Note : This document has been translated from the Japanese original for reference purposes only. In the event of any
discrepancy between this translated document and the Japanese original, the original shall prevail.
May 13,2024

Summary of Consolidated Financial Results
for the Fiscal year Ended March 31, 2024 (unaudited)
Company name:
URL:
Representative:
Contact:
Phone:
General meeting of stockholders to be held:
Statutory annual report to be presented:(Code No.3864 Tokyo Stock Exchange)
Mitsubishi Paper Mills Limited
https://www.mpm.co.jp/
Ryuichi Kisaka, President and Chief Executive Officer
Daisuke Yamada, General Manager, Strategy Planning Division+81-3-5600-1488
June 27,2024
Start of dividend payout: June 10,2024
June 27,2024(Amounts of less than one million yen are rounded down.)
1. Consolidated Financial Results for the Fiscal year Ended March 31, 2024
(April 1, 2023 to March 31, 2024)(1) Consolidated Operating Results(% indicates changes from the previous corresponding period.)
Profit attributable to
Net sales
Operating income
Ordinary income
owners of parent
Million yen

FY2023
FY2022
Note: Comprehensive income%

Million yen%

Million yen

193,462 (7.7)
5,410 458.7
209,542 15.2
968
FY2023 ¥19,089 million

7,098 129.7
3,089
57.3
FY2022

Profit per share

Diluted profit per
share

Ratio of profit toshareholders'equity

Yen

Yen

%

FY202395.28
FY2022(12.97)
Note: Equity in earning of affiliates-

Million yen

%

4,170
(571)
¥2,628 million-

Ratio of ordinary
Ratio of operating
income to total
income to net sales
assets%5.1(0.8)¥658 million

FY2023

%

%

3.1
1.4
FY20222.8
0.5¥670 million(2) Consolidated Financial Condition

FY2023
FY2022
Note: Shareholders' equity

Shareholders'equity ratio

Total assets

Net assets

Million yen

Million yen

235,380
227,058

90,95472,041¥90,932 million

FY2023

Net assets per share

%

Yen

38.6
31.7

2,076.52
1,646.59¥72,028 million

FY2022(3) Consolidated Cash Flow
Cash flows fromoperating activities

Cash flows frominvesting activities

Cash flows fromfinancing activities

Cash and cash
equivalents at end of
periodMillion yen

Million yen

Million yen

Million yen

13,487(2,721)

3,827(3,565)(16,264)
5,209

10,0098,325

FY2023
FY2022
2. Dividends

Dividend per share
End of 1Q End of 2Q End of 3Q End of FY Annual
Yen

Yen

Yen

Yen

Total dividend(Annual)Yen

Million yen

Dividend
Dividend
payout ratio
on net assets(Consolidated) (Consolidated)%%

FY2022
223
0.3
0.00
5.00
5.00
FY2023
446
10.5
0.5
0.00
10.00
10.00
FY2024(Forecast)
0.00
10.00
10.00
Note: The year-end dividend per share for fiscal year ended March 31,2024 has been changed from 5 yen to 10 yen.
For details, please refer to the “Notice on Revision of Dividend Forecast” announced today (May 13, 2024).
3. Consolidated Financial Results Forecast for the Fiscal Year Ending March 31, 2025
(April 1, 2024 to March 31, 2025)(% indicates changes from the previous corresponding period.)
Profit attributable toEarnings
Net sales
Operating income
Ordinary income
owners of parent
per share
Million yen

First half
Full year%

Million yen

94,000 (2.8)
197,000 1.8

2,500
8,000

%

25.3
47.9

Million yen

2,500
8,000

%

(29.1)
12.7

Million yen

1,500
8,000

%

(8.5)
91.8

Yen

34.19
182.33

4. Notes(1) Changes in significant subsidiaries during the period(witch caused changes in scope of consolidation):
New: None
Excluded: 1Company（Company name）Kitakami HiTec Paper Corp.

Yes(2) Changes in accounting policies, changes in accounting estimates and retrospective restatement
1) Changes in accounting policies due to the revision of accounting standards:
None2) Changes in accounting policies other than 1) above:None3) Changes in accounting estimates:
Yes
4) Retrospective restatement:None(3) Total number of issued shares (common shares)
1) Total number of issued shares at the end of the period (including treasury shares):
FY202344,741,433 shares
FY2022
44,741,433 shares2) Total number of treasury shares at the end of the period:
FY2023
950,850 shares
FY2022997,361 shares
3) Average number of shares during the period:
FY2023
43,772,000 shares
FY202244,095,288 shares
Notes： The Company has adopted a BIP (Board Incentive Plan) trust, assuming the number of shares held by thetrust are included in the number of treasury stock of “(3) Total number of issued shares (common shares)”.
(Reference)
1. Results for the Year Ended March 31, 2024 (April 1, 2023 to March 31, 2024)(1) Non-consolidated Operating Results(% indicates changes from the previous corresponding period.)
Net sales
FY2023
FY2022

Operating income

Ordinary income

ProfitMillion yen%

Million yen%

Million yen%

Million yen%

103,170
107,191

(3.8)
11.9

4,913
(1,361)

-

7,538
2,086

261.2
(54.5)

60
708(91.4)(60.5)

Profit per share

Diluted profit
per share

Yen

Yen

1.39
16.06

-

Total assets

Net assets

Million yen

Million yen

FY2023
FY2022(2) Non-consolidated Financial Condition

FY2023
FY2022
Note: Shareholders' equity

158,044
168,320
FY202351,03849,789¥51,038 million

Shareholders'equity ratio

Net assets per share

%

32.3
29.6
FY2022

Yen

1,165.22
1,137.91¥49,789 million* This financial results report is exempt from being audited by Certified Public Accountants or an Audit Firm.
* Explanation of the proper use of financial results forecast and other notes
The earnings forecasts and other forward-looking statements herein are based on information currently
acquired by the Company and certain assumptions assessed to be reasonable. Actual results may differ
significantly from these forecasts due to a wide range of factors.

Contents of Attachments
1. Overview of Operating Results, etc. ............................................................................................................................ 2(1) Overview of Operating Results .............................................................................................................................. 2(2) Overview of Financial Position .............................................................................................................................. 4(3) Overview of Cash Flows ........................................................................................................................................ 4(4) Future Outlook ....................................................................................................................................................... 5(5) Basic Policy for Dividends and Dividends for the Fiscal Year under Review and the Next Fiscal Year ................ 5
2. Basic Policy for the Selection of Accounting Standards .............................................................................................. 5
3. Consolidated Financial Statements .............................................................................................................................. 6(1) Consolidated Balance Sheet ................................................................................................................................... 6(2) Consolidated Statements of Income and Comprehensive Income .......................................................................... 8(3) Consolidated Statements of Cash Flows............................................................................................................... 10―1―

1. Overview of Operating Results, etc.
(1) Overview of Operating Results
During the fiscal year ended March 31, 2024, the business environment surrounding the Group continued to recover, mainly due tothe normalization of social activities and a recovery in inbound demand. Meanwhile, the high degree of uncertainty remained,reflecting the high prices of raw materials and fuels, mainly linked to growing geopolitical risks such as the prolonged Russian
military invasion of Ukraine and rising tensions in the Middle East, the impact of global monetary tightening, concerns regarding
the future of the Chinese economy, the continuing weakening of the yen and other factors.
Under these circumstances, the Group took steps to improve productivity and reduce costs, while in terms of sales, it sought to revise
product prices and expand sales of new products.
In addition, the Group instituted the following initiatives in line with the basic policy of the Medium-Term Management Plan (forthe fiscal year ended March 31, 2023 to the fiscal year ending March 31, 2025) in order to enhance its corporate value.

(i) Strengthen our earning capacity by “selection and concentration” strategies and “expansion of new business”
The Group is strongly promoting the expansion of its growth businesses, namely the functional non-woven fabrics-related businessand the electronics-related field, to grow its business. The Group will continue to invest intensively in the functional materials
business to steadily increase sales and profits and make it its core business. In addition, in the course of structural reforms based on
the selection and concentration strategies, the Group worked to restructure its organizations through efforts such as the integrationof subsidiaries into the Company and the merger of subsidiaries with each other, while simultaneously selling the business of theFlensburg Mill of the Germany subsidiary and transferring the sports club operation business and other businesses including thermal
paper converting. The Group will continue to proceed with its organizational transformation to bolster its profitability and strengthen
corporate governance.
(ii) Contribution to green society
Aiming for the sustainable growth of the Group, the medium- to long-term enhancement of its corporate value and contribution tosociety, the Group is promoting information disclosure in line with the recommendations of the TCFD (Task Force on Climaterelated Financial Disclosures) regarding both the risks and opportunities that climate change poses to its business. With regard to its
initiatives to reduce CO2 emissions, the Group participated in the GX League (GX: green transformation) to advance the initiatives
to reach the target for 2030 that the Group has pledged to achieve in order to realize a carbon-neutral society.
In terms of the sales expansion of environmentally friendly products, the Group is seeking to expand sales of kraft paper and barrier
paper, which are in strong demand for use in paper bags for mail order and take-out meals. The Group will contribute to reducing
and eliminating the use of plastic and realizing a safe and comfortable sustainable society.
(iii) Organizational change to promote sustainability
Under the Mitsubishi Paper Mills Group Basic Sustainability Policy, the Group will strive to enhance its corporate value by earning
trust and support from its stakeholders while also helping to address a range of social issues, with a view toward realizing asustainable society. In addition, it has established the Mitsubishi Paper Mill’s Forest with Nissy & Kassy program with the aim ofhelping the Group’s shareholders increase their understanding of the current status of the Group’s business activities and initiatives
to promote sustainability, and encouraging shareholders’ involvement in these initiatives. Additionally, the Group has decided to
publish integrated reports in place of its corporate reports. By further enhancing the content of its corporate reports, it will work todisclose more detailed information, thereby ensuring that all stakeholders understand all of the activities of the Group.
The Group has renewed its core systems and built a new group-unifying IT infrastructure. The Group will continue to push forwardwith the introduction of digital technologies at its facilities, including plants, improving operational efficiency and increasing worksafety, while implementing digital transformation initiatives that will enhance corporate value.

As a result, consolidated net sales for the fiscal year was 193,462 million yen (down 7.7％ year on year).

―2―

On the profitability side, consolidated operating income came to 5,410 million yen (compared to 968 million yen in the previous
fiscal year), and consolidated ordinary income was 7,098 million yen (compared to 3,089 million yen in the previous fiscal year),reflecting the effects of product price revisions and cost reductions implemented to respond to the surging prices of raw materials
and fuels. Profit attributable to owners of parent was 4,170 million yen (compared to a loss of parent of 571 million yen in theprevious fiscal year).
Operating results by segment are as follows:
In the fiscal year under review, the Company has reviewed the composition of each reportable segment in accordance with thereorganization of the Group and the organizational change of the Company effective April 1, 2023 and changed the segment for
information and specialty paper, including businesses operated in Germany, from the sustainable fiber materials business to thefunctional materials business and the segment to which Kitakami site products (photographic base paper) belong from the functional
materials business to the sustainable fiber materials business.
(Million yen)
Net sales

Reportable
Segments

Operating income (loss)

Fiscal year
ended March
31, 2023

Fiscal year
ended March
31, 2024

Change (%)

Fiscal year
ended March
31, 2023

Fiscal year
ended March
31, 2024

Change (%)

Functional materials

109,967

97,351(11.5)

3,176

4,053

27.6

Sustainable fiber
materials

101,668

97,511(4.1)(2,423)

1,177

‒

Total

211,636

194,863

(7.9)

752

5,231

594.9

Others

5,303

5,628

6.1

120

245

104.1

Total

216,939

200,491

(7.6)

873

5,476

527.3

95

(66)

(7.7)

968

5,410

Adjustment (Note)(7,397)(7,029)Total

209,542

193,462458.7(Note) Adjustment is mainly related to internal transactions.

(Functional materials business)
In industrial materials-related products, sales of separators for energy storage devices, rewrite media and tape base paper rose fromthe previous year, but sales of air filters, water treatment base materials and decorative laminate base paper decreased from theprevious year.
In the imaging media-related business, revenue from inkjet paper fell below the level a year ago, reflecting a decrease of sales volume.
The sales volume of special dry film resists increased year on year, but in monetary terms, sales were lower than in the previous year.
In the information media-related business, the sales volumes of thermal paper, carbonless paper and PPC paper were lower than theprevious year, but in monetary terms, their sales rose year on year due to the effect of price revisions.
Regarding businesses operated in Germany, both sales volume and value declined, due mainly to the impact of decreasing demandcaused by concerns about an economic recession.
As a result, the functional materials business as a whole posted lower sales but higher profits.
In the industrial materials-related business, the Group will seek to enhance its competitiveness through the continued improvementof quality and strengthen sales globally leveraging its overseas bases. In addition, it will work to tap into demand related toapplications in growth areas, for example, water treatment base materials for use in the manufacturing industry and desalination
plants, separators for energy storage devices for use in electric double layer capacitors and condensers and filters for use in total heatexchange equipment.
In the imaging media-related business, the Group will work to expand sales of special dry film resists not only for communication
applications but also in-vehicle related applications, as the market is expected to grow going forward. In the imaging media-related
business, although demand for image output and printing is declining, the Group will work to increase sales volume by expanding―3―

sales of products for signage labeling and industrial inkjet and promoting sales in developing countries in Asia, while seeking to
improve profitability by working to build an appropriate production system.
Regarding the information media-related business, the Group will continue to work to stabilize earnings while simultaneously
seeking to increase sales of added value products, for example, thermal paper for the POS market and PPC paper for FSC-certified
paper products.
Regarding businesses operated in Germany, the Group will continue trying to stabilize profitability by facilitating business structuralreform programs at the Bielefeld Mill.

(Sustainable fiber materials business)
In the domestic market for printing paper, while sales volume decreased compared to a year ago due to a fall in demand, revenue
increased due to the effect of price revisions. Given the market environment in which the yen remained weak, exports increased year
on year in both volume and monetary terms. With respect to the production system, the Group has been working on efficient
production and inventory reduction while simultaneously assessing demand trends.
Commercial pulp recorded a decline in terms of both sales volume and sale value due to an accident that involved production
equipment.
As a result, the sustainable fiber materials business as a whole posted lower sales but higher profits.
In the domestic market, the Group has been working to maintain prices and optimize the production system and inventory level. In
addition, it has been expanding sales of kraft paper and environmentally friendly wrapping paper with barrier and heat-sealing
properties (barricote® paper) by establishing a track record of use, reflecting the strong demand for plastic-free and reduced-plastic
products against the backdrop of increasing environmental awareness. In addition, the Group will aim to stabilize revenue in thesustainable fiber materials business by seeking to maximize synergies at both Hachinohe and Kitakami Mills and reduce costs ateach factory.

(2) Overview of Financial Position
Assets at the end of the consolidated fiscal year under review amounted to 235,380 million yen, up 8,321 million yen from the endof the previous consolidated fiscal year, due to increases in variation difference on investment securities and retirement benefit assets,
despite decreases in property, plant and equipment and inventories.
Total liabilities came to 144,425 million yen, down 10,590 million yen from the end of the previous fiscal year, chiefly attributableto decreases in loans payable and commercial paper.
Net assets increased 18,912 million yen from the end of the previous fiscal year, to 90,954 million yen, mainly due to the posting of
an increase in remeasurements of defined benefit plans.
The equity ratio was 38.6%, up 6.9 percentage points from the end of the previous fiscal year.

(3) Overview of Cash Flows
Cash and cash equivalents at the end of the fiscal year totaled 10,009 million yen, an increase of 1,683 million yen from the end of
the previous fiscal year.
(Cash flows from operating activities)
Cash generated from operating activities amounted to 13,487 million yen, an increase of 16,208 million yen year on year. Major
inflows were depreciation of 7,727 million yen and a 9,497 million yen decrease in inventories, while a major outflow was a 3,336
million yen decrease in trade payables.
(Cash flow from investing activities)
Cash generated from investing activities amounted to 3,827 million yen, an increase of 7,393 million yen year on year. Major inflows
were proceeds from the sale of property, plant and equipment and intangible assets of 2,931 million yen and proceeds from the sale―4―

of investment securities of 3,184 million yen. A major outflow was due to the purchase of property, plant and equipment andintangible assets of 1,682 million yen.
(Cash flows from financing activities)
Cash used in financing activities totaled 16,264 million yen, an increase of 21,474 million year on year. This was mainly due to adecrease in loans payable.

(4) Future Outlook
The consolidated results forecasts for the fiscal year ending March 31, 2025 are net sales of 197,000 million yen, operating incomeof 8,000 million yen, ordinary income of 8,000 million yen, and profit attributable to owners of parent of 8,000 million yen.
The consolidated results forecasts above are based on assumed exchange rates of 150 yen to the U.S. dollar and 160 yen to the euro.
The forecasts are based on the information currently available to the Company and include risks and uncertainties. Please note that
actual results may be different due to various factors such as subsequent changes in business environment.

(5) Basic Policy for Dividends and Dividends for the Fiscal Year under Review and the Next Fiscal Year
The Company’s basic policy regarding dividends of surplus and the like is to regard the distribution of profits to shareholders as a
key management issue and maintain stable dividends while comprehensively considering business performance in each businessyear and internal reserves necessary to prepare for future management initiatives.
For the fiscal year under review, the Company plans to pay a year-end dividend of 10 yen per share, an increase of 5 yen from theprevious fiscal year, after comprehensively considering its policy of maintaining stable dividends and recent performance trends.
For the next fiscal year, the Company plans to pay a year-end dividend of 10 yen per share under the basic policy above.

2. Basic Policy for the Selection of Accounting Standards
Taking into account the comparability of consolidated financial statements between periods and companies, the Group intends to prepare
consolidated financial statements in accordance with Japanese standards in the foreseeable future.
The Group’s policy is to take appropriate actions in consideration of future trends regarding the adoption of IFRS by other domestic
companies.

―5―3. Consolidated Financial Statements(1) Consolidated Balance Sheets(Million yen)

AssetsCurrent assets
Cash and deposits
Notes receivable - trade
Accounts receivable - trade
Merchandise and finished goods
Work in process
Raw materials and supplies
Other
Allowance for doubtful accounts
Total current assets
Non-current assets
Property, plant and equipment
Buildings and structures, net
Machinery, equipment and vehicles, net
Land
Leased assets, net
Construction in progress
Other, net
Total property, plant and equipment
Intangible assets
Other
Total intangible assets
Investments and other assets
Investment securities
Long-term loans receivable
Net defined benefit asset
Deferred tax assets
Other
Allowance for doubtful accounts
Total investments and other assets
Total non-current assets
Total assets―6―

FY2022

FY2023

Mar 31,2023

Mar 31,2024

8,325

10,0098,074

10,49338,47037,642

25,25723,092

6,322

6,744

18,49812,007

4,166

1,981

(92)

(40)

109,024

101,930

19,703

17,327

34,91830,866

20,625

20,317

1,138

763

733

1,018

1,135

1,008

78,25671,301

2,379

1,954

2,379

1,954

21,60526,376765

315

12,03531,680

2,132

999

923

901

(64)

(78)

37,39860,194

118,034

133,450

227,058

235,380

(Million yen)

Liabilities
Current liabilities
Notes and accounts payable - trade
Electronically recorded obligations
Short-term loans payable
Commercial paper
Lease obligations
Accrued expenses
Income taxes payable
Contract liabilities
Provision for loss on transfer of business
Other
Total current liabilities
Non-current liabilities
Long-term loans payable
Lease obligations
Deferred tax liabilities
Provision for share awards
Provision for directors' retirement benefits
Net defined benefit liability
Asset retirement obligations
Other
Total non-current liabilities
Total liabilities
Net assets
Shareholders’ equity
Capital stock
Capital surplus
Retained earnings
Treasury shares
Total shareholders’ equity
Accumulated other comprehensive income
Valuation difference on available-for-sale securities
Foreign currency translation adjustment
Remeasurements of defined benefit plans
Total accumulated other comprehensive income
Non-controlling interests
Total net assets
Total liabilities and net assets

FY2022

FY2023

Mar 31,2023

Mar 31,2024

28,710―7―

24,779

3,485

4,607

61,46762,026

5,000

－

509

408

6,597

7,149

302

1,261

371

461

1,614

－

2,399

3,577

110,457

104,272

32,60322,281

596

348

938

8,210

53

114

49

36

7,603

6,855

885

939

1,827

1,367

44,55940,153155,016

144,425

36,561

36,561

6,524

6,523

13,357

17,336

(430)

(416)

56,01260,005

5,532

9,399

1,111

763

9,372

20,76316,01530,92613

22

72,041

90,954

227,058

235,380

(2) Consolidated Statements of Income and Comprehensive Income
Consolidated Statements of Income(Million yen)
FY2022

FY2023

Apr '22 - Mar '23

Net sales
Cost of sales
Gross profit
Selling, general and administrative expenses
Operating income
Non-operating income
Interest income
Dividend income
Share of profit of entities accounted for using equity
methodForeign exchange gains
Other
Total non-operating income
Non-operating expenses
Interest expenses
Other
Total non-operating expenses
Ordinary income
Extraordinary income
Gain on disposal of non-current assets
Gain on sales of investment securities
Insurance claim income
Gain on sale of businesses
Subsidy income
Other
Total extraordinary income
Extraordinary losses
Loss on disposal of non-current assets
Acccident related loss
Business restructuring costs
Impairment loss
Loss on cancellation of contracts
Loss on sale of businesses
Loss on tax purpose reduction entry of non-current assets
Loss on valuation of investment securities
Other
Total extraordinary losses
Profit (loss) before income taxes
Income taxes
Profit (loss)
Profit attributable to non-controlling interests
Profit (loss) attributable to owners of parent―8―

Apr '23 - Mar '24

209,542

193,462

182,288

165,315

27,25328,146

26,28522,736

968

5,410

27

5

652

503

670

658

983

1,249

545

456

2,878

2,872

574

938

182

245

757

1,183

3,089

7,098

39

1,289

4

1,681

31

1,571

－

230

347

－

3

－

427

4,772

263

218

－

2,687

－

859

52

546

－

449

3,192

119

329

－

12

－

674

86

4,523

4,968

(1,006)

6,902

(443)

2,725

(563)

4,177

7

6

(571)

4,170

Consolidated Statements of Comprehensive Income(Million yen)
FY2022

FY2023

Apr '22 - Mar '23

Profit (loss)
Other comprehensive income
Valuation difference on available-for-sale securities
Foreign currency translation adjustment
Remeasurements of defined benefit plans, net of tax
Share of other comprehensive income of entities
accounted for using equity method
Total other comprehensive income
Comprehensive income
Comprehensive income attributable toComprehensive income attributable to owners of parent
Comprehensive income attributable to non-controllinginterests―9―

Apr '23 - Mar '24
(563)

4,177

843

3,864

171

(348)

2,189

11,390

(12)

5

3,192

14,912

2,628

19,0892,620

19,0818

8

(3) Consolidated Statements of Cash Flow
(Million yen)

Cash flows from operating activities
Profit (loss) before income taxes
Depreciation
Accident related loss
Impairment loss
Decrease (increase) in net defined benefit asset
Increase (decrease) in net defined benefit liability
Increase (decrease) in provision for directors' retirement
benefits
Increase (decrease) in provision for share awards
Interest and dividend income
Share of loss (profit) of entities accounted for using equity
methodForeign exchange losses (gains)
Interest expense
Loss (gain) on sales of short-term and long-term investment
securities
Loss (gain) on valuation of investment securities
Loss (gain) on disposal of non-current assets
Loss (gain) on sale of businesses
Loss on tax purpose reduction entry of non-current assets
Subsidy income
Insurance claim income
Decrease (increase) in notes and accounts receivable - trade
Decrease (increase) in inventories
Increase (decrease) in notes and accounts payable - trade
Other, net
Subtotal
Subsidies received
Proceeds from insurance income
Payments for accident related loss
Interest and dividend income received
Interest expenses paid
Income taxes paid
Net cash provided by (used in) operating activities
Cash flows from investing activities
Purchase of property, plant and equipment and intangible
assetsProceeds from sales of property, plant and equipment andintangible assets
Purchase of investment securities
Proceeds from sales of investment securities
Payments of loans receivableCollection of loans receivable
Payment for transfer of business
Other, net
Net cash provided by (used in) investing activities― 10 ―FY2022

FY2023

Apr '22 - Mar '23

Apr '23 - Mar '24(1,006)

6,902

8,287

7,727

－

2,687

52

546

(1,520)(1,883)167(2,284)

(19)

(13)

29

65

(679)

(508)

(670)

(658)

(573)

(1,169)

574

938

(4)

(1,681)

12

－

223

(1,070)

3,192

(110)

329

－

(347)

－

(33)

(1,627)(4,498)(925)(8,115)

9,497

3,293

(3,336)(1,395)

1,699(2,703)

14,794

547

155

185

1,590

－

(2,687)

680

516

(535)

(886)

(896)

5

(2,721)

13,487(4,546)(1,682)

717

2,931

(11)

(12)

12

3,184

(0)

(0)

450

450

(187)

(1,757)1714(3,565)3,827

(Million yen)

Cash flows from financing activities
Net increase (decrease) in short-term loans payable
Net increase (decrease) in commercial paper
Proceeds from long-term loans payable
Repayments of long-term loans borrowings
Repayments of lease obligations
Dividends paid
Purchase of treasury shares
Proceeds from sales of treasury shares
Dividends paid to non-controlling interests
Net cash provided by (used in) financing activities
Effect of exchange rate change on cash and cash equivalents
Net increase (decrease) in cash and cash equivalents
Cash and cash equivalents at beginning of period
Increase in cash and cash equivalents resulting from
inclusion of subsidiaries in consolidation
Increase in cash and cash equivalents resulting from merger
with unconsolidated subsidiaries
Cash and cash equivalents at end of period― 11 ―FY2022

FY2023

Apr '22 - Mar '23

Apr '23 - Mar '24
3,774(5,807)(1,000)(5,000)14,288

7,150(11,196)(11,886)

(441)

(496)

－

(223)

(214)

(0)

－

0

(0)

－

5,209

(16,264)

213

604

(863)

1,655

9,047

8,325

142

－

－

28

8,325

10,009