Negative Operating Cash Flow Caused by an Increase in Trade Receivables
First written in FY2024. 5 of 6 entries say "Mitigated", first in FY2025-H1. Latest entry: FY2026.
The whole theme swung hardest in 2022: 9 of 32 companies on the "Worse" side.
14 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「Cash provided by operating activities during the current consolidated fiscal year was ¥155.208 million, compared with ¥16.111 million provided in the previous fiscal year. This was mainly due to an increase of ¥88.090 million in accounts payable and a decrease of ¥62.011 million in trade receivables, despite the recording of a net loss before income taxes and other adjustments of ¥17.344 million.」
Operating cash flow increased from ¥16.111 million in the previous fiscal year to ¥155.208 million. The impact of cash outflows associated with increases in trade receivables was reduced by the decrease in trade receivables and the increase in accounts payable. - 2026-08-07MitigatedEarnings
「Cash provided by operating activities during the current consolidated fiscal year was ¥155.208 million, compared with ¥16.111 million provided in the previous fiscal year.」
Cash provided by operating activities increased from the previous fiscal year, continuing the improvement in cash generation. - FY2026-H1MitigatedAnnual report
「Cash provided by operating activities during the current interim consolidated accounting period was ¥92.596 million, compared with ¥33.078 million provided in the same period of the previous year. This was mainly due to increases of ¥276.181 million in accounts payable and ¥10.250 million in depreciation and amortization, despite increases of ¥142.638 million in trade receivables and ¥26.150 million in inventories.」
Although trade receivables continued to increase, operating cash flow improved from ¥33.078 million in the same period of the previous year to ¥92.596 million, due in part to the increase in accounts payable. - FY2025MitigatedAnnual report
「Cash provided by operating activities during the current consolidated fiscal year was ¥16.111 million, compared with cash used of ¥159.782 million in the previous fiscal year.」
Operating cash flow improved from cash used of ¥159.782 million in the previous fiscal year to cash provided of ¥16.111 million, as the impact of cash outflows associated with the increase in trade receivables was reduced. - FY2025-H1MitigatedAnnual report
「Cash provided by operating activities during the current interim consolidated accounting period was ¥33.078 million, compared with cash used of ¥118.763 million in the same period of the previous year. This was mainly due to the recording of interim net income before income taxes and other adjustments of ¥38.102 million and an increase of ¥154.224 million in accounts payable, despite increases of ¥126.748 million in trade receivables and ¥31.178 million in inventories.」
Although trade receivables continued to increase, operating cash flow improved from cash used of ¥118.763 million in the same period of the previous year to cash provided of ¥33.078 million, due in part to the increase in accounts payable. - FY2024First statedAnnual report
「Cash used in operating activities during the fiscal year was ¥159,782 thousand, compared with ¥122,758 thousand generated in the previous fiscal year. This was mainly because an increase of ¥248,520 thousand in trade receivables outweighed profit before income taxes of ¥38,935 thousand and an increase of ¥73,204 thousand in trade payables.」
Operating cash flow turned from ¥122,758 thousand generated in the previous fiscal year to ¥159,782 thousand used, primarily due to the ¥248,520 thousand increase in trade receivables.