Integrated Report 2020

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LINTEC Corporation and its consolidated subsidiariesYears ended March 31, 2020 and 2019 Millions of yen Thousands ofU.S. dollars(Note 1)202020192020Net sales¥240,727 ¥250,942 $2,211,957 Cost of sales182,287 189,664 1,674,973 Gross profit58,440 61,278 536,984 Selling, general and administrative expenses (Notes 5, 6)42,999 43,300 395,109 Operating income15,440 17,977 141,874 Non-operating income:Interest income 300 272 2,759 Dividend income 52 257 481 Rent income19 17 176 Gain on sales of non-current assets14 6 128 Insurance income22 68 206 Foreign exchange gains―293 ―Other income 292 348 2,689 Total non-operating income701 1,265 6,443 Non-operating expenses:Interest expenses 178 196 1,637 Loss on retirement of non-current assets937 883 8,617 Compensation expenses144 55 1,325 Foreign exchange losses200 ―1,845 Other expenses195 114 1,794 Total non-operating expenses1,656 1,249 15,221 Ordinary income14,484 17,993 133,097 Extraordinary gain:Gain on sales of non-current assets (Note 7)—345 — Total extraordinary gain—345—Extraordinary loss:Impairment loss (Note 8)545 —5,013 Total extraordinary loss545 —5,013 Profit before income taxes13,939 18,338128,083 Income taxes (Note 17):Current4,528 5,445 41,611 Deferred(162)(29)(1,492) Total income taxes4,366 5,416 40,118 Profit9,573 12,921 87,964 Profit (loss) attributable to non-controlling interests(47)(15)(438)Profit attributable to owners of parent (Note 23) ¥  9,620 ¥ 12,937 $   88,402 Consolidated Statement of Comprehensive Income Millions of yen Thousands ofU.S. dollars(Note 1)202020192020Profit ¥ 9,573 ¥12,921 $ 87,964 Other comprehensive income (Note 9)Net unrealized holding gain on securities(327)(366)(3,006)Foreign currency translation adjustments(986)(2,963)(9,066)Remeasurements of defined benefit plans (Note 15)(609)(636)(5,604)Total other comprehensive income(1,923)(3,967)(17,678)Comprehensive income ¥ 7,649 ¥ 8,954 $ 70,286 (Comprehensive income attributable to:) Owners of parent7,699 8,970 70,751 Non-controlling interests(50)(15)(464)The accompanying notes are an integral part of the consolidated financial statements.LINTEC Corporation and its consolidated subsidiariesYears ended March 31, 2020 and 2019LINTEC Integrated Report 2020Financial Information74Consolidated Statement of Income