Investor RelationsFinancial

Consolidated Statements Of Cash Flows (IFRS)

Yen in thousands

For the years ended March 31,

Cash flows from operating activities (IFRS)
	2015	2016	2017	2018
Income before income taxes and minority interests	54,132	192,919	303,103	443,849
Depreciation	113,077	106,885	109,179	173,446
Financial revenue	-	-	-12,680	-5,296
Financial expenses	-	-	4,216	7,027
Increase (decrease) in provision for after-sales service		25,112
Amortization of goodwill	24,021	-
Share-based compensation expenses	2,257	-
Interest and dividend income	-6,639	-4,186
Interest expenses	92	1,678
Share issuance cost	14,899	-
Foreign exchange losses (gains)	-1,179	-
Gain on reversal of subscription rights to shares	-24,104	-
Loss (gain) on sales of investment securities	-53,087	64,993
Bond redemption gains		14,713
Loss (gain) on investments in partnership	1,744	-
Share of (profit) loss of entities accounted for using equity method	38,858	-	92	4,855
Loss on retirement of non-current assets	225	-
Credit loss		1,991
Impairment loss	58,051	-
Decrease (increase) in notes and accounts receivable - trade	-25,159	-16,099
Decrease (increase) in trade receivables and other receivables	-	-	20,546	128,074
Decrease (increase) in operating obligations and other obligations	-	-	17,619	14,320
Decrease (increase) in inventories	8	12
Decrease (increase) in other current assets	-1,909	2,010
Decrease (increase) in software for market sale	-70,058	-79,966
Increase (decrease) in notes and accounts payable - trade	-9,263	-8,973
Increase (decrease) in advances received	19,642	38,380
Increase (decrease) in accrued consumption taxes	30,309	-21,241
Increase (decrease) in other current liabilities	-8,601	11,833
Other		309	-50,574	276,132
Subtotal	157,315	330,372	391,500	1,042,406
Interest and dividend income received	7,231	6,044	5,246	5,509
Interest expenses paid	-247	-1,619	-1,150	-2,379
Income taxes paid	-151,158	-115,966	-128,356	-192,224
Net cash provided by (used in) operating activities	13,140	218,830	267,240	853,312

	2015	2016	2017	2018
Cash flows from investing activities (IFRS)
Payments into time deposits	-500,000	-	-100,000	600,000
Purchase of property. plant and equipment	-1,746	-1,613	-49,606	-29,599
Proceeds from sales of property. plant and equipment	-	-	-	1,688
Purchase of intangible assets	-2,054	-2,550	-2,616	-8,354
Purchases of investment	-	-	-152,007	-544,346
Proceeds from redemption of investment securities	-	-	-	300,000
Purchase of subsidiary stock	-	-	-	-722,283
Proceeds from sale of investment	-	-	65,631	40,786
Purchase of investment securities	-199,010	-202,332
Proceeds from sales of investment securities	129,735	-
Decrease (increase) in other investments	-14,866	-12,728	-26,156	37,746
Net cash provided by (used in) investing activities	-587,941	-219,224	-264,753	-324,363

	2015	2016	2017	2018
Cash flows from financing activities (IFRS)
Net increase (decrease) in short-term loans payable	100,000	-
Proceeds from long-term loans payable	200,000	-	-66,672	-66,672
Repayments of long-term loans payable	-75,000	-66,664
Proceeds from issuance of stock resulting from exercise of subscription rights to shares			-	2,250,100
Purchase of treasury shares	-26	-	-15	-212,509
Proceeds from issuance of common shares	789,141	-
Cash dividends paid	-32,575	-44,088	-45,300	-57,389
Proceeds from issuance of other financial liabilities	-	-	11,678	-
Payment for issuance of other financial liabilities	-	-	-981	-
Net cash provided by (used in) financing activities	981,540	-110,752	-101,290	1,913,529
Effect of exchange rate change on cash and cash equivalents	45,495	-11,456
Net increase (decrease) in cash and cash equivalents	452,234	-122,603	-98,803	244,2479
Cash and cash equivalents at beginning of period	1,573,116	2,025,351	1,844,219	174,0175
Impact of foreign exchange fluctuation on cash and cash equivalents	-	-	-5,241	36,623
Cash and cash equivalents at end of period	2,025,351	1,902,748	1,740,175	4,219,277