Statements of Cash Flows
Consolidated
(thousands of yen)
| 2021/3 | 2022/3 | |
| Cash flows from operating activities | ||
| Profit before income taxes | 2,212,797 | 2,213,597 |
| Depreciation | 258,913 | 312,908 |
| Impairment losses | 9,173 | 768,761 |
| Amortization of goodwill | 21,119 | 36,480 |
| Increase (decrease) in allowance for doubtful accounts | 127,412 | 136,702 |
| Increase (decrease) in retirement benefit liability | 9,566 | 13,503 |
| Interest and dividend income | -13,300 | -10,633 |
| Interest expenses | 60,648 | 57,921 |
| Foreign exchange losses (gains) | -8,304 | -11,990 |
| Gain on sale of non-current assets | -18 | -45,184 |
| Loss on retirement of non-current assets | 3,985 | 2,931 |
| Loss on valuation of shares of subsidiaries | 89,515 | - |
| Decrease (increase) in trade receivables | -282,852 | -271,157 |
| Decrease (increase) in inventories | 1,657,186 | -186,336 |
| Increase (decrease) in trade payables | -28,125 | 248,735 |
| Increase (decrease) in accounts payable - other, and accrued expenses | 142,098 | -40,422 |
| Increase (decrease) in advances received | 150,564 | - |
| Increase(decrease)in contract liability | - | 8,657 |
| Increase/decrease in consumption taxes payable/consumption taxes refund receivable | 115,859 | -68,032 |
| Decrease (increase) in other current assets | -13,219 | -32,042 |
| Increase (decrease) in other current liabilities | -17,540 | 13,910 |
| Other, net | 91,554 | -240,669 |
| Subtotal | 4,587,034 | 2,907,640 |
| Interest and dividends received | 13,300 | 10,633 |
| Interest paid | -61,198 | -58,144 |
| Income taxes refund | 3,960 | 234,229 |
| Income taxes paid | -1,422,936 | -1,190,650 |
| Net cash provided by (used in) operating activities | 3,120,160 | 1,903,707 |
| Cash flows from investing activities | ||
| Purchase of property, plant and equipment | -2,577,910 | -607,468 |
| Proceeds from sale of property, plant and equipment | 18 | 49,235 |
| Purchase of intangible assets | -1,957 | -1,721 |
| Purchase of investment securities | -16,461 | -299,449 |
| Purchase of shares of subsidiaries resulting in change in scope of consolidation | - | -44,544 |
| Payments of leasehold and guarantee deposits | -67,738 | -76,105 |
| Proceeds from refund of leasehold and guarantee deposits | 16,948 | 10,801 |
| Proceeds from collection of short-term loans receivable | 200,000 | - |
| Long-term loan advances | - | -25,000 |
| Proceeds from collection of long-term loans receivable | 62,400 | 62,400 |
| Other, net | -98,283 | 5,505 |
| Net cash provided by (used in) investing activities | -2,482,984 | -926,346 |
| Cash flows from financing activities | ||
| Proceeds from short-term borrowings | 1,500,000 | 980,000 |
| Repayments of short-term borrowings | -1,712,000 | -970,000 |
| Proceeds from long-term borrowings | 1,030,000 | 700,000 |
| Repayments of long-term borrowings | -642,814 | -489,830 |
| Proceeds from sale and leaseback transactions | 27,160 | - |
| Repayments of installment payables | -98,752 | -176,605 |
| Repayments of lease liabilities | -82,035 | -98,177 |
| Proceeds from disposal of treasury shares | 153 | - |
| Purchase of treasury shares | -7,611 | -3,731 |
| Dividends paid | -469,167 | -785,603 |
| Net cash provided by (used in) financing activities | -455,068 | -843,948 |
| Effect of exchange rate change on cash and cash equivalents | 19,230 | 56,219 |
| Net increase (decrease) in cash and cash equivalents | 201,337 | 189,632 |
| Cash and cash equivalents at beginning of period | 2,931,810 | 3,133,148 |
| Cash and cash equivalents at end of period | 3,133,148 | 3,322,781 |
