| Reconciliation of liabilities arising from financing activities |
The changes in liabilities to cash flows arising from financing activities are as follows: | | | | | | | | | | | | | | | | (Unit： In millions) | Loans | Promissory note- related party | Lease liabilities | Total | | As of March 31, 2023 | ¥ | — | | ¥ | — | | ¥ | 350 | | ¥ | 350 | | | Proceeds from short-term loans | 1,200 | | — | | — | | 1,200 | | | Repayments of short-term loans | (1,200) | | — | | — | | (1,200) | | | Repayments of lease obligations | 0 | | — | | (327) | | (327) | | | Total changes from financing cash flows | — | | — | | (327) | | (327) | | | Modification of lease term | — | | — | | (81) | | (81) | | | New lease contracts | — | | — | | 1,719 | | 1,719 | | | Interest expenses | — | | — | | 5 | | 5 | | | Interest expenses paid | — | | — | | (5) | | (5) | | | Total liability-related other changes | — | | — | | 1,638 | | 1,638 | | | As of March 31, 2024 | — | | — | | 1,661 | | 1,661 | | | Proceeds from short-term loans | 1,800 | | — | | — | | 1,800 | | | Repayments of short-term loans | (1,800) | | — | | — | | (1,800) | | | Repayments of lease obligations | — | | — | | (463) | | (463) | | | Proceeds from loans from related party | 8,508 | | — | | — | | 8,508 | | | Repayments of loans from related party | (7,759) | | (128) | | — | | (7,887) | | | Total changes from financing cash flows | 749 | | (128) | | (463) | | 158 | | | Modification of lease term | — | | — | | 79 | | 79 | | | Increase by business combination | 2 | | 128 | | — | | 130 | | | Interest expense | 21 | | — | | 10 | | 31 | | | Interest paid | (21) | | — | | (10) | | (31) | | | Total liability-related other changes | 2 | | 128 | | 79 | | 209 | | | As of March 31, 2025 | 751 | | — | | 1,277 | | 2,028 | | | Proceeds from short-term loans | 3,000 | | — | | — | | 3,000 | | | Repayments of short-term loans | (3,041) | | — | | — | | (3,041) | | | Repayments of lease obligations | — | | — | | (378) | | (378) | | | Proceeds from loans from related party | 19,376 | | — | | — | | 19,376 | | | Repayments of loans from related party | (17,758) | | — | | — | | (17,758) | | | Total changes from financing cash flows | 1,577 | | — | | (378) | | 1,200 | | | Increase by business combination | 264 | | — | | 11 | | 275 | | | Interest expense | 153 | | — | | 8 | | 161 | | | Interest paid | (145) | | — | | (8) | | (153) | | | Foreign currency translation | 166 | | — | | — | | 166 | | | Total liability-related other changes | 438 | | — | | 11 | | 449 | | | As of March 31, 2026 | ¥ | 2,767 | | ¥ | — | | ¥ | 910 | | ¥ | 3,677 | |
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