Statements of Income
Japanese

Statements of Income

(Millions of yen)

	Fiscal 2022	Fiscal 2023
Net sales	223,377	228,826
Cost of sales	160,210	170,399
Gross profit	63,167	58,427
Selling, general and administrative expenses	45,805	48,570
Operating profit	17,361	9,856
Non-operating income
Interest income	62	310
Dividend income	348	387
Rental income	99	97
Subsidy income	31	70
Dividend income of life insurance	41	42
Amortization of negative goodwill	2	2
Share of profit of entities accounted for using equity method	46	1,914
Foreign exchange gains	46	4
Emission credit income	512	107
Miscellaneous income	470	452
Total non-operating income	1,661	3,388
Non-operating expenses
Interest expenses	203	131
Loss on sale of trade receivables	8	10
Miscellaneous expenses	86	94
Total non-operating expenses	298	236
Ordinary profit	18,725	13,008
Extraordinary income
Gain on sale of non-current assets	12	500
Gain on sale of investment securities	1,190	1,455
Gain on change in equity	-	4,104
Other	-	201
Total extraordinary income	1,203	6,262
Extraordinary losses
Loss on sale of non-current assets	2	-
Loss on retirement of non-current assets	110	123
Impairment losses	1,232	84
Provision for loss on litigation	177	111
Extra payments for early retirements	－	228
Loss on disaster	133	140
Other	9	60
Total extraordinary losses	1,664	749
Profit before income taxes	18,264	18,522
Income taxes - current	6,079	3,920
Income taxes - deferred	(891)	88
Total income taxes	5,188	4,009
Profit	13,076	14,513
Profit attributable to non-controlling interests	5,203	4,187
Profit attributable to owners of parent	7,872	10,325