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(Millions of yen)
2021/09 2022/09 2023/09 2024/09 2025/09
Cash flows from operating activities
Profit (loss) before income taxes 4,279 3,935 3,049 3,237 9,399
Depreciation 588 552 796 1,652 2,400
Impairment loss 84 294 1 138 209
Amortization of goodwill - - - 1 9
Increase (decrease) in provision for bonuses 114 -30 82 72 190
Increase (decrease) in allowance for litigation losses - - - - -
Provision for loss on fire - - 124 -25 -0
Increase (decrease) in provision for product warranties - 367 1,167 -802 206
Increase (decrease) in provision for loss on business liquidation - - - 218 -215
Foreign exchange losses (gains) -35 -28 -6 0 -2
Insurance claim income - -263 - -59 -24
Compensation income for damage -158 -437 - - -
Settlement payments - 272 0 18 3
Loss on fire - - 38 - -
Loss (gain) on valuation of investment securities 95 26 93 126 297
Stock issuance expenses - - - - -
Loss (gain) on sales of shares of subsidiaries and associates - - - - -
Decrease (increase) in trade receivables -554 -735 -1,287 -1,125 -3,060
Decrease (increase) in inventories -835 -1,212 -323 -3,039 -5,890
Increase (decrease) in trade payables -455 360 135 2,324 -295
Increase (decrease) in accounts payable-other 9 -721 266 213 2,559
Other, net 837 51 10 208 2,021
Subtotal 3,971 2,432 4,149 3,163 8,743
Interest and dividends received 14 23 19 27 26
Interest paid -8 -14 -0 -4 -35
Proceeds from insurance income - 263 - 59 24
Proceeds from damage income 158 356 - 17 19
Settlement paid - -272 -0 -38 -3
Loss on fire paid - - - -92 -
Income taxes paid -209 -910 -1,481 -2,148 -1,079
Income taxes refund (paid) - - - - -
Net cash provided by (used in) operating activities 3,927 1,879 2,686 983 7,833
Cash flows from investing activities
Purchase of property, plant and equipment -438 -564 -1,185 -3,297 -8,654
Purchase of intangible fixed assets -139 -441 -264 -912 -1,842
Purchase of investment securities -330 -903 -1,143 -439 -312
Proceeds from sales of investment securities 145 49 - 207 202
Purchase of shares of subsidiaries - -110 - - -
Proceeds from purchase of shares of subsidiaries resulting in change in scope of consolidation - - - - -
Purchase of shares of subsidiaries and associates - - - -107 -205
Proceeds from sales of shares of subsidiaries and associates - - - - -
Other, net 12 93 -195 46 -525
Cash flows from investing activities -750 -1,876 -2,788 -4,501 -11,337
Cash flows from financing activities - - - - -
Net increase (decrease) in short-term borrowings
Proceeds from short-term borrowings - - - - 1,000
Repayment of short-term borrowings - - - - -1,000
Proceeds from long-term borrowings 80 - - - 3,714
Repayment of long-term borrowings -2 -15 -17 -5 -170
Proceeds from issuance of shares 10 312 13 5 29
Proceeds from share issuance to non-controlling shareholders 60 1,175 618 624 50
Purchase of treasury shares -904 0 -0 -0 -1,205
Proceeds from sales of treasury shares - - - - -
Dividends paid -0 -389 -393 -393 -519
Other, net -23 -29 -26 -36 -0
Net cash provided by (used in) financing activities -779 1,052 195 195 1,898
Effect of exchange rate changes on cash and cash equivalents -216 -177 -484 2 -57
Net increase (decrease) in cash and cash equivalents 2,181 877 -391 -3,320 -1,663
Cash and cash equivalents at beginning of period 13,470 15,651 16,529 16,137 12,960
Increase in cash and cash equivalents due to share exchange - - - 578 -
Decrease in cash and cash equivalents resulting from exclusion of subsidiaries from consolidation - - - -434 -
Cash and cash equivalents at end of period 15,651 16,529 16,137 12,960 11,297