(thousands of yen)
2022/62023/6
Cash flows from operating activities
Profit (loss) before income taxes-342,479615,104
Depreciation61,06468,053
Loss (gain) on valuation of investment securities6,59711,159
Amortization of goodwill70,76274,126
Increase (decrease) in allowance for doubtful accounts-152
Interest and dividend income-86-79
Interest expenses6,94914,866
Decrease (increase) in trade receivables-399,100-140,455
Decrease (increase) in inventories-62,769-137,248
Decrease (increase) in prepaid expenses-15,499-20,945
Increase (decrease) in trade payables58,00358,447
Loss (gain) on sale of investment securities--345,600
Loss (gain) on sale of non-current assets--2,124
Loss on retirement of non-current assets6,6410
Subsidy income-6,746-3,258
Increase (decrease) in accounts payable - other75,11016,299
Increase (decrease) in accrued expenses35,489128,860
Increase (decrease) in accrued consumption taxes35,83134,894
Decrease (increase) in consumption taxes refund receivable-73,98676,978
Commitmentline expense21,74827,671
Loss (gain) on valuation of derivatives--219,900
Other, net70,41413,306
Subtotal-452,054270,309
Interest and dividends received8679
Interest paid-6,949-14,866
Income taxes paid-21,776-65,833
Income taxes refund79,3450
Subsidies received6,7463,258
Net cash provided by (used in) operating activities-394,601192,948
Cash flows from investing activities
Purchase of property, plant and equipment-55,651-34,337
Proceeds from sale of property, plant and equipment-2,124
Proceeds from sale of investment securities-345,600
Purchase of intangible assets-33,170-
Payments of leasehold and guarantee deposits-62,533-211,665
Payments for acquisition of businesses-125,299-
Purchase of investment securities--15,000
Proceeds from refund of leasehold and guarantee deposits3,1774,047
Other, net-1,326-3,590
Net cash provided by (used in) investing activities-274,80287,176
Cash flows from financing activities
Proceeds from issuance of shares resulting from exercise of share acquisition rights2,49110,693
Arrangement fees and others paid-22,382-27,704
Proceeds from short-term borrowings1,700,0008,002,000
Repayments of short-term borrowings-900,000-7,302,000
Repayments of long-term borrowings-631,619-247,656
Repayments of lease liabilities-18,622-13,766
Other, net--52
Net cash provided by (used in) financing activities129,867421,514
Effect of exchange rate change on cash and cash equivalents12,008259
Net increase (decrease) in cash and cash equivalents-527,528701,899
Cash and cash equivalents at beginning of period1,469,224941,696
Cash and cash equivalents at end of period941,6961,643,596