Hitachi Metals Techno, Ltd.【JP:E02755】

Market cap

P/E ratio

	Mar 31, 2013	Mar 31, 2014	Mar 31, 2015
Net sales	21,118	24,275	22,997
Cost of sales	16,118	18,096	16,605
Gross profit (loss)	5,000	6,179	6,392
Salaries	1,425	1,566	1,688
Provision for directors' bonuses	6	8	15
Retirement benefit expenses	-	126	103
Depreciation	260	125	77
Rent expenses	259	254	257
Provision of allowance for doubtful accounts	-	5	1
Other	1,444	1,831	1,873
Selling, general and administrative expenses	3,321	3,659	3,725
Operating income (loss)	1,680	2,520	2,666
Interest income	25	28	25
Foreign exchange gains	-	-	4
Rent income	4	4	4
Subsidy income	-	-	18
Miscellaneous income	10	6	35
Non-operating income	41	40	191
Interest expenses	4	4	4
Sales discounts	12	15	14
Foreign exchange losses	15	1	-
Loss on abandonment of non-current assets	3	5	1
Loss on reduction of non-current assets	-	-	10
Bill fluidizing commission	6	4	-
Commission fee	-	-	10
Compensation expenses	8	14	18
Provision of allowance for doubtful accounts	-	35	7
Miscellaneous expenses	5	6	7
Non-operating expenses	53	84	51
Ordinary income (loss)	1,667	2,476	2,806
Income (loss) before income taxes	1,667	2,476	2,806
Income taxes - current	610	1,055	918
Income taxes - deferred	85	-62	134
Income taxes	695	993	1,052
Income (loss) before minority interests	1,365	1,613	1,884
Net income (loss)	972	1,483	1,754