Consolidated Statements of Cash Flows

Millions of yen
  FY2013/3 FY2014/3 FY2015/3 FY2016/3 FY2017/3
Operating activities:          
Net income (loss) 66,488 90,074 126,624 133,495 147,190
Adjustments to reconcile net income to net cash provided by operating activities:          
Depreciation and amortization 143,151 143,979 126,409 124,960 117,635
Impairment losses for long-lived assets and goodwill No data No data No data No data No data
(Gains) losses on sales of investment securities (493) (5,489) 703 (11,996) (22,513)
Deffered income taxes 16,768 17,319 20,458 8,219 (2,934)
Equity in net earnings (losses) of affiliated companies, less dividends received 4,314 6,975 16,102 2,302 4,546
Changes in operating assets and liabilities:          
Notes and accounts receivable 10,998 (18,576) (4,377) (20,061) 3,444
Inventories 13,284 59,726 10,931 5,784 4,891
Notes and accounts payable - trade (23,445) 7,294 (20,474) 1,680 5,692
Accrued income taxes and other liabilities (31,839) (999) 6,679 (12,057) (5,997)
Other 2,873 (3,714) 5,947 (8,847) 36,665
Net cash provided by operating activities 202,099 296,589 267,778 223,479 288,619
Investing activities:          
Purchases of property, plant and equipment (89,873) (70,285) (56,943) (63,810) (74,647)
Purchases of software (20,157) (24,589) (26,554) (22,278) (22,318)
Proceeds from sales and maturities of marketable and investment securities 16,954 18,635 37,164 45,254 63,801
Purchases of marketable and investment securities (3,606) (20,023) (37,244) (30,798) (20,055)
(Increase) decrease in investments in and advances to affiliated companies (6,414) (4,344) (6,309) (3,950) (5,527)
Acquisitions of businesses and minority interests, net of cash acquired (31,215) No data No data No data No data
Other (30,748) (30,691) (35,942) (44,770) (17,770)
Net cash used in investing activities (143,582) (129,535) (124,555) (157,320) (116,439)
Financing activities:          
Proceeds from long-term debt 302,150 1,752 4,530 2,955 226,495
Repayments of long-term debt (123,303) (6,630) (8,619) (6,110) (6,777)
Increase (decrease) in short-term debt, net (27,994) 5,358 (8,332) 20,808 (26,233)
Cash dividends paid (18,064) (19,275) (26,510) (31,974) (30,165)
Subsidiaries' cash dividends paid to noncontrolling interests (4,448) (6,264) (6,600) (7,295) (6,371)
Net purchases of stock for treasury (6) (22) (62) (150,049) (50,021)
Other (48) (13) No data No data 4362
Net cash provided by (used in) financing activities 128,287 (25,094) (45,593) (171,665) 111,290
Effect of exchange rate changes on cash and cash equivalents 23,486 17,217 24,687 (20,485) (8,409)
Net increase (decrease) in cash and cash equivalents 210,290 159,177 122,317 (125,991) 275,061
Cash and cash equivalents at beginning of year 235,104 445,394 604,571 726,888 600,897
Cash and cash equivalents at end of year 445,394 604,571 726,888 600,897 875,958

Downloadable EXCEL File

View the information in downloadable Excel data.