Negative operating cash flow due to an increase in inventories
First written in FY2018-Q2. 5 of 16 entries say "Advanced", first in FY2019. Latest entry: 2026-05-11.
Open House Group moved to the "Worse" side of this theme in 2026, 4 years after the typical company in this theme (2022).
The whole theme swung hardest in 2022: 38 of 140 companies on the "Worse" side.
70 other companies' latest entry also says "Other".
- FY2025Sharp decline in operating cash flowAnnual report
「Cash provided by operating activities was ¥29,530 million (¥104,764 million provided in the previous fiscal year). This was mainly due to an increase in inventories of ¥70,678 million and income taxes paid of ¥32,307 million, despite profit before income taxes of ¥144,796 million, among other factors.」
Operating cash flow remained positive, but declined substantially from ¥104,764 million in the previous year to ¥29,530 million. The increase in inventories was the main factor behind the cash outflow. - FY2025-H1Widening Operating Cash Flow DeficitAnnual report
「Cash used in operating activities was ¥5,289 million (¥2,198 million used in the same period of the previous year). This was mainly due to an increase in inventories of ¥36,605 million, an increase in operating loans of ¥15,747 million and income taxes paid of ¥14,203 million, despite interim profit before income taxes of ¥72,142 million. In addition, decreases in accounts payable and interest payments resulted in combined outflows of ¥10,090 million, among other factors.」
Operating cash flow remained an outflow, with the deficit widening from ¥2,198 million in the same period of the previous year to ¥5,289 million. Increases in inventories and operating loans, among other factors, were the main drivers of the outflow. - FY2024-Q2Narrower Operating Cash Flow DeficitAnnual report
「Cash used in operating activities was ¥2,198 million (¥17,604 million used in the same period of the previous year).」
Operating cash flow remained an outflow, but the deficit narrowed from ¥17,604 million in the same period of the previous year to ¥2,198 million. - FY2023AdvancedAnnual report
「Cash provided by operating activities was ¥17,393 million (¥16,353 million used in the previous fiscal year).」
Operating cash flow turned from an outflow of ¥16,353 million in the previous year to an inflow of ¥17,393 million, returning to positive territory. Meanwhile, inventories increased by ¥85,219 million. - FY2023-Q2Operating cash flow turned negativeAnnual report
「Cash used in operating activities was ¥17,604 million (¥11,701 million provided in the same period of the previous year). This was mainly due to an increase in inventories of ¥58,549 million, an increase in operating loans of ¥13,713 million and income taxes paid of ¥12,194 million, despite profit before income taxes of ¥67,536 million, among other factors.」
Operating cash flow turned from an inflow of ¥11,701 million in the same period of the previous year to an outflow of ¥17,604 million. Increases in inventories of ¥58,549 million and operating loans of ¥13,713 million, among other factors, were the main drivers of the outflow. - FY2022-Q2Lower Operating Cash FlowAnnual report
「Cash provided by operating activities was ¥11,701 million (¥31,746 million provided in the same period of the previous year). This was mainly due to an increase in inventories of ¥43,886 million and income taxes paid of ¥12,001 million, partly offset by profit before income taxes of ¥61,507 million and an increase in accounts payable of ¥8,634 million, among other factors.」
Operating cash flow decreased from an inflow of ¥31,746 million in the same period of the previous year to ¥11,701 million. The ¥43,886 million increase in inventories and income tax payments were the main factors behind the outflow. - FY2021AdvancedAnnual report
「Cash provided by operating activities was ¥50,123 million (¥48,793 million provided in the previous fiscal year).」
Operating cash flow increased from ¥48,793 million in the previous fiscal year to ¥50,123 million, remaining a cash inflow. - FY2021-Q2AdvancedAnnual report
「Cash provided by operating activities was ¥31,746 million (¥8,696 million used in the same period of the previous year).」
Operating cash flow turned from an outflow of ¥8,696 million in the same period of the previous year to an inflow of ¥31,746 million. The gain on the recognition of negative goodwill and profit before income taxes, among other factors, contributed to the cash inflow. - FY2020AdvancedAnnual report
「Cash provided by operating activities was ¥48,793 million (¥14,344 million provided in the previous fiscal year).」
Operating cash flow increased from ¥14,344 million in the previous fiscal year to ¥48,793 million. A ¥12,516 million decrease in inventories, among other factors, contributed to the cash inflow. - FY2020-Q2Narrower Operating Cash Flow DeficitAnnual report
「Cash used in operating activities was ¥8,696 million (¥9,649 million used in the same period of the previous year). This was mainly due to an increase in inventories of ¥19,912 million, income taxes paid of ¥8,479 million and an increase in operating loans of ¥5,722 million, despite the recording of profit before income taxes of ¥26,093 million, among other factors.」
Operating cash flow remained an outflow of ¥8,696 million, but the deficit narrowed from ¥9,649 million in the same period of the previous year. The main factors behind the outflow were increases in inventories and operating loans, among other items. - FY2019AdvancedAnnual report
「Funds generated from operating activities amounted to ¥14,344 million, compared with ¥10,017 million used in the previous consolidated fiscal year.」
Operating cash flow turned from an outflow of ¥10,017 million in the previous fiscal year to an inflow of ¥14,344 million, returning to positive territory. - FY2019-Q2Narrower Operating Cash Flow DeficitAnnual report
「Funds used in operating activities amounted to ¥9,649 million, compared with ¥19,871 million used in the same period of the previous year. This was mainly because, despite the recording of ¥22,966 million in profit before income taxes and other adjustments, inventories increased by ¥21,452 million, income taxes paid amounted to ¥5,818 million, and operating loans increased by ¥5,228 million, among other factors.」
Operating cash flow remained negative, with an outflow of ¥9,649 million, but the deficit narrowed from the ¥19,871 million outflow in the same period of the previous year. The ¥21,452 million increase in inventories was the main outflow factor, among others. - FY2018WorsenedAnnual report
「Funds used in operating activities amounted to ¥10,017 million, compared with ¥799 million used in the previous consolidated fiscal year. This was mainly because, despite the recording of ¥45,456 million in profit before income taxes and other adjustments, inventories increased by ¥40,288 million and income taxes paid amounted to ¥12,625 million, among other factors.」
The outflow from operating activities increased from ¥799 million to ¥10,017 million, with the ¥40,288 million increase in inventories cited as the main factor. - FY2018-Q2First statedAnnual report
「Funds used in operating activities amounted to ¥19,871 million, compared with ¥2,257 million generated in the same period of the previous year. This was mainly because, despite the recording of ¥20,169 million in profit before income taxes and other adjustments, inventories increased by ¥33,887 million, income taxes paid amounted to ¥3,774 million, and operating loans increased by ¥2,875 million, among other factors.」
Operating cash flow for the first half amounted to an outflow of ¥19,871 million, turning negative from the ¥2,257 million generated in the same period of the previous year. The main factor cited was an increase of ¥33,887 million in inventories, among other factors.