Negative operating cash flow driven by increases in work in progress and other inventories
First written in FY2018-Q2. 3 of 18 entries say "Mitigated", first in FY2018. Latest entry: FY2027-H1.
The whole theme swung hardest in 2022: 38 of 140 companies on the "Worse" side.
70 other companies' latest entry also says "Other".
- FY2027-H1Operating cash flow remained positive but declined year on yearAnnual report
「Net cash provided by operating activities was ¥518.388 million, compared with ¥621.748 million in the same interim period of the previous year.」
Operating cash flow remained positive, but decreased from ¥621.748 million in the same interim period of the previous year to ¥518.388 million. The explanation states that cash inflow factors, including an increase in contract liabilities, exceeded income taxes paid and other outflows. - FY2026Operating cash flow turns positive and expandsAnnual report
「Cash flows from operating activities were positive at ¥693,432 thousand, compared with negative cash flows of ¥360,375 thousand in the previous consolidated fiscal year.」
Operating cash flow changed from negative ¥360.375 million in the previous consolidated fiscal year to positive ¥693.432 million, increasing the positive balance. - 2026-04-14MitigatedRevision of earnings forecasts
「Cash flows from operating activities were positive at ¥693,432 thousand, compared with negative cash flows of ¥360,375 thousand in the previous consolidated fiscal year.」
Cash flows from operating activities turned positive in the current fiscal year from negative in the previous consolidated fiscal year. - FY2026-H1Operating cash flow changed from negative to positiveAnnual report
「Net cash provided by operating activities was ¥621.748 million, compared with net cash used of ¥68.717 million in the same interim period of the previous year.」
Operating cash flow changed from negative ¥68.717 million in the same interim period of the previous year to positive ¥621.748 million. - FY2025-H1ReframedAnnual report
「Net cash used in operating activities was ¥68.717 million. This was because cash inflow factors, including interim net income before income taxes of ¥98.475 million, a ¥159.081 million increase in contract liabilities, and depreciation and amortization of ¥55.340 million, fell short of cash outflow factors, including a ¥100.570 million increase in trade receivables and contract assets and ¥296.414 million in income taxes paid.」
Operating cash flow was negative ¥68.717 million. Unlike the previous explanation, which focused on work in process and inventories, the interim consolidated accounting period identified income taxes paid of ¥296.414 million and a ¥100.570 million increase in trade receivables and contract assets as major factors reducing cash flow. - FY2024Remained positive, but decreased year on yearAnnual report
「Net cash provided by operating activities was ¥275.075 million, compared with ¥625.565 million in the previous fiscal year.」
Operating cash flow remained positive, but decreased from ¥625.565 million in the previous fiscal year to ¥275.075 million. - FY2024-Q2Remained positive, but decreased year on yearAnnual report
「Net cash provided by operating activities was ¥313.178 million, compared with ¥494.325 million in the same period of the previous year.」
Operating cash flow remained positive, but decreased from ¥494.325 million in the same period of the previous year to ¥313.178 million. - FY2023Increase in positive operating cash flowAnnual report
「Net cash provided by operating activities during the fiscal year was ¥625.565 million, compared with ¥406.453 million in the previous fiscal year.」
Operating cash flow increased from ¥406.453 million in the previous year to ¥625.565 million, increasing the positive balance. - FY2023-Q2Increase in positive operating cash flowAnnual report
「Net cash provided by operating activities was ¥494.325 million, compared with ¥293.320 million in the same period of the previous year.」
Operating cash flow increased from ¥293.320 million in the same period of the previous year to ¥494.325 million, increasing the positive balance. - FY2022-Q2Remained positive, but decreased year on yearAnnual report
「Net cash provided by operating activities during the six months ended the second quarter was ¥293.320 million, compared with ¥478.033 million in the same period of the previous year.」
Operating cash flow remained positive, but decreased from ¥478.033 million in the same period of the previous year to ¥293.320 million. A decrease in the provision for contract loss and an increase in trade receivables were factors reducing cash flow. - FY2021Increase in positive operating cash flowAnnual report
「Net cash provided by operating activities during the fiscal year was ¥683.559 million, compared with ¥450.890 million in the previous fiscal year.」
Operating cash flow increased from ¥450.890 million in the previous fiscal year to ¥683.559 million, increasing the positive balance. - FY2021-Q2Increase in positive operating cash flowAnnual report
「Net cash provided by operating activities during the six months ended the second quarter was ¥478.033 million, compared with ¥61.255 million in the same period of the previous year. This was mainly attributable to quarterly net income before income taxes of ¥145.678 million, a ¥127.648 million increase in the provision for contract loss, a ¥406.893 million decrease in trade receivables, a ¥126.790 million increase in advances received, and a ¥93.479 million increase in inventories.」
Operating cash flow increased from positive ¥61.255 million in the same period of the previous year to positive ¥478.033 million, while inventories increased by ¥93.479 million. - FY2020Maintained positive cash flow, with working capital burdenAnnual report
「Net cash provided by operating activities during the fiscal year was ¥450.890 million, compared with ¥717.280 million in the previous fiscal year. This was mainly because cash inflow factors, including pretax net income of ¥664.678 million, depreciation and amortization of ¥126.827 million, and an ¥81.281 million increase in trade payables, exceeded cash outflow factors, including a ¥384.524 million increase in trade receivables and an ¥85.272 million increase in inventories.」
Full-year operating cash flow remained positive at ¥450.890 million, but decreased from ¥717.280 million in the previous year, with increases in trade receivables and inventories placing pressure on cash flow. - FY2020-Q2Maintained positive cash flow, with working capital burdenAnnual report
「Net cash provided by operating activities during the six months ended the second quarter was ¥61.255 million, compared with ¥543.108 million in the same period of the previous year. This was mainly attributable to quarterly net income before income taxes of ¥280.758 million, depreciation and amortization of ¥58.000 million, a ¥257.237 million increase in trade receivables, a ¥133.394 million increase in inventories, and a ¥110.751 million increase in advances received.」
Operating cash flow remained positive, but decreased from ¥543.108 million in the same period of the previous year to ¥61.255 million, with increases in trade receivables and inventories reported as factors placing pressure on cash flow. - FY2019-Q2MitigatedAnnual report
「Net cash provided by operating activities during the six months ended the second quarter was ¥543.108 million, compared with net cash used of ¥203.773 million in the same period of the previous year. This was mainly because cash inflow factors, including quarterly net income before income taxes of ¥132.277 million, a ¥129.465 million decrease in trade receivables, a ¥1,048.892 million decrease in inventories, and a ¥132.192 million increase in advances received, exceeded cash outflow factors, including a ¥982.418 million decrease in the provision for contract loss.」
Operating cash flow changed from negative ¥203.773 million in the same period of the previous year to positive ¥543.108 million, while inventories decreased by ¥1,048.892 million. - FY2018MitigatedAnnual report
「Net cash provided by operating activities during the fiscal year was ¥309.411 million, compared with ¥270.762 million in the previous fiscal year. This was mainly because cash inflow factors, including pretax net income of ¥500.010 million, depreciation and amortization of ¥124.908 million, and a ¥107.945 million decrease in inventories, exceeded cash outflow factors, including a ¥273.876 million decrease in the provision for contract loss and ¥172.516 million in income taxes paid.」
Operating cash flow changed from negative in the previous filing to positive ¥309.411 million for the full fiscal year, and inventories, including work in process, also decreased. - FY2018-Q3DroppedAnnual report
「We have not prepared a quarterly cash flow statement for the nine months ended.」
The previous filing's statement that operating cash flow was negative ¥203.773 million, together with the explanation of the factors, is not included in this filing. - FY2018-Q2First statedAnnual report
「Net cash used in operating activities during the six months ended the second quarter was ¥203.773 million, compared with net cash used of ¥4.032 million in the same period of the previous year. This was mainly because cash outflow factors, including a ¥70.359 million decrease in trade payables, an ¥82.141 million increase in trade receivables, a ¥314.600 million increase in inventories, and ¥85.666 million in income taxes paid, exceeded cash inflow factors, including quarterly net income before income taxes of ¥155.690 million, depreciation and amortization of ¥60.385 million, and a ¥121.627 million increase in advances received.」
Operating cash flow was negative ¥203.773 million, mainly due to working capital factors including trade receivables, inventories and trade payables.