Consolidated Statement of Cash Flows
(unit: millions of yen)
2024/3 | 2025/3 | |
Cash flows from operating activities | ||
Profit before income taxes | 3,056 | 3,240 |
Depreciation | 306 | 278 |
Amortization of goodwill | 102 | 140 |
Increase (decrease) in allowance for doubtful accounts | (8) | 11 |
Increase (decrease) in provision for bonuses | 71 | 72 |
Decrease (increase) in retirement benefit asset | (18) | (26) |
Increase (decrease) in retirement benefit liability | 23 | 124 |
Increase (decrease) in provision for shareholder benefit program | 17 | 18 |
Investment securities valuation loss | - | 322 |
Interest and dividend income | (3) | (5) |
Interest expenses | 11 | 9 |
Share of loss (profit) of entities accounted for using equity method | 98 | 57 |
Decrease (increase) in trade receivables | (75) | 15 |
Decrease (increase) in leasehold and guarantee deposits | (26) | 10 |
Increase (decrease) in accrued expenses | 436 | (379) |
Increase (decrease) in accrued consumption taxes | (261) | (160) |
Other, net | 351 | (593) |
Subtotal | 4,081 | 3,136 |
Interest and dividends received | 3 | 21 |
Interest paid | (11) | (10) |
Income taxes refund | 22 | 30 |
Income taxes paid | (865) | (1,497) |
Net cash provided by (used in) operating activities | 3,230 | 1,681 |
Cash flows from investing activities | ||
Purchase of securities | (300) | (1,468) |
Purchase of property, plant and equipment | (650) | (453) |
Purchase of intangible assets | (66) | (33) |
Purchase of shares of subsidiaries resulting in change in scope of consolidation | (247) | - |
Other, net | (24) | (121) |
Net cash provided by (used in) investing activities | (1,289) | (2,076) |
Cash flows from financing activities | ||
Repayments of long-term borrowings | (490) | (534) |
Purchase of treasury shares | (1,062) | (0) |
Proceeds from disposal of treasury shares | - | 166 |
Dividends paid | (544) | (671) |
Dividends paid to non-controlling interests | - | (18) |
Other, net | (2) | (1) |
Net cash provided by (used in) financing activities | (2,100) | (1,060) |
Effect of exchange rate change on cash and cash equivalents | - | - |
Net increase (decrease) in cash and cash equivalents | (159) | (1,454) |
Cash and cash equivalents at beginning of period | 9,800 | 9,641 |
Cash and cash equivalents at end of period | 9,641 | 8,186 |