Invester Relations

Financial PerformanceConsolidated Income Statement

(million yen)
FY2017 FY2018 FY2019
Net sales 27,922 28,806 27,064
Cost of sales 18,406 19,487 18,330
Gross profit 9,516 9,319 8,734
Selling and general administrative expenses 7,187 7,369 7,456
Operating income 2,330 1,950 1,279
Non-operating income 372 387 382
Non-operating cost 102 135 93
Ordinary income 2,600 2,202 1,568
Net income (or loss) before income taxes 2,600 2,278 1,568
Corporate, inhabitant and enterprise taxes 558 607 519
Corporate tax adjustments 106 △31 21
Total corporate taxes 663 576 540
Income before adjustment of minority interest 1,936 1,702 1,028
Minority interest 313 264 251
Net income 1,623 1,438 776