(Years ended March 31)

  2015 2016 2017 2018 2019
Cash flows from
operating activities
(Billions of yen)
41.5 41.6 40.4 38.4 46.5
Cash flows from
investmet activities
(Billions of yen)
-23.5 1.9 -36.4 -34.3 -31.0
Free cash flows
(Billions of yen)
18.0 43.5 4.0 4.1 15.4