Strengthening the financial position by prioritizing cash flow
First written in FY2016. 13 of 28 entries say "Mitigated", first in FY2021-Q2. Latest entry: 2026-10-30.
Pegasus moved to the "Worse" side of this theme in 2019, 7 years before the typical company in this theme (2026).
The whole theme swung hardest in 2019: 3 of 20 companies on the "Worse" side.
4 other companies' latest entry also says "Worsened".
- 2026-10-30WorsenedEarnings
「営業活動の結果得られた資金は、９億26百万円（前年同中間期は21億88百万円の収入）となりました。」
営業活動によるキャッシュ・フローは前年同中間期の21億88百万円から９億26百万円へ減少し、キャッシュ・フローの改善基調に弱まりが見られた。 - FY2026MitigatedAnnual report
「Net cash provided by operating activities was ¥2,630 million, up 7.7% from the previous consolidated fiscal year.」
Cash flow from operating activities increased from ¥2,442 million in the previous fiscal year to ¥2,630 million, while cash and cash equivalents also increased by ¥567 million from the end of the previous fiscal year. - FY2026-H1MitigatedAnnual report
「Net cash provided by operating activities was ¥2,188 million, compared with ¥1,277 million in cash provided in the same interim period of the previous year.」
Cash flow from operating activities increased from ¥1,277 million in the same interim period of the previous year to ¥2,188 million. Cash and cash equivalents also increased by ¥1,307 million from the beginning of the period, disclosing an improvement in financial position and cash conditions. - FY2025MitigatedAnnual report
「Net cash provided by operating activities was ¥2,442 million, up 219.0% from the previous consolidated fiscal year.」
Cash flow from operating activities improved from ¥765 million in the previous fiscal year to ¥2,442 million. Short-term borrowings also declined by ¥1,510 million, disclosing a partial improvement in cash flow and financial conditions as the company focuses on cash flow and strengthening its financial position. - FY2025-H1MitigatedAnnual report
「Cash provided by operating activities was ¥1.277 billion, compared with cash used of ¥903 million in the same interim period of the previous year.」
Cash flow from operating activities improved from cash used of ¥903 million in the same period of the previous year to cash provided of ¥1.277 billion. Cash and cash equivalents also increased by ¥58 million from the beginning of the period, while short-term borrowings decreased by ¥1.210 billion and long-term borrowings increased by ¥1.0 billion. - FY2024WorsenedAnnual report
「We will continue to focus on cash-flow-oriented management and work to strengthen our financial position.」
The policy has been maintained, but cash flow from operating activities decreased 58.8% year on year to ¥765 million, cash and cash equivalents decreased by ¥591 million, and both short-term and long-term borrowings increased. - FY2024-Q3WorsenedAnnual report
「Current assets increased by ¥719 million from the end of the previous consolidated fiscal year to ¥29.091 billion. This was mainly because merchandise and finished goods increased by ¥1.223 billion and other current assets by ¥245 million, while cash and deposits decreased by ¥606 million and work in process by ¥161 million.」
Cash and deposits decreased by ¥606 million from the end of the previous consolidated fiscal year. Short-term borrowings increased by ¥765 million and long-term borrowings by ¥1.542 billion, indicating increased funding exposure relative to the goals of prioritizing cash flow and strengthening the financial position. - FY2024-Q2WorsenedAnnual report
「Cash used in operating activities was ¥903 million, compared with cash provided of ¥32 million in the same quarter of the previous year.」
Cash flow from operating activities shifted from cash provided of ¥32 million in the same period of the previous year to cash used of ¥903 million, while cash and cash equivalents also decreased by ¥795 million from the beginning of the period. - FY2024-Q1WorsenedAnnual report
「This was mainly because cash and deposits decreased by ¥624 million, while notes and accounts receivable increased by ¥526 million.」
Cash and deposits decreased by ¥624 million from the end of the previous consolidated fiscal year, while short-term borrowings also increased by ¥790 million. The company disclosed deterioration in its cash position relative to its policy of prioritizing cash flow and strengthening its financial position. - FY2023-Q3MitigatedAnnual report
「Current assets increased by ¥5.544 billion from the end of the previous consolidated fiscal year to ¥31.017 billion. This was mainly because merchandise and finished goods increased by ¥2.198 billion, notes and accounts receivable by ¥2.132 billion, raw materials and supplies by ¥767 million, and cash and deposits by ¥358 million, while work in process decreased by ¥144 million.」
Cash and deposits increased by ¥358 million from the end of the previous consolidated fiscal year, indicating some improvement in the cash position. On the other hand, merchandise, receivables and raw materials also increased, while short-term borrowings increased by ¥389 million, so the improvement was not one-directional. - FY2023-Q2WorsenedAnnual report
「Cash provided by operating activities was ¥32 million. (Cash provided was ¥1.267 billion in the same quarter of the previous year.)」
Cash flow from operating activities fell sharply from cash provided of ¥1.267 billion in the same period of the previous year to cash provided of ¥32 million. Cash and cash equivalents increased by ¥162 million, but short-term borrowings increased by ¥615 million. - FY2023-Q1WorsenedAnnual report
「Current assets increased by ¥1.630 billion from the end of the previous consolidated fiscal year to ¥27.103 billion. This was mainly because notes and accounts receivable increased by ¥1.860 billion, raw materials and supplies by ¥508 million, and work in process by ¥199 million, while cash and deposits decreased by ¥715 million and merchandise and finished goods by ¥220 million.」
Cash and deposits decreased by ¥715 million from the end of the previous consolidated fiscal year, while short-term borrowings increased by ¥463 million. The company disclosed deterioration in its cash position relative to its policy of prioritizing cash flow and strengthening its financial position. - FY2022MitigatedAnnual report
「At the end of the consolidated fiscal year, the company had overdraft agreements totaling ¥3.680 billion with multiple financial institutions to prepare for funding needs, with ¥2.405 billion of undrawn capacity. Cash and cash equivalents totaled ¥9.733 billion at the end of the consolidated fiscal year, and the company recognizes that sufficient liquidity has been secured.」
The company secured funding capacity through overdraft agreements, and cash and cash equivalents totaled ¥9.733 billion. Although cash flow from operating activities decreased to ¥1.880 billion from the previous fiscal year, the company disclosed measures to secure liquidity and maintain its financial base. - FY2022-Q3MitigatedAnnual report
「This was mainly because notes and accounts receivable increased by ¥1.477 billion, cash and deposits by ¥850 million, raw materials and supplies by ¥295 million, and work in process by ¥206 million, while merchandise and finished goods decreased by ¥194 million.」
Cash and deposits increased by ¥850 million from the end of the previous consolidated fiscal year, indicating an improvement in the cash position. On the other hand, short-term borrowings increased by ¥379 million, so the improvement in the financial position was not one-directional. - FY2022-Q2MitigatedAnnual report
「Cash provided by operating activities was ¥1.267 billion, compared with cash used of ¥27 million in the same quarter of the previous year.」
Cash flow from operating activities improved from cash used of ¥27 million in the same period of the previous year to cash provided of ¥1.267 billion. Cash and cash equivalents also increased by ¥1.264 billion from the end of the previous consolidated fiscal year. - FY2022-Q1MitigatedAnnual report
「Current assets increased by ¥1.609 billion from the end of the previous consolidated fiscal year to ¥22.867 billion. This was mainly because notes and accounts receivable increased by ¥1.286 billion, cash and deposits by ¥223 million, raw materials and supplies by ¥210 million, and work in process by ¥129 million, while merchandise and finished goods decreased by ¥250 million.」
Cash and deposits increased by ¥223 million from the end of the previous consolidated fiscal year, indicating some improvement in the cash position. However, short-term borrowings also increased. - FY2021MitigatedAnnual report
「Cash provided by operating activities increased by ¥1.654 billion from the previous consolidated fiscal year to ¥2.257 billion.」
Cash flow from operating activities increased from ¥602 million in the previous fiscal year to ¥2.257 billion, while cash and cash equivalents also increased by ¥2.665 billion. - FY2021-Q3MitigatedAnnual report
「This was mainly because merchandise and finished goods decreased by ¥451 million, notes and accounts receivable by ¥450 million, and raw materials and supplies by ¥107 million, while cash and deposits increased by ¥1.082 billion.」
Cash and deposits increased by ¥1.082 billion from the end of the previous consolidated fiscal year. Short-term borrowings also decreased by ¥148 million, indicating some improvement in the cash position in terms of prioritizing cash flow and strengthening the financial position. - FY2021-Q2MitigatedAnnual report
「Cash and cash equivalents (hereinafter, “funds”) increased by ¥114 million from the end of the previous consolidated fiscal year to ¥5.762 billion.」
Cash and cash equivalents increased by ¥114 million from the end of the previous consolidated fiscal year. Cash flow from operating activities was still an outflow of ¥27 million, but the outflow narrowed from ¥219 million in the same period of the previous year. - FY2021-Q1WorsenedAnnual report
「Current assets decreased by ¥706 million from the end of the previous consolidated fiscal year to ¥19.195 billion. This was mainly because cash and deposits decreased by ¥832 million, while merchandise and finished goods increased by ¥165 million.」
Cash and deposits decreased by ¥832 million from the end of the previous consolidated fiscal year, indicating deterioration in the cash position relative to the goal of strengthening the financial position. - FY2020WorsenedAnnual report
「Cash provided by operating activities decreased by ¥1.150 billion from the previous consolidated fiscal year to ¥602 million.」
Cash flow from operating activities decreased from ¥1.753 billion to ¥602 million, while cash and cash equivalents also decreased by ¥553 million. The cash-flow-oriented policy has been maintained. - FY2020-Q3WorsenedAnnual report
「Current assets decreased by ¥1.863 billion from the end of the previous consolidated fiscal year to ¥19.215 billion. This was mainly because notes and accounts receivable decreased by ¥1.002 billion, cash and deposits by ¥625 million, and merchandise and finished goods by ¥380 million, while raw materials and supplies increased by ¥223 million. Current liabilities were ¥4.477 billion, mainly due to a ¥1.082 billion increase in short-term borrowings.」
Cash and deposits decreased by ¥625 million from the end of the previous consolidated fiscal year, while short-term borrowings increased by ¥1.082 billion. Although no change in the policy of prioritizing cash flow and strengthening the financial position is described, the figures disclosed indicate deterioration in the financial position. - FY2020-Q2WorsenedAnnual report
「Cash used in operating activities was ¥219 million, compared with cash provided of ¥400 million in the same quarter of the previous year.」
Cash flow from operating activities shifted from cash provided of ¥400 million in the same period of the previous year to cash used of ¥219 million, while cash and cash equivalents also decreased by ¥1.322 billion from the beginning of the period. There is no indication that the cash-flow-oriented policy itself was changed. - FY2019RestatedAnnual report
「We will continue to focus on cash-flow-oriented management and work to strengthen our financial position.」
The company continues its policy of prioritizing cash flow and strengthening its financial position. Cash flow from operating activities was ¥1.753 billion, and the equity ratio was 74.8%. - FY2018RestatedAnnual report
「We will continue to focus on cash-flow-oriented management and work to strengthen our financial position.」
The company reaffirmed its cash-flow-oriented policy. Cash flow from operating activities was ¥2.403 billion for the period, while interest-bearing debt decreased from approximately ¥4.0 billion at the end of the previous fiscal year to approximately ¥2.2 billion. - FY2016First statedAnnual report
「We will continue to focus on cash-flow-oriented management and work to strengthen our financial position.」
Strengthening the financial position is positioned as a key issue in the medium-term management plan.