Overview of financial results for FY2020

As of the end of the fiscal year under review, cash and cash equivalents amounted to ¥13,354 million, an increase of ¥932 million from September 30, 2019. Cash flow by activity and principal factors in the fiscal year under review were as follows.

Net cash provided by operating activities was ¥3,292 million (inflow of ¥4,007 million in the previous fiscal year). This is mainly a reflection of profit before income taxes and depreciation, which more than offset income taxes paid.

Net cash used in investing activities stood at ¥4,807 million (outflow of ¥3,613 million in the previous fiscal year). Principal factors included payments for acquisition of businesses and the acquisition of intangible assets (mainly purchase of software).

Net cash provided by financing activities came to ¥2,449 million (inflow of ¥1,532 million in the previous fiscal year). Principal factors included proceeds from long-term borrowings, which more than offset dividends paid.

Consolidated statements of cash flows
(Millions of yen)
2016/9 2017/9 2018/9 2019/9 2020/9
Net cash provided (used in) operating activities 4,845 3,442 4,549 4,007 3,292
Net cash provided (used in) investing activities (1,327) (3,874) (3,322) (3,613) (4,807)
Net cash provided (used in) financing activities (2,469) (2,068) (855) 1,532 2,449
Cash and cash equivalents at end of period 12,613 10,133 10,504 12,421 13,354