R-Tech Ueno, Ltd.【JP:E15678】

Market cap

P/E ratio

	Mar 31, 2013	Mar 31, 2014	Mar 31, 2015
Net sales of finished goods	4,407	5,519	6,582
Royalty income	146	100	100
Net sales	4,553	5,619	6,682
Beginning finished goods	175	-	72
Cost of products manufactured	1,528	2,099	2,291
Total	1,703	2,099	2,363
Ending finished goods	-	72	76
Cost of sales	1,703	2,027	2,286
Gross profit (loss)	2,849	3,592	4,396
Directors' compensations	64	68	66
Salaries and allowances	183	193	188
Commission fee	206	223	236
Depreciation	22	15	13
Research and development expenses	1,280	1,373	1,830
Other	311	300	331
Selling, general and administrative expenses	2,065	2,173	2,664
Operating income (loss)	785	1,419	1,731
Interest income	5	3	3
Foreign exchange gains	93	53	143
Other	2	3	10
Non-operating income	106	58	156
Other	0	-	2
Non-operating expenses	0	-	2
Ordinary income (loss)	890	1,477	1,885
Loss on retirement of non-current assets	5	0	0
Extraordinary losses	5	0	0
Income (loss) before income taxes	885	1,477	1,885
Income taxes - current	354	400	610
Income taxes - deferred	-31	14	-103
Income taxes	324	415	507
Net income (loss)	562	1,062	1,378