Statements of Income

	2022/12	2023/12
Net sales	63,445	71,426
Cost of sales	35,822	39,768
Gross profit	27,623	31,657
Selling, general and administrative expenses
Advertising expenses	474	614
Promotion expenses	195	247
Provision of allowance for doubtful accounts	0	22
Salaries and bonuses	4,464	4,636
Retirement benefit expenses	107	133
Share-based payment expenses	103	58
Technical research expenses	5,398	6,169
Other	5,841	6,166
Total selling, general and administrative expenses	16,584	18,049
Operating profit	11,038	13,607
Non-operating income
Interest income	41	76
Dividend income	86	103
Rental income	15	15
Foreign exchange gains	215	-
Subsidy income	121	114
Reversal of Provision for share awards	-	147
Other	311	270
Total non-operating income	793	728
Non-operating expenses
Interest expenses	38	66
Foreign exchange losses	-	40
Loss on retirement of non-current assets	130	80
Expenses related to special investigation	-	74
Other	165	100
Total non-operating expenses	334	363
Ordinary profit	11,496	13,972
Profit before income taxes	11,496	13,972
Income taxes - current	3,122	3,098
Income taxes - deferred	23	61
Total income taxes	3,146	3,160
Profit	8,350	10,812
Profit attributable to owners of parent	8,350	10,812