Financial Statements

Japanese

Consolidated Statements of Cash Flows

(Unit: million yen)

Account Item	2009/3	2010/3	2011/3	2012/3	2013/3
Cash flows from operating activities
Income (loss) before income taxes and minority interest	39,180	(17,671)	46,505	86,168	61,856
Depriciation and amortization	32,892	35,170	34,033	32,570	36,225
Losses on impairment of fixed assets	720	545	399	12,127	663
Increase (decrease) in allowance for doubtful receivables	4,306	447	(602)	(2,424)	(1,403)
Increase (decrease) in provision of warranty costs	(1,712)	(226)	1,042	366	78
Increase (decrease) in reserve for employees' retirement benefits	1,021	3,257	(2,134)	(11,186)	(981)
Increase (decrease) in reserve for retirement allowance for directors and corporate auditors	(62)	132	3	(606)	-
Interest and dividend income	(2,206)	(1,251)	(1,694)	(2,072)	(2,069)
Equity method investment gain	(1,022)	(992)	(1,231)	(1,535)	(2,462)
Interest expenses	1,090	1,225	945	1,037	1,300
Gain on sales of noncurrent assets	(32)	(68)	(43)	(155)	(245)
Loss on retirement of noncurrent assets	1,891	563	1,007	1,022	-
Loss on sales of investment securities	-	(84)	52	30	(5,101)
Losses on revaluation of investment securities	5,930	220	4,512	0	35
Net decrease (increase) in trade notes and accounts receivable	26,694	9,134	(14,843)	(18,681)	19,790
Net decrease (increase) in inventories	(7,849)	57,390	(34,032)	(27,703)	12,081
Net increase (decrease) in trade notes and accounts payable	(56,884)	5,218	47,027	(15,530)	(35,820)
Increase (decrease) in advances received	-	(9,137)	29,303	(9,608)	(3,679)
Other, net (operating activities)	18,381	6,112	23,451	(16,862)	(273)
sub total	62,338	99,126	133,701	26,959	79,996
Interest and dividends received	2,274	2,836	2,465	3,275	3,449
Interests paid	(1,214)	(1,155)	(965)	(1,063)	(1,270)
Income taxes paid	(53,286)	2,690	(11,587)	(14,098)	(30,283)
Net Cash Provided by (Used in) Operating Activities	10,112	103,497	123,613	15,073	51,890
Cash flows from investing activities
Payments for purchases of tangible fixed assets	(31,034)	(33,635)	(22,885)	(35,773)	(61,855)
Proceeds from sales of tangible fixed assets	586	621	722	1,303	2,762
Purchases of investment securities	(3,440)	(1,150)	(433)	(789)	(1,410)
Proceeds from sales of investment securities	-	771	685	392	5,277
Purchase of investmants in subsidiaries resulting in change in scope of consolidation	685	(9,428)	-	-	-
Net decrease (increase) in loans receivable	(324)	359	398	(1,225)	(109)
Compensation income for expropriation	-	8,212	2,317	-	-
Other, net (investing activities)	(10,304)	(12,856)	(4,392)	(13,053)	(9,774)
Net Cash Provided by (Used in) Investing Activities	(44,518)	(47,107)	(23,589)	(49,144)	(65,109)
Cash flows from financing activities
Net increase (decrease) in short-term borrowings	7,432	(5,335)	121	(1,548)	(91)
Net increase (decrease) of commercial paper	20,000	(20,000)	-	-	-
Proceeds from long-term debt	11,700	1,229	10,000	2,900	4,700
Repayments of long-term debt	(2,819)	(10,199)	(10,530)	(1,760)	(4,700)
Proceeds from issue of bonds	-	19,894	19,892	-	-
Redemption of bonds	(5,000)	(10,000)	(32,900)	-	-
Dividends paid	(10,338)	(3,771)	(3,573)	(12,278)	(15,841)
Purchase of treasury stock	(12,337)	(45)	(12)	-	-
Other, net (financing activities)	(2,862)	(3,247)	(3,131)	(2,463)	(2,264)
Net Cash Provided by (Used in) Financial Activities	5,774	(31,476)	(20,122)	(15,150)	(18,198)
Foreign currency translation adjustments on cash and cash equivalents	(4,518)	(49)	(3,741)	(665)	9,370
Net increase (decrease) in cash and cash equivalents	(33,151)	24,863	76,160	(49,886)	(22,046)
Cash and cash equivalents, beginning of year	112,957	79,806	104,669	181,061	131,711
Increase in cash and cash equivalents from newly consolidated subsidiaries	-	-	231	536	429
Cash and cash equivalents, end of year	79,806	104,669	181,061	131,711	110,094