Infcurion (438A) · FactIncrease in working capital requirementsLatest Earnings presentation (2026-08-12): "Mitigated"
Increasing Working Capital Burden and Short-Term Borrowings Driven by Winvoice Transaction Growth
First written in FY2026-H1. 3 of 6 entries say "Mitigated", first in 2026-05-11. Latest entry: 2026-08-12.
6entries
2years
4from disclosures
How it moved
Same theme, other companies
Simultaneous Increase in Accounts Receivable and Short-Term BorrowingsA theme 7 companies write about · 1 as a headwind · 0 as a tailwind
0 other companies' latest entry also says "Mitigated".
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Full recordFilings, disclosures and news, newest first
- 2026-08-12MitigatedEarnings presentation
「While the increase in accounts receivable related to Winvoice is expected to accompany the expansion of B2B GTV, the impact will be reduced by accelerating the cash cycle.」
The company maintained that accounts receivable may increase as Winvoice transactions expand, while indicating that the impact on funding requirements would be contained by shortening the cash cycle. - FY2026Increase in working capital requirementsAnnual report
「This was due to borrowings undertaken in connection with the increase in Winvoice transactions, resulting in a ¥1,957 million increase in short-term borrowings, among other factors.」
As Winvoice transactions expanded, accounts receivable increased by ¥1,198 million and short-term borrowings also increased by ¥1,957 million. - FY2026-H1First statedAnnual report
「This was primarily due to borrowings undertaken in connection with the increase in Winvoice transactions, resulting in a ¥1,000 million increase in short-term borrowings, among other factors.」
Short-term borrowings increased as Winvoice transactions expanded, resulting in ¥688 million in cash outflows from operating activities.