P/L of Financial Results : Second Quarter

(1) Quarterly consolidated statement of income

				(Thousands of yen)
			Six months ended	Six months ended
			November 30, 2021	November 30, 2022
	Net sales		4,986,546	5,650,251
	Cost of sales	2,967,637	3,435,135
	Gross profit		2,021,908	2,215,116
	Selling, general and administrative expenses		1,267,029	1,424,804
	Operating income		754,879	790,312
	Non-operating income
	Interest income		2,989	6,282
	Dividend income	1,683	2,035
	Foreign exchange gains		－	51,175
	Real estate rent	62,635	65,312
	Share of profit of entities accounted for using equity method		19,634	28,975
	Other	29,147	14,110
	Total non-operating income		116,091	167,892
	Non-operating expenses
	Interest expenses		2,434	3,375
	Rent expenses on real estates	34,883	39,089
	Other		9,210	569
	Total non-operating expenses		46,528	43,034
	Ordinary income		824,441	915,170
	Extraordinary income
	Gain on sales of non-current assets		－	146
	Total extraordinary income		－	146
	Extraordinary losses
	Loss on retirement of non-current assets		－	4,885
	Impairment loss		21,420	－
	Total extraordinary losses		21,420	4,885
	Income before income taxes and minority interests		803,021	910,431
	Income taxes - current		282,682	303,866
	Income taxes - deferred		△89,515	△21,983
	Total income taxes		193,167	281,882
	Profit		609,854	628,548
	Profit attributable to non-controlling interests		4,021	4,054
	Profit attributable to owners of parent		605,833	624,494

(2) Quarterly consolidated statement of comprehensive income

				(Thousands of yen)
			Six months ended	Six months ended
			November 30, 2021	November 30, 2022
	Profit		609,854	628,548
	Other comprehensive income
	Valuation difference on available-for-sale securities		12,734	△3,557
	Deferred gains or losses on hedges		△2,291	△7,186
	Foreign currency translation adjustment		38,672	389,287
	Remeasurements of defined benefit plans, net of tax	3,555	1,731
	Total other comprehensive income		52,670	380,275
	Comprehensive income		662,525	1,008,824
	Comprehensive income attributable to
	Comprehensive income attributable to owners of parent	656,561	999,744
	Comprehensive income attributable to non-controlling		5,963	9,079
	interests