Changes in financial position due to increases in trade receivables and short-term borrowings
First written in FY2019-Q1. 22 of 25 entries say "Reframed", first in FY2019-Q3. Latest entry: FY2026.
Nihon Nohyaku moved to the "Worse" side of this theme in 2020.
The whole theme swung hardest in 2020: 1 of 12 companies on the "Worse" side.
0 other companies' latest entry also says "Reframed".
- FY2026ReframedAnnual report
「At the end of the current consolidated fiscal year, total assets were ¥154.962 billion, up ¥2.746 billion from the previous consolidated fiscal year-end, mainly due to an increase in inventories. Liabilities were ¥67.869 billion, down ¥4.923 billion from the previous consolidated fiscal year-end, mainly due to decreases in short-term and long-term borrowings.」
The explanation has shifted from one focused on decreases in inventories and borrowings in the previous fiscal year to one in which total assets increased due to higher inventories while liabilities decreased due to lower short-term and long-term borrowings in the current fiscal year. - 2026-05-13ReframedRevision of earnings forecasts
「At the end of the fiscal year, assets increased by ¥2,746 million from the end of the previous fiscal year to ¥154,962 million, liabilities decreased by ¥4,923 million to ¥67,869 million, and net assets increased by ¥7,669 million to ¥87,093 million.」
Compared with the end of the previous fiscal year, total assets increased, liabilities declined, and net assets increased, reflecting a change in the explanation of the Group's financial position. - FY2026-H1RestatedAnnual report
「Total assets at the end of the current interim consolidated accounting period decreased by ¥5.908 billion from the previous consolidated fiscal year-end to ¥146.307 billion. The main factor was a decrease in trade receivables. Liabilities decreased by ¥8.702 billion from the previous consolidated fiscal year-end to ¥64.090 billion. The main factors were decreases in trade payables and short-term borrowings.」
The financial position is again described as one in which total assets decreased mainly due to lower trade receivables, while liabilities also decreased mainly due to lower trade payables and short-term borrowings. - FY2025ReframedAnnual report
「At the end of the current consolidated fiscal year, total assets were ¥152.216 billion, down ¥5.767 billion from the previous consolidated fiscal year-end, mainly due to a decrease in inventories. Liabilities were ¥72.792 billion, down ¥4.794 billion from the previous consolidated fiscal year-end, mainly due to decreases in short-term and long-term borrowings.」
The explanation of the financial position has shifted from one focused on increases in inventories and investment securities in the previous fiscal year to one focused on decreases in total assets and liabilities due to lower inventories and borrowings in the current fiscal year. - FY2025-H1ReframedAnnual report
「During the current six-month consolidated period, total assets decreased by ¥16,086 million from the end of the previous consolidated fiscal year to ¥141,897 million. The main factor was a decline in trade receivables. Liabilities decreased by ¥14,373 million from the end of the previous consolidated fiscal year to ¥63,214 million. The main factors were declines in trade payables and borrowings.」
The explanation has shifted from one focused mainly on increases in inventories, investment securities and borrowings through the previous quarter to one focused on a decrease in total assets due to lower trade receivables and a decrease in liabilities due to lower trade payables and borrowings. - FY2024-Q3ReframedAnnual report
「At the end of the third quarter of the current consolidated fiscal year, total assets increased by ¥2,791 million from the end of the previous consolidated fiscal year to ¥139,443 million. The main factor was an increase in inventories and investment securities that exceeded the decline in trade receivables. Liabilities increased by ¥433 million from the end of the previous consolidated fiscal year to ¥63,960 million. The main factor was an increase in short-term borrowings.」
The explanation states that total assets increased mainly because of higher inventories and investment securities, while liabilities increased mainly because of higher short-term borrowings. This represents a shift from the previous quarter's focus on declining liabilities. - FY2024-Q2ReframedAnnual report
「At the end of the second quarter of the current consolidated fiscal year, total assets increased by ¥2,133 million from the end of the previous consolidated fiscal year to ¥138,786 million. The main factor was an increase in inventories and investment securities that exceeded the decline in trade receivables. Liabilities decreased by ¥1,245 million from the end of the previous consolidated fiscal year to ¥62,282 million. The main factor was a decline in borrowings.」
The explanation states that total assets increased mainly because of higher inventories and investment securities, while liabilities declined mainly because of lower borrowings. - FY2024-Q1ReframedAnnual report
「At the end of the first quarter of the current consolidated fiscal year, total assets increased by ¥2,997 million from the end of the previous consolidated fiscal year to ¥139,649 million. The main factor was an increase in inventories and investment securities that exceeded the decline in cash and deposits. Liabilities increased by ¥201 million from the end of the previous consolidated fiscal year to ¥63,729 million. The main factor was an increase in borrowings.」
The explanation states that total assets increased mainly because of higher inventories and investment securities, while liabilities increased mainly because of higher borrowings. - FY2023ReframedAnnual report
「At the end of the current consolidated fiscal year, total assets increased by ¥18,405 million from the previous consolidated fiscal year to ¥136,652 million, mainly because inventories increased. Liabilities increased by ¥12,236 million from the end of the previous consolidated fiscal year to ¥63,527 million, mainly because trade payables increased.」
The full-year financial position is described as showing increases in both total assets and liabilities, driven mainly by higher inventories and trade payables. - FY2023-Q3ReframedAnnual report
「At the end of the third quarter of the current consolidated fiscal year, total assets increased by ¥12,430 million from the end of the previous consolidated fiscal year to ¥130,677 million. The main factor was an increase in cash and deposits and inventories that exceeded the decline in trade receivables. Liabilities increased by ¥9,123 million from the end of the previous consolidated fiscal year to ¥60,413 million. The main factors were increases in trade payables and long-term borrowings.」
The explanation states that total assets increased mainly because of higher cash and deposits and inventories, while liabilities increased mainly because of higher trade payables and long-term borrowings, representing a shift from the previous quarter's focus on short-term borrowings. - FY2023-Q2ReframedAnnual report
「At the end of the second quarter of the current consolidated fiscal year, total assets increased by ¥7,171 million from the end of the previous consolidated fiscal year to ¥125,418 million. The main factor was an increase in cash and deposits, inventories, and other investments and assets, mainly deferred tax assets, that exceeded the decline in trade receivables. Liabilities increased by ¥2,121 million from the end of the previous consolidated fiscal year to ¥53,411 million. The main factors were increases in notes and accounts payable and other current liabilities, mainly accrued expenses.」
The explanation states that total assets increased mainly because of higher cash and deposits, inventories and deferred tax assets, while liabilities increased mainly because of higher notes and accounts payable and accrued expenses. - FY2023-Q1ReframedAnnual report
「At the end of the first quarter of the current consolidated fiscal year, total assets increased by ¥9,455 million from the end of the previous consolidated fiscal year to ¥127,703 million. The main factor was an increase in trade receivables and inventories that exceeded the decline in cash and deposits. Liabilities increased by ¥5,543 million from the end of the previous consolidated fiscal year to ¥56,834 million. The main factor was an increase in trade payables and short-term borrowings that exceeded the decline in long-term borrowings.」
The explanation states that total assets increased from the end of the previous consolidated fiscal year mainly because of higher trade receivables and inventories, while liabilities increased mainly because of higher trade payables and short-term borrowings. - FY2022ReframedAnnual report
「At the end of the current consolidated fiscal year, total assets increased by ¥10,277 million from the previous consolidated fiscal year to ¥118,247 million, mainly because inventories increased. Liabilities increased by ¥5,392 million from the end of the previous consolidated fiscal year to ¥51,290 million, mainly because trade payables increased.」
The explanation has shifted from a quarterly focus on declines in total assets and liabilities to a full-year increase in both, driven mainly by higher inventories and trade payables. - FY2022-Q3ReframedAnnual report
「At the end of the third quarter of the current consolidated fiscal year, total assets decreased by ¥1,271 million from the end of the previous consolidated fiscal year to ¥106,698 million. The main factor was a decline in cash and deposits and trade receivables that exceeded the increases in inventories and investment securities. Liabilities decreased by ¥3,464 million from the end of the previous consolidated fiscal year to ¥42,433 million. The main factor was a decline in short-term borrowings that exceeded the increase in trade payables.」
The explanation states that total assets declined mainly because of decreases in cash and deposits and trade receivables, while liabilities declined mainly because of lower short-term borrowings. The presentation has been updated to also include increases in inventories, investment securities and trade payables. - FY2022-Q2ReframedAnnual report
「At the end of the second quarter of the current consolidated fiscal year, total assets decreased by ¥1,832 million from the end of the previous consolidated fiscal year to ¥106,137 million. The main factor was a decline in trade receivables that exceeded the increases in inventories and investment securities. Liabilities decreased by ¥3,358 million from the end of the previous consolidated fiscal year to ¥42,539 million. The main factor was a decline in short-term borrowings that exceeded the increase in trade payables.」
The explanation states that total assets declined from the end of the previous consolidated fiscal year mainly because of lower trade receivables, while liabilities declined mainly because of lower short-term borrowings. - FY2022-Q1ReframedAnnual report
「At the end of the first quarter of the current consolidated fiscal year, total assets increased by ¥91 million from the end of the previous consolidated fiscal year to ¥108,061 million. The main factor was an increase in inventories and investment securities that exceeded the declines in cash and deposits and trade receivables. Liabilities decreased by ¥1,226 million from the end of the previous consolidated fiscal year to ¥44,671 million. The main factor was a decline in short-term borrowings that exceeded the increase in trade payables.」
Total assets increased slightly because the increase in inventories and investment securities exceeded the declines in cash and trade receivables. Liabilities declined mainly because of lower short-term borrowings. - FY2021ReframedAnnual report
「At the end of the current consolidated fiscal year, total assets increased by ¥5,755 million from the end of the previous consolidated fiscal year to ¥107,969 million, mainly because cash and deposits and trade receivables increased. Liabilities increased by ¥2,056 million from the end of the previous consolidated fiscal year to ¥45,897 million, as increases in trade payables and short-term borrowings exceeded declines in bonds and long-term borrowings.」
Total assets increased mainly because of higher cash and trade receivables, while liabilities increased mainly because of higher trade payables and short-term borrowings. The explanation has been reorganized from the previous quarterly focus on inventories and borrowings to the full-year financial position. - FY2021-Q3ReframedAnnual report
「At the end of the third quarter of the current consolidated fiscal year, total assets decreased by ¥5,830 million from the end of the previous consolidated fiscal year to ¥96,384 million. The main factor was a decline in trade receivables that exceeded the increases in cash and deposits and inventories. Liabilities decreased by ¥4,439 million from the end of the previous consolidated fiscal year to ¥39,401 million. The main factor was a decline in short-term borrowings that exceeded the increase in trade payables.」
The explanation states that total assets declined from the end of the previous consolidated fiscal year mainly because of lower trade receivables, while liabilities declined mainly because of lower short-term borrowings. - FY2021-Q2ReframedAnnual report
「At the end of the second quarter of the current consolidated fiscal year, total assets decreased by ¥5,197 million from the end of the previous consolidated fiscal year to ¥97,016 million. The main factor was a decline in trade receivables and inventories that exceeded the increase in cash and deposits. Liabilities decreased by ¥4,500 million from the end of the previous consolidated fiscal year to ¥39,340 million. The main factor was a decline in trade payables and short-term borrowings that exceeded the increase in long-term borrowings.」
The factors behind the decline in total assets have been identified as decreases in trade receivables and inventories, and those behind the decline in liabilities as decreases in trade payables and short-term borrowings. - FY2021-Q1ReframedAnnual report
「At the end of the first quarter of the current consolidated fiscal year, total assets decreased by ¥7,487 million from the end of the previous consolidated fiscal year to ¥94,726 million. The main factors were declines in cash and deposits, trade receivables and inventories. Liabilities decreased by ¥6,603 million from the end of the previous consolidated fiscal year to ¥37,237 million. The main factors were declines in trade payables and short-term borrowings.」
Both total assets and liabilities declined. The factors behind the decline in total assets were cash and deposits, trade receivables and inventories, while those behind the decline in liabilities were trade payables and short-term borrowings. - FY2020-Q3ReframedAnnual report
「At the end of the first quarter of the current consolidated fiscal year, total assets increased by ¥2,181 million from the end of the previous consolidated fiscal year to ¥96,645 million. The main factor was an increase in inventories that exceeded the decline in cash and deposits. Liabilities increased by ¥3,023 million from the end of the previous consolidated fiscal year to ¥39,289 million. The main factor was an increase in trade payables that exceeded the decline in other current liabilities, mainly accounts payable.」
The main driver of the increase in total assets changed from trade receivables to inventories, while the main driver of the increase in liabilities changed from short-term borrowings to trade payables. - FY2020-Q1RestatedAnnual report
「At the end of the third quarter of the current consolidated fiscal year, total assets increased by ¥1,832 million from the end of the previous consolidated fiscal year to ¥99,836 million. The main factor was an increase in trade receivables. Liabilities increased by ¥1,711 million from the end of the previous consolidated fiscal year to ¥42,138 million. The main factor was an increase in short-term borrowings that exceeded the decline in trade payables.」
The financial position again shows increases in total assets mainly due to higher trade receivables and in liabilities mainly due to higher short-term borrowings. - FY2019-Q4ReframedAnnual report
「At the end of the second quarter of the current consolidated fiscal year, total assets increased by ¥7,642 million from the end of the previous consolidated fiscal year to ¥105,646 million. The main factor was an increase in trade receivables due to the seasonal increase in demand for agrochemicals during the second quarter. Liabilities increased by ¥6,039 million from the end of the previous consolidated fiscal year to ¥46,466 million. The main factors were increases in short-term borrowings and trade payables.」
The explanation has shifted from the previous decline in total assets and liabilities to an increase in both, driven by higher trade receivables during the peak demand season for agrochemicals and increases in short-term borrowings and trade payables. - FY2019-Q3ReframedAnnual report
「At the end of the first quarter of the current consolidated fiscal year, total assets decreased by ¥1,800 million from the end of the previous consolidated fiscal year to ¥96,202 million. The main factor was a decline in cash and deposits, trade receivables, and investment securities that exceeded the increase in inventories. Liabilities decreased by ¥229 million from the end of the previous consolidated fiscal year to ¥40,197 million.」
The explanation has shifted from the previous change in financial position, driven mainly by increases in trade receivables and short-term borrowings, to a decline in total assets driven mainly by decreases in cash and deposits, trade receivables and investment securities, together with a decline in liabilities. - FY2019-Q1First statedAnnual report
「At the end of the third quarter of the current consolidated fiscal year, total assets increased by ¥6,656 million from the end of the previous consolidated fiscal year to ¥95,369 million. The main factor was an increase in trade receivables. Liabilities increased by ¥6,049 million from the end of the previous consolidated fiscal year to ¥45,895 million. The main factor was an increase in short-term borrowings.」
Compared with the end of the previous consolidated fiscal year, total assets increased mainly because of higher trade receivables, while liabilities also increased mainly because of higher short-term borrowings.