Financial PerformanceConsolidated Income Statement
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 |