Investors

Consolidated Statement of Cash Flows

Here are entered semiannual statement of cash flows for five business years.
For prior data, please refer to Financial Data Sheets.

  • Consolidated

*Certain figures of the full-year FY 2018 and 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, 2018
Fiscal year ended
March 31, 2019
Fiscal year ended
March 31, 2020
Fiscal year ended
March 31, 2021
Fiscal year ending
March 31, 2022
  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 (912) (1,094) (4,177) 2,178 (2,361) (2,427) 1,037 3,692 1,006  
Profit (loss) before income taxes (2,994) (7,386) (3,135) (494) (2,744) 667 (3,866) (2,908) 788  
Depreciation 659 1,457 527 1,239 726 1,346 396 873 346  
Impairment loss - 334 315 278 - - - 174 -  
Amortization of goodwill 163 322 155 435 279 559 145 280 126  
Increase (decrease) in allowance for doubtful accounts 62 400 (35) (17) 2 (84) 19 76 11  
Increase (decrease) in provision for bonuses (24) (68) (50) (63) 10 1 54 37 (11)  
Increase (decrease) in provision for bonuses for directors (and other officers) 53 9 (5) 1 (5) 4 (9) (9)  
Increase (decrease) in retirement benefit liability 42 86 (4) 35 15 46 37 73 16  
Interest and dividend income (140) (290) (130) (259) (94) (104) (4) (14) (3)  
Share of (profit) loss of entities accounted for using equity method 701 (306) 421 458 (42) 47 (90) (205) (78)  
Purchase discounts - (129) - (92) - (224) - (35) -  
Interest expenses 40 81 39 76 34 59 50 90 42  
Loss (gain) on sale of investment securities - - - (361) - 212 - (16) -  
Loss (gain) on step acquisitions - - - (748) - - - - -  
Loss (gain) on valuation of investment securities - 2,185 - - - - - - -  
Amortization of investments in capital - 751 - 979 - 774 - 305 -  
Decrease (increase) in trade receivables 3,883 6,715 3,042 2,768 1,930 (8,537) 12,926 10,239 (749)  
Decrease (increase) in inventories (1,407) (3,393) 1,286 279 (149) 237 (797) 1,569 (1,003)  
Decrease (increase) in merchandising rights advances 358 929 (84) (242) (153) 23 (41) 236 -  
Loss (gain) on sale of non-current assets - (939) - (28) - (15) - (0) -  
Decrease (increase) in prepaid expenses - 254 - 317 - (166) - 289 -  
Decrease (increase) in advances paid - 475 - (101) - 234 - 12 -  
Increase (decrease) in trade payables (3,102) (1,640) (6,610) (2,944) (3,080) 1,402 (6,328) (6,003) 1,643  
Loss (gain) on sales of shares of subsidiaries and associates - - (1,348) (1,348) - - - - -  
Increase (decrease) in accounts payable-other - (360) - (0) - (444) - (29) -  
Decrease/increase in consumption taxes receivable/payable - 53 - 312 - 832 (968) (701) 89  
Increase (decrease) in deposits received - 239 - (151) - (195) - (27) -  
Other, net 964 (583) 966 1,334 881 995 (328) (355) (124)  
Subtotal (739) (801) (4,650) 1,662 (2,390) (2,328) 1,193 3,960 1,083  
Interest and dividends received 158 310 132 267 94 104 4 13 3  
Interest paid (40) (81) (39) (76) (34) (59) (50) (90) (42)  
Income taxes (paid) refund (290) (521) 381 325 (30) (143) (110) (190) (38)  
(Unit: Millions of yen) Fiscal year ended
March 31, 2018
Fiscal year ended
March 31, 2019
Fiscal year ended
March 31, 2020
Fiscal year ended
March 31, 2021
Fiscal year ending
March 31, 2022
  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 4,905 4,399 1,652 3,217 1,715 876 (666) (1,072) (493)  
Purchase of property, plant and equipment (601) (862) (145) (1,246) (1,413) (1,723) (142) (353) (303)  
Proceeds from sales of property, plant and equipment 5,254 6,250 117 225 48 48 4 6 -  
Purchases of intangible assets (145) (267) (66) (144) (207) (553) (147) (233) (114)  
Purchase of investment securities - - - (2) - (256) - (47) -  
Proceeds from sales of investment securities - 13 528 528 3,519 3,623 29 85 463  
Proceeds from redemption of investment securities - - - - 200 200 - 109  
Purchase of shares of subsidiaries and associates (193) (200) - - (10) (10) (36) (99) -  
Proceeds from sales of shares of subsidiaries and associates 2,201 2,202 1,800 1,800 1 - - - 17  
Proceeds from purchase of shares of subsidiaries resulting in change in scope of consolidation - - - 2,818 - - - - -  
Proceeds from redemption of investments in other securities of subsidiaries and affiliates - - - - - - - - -  
Payments for investments in capital - (582) - (943) - (267) (260) (260) (558)  
Loan advances (3,150) (4,520) (140) (179) - (30) (38) (87) (0)  
Proceeds from collection of loans receivable 1,815 2,574 24 68 24 54 20 38 25  
Payments of leasehold and guarantee deposits - (90) - (31) - (66) - (80) -  
Proceeds from refund of leasehold and guarantee deposits - 307 - 452 - 43 - 23 -  
Other, net (274) (423) (465) (126) (446) (187) (96) (64) (131)  
(Unit: Millions of yen) Fiscal year ended
March 31, 2018
Fiscal year ended
March 31, 2019
Fiscal year ended
March 31, 2020
Fiscal year ended
March 31, 2021
Fiscal year ending
March 31, 2022
  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 (419) (2,021) (531) (962) (4,935) (2,537) (3,055) (2,835) (2,214)  
Net increase (decrease) in short-term borrowings 2,729 3,869 938 1,809 (1,496) (5,760) 308 53 (40)  
Repayments of long-term borrowings (1,300) (3,200) (1,290) (2,580) (3,324) (4,656) (2,664) (5,329) (2,041)  
Proceeds from long-term borrowings - - - - 250 8,250 - 2,990 200  
Purchase of treasury shares - - - - - - (365) (365) -  
Dividends paid (828) (1,659) (168) (169) (331) (331) (331) (331) (322)  
Purchase of shares of subsidiaries not resulting in change in scope of consolidation (955) (955) - - - - - - -  
Other, net (64) (76) (11) (22) (33) (39) (1) 147 (10)  
(Unit: Millions of yen) Fiscal year ended
March 31, 2018
Fiscal year ended
March 31, 2019
Fiscal year ended
March 31, 2020
Fiscal year ended
March 31, 2021
Fiscal year ending
March 31, 2022
  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)  
Net increase (decrease) in cash and cash equivalents 3,573 1,282 (3,055) 4,434 (5,581) (4,088) (2,683) (215) (1,701)  
Cash and cash equivalents at beginning of period 23,090 23,090 24,373 24,373 28,807 28,807 24,725 24,725 24,510  
Increase in cash and cash equivalents resulting from inclusion of subsidiaries in consolidation - - - - - 6 - 14  
Cash and cash equivalents at end of period (end of quarter) 26,663 24,373 21,318 28,807 23,226 24,725 22,042 24,510 22,822