Pressure on Operating Cash Flow from Increased Inventories
First written in FY2017-Q1. 20 of 38 entries say "Worsened", first in FY2017-Q2. Latest entry: 2026-11-10.
Iida Group Holdings 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: 44 of 163 companies on the "Worse" side.
48 other companies' latest entry also says "Worsened".
- 2026-11-10WorsenedResults
「Net cash used in operating activities was ¥95.691 billion, compared with ¥92.346 billion used in the same period of the previous year. This was mainly attributable to interim profit before tax of ¥47.148 billion, an increase in inventories of ¥119.729 billion, and corporate income tax payments of ¥19.085 billion.」
棚卸資産の増加額が拡大し、営業活動による資金使用も前年同期から増加している。 - FY2027-H1WorsenedAnnual report
「Net cash used in operating activities was ¥95.691 billion, compared with ¥92.346 billion used in the same period of the previous year. This was mainly attributable to interim profit before tax of ¥47.148 billion, an increase in inventories of ¥119.729 billion, and corporate income tax payments of ¥19.085 billion.」
The ¥119.729 billion increase in inventories expanded net cash used in operating activities from ¥92.346 billion in the same period of the previous year to ¥95.691 billion, intensifying the pressure on cash flow from inventories. - 2026-08-07WorsenedResults
「これは主に、現金及び預金の減少263億80百万円及び棚卸資産の増加644億87百万円等によるものであります。」
棚卸資産が前連結会計年度末から644億87百万円増加し、在庫による資金圧迫リスクの拡大を示している。 - FY2026WorsenedAnnual report
「Cash used in operating activities was ¥97,485 million (compared with ¥92,252 million generated in the previous fiscal year). This was mainly due to profit before tax of ¥89,943 million, a change in inventories of ¥138,983 million, and income taxes paid of ¥31,058 million.」
Due to the increase in inventories, operating cash flow turned from ¥92,252 million generated in the previous fiscal year to ¥97,485 million used, with cash pressure from inventory increasing again. - 2026-05-15WorsenedResults
「営業活動の結果使用した資金は974億85百万円（前連結会計年度は922億52百万円の獲得）となりました。これは主に、税引前利益899億43百万円、棚卸資産の増加額1,389億83百万円及び法人所得税の支払額310億58百万円があったことによるものであります。」
営業キャッシュ・フローは前期の獲得から使用へ転じ、棚卸資産の増加も継続している。 - FY2026-H1WorsenedAnnual report
「Cash used in operating activities was ¥92,346 million (compared with ¥10,685 million generated in the same period of the previous year). This was mainly due to interim profit before tax of ¥36,069 million, an increase in inventories of ¥93,676 million, and income taxes paid of ¥17,540 million.」
Inventories increased by ¥93,676 million, and operating cash flow turned from ¥10,685 million generated in the same period of the previous year to ¥92,346 million used, with cash pressure from inventory increasing again. - FY2025MitigatedAnnual report
「Cash generated from operating activities was ¥92,252 million (compared with ¥16,449 million used in the previous fiscal year). This was mainly due to profit before tax of ¥74,315 million, a decrease in inventories of ¥27,293 million, and income taxes paid of ¥19,206 million.」
Inventories decreased by ¥27,293 million, and operating cash flow turned from ¥16,449 million used in the previous fiscal year to ¥92,252 million generated. - FY2025-H1MitigatedAnnual report
「Cash generated from operating activities was ¥10,685 million (compared with ¥65,466 million used in the same period of the previous year).」
Operating cash flow turned from ¥65,466 million used in the same period of the previous year to ¥10,685 million generated. The change in inventories also shifted from a sharp increase in the same period of the previous year to a slight decrease, indicating less cash pressure from inventory. - FY2024MitigatedAnnual report
「Cash used in operating activities was ¥16,449 million (compared with ¥56,997 million used in the previous fiscal year). This was mainly due to profit before tax of ¥55,653 million and an increase in inventories of ¥67,246 million.」
Although inventories increased, cash used in operating activities decreased from the previous fiscal year, indicating less cash flow pressure from inventory year on year. - FY2024-Q3MitigatedAnnual report
「Cash used in operating activities was ¥105,661 million (compared with ¥122,679 million used in the same period of the previous year). This was mainly due to quarterly profit before tax of ¥45,380 million, an increase in inventories of ¥132,706 million, income taxes paid of ¥31,636 million, and income tax refunds of ¥8,514 million.」
Cash used in operating activities decreased year on year, while the increase in inventories also declined from ¥174,155 million in the same period of the previous year to ¥132,706 million, indicating less cash flow pressure from inventory year on year. - FY2024-Q2MitigatedAnnual report
「Cash used in operating activities was ¥65,466 million (compared with ¥69,130 million used in the same period of the previous year). This was mainly due to quarterly profit before tax of ¥35,687 million and an increase in inventories of ¥86,837 million」
Cash used in operating activities decreased year on year, while the increase in inventories also declined from ¥117,091 million in the same period of the previous year to ¥86,837 million, indicating less cash flow pressure from inventory year on year. - FY2024-Q1MitigatedAnnual report
「Cash used in operating activities was ¥53,270 million (compared with ¥72,461 million used in the same period of the previous year). This was mainly due to quarterly profit before tax of ¥18,349 million, an increase in inventories of ¥55,329 million, and income taxes paid of ¥18,186 million.」
Although inventories increased by ¥55,329 million, cash used in operating activities decreased from ¥72,461 million in the same period of the previous year to ¥53,270 million, indicating less cash flow pressure from inventory year on year. - FY2023WorsenedAnnual report
「Cash used in operating activities was ¥56,997 million (compared with ¥3,115 million generated in the previous fiscal year). This was mainly due to profit before tax of ¥106,601 million, depreciation and amortization of ¥16,381 million, an increase in inventories of ¥140,405 million, an increase in trade and other payables of ¥12,921 million, income taxes paid of ¥67,638 million, and income tax refunds of ¥13,248 million.」
The full-year increase in inventories was ¥140,405 million, and operating cash flow turned from ¥3,115 million generated in the previous fiscal year to ¥56,997 million used, with cash pressure from inventory becoming apparent for the full year as well. - FY2023-Q3WorsenedAnnual report
「Cash used in operating activities was ¥122,679 million (compared with ¥12,898 million used in the same period of the previous year). This was mainly due to quarterly profit before tax of ¥96,769 million, an increase in inventories of ¥174,155 million, income taxes paid of ¥65,746 million, and income tax refunds of ¥13,991 million.」
The increase in inventories expanded to ¥174,155 million, and cash used in operating activities rose sharply from ¥12,898 million in the same period of the previous year to ¥122,679 million. - FY2023-Q2WorsenedAnnual report
「Cash used in operating activities was ¥69,302 million (compared with ¥13,337 million generated in the same period of the previous year). This was mainly due to quarterly profit before tax of ¥76,955 million, an increase in inventories of ¥117,091 million, income taxes paid of ¥42,930 million, and income tax refunds of ¥13,018 million.」
The increase in inventories expanded to ¥117,091 million, and operating cash flow turned from cash generated in the same period of the previous year to ¥69,302 million used. - FY2023-Q1WorsenedAnnual report
「Cash used in operating activities was ¥72,533 million (compared with ¥5,248 million used in the same period of the previous year). This was mainly due to quarterly profit before tax of ¥32,599 million, an increase in inventories of ¥64,978 million, and income taxes paid of ¥42,679 million.」
Cash used in operating activities increased from ¥5,248 million in the same period of the previous year to ¥72,533 million, while inventories also increased by ¥64,978 million, indicating greater cash flow pressure from inventory. - FY2022WorsenedAnnual report
「Cash generated from operating activities was ¥3,115 million (compared with ¥322,982 million generated in the previous fiscal year). This was mainly due to profit before tax of ¥152,200 million and an increase in inventories of ¥133,111 million.」
Inventories increased by ¥133,111 million, and cash generated from operating activities fell sharply from ¥322,982 million in the previous fiscal year to ¥3,115 million. - FY2022-Q3WorsenedAnnual report
「Cash used in operating activities was ¥12,898 million (compared with ¥256,741 million generated in the same period of the previous year). This was mainly due to quarterly profit before tax of ¥120,458 million, an increase in inventories of ¥106,004 million, and income taxes paid of ¥50,205 million.」
Inventories increased by ¥106,004 million, and operating cash flow turned from ¥256,741 million generated in the same period of the previous year to ¥12,898 million used. Cash pressure from higher inventories has resurfaced. - FY2022-Q2WorsenedAnnual report
「Cash generated from operating activities was ¥13,337 million (compared with ¥177,643 million generated in the same period of the previous year). This was mainly due to quarterly profit before tax of ¥84,435 million and an increase in inventories of ¥48,315 million」
Although operating cash flow was positive, it fell sharply from ¥177,643 million in the same period of the previous year to ¥13,337 million, while inventories also increased by ¥48,315 million. The pressure from higher inventories on cash generation has increased year on year. - FY2022-Q1WorsenedAnnual report
「Cash used in operating activities was ¥5,248 million (compared with ¥9,466 million generated in the same period of the previous year). This was mainly due to quarterly profit before tax of ¥40,278 million, an increase in inventories of ¥16,572 million, and income taxes paid of ¥32,140 million.」
Inventories increased by ¥16,572 million, and operating cash flow turned from ¥9,466 million generated in the same period of the previous year to ¥5,248 million used. - FY2021-Q3MitigatedAnnual report
「Cash generated from operating activities was ¥256,741 million (compared with ¥96,033 million used in the same period of the previous year). This was mainly due to quarterly profit before tax of ¥84,861 million, a decrease in inventories of ¥210,643 million, and a decrease in trade and other payables of ¥32,048 million.」
Inventories decreased by ¥210,643 million, and operating cash flow turned from ¥96,033 million used in the same period of the previous year to ¥256,741 million generated, indicating less cash pressure from inventory. - FY2021-Q2MitigatedAnnual report
「Cash generated from operating activities was ¥177,643 million (compared with ¥53,898 million used in the same period of the previous year). This was mainly due to quarterly profit before tax of ¥51,275 million, a decrease in inventories of ¥150,073 million, and a decrease in trade and other payables of ¥26,136 million.」
Inventories decreased by ¥150,073 million, and operating cash flow turned from ¥53,898 million used in the same period of the previous year to ¥177,643 million generated, indicating less cash pressure from inventory. - FY2021-Q1MitigatedAnnual report
「Cash generated from operating activities was ¥9.466 billion, compared with ¥53.554 billion used in the same period of the previous year. This was mainly due to profit before tax of ¥16.182 billion, a decrease in inventories of ¥12.651 billion, and income taxes paid of ¥18.668 billion.」
Operating cash flow shifted from cash usage of ¥53.554 billion in the same period of the previous year to cash generation of ¥9.466 billion, while inventories decreased by ¥12.651 billion, indicating that inventory-related cash-flow pressure had eased. - FY2020WorsenedAnnual report
「Cash generated from operating activities was ¥17.392 billion, compared with ¥46.578 billion generated in the previous fiscal year. This was mainly due to profit before tax of ¥78.766 billion, an increase in inventories of ¥52.526 billion, and income taxes paid of ¥40.360 billion.」
Cash generated from operating activities declined from ¥46.578 billion to ¥17.392 billion, while inventories increased by ¥52.526 billion, indicating continued pressure on cash generation. - FY2020-Q3WorsenedAnnual report
「Cash used in operating activities was ¥96.033 billion, compared with ¥26.953 billion used in the same period of the previous year. This was mainly due to profit before tax of ¥63.108 billion, an increase in inventories of ¥132.818 billion, income taxes paid of ¥38.338 billion, and income tax refunds of ¥9.630 billion.」
The increase in inventories widened from ¥74.820 billion in the same period of the previous year to ¥132.818 billion, while cash used in operating activities increased from ¥26.953 billion to ¥96.033 billion. - FY2020-Q2WorsenedAnnual report
「Cash used in operating activities was ¥53.898 billion, compared with ¥3.148 billion used in the same period of the previous year. This was mainly due to profit before tax of ¥45.126 billion, an increase in inventories of ¥81.523 billion, and income taxes paid of ¥24.603 billion.」
The increase in inventories widened from ¥38.253 billion in the same period of the previous year to ¥81.523 billion, and cash used in operating activities also increased substantially. - FY2020-Q1WorsenedAnnual report
「Cash used in operating activities was ¥53.554 billion, compared with ¥12.375 billion used in the same period of the previous year. This was mainly due to profit before tax of ¥19.112 billion, an increase in inventories of ¥55.232 billion, and income taxes paid of ¥24.441 billion.」
The increase in inventories widened from ¥12.017 billion in the same period of the previous year to ¥55.232 billion, while cash used in operating activities increased from ¥12.375 billion to ¥53.554 billion. - FY2019MitigatedAnnual report
「Cash generated from operating activities was ¥46.578 billion, compared with ¥17.599 billion generated in the previous fiscal year. This was mainly due to profit before tax of ¥94.123 billion and an increase in inventories of ¥35.488 billion.」
Although inventories increased, operating cash flow rose from ¥17.599 billion in the previous year to ¥46.578 billion, indicating that cash-flow pressure had eased. - FY2019-Q3MitigatedAnnual report
「Cash used in operating activities was ¥26.953 billion, compared with ¥50.140 billion used in the same period of the previous year. This was mainly due to profit before tax of ¥69.969 billion, an increase in inventories of ¥74.820 billion, income taxes paid of ¥36.730 billion, and income tax refunds of ¥11.360 billion.」
Although inventories increased by ¥74.820 billion, cash used in operating activities decreased from ¥50.140 billion in the same period of the previous year to ¥26.953 billion, indicating that cash-flow pressure had eased year on year. - FY2019-Q2MitigatedAnnual report
「Cash used in operating activities was ¥3.148 billion, compared with ¥14.856 billion used in the same period of the previous year. This was mainly due to profit before tax of ¥46.568 billion, an increase in inventories of ¥38.253 billion, income taxes paid of ¥22.484 billion, and income tax refunds of ¥11.359 billion.」
Although inventories increased, both the increase in inventories and cash used in operating activities were lower than in the same period of the previous year, indicating that cash-flow pressure had eased. - FY2019-Q1MitigatedAnnual report
「Cash used in operating activities was ¥12.375 billion, compared with ¥22.974 billion used in the same period of the previous year. This was mainly due to profit before tax of ¥23.255 billion, an increase in inventories of ¥12.017 billion, and income taxes paid of ¥22.393 billion.」
The increase in inventories was ¥12.017 billion, while cash used in operating activities was ¥12.375 billion, with both amounts lower than in the same period of the previous year. - FY2018MitigatedAnnual report
「Cash generated from operating activities was ¥17.599 billion, compared with ¥29.616 billion used in the previous fiscal year. This was mainly due to profit before tax of ¥100.316 billion, an increase in inventories of ¥54.846 billion, and income taxes paid of ¥41.746 billion.」
Although inventories increased by ¥54.846 billion, operating cash flow shifted from cash usage of ¥29.616 billion in the previous fiscal year to cash generation of ¥17.599 billion, indicating that the pressure had eased. - FY2018-Q3MitigatedAnnual report
「Cash used in operating activities was ¥50.140 billion, compared with ¥77.196 billion used in the same period of the previous year. This was mainly due to profit before tax of ¥75.747 billion, an increase in inventories of ¥99.210 billion, and income taxes paid of ¥39.448 billion.」
Although inventories increased by ¥99.210 billion, cash used in operating activities decreased from ¥77.196 billion in the same period of the previous year to ¥50.140 billion, indicating that cash-flow pressure had eased year on year. - FY2018-Q2MitigatedAnnual report
「Cash used in operating activities was ¥14.856 billion, compared with ¥39.863 billion used in the same period of the previous year. This was mainly due to profit before tax of ¥52.185 billion, an increase in inventories of ¥56.561 billion, and income taxes paid of ¥21.538 billion.」
Although inventories increased, the increase in inventories declined from ¥66.922 billion in the same period of the previous year to ¥56.561 billion, while cash used in operating activities decreased from ¥39.863 billion to ¥14.856 billion, indicating that cash-flow pressure had eased year on year. - FY2018-Q1MitigatedAnnual report
「Cash used in operating activities was ¥22.974 billion, compared with ¥43.096 billion used in the same period of the previous year. This was mainly due to profit before tax of ¥25.204 billion, an increase in inventories of ¥38.744 billion, and income taxes paid of ¥21.159 billion.」
Although inventories increased by ¥38.744 billion, cash used in operating activities decreased from ¥43.096 billion in the same period of the previous year to ¥22.974 billion, indicating that cash-flow pressure had eased from the previous period. - FY2017-Q3WorsenedAnnual report
「Cash used in operating activities was ¥77.196 billion, compared with ¥2.217 billion generated in the same period of the previous year. This was mainly due to profit before tax of ¥83.051 billion, an increase in inventories of ¥115.3 billion, a decrease in trade and other payables of ¥7.895 billion, and income taxes paid of ¥36.591 billion.」
The increase in inventories was ¥115.3 billion, and cash used in operating activities also increased to ¥77.196 billion, indicating a further increase in the cash burden from the previous quarter. - FY2017-Q2WorsenedAnnual report
「Cash used in operating activities was ¥39.863 billion, compared with ¥22.515 billion generated in the same period of the previous year. This was mainly due to profit before tax of ¥57.515 billion, an increase in inventories of ¥66.922 billion, a decrease in trade and other payables of ¥11.686 billion, and income taxes paid of ¥20.258 billion.」
The increase in inventories was ¥66.922 billion, and operating cash flow shifted from cash generation in the same period of the previous year to cash usage of ¥39.863 billion. The cash-flow pressure from higher inventories has increased in quantitative terms. - FY2017-Q1First statedAnnual report
「Cash used in operating activities was ¥43.096 billion, compared with ¥9.186 billion generated in the same period of the previous year. This was mainly due to profit before tax of ¥26.897 billion, an increase in inventories of ¥41.696 billion, and income taxes paid of ¥20.258 billion.」
The results show that operating cash flow shifted from cash generation in the same period of the previous year to cash usage, mainly due to higher inventories.