Deterioration in Operating Cash Flow Due to an Increase in Inventories
First written in FY2023-Q2. . Latest entry: FY2026.
The whole theme swung hardest in 2022: 5 of 26 companies on the "Worse" side.
17 other companies' latest entry also says "Other".
- FY2026Operating cash flow turned positive and inventories increasedAnnual report
「Operating cash flow was an inflow of ¥25.910 million. …Meanwhile, the main deductions were an increase in inventories of ¥250.653 million, an increase in advances paid of ¥182.209 million and a gain on the sale of investment securities of ¥137.520 million recognized as extraordinary income.」
Operating cash flow remained positive, changing from an inflow of ¥94.096 million in the previous period to an inflow of ¥25.910 million, while the ¥250.653 million increase in inventories was the main deduction. - FY2026-H1Continued and widening inventory growth and negative operating cash flowAnnual report
「Operating cash flow was an outflow of ¥568.787 million. …Meanwhile, the main deductions were an increase in inventories of ¥515.775 million, a decrease in advances received of ¥78.967 million, a decrease in provision for order losses of ¥60.883 million and income taxes paid of ¥50.857 million.」
The operating cash flow deficit widened from ¥421.145 million in the same period of the previous year to ¥568.787 million, with the ¥515.775 million increase in inventories being the main deduction. - FY2025Operating cash flow turns positive as inventory growth slowsAnnual report
「Operating cash flow was an inflow of ¥94.096 million.」
Operating cash flow changed from an outflow of ¥392.453 million in the previous period to an inflow of ¥94.096 million. Changes in inventories were an addition of ¥12.453 million, marking a shift from the substantial inventory growth and negative operating cash flow seen through the previous period. - FY2025-H1Continued inventory growth and negative operating cash flowAnnual report
「Operating cash flow was an outflow of ¥421.145 million. …Meanwhile, the main deductions were an increase in trade receivables of ¥155.344 million, an increase in inventories of ¥267.707 million and income taxes paid of ¥57.158 million.」
Operating cash flow remained negative, with the ¥267.707 million increase in inventories being the main deduction. - FY2024Changes in Inventory Composition and Continued Negative Operating Cash FlowAnnual report
「Net cash used in operating activities was ¥392.453 million. This was calculated by adjusting profit before income taxes for the year of ¥43.081 million for the required items. The main additions were depreciation expense of ¥105.830 million and amortization of goodwill of ¥44.563 million, both non-cash expenses, as well as income tax refunds of ¥234.557 million. The main deductions were an increase of ¥259.397 million in trade receivables, a decrease of ¥132.601 million in accounts payable, a decrease of ¥314.410 million in advances received, and income taxes paid of ¥153.507 million.」
Operating cash flow remained negative, but the main deductions for the period were trade receivables, trade payables and advances received. Changes in inventories were an addition of ¥10.572 million. On the balance sheet, merchandise and finished goods increased by ¥239.855 million, while work in progress decreased by ¥237.883 million, indicating a change in how the increase in inventories is reflected. - FY2024-Q3Continued Increase in InventoriesAnnual report
「This was mainly attributable to increases of ¥435.366 million in merchandise and finished goods and ¥235.602 million in notes and accounts receivable and contract assets, while cash and deposits decreased by ¥682.278 million, work in progress by ¥79.135 million and other current assets by ¥290.208 million.」
Merchandise and finished goods increased by ¥435.366 million, while cash and deposits decreased by ¥682.278 million. The increase in inventories and its burden on cash flow continued. - FY2024-Q2Continued Increase in InventoriesAnnual report
「Net cash used in operating activities was ¥365.546 million. This was calculated by adjusting profit before income taxes for the quarter of ¥94.083 million for the required items. The main additions were an increase of ¥234.518 million in accounts payable, depreciation expense of ¥47.348 million, a non-cash expense, and income tax refunds of ¥234.250 million. The main deductions were an increase of ¥172.520 million in trade receivables, an increase of ¥492.186 million in inventories, a decrease of ¥350.517 million in advances received, and income taxes paid of ¥55.566 million.」
The ¥492.186 million increase in inventories was the main deduction from operating cash flow, and the increase in inventories that had continued through the previous quarter continued in the current quarter. - FY2024-Q1Continued Increase in InventoriesAnnual report
「This was mainly attributable to increases of ¥89.148 million in merchandise and finished goods, ¥81.419 million in notes and accounts receivable and contract assets, and ¥51.633 million in work in progress, while cash and deposits decreased by ¥330.833 million and other current assets by ¥176.597 million.」
At the end of the current first quarter, inventories including merchandise and finished goods and work in progress increased, while cash and deposits decreased by ¥330.833 million. Inventories continued to increase. - FY2023-Q3Continued Increase in InventoriesAnnual report
「This was mainly attributable to increases of ¥501.135 million in merchandise and finished goods and ¥241.393 million in other assets, while cash and deposits decreased by ¥1,180.805 million.」
Compared with the end of the previous consolidated fiscal year, merchandise and finished goods increased by ¥501.135 million, while cash and deposits decreased by ¥1,180.805 million. The quarterly consolidated statement of cash flows for the nine-month period ended in the current third quarter was not prepared. - FY2023-Q2First statedAnnual report
「Net cash used in operating activities was ¥695.814 million. The main factors were an increase of ¥156.552 million from recording profit before income taxes for the quarter, and decreases of ¥533.459 million from an increase in inventories and ¥291.364 million from income taxes paid.」
During the six months ended in the current second quarter, net cash used in operating activities was ¥695.814 million due to an increase in inventories and income tax payments.