Consolidated Statements of Profit or Loss

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

Millions of yen, Yen


	'19/12	'20/12	'21/12	'22/12	'23/12
Revenue	274,599	218,998	318,188	393,687	351,939
Japan	109,424	84,675	115,517	134,660	108,740
The Americas	58,390	46,097	56,369	78,684	88,384
Europe	53,766	37,625	49,014	62,507	69,839
China	30,996	34,006	68,662	84,046	59,919
Asia and Other	22,021	16,594	28,624	33,789	25,055
Cost of Sales	207,130	172,567	238,434	288,398	270,308
Gross Profit	67,469	46,430	79,753	105,288	81,630
SG&A	49,437	44,833	50,988	58,991	58,958
Other Income	2,184	3,960	2,316	2,015	2,318
Other Expenses	2,042	14,217	1,171	14,421	1,322
Operating Income	18,277	8,499	30,268	34,460	23,707
Financial Income	1,010	764	2,145	3,335	2,446
Financial Costs	1,119	1,990	2,430	2,199	864
Profit before Tax	18,168	9,725	29,984	35,596	25,289
Profit Attributable to Owners of the Parent	11,690	9,992	23,007	21,198	18,398
Basic Earnings per Share (Yen)	92.37	78.95	181.97	172.67	150.08

Foreign-exchange Rate (Yen)
US$ Average Rate	109.04	106.79	109.79	131.43	140.52
Euro Average Rate	122.08	121.79	129.85	138.03	151.95