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Cash Flows

Fiscal Year ended March 31
  2006 2007 2008 2009 2010 2011

Net Cash Provided by Operating Activities

(Millions of Yen)

11,628 7,589 11,647 17,043 18,601 (722)

Net Cash Used in Investing Activities

(Millions of Yen)

(14,505) (8,884) 207 (20,099) (12,841) (6,672)

Free Cash Flow

(Millions of Yen)

(2,877) (1,295) 11,854 (3,056) 5,760 (7,394)
Notes: All amounts are rounded down to the nearest million yen.

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