Integrated Report 2019

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LINTEC Corporation and its consolidated subsidiariesYears ended March 31, 2019 and 2018Consolidated Statement of Comprehensive Income Millions of yen Thousands ofU.S. dollars(Note 1)201920182019Net sales¥250,942 ¥249,030 $2,260,946 Cost of sales189,664 186,206 1,708,842 Gross profit61,278 62,823 552,104 Selling, general and administrative expenses (Notes 6, 7)43,300 42,727 390,132 Operating income17,977 20,095 161,971 Non-operating income:Interest income 272 220 2,456 Dividend income 257 272 2,323 Rent income17 16 157 Gain on sales of non-current assets6 61 62 Insurance income68 10 615 Foreign exchange gains293 — 2,645 Other income 348 266 3,140 Total non-operating income1,265 846 11,400 Non-operating expenses:Interest expenses 196 226 1,768 Loss on retirement of non-current assets883 730 7,957 Compensation expenses55 128 497 Foreign exchange losses―1,012 ―Other expenses114 454 1,032 Total non-operating expenses1,249 2,552 11,256 Ordinary income17,993 18,389 162,115 Extraordinary gain:Gain on sales of non-current assets (Note 8)345 — 3,111 Gain on sales of investment securities (Note 15)—343 — Total extraordinary gain345343 3,111Extraordinary loss:Impairment loss (Note 9)—1,041 —Provision for business structure improvement (Note 10)—1,024 — Total extraordinary losses—2,066 — Profit before income taxes18,33816,666 165,227Income taxes (Note 19):Current5,445 5,410 49,066 Deferred(29)107 (264) Total income taxes5,416 5,517 48,802 Profit12,921 11,149 116,424 Profit (loss) attributable to non-controlling interests(15)(108)(140)Profit attributable to owners of parent (Note 25) ¥ 12,937 ¥ 11,257 $  116,565 Millions of yen Thousands ofU.S. dollars(Note 1)201920182019Profit ¥12,921 ¥11,149 $116,424 Other comprehensive income (Note 11)Net unrealized holding gain on securities(366)(117)(3,301)Foreign currency translation adjustments(2,963)1,194 (26,703)Remeasurements of defined benefit plans (Note 17)(636)234 (5,738)Total other comprehensive income(3,967)1,311 (35,742)Comprehensive income ¥ 8,954 ¥12,460 $ 80,681 (Comprehensive income attributable to:) Owners of parent8,970 12,576 80,819 Non-controlling interests(15)(115)(137)The accompanying notes are an integral part of the consolidated financial statements.LINTEC Corporation and its consolidated subsidiariesYears ended March 31, 2019 and 201878LINTEC INTEGRATED REPORT 2019Financial InformationConsolidated Statement of Income