Statements of Cash Flows


(unit : million yen)
2017/122018/12
Cash ows from operating activities
Profit before income taxes4,2225,963
Depreciation3,5623,164
Increase (decrease) in net dened benet liability-64155
Increase (decrease) in provision for share benets-83
Interest and dividends income-104-146
Interest expenses4244
Loss (gain) on sales of investment securities--85
Loss on retirement of property, plant and equipment3634
Surrender value of insurance-122-
Decrease (increase) in notes and accounts receivable-trade-367-65
Decrease (increase) in inventories-192-697
Increase (decrease) in notes and accounts payable-trade543608
Increase (decrease) in accrued expenses204-8
Other, net991-207
Subtotal8,7528,841
Interest and dividends income received104146
Interest expenses paid-42-44
Income taxes paid-1,153-1,419
Net cash provided by (used in) operating activities7,6617,523
Cash ows from investing activities
Purchases of property, plant and equipment-2,390-2,154
Purchase of intangible assets-60-125
Purchase of investment securities-16-2
Proceeds from sales of investment securities-147
Proceeds from cancellation of insurance funds260-
Payments of loans receivable-6-2
Collection of loans receivable138
Other, net26-72
Net cash provided by (used in) investing activities-2,174-2,202
Cash ows from nancing activities
Net increase (decrease) in short-term loans payable-372-16
Proceeds from long-term loans payable216400
Repayment of long-term loans payable-766-518
Purchase of treasury shares-0-429
Cash dividends paid-1,427-1,296
Other, net-1-1
Net cash provided by (used in) nancing activities-2,351-1,861
Effect of exchange rate change on cash and cash equivalents265-452
Net increase (decrease) in cash and cash equivalents3,4013,006
Cash and cash equivalents at beginning of period16,03019,431
Cash and cash equivalents at end of period19,43122,438