Consolidated income statement

(million yen)

  FY2016 FY2017 FY2018
Net sales 26,674 27,992 28,806
Cost of sales 17,439 18,406 19,487
Gross profit 9,235 9,516 9,319
Selling and general administrative expenses 6,861 7,187 7,369
Operating income 2,374 2,330 1,950
Non-operating income 452 372 387
Non-operating cost 169 102 135
Ordinary income 2,658 2,600 2,202
Net income (or loss) before income taxes 2,658 2,600 2,278
Corporate, inhabitant and enterprise taxes 653 558 607
Corporate tax adjustments 90 106 △31
Total corporate taxes 743 663 576
Income before adjustment of minority interest 1,915 1,936 1,702
Minority interest 314 313 264
Net income 1,600 1,623 1,438