Securing funding liquidity, including commitment lines

「Cash flows from operating activities for the fiscal year amounted to net inflows of ¥2,443 million, due to depreciation and other non-cash transactions and changes in working capital, in addition to profit before taxes.」

「Cash flows from operating activities during the interim accounting period amounted to net inflows of ¥946 million, compared with net inflows of ¥468 million in the previous interim accounting period.」

「Cash flows from operating activities during the interim accounting period amounted to net inflows of ¥468 million, compared with net inflows of ¥542 million in the previous interim accounting period.」

「Cash flows from operating activities for the fiscal year amounted to net inflows of ¥1,936 million, compared with net inflows of ¥1,073 million in the previous fiscal year.」

「Cash flows from operating activities during the cumulative second quarter amounted to net inflows of ¥542 million, compared with net inflows of ¥273 million in the cumulative second quarter of the previous fiscal year. This was mainly due to quarterly profit before taxes, depreciation and amortization, and changes in working capital.」

「Cash flows from operating activities for the fiscal year amounted to net inflows of ¥1,073 million, due to depreciation and other non-cash transactions and changes in working capital, in addition to profit before taxes.」

「Liabilities decreased by ¥310 million from the end of the previous fiscal year to ¥17,508 million. The main factors were a ¥148 million increase in accounts payable, and decreases of ¥169 million in income taxes payable, ¥180 million in long-term borrowings and ¥170 million in lease liabilities recorded under “Other” non-current liabilities.」

「Cash flows from financing activities during the cumulative second quarter amounted to net outflows of ¥231 million, compared with net outflows of ¥375 million in the cumulative second quarter of the previous fiscal year. This was mainly due to repayments of long-term borrowings and lease liabilities.」

「The long-term, stable funds obtained through this financing were allocated to repaying existing borrowings and short-term payment obligations, among other uses, reducing current liabilities by ¥1,495 million from the end of the previous fiscal year. As a result, the current ratio recovered to 199.5%, while the fixed asset-to-long-term capital ratio improved by 17.3 percentage points to 88.6%.」

「Cash flows from investing activities amounted to net inflows of ¥2,227 million, mainly due to the maturity and redemption of securities held at the end of the previous fiscal year.」

「Cash flows from investing activities during the cumulative second quarter amounted to net inflows of ¥2,012 million, compared with net inflows of ¥2,956 million in the cumulative second quarter of the previous fiscal year. This was mainly attributable to proceeds from the redemption of securities.」

「The Company relies primarily on cash flows from operating activities as its source of funds and believes that these internally generated funds are sufficient to cover ordinary business activities, capital investment, debt repayments, corporate taxes and dividends. In addition, it has established commitment lines and other facilities with financial institutions to prepare for sudden funding needs and unforeseen circumstances.」

「The Company relies primarily on cash flows from operating activities as its source of funds and believes that these internally generated funds are sufficient to cover ordinary business activities, capital investment, debt repayments, corporate taxes and dividends. In addition, it has established commitment lines and other facilities with financial institutions to prepare for sudden funding needs and unforeseen circumstances.」