Prioritizing Cash Flow and Discussions on Extending Repayment Deadlines
First written in FY2016. 6 of 19 entries say "Advanced", first in FY2020. Latest entry: FY2026.
Kanmonkai moved to the "Worse" side of this theme in 2026, 4 years after the typical company in this theme (2022).
8 other companies' latest entry also says "Other".
- FY2026Decline in operating cash flow and continued repaymentsAnnual report
「Funds provided by operating activities amounted to ¥203 million, compared with ¥604 million in the previous fiscal year.” “Funds used in financing activities amounted to ¥689 million, compared with ¥1,557 million in the previous fiscal year. This was attributable to factors reducing funds, including a net decrease of ¥550 million due to repayment of short-term borrowings and cash outflows of ¥139 million due to repayment of long-term borrowings.」
Operating cash flow decreased from ¥604 million to ¥203 million, while the Company continued to repay short-term and long-term borrowings, reducing financing cash outflows from ¥1,557 million to ¥689 million. - 2026-05-15WorsenedEarnings
「Funds generated by operating activities were ¥203 million, compared with ¥604 million generated in the previous fiscal year.」
Cash flow from operating activities declined from ¥604 million to ¥203 million, while financing activities used ¥689 million. - FY2026-H1Larger operating cash outflows and smaller financing cash outflowsAnnual report
「Funds used in operating activities amounted to ¥442 million.” “Funds used in financing activities amounted to ¥169 million. This reflected factors reducing funds, including a net decrease of ¥100 million due to repayment of short-term borrowings and cash outflows of ¥69 million due to repayment of long-term borrowings.」
Funds used in operating activities increased from ¥399 million in the same period of the previous year to ¥442 million, while funds used in financing activities decreased from ¥1,110 million to ¥169 million. - FY2025Increased operating cash flow and larger financing cash outflowsAnnual report
「Funds provided by operating activities amounted to ¥604 million, compared with ¥380 million in the previous fiscal year. Funds used in financing activities amounted to ¥1,557 million, compared with ¥600 million in the previous fiscal year.」
Operating cash flow increased, while funds used in financing activities expanded due to repayment of short-term and long-term borrowings. - FY2025-H1Increased operating and financing cash outflowsAnnual report
「Funds used in operating activities amounted to ¥399 million.” “Funds used in financing activities amounted to ¥1,110 million. This reflected factors reducing funds, including a net decrease of ¥908 million in short-term borrowings and ¥602 million in cash outflows due to repayment of long-term borrowings, despite a ¥400 million increase in proceeds from long-term borrowings.」
Operating cash flow was an outflow of ¥399 million, while financing activities used ¥1,110 million. The Company raised ¥400 million through long-term borrowings, while repaying ¥908 million of short-term borrowings and ¥602 million of long-term borrowings. - FY2024Operating cash flow remained positive but declinedAnnual report
「Funds provided by operating activities amounted to ¥380 million, compared with ¥1,136 million in the previous fiscal year.” “Funds used in financing activities amounted to ¥600 million, compared with ¥1 million in the previous fiscal year.”」
Operating cash flow remained positive at ¥380 million but declined from the previous fiscal year, while financing activities used ¥600 million due to repayment of short-term borrowings and other obligations. - FY2024-Q2Operating cash outflows alongside repayment of borrowingsAnnual report
「Funds used in operating activities amounted to ¥169 million.」
Operating cash flow amounted to an outflow of ¥169 million, shifting from funds generated through operating activities in the previous fiscal year to an outflow. In financing activities, the Company also repaid short-term borrowings and other obligations. - FY2023AdvancedAnnual report
「Funds provided by operating activities amounted to ¥1,136 million, compared with ¥293 million in the previous fiscal year.」
Operating cash flow increased from ¥293 million to ¥1,136 million due to a ¥481 million decrease in inventories, ¥173 million in profit before income taxes, a ¥140 million increase in accrued consumption taxes and other factors. - FY2023-Q2Operating cash flow shifted to an outflowAnnual report
「Funds used in operating activities amounted to ¥219 million.」
While ¥293 million was generated through operating activities in the previous consolidated fiscal year, the cumulative second quarter of the current fiscal year resulted in an outflow of ¥219 million. Although other receivables were collected, the quarterly net loss before income taxes and a decrease in trade payables were among the factors causing cash outflows. - FY2022AdvancedAnnual report
「Funds provided by operating activities amounted to ¥293 million, compared with ¥787 million used in the previous fiscal year. This was attributable to factors increasing funds, including a ¥268 million decrease in other receivables, a ¥96 million decrease in trade receivables, ¥84 million in depreciation and amortization, and recognition of ¥11 million in profit before income taxes, despite factors reducing funds, including a ¥157 million increase in inventories and a ¥93 million decrease in trade payables.」
Through collection of other receivables and trade receivables, operating cash flow shifted from an outflow of ¥787 million in the previous fiscal year to an inflow of ¥293 million, supporting the securing of working capital. - FY2022-Q1Maintaining working capital through collection of other receivablesAnnual report
「The Company maintained cash and deposits, which had declined due to the recognition of a quarterly net loss attributable to owners of the parent, through collection of other receivables and other measures, and secured working capital.」
In addition to obtaining borrowings as before, the Company maintained cash and deposits through collection of other receivables and other measures, thereby securing working capital. - FY2021AdvancedAnnual report
「At the end of the current consolidated fiscal year, cash and cash equivalents increased by ¥271 million to ¥1,396 million due to borrowings under an overdraft agreement, the exercise of stock acquisition rights, recognition of losses attributable to the impact of COVID-19, and other factors.」
The Company secured cash and cash equivalents of ¥1,396 million through overdraft borrowings and other measures. Liquidity management efforts continued, and securing working capital through borrowings took concrete form. - FY2021-Q2AdvancedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, cash and cash equivalents, hereinafter referred to as “funds,” increased by ¥303 million from the end of the previous consolidated fiscal year to ¥1,428 million, due to borrowings under an overdraft agreement, acquisition of property, plant and equipment, recognition of losses attributable to the impact of COVID-19, and other factors.」
Despite operating cash flow representing an outflow of ¥603 million, the Company secured cash and cash equivalents of ¥1,428 million through borrowings under an overdraft agreement. - FY2021-Q1AdvancedAnnual report
「The Company has maintained the decline in cash and deposits caused by the impact of COVID-19 through new borrowings and has secured working capital.」
The Company states that it secured working capital through new borrowings in response to the decline in cash caused by COVID-19. - FY2020AdvancedAnnual report
「In addition, although the Company was in breach of certain financial covenants at the end of the fiscal year ended March 2020, as it is clear that this was temporary and attributable to the impact of COVID-19, the Company is in a position to receive a certain degree of understanding from all financial institutions, including its principal banks.」
The Company discloses that it is in breach of financial covenants due to COVID-19 and that financial institutions have granted it relief based on a certain degree of understanding. - FY2020-Q2AchievedAnnual report
「The Company entered into a syndicated loan agreement on 26 September 2019. ……Loan A: borrowing type, commitment line; contract amount, ¥500 million; use of funds, general working capital and refinancing of existing borrowings ……Loan B: borrowing type, term loan; contract amount, ¥500 million; use of funds, long-term working capital and refinancing of existing borrowings」
Regarding the renegotiation of refinancing terms, the Company entered into a new syndicated loan agreement totaling ¥1,000 million on 26 September 2019 and refinanced working capital and existing borrowings through a commitment line and a term loan. - FY2018Continued renegotiation of refinancing termsAnnual report
「The Group is negotiating with its lending financial institutions so that it can continue borrowing on new terms before this maturity date, and is in a position to receive a certain degree of understanding from all financial institutions, including its principal banks.」
Even after revising the previous borrowing terms through the arrangement of a syndicated loan, the Group is continuing negotiations with financial institutions to maintain borrowing on new terms before the final repayment date in September 2019. - FY2017-Q2AchievedAnnual report
「In September, the Company arranged a syndicated loan and revised its borrowing terms, which had been a significant management issue.」
Discussions with lending financial institutions on revising borrowing terms resulted in the specific outcome of entering into and arranging a syndicated loan agreement. - FY2016First statedAnnual report
「The Group is advancing management improvements focused on cash flow and discussions with its lending financial institutions regarding the terms of its agreements. As these improvements have created prospects for securing earnings through stable store operations, the lending financial institutions are in a position to show a certain degree of understanding regarding an extension of the repayment maturities.」
As a response to liquidity risk, the Group is pursuing management improvements and discussions with financial institutions regarding the terms of its agreements.