Statements of Income

（Millions of Yen）

Please scroll horizontally to look at table below.

	2021/3	2022/3	2023/3	2024/3	2025/3
Net sales	38,668	41,852	52,892	62,126	67,288
Cost of sales	25,255	27,849	34,935	40,132	43,300
Gross profit	13,412	14,003	17,957	21,994	23,987
Selling, general and administrative expenses	10,839	12,034	13,590	15,408	16,460
Operating profit	2,572	1,968	4,366	6,585	7,526
Non-operating income	316	419	346	383	410
Interest income	17	53	21	46	56
Dividends income	81	95	128	158	206
Subsidy income	25	4	67	51	50
Foreign exchange gains	120	184	44	56	-
Other	71	82	83	71	96
Non-operating expenses	48	66	48	49	144
Interest expense	26	40	34	25	24
Loss on investments in investment partnerships	7	-	-	-	-
Foreign exchange losses	-	-	-	-	104
Commission expenses	8	8	8	8	9
Other	5	16	4	14	5
Ordinary Profit	2,840	2,322	4,664	6,919	7,793
Extraordinary income	17	399	20	6	364
Extraordinary losses	17	10	14	9	31
Profit before income taxes	2,840	2,711	4,670	6,916	8,126
Income taxes-current	896	946	1,381	1,942	2,014
Income taxes-deferred	-17	-145	-46	-4	108
Profit	1,961	1,910	3,336	4,978	6,003
Profit attributable to non-controlling interests	-	4	5	9	-
Profit attributable to owners of parent	1,961	1,905	3,330	4,969	6,003

*1 The Financial Statements have been compiled based on the items disclosed in the Summary of Financial Results for each report period, and the items presented have been based on the most recent Summary of Financial Results. Therefore, the items presented in the form of a bar (“-“) may be included under the category "Other."
*2 Accounting Standard for Revenue Recognition (ASBJ Statement No. 29, March 31, 2020) was applied from the beginning of the fiscal year ended March 31, 2022