（Millions of Yen）
| Fiscal Year ended 31 March 2022 |
Fiscal Year ended 31 March 2023 |
|
|---|---|---|
| Net cash from (used in) operating activities | (314,046) | 960,743 |
| Net cash (used in) from investing activities | 1,838,517 | (1,075,054) |
| Net cash from financing activities | 163,302 | 810,425 |
| Net (decrease) increase in cash and cash equivalents | 1,687,773 | 696,114 |
| Cash and cash equivalents at the beginning of the year | 802,702 | 2,499,370 |
| Effect of changes in exchange rate on cash and cash equivalents | 8,895 | 5,432 |
| Cash and cash equivalents at the end of the year | 2,499,370 | 3,200,916 |
* Amounts are rounded off to the nearest million Japanese yen.
Cash Flow Status
Analysis of Financial Conditions for the Fiscal Year
As at March 31, 2023, total assets amounted to ¥22,310,728 million and increased by ¥17,838,200 million from total assets of ¥4,472,528 million as at March 31, 2022. The Group’s equity increased by ¥165,396 million to ¥1,748,654 million from the fiscal year ended March 31, 2022. As at March 31, 2023, the Group’s cash and cash equivalents amounted to ¥3,200,916 million and increased by ¥701,546 million from that of ¥2,499,370 million as at March 31, 2022.
Operating Cash Flows
Cash flows from operating activities amounted to ¥960,743 million in net cash inflows (¥314,046 million in net cash outflows for the year ended March 31, 2022). The net cash inflows were primarily due to a ¥3,776,127 million cash inflow from an increase in customer deposits for banking business, despite a ¥1,813,474 million cash outflow from an increase in trade and other accounts receivables, a ¥611,135 million cash outflow from a decrease in bonds and loans payable in banking business, and a ¥397,031 million cash outflow from a decrease in assets/liabilities related to securities business.
Investing Cash Flows
Cash flows from investing activities amounted to ¥1,075,054 million in net cash outflows (¥1,838,517 million in net cash inflows for the year ended March 31, 2022). The net cash outflows were primarily due to a ¥3,026,500 million cash outflow from a purchase of investment securities, despite a ¥2,104,558 million cash inflow from proceeds from sales or redemption of investment securities.
Financing Cash Flows
Cash flows from financing activities amounted to ¥810,425 million in net cash inflows (¥163,302 million in net cash inflows for the year ended March 31, 2022). The net cash inflows were primarily due to a ¥1,342,878 million cash inflow from proceeds from issuance of bonds payable, a ¥375,205 million cash inflow from an increase in short term loans payable and a ¥186,037 million cash inflow from proceeds from long-term loans payable, despite a ¥1,062,876 million cash outflow from a redemption of bonds payable.
