Statements of Income

	(Millions of Yen) 2018/2	(Millions of Yen) 2019/2
Net sales	94,342	110,175
Cost of sales	72,365	86,328
Gross profit	21,976	23,846
Selling, general and administrative expenses
Haulage expenses	2,558	3,107
Provision for product warranties	708	1,162
Provision of allowance for doubtful accounts	-123	-184
Provision for loss on guarantees	-64	-21
Directors' compensations	243	207
Salaries and allowances	1,650	1,697
Provision for bonuses	41	45
Retirement benefit expenses	25	40
Provision for management board incentive plan trust	15	10
Other, net	2,788	2,370
Total selling, general and administrative expenses	7,842	8,435
Operating income	14,133	15,411
Non-operating income
Interest income	38	66
Dividend income	2	2
Gain on valuation of derivatives	132	-
Insurance premiums refunded cancellation	11	28
Other	67	73
Total non-operating income	252	170
Non-operating expenses
Interest expenses	2	-
Loss on retirement of non-current assets	32	18
Foreign exchange losses	314	55
Loss on valuation of derivatives	-	10
Other	3	0
Total non-operating expenses	352	84
Ordinary income	14,033	15,496
Extraordinary income
Gain on transfer of business	-	198
Total extraordinary income	-	198
Profit before income taxes	14,033	15,694
Income taxes-current	4,059	4,289
Income taxes-deferred	426	14
Total income taxes	4,485	4,303
Profit	9,547	11,391
Profit attributable to owners of parent	9,547	11,391

_{(All figures in millions of yen)}

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