Statements of Cash Flows


(unit: millions of yen)
2020/122021/12
Cash flows from operating activities
Profit before income taxes2,8857,418
Depreciation2,8033,024
Impairment losses19112
Amortization of goodwill220-
Increase (decrease) in retirement benefit liability-284-315
Increase (decrease) in provision for share awards63113
Interest and dividend income-84-75
Interest expenses3318
Subsidy income-300-110
Subsidies for employment adjustment-246-
Loss on retirement of property, plant and equipment23067
Decrease (increase) in trade receivables2,3661,694
Decrease (increase) in inventories695-2,028
Increase (decrease) in trade payables-304-618
Increase (decrease) in accrued expenses-426316
Other, net1,178-10
Subtotal8,8519,609
Interest and dividends received8576
Interest paid-32-19
Subsidies received300110
Proceeds from subsidies for employment adjustment2433
Income taxes paid-1,894-728
Income taxes refund-454
Extra retirement payments--844
Net cash provided by (used in) operating activities7,5548,660
Cash flows from investing activities
Purchase of property, plant and equipment-2,928-1,978
Purchase of intangible assets-88-43
Purchase of investment securities-1-2,042
Proceeds from sale of investment securities0261
Purchase of shares of subsidiaries resulting in change in scope of consolidation-9,383-
Other, net6722
Net cash provided by (used in) investing activities-12,334-3,780
Cash flows from financing activities
Net increase (decrease) in short-term borrowings-51150
Proceeds from long-term borrowings302-
Repayments of long-term borrowings-241-253
Purchase of treasury shares-0-292
Proceeds from sale of treasury shares-316
Dividends paid-1,639-1,050
Other, net-22-21
Net cash provided by (used in) financing activities-2,112-1,250
Effect of exchange rate change on cash and cash equivalents-74786
Net increase (decrease) in cash and cash equivalents-6,9674,415
Cash and cash equivalents at beginning of period28,38421,417
Cash and cash equivalents at end of period21,41725,832