Lower Operating Cash Flow Due to Higher Trade Receivables
First written in FY2018-Q2. 5 of 17 entries say "Worsened", first in FY2019-Q2. Latest entry: FY2026.
SHO-BOND Holdings moved to the "Worse" side of this theme in 2019.
0 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「Cash flows from operating activities resulted in a ¥19,330 million increase in funds, compared with a ¥9,473 million increase in funds in the previous consolidated fiscal year. This was mainly due to increases of ¥22,572 million attributable to profit before income taxes and ¥6,004 million attributable to a decrease in trade receivables, despite a ¥2,862 million decrease attributable to a decrease in accounts payable, among other factors.」
Cash flows from operating activities increased from ¥9,473 million in the previous fiscal year to ¥19,330 million, while the decrease in trade receivables contributed to a ¥6,004 million increase. - 2026-08-10MitigatedEarnings
「Net cash provided by operating activities increased by ¥19,330 million, compared with an increase of ¥9,473 million in the previous consolidated fiscal year.」
The increase in cash provided by operating activities expanded, with trade receivables contributing ¥6,004 million to the increase. - FY2026-H1MitigatedAnnual report
「Cash flows from operating activities during the current interim consolidated accounting period resulted in a ¥5,965 million increase in funds, compared with a ¥7,553 million decrease in funds during the previous interim consolidated accounting period. This was despite a ¥2,191 million decrease attributable to a decrease in advances received for construction work in progress, as increases of ¥10,632 million attributable to interim profit before income taxes and ¥1,495 million attributable to a decrease in trade receivables, among other factors, increased funds.」
Cash flows from operating activities turned from a ¥7,553 million decrease in the same period of the previous year to a ¥5,965 million increase. Trade receivables also shifted from being a factor reducing cash flow in the same period of the previous year to a ¥1,500 million factor increasing cash flow. - FY2025WorsenedAnnual report
「Although cash flows from operating activities included a ¥2,295 million decrease attributable mainly to an increase in trade receivables and a ¥1,888 million decrease attributable to a decrease in accounts payable, these were more than offset by a ¥21,801 million increase attributable to profit before income taxes, resulting in a ¥9,473 million increase in funds. Compared with the previous fiscal year, funds decreased by ¥9,932 million, mainly because of a ¥4,327 million decrease resulting from a decrease in other liabilities, including consumption taxes payable.」
Cash flows from operating activities increased by ¥9,473 million, but fell substantially from ¥19,406 million in the previous fiscal year. Increases in trade receivables and decreases in accounts payable and other liabilities were factors reducing cash flow. - FY2025-H1MitigatedAnnual report
「Net cash used in operating activities during the current interim consolidated accounting period amounted to ¥7,553 million. Although interim profit before income taxes contributed ¥11,103 million, the increase in trade receivables, the decrease in other liabilities and income tax payments resulted in uses of cash of ¥11,109 million, ¥2,876 million and ¥2,974 million, respectively. Compared with the same period of the previous year, cash increased by ¥2,268 million, mainly because trade receivables decreased by ¥5,615 million.」
Cash flows from operating activities resulted in a ¥7,553 million decrease in funds, but improved from the ¥9,822 million decrease in the same period of the previous year. The decrease attributable to an increase in trade receivables also narrowed from ¥16,724 million in the same period of the previous year to ¥11,109 million. - FY2024MitigatedAnnual report
「Operating activities generated ¥19,406 million in cash. Although income tax payments and the decrease in trade payables resulted in uses of cash of ¥4,647 million and ¥1,614 million, respectively, profit before income taxes contributed ¥20,960 million. Compared with the previous fiscal year, cash increased by ¥15,655 million, mainly because the decrease in trade receivables increased cash by ¥11,027 million.」
Operating cash flow improved from an increase of ¥3,751 million in the previous fiscal year to an increase of ¥19,406 million, while trade receivables shifted from being a factor reducing cash flow to a smaller reduction. - FY2024-Q2WorsenedAnnual report
「Net cash used in operating activities during the first six months of the current consolidated fiscal year amounted to ¥9,822 million. Although profit before income taxes contributed ¥10,569 million, the increase in trade receivables, the decrease in trade payables and income tax payments resulted in uses of cash of ¥16,724 million, ¥2,642 million and ¥1,904 million, respectively. Compared with the same period of the previous year, cash decreased by ¥6,031 million, mainly because trade receivables increased by ¥9,715 million.」
Operating cash flow decreased by ¥9,822 million, compared with a decrease of ¥3,791 million in the same period of the previous year. The use of cash attributable to trade receivables also expanded to ¥16,724 million. - FY2023ReframedAnnual report
「Operating activities generated ¥3,751 million in cash. Although increases in trade receivables and income tax payments resulted in uses of cash of ¥11,119 million and ¥6,093 million, respectively, profit before income taxes contributed ¥18,992 million. Compared with the previous fiscal year, cash decreased by ¥4,083 million, mainly because the increase in trade receivables reduced cash by ¥4,188 million.」
Operating activities generated ¥3,751 million in cash for the full fiscal year, but the use of cash attributable to the increase in trade receivables expanded to ¥11,119 million, reducing the increase in cash compared with the previous fiscal year. - FY2023-Q2WorsenedAnnual report
「Net cash used in operating activities during the first six months of the current consolidated fiscal year amounted to ¥3,791 million. Although profit before income taxes contributed ¥8,401 million, the increase in trade receivables, the decrease in trade payables and income tax payments resulted in uses of cash of ¥7,009 million, ¥1,245 million and ¥1,576 million, respectively.」
Operating cash flow decreased by ¥3,791 million, compared with a decrease of ¥3,333 million in the same period of the previous year. The increase in trade receivables continued to be the main factor reducing cash flow. - FY2022AdvancedAnnual report
「Operating activities generated ¥7,834 million in cash. Although increases in trade receivables and income tax payments resulted in uses of cash of ¥6,931 million and ¥5,942 million, respectively, profit before income taxes contributed ¥18,044 million. Compared with the previous fiscal year, cash increased by ¥5,096 million, mainly because changes in trade receivables increased cash by ¥1,978 million and the increase in profit before income taxes increased cash by ¥2,128 million.」
Operating cash flow increased by ¥7,834 million, improving from an increase of ¥2,737 million in the previous fiscal year. The increase in trade receivables continued to be a factor reducing cash flow, but its impact was smaller than in the previous fiscal year. - FY2022-Q2ReframedAnnual report
「Net cash used in operating activities during the first six months of the current consolidated fiscal year amounted to ¥3,333 million. Although profit before income taxes contributed ¥8,800 million and the increase in the provision for bonuses contributed ¥1,767 million, the increase in trade receivables resulted in a ¥10,583 million use of cash and income tax payments resulted in a ¥2,238 million use of cash. Compared with the same period of the previous year, cash increased by ¥4,148 million, mainly because changes in trade receivables increased cash by ¥3,010 million and changes in advances received on uncompleted construction contracts increased cash by ¥1,088 million.」
Operating cash flow remained negative at ¥3,333 million, but improved from a ¥7,482 million decrease in the same period of the previous year. The use of cash attributable to the increase in trade receivables narrowed from ¥13,593 million to ¥10,583 million. - FY2021ReframedAnnual report
「Operating activities generated ¥2,737 million in cash. Although increases in trade receivables and income tax payments resulted in uses of cash of ¥8,909 million and ¥4,730 million, respectively, profit before income taxes contributed ¥15,915 million.」
The increase in trade receivables continued to reduce operating cash flow, but operating activities generated ¥2,737 million in cash for the full fiscal year. - FY2021-Q2WorsenedAnnual report
「Net cash used in operating activities during the first six months of the current consolidated fiscal year amounted to ¥7,482 million. Although profit before income taxes contributed ¥7,868 million and the increase in the provision for bonuses contributed ¥1,578 million, the increase in trade receivables resulted in a ¥13,593 million use of cash and the decrease in advances received on uncompleted construction contracts resulted in a ¥1,004 million use of cash.」
Operating cash flow decreased by ¥7,482 million, compared with a decrease of ¥6,671 million in the same period of the previous year. The use of cash attributable to the increase in trade receivables amounted to ¥13,593 million. - FY2020ReframedAnnual report
「Operating activities generated ¥4,540 million in cash, mainly due to an increase in profit before income taxes. Compared with the previous fiscal year, cash decreased by ¥9 million, mainly because trade receivables increased.」
Although cash continued to decrease on a cumulative quarterly basis, operating activities generated ¥4,540 million in cash for the full fiscal year. Meanwhile, the increase in trade receivables continued to be a factor reducing cash flow. - FY2020-Q2ReframedAnnual report
「Net cash used in operating activities during the first six months of the current consolidated fiscal year amounted to ¥6,671 million. Although profit before income taxes contributed ¥5,929 million, increases in trade receivables resulted in a ¥8,474 million use of cash and the decrease in other liabilities resulted in a ¥2,773 million use of cash.」
Operating cash flow remained negative at ¥6,671 million. The use of cash attributable to the increase in trade receivables narrowed from ¥10,175 million in the same period of the previous year to ¥8,474 million, while the decrease in other liabilities resulted in a ¥2,773 million use of cash. - FY2019-Q2WorsenedAnnual report
「Net cash used in operating activities during the first six months of the current consolidated fiscal year amounted to ¥7,781 million. Although profit before income taxes contributed ¥5,688 million, increases in trade receivables resulted in a ¥10,175 million use of cash and the decrease in trade payables resulted in a ¥1,786 million use of cash.」
The decrease in operating cash flow amounted to ¥7,781 million, while the use of cash attributable to the increase in trade receivables expanded to ¥10,175 million. - FY2018-Q2First statedAnnual report
「Net cash used in operating activities during the first six months of the current consolidated fiscal year amounted to ¥6,760 million. Although profit before income taxes contributed ¥5,342 million, increases in trade receivables resulted in a ¥9,231 million use of cash and income tax payments resulted in a ¥1,576 million use of cash.」
Operating cash flow decreased by ¥6,760 million, as the increase in trade receivables and income tax payments outweighed the increase attributable to profit before income taxes.