Consolidated Statement of Income and
Consolidated Statement of Comprehensive Income

Consolidated Statement of Income and Consolidated Statement of Comprehensive Income

Nippon Shinyaku adheres to the policy of formulating consolidated financial statements on the basis of Japanese standards for the time being to facilitate comparison between chronological periods and between companies. We intend to consider the application of the International Financial Reporting Standards (IFRS) as it may become more appropriate in view of both domestic and international situations.

Consolidated Statement of Income(Year Ended March 31, 2021)

(Millions of yen)

NET SALES 121,885
Cost of sales 49,954
Gross profit 71,931
Selling, general, and administrative expenses 45,796
Operating profit 26,134
Non-operating income
Interest income and Dividend income 531
Total non-operating income 795 1,326
Non-operating expenses
Interest expenses 2
Total non-operating expenses 698 701
Ordinary profit 26,760
Extraordinary income
Gain on sale of non-current assets 62
Total extraordinary income 1,936 1,998
Profit before income taxes 28,759
Income taxes - current 8,821
Income taxes - deferred (783) 8,038
Profit 20,721
Profit attributable to non-controlling interests 18
Profit attributable to owners of parent 20,702

Consolidated Statement of Comprehensive Income(Year Ended March 31, 2020)

Profit 20,721
Other comprehensive income
Valuation difference on available-forsale securities 1,982
Deferred gains or losses on hedges 4
Foreign currency translation adjustment (92)
Remeasurements of defined benefit plans, net of tax 367
Total other comprehensive income 2,261
Comprehensive income 22,982
(Comprehensive income attributable to)
Comprehensive income attributable to owners of parent 22,963
Comprehensive income attributable to noncontrolling interests 18

*All amounts are rounded down to the nearest million yen.