Deterioration in operating cash flow due to increases in trade receivables and costs on uncompleted construction contracts
First written in FY2017-Q2. 1 of 33 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2022: 38 of 140 companies on the "Worse" side.
70 other companies' latest entry also says "Other".
- FY2026Significant improvement in operating cash flowAnnual report
「Net cash provided by operating activities was ¥14,388 million, an increase of ¥14,496 million from the previous consolidated fiscal year.」
Operating cash flow shifted from an outflow of ¥107 million in the previous fiscal year to an inflow of ¥14,388 million in the current fiscal year. Trade receivables also shifted from a ¥12,945 million increase to a ¥1,173 million decrease. - 2026-05-13MitigatedRevision of earnings forecasts
「Net cash provided by operating activities was ¥14,388 million, an increase of ¥14,496 million from the previous consolidated fiscal year.」
Net cash provided by operating activities improved from an outflow of ¥107 million in the previous fiscal year to an inflow of ¥14,388 million, reversing the deterioration in operating cash flow. - FY2026-H1Return to negative operating cash flow and increase in trade receivablesAnnual report
「Cash flows from operating activities amounted to an outflow of ¥2,491 million, compared with an inflow of ¥346 million in the same period of the previous year. The main inflow was interim profit before income taxes of ¥8,136 million, while the main outflows were a ¥7,593 million increase in trade receivables, ¥2,237 million in income taxes paid and an ¥829 million decrease in accrued consumption taxes and other liabilities.」
Operating cash flow shifted from an inflow of ¥346 million in the same period of the previous year to an outflow of ¥2,491 million. Trade receivables increased by ¥7,593 million, placing pressure from working capital requirements on operating cash flow. - FY2025Return to negative operating cash flow and decrease in cash balanceAnnual report
「Cash flows from operating activities amounted to negative ¥107 million, a decrease of ¥3,673 million from the previous fiscal year. Cash and cash equivalents decreased by ¥8,870 million from the end of the previous fiscal year to ¥3,575 million at period-end.」
Operating cash flow shifted from an inflow of ¥3,565 million in the previous fiscal year to an outflow of ¥107 million. Cash and cash equivalents decreased to ¥3,575 million, mainly due to a ¥12,945 million increase in trade receivables. - FY2025-H1Return to positive operating cash flow and increase in cash balanceAnnual report
「Cash flows from operating activities amounted to an inflow of ¥346 million, compared with an outflow of ¥6,630 million in the same period of the previous year. Cash and cash equivalents increased by ¥942 million year on year to ¥6,827 million.」
Operating cash flow shifted from an outflow of ¥6,630 million in the same period of the previous year to an inflow of ¥346 million, and cash and cash equivalents also increased year on year. Compared with the end of the previous fiscal year, however, cash and deposits decreased. - FY2024Decrease in operating cash flow and decrease in cashAnnual report
「Cash flows from operating activities amounted to ¥3,565 million, a decrease of ¥6,504 million from the previous fiscal year. Cash and cash equivalents decreased by ¥5,312 million, or 29.9%, from the end of the previous fiscal year to ¥12,446 million at period-end.」
Operating cash flow decreased from ¥10,069 million in the previous fiscal year to ¥3,565 million, and cash and cash equivalents also decreased to ¥12,446 million. - FY2024-Q3Decrease in receivables and decrease in cashAnnual report
「Total assets at the end of the third quarter stood at ¥110,531 million, a decrease of ¥3,636 million from the end of the previous fiscal year. This was mainly due to a ¥3,922 million decrease in notes receivable, accrued contract revenue and contract assets, among other factors.」
At the end of the third quarter, notes receivable, accrued contract revenue and contract assets decreased by ¥3,922 million from the end of the previous fiscal year, while cash and deposits also decreased from ¥17,802 million to ¥15,981 million. - FY2024-Q2Operating cash flow deficit and decrease in cashAnnual report
「Cash flows from operating activities amounted to an outflow of ¥6,630 million, compared with an inflow of ¥2,296 million in the same period of the previous year. Cash and cash equivalents decreased by ¥5,683 million year on year to ¥5,885 million.」
Operating cash flow shifted from an inflow of ¥2,296 million in the same period of the previous year to an outflow of ¥6,630 million, while cash and cash equivalents also decreased by ¥5,683 million year on year. - FY2024-Q1Decrease in receivables and contract assets, and decrease in cashAnnual report
「Total assets at the end of the first quarter stood at ¥102,077 million, a decrease of ¥12,090 million from the end of the previous fiscal year. This was mainly due to a ¥12,139 million decrease in notes receivable, accrued contract revenue and contract assets, among other factors.」
At the end of the first quarter, notes receivable, accrued contract revenue and contract assets decreased by ¥12,139 million, while cash and deposits also decreased from ¥17,802 million to ¥15,683 million. The asset mix has shifted from the previous period of increasing trade receivables. - FY2023-Q3Increase in receivables and contract assets, and decrease in cashAnnual report
「Total assets at the end of the third quarter stood at ¥109,128 million, an increase of ¥8,347 million from the end of the previous fiscal year. This was mainly due to a ¥7,897 million increase in notes receivable, accrued contract revenue and contract assets, among other factors.」
At the end of the third quarter, notes receivable, accrued contract revenue and contract assets increased by ¥7,897 million, while cash and deposits decreased from ¥12,875 million at the end of the previous fiscal year to ¥11,959 million. - FY2023-Q2Return to positive operating cash flow and increase in trade receivablesAnnual report
「Cash flows from operating activities amounted to an inflow of ¥2,296 million, compared with an outflow of ¥3,094 million in the same period of the previous year. The main inflows were profit before income taxes of ¥5,885 million and a ¥1,909 million increase in accounts payable, while the main outflows were a ¥2,258 million increase in trade receivables and ¥2,624 million in income taxes paid.」
Operating cash flow shifted from an outflow of ¥3,094 million in the same period of the previous year to an inflow of ¥2,296 million. Trade receivables increased by ¥2,258 million, while cash and cash equivalents decreased by ¥1,266 million from the beginning of the period. - FY2023-Q1Decrease in trade receivables and other items, and decrease in cashAnnual report
「This was mainly due to a ¥4,313 million decrease in notes receivable, accrued contract revenue and contract assets, among other factors.」
At the end of the first quarter, notes receivable, accrued contract revenue and contract assets decreased by ¥4,313 million, while cash and deposits also decreased from ¥12,875 million at the end of the previous fiscal year to ¥12,473 million. - FY2022Expansion of positive operating cash flow and change in working capital compositionAnnual report
「Cash flows from operating activities amounted to a positive ¥11,157 million, an increase of ¥2,565 million from the previous fiscal year. This was mainly due to increases of ¥6,152 million in cash and deposits and ¥3,078 million in notes receivable, accrued contract revenue and contract assets, despite a ¥6,156 million decrease in costs on uncompleted construction contracts, among other factors.」
Operating cash flow increased from ¥8,591 million in the previous fiscal year to ¥11,157 million, and cash and cash equivalents also increased to ¥12,835 million. Meanwhile, trade receivables, including contract assets, increased. - FY2022-Q3Increase in trade receivables and contract assets, and decrease in costs on uncompleted construction contractsAnnual report
「This was mainly due to increases of ¥3,304 million in cash and deposits and ¥9,613 million in notes receivable, accrued contract revenue and contract assets, despite a ¥4,318 million decrease in costs on uncompleted construction contracts, among other factors.」
At the end of the third quarter, costs on uncompleted construction contracts decreased by ¥4,318 million, while notes receivable, accrued contract revenue and contract assets increased by ¥9,613 million. Cash and deposits increased by ¥3,304 million. - FY2022-Q2Increase in trade receivables, including contract assets, and narrowing operating cash flow deficitAnnual report
「This was mainly due to increases of ¥10,839 million in notes receivable, accrued contract revenue and contract assets, despite decreases of ¥5,410 million in costs on uncompleted construction contracts and ¥1,097 million in cash and deposits, among other factors. Cash flows from operating activities amounted to an outflow of ¥3,094 million, compared with an outflow of ¥6,141 million in the same period of the previous year. The main inflow was profit before income taxes of ¥5,764 million, while the main outflows were a ¥5,304 million increase in trade receivables, a ¥1,904 million decrease in accounts payable and a ¥1,281 million decrease in accrued consumption taxes and other liabilities.」
Trade receivables, including contract assets, increased by ¥10,839 million, while the operating cash flow deficit narrowed from an outflow of ¥6,141 million in the same period of the previous year to an outflow of ¥3,094 million. - FY2022-Q1Increase in trade receivables, including contract assets, and increase in short-term borrowingsAnnual report
「This was mainly due to a ¥5,705 million increase in notes receivable, accrued contract revenue and contract assets, while costs on uncompleted construction contracts decreased by ¥4,576 million, among other factors.」
At the end of the first quarter, notes receivable, accrued contract revenue and contract assets increased by ¥5,705 million, while costs on uncompleted construction contracts decreased by ¥4,576 million. Cash and deposits decreased by ¥64 million, and short-term borrowings increased by ¥5,300 million. - FY2021Return to positive operating cash flow and decrease in borrowingsAnnual report
「Cash flows from operating activities increased by ¥8,591 million, an increase of ¥14,975 million from the previous fiscal year. Cash flows from financing activities decreased by ¥7,170 million, with the main outflows comprising a net decrease of ¥4,231 million in short-term borrowings and ¥2,871 million in dividends paid.」
Operating cash flow shifted from a deficit in the previous fiscal year to an inflow of ¥8,591 million, with the decrease in costs on uncompleted construction contracts and other factors contributing to cash inflows. Short-term borrowings also decreased by ¥4,231 million on a net basis. - FY2021-Q3Increase in trade receivables and costs on uncompleted construction contracts, and increase in cashAnnual report
「Total assets at the end of the third quarter stood at ¥123,997 million, an increase of ¥24,649 million from the end of the previous fiscal year. This was mainly due to increases of ¥5,576 million in cash and deposits, ¥10,889 million in notes receivable and accrued contract revenue, and ¥9,134 million in costs on uncompleted construction contracts, among other factors.」
At the end of the third quarter, cash and deposits had increased, while notes receivable and accrued contract revenue and costs on uncompleted construction contracts had also increased significantly from the end of the previous fiscal year. No quarterly consolidated statement of cash flows was prepared for the third quarter. - FY2021-Q2Widening operating cash flow deficit and increase in costs on uncompleted construction contractsAnnual report
「Cash flows from operating activities amounted to an outflow of ¥6,141 million, compared with an outflow of ¥3,202 million in the same period of the previous year. The main inflows were profit before income taxes of ¥4,970 million and a ¥3,971 million decrease in trade receivables, while the main outflows were a ¥9,495 million increase in costs on uncompleted construction contracts and ¥2,450 million in income taxes paid.」
The operating cash flow outflow increased from the same period of the previous year. The decrease in trade receivables contributed to cash inflows, while the ¥9,495 million increase in costs on uncompleted construction contracts contributed to working capital requirements. - FY2021-Q1Increase in costs on uncompleted construction contracts and cash, and decrease in trade receivablesAnnual report
「This was mainly due to a ¥13,255 million decrease in notes receivable and accrued contract revenue, while cash and deposits increased by ¥1,525 million and costs on uncompleted construction contracts increased by ¥13,454 million, among other factors.」
At the end of the first quarter, trade receivables decreased, while costs on uncompleted construction contracts increased by ¥13,454 million. Cash and deposits increased by ¥1,525 million, indicating a change in the asset mix different from the previous period of deteriorating operating cash flow. - FY2020Full-year operating cash flow deficit and working capital requirementsAnnual report
「Cash flows from operating activities amounted to an outflow of ¥6,384.779 million, compared with an inflow of ¥9,842.906 million in the same period of the previous year. Notes receivable and accrued contract revenue increased by ¥15,398.203 million, and costs on uncompleted construction contracts increased by ¥6,099.630 million. Cash and cash equivalents decreased by ¥10,453.248 million from the end of the previous fiscal year to ¥6,368.467 million at period-end.」
Full-year operating cash flow shifted from an inflow in the previous year to an outflow of ¥6,384.779 million, while trade receivables and costs on uncompleted construction contracts increased and cash balances decreased. - FY2020-Q3Significant increases in trade receivables and costs on uncompleted construction contractsAnnual report
「Total assets at the end of the third quarter stood at ¥116,335.479 million, an increase of ¥36,179.698 million from the end of the previous fiscal year. This was mainly due to increases of ¥11,079.040 million in notes receivable and accrued contract revenue and ¥22,009.203 million in costs on uncompleted construction contracts, despite a ¥6,566.715 million decrease in cash and deposits, among other factors.」
At the end of the third quarter, trade receivables increased by approximately ¥11.1 billion and costs on uncompleted construction contracts increased by approximately ¥22.0 billion, while cash and deposits decreased by approximately ¥6.6 billion. No quarterly consolidated statement of cash flows was prepared for the third quarter. - FY2020-Q2Operating cash flow deficit and increase in costs on uncompleted construction contractsAnnual report
「Cash flows from operating activities amounted to an outflow of ¥3,202.132 million, compared with an inflow of ¥1,198.481 million in the same period of the previous year. The main inflow was profit before income taxes of ¥9,849.811 million, while the main outflows were a gain on the creation of negative goodwill of ¥5,531.316 million and a ¥6,585.878 million increase in costs on uncompleted construction contracts.」
Operating cash flow shifted from a positive ¥1,198.481 million in the same period of the previous year to an outflow of ¥3,202.132 million. Costs on uncompleted construction contracts increased by ¥6,585.878 million, and cash and deposits also decreased by ¥11,348.629 million from the end of the previous fiscal year. - FY2020-Q1Increase in costs on uncompleted construction contracts and decreases in cash and trade receivablesAnnual report
「Total assets at the end of the first quarter stood at ¥78,496.305 million, a decrease of ¥1,659.475 million from the end of the previous fiscal year. This was mainly due to increases of ¥6,207.608 million in costs on uncompleted construction contracts and ¥7,001.910 million in short-term loans receivable, while cash and deposits decreased by ¥9,324.271 million and notes receivable and accrued contract revenue decreased by ¥5,982.847 million, among other factors.」
At the end of the first quarter, costs on uncompleted construction contracts increased by approximately ¥6.2 billion, while cash and deposits decreased by approximately ¥9.3 billion and notes receivable and accrued contract revenue decreased by approximately ¥6.0 billion. No quarterly consolidated statement of cash flows was prepared for the first quarter. - FY2019-Q3Increase in trade receivables and costs on uncompleted construction contracts, and decrease in cashAnnual report
「Total assets at the end of the third quarter stood at ¥83,422.195 million, an increase of ¥9,944.545 million from the end of the previous fiscal year. This was mainly due to increases of ¥6,504.303 million in notes receivable and accrued contract revenue and ¥4,510.050 million in costs on uncompleted construction contracts, while investment securities decreased by ¥1,096.613 million, among other factors.」
At the end of the third quarter, trade receivables and costs on uncompleted construction contracts had increased from the end of the previous fiscal year. Cash and deposits also decreased from ¥9,585.077 million to ¥9,122.011 million, indicating a continuing shift in the asset mix reflecting working capital requirements. - FY2019-Q2Operating cash flow remained positive, despite an increase in costs on uncompleted construction contracts and a decrease in cashAnnual report
「Cash flows from operating activities amounted to an inflow of ¥1,198.481 million, compared with an inflow of ¥2,526.329 million in the same period of the previous year. The main outflow was a ¥5,979.391 million increase in costs on uncompleted construction contracts, while the main inflows were profit before income taxes of ¥3,708.132 million and a ¥4,276.334 million increase in accounts payable. Consolidated cash and cash equivalents for the cumulative second quarter decreased by ¥766.558 million from the end of the previous fiscal year to ¥8,689.906 million.」
Operating cash flow remained positive, but the inflow decreased from the same period of the previous year. Costs on uncompleted construction contracts increased by approximately ¥5.98 billion, and cash and cash equivalents decreased to ¥8,689.906 million at the end of the period. - FY2019-Q1Increase in costs on uncompleted construction contracts and decreases in trade receivables and cashAnnual report
「Total assets at the end of the first quarter stood at ¥73,675.643 million, an increase of ¥197.993 million from the end of the previous fiscal year. This was mainly due to an ¥8,887.013 million increase in costs on uncompleted construction contracts, while notes receivable and accrued contract revenue decreased by ¥7,553.595 million and cash and deposits decreased by ¥1,555.244 million, among other factors.」
Compared with the end of the previous fiscal year, trade receivables and cash and deposits decreased, while costs on uncompleted construction contracts increased. No quarterly consolidated statement of cash flows was prepared for the first quarter. - FY2018-Q3Decrease in cash and increase in costs on uncompleted construction contractsAnnual report
「Total assets at the end of the third quarter stood at ¥73,429.230 million, a decrease of ¥3,673.755 million from the end of the previous fiscal year. This was mainly due to a ¥4,067.917 million increase in costs on uncompleted construction contracts, while cash and deposits decreased by ¥7,011.621 million, among other factors.」
At the end of the third quarter, costs on uncompleted construction contracts had increased, while cash and deposits had decreased by more than ¥7.0 billion from the end of the previous fiscal year. No quarterly consolidated statement of cash flows was prepared for the cumulative third quarter. - FY2018-Q2Operating cash flow turns positive as trade receivables decreaseAnnual report
「Cash flows from operating activities amounted to an inflow of ¥2,526,329 thousand, compared with an outflow of ¥5,328,771 thousand in the same period of the previous year. The main uses of cash were an increase of ¥2,363,515 thousand in costs on uncompleted construction contracts and income taxes paid of ¥1,444,396 thousand, while the main sources of cash were income before income taxes of ¥3,697,071 thousand and a decrease of ¥3,770,004 thousand in trade receivables.」
Cash flows from operating activities turned from an outflow in the same period of the previous year to an inflow of more than ¥2.5 billion in the cumulative first six months of the current fiscal year. The decrease in trade receivables was the main source of cash, while the increase in costs on uncompleted construction contracts was a use of cash. - FY2018-Q1Decrease in trade receivables and increase in costs on uncompleted construction contractsAnnual report
「This was mainly due to an increase of ¥7,546,346 thousand in costs on uncompleted construction contracts, while notes receivable and accounts receivable for completed construction contracts decreased by ¥13,521,633 thousand.」
Compared with the end of the previous consolidated fiscal year, trade receivables decreased, while costs on uncompleted construction contracts increased. No quarterly consolidated cash flow statement was prepared for the first quarter. - FY2017Full-year operating cash flow turns negative, reducing cashAnnual report
「Cash flows from operating activities amounted to an outflow of ¥7,141,022 thousand, compared with an inflow of ¥1,548,346 thousand in the same period of the previous year. The main source of cash was income before income taxes of ¥7,521,290 thousand, while the main use of cash was an increase in trade receivables of ¥14,643,226 thousand.」
An increase in trade receivables caused full-year operating cash flow to be an outflow of ¥7.1 billion, while cash and cash equivalents also decreased to ¥10.5 billion at the end of the fiscal year. - FY2017-Q3RestatedAnnual report
「Total assets at the end of the third quarter of the consolidated fiscal period amounted to ¥79,957,676 thousand, an increase of ¥7,638,114 thousand from the end of the previous consolidated fiscal year. This was mainly due to increases of ¥11,116,928 thousand in notes receivable and accounts receivable for completed construction contracts and ¥7,985,259 thousand in costs on uncompleted construction contracts, despite decreases of ¥9,044,710 thousand in cash and deposits and ¥2,999,880 thousand in securities.」
At the end of the third quarter, increases in trade receivables and costs on uncompleted construction contracts and a decrease in cash and deposits were also confirmed. However, no cash flow statement was prepared for the cumulative period of the current quarter, and the amount of operating cash flow was not provided. - FY2017-Q2First statedAnnual report
「Cash flows from operating activities amounted to an outflow of ¥5,328,771 thousand, compared with an outflow of ¥1,055,797 thousand in the same period of the previous year. The main sources of cash were income before income taxes of ¥3,340,118 thousand and an increase in trade payables of ¥2,897,401 thousand, while the main uses of cash were an increase in trade receivables of ¥5,982,285 thousand and an increase in costs on uncompleted construction contracts of ¥5,135,007 thousand.」
Increases in trade receivables and costs on uncompleted construction contracts weighed on cash flows from operating activities, and cash and cash equivalents at the end of the second quarter had decreased by ¥7,105,570 thousand from the beginning of the fiscal year.