Consolidated Financial Results

(millions of yen)

12/3

13/3

14/3

15/3

10/3

16/3

Net Sales

341,678

301,660

297,763

321,761

338,389

352,258

Cost of Sales

227,923

195,622

181,479

189,358

190,706

199,251

% of Net Sales

66.7

64.8

60.9

58.9

56.4

56.6

SG&A Expenses

101,713

96,973

96,231

105,827

110,920

110,838

% of Net Sales

29.8

32.1

32.3

32.9

32.8

31.5

Operating Income

12,042

9,065

20,053

26,576

36,763

42,169

% of Net Sales

3.5

3.0

6.7

8.3

10.9

12.0

Income before Income Taxes and Minority Interests

10,333

715

18,942

22,957

34,220

40,664

% of Net Sales

3.0

0.2

6.4

7.1

10.1

11.5

Net Income

5,682

2,556

11,876

15,989

26,400

31,194

% of Net Sales

1.7

0.8

4.0

5.0

7.8

8.9