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S&B Foods (2805) · FactMitigated

Pressure on Operating Cash Flow from an Increase in Inventories

First written in FY2021-Q2. 3 of 17 entries say "Mitigated", first in FY2022-Q2. Latest entry: FY2026.

17entries
7years
1from disclosures
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How it moved
ProgressHeldSoftenedWorseOtherFY2021-Q2 – FY2021OtherFY2023-Q1 – FY2026-H12020: 12021: 320212022: 220222023: 420232024: 320242025: 220252026: 22026
Same theme, other companies
Deterioration in Operating Cash Flow Due to Higher Working CapitalA theme 169 companies write about · 169 as a headwind · 1 as a tailwind

The whole theme swung hardest in 2022: 40 of 150 companies on the "Worse" side.

34 other companies' latest entry also says "Mitigated".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 169 companies compared. The sentences above are computed from all 169.
Full recordFilings, disclosures and news, newest first
  1. FY2026MitigatedAnnual report

    「Change in inventories (△ indicates an increase) △ 4,081 △ 1,400」

    The use of funds in cash flow from operating activities resulting from higher inventories decreased from ¥4,081 million in the previous fiscal year to ¥1,400 million, easing the pressure.
  2. 2026-05-13MitigatedEarnings

    「Increase in funds due to a decrease in inventories (¥2.681 billion)」

    The decrease in inventories increased cash flow from operating activities, reversing the decrease factor recorded in the previous fiscal year.
  3. FY2026-H1Increased pressure on cash flow from operating activities due to higher inventoriesAnnual report

    「Change in inventories (△ indicates an increase) △ 1,905 △ 2,620」

    The increase in inventories was a ¥2,620 million use of funds in cash flow from operating activities for the first six months, increasing the pressure from ¥1,905 million in the same period of the previous year.
  4. FY2025Increased pressure on cash flow from operating activities due to higher inventoriesAnnual report

    「Change in inventories (△ indicates an increase) △ 2,722 △ 4,081」

    The increase in inventories was a ¥4,081 million factor reducing cash flow from operating activities, increasing the pressure from ¥2,722 million in the previous fiscal year.
  5. FY2025-H1Continued pressure on cash flow from operating activities due to higher inventoriesAnnual report

    「Change in inventories (△ indicates an increase) △ 1,140 △ 1,905」

    The increase in inventories was a ¥1,905 million use of funds in cash flow from operating activities for the first six months, increasing the pressure from ¥1,140 million in the same period of the previous year.
  6. FY2024Continued pressure on cash flow from operating activities due to higher inventoriesAnnual report

    「Change in inventories (△ indicates an increase) △ 5,078 △ 2,722」

    The increase in inventories was a ¥2,722 million factor reducing cash flow from operating activities. The pressure eased from ¥5,078 million in the previous fiscal year, but the cash outflow factor continued.
  7. FY2024-Q3Increase in inventories in the third quarterAnnual report

    「Merchandise and finished goods 9,681 8,526 Work in process 3,568 4,154 Raw materials and supplies 11,623 13,339」

    At the end of the third quarter, merchandise and finished goods decreased, while work in process and raw materials and supplies increased, resulting in an overall increase in inventories from the end of the previous fiscal year.
  8. FY2024-Q2Continued pressure on cash flow from operating activities due to higher inventories in the first six monthsAnnual report

    「Change in inventories (△ indicates an increase) △ 2,983 △ 1,140」

    The increase in inventories in the first six months was a ¥1,140 million factor reducing cash flow from operating activities. The pressure eased from ¥2,983 million in the same period of the previous year, but the cash outflow factor continued.
  9. FY2024-Q1Increase in inventories in the first quarterAnnual report

    「Merchandise and finished goods 9,681 9,690 Work in process 3,568 3,697 Raw materials and supplies 11,623 11,968」

    Inventories at the end of the first quarter increased from the end of the previous fiscal year in aggregate across merchandise and finished goods, work in process, and raw materials and supplies. As no consolidated statement of cash flows was prepared for the first quarter, the impact on cash flow from operating activities was not disclosed.
  10. FY2023Deterioration in cash flow from operating activities due to higher inventories for the full yearAnnual report

    「Funds generated from operating activities amounted to ¥641 million. This was mainly attributable to profit before income taxes of ¥5,510 million, despite factors including a ¥5,078 million use of funds resulting from an increase in inventories.」

    The use of funds resulting from higher inventories amounted to ¥5,078 million, and cash flow from operating activities fell sharply from ¥8,170 million in the previous fiscal year to ¥641 million.
  11. FY2023-Q3Increase in inventories in the third quarterAnnual report

    「Assets increased by ¥7,551 million from the end of the previous consolidated fiscal year to ¥136,536 million. This was mainly due to increases of ¥11,204 million in trade receivables and ¥3,489 million in inventories, despite a ¥7,317 million decrease in cash and deposits, among other factors.」

    Inventories increased by ¥3,489 million from the end of the previous fiscal year as of the end of the third quarter. As no quarterly consolidated statement of cash flows was prepared, the impact on cash flow from operating activities for the quarter was not disclosed.
  12. FY2023-Q2Pressure on cash flow from operating activities caused by higher inventories in the first six monthsAnnual report

    「Funds generated from operating activities amounted to ¥719 million. This was mainly attributable to factors including a ¥2,983 million use of funds resulting from an increase in inventories, against profit before income taxes of ¥3,484 million.」

    The increase in inventories in the first six months was a ¥2,983 million use of funds, leaving cash flow from operating activities at ¥719 million.
  13. FY2023-Q1Increase in inventories in the first quarterAnnual report

    「Assets increased by ¥11,142 million from the end of the previous consolidated fiscal year to ¥140,127 million. This was mainly due to increases of ¥5,262 million in cash and deposits, ¥1,494 million in trade receivables and ¥2,750 million in inventories, among other factors.」

    Inventories increased by ¥2,750 million from the end of the previous fiscal year as of the end of the first quarter. As no quarterly consolidated statement of cash flows was prepared, the impact on cash flow from operating activities for the quarter was not disclosed.
  14. FY2022-Q2MitigatedAnnual report

    「Change in inventories (△ indicates an increase) △ 2,977 342」

    The increase in inventories changed from a ¥2,977 million use of funds in the same period of the previous year to a ¥342 million source of funds in the first six months of the current fiscal year, easing the pressure on cash flow from operating activities caused by higher inventories.
  15. FY2021Decrease in operating cash flow due to higher inventoriesAnnual report

    「Funds generated decreased by ¥844 million from the previous fiscal year, mainly due to the effects of an increase of ¥2,068 million in profit before income taxes and a ¥3,531 million use of funds resulting from an increase in inventories.」

    Full-year cash flow from operating activities amounted to ¥11,313 million, while the increase in inventories was a ¥3,531 million use of funds.
  16. FY2021-Q3Increase in inventories in the third quarterAnnual report

    「This was mainly attributable to increases of ¥9,963 million in trade receivables and ¥2,062 million in inventories, among other factors.」

    Inventories increased by ¥2,062 million from the end of the previous consolidated fiscal year as of the end of the third quarter. As no quarterly consolidated statement of cash flows was prepared, the impact on cash flow from operating activities for the quarter was not disclosed.
  17. FY2021-Q2First statedAnnual report

    「Funds generated from operating activities amounted to ¥4,157 million. This was mainly attributable to factors including depreciation and amortization of ¥2,327 million, despite a ¥2,977 million use of funds resulting from an increase in inventories and ¥1,447 million in income taxes paid, against profit before income taxes of ¥6,028 million.」

    Inventories increased by ¥2,977 million during the first six months, and this was reported as a factor reducing cash flow from operating activities.
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S&B Foods's next results are scheduled for 2026-10-30. Read the earnings preview It last moved in the Earnings of 2026-05-13: "Mitigated".
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Pressure on Operating Cash Flow from an Increase in Inventories | S&B FOODS INC. (2805) | Komori