Komori
Shinto (5380) · FactExpansion of the decrease in inventories and increase in operating cash flow

Deterioration in Operating Cash Flow Due to Inventory Build-Up

First written in FY2022. . Latest entry: FY2026.

12entries
5years
0from disclosures
Share on X
How it moved
ProgressHeldSoftenedWorseOtherFY2022 – FY20262022: 220222023: 420232024: 220242025: 220252026: 22026
Same theme, other companies
Deterioration in Operating Cash Flow Due to Higher Working CapitalA theme 157 companies write about · 157 as a headwind · 1 as a tailwind

The whole theme swung hardest in 2022: 38 of 140 companies on the "Worse" side.

70 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.
Showing 14 of the 157 companies compared. The sentences above are computed from all 157.
Full recordFilings, disclosures and news, newest first
  1. FY2026Expansion of the decrease in inventories and increase in operating cash flowAnnual report

    「Cash provided by operating activities was ¥479 million, compared with a cash outflow of ¥127 million in the previous fiscal year. This was mainly due to factors including a ¥364 million decrease in inventories, a ¥171 million decrease in trade receivables, and a ¥115 million increase in depreciation and amortization, a non-cash expense.」

    Inventories decreased by ¥364 million, and operating cash flow turned from an outflow of ¥127 million in the previous fiscal year to an inflow of ¥479 million.
  2. FY2026-H1Decrease in inventory and increase in operating cash flowAnnual report

    「Cash inflows from operating activities amounted to ¥194 million, compared with an inflow of ¥92 million in the same interim period of the previous year. This was mainly due to factors decreasing cash inflows, including a ¥30 million decrease in accounts payable, which were more than offset by factors increasing cash inflows, including a ¥139 million decrease in inventories and ¥53 million in depreciation and amortization, a non-cash expense, among other factors.」

    Inventories decreased by ¥139 million, and cash flow from operating activities increased from an inflow of ¥92 million in the same period of the previous year to an inflow of ¥194 million.
  3. FY2025Higher inventories and shift to negative operating cash flowAnnual report

    「Cash outflows from operating activities amounted to ¥127 million, compared with an inflow of ¥177 million in the previous fiscal year. This was mainly due to factors increasing cash inflows, including a ¥146 million decrease in trade receivables and ¥106 million in depreciation and amortization, a non-cash expense, partially offset by factors increasing cash outflows, including a ¥311 million increase in inventories and a ¥109 million decrease in accounts payable, among other factors.」

    Inventories increased by ¥311 million, and cash flow from operating activities moved from an inflow of ¥177 million in the previous fiscal year to an outflow of ¥127 million.
  4. FY2025-H1Positive operating cash flow maintained despite higher inventoriesAnnual report

    「Cash inflows from operating activities amounted to ¥92 million. This was mainly due to factors increasing cash inflows, including a ¥67 million decrease in accounts payable and ¥51 million in depreciation and amortization, a non-cash expense, partially offset by factors decreasing cash inflows, including a ¥137 million increase in inventories, among other factors.」

    While inventories increased by ¥137 million, cash flow from operating activities remained positive at an inflow of ¥92 million. The composition changed from the same period of the previous year, when inventories decreased and operating cash flow amounted to an inflow of ¥108 million.
  5. FY2024Positive operating cash flow maintained, lower inflowsAnnual report

    「Cash inflows from operating activities amounted to ¥178 million, compared with an inflow of ¥469 million in the previous fiscal year. This was mainly due to factors increasing cash inflows, including a ¥228 million decrease in inventories, a ¥119 million decrease in trade receivables, and ¥111 million in depreciation and amortization, a non-cash expense, partially offset by factors decreasing cash inflows, including a ¥109 million decrease in accounts payable, among other factors.」

    Inventories decreased by ¥228 million, and cash flow from operating activities remained positive at an inflow of ¥178 million, although the inflow decreased from ¥469 million in the previous fiscal year.
  6. FY2024-Q2Lower inventories and continued positive operating cash flowAnnual report

    「Cash inflows from operating activities amounted to ¥108 million. This was mainly due to factors increasing cash inflows, including a ¥135 million decrease in trade receivables, a ¥106 million decrease in inventories, and ¥52 million in depreciation and amortization, a non-cash expense, partially offset by factors decreasing cash inflows, including an ¥85 million decrease in accounts payable and a ¥54 million change in consumption taxes payable or recoverable, among other factors.」

    Inventories decreased by ¥106 million, and cash flow from operating activities amounted to an inflow of ¥108 million. The decrease in inventories and positive operating cash flow have continued.
  7. FY2024-Q1Continued decrease in inventoriesAnnual report

    「Current assets decreased by ¥54 million from the end of the previous fiscal year to ¥2,630 million. This was mainly due to a ¥31 million increase in cash and deposits, among other factors, which was more than offset by an ¥88 million decrease in inventories, among other factors.」

    Inventories decreased by ¥88 million from the end of the previous fiscal year. As no quarterly cash flow statement was prepared for the cumulative first-quarter period, the impact on operating cash flow is not stated.
  8. FY2023Decrease in inventory and return to positive operating cash flowAnnual report

    「Cash inflows from operating activities amounted to ¥469 million, compared with an outflow of ¥412 million in the previous fiscal year. This was mainly due to factors increasing cash inflows, including a ¥211 million decrease in inventories, a ¥140 million increase in consumption taxes payable or recoverable, ¥115 million in depreciation and amortization, a non-cash expense, and a ¥111 million decrease in trade receivables, partially offset by factors decreasing cash inflows, including a ¥137 million decrease in accounts payable, among other factors.」

    Inventories decreased by ¥211 million, and cash flow from operating activities moved from an outflow of ¥412 million in the previous fiscal year to an inflow of ¥469 million.
  9. FY2023-Q3Continued decrease in inventoriesAnnual report

    「Current assets decreased by ¥309 million from the end of the previous fiscal year to ¥2,815 million. This was mainly due to decreases of ¥113 million in notes and accounts receivable and contract assets and ¥89 million in merchandise and finished goods, among other factors.」

    Merchandise and finished goods decreased by ¥89 million from the end of the previous fiscal year. As no quarterly cash flow statement was prepared for the cumulative third-quarter period, the impact on operating cash flow is not stated.
  10. FY2023-Q2Decrease in inventory and return to positive operating cash flowAnnual report

    「Cash inflows from operating activities amounted to ¥373 million. This was mainly due to factors increasing cash inflows, including a ¥142 million decrease in inventories, a ¥111 million change in consumption taxes payable or recoverable, and a ¥56 million increase in depreciation and amortization, a non-cash expense, partially offset by factors decreasing cash inflows, including a ¥20 million decrease in accounts payable, among other factors.」

    Inventories decreased by ¥142 million, and cash flow from operating activities moved from an outflow of ¥83 million in the same period of the previous year to an inflow of ¥373 million.
  11. FY2023-Q1Decline in InventoryAnnual report

    「Current assets decreased by ¥234 million from the end of the previous fiscal year to ¥2,889 million. This was mainly due to decreases of ¥151 million in inventories and ¥56 million in notes and accounts receivable and contract assets, among other factors.」

    Inventories decreased by ¥151 million from the end of the previous fiscal year. As no quarterly cash flow statement was prepared, no improvement in operating cash flow was disclosed.
  12. FY2022First statedAnnual report

    「Cash used in operating activities was ¥412 million, compared with cash provided of ¥373 million in the previous period. This was mainly due to factors including non-cash depreciation expense of ¥123 million and a ¥52 million increase in accounts payable, offset by factors including a ¥511 million increase in inventories and a ¥113 million change in unpaid or recoverable consumption taxes and other taxes that reduced cash flow.」

    As a result of securing inventory to mitigate the impact of higher energy resource prices, inventories increased by ¥511 million and operating cash flow changed from ¥373 million of cash provided in the previous period to ¥412 million of cash used.
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
Shinto's next results are scheduled for 2026-11-06. Read the earnings preview
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Deterioration in Operating Cash Flow Due to Inventory Build-Up | SHINTO COMPANY LIMITED (5380) | Komori