| Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 |
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Net sales | 5,666 | 5,331 | 5,830 | 6,881 | 7,653 |
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Cost of sales | 4,077 | 3,562 | 3,782 | 4,476 | 5,013 |
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Gross profit (loss) | 1,588 | 1,770 | 2,049 | 2,405 | 2,640 |
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Selling, general and administrative expenses | 1,410 | 1,515 | 1,499 | 1,633 | 1,866 |
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Operating profit (loss) | 178 | 254 | 549 | 772 | 775 |
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Interest income | - | 0 | 0 | 0 | 3 |
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Gain on investments in investment partnerships | - | - | - | - | 1 |
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Subsidy income | 4 | - | 0 | 6 | 6 |
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Settlement income | - | - | - | - | 36 |
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Other | 3 | 1 | 0 | 2 | 1 |
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Non-operating income | 14 | 1 | 1 | 8 | 46 |
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Interest expenses | 9 | 9 | 9 | 8 | 6 |
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Foreign exchange losses | - | 3 | 30 | 30 | 7 |
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Loss on investments in investment partnerships | - | - | - | 2 | - |
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Other | 0 | - | 0 | 9 | 0 |
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Non-operating expenses | 10 | 12 | 57 | 49 | 14 |
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Ordinary profit (loss) | 182 | 243 | 493 | 731 | 807 |
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Loss on retirement of non-current assets | 21 | - | 1 | - | 1 |
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Extraordinary losses | 31 | - | 1 | - | 1 |
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Profit (loss) before income taxes | 151 | 243 | 492 | 731 | 806 |
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Profit (loss) before income taxes | 151 | 243 | 492 | 731 | 806 |
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Income taxes - current | 57 | 94 | 192 | 241 | 270 |
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Income taxes - current | 57 | 94 | 192 | 241 | 270 |
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Income taxes - deferred | 7 | 9 | -15 | 25 | -4 |
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Income taxes - deferred | 7 | 9 | -15 | 25 | -4 |
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Income taxes | 64 | 104 | 177 | 266 | 266 |
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Income taxes | 64 | 104 | 177 | 266 | 266 |
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Profit (loss) | 87 | 139 | 315 | 465 | 540 |
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Profit (loss) | 87 | 139 | 315 | 465 | 540 |
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Profit (loss) attributable to non-controlling interests | 1 | -0 | -2 | -2 | 0 |
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Profit (loss) attributable to owners of parent | 86 | 140 | 317 | 467 | 540 |
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