Komori
Nihon Nohyaku (4997) · InitiativeDecrease in operating cash flow and increase in inventories

Improving Operating Cash Flow Through Inventory Reduction

First written in FY2025. 1 of 4 entries say "Reframed", first in FY2026-H1. Latest entry: FY2026.

4entries
2years
1from disclosures
Share on X
How it moved
ProgressHeldSoftenedWorseFirst statedFY2025ReframedFY2026-H1 – 2026-05-132025: 220252026: 22026
Same theme, other companies
Improvement in Cash Flow from Operating Activities Driven by a Decline in InventoriesA theme 8 companies write about · 0 as a headwind · 8 as a tailwind

The whole theme swung hardest in 2022: 2 of 6 companies on the "Worse" side.

3 other companies' latest entry also says "Other".

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.
Full recordFilings, disclosures and news, newest first
  1. FY2026Decrease in operating cash flow and increase in inventoriesAnnual report

    「The increase in cash from operating activities amounted to ¥4,526 million. This was mainly because profit before income taxes and other adjustments of ¥9,468 million was recorded, despite a decrease in cash of ¥3,531 million due to a decrease in trade payables and income taxes and other taxes paid of ¥2,894 million.」

    Operating cash flow decreased from ¥10,405 million in the previous fiscal year to ¥4,526 million. Inventories became a source of cash outflow of ¥1,101 million, or a factor contributing to the increase in inventories, changing the explanation from one centered on improvement through inventory reduction.
  2. 2026-05-13SoftenedRevision of earnings forecasts

    「Net cash provided by operating activities during the fiscal year was ¥4,526 million. This mainly reflected income before income taxes of ¥9,468 million, despite a ¥3,531 million decrease in trade payables, which reduced cash, and income taxes and other taxes paid of ¥2,894 million.」

    Operating cash flow declined from ¥10,405 million in the previous fiscal year to ¥4,526 million, shifting from the previous year's explanation centered on inventory reduction to one characterized by cash outflows from declines in trade payables and tax payments.
  3. FY2026-H1ReframedAnnual report

    「The increase in cash from operating activities during the current interim consolidated accounting period amounted to ¥15,732 million. This was mainly because the increase in cash from a decrease in trade receivables of ¥19,729 million and other factors exceeded the decrease in cash resulting from a decrease in trade payables of ¥5,792 million and other factors.」

    Operating cash flow increased to ¥15,732 million, but the main factor was a decrease in trade receivables rather than inventory reduction. Inventories increased by ¥4,222 million, changing the factors cited to explain the improvement in cash flow.
  4. FY2025First statedAnnual report

    「• Improvement in cash flow The company will seek to improve cash flow mainly by reducing inventories.」

    As a basic GGS strategy, the company has identified improving cash flow, primarily by reducing inventories, as a separate initiative. In the current fiscal year, cash flow from operating activities amounted to ¥10,405 million, mainly due to a decrease in inventories and other factors.
Moved together

None of this company's other threads moved the same way in the same document twice or more.

When this could move next
No upcoming earnings preview for Nihon Nohyaku yet. It last moved in the Revision of earnings forecasts of 2026-05-13: "Softened".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Improving Operating Cash Flow Through Inventory Reduction | NIHON NOHYAKU CO.,LTD. (4997) | Komori