Investor Relations

Millions of Yen

For the years ended March 31, 2021 and 2020 2021 2020
Income before income taxes 410 -1,084
Depreciation and amortization 197 213
Changes in other non-cash expenses and income -544 -128
Changes in trade notes and account receivables -1,732 1,068
Changes in advances received 244 -348
Changes in inventories 186 270
Changes in trade notes and account payables -809 791
Income taxes paid -29 -387
Other 379 -360
Cash flows from operating activities -1,697 35
Cash flows from investing activities 207 115
Cash flows from financing activities 483 -109
Effect of foreign exchange rates on cash and cash equivalents 1 -1
Net increase/decrease in cash and cash equivalents -1,005 39
Cash and cash equivalents, beginning of year 4,322 4,282
Cash and cash equivalents, end of year 3,317 4,322