Negative Operating Cash Flow Due to an Increase in Inventories
First written in FY2019-Q2. 8 of 16 entries say "Mitigated", first in FY2020-Q2. Latest entry: FY2026.
The whole theme swung hardest in 2022: 5 of 26 companies on the "Worse" side.
17 other companies' latest entry also says "Other".
- FY2026Improvement in operating cash flow and increase in inventoriesAnnual report
「Cash provided by operating activities was ¥314 million. This mainly reflected increases from profit before income taxes of ¥94 million and depreciation and amortization of ¥300 million, offset by decreases from a ¥138 million increase in inventories, a ¥35 million decrease in discounted notes receivable and ¥28 million in interest paid.」
Operating cash flow improved from ¥104 million in the previous fiscal year to ¥314 million, while inventories increased by ¥138 million and the cash burden from inventory continued. - 2026-05-13OtherEarnings
「This was mainly due to increases from pretax net income of ¥94 million and depreciation of ¥300 million, which were partly offset by increases in inventories of ¥138 million, a decrease in bills discounted of ¥35 million and interest payments of ¥28 million.」
Operating cash flow increased to ¥314 million, while the ¥138 million increase in inventories was identified as a factor reducing cash. - FY2026-H1Increase in operating cash flow and increase in inventoriesAnnual report
「Cash provided by operating activities was ¥138 million, compared with an increase of ¥90 million in the previous interim accounting period. This mainly reflected increases from interim profit before income taxes of ¥35 million, depreciation and amortization of ¥151 million and a ¥202 million decrease in trade receivables, offset by a decrease from a ¥238 million increase in inventories.」
Operating cash flow increased from ¥90 million in the same period of the previous year to ¥138 million, while inventories increased by ¥238 million, again indicating the cash burden from higher inventory. - FY2025Continued narrowing of operating cash flow inflowAnnual report
「Cash provided by operating activities was ¥104 million. This mainly reflected an increase from depreciation and amortization of ¥290 million, offset by decreases from a loss before income taxes of ¥47 million, a ¥48 million increase in trade receivables, a ¥40 million decrease in discounted notes receivable and ¥41 million in income taxes paid.」
Operating cash flow narrowed from ¥435 million in the previous fiscal year to ¥104 million. The loss before income taxes and the increase in trade receivables were among the factors reducing cash. - FY2025-H1Slight increase in operating cash flow inflow and increase in inventoriesAnnual report
「Cash provided by operating activities was ¥90 million, compared with an increase of ¥71 million in the previous interim accounting period. This mainly reflected increases from depreciation and amortization of ¥138 million and a ¥103 million decrease in trade receivables, offset by decreases from an interim loss before income taxes of ¥105 million and an ¥89 million increase in inventories.」
Cash from operating activities increased from ¥71 million in the same period of the previous year to ¥90 million, while inventories increased by ¥89 million and the interim loss before income taxes of ¥105 million was also a factor reducing cash. - FY2024Narrowing operating cash flow inflowAnnual report
「Cash provided by operating activities was ¥435 million. This mainly reflected increases from profit before income taxes of ¥209 million, depreciation and amortization of ¥230 million and a ¥109 million increase in discounted notes receivable, offset by a decrease from a ¥140 million increase in trade receivables.」
Operating cash flow narrowed from ¥825 million in the previous fiscal year to ¥435 million. Inventories decreased by ¥20 million, while the increase in trade receivables was a factor reducing cash. - FY2024-Q2Narrowing operating cash flow inflow and increase in inventoriesAnnual report
「Cash provided by operating activities was ¥71 million, compared with an increase of ¥509 million in the cumulative six-month period of the previous fiscal year. This mainly reflected increases from quarterly profit before income taxes of ¥111 million, depreciation and amortization of ¥110 million and a ¥193 million decrease in trade receivables, offset by a decrease from a ¥314 million increase in inventories.」
Operating cash flow narrowed from an inflow of ¥509 million in the same period of the previous year to ¥71 million, while inventories changed from a decrease of ¥82 million to an increase of ¥314 million. - FY2023MitigatedAnnual report
「Cash provided by operating activities was ¥825 million. This mainly reflected increases from profit before income taxes of ¥259 million, depreciation and amortization of ¥211 million, a ¥75 million decrease in inventories and a ¥351 million increase in discounted notes receivable, offset by a decrease from a ¥209 million increase in trade receivables.」
Operating cash flow increased from ¥534 million in the previous fiscal year to ¥825 million, while inventories decreased by ¥75 million. - FY2023-Q2MitigatedAnnual report
「Cash provided by operating activities was ¥509 million, compared with an increase of ¥408 million in the cumulative six-month period of the previous fiscal year. This mainly reflected increases from quarterly profit before income taxes of ¥82 million, depreciation and amortization of ¥100 million, an ¥82 million decrease in inventories and a ¥308 million increase in discounted notes receivable and other items, offset by a decrease from a ¥177 million increase in trade receivables.」
Operating cash flow increased from ¥408 million in the same period of the previous year to ¥509 million, while inventories decreased by ¥82 million. - FY2022MitigatedAnnual report
「Cash provided by operating activities was ¥534 million. This mainly reflected increases from profit before income taxes of ¥53 million, depreciation and amortization of ¥190 million, a ¥227 million decrease in inventories, a ¥197 million increase in trade payables and ¥76 million in grants received, offset by decreases from a ¥122 million increase in trade receivables and ¥41 million in leave allowances paid.」
Operating cash flow increased from an inflow of ¥373 million to ¥534 million, while inventories decreased by ¥227 million. - FY2022-Q2MitigatedAnnual report
「Cash provided by operating activities was ¥408 million, compared with an increase of ¥197 million in the cumulative six-month period of the previous fiscal year. This mainly reflected increases from a ¥233 million decrease in inventories, a ¥115 million increase in trade payables and ¥76 million in grants received, offset by a decrease from a ¥60 million increase in trade receivables.」
Operating cash flow increased from ¥197 million in the same period of the previous year to ¥408 million, while inventories decreased by ¥233 million. - FY2021MitigatedAnnual report
「Cash provided by operating activities was ¥373 million. This mainly reflected increases from profit before income taxes of ¥80 million, a ¥610 million decrease in inventories and ¥106 million in grants received, offset by decreases from a ¥320 million decrease in discounted notes receivable and ¥138 million in leave allowances paid.」
Operating cash flow changed from an outflow of ¥68 million in the previous fiscal year to an inflow of ¥373 million, while inventories decreased by ¥610 million. - FY2021-Q2MitigatedAnnual report
「Cash provided by operating activities was ¥197 million, compared with a decrease of ¥228 million in the cumulative six-month period of the previous fiscal year. This mainly reflected increases from an ¥83 million decrease in trade receivables, a ¥304 million decrease in inventories and ¥57 million in grants received, offset by decreases from a ¥91 million decrease in trade payables, a ¥97 million decrease in discounted notes receivable and ¥58 million in leave allowances paid.」
Operating cash flow changed from an outflow of ¥228 million in the same period of the previous year to an inflow of ¥197 million, while inventories decreased by ¥304 million. - FY2020MitigatedAnnual report
「Cash used in operating activities was ¥68 million.」
Operating cash flow outflow narrowed from ¥292 million in the previous fiscal year to ¥68 million, and inventories changed from an increase to a decrease, but cash outflow from operating activities continued. - FY2020-Q2MitigatedAnnual report
「Cash used in operating activities was ¥228 million, compared with a decrease of ¥321 million in the cumulative six-month period of the previous fiscal year. This mainly reflected an increase from a ¥303 million decrease in trade receivables, offset by decreases from a ¥221 million increase in inventories, a ¥154 million decrease in trade payables and a ¥91 million decrease in discounted notes receivable.」
Cash outflow from operating activities narrowed from ¥321 million in the same period of the previous year to ¥228 million, and the increase in inventories also declined from ¥602 million to ¥221 million, but operating cash flow remained negative. - FY2019-Q2First statedAnnual report
「Cash used in operating activities was ¥321 million, compared with an increase of ¥11 million in the cumulative six-month period of the previous fiscal year. This mainly reflected increases from a ¥263 million decrease in trade receivables and a ¥248 million decrease in claims related to bankruptcy and reorganization, offset by decreases from a ¥236 million decrease in the allowance for doubtful accounts and a ¥602 million increase in inventories.」
Operating cash flow was a use of ¥321 million, mainly due to a ¥602 million increase in inventories.