Strengthening the Financial Position
First written in FY2017. 6 of 15 entries say "Advanced", first in FY2021-Q2. Latest entry: FY2027-H1.
Ishii Hyoki moved to the "Worse" side of this theme in 2026, the same year as the typical company in this theme.
The whole theme swung hardest in 2025: 3 of 23 companies on the "Worse" side.
3 other companies' latest entry also says "Worsened".
- FY2027-H1WorsenedAnnual report
「Cash used in operating activities was ¥246 million, compared with cash provided of ¥545 million in the same period of the previous year. The main factors increasing cash were interim net income before taxes and other adjustments of ¥617 million and depreciation and amortization of ¥273 million. The main factors reducing cash were a ¥501 million increase in inventories, ¥178 million in corporate income taxes paid, a ¥121 million decrease in trade payables, a ¥96 million decrease in accrued expenses, a ¥95 million increase in prepaid expenses included in other items, and a ¥64 million increase in advances paid.」
Cash flow from operating activities shifted from an inflow of ¥545 million in the same period of the previous year to an outflow of ¥246 million, with an increase in inventories and other factors driving the cash outflow. - FY2026-H1Operating cash flow results updatedAnnual report
「Cash provided by operating activities was ¥545 million, down 74.2% year on year. The main factors increasing cash flow were interim net income before income taxes and other adjustments of ¥520 million, depreciation and amortization of ¥313 million, and an increase in trade payables of ¥109 million. The main factors reducing cash flow were an increase in trade receivables of ¥181 million and an increase in inventories of ¥197 million.」
Operating cash flow was ¥545 million, down 74.2% from ¥2,110 million in the year-earlier period. - FY2025AdvancedAnnual report
「Cash provided by operating activities was ¥2,292 million, up 308.2% from the previous consolidated fiscal year. … The balance of interest-bearing debt, including borrowings, at the end of the current consolidated fiscal year was ¥2,008 million.」
Operating cash flow increased from ¥561 million in the previous fiscal year to ¥2,292 million, while the balance of interest-bearing debt declined from ¥3,672 million to ¥2,008 million. - FY2025-H1AdvancedAnnual report
「Cash provided by operating activities was ¥2,110 million, up 236.8% year on year. The main factors increasing cash flow were interim net income before income taxes and other adjustments of ¥503 million, depreciation and amortization of ¥321 million, and a decrease in trade receivables of ¥1,443 million. The main factor reducing cash flow was a decrease in trade payables of ¥142 million.」
Cash flow from operating activities was ¥2,110 million, up 236.8% from ¥626 million in the year-earlier period. - FY2024Deterioration in financial indicatorsAnnual report
「Cash provided by operating activities was ¥561 million, down 67.9% from the previous consolidated fiscal year. … Interest-bearing debt dependence (%) 21.2 22.0」
Operating cash flow decreased 67.9% year on year, while interest-bearing debt dependence increased from 21.2% to 22.0%. The Group continues to pursue inventory reduction, faster collection of receivables, and improved yield as measures to strengthen its financial position. - FY2024-Q2AdvancedAnnual report
「Cash provided by operating activities was ¥626 million, compared with ¥393 million used in the year-earlier period. The main factors increasing cash flow were quarterly net income before income taxes and other adjustments of ¥999 million and a decrease in trade receivables of ¥888 million. The main factors reducing cash flow were a decrease in trade payables of ¥835 million and a decrease in advances received of ¥289 million.」
Cash flow from operating activities was ¥626 million provided, shifting from ¥393 million used in the year-earlier period. - FY2023AdvancedAnnual report
「Cash provided by operating activities was ¥1,747 million, up 4.3% from the previous consolidated fiscal year. The main factors increasing cash flow were net income before income taxes and other adjustments of ¥2,018 million, depreciation and amortization of ¥553 million, and an increase in trade payables of ¥636 million. The main factors reducing cash flow were an increase in trade receivables of ¥983 million and an increase in inventories of ¥661 million.」
Operating cash flow was ¥1,747.57 million, up 4.3% year on year. In addition, interest-bearing debt dependence declined from 29.4% to 21.2%, indicating progress in improving the financial base. - FY2023-Q2Operating cash flow results updatedAnnual report
「Cash used in operating activities was ¥393 million, compared with ¥875 million provided in the year-earlier period. The main factors increasing cash flow were quarterly net income before income taxes and other adjustments of ¥480 million and an increase in advances received of ¥267 million. The main factor reducing cash flow was an increase in inventories of ¥1,162 million.」
Cash flow from operating activities shifted from ¥875 million provided in the year-earlier period to ¥393 million used, indicating a deterioration in the record of generating operating funds from the perspective of strengthening the financial position. - FY2022AdvancedAnnual report
「The Group will continue working to reduce inventories through improved operating efficiency, accelerate the collection of receivables, and achieve shorter lead times and lower costs by improving yield. … Interest-bearing debt dependence (%) 40.4 29.4」
While continuing to address inventory reduction, faster collection of receivables, and improved yield, interest-bearing debt dependence declined from 40.4% in the previous fiscal year to 29.4%. Cash flow from operating activities was ¥1,675.19 million. - FY2022-Q2Operating cash flow results updatedAnnual report
「Cash provided by operating activities was ¥875 million, down 30.1% year on year. The main factors increasing cash flow were quarterly net income before income taxes and other adjustments of ¥994 million, depreciation and amortization of ¥250 million, and an increase in trade payables of ¥170 million. The main factor reducing cash flow was an increase in trade receivables of ¥520 million.」
Cash flow from operating activities was ¥875 million, but decreased 30.1% year on year. - FY2021-Q2AdvancedAnnual report
「Cash provided by operating activities was ¥1,252 million, up 163.2% year on year. The main factors increasing cash flow were quarterly net income before income taxes and other adjustments of ¥276 million, depreciation and amortization of ¥217 million, an increase in advances received of ¥723 million, and a decrease in trade receivables of ¥382 million. The main factor reducing cash flow was a decrease in trade payables of ¥404 million.」
Cash flow from operating activities was ¥1,252 million in the cumulative second quarter, up 163.2% year on year. - FY2020RestatedAnnual report
「The Group believes that stabilizing its financial base is important for achieving agile management and will continue to work to improve consolidated cash flow.」
The Group continues to treat a stable financial base and improved consolidated cash flow as management priorities. - FY2017First statedAnnual report
「As a medium-term management strategy, the Group has set out the goal of strengthening its financial position and will build a foundation for prevailing in global competition. It believes that stabilizing its financial base is important for achieving agile management and will continue to work to improve consolidated cash flow.」
The Group has positioned a stable financial base and improved consolidated cash flow as pillars of its medium-term management strategy.