SAPPORO HOLDINGS LTD.
SAPPORO
  • Japanese
  • Inquiries
  • Site Map

Home > Investor Relations > Financial Highlights > Consolidated Statements of Income

Financial Statements

Consolidated Statements of Income

(millions of yen)
Fiscal year 2016 2015 2014 2013 2012
Net Sales 541,847 533,748 518,740 509,834 492,490
Cost of sales 352,420 352,808 336,388 329,605 313,117
Gross profit 189,426 180,940 182,352 180,229 179,373
Selling, general and administrative expenses
Sales incentives and commissions 38,750 35,841 33,546 33,067 32,838
Advertising and promotion expenses 20,420 21,982 22,691 21,211 20,221
Salaries 32,039 31,954 32,187 31,406 31,147
Provision for accrued bonuses 1,726 1,218 1,451 1,088 1,225
Retirement benefit expenses 784 2,690 2,968 3,350 3,499
Other 75,438 73,303 74,777 74,760 76,027
Operating Income 20,267 13,950 14,728 15,344 14,414
Non-operating income
Interest income 231 252 229 245 263
Dividend income 1,111 1,123 831 797 734
Equity in income of an affiliate 15 17 225 99 180
Foreign exchange gains - - 576 849 535
Gain on gift voucher redemptions - - - - 570
Gain on valuation of derivatives - 468 - - -
Other 958 1,059 948 1,226 980
Non-operating expenses
Interest expense 2,142 2,279 2,399 2,704 3,448
Foreign exchange losses 217 537 - - -
Loss on valuation of derivatives 252 - - - -
Other 769 842 573 728 541
Ordinary Income 19,202 13,211 14,565 15,130 13,689
Extraordinary gains
Gain on sales of property, plant and equipment 45 7,453 3,528 61 83
Gain on sales of investment securities 13 46 230 3,491 21
Gain on sale of consolidated subsidiary - 72 966 - -
Subsidy income - 322 - - -
Extraordinary losses
Loss on disposal of property, plant and equipment 1,413 1,534 2,142 1,158 2,087
Loss on sales of property, plant and equipment 26 24 108 220 11
Loss on impairment of property, plant and equipment 1,018 5,956 893 425 188
Loss on devaluation of investment securities 22 1,758 11 59 582
Loss on sales of investment securities - - 0 3 64
Business structure improvement expenses - - - 253 346
Compensation expenses 376 142 1,753 - -
Additional liquor tax paid and other - - 11,685 - -
Profit before income taxes 16,403 11,690 2,694 16,562 10,512
Current income taxes 6,185 7,409 1,624 7,677 5,668
Deferred income taxes 838 (1,830) 975 (534) (317)
Profit 9,380 6,112 94 9,419 5,161
Profit (loss) attributable to non-controlling interests (89) 3 (245) (32) (232)
Profit attributable to owners of the parent 9,469 6,108 340 9,451 5,393