Consolidated Statements of Income
(Unit: ¥ million)
| FY2004 | FY2005 | FY2006 | FY2007 | FY2008 | |
|---|---|---|---|---|---|
| Net sales | 254,192 | 316,388 | 458,701 | 475,826 | 346,885 |
| Cost of sales | 202,447 | 253,389 | 383,136 | 399,901 | 329,340 |
| Gross profit | 51,744 | 62,998 | 75,564 | 75,924 | 17,545 |
| Selling, general and administrative expenses | 24,102 | 26,101 | 26,830 | 31,605 | 26,042 |
| Operating income | 27,642 | 36,897 | 48,733 | 44,319 | (8,497) |
| Other income | 2,358 | 2,367 | 5,271 | 5,811 | 4,034 |
| Interest and dividend income | 604 | 860 | 1,219 | 1,400 | 1,461 |
| Equity in earnings of affiliates | 756 | - | 3,000 | 2,059 | - |
| Other | 997 | 1,507 | 1,501 | 2,351 | 2,573 |
| Other expenses | 3,897 | 6,088 | 4,737 | 5,241 | 8,887 |
| Interest expenses | 1,391 | 1,291 | 1,654 | 2,167 | 2,520 |
| Equity in losses of affiliates | - | 1,853 | - | - | 1,836 |
| Foreign exchange loss | 303 | 869 | - | - | 1,766 |
| Other | 2,202 | 2,073 | 3,082 | 3,074 | 2,764 |
| Ordinary income | 26,102 | 33,177 | 49,717 | 44,888 | (13,350) |
| Extraordinary income | 5,248 | 1,053 | 4,136 | 2,827 | 383 |
| Residual gain on invested assets | - | 757 | - | - | - |
| Gain on sale of property, plant and equipment | 671 | 55 | 3,258 | 523 | 24 |
| Compensation for transfer of property | - | - | - | - | - |
| Gain on reversal of provision for loss on guarantees | - | - | - | - | - |
| Gain on reversal of allowance for doubtful accounts | 395 | 51 | - | - | - |
| Gain on sale of investment securities | 2,401 | - | - | 1,714 | 20 |
| Gain from the transfer of investments | 1,359 | - | - | - | - |
| Other | 420 | 189 | 878 | 589 | 339 |
| Extraordinary expenses | 8,851 | 5,875 | 7,836 | 6,587 | 17,642 |
| Loss due to reorganization | - | - | - | - | 4,166 |
| Loss due to impairment of property, plant and equipment | - | 1,881 | 69 | 266 | 2,290 |
| Loss on disposal of inventories | 290 | 1,332 | 62 | 405 | - |
| Loss on sale of property, plant and equipment | - | - | 2,851 | 8 | - |
| Loss on removal of property, plant and equipment | 3,671 | 1,052 | 862 | 497 | 880 |
| Provision for reserve for environmental measures | - | 319 | - | 1,101 | - |
| Expenses of Head Office relocation | - | 235 | - | - | - |
| Loss due to suspension of operations | 1,365 | - | - | - | - |
| Amortization of initial transition obligation | 1,017 | - | - | - | - |
| Appraisal loss on investment securities | - | - | 28 | 618 | 9,295 |
| Loss on sale of investment securities | - | - | 579 | 409 | 409 |
| Write-down of inventories | - | - | - | 522 | - |
| Other | 2,506 | 1,054 | 2,939 | 3,276 | 1,009 |
| Income before income taxes and minority interests | 22,499 | 28,355 | 46,017 | 41,129 | (30,608) |
| Income, inhabitants’ and enterprise taxes | 10,146 | 13,522 | 19,286 | 19,147 | 2,422 |
| Income taxes deferred | 1,520 | (194) | (485) | (3,700) | (5,062) |
| Minority interests income | 223 | 495 | 878 | 1,162 | 168 |
| Net income | 10,609 | 14,532 | 26,337 | 24,520 | 28,138 |
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