Statements of Income

	2021/12	2022/12
Net sales	57,539	63,445
Cost of sales	34,332	35,822
Gross profit	23,207	27,623
Selling, general and administrative expenses
Advertising expenses	538	474
Promotion expenses	492	195
Provision of allowance for doubtful accounts	8	0
Salaries and bonuses	4,277	4,464
Retirement benefit expenses	121	107
Share-based payment expenses	113	103
Technical research expenses	5,028	5,398
Other	5,217	5,841
Total selling, general and administrative expenses	15,798	16,584
Operating profit	7,408	11,038
Non-operating income
Interest income	26	41
Dividend income	48	86
Rental income	14	-
Foreign exchange gains	-	215
Subsidy income	110	121
Other	201	327
Total non-operating income	401	793
Non-operating expenses
Interest expenses	18	38
Foreign exchange losses	92	-
Loss on retirement of non-current assets	67	130
Other	100	165
Total non-operating expenses	278	334
Ordinary profit	7,531	11,496
Extraordinary losses
Impairment losses	112	-
Total extraordinary losses	112	-
Profit before income taxes	7,418	11,496
Income taxes - current	2,196	3,122
Income taxes - deferred	49	23
Total income taxes	2,245	3,146
Profit	5,173	8,350
Profit attributable to owners of parent	5,173	8,350