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Moving on to cash flows, we see that net cash provided by operating activities declined 78.4 billion yen year on year to total a negative 0.5 billion yen. Factors behind this drop include increased trade accounts receivable and inventory assets due to a higher production volume, compared to what it was immediately after the March 11 earthquake, on top of a decline in overall profitability.
Net cash used in investment activities rose 34.6 billion yen year on year to a negative 3.7 billion yen due to a gain on the sale of the Subaru Building.
Free cash flows decreased by 43.8 billion yen to reach a negative 4.2 billion yen.
Net cash used in financing activities increased 83.1 billion yen to total 30.7 billion yen as a result of an increase in loans payable.
Cash and cash equivalents increased 81.8 billion to total 248.0 billion yen. |
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