Statements of Cash Flows

Consolidated

(thousands of yen)
2021/32022/3
Cash flows from operating activities
Profit before income taxes2,212,7972,213,597
Depreciation258,913312,908
Impairment losses9,173768,761
Amortization of goodwill21,11936,480
Increase (decrease) in allowance for doubtful accounts127,412136,702
Increase (decrease) in retirement benefit liability9,56613,503
Interest and dividend income-13,300-10,633
Interest expenses60,64857,921
Foreign exchange losses (gains)-8,304-11,990
Gain on sale of non-current assets-18-45,184
Loss on retirement of non-current assets3,9852,931
Loss on valuation of shares of subsidiaries89,515-
Decrease (increase) in trade receivables-282,852-271,157
Decrease (increase) in inventories1,657,186-186,336
Increase (decrease) in trade payables-28,125248,735
Increase (decrease) in accounts payable - other, and accrued expenses142,098-40,422
Increase (decrease) in advances received150,564-
Increase(decrease)in contract liability-8,657
Increase/decrease in consumption taxes payable/consumption taxes refund receivable115,859-68,032
Decrease (increase) in other current assets-13,219-32,042
Increase (decrease) in other current liabilities-17,54013,910
Other, net91,554-240,669
Subtotal4,587,0342,907,640
Interest and dividends received13,30010,633
Interest paid-61,198-58,144
Income taxes refund3,960234,229
Income taxes paid-1,422,936-1,190,650
Net cash provided by (used in) operating activities3,120,1601,903,707
Cash flows from investing activities
Purchase of property, plant and equipment-2,577,910-607,468
Proceeds from sale of property, plant and equipment1849,235
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 deposits16,94810,801
Proceeds from collection of short-term loans receivable200,000-
Long-term loan advances--25,000
Proceeds from collection of long-term loans receivable62,40062,400
Other, net-98,2835,505
Net cash provided by (used in) investing activities-2,482,984-926,346
Cash flows from financing activities
Proceeds from short-term borrowings1,500,000980,000
Repayments of short-term borrowings-1,712,000-970,000
Proceeds from long-term borrowings1,030,000700,000
Repayments of long-term borrowings-642,814-489,830
Proceeds from sale and leaseback transactions27,160-
Repayments of installment payables-98,752-176,605
Repayments of lease liabilities-82,035-98,177
Proceeds from disposal of treasury shares153-
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 equivalents19,23056,219
Net increase (decrease) in cash and cash equivalents201,337189,632
Cash and cash equivalents at beginning of period2,931,8103,133,148
Cash and cash equivalents at end of period3,133,1483,322,781