(Million yen)
FY 3/2018 FY 3/2019 FY 3/2020 FY 3/2021 FY 3/2022
Cash flows from operating activities 47,952 45,851 51,487 9,282 28,831
Cash flows from investing activities △27,023 △53,430 △48,076 △28,678 △33,764
Cash flows from financing activities △19,878 7,246 △4,411 21,498 1,236
Net increase (decrease) in cash and cash equivalents 1,050 △332 △1,000 2,103 △3,697
Cash and cash equivalents at beginning of period 23,294 24,417 25,018 26,675 28,900
Increase in cash and cash equivalents from newly consolidated subsidiary 67 95 2,107 94
Increase in cash and cash equivalents resulting from merger with unconsolidated subsidiaries 4 838 549 27 74
Cash and cash equivalents at end of period 24,417 25,018 26,675 28,900 25,277