Operating cash flow weakened by an increase in trade receivables
First written in FY2017-Q2. . Latest entry: FY2026.
The whole theme swung hardest in 2022: 9 of 35 companies on the "Worse" side.
18 other companies' latest entry also says "Other".
- FY2026Decline in trade receivables and improvement in operating cash flowAnnual report
「Cash provided by operating activities was ¥695 million, up 101.8% year on year. This was mainly due to profit before income taxes of ¥342 million, depreciation of ¥273 million, a ¥249 million decrease in trade receivables, and a ¥189 million decrease in inventories, despite income taxes paid of ¥166 million, an increase in prepaid pension expenses of ¥152 million, and a decrease in accounts payable of ¥119 million, among other factors.」
Trade receivables decreased by ¥249 million and inventories by ¥189 million, and operating cash flow improved from ¥344.618 million in the previous fiscal year to ¥695.477 million. - FY2026-H1Decline in trade receivables and improvement in operating cash flowAnnual report
「Cash provided by operating activities was ¥310 million, compared with ¥45 million used in the same period of the previous year. This was mainly due to interim profit before income taxes of ¥41 million, an increase in accounts payable of ¥327 million, and a ¥95 million decrease in trade receivables, despite an increase in inventories of ¥143 million and an increase in prepaid pension expenses of ¥68 million, among other factors.」
Trade receivables decreased by ¥95 million, and the increase in accounts payable also contributed to operating cash flow improving from ¥45 million used in the same period of the previous year to ¥310 million provided. - FY2025Decrease in trade receivables and operating cash flowAnnual report
「Cash provided by operating activities was ¥344 million, down 40.2% year on year. This was mainly due to a decrease in accounts payable of ¥770 million and income taxes paid of ¥340 million, despite a ¥944 million decrease in trade receivables and profit before income taxes of ¥821 million, among other factors.」
Trade receivables changed from an increase in the previous fiscal year to a ¥944 million decrease, while operating cash flow decreased from ¥576 million to ¥344 million due mainly to the decrease in accounts payable. - FY2025-H1Deterioration in operating cash flow and increase in inventoriesAnnual report
「Cash used in operating activities was ¥45 million, compared with ¥294 million provided in the same period of the previous year. This was mainly due to an increase in inventories of ¥351 million, a decrease in accounts payable of ¥327 million, and income taxes paid of ¥195 million, despite interim profit before income taxes of ¥288 million and a ¥574 million decrease in trade receivables.」
Although trade receivables decreased, operating cash flow changed from ¥294 million provided in the same period of the previous year to ¥45 million used, due mainly to the increase in inventories and decrease in accounts payable. - FY2024Recovery in operating cash flow and increase in trade receivablesAnnual report
「Cash provided by operating activities was ¥576 million, compared with ¥15 million used in the same period of the previous year. This was mainly due to profit before income taxes of ¥999 million and depreciation of ¥246 million, despite an increase in trade receivables of ¥466 million and income taxes paid of ¥193 million, among other factors.」
Although trade receivables continued to increase, operating cash flow improved from ¥15 million used in the previous fiscal year to ¥576 million provided, due mainly to higher profit. - FY2024-Q3Increase in electronically recorded monetary claims and inventoriesAnnual report
「This was mainly due to increases of ¥806 million in electronically recorded monetary claims, ¥460 million in merchandise and finished goods, and ¥334 million in other accounts receivable, respectively, and a decrease of ¥613 million in notes and accounts receivable.」
At the end of the third-quarter accounting period, electronically recorded monetary claims, merchandise and finished goods, and other accounts receivable increased, while notes and accounts receivable decreased. A quarterly cash flow statement was not prepared. - FY2024-Q1Change in the composition of trade receivablesAnnual report
「This was mainly due to increases of ¥271 million in electronically recorded monetary claims, ¥257 million in merchandise and finished goods, and ¥221 million in other accounts receivable, respectively, and a decrease of ¥570 million in notes and accounts receivable.」
Electronically recorded monetary claims and other accounts receivable increased from the end of the previous fiscal year, while notes and accounts receivable decreased. A cash flow statement was not prepared for the cumulative first-quarter period. - FY2023Increase in trade receivables and shift to negative operating cash flowAnnual report
「Cash used in operating activities was ¥15 million, compared with ¥702 million provided in the same period of the previous year. This was mainly due to an increase in trade receivables of ¥835 million and income taxes paid of ¥225 million, despite profit before income taxes of ¥673 million and depreciation of ¥269 million.」
Due mainly to the ¥835 million increase in trade receivables, operating cash flow changed from ¥702 million provided in the previous fiscal year to ¥15 million used. - FY2023-Q3Increase in electronically recorded monetary claims and inventoriesAnnual report
「This was mainly due to increases of ¥785 million in electronically recorded monetary claims and ¥342 million in merchandise and finished goods, respectively, and a decrease of ¥622 million in cash and deposits.」
At the end of the third-quarter accounting period, electronically recorded monetary claims increased by ¥785 million and merchandise and finished goods increased by ¥342 million. A quarterly cash flow statement was not prepared, and the direct impact on operating cash flow was not disclosed. - FY2023-Q2Increase in trade receivables and deterioration in operating cash flowAnnual report
「Cash used in operating activities was ¥320 million, compared with ¥478 million provided in the same period of the previous year. This was mainly due to increases in trade receivables of ¥713 million and inventories of ¥356 million, despite profit before income taxes of ¥414 million and an increase in accounts payable of ¥340 million.」
Due mainly to the ¥713 million increase in trade receivables, cash flow from operating activities changed from ¥478 million provided in the same period of the previous year to ¥320 million used. - FY2023-Q1Increase in electronically recorded monetary claims and decrease in accounts receivableAnnual report
「This was mainly due to increases of ¥361 million in electronically recorded monetary claims and ¥225 million in other accounts receivable, respectively, and a decrease of ¥317 million in notes and accounts receivable.」
At the end of the first quarter, electronically recorded monetary claims and other accounts receivable increased, while notes and accounts receivable decreased. A quarterly cash flow statement was not prepared. - FY2022Improved operating cash flow and increase in electronically recorded monetary claimsAnnual report
「Cash provided by operating activities was ¥702 million, up 75.9% year on year. This mainly reflected profit before income taxes of ¥591 million, depreciation of ¥243 million, an increase in accounts payable of ¥230 million, and an increase in inventories of ¥145 million, among other factors.」
Operating cash flow improved from ¥399 million to ¥702 million. Although trade receivables decreased by ¥21 million, electronically recorded monetary claims increased by ¥182 million at the end of the period. - FY2022-Q3Increase in electronically recorded monetary claims and decrease in accounts receivableAnnual report
「This was mainly due to increases of ¥652 million in electronically recorded monetary claims and ¥174 million in merchandise and finished goods, respectively, and a decrease of ¥465 million in notes and accounts receivable.」
At the end of the third quarter, electronically recorded monetary claims had increased by ¥652 million from the end of the previous fiscal year, while notes and accounts receivable had decreased by ¥465 million. A cash flow statement was not prepared for the cumulative third-quarter period. - FY2022-Q2Increase in trade receivables and improvement in operating cash flowAnnual report
「Cash generated from operating activities was ¥478 million (up 150.6% year on year). This primarily reflected pretax quarterly net income of ¥391 million, an increase in trade receivables of ¥217 million, and an increase in trade payables of ¥334 million, among other factors.」
Trade receivables increased by ¥217 million, while operating cash flow improved from ¥191 million in the same period of the previous year to ¥478 million, due in part to the increase in trade payables. - FY2022-Q1Increase in electronically recorded monetary claimsAnnual report
「This was primarily due to increases of ¥344 million in electronically recorded monetary claims and ¥122 million in cash and deposits.」
At the end of the first quarter, electronically recorded monetary claims had increased by ¥344 million from the end of the previous fiscal year. As no quarterly cash flow statement was prepared, the impact on operating cash flow was not shown directly. - FY2021Increase in trade receivables and decline in operating cash flowAnnual report
「Cash generated from operating activities was ¥399 million (down 25.3% year on year). This primarily reflected pretax net income of ¥423 million, depreciation and amortization of ¥280 million, an increase in trade receivables of ¥488 million, and a ¥254 million decrease in inventories, among other factors.」
Trade receivables increased by ¥488 million, and operating cash flow decreased from ¥534 million in the previous fiscal year to ¥399 million. - FY2021-Q3Change in the composition of trade receivablesAnnual report
「Notes and accounts receivable ¥1,006.944 million ¥649.200 million Electronically recorded monetary claims ¥556.240 million ¥1,214.467 million」
Compared with the end of the previous fiscal year, notes and accounts receivable decreased, while electronically recorded monetary claims increased. No cash flow statement was prepared for the cumulative third-quarter period. - FY2021-Q2Increase in trade receivables and improvement in operating cash flowAnnual report
「Cash generated from operating activities was ¥190 million (compared with ¥67 million used in the same period of the previous year). This primarily reflected pretax quarterly net income of ¥170 million, an increase in trade receivables of ¥169 million, and an increase in trade payables of ¥147 million, among other factors.」
Trade receivables increased by ¥169 million, while operating cash flow improved from ¥67 million used in the same period of the previous year to ¥190 million generated, due in part to the increase in trade payables. Electronically recorded monetary claims also increased from the end of the previous fiscal year. - FY2021-Q1Increase in electronically recorded monetary claimsAnnual report
「Electronically recorded monetary claims ¥556.240 million ¥895.103 million」
Electronically recorded monetary claims increased by ¥338.863 million from ¥556.240 million at the end of the previous fiscal year to ¥895.103 million. As no cash flow statement was prepared for the first quarter, the impact on operating cash flow was not shown directly. - FY2020Decline in operating cash flow and continued decrease in trade receivablesAnnual report
「Cash generated from operating activities was ¥534 million (down 41.2% year on year). This primarily reflected pretax net income of ¥407 million, a ¥375 million decrease in trade payables, and a ¥235 million decrease in trade receivables, among other factors.」
Trade receivables decreased by ¥235 million, but operating cash flow decreased from ¥908 million to ¥534 million due to the decrease in trade payables and other factors. - FY2020-Q3Change in the composition of trade receivablesAnnual report
「Notes and accounts receivable ¥1,062.470 million ¥694.633 million Electronically recorded monetary claims ¥781.625 million ¥1,153.432 million」
Compared with the end of the previous fiscal year, notes and accounts receivable decreased, while electronically recorded monetary claims increased. As no cash flow statement was prepared for the cumulative third-quarter period, the impact on operating cash flow was not shown directly. - FY2020-Q2Increase in trade receivables and deterioration in operating cash flowAnnual report
「Cash used in operating activities was ¥67 million (compared with ¥361 million generated in the same period of the previous year). Although pretax quarterly net income of ¥385 million and depreciation and amortization of ¥121 million were recorded, this primarily reflected an increase in trade receivables of ¥373 million, an increase in inventories of ¥88 million, and income taxes paid of ¥33 million, among other factors.」
Trade receivables increased by ¥373 million, and cash flow from operating activities shifted from ¥361 million generated in the same period of the previous year to ¥67 million used. - FY2020-Q1Increase in electronically recorded monetary claimsAnnual report
「Notes and accounts receivable ¥1,062.470 million ¥1,025.970 million Electronically recorded monetary claims ¥781.625 million ¥963.631 million」
Compared with the end of the previous fiscal year, notes and accounts receivable decreased by ¥36.5 million, while electronically recorded monetary claims increased by ¥182.006 million. No cash flow statement was prepared for the first quarter. - FY2019Decline in trade receivables and improvement in operating cash flowAnnual report
「Cash generated from operating activities was ¥908 million (up 28.5% year on year). This primarily reflected pretax net income of ¥617 million, depreciation and amortization of ¥262 million, and a ¥255 million decrease in trade receivables, among other factors.」
Trade receivables shifted from an increase in the previous fiscal year to a ¥255 million decrease, and operating cash flow improved from ¥707 million to ¥908 million. - FY2019-Q3Change in the composition of trade receivablesAnnual report
「Notes and accounts receivable ¥1,180.884 million ¥789.684 million Electronically recorded monetary claims ¥888.772 million ¥1,157.994 million」
Compared with the end of the previous fiscal year, notes and accounts receivable decreased, while electronically recorded monetary claims increased. As no cash flow statement was prepared for the cumulative third-quarter period, the impact on operating cash flow was not shown directly. - FY2019-Q2Continued increase in trade receivables and improvement in operating cash flowAnnual report
「Cash generated from operating activities was ¥361 million (up 154.4% year on year). This primarily reflected pretax quarterly net income of ¥499 million, depreciation and amortization of ¥127 million, an increase in trade receivables of ¥321 million, an increase in trade payables of ¥124 million, and income taxes paid of ¥116 million, among other factors.」
The ¥321 million increase in trade receivables continued, but cash flow from operating activities improved from ¥142 million in the same period of the previous year to ¥362 million. - FY2019-Q1Increase in trade receivables balanceAnnual report
「Notes and accounts receivable ¥1,180.884 million ¥1,302.930 million Electronically recorded monetary claims ¥888.772 million ¥900.486 million」
At the end of the first quarter, notes and accounts receivable had increased by ¥122.046 million from the end of the previous fiscal year, while electronically recorded monetary claims had increased by ¥11.714 million. As no quarterly cash flow statement was prepared, the impact on operating cash flow was not shown directly. - FY2018Increase in trade receivables eases and operating cash flow improvesAnnual report
「Change in trade receivables (△ indicates an increase) △ ¥49.374 million Cash flow from operating activities ¥707.036 million」
In the current fiscal year, trade receivables were a ¥49.374 million source of cash, and cash flow from operating activities improved to ¥707.036 million. This represented a change from the previous fiscal year's ¥433.743 million increase in trade receivables and ¥345.587 million in operating cash flow. - FY2018-Q3Continued increase in trade receivablesAnnual report
「This was primarily due to increases of ¥536 million in electronically recorded monetary claims, ¥197 million in property, plant and equipment, and ¥174 million in investment securities.」
At the end of the third quarter, electronically recorded monetary claims had increased by ¥536 million from the end of the previous fiscal year. As no quarterly cash flow statement was prepared, the impact on operating cash flow was not shown directly. - FY2018-Q2Continued increase in trade receivables and improvement in operating cash flowAnnual report
「Cash generated from operating activities was ¥142 million (compared with ¥328 million used in the same period of the previous year). This primarily reflected pretax quarterly net income of ¥619 million, an increase in trade receivables of ¥591 million, an increase in trade payables of ¥359 million, and income taxes paid of ¥136 million, among other factors.」
The ¥591 million increase in trade receivables continued, while operating cash flow improved from ¥328 million used in the same period of the previous year to ¥142 million generated. - FY2018-Q1Continued increase in trade receivablesAnnual report
「This was primarily due to increases of ¥194 million in merchandise and finished goods, ¥80 million in notes and accounts receivable, and ¥70 million in raw materials and supplies.」
At the end of the first quarter, notes and accounts receivable had increased by ¥80 million from the end of the previous fiscal year. No quarterly cash flow statement was prepared, so the impact on operating cash flow was not shown directly. - FY2017Trade receivables continued to increaseAnnual report
「The main factors were pretax net income of ¥843 million, depreciation and amortization of ¥240 million, and an increase in trade receivables of ¥433 million, among others.」
Full-year cash flow from operating activities was ¥345.587 million, with the ¥433 million increase in trade receivables identified as one of the major factors. - FY2017-Q3Continued increase in trade receivablesAnnual report
「This was primarily due to increases of ¥602 million in electronically recorded monetary claims, ¥225 million in other receivables, and ¥260 million in investment securities.」
At the end of the third quarter, electronically recorded monetary claims had increased by ¥602 million from the end of the previous fiscal year. As no quarterly cash flow statement was prepared this time, the impact on operating cash flow was not shown directly. - FY2017-Q2First statedAnnual report
「Cash used in operating activities was ¥328 million (compared with ¥135 million generated in the same period of the previous year). This primarily reflected pretax quarterly net income of ¥472 million, an increase in trade receivables of ¥740 million, and income taxes paid of ¥180 million, among other factors.」
Cash flow from operating activities shifted from ¥135 million generated in the same period of the previous year to ¥328 million used, with the ¥740 million increase in trade receivables identified as a major factor.