Consolidated Statements of Income

*The THK Group decided to adopt IFRS beginning with the 2019 fiscal year.

Millions of yen, Yen

	'18/12	'19/12 (IFRS)	'20/12 (IFRS)	'21/12 (IFRS)	'22/12 (IFRS)
Net Sales	353,479	274,599	218,998	318,188	393,687
Japan	147,949	109,424	84,675	115,517	134,660
The Americas	70,548	58,390	46,097	56,369	78,684
Europe	56,980	53,766	37,625	49,014	62,507
China	49,228	30,996	34,006	68,662	84,046
Asia and Other	28,772	22,021	16,594	28,624	33,789
Cost of Sales	251,181	207,130	172,567	238,434	288,398
Gross Profit	102,298	67,469	46,430	79,753	105,288
SG&A	52,465	49,437	44,833	50,988	58,991
Other Income	-	2,184	3,960	2,316	2,015
Other Expenses	-	2,042	14,217	1,171	14,421
Operating Income	49,832	18,277	△ 8,499	30,268	34,460
Financial Income	-	1,010	764	2,145	3,335
Financial Costs	-	1,119	1,990	2,430	2,199
Profit before Tax	51,529	18,168	△ 9,725	29,984	35,596
Profit for the Year Attributable to Owners of the Parent	35,400	11,690	△ 9,992	23,007	21,198

Basic Earnings per Share (Yen)	279.70	92.37	△ 78.95	181.97	172.67

Foreign-exchange Rate (Yen)
US$ Average Rate	110.42	109.04	106.79	109.79	131.43
Euro Average Rate	130.36	122.08	121.79	129.85	138.03