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

31-Dec-2022

31-Dec-2023

31-Dec-2022

31-Dec-2023

12,271,264

14,503,266 [Current liabilities]

10,276,870

11,427,757

425,228712,054 Import bills payable

61,77355,267

Notes receivable trade

1,361,955

1,373,998 Accounts payable trade

1,413,403

1,493,332

Accounts receivable trade

5,779,827

6,058,654 Short-term loans payable

7,800,000

8,850,000

Inventories

4,025,266

4,821,276 Accrued expenses

104,140

151,783

1,192,918 Income taxes payable

125,018

269,020[Current assets]
Cash and cash equivalents

Goods in transit

405,914

Advance payments

310,215

349,706 Consumption taxes payable

182,314275,184

Prepaid expenses

18,41739,868 Advance received

83,632

9,427

Other current assets

26,43826,788 Allowance for bonuses

149,975

195,166

Allowance for doubtful
accounts-82,000-72,000 Forward exchange contracts

349,661

119,729

6,951

8,846

559,017584,241

Others[Non-current assets]

2,199,554

2,183,417 [Non-current liabilities](Total tangible fixed assets)

51,35448,542 Long-term account payable

69,80464,512

Buildings and accompanying
facilities

23,384

22,106 Allowance for retirement446,267

473,378

Machinery and equipment

21,966

15,694

Allowance for retirement
benefits for director

40,14543,551

2,800

2,800

10,835,888

12,011,998

VehiclesTools, appliances andfixtures(Total intangible fixedassets)
Softwaresoftware in progress(Total investments andother assets)

06,201 Other non-current liabilities

6,003

4,541 Total liabilities

20,08084,71320,08015,206 [Shareholders’ equity]

02,128,118

EQUITY

69,506 (Capital)
2,050,161 (Retained earnings)

3,971,173

4,827,806

500,225500,225

3,470,948

4,327,581

Investment securities

534,804

567,769 Retained earnings reserves

59,44264,361

Stocks of affiliatedcompanies

950,353

950,353 Other retained earnings

3,411,506

4,263,219

Investments

85,5333,411,506

4,263,219

Investments to affiliatedcompanies

19,048-336,243-153,121

Deferred tax asset

470,314-93,648-70,053-242,595-83,067

3,634,930

4,674,685

14,470,818

16,686,684

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

199,258-199,258
68,063
14,470,818

Retained earnings brought
forward[Valuation and conversion
19,048adjustments]
Valuation difference on
359,355
available-for-sale securities
Deferred gains or losses on
157,040
hedges85,533-157,040
68,100 Total equity
16,686,684 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)
2022

2023

Revenue29,519,410

33,625,133

Cost of goods sold25,726,722

29,385,335

Gross profit on sales

3,792,688

4,239,798

Selling and general administrative expenses

2,750,974

2,919,903

Operating profit

1,041,713

1,319,895

70,86552,855

44

34

Dividends received

30,99429,906

Foreign exchange profit

19,216

8,333

Gain on bad debts recovered

2,727

0

Other non-operating profit

17,882

14,581

Total non-operating expenses

38,122

43,345Interest paid

16,86918,609Foreign exchange expenses

8,021

11,000Commission paid

11,881

12,555

Other non-operating expenses

1,349

1,179

Current profit

1,074,456

1,329,405

Net profit before tax

1,074,456

1,329,405

Corporate tax, resident tax and business taxes

274,586

391,581

Income taxes deferred-71,000

32,000Net profit

870,869

905,824

Total non-operating profit
Interest received(Note) The figures are indicated by rounding off the amount less than 1,000 yen.