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 |