(millions of Yen)

FY2014 FY2015 FY2016 FY2017 FY2018 FY2019
Net Sales 37,799 38,332 37,034 38,926 38,968 42,645
Cost of sales 20,697 19,407 19,823 19,566 19,052 20,088
Gross Profit 17,102 18,924 17,211 19,360 19,915 22,556
Selling, general and administrative expenses 7,450 7,855 8,429 7,649 7,823 8,454
Operating Income 9,652 11,069 8,781 11,711 12,092 14,102
Non-operating income 6,308 8,078 7,488 8,183 8,450 10,413
Non-operating expenses 2,393 3,392 1,058 1,601 2,234 5,646
Ordinary Income 13,568 15,755 15,211 18,293 18,307 18,869
Extraordinary income 147 - - - - 1,559
Extraordinary loss - 181 - - - 181
Net income (loss) before income taxes 13,715 15,573 15,211 18,293 18,307 20,247
Income taxes-current 4,347 4,624 3,681 5,345 5,006 5,033
Income taxes-deferred ∆65 93 ∆94 ∆69 ∆393 ∆92
Total Income taxes 4,281 4,718 3,587 5,275 4,613 4,941
Income before minority interests 9,434 10,855 11,624 13,017 13,694 15,306
Net Income 9,434 10,855 11,624 13,017 13,694 15,306