Consolidated Statement of Cash Flows

Consolidated Statement of Cash Flows

To contribute to increasing the international comparability of financial information in the capital market, Nippon Shinyaku has voluntarily applied International Financial Reporting Standards (IFRS) to the consolidated financial statements in its annual securities report since the fiscal year ended March 2022.

Consolidated Statement of Cash Flows (Year Ended March 31, 2021)

(Millions of yen)

Cash flows from operating activities
 Profit before income taxes 29,773
 Depreciation 2,933
 Increase (decrease) in provisions (16)
 Decrease (increase) in retirement benefit asset (1,306)
 Increase (decrease) in retirement benefit liability 264
 Interest and dividend income (472)
 Interest expenses 1
 Decrease (increase) in trade receivables (2,778)
 Decrease (increase) in inventories (2,246)
 Decrease (increase) in other current assets (462)
 Increase (decrease) in trade payables (64)
 Increase (decrease) in accrued consumption taxes (364)
 Increase (decrease) in other current liabilities 1,415
 Foreign exchange losses (gains) (19)
 Loss (gain) on sale of property, plant and equipment (1)
 Loss (gain) on sale of investment securities (537)
 Other, net 78
 Subtotal 26,197
 Interest and dividends received 473
 Interest paid (1)
 Income taxes paid (10,650)
 Net cash provided by (used in) operating activities 16,018
Cash flows from investing activities
 Payments into time deposits (1,114)
 Proceeds from withdrawal of time deposits 654
 Purchase of securities (3,400)
 Proceeds from redemption of securities 2,029
 Purchase of investment securities (1)
 Proceeds from sale of investment securities 735
 Purchase of property, plant and equipment (3,165)
 Proceeds from sale of property, plant and equipment 1
 Purchase of long-term prepaid expenses (1,580)
 Other, net (517)
 Net cash provided by (used in) investing activities (6,359)
Cash flows from financing activities
 Dividends paid (6,799)
 Purchase of treasury shares (2)
 Net cash provided by (used in) financing activities (6,801)
Effect of exchange rate change on cash and cash equivalents (174)
Net increase (decrease) in cash and cash equivalents 2,683
Cash and cash equivalents at beginning of period 57,883
Cash and cash equivalents at end of period 60,566

*All amounts are rounded down to the nearest million yen.