Consolidated Statement of Cash Flows

(unit: millions of yen)
2024/32025/3
Cash flows from operating activities
Profit before income taxes3,0563,240
Depreciation306278
Amortization of goodwill102140
Increase (decrease) in allowance for doubtful accounts(8)11
Increase (decrease) in provision for bonuses7172
Decrease (increase) in retirement benefit asset(18)(26)
Increase (decrease) in retirement benefit liability23124
Increase (decrease) in provision for shareholder benefit program1718
Investment securities valuation loss-322
Interest and dividend income(3)(5)
Interest expenses119
Share of loss (profit) of entities accounted for using equity method9857
Decrease (increase) in trade receivables(75)15
Decrease (increase) in leasehold and guarantee deposits(26)10
Increase (decrease) in accrued expenses436(379)
Increase (decrease) in accrued consumption taxes(261)(160)
Other, net351(593)
Subtotal4,0813,136
Interest and dividends received321
Interest paid(11)(10)
Income taxes refund2230
Income taxes paid(865)(1,497)
Net cash provided by (used in) operating activities3,2301,681
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 period9,8009,641
Cash and cash equivalents at end of period9,6418,186