Statements of Cash Flows

Consolidated

	2023/5	2024/5
Cash flows from operating activities
Profit before income taxes	13,149	12,732
Depreciation	1,993	2,289
Impairment losses	175	24
Loss (gain) on sale of non-current assets	-0	-2
Loss on retirement of non-current assets	90	123
Increase (decrease) in allowance for doubtful accounts	26	30
Increase (decrease) in provision for warranties for completed construction	108	197
Interest and dividend income	-3	-3
Interest expenses	191	185
Insurance claim income	-4	-69
Decrease (increase) in trade receivables	1,126	1,383
Decrease (increase) in inventories	-4,753	10,667
Increase (decrease) in trade payables	1,929	-1,060
Increase (decrease) in advances received on umcompleted construction contracts and other	-7,191	-9,548
Increase (decrease) in accrued consumption taxes	827	-268
Increase (decrease) in accrued expenses	3,117	-4,219
Other, net	94	-237
Subtotal	10,879	12,226
Interest and dividends received	2	3
Interest paid	-204	-154
Proceeds from insurance income	4	69
Income taxes paid	-4,301	-3,866
Other, net	5	6
Net cash provided by (used in) operating activities	6,385	8,284
Cash flows from investing activities
Purchase of property, plant and equipment	-2,718	-1,944
Proceeds from sale of property, plant and equipment	5	18
Purchase of intangible assets	-61	-52
Proceeds from collection of loans receivable	2	2
Other, net	144	-33
Net cash provided by (used in) investing activities	-2,626	-2,010
Cash flows from financing activities
Net increase (decrease) in short-term borrowings	1,513	-6,951
Proceeds from long-term borrowings	2,600	2,040
Repayments of long-term borrowings	-2,401	-4,397
Purchase of treasury shares	-1,000	-0
Dividends paid	-3,660	-5,211
Dividends paid to non-controlling interests	-28	-22
Other, net	-15	-9
Net cash provided by (used in) financing activities	-2,992	-14,553
Effect of exchange rate change on cash and cash equivalents	85	60
Net increase (decrease) in cash and cash equivalents	852	-8,218
Cash and cash equivalents at beginning of period	33,471	34,323
Cash and cash equivalents at end of period	34,323	26,105