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Home > Investor Relations > Financial Highlights > Consolidated Statements of Cash Flows

Financial Statements

Consolidated Statements of Cash Flows

(millions of yen)
Fiscal year 2016 2015 2014 2013 2012
Cash flows from operating activities
Profit before income taxes and minority interests 16,403 11,690 2,694 16,562 10,512
Depreciation and amortization 22,341 24,224 24,481 25,058 25,805
Loss on impairment of property, plant and equipment 1,018 5,956 893 425 188
Amortization of goodwill 3,920 4,153 3,764 3,985 3,879
Increase (decrease) in employees' retirement benefits - - - (1,474) (82)
Increase (decrease) in net defined benefit liability (1,720) 446 (615) - -
Increase (decrease) in allowance for doubtful receivables (53) (137) (87) (114) (132)
Interest and dividend income (1,342) (1,376) (1,060) (1,043) (997)
Interest expense 2,142 2,279 2,399 2,751 3,480
Gain on sales of fixed assets (45) (7,453) (3,528) (61) (83)
(Gain) loss on sales and disposal of fixed assets 1,440 1,559 2,251 1,379 2,099
(Gain) loss on sales of investment securities (13) (46) (230) (3,487) 43
(Gain) loss on revaluation of investment securities 22 1,758 11 59 582
(Increase) decrease in notes and accounts receivable - trade (3,756) (2,779) (1,193) (2,314) (2,015)
(Increase) decrease in inventories 968 (1,211) (1,401) 108 (1,826)
Increase (decrease) in notes and accounts payable - trade 1,608 (202) (929) 2,225 (697)
Increase (decrease) in accrued consumption taxes (807) (3,057) 4,211 335 -
Increase (decrease) in liquor taxes payable 338 457 (164) 194 769
Increase (decrease) in deposits received (623) (729) (1,162) (1,653) (2,955)
Increase (decrease) in other current liabilities 173 376 1,024 2,152 (927)
Other 2,349 48 52 (2,594) (723)
Sub total 44,364 35,957 31,413 42,493 36,920
Interest and dividends received 1,359 1,380 1,078 1,055 1,045
Interest paid (2,190) (2,384) (2,517) (2,772) (3,515)
Income taxes paid (10,986) (2,944) (7,689) (7,915) (4,832)
Income taxes refundable 22 3,257 79 - -
Net cash provided by (used in) operating activities 32,570 35,265 22,284 32,861 29,618
Cash flows from investing activities
Purchases of property, plant and equipment (19,748) (18,298) (17,312) (12,243) (51,133)
Proceeds from sales of property, plant and equipment 428 19,563 6,383 171 178
Purchases of intangibles (2,060) (2,041) (1.820) (1,525) (2,736)
Purchases of investment securities (235) (875) (1,397) (346) (1,186)
Proceeds from sales and redemption of investment securities 137 511 392 4,435 419
Purchase of affiliates securities (154) (3,260) (91) (264) (87)
Proceeds from sale of affiliates' securities - 1,794 - - -
Purchase of newly consolidated subsidiaries (438) (3,989) - - (1,611)
Payments for sale of investments in subsidiaries resulting in change of scope of consolidation - - (25) - -
Collection of sales of subsidaries'share for prior periods 30 3,198 - - -
Payments for acquisition of associates accounted for using equity method - - - (286) -
Payments for transfer of business (1,493) - - - -
Increase in long-term loans receivable (77) (304) (137) (232) (25)
Collection of long-term loans receivable 167 417 227 440 93
Other (4,142 (6,471) (3,447) (3,417) (3,395)
Net cash provided by (used in) investing activities (27,586) (9,755) (17,229) (13,268) (59,485)
Cash flows from financing activities
Net increase (decrease) in short-term bank loans (1,248) (3,366) (3,337) (9,362) 6,475
Increase (decrease) in commercial paper 16,000 (13,000) 5,000 (22,000) 34,000
Proceeds from long-term bank loans 32,746 14,319 25,630 32,249 27,878
Repayment of long-term bank loans (46,594) (16,625) (38,401) (21,964) (31,488)
Proceeds from issuance of bonds 9,960 9,960 9,960 19,920 9,960
Redemption of bonds (10,016) (12,000) - (10,000) (10,000)
Cash dividends paid (2,730) (2,730) (2,734) (2,737) (2,737)
Cash dividends paid to minority shareholders (9) (28) (14) (16) -
Repayment of finance lease obligations (2,910) (3,039) (3,321) (4,217) (3,923)
Purchase of treasury stock (471) (56) (94) (1,024) (7)
Proceeds from sale of treasury stock 447 4 6 6 2
Proceeds from minority shareholders - 1,760 - - -
Net cash provided by (used in) financing activities (4,827) (24,802) (7,307) (19,147) 30,159
Effect of exchange rate changes on cash and cash equivalents (79) (56) 426 607 253
Net increase(decrease) in cash and cash equivalents 76 651 (1,826) 1,053 545
Cash and cash equivalents at beginning of period 10,399 9,748 11,518 9,725 9,057
Increase(decrease) in Cash and cash equivalents from newly consolidated subsidiaries - - 9 740 122
Increase in Cash and cash equivalents resulting from merger - - 46 - -
Cash and cash equivalents at end of period 10,475 10,399 9,748 11,518 9,725