Deterioration in Operating and Investing Cash Flow and Decline in Cash Balance
First written in FY2018-Q2. 16 of 33 entries say "Worsened", first in FY2019-Q3. Latest entry: FY2026.
Hokkan Limited moved to the "Worse" side of this theme in 2020, 3 years before the typical company in this theme (2023).
The whole theme swung hardest in 2025: 4 of 17 companies on the "Worse" side.
1 other company's latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「Cash flow from operating activities increased by ¥9,394 million (compared with an increase of ¥12,509 million in the previous fiscal year), cash flow from investing activities decreased by ¥11,883 million (compared with a decrease of ¥10,158 million), and cash flow from financing activities decreased by ¥697 million (compared with a decrease of ¥1,760 million).」
Operating cash flow declined, while investing outflows, mainly for the acquisition of property, plant and equipment, increased. As a result, cash and cash equivalents decreased by ¥3,156 million, bringing the balance at the end of the period to ¥10,115 million. - FY2026-H1WorsenedAnnual report
「Cash flow from operating activities increased by ¥5,199 million (compared with an increase of ¥8,952 million in the same period of the previous year), cash flow from investing activities decreased by ¥7,717 million (compared with a decrease of ¥5,963 million), and cash flow from financing activities decreased by ¥1,604 million (compared with a decrease of ¥4,319 million). As a result, cash and cash equivalents at the end of the interim consolidated fiscal period decreased by ¥4,155 million from the end of the previous consolidated fiscal year to ¥9,116 million.」
Operating cash flow decreased from ¥8,952 million in the same period of the previous year to ¥5,199 million, while investing outflows increased to ¥7,717 million. Cash and cash equivalents decreased by ¥4,155 million from the beginning of the period to ¥9,116 million. - FY2025Increase in operating cash flow and expansion of investing outflowsAnnual report
「Cash flow from operating activities increased by ¥12,509 million (compared with an increase of ¥7,359 million in the previous fiscal year), cash flow from investing activities decreased by ¥10,158 million (compared with a decrease of ¥3,846 million), and cash flow from financing activities decreased by ¥1,760 million (compared with a decrease of ¥1,226 million).」
Operating cash flow increased, while investing outflows rose to ¥10,158 million due to increased capital investment. Cash and cash equivalents increased by ¥471 million, bringing the balance at the end of the period to ¥13,272 million. - FY2025-H1Operating cash flow recovery and cash declineAnnual report
「Cash flow from operating activities increased by ¥8,952 million (compared with an increase of ¥1,000 million in the same period of the previous year), cash flow from investing activities decreased by ¥5,963 million (compared with a decrease of ¥1,606 million), and cash flow from financing activities decreased by ¥4,319 million (compared with a decrease of ¥3,225 million).」
Operating cash flow recovered from ¥1,000 million in the same period of the previous year to ¥8,952 million. However, investing activities resulted in a net outflow of ¥5,963 million due to capital investment and other items, and cash and cash equivalents decreased by ¥1,390 million from the beginning of the period to ¥11,410 million. - FY2024Cash balance recovery and investing cash flow turning negativeAnnual report
「Cash flow from operating activities increased by ¥7,359 million (compared with an increase of ¥9,295 million in the previous fiscal year), cash flow from investing activities decreased by ¥3,846 million (compared with an increase of ¥4,093 million), and cash flow from financing activities decreased by ¥1,226 million (compared with a decrease of ¥13,433 million).」
Operating cash flow declined, while investing cash flow shifted from a net inflow in the previous fiscal year to a net outflow of ¥3,846 million. Meanwhile, cash and cash equivalents increased by ¥2,639 million, bringing the balance at the end of the period to ¥12,800 million. - FY2024-Q3WorsenedAnnual report
「The main factors were increases in trade receivables, up ¥1,839 million from ¥27,695 million to ¥29,535 million, investment securities, up ¥1,531 million from ¥10,980 million to ¥12,511 million, and inventories, up ¥809 million from ¥9,526 million to ¥10,335 million, together with decreases in cash and deposits, down ¥4,319 million from ¥10,161 million to ¥5,841 million, and property, plant and equipment, down ¥1,935 million from ¥57,905 million to ¥55,970 million.」
Cash and deposits decreased by ¥4,319 million from ¥10,161 million at the end of the previous consolidated fiscal year to ¥5,841 million, also declining from the balance reported at the end of the previous quarter. - FY2024-Q2WorsenedAnnual report
「Cash flow from operating activities increased by ¥1,000 million (compared with an increase of ¥5,066 million in the same period of the previous year), cash flow from investing activities decreased by ¥1,606 million (compared with a decrease of ¥1,913 million), and cash flow from financing activities decreased by ¥3,225 million (compared with a decrease of ¥3,760 million). As a result, cash and cash equivalents at the end of the second quarter of the current consolidated fiscal year decreased by ¥3,430 million from the end of the previous consolidated fiscal year to ¥6,731 million.」
Operating cash flow decreased from ¥5,066 million in the same period of the previous year to ¥1,000 million, while cash and cash equivalents decreased by ¥3,430 million from the beginning of the period to ¥6,731 million. - FY2024-Q1WorsenedAnnual report
「This was due to a decrease in cash and deposits, down ¥2,562 million from ¥10,161 million to ¥7,599 million.」
Cash and deposits, which had recovered to ¥10,161 million at the end of the previous fiscal year, decreased by ¥2,562 million to ¥7,599 million at the end of the first quarter. - FY2023Investing cash flow turns positive and cash edges upAnnual report
「Operating activities generated an increase of ¥9,295 million (an increase of ¥11,860 million in the previous year), investing activities generated an increase of ¥4,093 million (a decrease of ¥3,605 million in the previous year), and financing activities resulted in a decrease of ¥13,433 million (a decrease of ¥7,206 million in the previous year).」
Operating cash flow declined, but investing cash flow turned positive due to ¥8,360 million in proceeds from the sale of non-current assets. Although financing cash flow resulted in substantial outflows from debt repayments and other items, cash and cash equivalents increased by ¥91 million to ¥10,161 million. - FY2023-Q3WorsenedAnnual report
「Decrease in cash and deposits (a decrease of ¥3,459 million from ¥10,070 million to ¥6,610 million)」
Cash and deposits decreased by ¥3,459 million from ¥10,070 million at the end of the previous consolidated fiscal year to ¥6,610 million, and the decline in the cash balance since the fiscal year-end continued into the third quarter. - FY2023-Q2Decline in operating cash flow and slight decrease in cashAnnual report
「Operating activities generated an increase of ¥5,066 million (an increase of ¥7,812 million in the same period of the previous year), investing activities resulted in a decrease of ¥1,913 million (a decrease of ¥5,953 million in the same period of the previous year), and financing activities resulted in a decrease of ¥3,760 million (a decrease of ¥5,030 million in the same period of the previous year).」
Operating cash flow decreased from the same period of the previous year, but outflows from investing and financing activities also contracted from the same period of the previous year. Cash and cash equivalents decreased by ¥158 million from the beginning of the period to ¥9,911 million. - FY2023-Q1WorsenedAnnual report
「This was mainly attributable to a decrease in cash and deposits (a decrease of ¥3,165 million from ¥10,070 million to ¥6,904 million).」
Cash and deposits, which had recovered to ¥10,070 million at the end of the previous fiscal year, decreased to ¥6,904 million at the end of the first quarter of the current fiscal year. - FY2022Cash recovery and decline in interest-bearing debtAnnual report
「Operating activities generated an increase of ¥11,860 million (an increase of ¥3,967 million in the previous year), investing activities resulted in a decrease of ¥3,605 million (a decrease of ¥5,582 million in the previous year), and financing activities resulted in a decrease of ¥7,206 million (an increase of ¥3,164 million in the previous year).」
Operating cash flow recovered to ¥11,860 million, while financing activities were net negative due to repayment of borrowings and other factors. Cash and cash equivalents increased to ¥10,070 million at the end of the period. - FY2022-Q3WorsenedAnnual report
「Decrease in cash and deposits (a decrease of ¥4,252 million from ¥8,433 million to ¥4,181 million)」
Cash and deposits decreased by ¥4,252 million from ¥8,433 million at the end of the previous consolidated fiscal year to ¥4,181 million, further extending the downward trend reported at the time of the previous filing. - FY2022-Q2Recovery in operating cash flow alongside decline in cashAnnual report
「Operating activities generated an increase of ¥7,812 million (an increase of ¥52 million in the same period of the previous year), investing activities resulted in a decrease of ¥5,953 million (a decrease of ¥1,729 million in the same period of the previous year), and financing activities resulted in a decrease of ¥5,030 million (a decrease of ¥222 million in the same period of the previous year). As a result, cash and cash equivalents at the end of the second quarter of the current consolidated fiscal year decreased by ¥3,110 million from the end of the previous consolidated fiscal year to ¥5,323 million.」
Operating cash flow recovered from ¥52 million in the same period of the previous year to ¥7,812 million, while cash and cash equivalents decreased by ¥3,110 million from the beginning of the period due to investment in an aseptic filling line and other items, and repayment of borrowings. - FY2022-Q1WorsenedAnnual report
「Decrease in cash and deposits (a decrease of ¥1,106 million from ¥8,433 million to ¥7,326 million)」
Cash and deposits decreased from ¥8,433 million at the end of the previous consolidated fiscal year to ¥7,326 million, a decrease of ¥1,106 million. The cash balance, which had recovered at the end of the previous fiscal year, declined again in the first quarter. - FY2021Cash balance recovery and decline in operating cash flowAnnual report
「Operating activities generated an increase of ¥3,967 million (an increase of ¥14,261 million in the previous year), investing activities resulted in a decrease of ¥5,582 million (a decrease of ¥8,159 million in the previous year), and financing activities generated an increase of ¥3,164 million (a decrease of ¥1,392 million in the previous year). As a result, cash and cash equivalents increased by ¥1,944 million to ¥8,433 million at the end of the current consolidated fiscal year.」
Although operating cash flow declined sharply, cash and cash equivalents recovered from ¥6,489 million at the end of the previous fiscal year to ¥8,433 million due to financing activities and other factors. - FY2021-Q3WorsenedAnnual report
「This was mainly attributable to increases in trade receivables (an increase of ¥3,005 million from ¥27,813 million to ¥30,818 million), investment securities (an increase of ¥1,622 million from ¥17,410 million to ¥19,033 million), and other receivables included in other current assets (an increase of ¥858 million from ¥2,054 million to ¥2,913 million), as well as decreases in cash and deposits (a decrease of ¥4,239 million from ¥6,489 million to ¥2,249 million) and property, plant and equipment (a decrease of ¥1,798 million from ¥71,352 million to ¥69,554 million).」
Cash and deposits decreased by ¥4,239 million from ¥6,489 million at the end of the previous consolidated fiscal year to ¥2,249 million. While trade receivables and other items increased, the cash balance continued to decline. - FY2021-Q2WorsenedAnnual report
「Operating activities generated an increase of ¥52 million (an increase of ¥7,858 million in the same period of the previous year), investing activities resulted in a decrease of ¥1,729 million (a decrease of ¥4,585 million in the same period of the previous year), and financing activities resulted in a decrease of ¥222 million (a decrease of ¥2,904 million in the same period of the previous year). As a result, cash and cash equivalents at the end of the second quarter of the current consolidated fiscal year decreased by ¥1,823 million from the end of the previous consolidated fiscal year to ¥4,665 million.」
Operating cash flow fell sharply from ¥7,858 million in the same period of the previous year to ¥52 million, while cash and cash equivalents also decreased by ¥1,823 million from the beginning of the period. - FY2021-Q1WorsenedAnnual report
「Decrease in cash and deposits (a decrease of ¥3,454 million from ¥6,489 million to ¥3,035 million)」
Cash and deposits at the end of the first quarter decreased by ¥3,454 million from the end of the previous consolidated fiscal year to ¥3,035 million. - FY2020Recovery in cash balanceAnnual report
「As a result, cash and cash equivalents increased by ¥4,506 million to ¥6,489 million at the end of the current consolidated fiscal year.」
Driven by operating cash flow of ¥14,261 million and other factors, cash and cash equivalents recovered from ¥1,982 million at the end of the previous fiscal year to ¥6,489 million. - FY2020-Q3WorsenedAnnual report
「Cash and deposits 1,982 1,791」
Cash and deposits decreased by ¥191 million from ¥1,982 million at the end of the previous consolidated fiscal year to ¥1,791 million at the end of the third quarter, declining again after the cash balance recovery in the previous quarter. - FY2020-Q2Increase in cash balanceAnnual report
「Operating activities generated an increase of ¥7,858 million (an increase of ¥7,400 million in the same period of the previous year), investing activities resulted in a decrease of ¥4,585 million (a decrease of ¥6,549 million in the same period of the previous year), and financing activities resulted in a decrease of ¥2,904 million (a decrease of ¥823 million in the same period of the previous year). As a result, cash and cash equivalents at the end of the second quarter of the current consolidated fiscal year increased by ¥345 million from the end of the previous consolidated fiscal year to ¥2,328 million.」
The increase in operating cash flow exceeded outflows from investing and financing activities, and cash and cash equivalents increased by ¥345 million from the end of the previous fiscal year. - FY2020-Q1Decline in cash and increase in borrowingsAnnual report
「This was mainly attributable to a decrease in cash and deposits (a decrease of ¥611 million from ¥1,982 million to ¥1,371 million). It was also mainly attributable to an increase in borrowings (an increase of ¥3,916 million from ¥53,948 million to ¥57,865 million).」
At the end of the quarter, cash and deposits decreased by ¥611 million, while borrowings increased by ¥3,916 million. - FY2019Higher investing outflows and cash recoveryAnnual report
「Operating activities generated an increase of ¥11,057 million (an increase of ¥6,953 million in the previous year), investing activities resulted in a decrease of ¥19,502 million (a decrease of ¥8,755 million in the previous year), and financing activities generated an increase of ¥9,575 million (an increase of ¥845 million in the previous year).」
Although investing outflows expanded due to capital expenditures, business acquisitions and other factors, cash and cash equivalents increased by ¥653 million from the end of the previous fiscal year to ¥1,982 million through operating and financing cash flow. - FY2019-Q3WorsenedAnnual report
「Cash and deposits 1,329 955」
Cash and deposits decreased by ¥374 million from ¥1,329 million at the end of the previous consolidated fiscal year to ¥955 million at the end of the third quarter. They declined again after the cash balance recovery reported in the previous quarter. - FY2019-Q2Cash balance recoveryAnnual report
「Operating activities generated an increase of ¥7,400 million (an increase of ¥2,582 million in the same period of the previous year), investing activities resulted in a decrease of ¥6,549 million (a decrease of ¥4,374 million in the same period of the previous year), and financing activities resulted in a decrease of ¥823 million (an increase of ¥327 million in the same period of the previous year).」
Operating cash flow increased from the same period of the previous year, while investing outflows expanded. Cash and cash equivalents increased by ¥24 million from the end of the previous consolidated fiscal year to ¥1,354 million. - FY2019-Q1RestatedAnnual report
「This was mainly attributable to a decrease in cash and deposits (a decrease of ¥470 million from ¥1,329 million to ¥858 million), increases in notes and accounts receivable and electronically recorded monetary claims (an increase of ¥4,521 million from ¥31,351 million to ¥35,872 million), and an increase in investment securities (an increase of ¥1,216 million from ¥21,886 million to ¥23,102 million).」
Cash and deposits at the end of the first quarter decreased by ¥470 million from the end of the previous fiscal year to ¥858 million. The increase in trade receivables and other items accompanying the period of higher sales volume was also reported. - FY2018RestatedAnnual report
「Operating activities generated an increase of ¥6,953 million (an increase of ¥13,714 million in the same period of the previous year), while investing activities resulted in a decrease of ¥8,755 million (a decrease of ¥1,002 million in the same period of the previous year). As a result, cash and cash equivalents decreased by ¥996 million to ¥1,329 million at the end of the current consolidated fiscal year.」
Investing cash outflows increased due to expanded capital expenditures and other factors, operating cash flow decreased from the previous year, and cash and cash equivalents stood at ¥1,329 million. - FY2018-Q3RestatedAnnual report
「This was mainly attributable to a decrease in cash and deposits (a decrease of ¥1,464 million from ¥2,325 million to ¥861 million), despite increases in notes and accounts receivable (an increase of ¥4,006 million from ¥23,634 million to ¥27,641 million) and property, plant and equipment (an increase of ¥3,940 million from ¥61,431 million to ¥65,371 million).」
At the end of the third quarter, cash and deposits had decreased by ¥1,464 million from the end of the previous fiscal year to ¥861 million. No cash flow statement was prepared for the nine months ended the third quarter. - FY2018-Q2First statedAnnual report
「Operating activities generated an increase of ¥2,582 million (an increase of ¥7,650 million in the same period of the previous year), while investing activities resulted in a decrease of ¥4,374 million (an increase of ¥1,086 million in the same period of the previous year). As a result, cash and cash equivalents at the end of the second quarter of the current consolidated fiscal year decreased by ¥1,468 million from the end of the previous consolidated fiscal year to ¥857 million.」
Operating cash flow decreased from the same period of the previous year, while investing cash flow was net negative due to capital expenditures and other factors. The decrease in funds accompanying the increase in trade receivables was ¥7,326 million, and cash and cash equivalents have declined to ¥857 million.