EXCEL DOWNROAD (for 10 years)

（Unit: million of yen）

	Fiscal year 2023	Fiscal year 2024
Net Sales	239,774	194,457
Cost of sales	212,390	170,353
Gross Profit	27,384	24,103
Selling,general and administrative expenses
Salaries expenses	6,349	6,273
Director compensation	177	177
Transportation and packing expenses	2,599	2,378
Statutory benefits	994	1,038
Travel expenses	476	652
Depreciation expenses	558	615
Provision for bonuses	350	356
Retirement benefit expenses	188	213
Provision of allowance for doubtful accounts	259	91
Bad debt expenses	-	315
Other	3,377	3,561
Total selling,general and administrative expenses	15,331	15,674
Operating Income	12,052	8,429
Non-operating income
Interest income	50	93
Dividend income	14	16
House rent income	84	87
Gain on sale of property, plant and equipment	0	3
Other	40	47
Total non-operating income	190	249
Non-operating expenses
Interest expenses	73	59
House rent expenses	26	26
Foreign exchange losses	993	986
Other	19	11
Total non-operating expenses	1,112	1,082
Ordinary Income	11,130	7,595
Extraordinary losses
Impairment loss	43	80
Total extraordinary losses	43	80
Income before income taxes	11,086	7,515
Income taxes-current	3,231	1,892
Income taxes-deferred	158	254
Total income taxes	3,390	2,147
Net Income	7,696	5,367
Net Income attributable to owners of parent	7,696	5,367