Cash Flow

Consolidated Cash Flow

Cash Flow
Cash Flow

(Unit: Millions of yen)

Category As of March 31, 2021 As of March 31, 2022 As of March 31, 2023 As of March 31, 2024 As of March 31, 2025
Cash flows from operating activities 13,821 14,545 15,590 5,729 22,636
Cash flows from investing activities -13,770 -11,620 -4,863 -9,594 -17,557
Free cash flow* 51 2,924 10,726 -3,865 5,079
Cash flows from financing activities 1,722 -4,802 -10,441 6,694 -5,390
Effect of exchange rate change on cash and cash equivalents 278 523 301 873 -433
Net increase (decrease) in cash and cash equivalents 2,053 -1,355 586 3,702 -744
Cash and cash equivalents at beginning of period 17,200 19,253 17,898 18,484 22,188
Increase in cash and cash equivalents resulting from merger with non-consolidated subsidiaries 191
Cash and cash equivalents at end of period 19,253 17,898 18,484 22,187 21,635
  • *Free cash flow = Cash flows from operating activities + Cash flows from investing activities