Financial Statement of VOX TRADING CO., LTD.
Balance Sheet(Unit : 000 yen)
ASSETSLIABILITIES

31-Dec-2019[Current assets]

31-Dec-2020

31-Dec-2019

31-Dec-2020

8,713,003

9,124,592 [Current liabilities]

7,746,257

8,042,089

526,598

275,514 Import bills payable

163,566

77,571

Notes receivable trade

1,037,379

1,046,013 Accounts payable trade

1,200,740

1,193,055

Accounts receivable trade

4,400,998

4,822,617 Short-term loans payable

5,750,000

6,100,000

Inventories

2,316,659

2,609,049

00

Cash and cash equivalents

Current portion of long-termloans payable

Goods in transit

343,595

342,552 Accrued expenses

84,04870,426

Advance payments

70,65876,621 Income taxes payable

190,000

200,000

Prepaid expenses

22,117

22,117 Consumption taxes payable

183,583

167,540

Deferred tax asset

042,40626,318055,904

122,725

93,0009,187

58,2720 Advance received
0 Forward exchange contracts

Forward exchange contracts

15,375

Other current assets

18,112

12,197 Allowance for bonuses

Allowance for doubtfulaccounts-38,493-78,000 Others[Non-current assets]

2,069,678

2,077,459 [Non-current liabilities]

473,747

473,402(Total tangible fixed assets)

23,05819,537 Long-term loans payable

00

Buildings and accompanying
facilities

5,067

4,245 Long-term account payable

80,49966,816

Machinery and equipment

9,699

10,020 Deferred tax liability

00

Tools, appliances andfixtures

8,291

5,271 Allowance for retirement361,301

371,607

Allowance for retirement
benefits for director

30,14533,479

1,800

1,500

8,220,004

8,515,491

2,539,398

2,720,639

500,225500,225

2,039,173

2,220,414(Total intangible fixedassets)

10,001

9,511 Other non-current liabilities

Software10,001

9,511 Total liabilities

Other intangible fixed assets

0

EQUITY0[Shareholders’ equity](Total investments andother assets)

2,036,618

Investment securities

686,455

677,372 (Retained earnings)

Stocks of affiliatedcompanies

950,353

950,353 Retained earnings reserves

44,14749,479Investments

85,53385,533 Other retained earnings

1,995,026

2,170,934

1,995,026

2,170,934

23,278-34,078

12,611

4,708

10,667-38,786

2,562,677

2,686,560

10,782,681

11,202,052

2,048,410 (Capital)

Investments to affiliatedcompanies

31,004

26,398Deferred tax asset

214,892

240,633

641,827

621,531-641,827-621,531

Long-term accountreceivable
Allowance for doubtful
accounts
Other non-current assets
Total assets

68,37910,782,681

Retained earnings brought
forward[Valuation and conversion
adjustments]
Valuation difference on
available-for-sale securities
Deferred gains or losses onhedges

68,119 Total equity
11,202,052 Total liabilities and equity(Note) The figures are indicated by rounding off the amount less than 1,000 yen.

Financial Statement of VOX TRADING CO., LTD.
Income Statement(Unit : 000 yen)
2019

2020

Revenue

25,801,513

25,760,453

Cost of goods sold

22,719,052

22,600,509

Gross profit on sales

3,082,460

3,159,944

Selling and general administrative expenses

2,061,546

2,095,255

Operating profit

1,020,913

1,064,688

65,816

34,063

Interest received

10163

Dividends received

20,966

21,281

Recall insurance

19,3870

Other non-operating profit

25,36012,718

Total non-operating expenses

41,26145,066

Interest paid19,473

14,884Foreign exchange expenses

5,611

3,703

Commission paid

13,056

12,171

0

10,631

3,120

3,675

1,045,469

1,053,685

Net profit before tax

928,234

1,053,685

Corporate tax, resident tax and business taxes

310,503

321,127

Income taxes deferred-20,000-2,000Net profit

637,730

734,558

Total non-operating profit

Foreign exchange loss
Other non-operating expenses
Current profit(Note) The figures are indicated by rounding off the amount less than 1,000 yen.