Cash Flow

Latest Update : Jun.11, 2018

* MinebeaMitsumi has adopted Japanese GAAP.

(Millions of yen)
  FY3/2014FY3/2015FY3/2016FY3/2017 *1FY3/2018
Income before income taxes and minority interests 26,81151,77346,96348,47371,230
Depreciation and amortization 23,74028,77534,78728,16431,596
Impairment loss 1,107109213,9215,474
Amortization of goodwill 9175829691,0991,245
Business restructuring losses 53200---
Loss on disaster -5137--
Settlement loss of retirement benefit plan - 3,115 1,465 - -
Loss related to Anti-Monopoly act - 2,137 17 - -
Insurance income -328-50-3,337--
Government subsidy - - -973 - -
Equity in net (income) loss of affiliate 777-152150-
Interest and dividends income -747-778-707-665-1,167
Interest expenses 2,1381,5041,168878682
Settlement loss ---1,096123
Loss on bonds redemption ---6,196-
Gain on bargain purchase ----14,619-
(Gain) loss on sales of fixed assets 5-73-18-44-135
Loss on disposal of fixed assets 149 465 118 1,926 1,268
Loss on reduction of fixed assets - - 928 - -
(Gain) loss on sales of investments in securities -53----15
Loss (gain) on liquidation of affiliates ---831,270 -
Loss (gain) on sales of affiliates -1,2301,097--273-
Gain on extinguishment of tie-in shares -----54
(Increase) decrease in notes and accounts receivable -8,038-24,32211,176-15,1795,806
(Increase) decrease in inventories -1,139-18,430-21,11925,847-23,887
Increase (decrease) in notes and accounts payable 9,42423,978-19,0196,47810,152
Increase (decrease) in allowance for doubtful receivables 310-704657-1
Increase (decrease) in accrued bonuses 7439173441,0642,772
Increase (decrease) in accrued bonuses to directors 1937-21-549
Increase (decrease) in net defined benefit liability 5,942-851-299-721-486
Increase (decrease) in allowance for retirement benefits -6,942----
(Increase) decrease in prepaid pension cost 1,013----
Increase (decrease) in provision for environmental remediation expenses -129-298-24-184-189
Increase (decrease) in provision for retirement benefits for executive officers -13164-1113
Increase (decrease) in provision for after-care of products -345-43-26759
Increase (decrease) in provision for business restructuring losses -221247-360-11976
Others -1,902-2,0797,446902,964
Sub-total 52,30368,38058,85795,131108,076
Proceeds from insurance income 413-2,904--
Interest and dividends received 7247556846991,136
Interest paid -2,122-1,498-1,158-921-820
Payments related to Anti-Monopoly Act - - -2,164 - -
Income taxes paid -2,758-7,801-15,764-12,487-12,952
Proceeds from income taxes refund 612272237031,165
Cash flow from operating activities 49,17359,86443,58283,12596,606
Payments into time deposits -15,637-10,227-16,418-19,297-21,285
Proceeds from withdrawal of time deposits 12,73711,69014,01915,95119,761
Purchase of securities -458 -100 - -13,896 -
Proceeds from sales of securities 282 204 34 29 -
Purchase of tangible fixed assets -18,342-34,979-40,136-29,216-50,775
Proceeds from sales of tangible fixed assets 9525996642,4201,339
Purchase of intangible assets -860-2,577-2,243-2,063-966
Purchase of investments securities -603-453-1,650-1,997-1,919
Proceeds from sales of investments securities 161683811123
Proceeds from redemption of investment securities -1,1011,4381,4731,822
Purchase of investments in subsidiaries --400---
Proceeds from sales of affiliates -1,314-1,249-
Purchase of shares of subsidiaries and affiliates -615-392---
Expenditure due to the acquisition of subsidiary shares that accompanies change in the scope of consolidation -1,888-2,219-257-1,032-7,717
Proceeds from purchase of investments in subsidiaries resulting in change in scope of consolidation - 49 - - -
Proceeds from sales of investments in shares of subsidiaries resulting in change in scope of consolidation - 1,261 - - -
Long-term loans receivables -328-125-216-296-71
Recovery of long-term loans receivables 93197115122161
Others -450-340-30-25773
Cash flow from investing activities -24,957-35,326-44,642-46,800-59,453
Net increase (decrease) in short-term debt -17,568-7,84322,109-39,47010,253
Proceeds from long-term debt 15,0007,850-39,0051,000
Repayment of long-term debt -19,654-15,764-20,897-13,481-18,560
Proceeds from issuance of bonds ---14,680-
Payment for redemption of bonds ----10,000-
Payment for redemption of bonds with subscription rights to shares -256----
Purchase of treasury stock -262-21-8-14-8,377
Proceeds from disposal of treasury stock 3924747009371,341
Cash dividends paid -2,613-4,109-5,983-6,368-8,410
Cash dividends paid to non-controlling interests ----62-32
Payments from changes in ownership interest in subsidiaries that do not result in change in scope of consolidation ----2,486 -4,111
Repayment of lease obligations -269-211-119-78-125
Others 0 0 - 0 -2
Cash flow from financing activities -25,233-19,627-4,200-17,339-27,026
Effect of exchange rate changes on cash and cash equivalents 2,1232,196-1,735-1,765-533
Net increase (decrease) in cash and cash equivalents 1,1067,106-6,99617,2189,592
Cash and cash equivalents at beginning of year 28,22329,03136,13729,14178,832
Increase (decrease) in cash and cash equivalents resulting from change of scope of consolidation -298 - - - -
Increase in cash and cash equivalents from newly consolidated subsidiary - - - 32,472 -
Increase in cash and cash equivalents resulting from consolidation of unconsolidated subsidiaries - - - - 186
Increase in cash and cash equivalents resulting from merger with unconsolidated subsidiaries ----92
Cash and cash equivalents at end of year 29,03136,13729,14178,83288,704
  • *1 We have started to consollidate MITSUMI ELECTRIC from January 27, 2017.
  • * There are some data without continuity due to changes in accounting standards of consolidated financial statements.

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