H-ONE CO., LTD.

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Consolidated Cash Flow Statement

(Million Yen)

FY2025
(April 1, 2024-
March 31,2025)
FY2026
(April 1, 2025-
March 31,2026)
Cash flows from operating activities
Profit before tax 10,827 15,270
Depreciation and amortization 9,582 9,782
Impairment loss on non-financial assets 887 1,307
Finance income △608 △513
Finance costs 1,786 1,696
Share of loss (profit) of investments accounted for using equity method △554 △1,072
Loss (gain) related to fixed assets △154 △410
Loss on disposal of non-current assets 95 95
Decrease (increase) in trade and other receivables 1,845 8,233
Decrease (increase) in inventories 342 △2,306
Increase (decrease) in trade payables △2,015 11
Increase (decrease) in retirement benefit liability △808 △1,139
Other 2,315 △504
Sub total 23,541 30,448
Interest income received 303 215
Dividend income received 608 726
Interest expenses paid △1,686 △1,604
Income taxes paid △1,687 △1,186
Net cash flows from operating activities 21,079 28,599
Cash flows from investing activities
Purchase of property, plant and equipment △16,180 △25,923
Proceeds from sales of property, plant and equipment 322 2,038
Purchase of intangible assets △44 △34
Purchase of other financial assets △138 △66
Sales of stocks of subsidiaries resulting
in changes in the scope of consolidation
2,928
Other △37 133
Net cash flows from investing activities △13,149 △23,851
Cash flows from financial activities
Net increase (decrease) in short-term borrowings △1,888 △19,621
Proceeds from long-term borrowings 13,068 34,242
Repayments of long-term borrowings △17,156 △16,805
Repayments of lease liabilities △770 △686
Purchase of treasury shares △0 △0
Dividends paid △588 △1,938
Dividends paid to non-controlling interests △2 △35
Net cash flows from financial activities △7,338 △4,846
Effect of exchange rate changes on cash and cash equivalents △173 3,129
Net increase (decrease) in cash and cash equivalents 417 3,031
Cash and cash equivalents at beginning of period 18,892 19,310
Cash and cash equivalents at end of period 19,310 22,341
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