Use of operating funds for procuring products for sale and funding through borrowings
First written in FY2019-Q2. 5 of 28 entries say "Advanced", first in FY2019. Latest entry: FY2026.
The whole theme swung hardest in 2020: 1 of 8 companies on the "Worse" side.
3 other companies' latest entry also says "Other".
- FY2026Operating cash flow turns negative as borrowings continueAnnual report
「Cash used in operating activities was ¥746.051 million, compared with ¥4,407.214 million provided in the same period of the previous year. Cash provided by financing activities was ¥1,104.044 million, compared with ¥397.691 million used in the same period of the previous year. This was mainly due to ¥13,810.000 million in proceeds from long-term borrowings, partly offset by ¥11,853.397 million in repayments of long-term borrowings and ¥970.602 million in dividends paid.」
While operating activities shifted to using cash, financing activities generated cash through ¥13,810.000 million in proceeds from long-term borrowings and other sources. - 2026-05-15OtherRevision of earnings forecasts
「営業活動の結果支出した資金は、746,051千円（前年同期は4,407,214千円の収入）となりました。」
営業活動による資金が前年の収入から支出へ転じる一方、財務活動では1,104,044千円を得ている。 - FY2026-H1Increased operating cash use and borrowingAnnual report
「Cash used in operating activities was ¥8,980.319 million, compared with ¥6,587.964 million used in the same period of the previous year. Cash provided by financing activities was ¥5,471.776 million, compared with ¥4,086.735 million in the same period of the previous year. This was mainly due to ¥7,047.000 million in proceeds from long-term borrowings and a ¥2,089.000 million net increase in short-term borrowings, partly offset by ¥2,620.756 million in repayments of long-term borrowings and ¥970.011 million in dividends paid.」
While cash used in operating activities increased from ¥6,587.964 million in the same period of the previous year to ¥8,980.319 million, mainly due to an increase in inventories, ¥5,471.776 million was raised through long- and short-term borrowings. - FY2025Operating cash flow turns positive, while financing activities use cashAnnual report
「Cash provided by operating activities was ¥4,407.214 million, compared with ¥3,996.252 million used in the same period of the previous year.」
Operating activities shifted from using cash in the previous period to generating ¥4,407.214 million. Financing activities, meanwhile, used ¥397.691 million. - FY2025-H1Operating cash use continues, while borrowing declinesAnnual report
「Cash used in operating activities was ¥6,587.964 million, compared with ¥7,259.348 million used in the same period of the previous year. Cash provided by financing activities was ¥4,086.735 million, compared with ¥6,704.508 million in the same period of the previous year. This was mainly due to ¥5,323.140 million in proceeds from long-term borrowings and a ¥1,186.500 million net increase in short-term borrowings, partly offset by ¥1,984.338 million in repayments of long-term borrowings and ¥444.011 million in dividends paid.」
While ¥6,587.964 million was used in operating activities, mainly due to an increase in inventories, ¥4,086.735 million was raised through long- and short-term borrowings. Compared with the same period of the previous year, both operating cash use and cash provided by financing activities decreased. - FY2024AdvancedAnnual report
「Cash provided by financing activities was ¥5,545.703 million. This was mainly due to ¥12,050.204 million in proceeds from long-term borrowings, partly offset by ¥6,162.946 million in repayments of long-term borrowings.」
Against the use of operating funds associated with building up inventories of products for sale, ¥5,545.703 million was raised through financing activities, including ¥12,050.204 million in proceeds from long-term borrowings. - FY2024-Q3Increase in borrowings outstandingAnnual report
「Liabilities totaled ¥24,427.340 million. The main components were borrowings of ¥20,489.831 million, construction accounts payable of ¥1,769.297 million, advances received of ¥647.955 million, and amounts received for construction in progress of ¥567.521 million.」
Borrowings totaled ¥20,489.831 million at the end of the third quarter following the transition to consolidated accounting, up from ¥16,844.916 million at the end of the previous quarter. - FY2024-Q2Increased use of operating funds and borrowingAnnual report
「Cash used in operating activities was ¥7,259.348 million. This was mainly due to a quarterly net loss before income taxes of ¥661.503 million, a ¥6,650.819 million increase in inventories, a ¥775.065 million decrease in advances received, a ¥823.000 million decrease in operating investments, a ¥742.923 million decrease in accounts receivable from completed construction contracts, and ¥620.655 million in income taxes paid. Cash provided by financing activities was ¥6,704.508 million. This was mainly due to ¥4,755.064 million in proceeds from long-term borrowings and a ¥2,460.500 million net increase in short-term borrowings, partly offset by ¥413.826 million in dividends paid.」
While operating activities used ¥7,259.348 million, ¥6,704.508 million was raised through long- and short-term borrowings, indicating the use of funds for inventory build-up and reliance on borrowing. - FY2024-Q1Larger increase in borrowingsAnnual report
「Liabilities increased by ¥2,549.861 million from the end of the previous fiscal year to ¥16,268.300 million. This was mainly due to a ¥3,260.867 million increase in borrowings, while income taxes payable decreased by ¥654.230 million.」
As inventories of real estate for sale and other assets built up, borrowings increased by ¥3,260.867 million, while total liabilities increased by ¥2,549.861 million. - FY2023Continued use of operating cash and borrowingsAnnual report
「Cash used in operating activities amounted to ¥1,464.008 million, compared with ¥1,904.057 million used in the same period of the previous fiscal year. Cash provided by financing activities amounted to ¥452.229 million, compared with ¥2,999.278 million provided in the same period of the previous fiscal year.」
While cash was used in operating activities due to increases in inventories and other items, financing was raised through ¥7,632.000 million in proceeds from long-term borrowings and other sources. - FY2023-Q3Borrowings continue to increaseAnnual report
「Liabilities increased by ¥3,766.302 million from the end of the previous fiscal year to ¥15,091.512 million. This was mainly due to increases of ¥3,833.224 million in borrowings and ¥645.776 million in accounts payable for construction.」
Borrowings increased by ¥3,833.224 million from the end of the previous fiscal year in connection with financing for the procurement of inventory for sale and other activities. - FY2023-Q2Reduced use of operating cash as borrowings continueAnnual report
「Cash used in operating activities amounted to ¥4,049.090 million, compared with ¥6,371.695 million used in the same period of the previous fiscal year.」
Although the use of cash in operating activities decreased from the same period of the previous fiscal year, cash outflows associated with procuring inventory for sale and other activities and financing through long-term and short-term borrowings continued. - FY2023-Q1Smaller increase in borrowingsAnnual report
「This was mainly due to increases of ¥272.557 million in borrowings and ¥101.267 million in accounts payable for construction, while income taxes payable decreased by ¥297.236 million.」
Borrowings increased by ¥272.557 million from the end of the previous fiscal year, but the increase was small compared with the multi-billion-yen increases reported from FY2022-Q1 through FY2022-Q3. - FY2022Operating cash flow turns negative as borrowings continueAnnual report
「Cash used in operating activities amounted to ¥1,904.057 million, compared with ¥3,441.621 million provided in the same period of the previous fiscal year.」
Operating cash flow changed from ¥3,441.621 million provided in the previous fiscal year to ¥1,904.057 million used, while financing activities raised ¥2,999.278 million. - FY2022-Q3Larger increase in borrowingsAnnual report
「Liabilities increased by ¥6,850.705 million from the end of the previous fiscal year to ¥14,832.549 million. This was mainly due to increases of ¥6,302.799 million in borrowings, ¥578.337 million in accounts payable for construction and ¥303.312 million in amounts received on uncompleted construction contracts, while accounts payable and income taxes payable decreased by ¥355.413 million as taxes were paid.」
In connection with the procurement of inventory for sale, borrowings increased by ¥6,302.799 million, exceeding the ¥5,803.525 million increase in the cumulative second quarter of the previous fiscal year. - FY2022-Q2Increased use of operating cash and borrowingsAnnual report
「Cash used in operating activities amounted to ¥6,371.695 million, compared with ¥2,802.353 million provided in the same period of the previous fiscal year. This was mainly due to a ¥5,805.791 million increase in inventories and a ¥204.294 million increase in accounts payable for construction, a quarterly pretax net loss of ¥388.784 million and payment of ¥220.595 million in income taxes and other taxes, among other factors. Cash provided by financing activities amounted to ¥5,564.313 million, compared with ¥802.618 million used in the same period of the previous fiscal year. This was mainly due to proceeds from long-term borrowings of ¥6,567.500 million and a net increase in short-term borrowings of ¥180.104 million, while repayments of long-term borrowings amounted to ¥944.079 million and dividend payments to ¥159.292 million.」
The company used ¥6,371.695 million in operating activities due to the increase in inventories and other factors, while raising ¥5,564.313 million through financing activities using long-term and short-term borrowings. - FY2022-Q1Increase in borrowings associated with higher development assetsAnnual report
「Liabilities increased by ¥3,102.373 million from the end of the previous fiscal year to ¥11,084.217 million. This was mainly due to a ¥3,552.663 million increase in borrowings, while income taxes payable decreased by ¥234.496 million, accounts payable by ¥97.786 million and accounts payable for construction by ¥89.567 million.」
Borrowings increased by ¥3,552.663 million as real estate under development for sale increased, and total liabilities increased by ¥3,102.373 million. - FY2021Increase in operating cash flow and repayments exceeding borrowingsAnnual report
「Cash provided by operating activities amounted to ¥3,441.621 million, up 146.1% year on year. This was mainly due to pretax net income of ¥864.346 million and a ¥540.530 million increase in advances received, while inventories decreased by ¥3,412.135 million and accounts payable for construction by ¥887.849 million, among other factors. Cash used in financing activities amounted to ¥1,213.940 million, down 29.7% year on year. This was mainly because proceeds from long-term borrowings amounted to ¥7,029.200 million, while repayments of long-term borrowings amounted to ¥8,163.756 million, among other factors.」
Cash provided by operating activities increased to ¥3,441.621 million, while financing activities used cash because repayments exceeded borrowing proceeds. - FY2021-Q3Borrowings increase as total liabilities declineAnnual report
「Liabilities decreased by ¥510.327 million from the end of the previous fiscal year to ¥8,556.472 million. This was mainly due to a ¥487.343 million increase in borrowings, while accounts payable for construction decreased by ¥794.193 million and income taxes payable by ¥136.465 million as taxes were paid.」
Although total liabilities decreased, borrowings increased by ¥487.343 million, while decreases in accounts payable for construction and other items reduced liabilities. - FY2021-Q2Positive operating cash flow and repayments exceeding borrowingsAnnual report
「Cash provided by operating activities amounted to ¥2,802.353 million, compared with ¥1,860.859 million used in the same period of the previous fiscal year.」
Operating cash flow changed from ¥1,860.859 million used in the same period of the previous fiscal year to ¥2,802.353 million provided. Meanwhile, financing activities used ¥802.618 million, as repayments of long-term borrowings exceeded borrowing proceeds. - FY2021-Q1Assets and borrowings increase concurrentlyAnnual report
「This was mainly due to increases of ¥2,013.936 million in real estate for sale and ¥256.734 million in accounts receivable on completed construction, while cash and deposits decreased by ¥1,043.281 million and real estate under development for sale by ¥332.372 million. Liabilities increased by ¥1,213.822 million from the end of the previous fiscal year to ¥10,280.622 million. This was mainly due to a ¥1,435.820 million increase in borrowings.」
Although no quarterly statement of cash flows was prepared, the increases in real estate for sale and other assets and in borrowings of ¥1,435.820 million are presented as changes in the financial position. - FY2020Positive operating cash flow and repayments exceeding borrowingsAnnual report
「Cash provided by operating activities amounted to ¥1,398.369 million, compared with ¥1,405.509 million used in the previous fiscal year. Cash used in financing activities amounted to ¥1,727.460 million, compared with ¥785.690 million provided in the previous fiscal year.」
Operating cash flow changed from ¥1,405.509 million used in the previous fiscal year to ¥1,398.369 million provided, while financing activities used ¥1,727.460 million, mainly for debt repayments and other purposes. - FY2020-Q3AdvancedAnnual report
「This was mainly due to a ¥1,412.550 million increase in borrowings associated with the increase in inventory for sale.」
It records ¥1,412.550 million in additional borrowings associated with the increase in inventory for sale. - FY2020-Q2AdvancedAnnual report
「Cash used in operating activities amounted to ¥1,860.859 million, compared with ¥5,078.206 million used in the same period of the previous fiscal year.」
It records the use of operating cash associated with procuring inventory for sale and other activities, together with financing including ¥3,131.900 million in proceeds from long-term borrowings, for the six-month period. - FY2020-Q1AdvancedAnnual report
「Liabilities increased by ¥780.253 million from the end of the previous fiscal year to ¥10,887.237 million. This was mainly due to a ¥1,029.323 million increase in borrowings.」
It records ¥1,029.323 million in additional borrowings in the same quarter that real estate for sale and other assets increased. - FY2019AdvancedAnnual report
「Cash used in operating activities amounted to ¥1,405.509 million, compared with ¥61.496 million used in the previous fiscal year. This was mainly due to a ¥1,535.041 million increase in inventories. Cash provided by financing activities amounted to ¥785.690 million. This was mainly due to proceeds from long-term borrowings of ¥6,783.525 million and proceeds of ¥510.400 million from the net increase in short-term borrowings, while repayments of long-term borrowings amounted to ¥6,411.467 million.」
The annual cash flow statement details the use of operating cash associated with procuring inventory and the raising of funds through long-term and short-term borrowings. - FY2019-Q3RestatedAnnual report
「Liabilities increased by ¥1,782.930 million from the end of the previous fiscal year to ¥11,162.335 million. This was mainly due to a ¥2,553.215 million increase in borrowings associated with the increase in inventory for sale.」
The disclosure continues to describe the relationship between the increase in borrowings and financing associated with the increase in inventory for sale. This time, it is presented as an explanation of the financial position rather than in the detail of the quarterly statement of cash flows. - FY2019-Q2First statedAnnual report
「Cash used in operating activities amounted to ¥5,078.206 million. This was mainly because inventories increased by ¥3,809.804 million as the scale of real estate development expanded and procurement of inventory for sale proceeded smoothly, a quarterly pretax net loss of ¥204.917 million was recorded, and amounts received on uncompleted construction contracts and accounts payable for construction decreased by ¥229.192 million and ¥200.595 million, respectively. Cash provided by financing activities amounted to ¥2,665.621 million. This was mainly due to proceeds from long-term borrowings of ¥3,090.000 million and proceeds of ¥986.600 million from the net increase in short-term borrowings, while repayments of long-term borrowings amounted to ¥1,351.892 million and dividend payments to ¥149.086 million.」
The company used substantial cash in operating activities as the scale of product development expanded and procurement progressed, while raising funds through borrowings from financial institutions and other sources.