Investors

Consolidated Statement of Cash Flows

The below shows semiannual statement of cash flows for five business years.
For prior data, please refer to Financial Data Sheets.

  • Consolidated

*Certain figures of the cumulated Q2 FY 2019 have been restated to reflect revisions to the previous fiscal years' financial statements.
For details, please refer to the "Notification Regarding Partial Revision of Summary of Financial Information and Consolidated Business Results etc. for the Previous Fiscal Year" released on May 15, 2020.



(Unit: Millions of yen) Fiscal year ended
March 31, 2020
Fiscal year ended
March 31, 2021
Fiscal year ended
March 31, 2022
Fiscal year ended
March 31, 2023
Fiscal year ended
March 31, 2024
  H1 Full-Year H1 Full-Year H1 Full-Year H1 Full-Year H1 Full-Year
Cash flows from operating activities
Net cash provided by (used in) operating activities (2,361) (2,427) 1,037 3,692 1,006 7,980 (2,083) 12,561 (2,448) 5,563
Profit (loss) before income taxes (2,744) 667 (3,866) (2,908) 788 3,941 3,747 11,127 5,886 13,811
Depreciation 726 1,346 396 873 346 737 363 781 426 1,024
Impairment loss - - - 174 - - - - - 172
Amortization of goodwill 279 559 145 280 126 252 126 260 142 282
Increase (decrease) in allowance for doubtful accounts 2 (84) 19 76 11 18 3 (106) (22) 298
Increase (decrease) in provision for bonuses 10 1 54 37 (11) 3 11 (18) 8 35
Increase (decrease) in provision for bonuses for directors (and other officers) (5) 4 (9) - (9) 31 (46) 113 (159) 57
Increase (decrease) in retirement benefit liability 15 46 37 73 16 41 28 (19) 26 51
Interest and dividend income (94) (104) (4) (14) (3) (4) (3) (9) (134) (143)
Share of (profit) loss of entities accounted for using equity method (42) 47 (90) (205) (78) (59) (114) (90) (400) (896)
Purchase discounts - (224) - (35) - (157) - (129) - -
Interest expenses 34 59 50 90 42 77 44 79 28 56
Loss (gain) on sale of investment securities - 212 - (16) - (231) - - - -
Amortization of investments in capital - 774 - 305 - 361 - 797 338 633
Gain on bargain purchase - - - - - - - - - (1,072)
Decrease (increase) in trade receivables 1,930 (8,537) 12,926 10,239 (749) (7,644) (5,377) 551 (15,522) 3,926
Decrease (increase) in inventories (149) 237 (797) 1,569 (1,003) 864 158 2,330 (4,078) (4,558)
Decrease (increase) in advance payments to suppliers - - - - - - - - - 1,175
Decrease (increase) in merchandising rights - - - - - (197) - - - -
Decrease (increase) in merchandising rights advances (153) 23 (41) 236 - - - - - -
Loss (gain) on sale of non-current assets - (15) - (0) - (2) - (1) - (3)
Decrease (increase) in prepaid expenses - (166) - 289 - 55 - (3) - -
Decrease (increase) in advances paid - 234 - 12 - 3 - (90) - -
Increase (decrease) in trade payables (3,080) 1,402 (6,328) (6,003) 1,643 9,433 2,721 (631) 14,985 (4,371)
Increase (decrease) in liabilities relating to paid-in transactions - - - - - - (697) (1,105) 453 146
Loss (gain) on sales of shares of subsidiaries and associates - - - - - (304) - 38 - (299)
Decrease (increase) in accounts receivable - other - - - - - - - (229) (2,098) (591)
Increase (decrease) in accounts payable-other - (444) - (29) - 240 (850) 676 - (827)
Increase/decrease in consumption taxes payable/consumption taxes refund receivable - 832 (968) (701) 89 486 46 797 (1,222) (1,374)
Increase (decrease) in deposits received - (195) - (27) - 602 - (640) - -
Other, net 881 995 (328) (355) (124) (230) (1,622) (632) 376 529
Subtotal (2,390) (2,328) 1,193 3,960 1,083 8,321 (1,460) 13,844 (966) 8,062
Interest and dividends received 94 104 4 13 3 5 3 9 134 201
Interest paid (34) (59) (50) (90) (42) (77) (44) (79) (28) (56)
Income taxes (paid) refund (30) (143) (110) (190) (38) (268) (581) (1,213) (1,587) (2,643)
(Unit: Millions of yen) Fiscal year ended
March 31, 2020
Fiscal year ended
March 31, 2021
Fiscal year ended
March 31, 2022
Fiscal year ended
March 31, 2023
Fiscal year ended
March 31, 2024
  H1 Full-Year H1 Full-Year H1 Full-Year H1 Full-Year H1 Full-Year
Cash flows from investing activities
Net cash provided by (used in) investing activities 1,715 876 (666) (1,072) (493) (1,586) (1,462) (7,642) (4,675) (4,101)
Purchase of property, plant and equipment (1,413) (1,723) (142) (353) (303) (943) (439) (812) (596) (1,528)
Proceeds from sale of property, plant and equipment 48 48 4 6 - 2 4 4 0 3
Purchases of intangible assets (207) (553) (147) (233) (114) (243) (115) (531) (147) (234)
Purchase of investment securities - (256) - (47) - (70) (380) (5,126) (411) (439)
Proceeds from sales of investment securities 3,519 3,623 29 85 463 492 23 79 37 73
Proceeds from redemption of investment securities 200 200 - - 109 109 - - - -
Purchase of shares of subsidiaries and associates (10) (10) (36) (99) - (10) - - (141) (254)
Proceeds from purchase of shares of subsidiaries resulting in change in scope of consolidation - - - - - - - - - 1,732
Proceeds from sale of shares of subsidiaries resulting in change in scope of consolidation - - - - - - - - - 343
Purchase of shares of entities accounted for using equity method - - - - - - - - (3,167) (3,167)
Proceeds from sale of shares of subsidiaries and associates 1 - - - 17 502 - 273 - -
Payments for investments in capital - (267) (260) (260) (558) (1,475) (528) (1,012) - -
Loan advances - (30) (38) (87) (0) (0) (33) (483) (320) (370)
Proceeds from collection of loans receivable 24 54 20 38 25 56 13 18 4 6
Payments of leasehold and guarantee deposits - (66) - (80) - (0) - (25) - (33)
Proceeds from refund of leasehold and guarantee deposits - 43 - 23 - 109 - 14 - 57
Other, net (446) (187) (96) (64) (131) (113) (7) (42) 66 12
(Unit: Millions of yen) Fiscal year ended
March 31, 2020
Fiscal year ended
March 31, 2021
Fiscal year ended
March 31, 2022
Fiscal year ended
March 31, 2023
Fiscal year ended
March 31, 2024
  H1 Full-Year H1 Full-Year H1 Full-Year H1 Full-Year H1 Full-Year
Cash flows from financing activities
Net cash provided by (used in) financing activities (4,935) (2,537) (3,055) (2,835) (2,214) 1,385 (4,291) (725) (1,443) (3,145)
Net increase (decrease) in short-term borrowings (1,496) (5,760) 308 53 (40) 946 (818) 5,349 (549) (499)
Repayments of long-term borrowings (3,324) (4,656) (2,664) (5,329) (2,041) (4,063) (2,508) (5,051) (1,877) (3,617)
Proceeds from long-term borrowings 250 8,250 - 2,990 200 4,858 - - 2,950 2,950
Purchase of treasury shares - - (365) (365) - - (0) - (0) -
Dividends paid (331) (331) (331) (331) (322) (322) (645) (645) (1,959) (1,959)
Purchase of shares of subsidiaries not resulting in change in scope of consolidation - - - - - - (306) (486) - -
Other, net (33) (39) (1) 147 (10) (33) (12) 109 (7) (19)
(Unit: Millions of yen) Fiscal year ended
March 31, 2020
Fiscal year ended
March 31, 2021
Fiscal year ended
March 31, 2022
Fiscal year ended
March 31, 2023
Fiscal year ended
March 31, 2024
  H1 Full-Year H1 Full-Year H1 Full-Year H1 Full-Year H1 Full-Year
Effect of exchange rate changes on cash and cash equivalents (0) (0) (0) (0) (0) 0 0 (0) (0) 0
Net increase (decrease) in cash and cash equivalents (5,581) (4,088) (2,683) (215) (1,701) 7,779 (7,836) 4,193 (8,567) (1,683)
Cash and cash equivalents at beginning of period 28,807 28,807 24,725 24,725 24,510 24,510 32,304 32,304 36,497 36,497
Increase in cash and cash equivalents resulting from inclusion of subsidiaries in consolidation - 6 - - 14 14 - - - -
Cash and cash equivalents at end of period (end of quarter) 23,226 24,725 22,042 24,510 22,822 32,304 24,467 36,497 27,929 34,814