY 1,381 million against JPY 979 million for the same period last year.