Statements of Income

(Millions of yen)

	FY2022	FY2023
Net sales	372,579	356,733
Cost of sales	281,053	271,907
Gross profit	91,525	84,825
Selling, general and administrative expenses	77,148	78,030
Operating profit	14,377	6,794
Non-operating income
Interest income	41	43
Share of profit of entities accounted for using equity method	153	131
Sponsorship money income	100	83
Subsidy income	968	523
Other	525	363
Total non-operating income	1,788	1,145
Non-operating expenses
Interest expenses	393	439
Commitment fee	60	64
Other	344	283
Total non-operating expenses	798	787
Ordinary profit	15,366	7,152
Extraordinary profit
Gain on sales of non-current assets	33	2
Gain on sales of investment securities	1,267	0
Gain on sale of shares of subsidiaries and associates	17	112,040
Gain on change in equity	213	17
Total extraordinary profit	1,530	112,060
Extraordinary loss
Loss on sales and retirement of non-current assets	131	299
Impairment loss	－	10,811
Loss on valuation of investment securities	－	685
Costs related on sales of subsidiaries and associates	－	1,164
Total extraordinary loss	131	12,961
Profit before income taxes	16,766	106,251
Income taxes-current	7,508	4,926
Income taxes-deferred	(1,450)	1,886
Income taxes	6,058	6,813
Profit	10,707	99,438
Profit attributable to non-controlling interests	4,608	3,547
Profit attributable to owners of parent	6,099	95,891