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Tokuyama (4043) · InitiativeRestated

Improving Working Capital Efficiency Through CCC Improvement

First written in FY2019-Q1. 8 of 10 entries say "Restated". Latest entry: FY2021-Q3.

10entries
4years
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How it moved
ProgressHeldSoftenedWorseRestatedFY2019-Q1 – FY2019-Q3RestatedFY2020-Q1 – FY2021-Q32018: 220182019: 420192020: 320202021: 12021
Same theme, other companies
Improving Funding Efficiency through Cash Pooling, Borrowing Reduction and Working Capital ImprovementA theme 28 companies write about · 0 as a headwind · 28 as a tailwind

The whole theme swung hardest in 2022: 4 of 16 companies on the "Worse" side.

10 other companies' latest entry also says "Restated".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 28 companies compared. The sentences above are computed from all 28.
Full recordFilings, disclosures and news, newest first
  1. FY2021-Q3RestatedAnnual report

    「The Group is also working to improve CCC, as set out in its medium-term management plan. By reducing inventories and improving transaction terms with business partners, it is working to build a financial position that enables it to conduct business with less working capital.」

    The company cited inventory reduction and improvements to transaction terms as measures to improve CCC, and has reiterated its policy of building a financial position that enables it to conduct business with less working capital.
  2. FY2021-Q2RestatedAnnual report

    「The Group is also working to improve CCC, as set out in its medium-term management plan. By reducing inventories and improving transaction terms with business partners, it is working to build a financial position that enables it to conduct business with less working capital.」

    The company cited inventory reduction and improvements to transaction terms as measures to improve CCC, and has reiterated its policy of building a financial position that enables it to conduct business with less working capital.
  3. FY2021-Q1RestatedAnnual report

    「The Group is also working to improve CCC, as set out in its medium-term management plan. By reducing inventories and improving transaction terms with business partners, it is working to build a financial position that enables it to conduct business with less working capital.」

    The company cited inventory reduction and improvements to transaction terms as measures to improve CCC, and has reiterated its policy of building a financial position that enables it to conduct business with less working capital.
  4. FY2020-Q3RestatedAnnual report

    「The Group is also working to improve CCC, as set out in its medium-term management plan. By reducing inventories and improving transaction terms with business partners, it is working to build a financial position that enables it to conduct business with less working capital.」

    The company cited inventory reduction and improvements to transaction terms as measures to improve CCC, and has reiterated its policy of building a financial position that enables it to conduct business with less working capital.
  5. FY2020-Q2RestatedAnnual report

    「The Group is also working to improve CCC, as set out in its medium-term management plan. By reducing inventories and improving transaction terms with business partners, it is working to build a financial position that enables it to conduct business with less working capital.」

    The company cited inventory reduction and improvements to transaction terms as measures to improve CCC, and has reiterated its policy of building a financial position that enables it to conduct business with less working capital.
  6. FY2020-Q1RestatedAnnual report

    「The Group is also working to improve CCC, as set out in its medium-term management plan. By reducing inventories and improving transaction terms with business partners, it is working to build a financial position that enables it to conduct business with less working capital.」

    The company cited inventory reduction and improvements to transaction terms as measures to improve CCC, and has reiterated its efforts to build a financial position that enables it to conduct business with less working capital.
  7. FY2019AdvancedAnnual report

    「CCC was 60 days, improving by 2 days from the previous fiscal year, despite an increase in inventories, due to changes in the transaction terms for certain purchased items and other factors.」

    CCC was 60 days, improving by 2 days from the previous fiscal year. However, it has not yet reached the medium-term management plan target of 55 days or less.
  8. FY2019-Q3RestatedAnnual report

    「The Group is also working to improve CCC, as set out in its medium-term management plan. By reducing inventories and improving transaction terms with business partners, it is working to build a financial position that enables it to conduct business with less working capital.」

    The company cited inventory reduction and improvements to transaction terms as measures to improve CCC, and has reiterated its efforts to build a financial position that enables it to conduct business with less working capital.
  9. FY2019-Q2RestatedAnnual report

    「The Group is also working to improve CCC, as set out in its medium-term management plan. By reducing inventories and improving transaction terms with business partners, it is working to build a financial position that enables it to conduct business with less working capital.」

    The company cited inventory reduction and improvements to transaction terms as measures to improve CCC, and has reiterated its efforts to build a financial position that enables it to conduct business with less working capital.
  10. FY2019-Q1First statedAnnual report

    「The Group is also working to improve CCC, as set out in its medium-term management plan. By reducing inventories and improving transaction terms with business partners, it is working to build a financial position that enables it to conduct business with less working capital.」

    As specific measures to improve CCC, the company cited inventory reduction and improvements to transaction terms with business partners, and is working to build a financial position that enables it to conduct business with less working capital.
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Tokuyama's next results are scheduled for 2026-10-29. Read the earnings preview
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Improving Working Capital Efficiency Through CCC Improvement | Tokuyama Corporation (4043) | Komori