Statements of Income

	(Millions of Yen) 2017/2	(Millions of Yen) 2018/2
Net sales	83,000	94,342
Cost of sales	62,276	72,365
Gross profit	20,724	21,976
Selling, general and administrative expenses
Haulage expenses	2,178	2,558
Provision for product warranties	686	708
Provision of allowance for doubtful accounts	0	-123
Provision for loss on guarantees	-	-64
Directors' compensations	246	243
Salaries and allowances	1,564	1,650
Provision for bonuses	38	41
Retirement benefit expenses	47	25
Provision for directors' retirement benefits	3	-
Provision for management board incentive plan trust	17	15
Other, net	2,570	2,788
Total selling, general and administrative expenses	7,320	7,842
Operating income	13,404	14,133
Non-operating income
Interest income	30	38
Dividend income	31	2
Gain on valuation of derivatives	-	132
Other, net	76	78
Total non-operating income	138	252
Non-operating expenses
Interest expenses	5	2
Loss on retirement of non-current assets	25	32
Foreign exchange losses	1,657	314
Other, net	132	3
Total non-operating expenses	1,820	352
Ordinary income	11,722	14,033
Extraordinary income
Gain on sales of investment securities	5	-
Total extraordinary income	5	-
Profit before income taxes	11,727	14,033
Income taxes-current	4,042	4,059
Income taxes-deferred	-72	426
Total income taxes	3,969	4,485
Profit	7,757	9,547
Profit attributable to owners of parent	7,757	9,547

_{(All figures in millions of yen)}

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