Financial Information Cash Flow
Consolidated Statements of Cash Flows
（Millions of Yen）
| Settlement period | 2022/3 | 2023/3 | 2024/3 | 2025/3 | 2026/3 |
|---|---|---|---|---|---|
| Ⅰ Cash flows from operating activities | |||||
| Loss (gain) before income taxes | 3,848 | 7,884 | 5,622 | 6,781 | 5,187 |
| Depreciation | 703 | 693 | 508 | 423 | 719 |
| Amortization of goodwill | – | – | – | – | – |
| Increase (decrease) in allowance for doubtful accounts | 339 | 35 | 125 | (39) | (11) |
| Interest and dividends income | (59) | (105) | （239) | (310) | (264) |
| Interest expenses | 363 | 2,026 | 3,851 | 3,147 | 2,105 |
| Foreign exchange losses (gains) | 4,338 | 4,584 | 6,678 | 659 | 2,612 |
| Share of loss (profit) of entities accounted for using equity | (104) | (258) | (233) | 155 | 79 |
| Loss (gain) on valuation of investment securities | 217 | 21 | – | – | – |
| Decrease (increase) in trade receivables | 7,498 | (14,189) | 9,223 | (661) | (1,659) |
| Decrease (increase) in inventories | (4,563) | (23,771) | 3,411 | 2,356 | 6,073 |
| Increase (decrease) in trade payables | (9,763) | 5,912 | (340) | (3,416) | 290 |
| Other, net | (5,880) | 512 | (759) | 14,056 | (4,424) |
| Subtotal | (3,062) | (16,652) | 27,848 | 23,152 | 10,707 |
| Interest and dividends income received | 883 | 760 | 657 | 308 | 268 |
| interest paid | (358) | (1,915) | (3,884) | (3,214) | (2,122) |
| Income taxes paid | (503) | (1,185) | (1,937) | (1,629) | (2,475) |
| Income taxes refund | 101 | 11 | 10 | 0 | 4 |
| Other | (8) | 0 | – | – | – |
| Net cash provided by (used in) operating activities | (2,948) | (18,981) | 22,694 | 18,617 | 6,383 |
| Ⅱ Cash flows from investing activities | |||||
| Payments into time deposits | (1,108) | (610) | (845) | (700) | (462) |
| Proceeds from withdrawal of time deposits | 1,240 | 588 | 679 | 846 | 736 |
| Purchase of property, plant and equipment | (314) | (100) | (461) | (1,433) | (1,033) |
| Purchase of intangible assets | (425) | (167) | (718) | (1,018) | (395) |
| Purchase of investment securities | (25) | (28) | (29) | (258) | (134) |
| Other, net | 778 | (8) | (48) | 418 | 2,020 |
| Net cash provided by (used in) investing activities | 145 | (326) | (1,424) | (2,146) | 730 |
| Ⅲ Cash flows from investing activities | |||||
| Net increase (decrease) in short-term borrowings | 1,754 | 15,950 | (17,266) | (13,399) | (4,358) |
| Proceeds from long-term borrowings | – | – | – | 4,000 | – |
| Repayments of long-term borrowings | (50) | (50) | (25) | (5,000) | – |
| Purchase of treasury stock | (0) | – | – | – | (0) |
| Dividends paid | (469) | (1,043) | (2,221) | (1,360) | (1,725) |
| Other, net | (842) | (785) | (536) | (645) | (565) |
| Net cash provided by (used in) financing activities | 391 | 14,071 | (20,050) | (16,405) | (6,649) |
| Ⅳ Effect of exchange rate change on cash and cash | 830 | 1,202 | 1,148 | 440 | 303 |
| Ⅴ Net increase(decrease) in cash and cash equivalents | (1,580) | (4,034) | 2,367 | 506 | 767 |
| Ⅵ Cash and cash equivalents at beginning of period | 26,274 | 24,693 | 20,658 | 23,026 | 23,532 |
| Ⅶ Cash and cash equivalents at end of period | 24,693 | 20,658 | 23,026 | 23,532 | 24,300 |