( million yen)
FY2017 FY2018 FY2019 FY2020 FY2021
Cash Flows from Operating Activities 127,02375,457149,957241,578207,921
Cash Flows from Investing Activities -57,047232,556-212,193-503,734-12,349
Cash Flows from Financing Activities 23,99621,289-263,305595,809-12,070
Cash and Cash Equivalents at End of Period 543,067868,325546,784880,1001,065,726
  • Adjustments figures represent inter-segment transaction and general corporate expenses not belonging to any reporting segment.
  • In FY2017-1Q (2017/4-6), insurance proceeds of ¥4.9 billion as a result of the fire incident at the logistics center of ASKUL Corporation is recorded in "Other Income and Expenses" in "Commerce Bussiness".
  • In FY2017-3Q (2017/10-12), gain on ASKUL Corporation's sales of property and equipment of ¥3.5 billion is recorded in "Other Income and Expenses" in "Commerce Bussiness".
  • In FY2017-4Q (2018/1-3), gain on forgiveness of debt of ¥1.7 billion as a result of the fire incident at the logistics center of ASKUL Corporation is recorded in "Other Income and Expenses" in "Commerce Bussiness".
  • The group has made The Japan Net Bank, Limited its consolidated subsidiary on February 1, 2018.
  • Reporting segments for some services have been changed from FY2018-1Q (2018/4-6). The main change is the transfer of GYAO Corporation and video-related services, etc., from “Commerce Business” to “Media Business”. Prior data and comparative figures have been adjusted to the current segments retroactively.
  • In accordance with the change in accounting policy, part of the payment fees which was recorded as cost of sales, etc. has been deducted from revenue from FY2018-1Q (2018/4-6). Prior data and comparative figures have not been retroactively adjusted.
  • In FY2018-1Q (2018/4-6), gain in sales of shares of IDC Frontier Inc. of ¥7.9 billion is included in “Other Income and Expenses” in “Others”.
  • In FY2018-4Q (2019/1-3), impairment loss of ¥3.6 billion related to the property and equipment and intangible assets of ASKUL Corporation’s logistic center (AVC Hidaka) is recorded in “Other Income and Expenses” in “Commerce Business”.
  • In FY2018-4Q (2019/1-3), impairment loss of ¥2.3 billion related to Synergy Marketing, Inc.’s intangible assets is recorded in “Other Income and Expenses” in “Media Business”.
  • In FY2019-1Q, gain on change in equity of PayPay Corporation of ¥10.8 billion is recorded in “Other Non-Operating Income and Expenses”.
  • ZOZO, Inc. became a consolidated subsidiary on November 13, 2019. The financial results of ZOZO, Inc. have been consolidated from November 2019.
  • Some services and subsidiaries have been transferred among segments from FY2020-Q1. The main change is the transfer of automobile-related services including our subsidiary Carview Corporation, from “Commerce Business” to “Media Business”. Prior data and comparative figures have been adjusted to the current segments retroactively.
  • Digital Content Business has been transferred to Media Business from FY2020-Q3. Prior data and comparative figures have been adjusted to the current segments retroactively.
  • In FY2020-Q3, mainly recorded retirement loss due to renewal of existing system in credit card business, etc. in “Other Non-Operating Income and Expenses”. 
  • LINE Corporation became a consolidated subsidiary on March 1, 2021. The financial results of LINE Corporation have been consolidated from Mar-2021 in Others segment.
  • In FY2020-Q4, mainly recorded gain on sale of fixed assets due to sale-and-leaseback transaction conducted on some offices of subsidiaries in Credit card business in “Other Income and Expenses”
  • In FY2020-Q4, mainly recorded impairment loss related to use-of-right assets of ¥10.6 billion accompanying the business integration with LINE Corporation in “Other Income and Expenses”