Operating Cash Flow Deficits and Commercial Paper Financing
First written in FY2019-Q2. 4 of 18 entries say "Mitigated", first in FY2020-Q2. Latest entry: FY2026.
The whole theme swung hardest in 2022: 6 of 13 companies on the "Worse" side.
0 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「Net cash provided by operating activities was ¥90,655 million, an increase of ¥1,091 million from the previous consolidated fiscal year. … Net cash used in financing activities was ¥76,922 million, a decrease in cash outflows of ¥17,986 million from the previous consolidated fiscal year. This was mainly because there was no net change in commercial paper.」
The Company continued to generate strong operating cash flow and repay interest-bearing debt, with no net change in commercial paper, indicating that the commercial paper balance remained at zero for the second consecutive year. - FY2025Operating cash flow increases; commercial paper balance reaches zeroAnnual report
「Net cash provided by operating activities was ¥89,564 million, an increase of ¥32,669 million from the previous consolidated fiscal year.」
Operating cash flow increased to ¥89,564 million, while the commercial paper balance fell from ¥50,000 million to zero. Financing activities used ¥94,909 million due to the repayment of interest-bearing debt, the acquisition of treasury shares and other items. - FY2025-H1Operating cash flow improves; interest-bearing debt repaidAnnual report
「Net cash provided by operating activities was ¥32,565 million, an increase of ¥22,402 million from the previous interim consolidated accounting period. Net cash used in financing activities was ¥46,971 million, an increase in cash outflows of ¥23,230 million. This was mainly due to outflows for the acquisition of shares in subsidiaries without a change in the scope of consolidation and the acquisition of treasury shares.」
Operating cash flow improved from ¥10,163 million in the same period of the previous year to ¥32,565 million, while financing activities used ¥46,971 million due to the acquisition of subsidiary shares, treasury shares and other items. - FY2024-Q2Operating cash flow declines; interest-bearing debt repaidAnnual report
「Net cash provided by operating activities was ¥10,163 million, a decrease of ¥12,909 million from the first six months of the previous consolidated fiscal year. Net cash used in financing activities was ¥23,741 million, an increase in cash outflows of ¥20,452 million. This was mainly due to increased outflows from the repayment of interest-bearing debt.」
Operating cash flow decreased from ¥23,073 million in the same period of the previous year to ¥10,163 million, while financing activities used ¥23,741 million due to the repayment of interest-bearing debt. The commercial paper balance was maintained at ¥40,000 million. - FY2023-Q2Operating cash flow improves; commercial paper balance maintainedAnnual report
「Net cash provided by operating activities was ¥23,073 million, an increase of ¥18,191 million from the first six months of the previous consolidated fiscal year.」
Operating cash flow improved from ¥4,881 million of cash inflow in the same period of the previous year to ¥23,073 million. Meanwhile, the commercial paper balance was ¥50,000 million. - FY2023-Q1Increase in commercial paper outstandingAnnual report
「Commercial paper 40,000 50,000」
The commercial paper balance increased from ¥40,000 million at the end of the previous consolidated fiscal year to ¥50,000 million at the end of the first quarter of the current fiscal year, and interest-bearing debt also increased. - FY2022MitigatedAnnual report
「Net cash provided by operating activities was ¥37,914 million, an increase of ¥36,716 million from the previous consolidated fiscal year. … This was due in part to the repayment of long-term borrowings and commercial paper during the current consolidated fiscal year.」
Operating cash flow recovered to ¥37,914 million of cash inflow, and long-term borrowings and commercial paper were also repaid. - FY2022-Q3MitigatedAnnual report
「Commercial paper 50,000 39,000」
The commercial paper balance decreased from ¥50,000 million at the end of the previous consolidated fiscal year to ¥39,000 million at the end of the third quarter of the current fiscal year. - FY2022-Q2MitigatedAnnual report
「Net cash provided by operating activities was ¥4,881 million, an increase of ¥21,600 million from the first six months of the previous consolidated fiscal year.」
Operating cash flow turned from ¥16,718 million of cash outflow in the same period of the previous year to ¥4,881 million of cash inflow, indicating an improvement in cash management. - FY2021Expansion of borrowings and commitment linesAnnual report
「This was mainly due to an increase in interest-bearing debt to secure stable funding, given the uncertain outlook for business performance amid the spread of COVID-19.」
Interest-bearing debt increased to secure funding during the pandemic, and the total amount of lending commitment agreements expanded from ¥50,000 million to ¥130,000 million. - FY2021-Q2RestatedAnnual report
「Net cash used in operating activities was ¥16,718 million, an increase in cash outflows of ¥23,217 million compared with the first six months of the previous consolidated fiscal year. As a result, cash and cash equivalents at the end of the second-quarter consolidated accounting period decreased by ¥28,501 million from the end of the previous consolidated fiscal year to ¥48,157 million.」
Operating cash flow fell into deficit against the backdrop of lower sales caused by the infectious disease, and cash and cash equivalents also decreased by ¥28,500 million from the fiscal year-end. - FY2021-Q1WorsenedAnnual report
「Total assets at the end of the first-quarter consolidated accounting period were ¥1,169,609 million, down ¥54,191 million from the end of the previous consolidated fiscal year. This was mainly due to a decrease in cash and deposits resulting from lower sales caused by the temporary closure of stores.」
Against the backdrop of lower sales caused by store closures, cash and deposits decreased from ¥74,301 million at the end of the previous fiscal year to ¥34,502 million, and total assets also decreased by ¥54,191 million. The commercial paper balance remained unchanged at ¥50,000 million. - FY2020WorsenedAnnual report
「By the end of the current consolidated fiscal year, we had issued an additional ¥30,000 million of commercial paper. In addition, as of the date of submission of the annual securities report, we were working to enhance on-hand liquidity by entering into additional commitment line agreements with financial institutions.」
In response to the sharp decline in demand caused by COVID-19, an additional ¥30,000 million of commercial paper was issued and additional commitment line agreements were concluded to secure on-hand liquidity. - FY2020-Q2MitigatedAnnual report
「Net cash provided by operating activities was ¥6,499 million, an increase of ¥16,532 million from the first six months of the previous consolidated fiscal year. Net cash provided by financing activities was ¥14,456 million, mainly because funding through interest-bearing debt, including commercial paper, decreased.」
Operating cash flow turned from a deficit in the same period of the previous year to ¥6,499 million of cash inflow, while funding through commercial paper and other sources also decreased from the same period of the previous year. - FY2020-Q1WorsenedAnnual report
「Commercial paper 4,000 50,000」
The commercial paper balance increased from ¥4,000 million at the end of the previous consolidated fiscal year to ¥50,000 million, indicating an expansion in external funding. - FY2019Operating cash flow turns positive; commercial paper balance declinesAnnual report
「Net cash provided by operating activities was ¥28,286 million, a decrease of ¥44,685 million from the previous consolidated fiscal year.」
Operating cash flow turned from a deficit in the second quarter of the previous year to ¥28,286 million of cash inflow for the full year, while the commercial paper balance at fiscal year-end was ¥4,000 million. - FY2019-Q3RestatedAnnual report
「Commercial paper — 50,000」
A commercial paper balance of ¥50,000 million was recorded, continuing to show the status of external funding from the end of the previous consolidated fiscal year. - FY2019-Q2First statedAnnual report
「Net cash used in operating activities was ¥10,033 million, an increase in cash outflows of ¥29,394 million compared with the first six months of the previous consolidated fiscal year. Net cash provided by financing activities was ¥20,560 million, mainly because proceeds from commercial paper funding increased. As a result, cash and cash equivalents at the end of the first six months of the current consolidated fiscal year decreased by ¥12,097 million from the end of the previous consolidated fiscal year to ¥41,872 million.」
Operating activities used ¥10,033 million, while financing activities, including commercial paper funding, raised ¥20,560 million, reducing cash and cash equivalents to ¥41,872 million.