Conversion of bills payable to cooperating companies into cash payments
First written in FY2018. 2 of 5 entries say "Advanced", first in FY2019-Q1. Latest entry: FY2019.
0 other companies' latest entry also says "Achieved".
- FY2019AchievedAnnual report
「During the current consolidated fiscal year, the Company standardized all payments to cooperating companies as cash payments. This will temporarily reduce cash flow from operating activities, but will not have a material impact on management.」
The Company states that, with respect to the measure to convert bill payments to cooperating companies into cash payments, all payments were standardized as cash payments during the current consolidated fiscal year. - FY2019-Q3RestatedAnnual report
「Although liabilities increased due to the issuance of commercial paper and other factors, they decreased by ¥3.3 billion from the end of the previous consolidated fiscal year to ¥303.1 billion, mainly due to decreases in notes payable, accrued construction costs and other liabilities resulting from the conversion of bill payments into cash.」
The Company continues to convert bill payments to cooperating companies into cash payments, and the resulting decrease in notes payable, accrued construction costs and other liabilities is reflected in liabilities at the end of the third quarter. - FY2019-Q2AdvancedAnnual report
「Liabilities decreased by ¥4.6 billion from the end of the previous consolidated fiscal year to ¥301.7 billion, mainly due to decreases in notes payable, accrued construction costs and other liabilities resulting from the conversion of bill payments into cash.」
The Company states that the decrease in notes payable, accrued construction costs and other liabilities was reflected in the decrease in liabilities at the end of the first half of 2019 as a result of converting bill payments to cooperating companies into cash payments. - FY2019-Q1AdvancedAnnual report
「Liabilities decreased by ¥24,088 million from the end of the previous consolidated fiscal year to ¥282,302 million, mainly due to decreases in notes payable, accrued construction costs and other liabilities resulting from the conversion of bill payments into cash.」
The Company states that the decrease in notes payable, accrued construction costs and other liabilities resulting from the conversion of bill payments to cooperating companies into cash payments was reflected in its financial position. - FY2018First statedAnnual report
「The Company is currently converting bills payable to cooperating companies into cash payments. This will temporarily reduce cash flow from operating activities, but will not have a material impact on management.」
The Company is implementing measures to convert bills payable to cooperating companies into cash payments and has explained this as a temporary factor reducing operating cash flow.