Consolidated Statement of Income

(Unit: millions of yen)

	2020/3	2021/3
Net sales	74,966	68,213
Cost of sales	61,850	56,426
Gross profit	13,115	11,787
Selling, general and administrative expenses	10,054	9,188
Operating profit	3,061	2,599
Non-operating income
Interest income	3	3
Dividend income	3	0
Share of profit of entities accounted for using equity method	34	7
Subsidy income	53	399
Rental income from buildings	35	40
Other	30	35
Total non-operating income	160	487
Non-operating expenses
Interest expenses	14	11
Rental expenses	22	26
Loss on cancellation of rental contracts	-	27
Other	34	71
Total non-operating expenses	71	136
Ordinary profit	3,149	2,949
Extraordinary income
Gain on sale of investment securities	121	-
Total extraordinary income	121	-
Extraordinary losses
Loss on sale of investment securities	3	-
Loss on valuation of investment securities	-	296
Retirement benefits for directors (and other officers)	-	50
Loss on sale of non-current assets	-	18
Loss on retirement of non-current assets	-	32
Impairment losses	152	51
Total extraordinary losses	155	449
Profit before income taxes	3,115	2,500
Income taxes - current	1,144	943
Income taxes - deferred	(61)	(35)
Total income taxes	1,082	907
Profit	2,033	1,592
Profit attributable to non-controlling interests	-	-
Profit attributable to owners of parent	2,033	1,592