Investor Relations
Consolidated Statements of Cash Flows
Consolidated Statements of Cash Flows
(unit: million yen)
For the years ended march 31 | 2019 |
2020 |
2021 |
2022 |
2023 |
---|---|---|---|---|---|
1.Cash flows from operating activities | |||||
Profit before income taxes | 117,248 |
67,476 |
66,184 |
136,614 |
407,479 |
Depreciation | 157,574 |
165,615 |
176,087 |
196,810 |
205,076 |
Amortization of long-term prepaid expenses | 4,306 |
4,263 |
3,722 |
4,136 |
4,224 |
Loss on retirement of property, plant and equipment | 2,248 |
2,164 |
3,274 |
2,574 |
1,658 |
Interest and dividend income | -4,425 |
-7,763 |
-3,984 |
-2,724 |
-5,260 |
Interest expenses | 11,091 |
11,412 |
12,629 |
14,466 |
15,138 |
Decrease (increase) in trade receivables | -46,191 |
52,646 |
5,126 |
-147,505 |
-114,253 |
Decrease (increase) in inventories | -18,336 |
172 |
18,643 |
-22,491 |
-78,491 |
Increase (decrease) in trade payables | -5,321 |
8,952 |
8,080 |
10,132 |
7,107 |
Increase (decrease) in accrued consumption taxes | -3,002 |
7,979 |
-1,072 |
542 |
12,761 |
Other, net | -45,892 |
21,633 |
4,155 |
-25,702 |
71,183 |
Subtotal | 169,300 |
334,549 |
292,844 |
166,852 |
526,622 |
Interest and dividends received | 9,387 |
14,510 |
7,843 |
9,068 |
14,915 |
Interest paid | -10,809 |
-11,087 |
-12,630 |
-14,483 |
-14,069 |
Income taxes paid | -26,571 |
-31,676 |
-32,482 |
-16,209 |
-40,437 |
Net cash provided by (used in) operating activities | 141,306 |
306,296 |
255,574 |
145,227 |
487,030 |
2.Cash flows from investing activities | |||||
Purchase of investment securities | -17,603 |
-23,989 |
-37,467 |
-16,214 |
-28,011 |
Purchase of property, plant and equipment | -168,144 |
-177,664 |
-172,652 |
-167,197 |
-150,647 |
Purchase of intangible assets | -39,491 |
-41,908 |
-35,725 |
-29,777 |
-34,294 |
Purchase of long-term prepaid expenses | -8,561 |
-2,183 |
-2,456 |
-6,584 |
-5,237 |
Proceeds from sale of non-current assets | 25,050 |
282 |
5,151 |
6,334 |
5,769 |
Other, net | 5,287 |
-25,335 |
-52,760 |
-11,216 |
8,898 |
Cash flows from investing activities | -203,462 |
-270,798 |
-295,911 |
-224,656 |
-203,522 |
3.Cash flows from financing activities |
|
|
|
|
|
Net increase (decrease) in short-term borrowings | -1,466 |
21 |
-801 |
679 |
13,839 |
Proceeds from long-term borrowings | 59,354 |
71,542 |
51,035 |
165,014 |
97,366 |
Repayments of long-term borrowings | -23,726 |
-43,390 |
-35,981 |
-123,252 |
-72,241 |
Proceeds from issuance of bonds | 70,000 |
90,000 |
90,000 |
73,620 |
19,791 |
Payments for redemption of bonds | -40,000 |
-30,000 |
-20,000 |
-20,000 |
- |
Dividends paid | -24,936 |
-27,839 |
-26,449 |
-26,424 |
-29,474 |
Purchase of treasury shares | -20,051 |
-24,038 |
-32 |
-3,326 |
-16,031 |
Other, net | 8,453 |
-13,125 |
-5,763 |
24,179 |
-35,653 |
Net cash provided by (used in) financing activities | 27,628 |
23,171 |
52,009 |
90,490 |
-22,403 |
4.Effect of exchange rate change on cash and cash equivalents | -710 |
-489 |
-5,088 |
9,117 |
12,628 |
5.Net increase (decrease) in cash and cash equivalents | -35,238 |
58,179 |
6,584 |
20,179 |
273,733 |
6.Cash and cash equivalents at beginning of period | 128,271 |
93,032 |
151,218 |
157,811 |
179,699 |
Increase (decrease) in cash and cash equivalents resulting from change in scope of consolidation | - |
6 |
8 |
1,708 |
- |
7.Cash and cash equivalents at end of period | 93,032 |
151,218 |
157,811 |
179,699 |
453,432 |
* Some items in the accompanying financial statements have been summarized to preserve simplicity. Such changes are unaudited.
* Different from the amount of cash dividends paid on a fiscal year accounting basis.