Nippon Air Conditioning Services (4658) · FactImpact of changes in subcontractor payment methods eliminated
Impact of changes in payment methods for subcontracting costs on operating cash flow
First written in FY2020. . Latest entry: FY2021.
2entries
2years
0from disclosures
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Same theme, other companies
Deterioration in Operating Cash Flow Due to a Decrease in Trade PayablesA theme 9 companies write about · 9 as a headwind · 0 as a tailwind
The whole theme swung hardest in 2026: 2 of 6 companies on the "Worse" side.
3 other companies' latest entry also says "Other".
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Full recordFilings, disclosures and news, newest first
- FY2021Impact of changes in subcontractor payment methods eliminatedAnnual report
「Operating cash flow for the current consolidated fiscal year increased by ¥2,726 million because the impact of the review of the payment method for subcontracting costs to partner companies implemented in the previous consolidated fiscal year had ceased.」
The company explains that the impact of the change in the payment method for subcontracting costs, which had reduced operating cash flow in the previous fiscal year, had ceased. - FY2020First statedAnnual report
「The decrease in accounts payable was ¥2,265 million, resulting in a decrease in cash, due in part to the change in the payment method for subcontracting costs from payments made in October onward to cash payments in the following month.」
The company explains that, following the change in the payment method for subcontracting costs from payments made in October onward to cash payments in the following month, accounts payable decreased by ¥2,265 million, contributing to operating cash flow increasing by only ¥107 million.