Major Management Indicators

Cash and cash equivalents (hereinafter, "Funds") at the end of the fiscal year ended March 31, 2023, increased to ¥86.192 billion, up ¥10.711 billion from the end of the fiscal year ended March 31, 2022.

Net cash provided by (used in) operating activities

Funds provided by operating activities were ¥36.907 billion. This was mainly due to net profit before income taxes of ¥44.501 billion (up 1.4% from the previous fiscal year), depreciation and other amortization of ¥4.754 billion (down 6.6% from the previous fiscal year), and income taxes paid of ¥13.816 billion (up 3.4% from the previous fiscal year).

Net cash provided by (used in) investing activities

Funds used in investment activities amounted to ¥9.074 billion. This was mainly due to purchases of property, plant and equipment of ¥4.100 billion (up 263.8% from the previous fiscal year), a net increase in time deposits of ¥3.600 billion (up 260.0% from the previous fiscal year), and purchases of investment securities of ¥1.001 billion (- billion in the previous fiscal year).

Net cash provided by (used in) financing activities

Funds used in financing activities amounted to ¥17.121 billion. This was mainly due to dividend payments of ¥17.323 billion (up 21.8% from the previous fiscal year).