Statements of Cash Flows

	2021/12	2022/12
Cash flows from operating activities
Profit before income taxes	7,418	11,496
Depreciation	3,024	2,957
Impairment losses	112	-
Increase (decrease) in retirement benefit liability	-315	116
Increase (decrease) in provision for share awards	113	103
Interest and dividend income	-75	-128
Interest expenses	18	38
Subsidy income	-110	-121
Loss on retirement of property, plant and equipment	67	130
Decrease (increase) in trade receivables	1,694	526
Decrease (increase) in inventories	-2,028	-907
Increase (decrease) in trade payables	-618	-2,384
Increase (decrease) in accrued expenses	316	-
Other, net	-10	-306
Subtotal	9,609	11,521
Interest and dividends received	76	130
Interest paid	-19	-39
Subsidies received	110	121
Proceeds from subsidies for employment adjustment	3	-
Income taxes paid	-728	-2,552
Income taxes refund	454	52
Extra retirement payments	-844	-
Net cash provided by (used in) operating activities	8,660	9,232
Cash flows from investing activities
Purchase of property, plant and equipment	-1,978	-3,080
Purchase of intangible assets	-43	-118
Purchase of investment securities	-2,042	-556
Proceeds from sale of investment securities	261	-
Other, net	22	-109
Net cash provided by (used in) investing activities	-3,780	-3,865
Cash flows from financing activities
Net increase (decrease) in short-term borrowings	50	88
Repayments of long-term borrowings	-253	-229
Purchase of treasury shares	-292	-0
Proceeds from sale of treasury shares	316	-
Dividends paid	-1,050	-1,837
Other, net	-21	-65
Net cash provided by (used in) financing activities	-1,250	-2,044
Effect of exchange rate change on cash and cash equivalents	786	792
Net increase (decrease) in cash and cash equivalents	4,415	4,116
Cash and cash equivalents at beginning of period	21,417	25,832
Cash and cash equivalents at end of period	25,832	29,948