Consolidated Statements of Cash Flows

Years Ended March 31, 2004, 2003 and 2002

 

Millions of Yen
Thousands
U.S. Dollars
 
2004
2003
2002
2004
I. Cash Flows From Operating Activities:
 
 
 
 
 Income before taxes
¥1,748
¥1,367
¥969
$16,542
 Depreciation and amortization
384
318
278
3,638
 Interest and dividend income
(25)
(20)
(15)
(232)
 Interest expense
41
41
44
383
 Loss on disposal of property, plant and equipment
8
6
36
73
 Decrease (increase) in accounts receivable-trade
(149)
(45)
12
(1,405)
 Increase (decrease) in accounts payable-trade
302
472
148
2,854
 Decrease (increase) in inventories
(30)
(21)
(4)
(284)
 Other, net
382
87
117
3,608
 Sub-total
2,661
2,205
1,585
25,177
 Interest and dividend income recieved
1
0
2
9
 Interest paid
(40)
(40)
(44)
(377)
 Payments of income taxes
(838)
(553)
(372)
(7,931)
Net cash provided by operating activities:
1,784
1,612
1,171
16,878
II. Cash Flows From Investing Activities:
 
 
 
 
Payments for deposit
(254)
(272)
(252)
(2,403)
Proceeds from repayment of deposit
259
252
252
2,451
Payments for purchase of property, plant and
equipment
(1,499)
(2,073)
(477)
(14,179)
Proceeds from sales of property, plant and
equipment
77
2
9
731
Payments for purchase of intangible fixed assets
(12)
(17)
(12)
(114)
Payments for purchase of investment in securities
(23)
(122)
-
(218)
Proceeds from sales of investment in securities
27
-
1
259
Payments for guarantee deposits for rental facilities
(1,093)
(565)
(539)
(10,341)
Proceeds from guarantee deposits for rental facilities
259
188
190
2,450
 Other, net
(165)
(42)
(40)
(1,571)
Net cash used in investing activities
(2,424)
(2,649)
(868)
(22,935)
III. Cash Flows From Financing Activities
 
 
 
 
Increase (decrease) in short-term debt
-
-
(150)
-
Proceeds from long-term debt
800
800
500
7,569
Repayment of long-term debt
(688)
(557)
(514)
(6,509)
Proceeds from issuarance of common stock
1,720
1,448
158
16,280
Purchase of treasury stock
(12)
(14)
(48)
(118)
Proceeds from treasury stock
1
101
13
12
Cash dividends paid
(251)
(137)
(77)
(2,386)
Net Cash provided by (used in) financing activities
1,570
1,641
(118)
14,848
IV. Net (decrease) increase in cash and cash equivalents
930
604
185
8,791
V. Cash and cash equivalents at beginning of year
1,098
494
309
10,394
VI. Cash and cash equivalents at end of year
¥2,028
¥1,098
¥494
$19,185