Securing operating cash flow through a reduction in trade receivables
First written in FY2020-Q2. 7 of 19 entries say "Worsened", first in FY2021-Q2. Latest entry: 2026-11-10.
Japan Cash Machine moved to the "Worse" side of this theme in 2025, 3 years after the typical company in this theme (2022).
The whole theme swung hardest in 2022: 5 of 27 companies on the "Worse" side.
0 other companies' latest entry also says "Reframed".
- FY2026Securing operating cash flow through a reduction in inventoriesAnnual report
「Cash provided by operating activities was ¥5,876 million, compared with an inflow of ¥7,637 million in the previous fiscal year. This mainly reflected increases in cash from net income before income taxes and other adjustments of ¥6,804 million and a ¥4,276 million decrease in inventories, offset by decreases in cash from gains on the sale and disposal of property, plant and equipment of ¥3,256 million.」
Although operating cash flow declined from the previous year, the company secured an inflow of ¥5,876 million, supported mainly by the ¥4,276 million reduction in inventories and other factors. - 2026-05-13ReframedRevision to earnings forecast
「営業活動の結果、得られた資金は5,876百万円（前連結会計年度は7,637百万円の収入）となりました。これは主に税金等調整前当期純利益6,804百万円、棚卸資産の減少4,276百万円などにより資金が増加した一方、有形固定資産除売却損益3,256百万円、仕入債務の減少915百万円、法人税等の支払額909百万円などにより資金が減少したことによるものであります。」
営業キャッシュ・フローは収入を維持しているが、資金増加要因の中心が売上債権の減少から棚卸資産の減少や税金等調整前当期純利益へ移っている。 - FY2026-H1ReframedAnnual report
「Cash provided by operating activities was ¥2,962 million, compared with an inflow of ¥3,561 million in the same period of the previous year. This mainly reflected increases in cash from interim net income before income taxes and other adjustments of ¥4,307 million and a ¥1,896 million decrease in inventories, offset by decreases in cash from gains or losses on the sale and disposal of property, plant and equipment of ¥3,276 million.」
Although operating cash flow declined year on year, the company continued to secure a cash inflow. The main sources of increased cash shifted from the previous focus on reductions in trade receivables to the ¥1,896 million reduction in inventories and interim net income. - FY2025-H1AdvancedAnnual report
「Cash provided by operating activities was ¥3,561 million, compared with an outflow of ¥2,681 million in the same period of the previous year. This mainly reflected increases in cash from interim net income before income taxes and other adjustments of ¥3,103 million and a ¥1,842 million decrease in inventories, offset by decreases in cash from a ¥1,325 million increase in trade receivables and a ¥882 million decrease in trade payables.」
Operating cash flow shifted from an outflow of ¥2,681 million in the same period of the previous year to an inflow of ¥3,561 million, with the reduction in inventories and other factors increasing cash. - FY2024-Q3WorsenedAnnual report
「Cash used in operating activities was ¥4,297 million, compared with an outflow of ¥319 million in the same quarter of the previous year. This mainly reflected increases in cash from quarterly net income before income taxes and other adjustments of ¥2,361 million and a ¥499 million increase in trade payables, offset by decreases in cash from a ¥1,301 million increase in trade receivables, a ¥6,062 million increase in inventories and income tax payments of ¥486 million.」
Operating cash flow deteriorated from an outflow of ¥319 million in the same period of the previous year to an outflow of ¥4,297 million, with the ¥6,062 million increase in inventories among the factors reducing cash. - FY2024-Q2WorsenedAnnual report
「Cash used in operating activities was ¥2,681 million, compared with an inflow of ¥456 million in the same quarter of the previous year. This mainly reflected increases in cash from quarterly net income before income taxes and other adjustments of ¥1,756 million, offset by decreases in cash from a ¥3,582 million increase in inventories and a ¥601 million decrease in trade payables.」
Operating cash flow deteriorated from an inflow of ¥456 million in the same period of the previous year to an outflow of ¥2,681 million, mainly because inventories increased by ¥3,582 million. - FY2024-Q1WorsenedAnnual report
「Cash used in operating activities was ¥1,326 million, compared with an inflow of ¥458 million in the same quarter of the previous year. This mainly reflected increases in cash from quarterly net income before income taxes and other adjustments of ¥877 million, offset by decreases in cash from a ¥1,419 million increase in inventories and income tax payments of ¥208 million.」
Inventories increased by ¥1,419 million, and operating cash flow deteriorated from an inflow of ¥458 million in the same quarter of the previous year to an outflow of ¥1,326 million. - FY2023WorsenedAnnual report
「Cash used in operating activities was ¥799 million, compared with an inflow of ¥1,333 million in the previous fiscal year.」
Operating cash flow deteriorated from an inflow of ¥1,333 million in the previous year to an outflow of ¥799 million, owing mainly to increases in trade receivables and inventories. - FY2023-Q3WorsenedAnnual report
「Cash used in operating activities was ¥319 million, compared with cash provided of ¥739 million in the same quarter of the previous year. This mainly reflected increases in cash from quarterly net income before income taxes and other adjustments of ¥1,531 million, offset by decreases in cash from increases of ¥377 million in trade receivables, ¥621 million in inventories and ¥163 million in trade payables, as well as income tax payments of ¥177 million.」
Operating cash flow deteriorated from an inflow of ¥739 million in the same period of the previous year to an outflow of ¥319 million, owing mainly to increases in trade receivables and inventories. - FY2023-Q1AdvancedAnnual report
「Cash provided by operating activities was ¥458 million, compared with an outflow of ¥29 million in the same quarter of the previous year. This mainly reflected increases in cash from quarterly net income before income taxes and other adjustments of ¥1,145 million, offset by decreases in cash from changes in trade receivables of ¥480 million and other factors.」
Operating cash flow shifted from an outflow of ¥29 million in the same period of the previous year to an inflow of ¥458 million. - FY2022-Q3AdvancedAnnual report
「Cash provided by operating activities was ¥739 million, compared with an outflow of ¥1,541 million in the same quarter of the previous year.」
Operating cash flow shifted from an outflow of ¥1,541 million in the same period of the previous year to an inflow of ¥739 million. - FY2022-Q2AdvancedAnnual report
「Cash provided by operating activities was ¥450 million, compared with an outflow of ¥413 million in the same quarter of the previous year. This mainly reflected decreases in cash from a ¥507 million increase in trade receivables and payments of ¥468 million related to the early retirement program, offset by increases in cash from quarterly net income before income taxes and other adjustments of ¥324 million, a ¥775 million decrease in inventories and a ¥673 million increase in trade payables.」
Operating cash flow shifted from an outflow of ¥413 million in the same period of the previous year to an inflow of ¥450 million. Reductions in inventories and increases in trade payables increased cash, while payments related to the early retirement program were also recorded. - FY2022-Q1Reduction in the operating cash flow deficit offset by severance payments under the early retirement programAnnual report
「Cash used in operating activities was ¥29 million, compared with an outflow of ¥127 million in the same quarter of the previous year. This mainly reflected increases in cash from quarterly net income before income taxes and other adjustments of ¥70 million and changes in trade receivables of ¥358 million, offset by decreases in cash from payments of ¥468 million related to the early retirement program and other factors.」
In addition to increases in cash from the reduction in trade receivables and other factors, cash used in operating activities narrowed from ¥127 million in the same period of the previous year to ¥29 million, but remained negative because of payments related to the early retirement program. - FY2021-Q3WorsenedAnnual report
「Cash used in operating activities was ¥1,541 million, compared with an outflow of ¥358 million in the same quarter of the previous year. This mainly reflected increases in cash, including an impairment loss of ¥5,637 million and a ¥1,345 million decrease in trade receivables, offset by decreases in cash, including a ¥7,217 million quarterly net loss before income taxes and other adjustments and a ¥968 million increase in inventories.」
Operating cash flow deteriorated from an outflow of ¥358 million in the same period of the previous year to an outflow of ¥1,541 million. Although the reduction in trade receivables increased cash, the pretax loss and increase in inventories reduced cash. - FY2021-Q2WorsenedAnnual report
「Cash used in operating activities was ¥413 million, compared with cash provided of ¥283 million in the same quarter of the previous year. This mainly reflected increases in cash, including a ¥2,142 million decrease in trade receivables, offset by decreases in cash, including a ¥1,593 million quarterly net loss before income taxes and other adjustments and a ¥1,252 million increase in inventories.」
Despite an increase in cash from the reduction in trade receivables, operating cash flow shifted from cash inflow in the same period of the previous year to an outflow of ¥413 million. - FY2021-Q1RestatedAnnual report
「Although increases in cash, including ¥368 million from changes in trade receivables, were recorded, this was offset by decreases in cash, including the ¥491 million quarterly net loss before income taxes and other adjustments.」
Although the reduction in trade receivables generated ¥368 million in cash, operating activities used ¥127 million, mainly because of the quarterly net loss before income taxes and other adjustments. - FY2020-Q2First statedAnnual report
「Trade receivables decreased by ¥1,166 million, an increase of 256.0% from the same quarter of the previous year, among other factors. As a result, they stood at ¥10,768 million, down ¥579 million from the end of the previous fiscal year.」
The ¥1,166 million decrease in trade receivables was a major source of the ¥283 million increase in cash from operating activities, while cash and cash equivalents decreased by ¥579 million from the beginning of the period.