Negative Operating Cash Flow and Decline in Cash Balance Due to Increase in Trade Receivables
First written in FY2018-Q2. 2 of 32 entries say "Reframed", first in FY2019-Q1. Latest entry: 2026-10-09.
The whole theme swung hardest in 2022: 38 of 140 companies on the "Worse" side.
70 other companies' latest entry also says "Other".
- FY2026-H1Operating cash flow turned negative and cash balance declinedAnnual report
「Cash and cash equivalents decreased by ¥1,516 million from the end of the previous consolidated fiscal year to ¥4,905 million. Funds used in operating activities totaled ¥389 million, compared with ¥983 million generated in the same period of the previous year.」
Cash and cash equivalents decreased by ¥1,516 million from the end of the previous fiscal year to ¥4,905 million, while operating cash flow changed from ¥983 million generated in the same period of the previous year to ¥389 million used. The ¥2,121 million increase in inventories was the main factor reducing cash. - 2026-04-08WorsenedEarnings
「Cash and cash equivalents, hereinafter referred to as “funds,” decreased by ¥1,516 million from the end of the previous consolidated fiscal year to ¥4,905 million during the interim consolidated accounting period.」
Cash and cash equivalents declined from the previous fiscal year-end, while operating cash flow was an outflow of ¥389 million. - FY2025Higher operating cash flow and cash balanceAnnual report
「Funds generated from operating activities totaled ¥1,477 million, compared with ¥557 million generated in the previous consolidated fiscal year.」
Operating cash flow increased from ¥557 million to ¥1,477 million, and cash and cash equivalents also increased by ¥1,183 million from the end of the previous fiscal year to ¥6,421 million. Decreases in trade receivables and inventories contributed to cash inflows. - FY2025-H1Operating cash flow turned positive, cash increasedAnnual report
「Funds generated from operating activities totaled ¥983 million, compared with funds used of ¥79 million in the same period of the previous year.」
Operating activities generated ¥983 million, compared with an outflow of ¥79 million in the same period of the previous year. Cash and cash equivalents also increased by ¥765 million from the end of the previous fiscal year to ¥6,003 million. - FY2024Operating cash flow decreased due to an increase in trade receivablesAnnual report
「Funds generated from operating activities totaled ¥557 million, compared with ¥1,841 million generated in the previous consolidated fiscal year. This was mainly due to profit before income taxes of ¥2,426 million, depreciation of ¥218 million and an increase of ¥90 million in trade payables, despite increases of ¥1,522 million in trade receivables and ¥187 million in inventories and a decrease of ¥497 million in advances received.」
Despite a substantial increase in profit, operating cash flow decreased from ¥1,841 million in the previous fiscal year to ¥557 million due to increases in trade receivables and inventories and a decrease in advances received. - FY2024-Q3Cash, work in progress and advances received increasedAnnual report
「Current assets at the end of the third quarter of the current consolidated fiscal year totaled ¥12,820 million, an increase of ¥2,856 million from the end of the previous consolidated fiscal year. This was mainly due to increases of ¥1,424 million in cash and deposits, ¥1,816 million in work in progress and ¥21 million in raw materials and supplies, despite decreases of ¥423 million in notes and accounts receivable and contract assets and ¥8 million in electronically recorded monetary claims.」
Current assets increased by ¥2,856 million from the end of the previous consolidated fiscal year, with cash and deposits increasing by ¥1,424 million and work in progress by ¥1,816 million. Advances received also increased by ¥2,177 million. - FY2024-Q2Operating cash flow turned negative as work in progress increasedAnnual report
「Cash and cash equivalents decreased by ¥217 million from the end of the previous consolidated fiscal year to ¥4,662 million. Funds used in operating activities totaled ¥79 million, compared with ¥78 million generated in the same period of the previous year. This was mainly due to profit before income taxes of ¥662 million, depreciation of ¥105 million, a decrease of ¥107 million in trade receivables and an increase of ¥830 million in advances received, despite an increase of ¥886 million in inventories, a decrease of ¥651 million in trade payables, a decrease of ¥78 million in other items and income tax payments of ¥170 million.」
Cash and cash equivalents decreased by ¥217 million from the end of the previous fiscal year to ¥4,662 million, while operating cash flow changed from an inflow in the same period of the previous year to an outflow of ¥79 million. The ¥886 million increase in inventories and other items reduced cash. - FY2024-Q1Cash decreased, while work in progress and advances received increasedAnnual report
「Current assets at the end of the first quarter of the current consolidated fiscal year totaled ¥10,068 million, an increase of ¥104 million from the end of the previous consolidated fiscal year. This was mainly due to an increase of ¥1,115 million in work in progress, despite decreases of ¥253 million in cash and deposits and ¥790 million in notes and accounts receivable and contract assets.」
Current assets increased by ¥104 million, with work in progress increasing by ¥1,115 million while cash and deposits decreased by ¥253 million and trade receivables and other items decreased by ¥790 million. Advances received increased by ¥925 million. - FY2023-Q3Cash and advances received increasedAnnual report
「This was mainly due to increases of ¥2,065 million in cash and deposits and ¥53 million in raw materials and supplies, despite decreases of ¥85 million in notes and accounts receivable and contract assets, ¥178 million in work in progress and ¥166 million in other current assets.」
Cash and deposits increased by ¥2,065 million from the end of the previous consolidated fiscal year to ¥5,149 million. Advances received also increased by ¥1,423 million. - FY2023-Q2Operating cash flow decreased, while trade receivables increasedAnnual report
「Funds generated from operating activities totaled ¥78 million, compared with ¥985 million generated in the same period of the previous year. This was mainly due to profit before income taxes of ¥230 million, depreciation of ¥101 million, a decrease of ¥1,087 million in inventories, an increase of ¥86 million in advances received, an increase of ¥197 million in other items, and tax refunds and other items of ¥37 million, despite an increase of ¥1,013 million in trade receivables and a decrease of ¥666 million in trade payables.」
Operating cash flow decreased from ¥985 million generated in the same period of the previous year to ¥78 million generated. The ¥1,013 million increase in trade receivables and ¥666 million decrease in trade payables limited cash inflows, while inventories decreased by ¥1,087 million. - FY2023-Q1Decrease in cash and increase in work in progressAnnual report
「This was mainly due to an increase of ¥450 million in work in progress, despite decreases of ¥897 million in cash and deposits and ¥23 million in notes and accounts receivable and contract assets.」
At the end of the first quarter, cash and deposits decreased by ¥897 million while work in progress increased by ¥450 million, changing the composition of operating assets. - FY2022Operating cash flow fell sharply as inventories increasedAnnual report
「Funds generated from operating activities totaled ¥83 million, compared with ¥1,629 million generated in the previous consolidated fiscal year. This was mainly due to profit before income taxes of ¥535 million, depreciation of ¥225 million, a decrease of ¥205 million in trade receivables, an increase of ¥1,682 million in trade payables and an increase of ¥749 million in advances received, despite a decrease of ¥207 million in the provision for product warranties and an increase of ¥2,874 million in inventories.」
Operating cash flow fell sharply from ¥1,629 million generated to ¥83 million generated, while inventories increased by ¥2,874 million. - FY2022-Q3Decrease in cash and increase in work in progressAnnual report
「Current assets at the end of the third quarter of the current consolidated fiscal year totaled ¥7,545 million, an increase of ¥1,591 million from the end of the previous consolidated fiscal year. This was mainly due to increases of ¥1,315 million in work in progress and ¥323 million in other current assets, despite a decrease of ¥366 million in cash and deposits.」
Current assets increased by ¥1,591 million, with work in progress increasing by ¥1,315 million while cash and deposits decreased by ¥366 million. - FY2022-Q2Cash increased and operating cash flow remained positiveAnnual report
「Cash and cash equivalents increased by ¥645 million from the end of the previous consolidated fiscal year to ¥3,971 million. Funds generated from operating activities totaled ¥985 million, compared with funds used of ¥260 million in the same period of the previous year.」
Cash and cash equivalents increased by ¥645 million from the end of the previous fiscal year to ¥3,971 million, while cash flows from operating activities changed from an outflow in the same period of the previous year to an inflow of ¥985 million. Trade payables and advances received increased, while inventories also increased. - FY2022-Q1Cash and work in progress increased, while receivables decreasedAnnual report
「Current assets at the end of the first quarter of the current consolidated fiscal year totaled ¥6,679 million, an increase of ¥798 million from the end of the previous consolidated fiscal year. This was mainly due to increases of ¥650 million in cash and deposits and ¥404 million in work in progress, despite decreases of ¥178 million in notes and accounts receivable and contract assets and ¥123 million in electronically recorded monetary claims.」
Current assets increased by ¥798 million from the end of the previous consolidated fiscal year, with cash and deposits and work in progress increasing. Meanwhile, notes and accounts receivable, contract assets and electronically recorded monetary claims decreased. - FY2021Cash and operating cash flow continue to increaseAnnual report
「Cash and cash equivalents (hereinafter, “funds”) increased by ¥1,273 million from the end of the previous consolidated fiscal year to ¥3,326 million. This was mainly due to profit before income taxes of ¥670 million, depreciation, an increase in the provision for product warranties, decreases in trade receivables and inventories, despite decreases in trade payables and advances received, expenditures for the acquisition of property, plant and equipment and intangible assets, expenditures for the acquisition of treasury shares, and dividend payments.」
Cash and cash equivalents increased by ¥1,273 million from the end of the previous fiscal year to ¥3,326 million, while cash flows from operating activities generated ¥1,629 million. - FY2021-Q3Increase in cash and decrease in working assetsAnnual report
「This was primarily due to an increase of ¥1,460 million in cash and deposits, partly offset by decreases of ¥1,175 million in notes and accounts receivable—trade, ¥109 million in electronically recorded monetary claims, ¥1,000 million in work in progress and ¥128 million in other current assets.」
Cash and deposits at the end of the third quarter increased by ¥1,460 million from the end of the previous fiscal year, while trade receivables, work in progress and other assets decreased, marking a shift from the previous pattern of declining cash and increasing working assets. - FY2021-Q2Decrease in cash and operating cash flowAnnual report
「Cash and cash equivalents, hereinafter referred to as “funds,” during the cumulative second quarter of the current consolidated fiscal year decreased by ¥433 million from the end of the previous consolidated fiscal year to ¥1,618 million. Funds used in operating activities were ¥260 million, compared with funds generated of ¥1,685 million in the same period of the previous year.」
Cash and cash equivalents decreased by ¥433 million from the end of the previous fiscal year, while operating cash flow shifted from an inflow of ¥1,685 million in the same period of the previous year to an outflow of ¥260 million. - FY2021-Q1Decrease in cash and trade receivablesAnnual report
「Current assets at the end of the first quarter of the current consolidated accounting period totaled ¥5,625 million, a decrease of ¥555 million from the end of the previous consolidated fiscal year. This was primarily due to decreases of ¥115 million in cash and deposits, ¥308 million in notes and accounts receivable—trade, ¥59 million in electronically recorded monetary claims and ¥70 million in other current assets.」
Current assets decreased by ¥555 million from the end of the previous fiscal year, including decreases of ¥115 million in cash and deposits, ¥308 million in notes and accounts receivable—trade and ¥59 million in electronically recorded monetary claims. - FY2020Significant improvement in cash balances and operating cash flowAnnual report
「Funds generated from operating activities were ¥1,596 million, compared with an outflow of ¥16 million in the previous consolidated fiscal year.」
Operating cash flow shifted from an outflow in the previous fiscal year to funds generated of ¥1,596 million, while cash and cash equivalents also increased to ¥2,052 million. - FY2020-Q3Continued increases in cash, work in progress and customer advancesAnnual report
「This was primarily due to increases of ¥1,336 million in cash and deposits, ¥60 million in electronically recorded monetary claims, ¥2,662 million in work in progress and ¥150 million in other current assets, partly offset by a ¥1,331 million decrease in notes and accounts receivable—trade.」
From the end of the previous fiscal year, cash and deposits increased by ¥1,336 million and work in progress by ¥2,662 million, while notes and accounts receivable—trade decreased by ¥1,331 million. Customer advances also increased by ¥1,546 million. - FY2020-Q2Significant increase in cash and operating cash flowAnnual report
「Cash and cash equivalents, hereinafter referred to as “funds,” during the cumulative second quarter of the current consolidated fiscal year increased by ¥1,517 million from the end of the previous consolidated fiscal year to ¥2,237 million. Funds generated from operating activities were ¥1,685 million, compared with an outflow of ¥163 million in the same period of the previous year.」
The previous situation of declining cash balances and operating cash outflows reversed, with cash and cash equivalents increasing by ¥1,517 million and operating cash flow generating ¥1,685 million. Lower trade receivables and increases in accounts payable and customer advances contributed, while work in progress increased by ¥2,408 million. - FY2020-Q1ReframedAnnual report
「This was primarily due to increases of ¥1,320 million in cash and deposits and ¥1,355 million in work in progress. This was primarily due to increases of ¥430 million in accounts payable, ¥719 million in electronically recorded obligations and ¥1,602 million in customer advances.」
In the first quarter, the situation shifted from the previous pattern of lower cash balances and higher trade receivables, with cash increasing by ¥1,320 million, work in progress by ¥1,355 million and customer advances by ¥1,602 million, resulting in substantial increases in total assets and liabilities. - FY2019Operating cash flow deficit due to decreases in trade receivables and customer advancesAnnual report
「Cash and cash equivalents, hereinafter referred to as “funds,” for the current consolidated fiscal year decreased by ¥180 million from the end of the previous consolidated fiscal year to ¥719 million. This was due to an increase in trade receivables and a decrease in customer advances, despite the recording of ¥659 million in profit before income taxes.」
Cash and cash equivalents decreased by ¥180 million to ¥719 million, while operating cash flow was an outflow of ¥16 million due mainly to a ¥414 million increase in trade receivables and a ¥721 million decrease in customer advances. - FY2019-Q3Continued increase in work in progress and decrease in cashAnnual report
「Current assets at the end of the third quarter of the current consolidated accounting period totaled ¥4,300 million, an increase of ¥448 million from the end of the previous consolidated fiscal year. This was primarily due to an increase of ¥1,406 million in work in progress, partly offset by decreases of ¥391 million in cash and deposits, ¥523 million in notes and accounts receivable—trade, and ¥45 million in other current assets.」
Work in progress increased by ¥1,406 million from the end of the previous consolidated fiscal year, while cash and deposits decreased by ¥391 million. Notes and accounts receivable—trade decreased by ¥523 million, reflecting continuing changes in the asset composition. - FY2019-Q2Continued increase in work in progress and decrease in cashAnnual report
「Current assets at the end of the second quarter of the current consolidated accounting period totaled ¥4,992 million, an increase of ¥1,140 million from the end of the previous consolidated fiscal year. This was primarily due to an increase of ¥1,484 million in work in progress, partly offset by a ¥289 million decrease in cash and deposits.」
Work in progress increased by ¥1,484 million, while cash and deposits decreased by ¥289 million from the end of the previous fiscal year, and operating cash flow was also an outflow of ¥163 million. In addition to the previous focus on trade receivables, the substantial increase in work in progress is identified as a factor behind the decrease in funds. - FY2019-Q1ReframedAnnual report
「This was primarily due to an increase of ¥251 million in work in progress and an increase of ¥46 million in other current assets, partly offset by a ¥230 million decrease in cash and deposits.」
Cash and deposits decreased by ¥230 million from the end of the previous fiscal year, while work in progress increased by ¥251 million. Unlike the previous explanation, which focused on a decrease in funds driven primarily by higher trade receivables, this quarter's description focuses on the increase in work in progress and the decrease in cash. - FY2018Lower cash balances and continued growth in trade receivables for the full yearAnnual report
「Cash and cash equivalents, hereinafter referred to as “funds,” for the current consolidated fiscal year decreased by ¥131 million from the end of the previous consolidated fiscal year to ¥900 million. This was despite the recording of ¥486 million in profit before income taxes, primarily because of an increase in trade receivables and cash outflows from the repayment of short-term borrowings.」
For the full year, cash and cash equivalents decreased by ¥131 million to ¥900 million. Trade receivables increased by ¥785 million, while operating cash flow was an inflow of ¥455 million. - FY2018-Q3Lower cash balances and continued growth in trade receivablesAnnual report
「Cash and deposits 1,031,333 915,553 Notes and accounts receivable—trade 1,034,749 2,158,510」
From the end of the previous consolidated fiscal year to the end of the third quarter, cash and deposits decreased while notes and accounts receivable—trade increased. The quarterly consolidated statements of cash flows for the cumulative third quarter were not prepared. - FY2018-Q2First statedAnnual report
「Cash and cash equivalents, hereinafter referred to as “funds,” at the end of the second quarter of the current consolidated cumulative period decreased by ¥241 million from the end of the previous consolidated fiscal year to ¥789 million. The main factors were as follows.」
Cash and cash equivalents decreased by ¥241 million from the end of the previous consolidated fiscal year to ¥789 million, while operating cash flow was an outflow of ¥689 million. The increase of ¥1,200 million in trade receivables was cited as a main factor.