Increase in Inventories and Operating Cash Flow Outflow
First written in FY2024-Q2. 3 of 8 entries say "Softened", first in FY2024. Latest entry: FY2026.
The whole theme swung hardest in 2017: 2 of 19 companies on the "Worse" side.
18 other companies' latest entry also says "Other".
- FY2026Increase in inventories and growth in operating cash inflowAnnual report
「Cash flow from operating activities increased by ¥10.3 billion from the previous fiscal year, resulting in an inflow of ¥48.8 billion.」
Although inventories were a ¥45.1 billion factor behind the decrease in cash flow from operating activities, cash flow from operating activities increased to an inflow of ¥48.8 billion. - 2026-05-13OtherRevisions to earnings forecasts
「Cash flow from operating activities increased by ¥10.3 billion from the previous fiscal year, resulting in an inflow of ¥48.8 billion.」
棚卸資産は前期末の832億円から889億円へ増加した一方、営業活動によるキャッシュ・フローは収入を維持し、前期より増加しているため、両方向の変化を記録する。 - FY2026-H1Recurrence of inventory growth and continued operating cash inflowAnnual report
「Cash flow from operating activities decreased by ¥1.9 billion from the same period of the previous year, resulting in an inflow of ¥16.9 billion. The main factor behind the increase in cash flow was a ¥5.2 billion decrease in trade and other receivables associated with collections from customers and other factors. Meanwhile, the main factor behind the decrease was a ¥5.3 billion increase in inventories, among other factors.」
Although the increase in inventories was a factor behind the decline in operating cash flow, operating cash flow itself remained an inflow of ¥16.9 billion. - FY2025SoftenedAnnual report
「Cash flow from operating activities increased by ¥35.5 billion from the previous fiscal year, resulting in an inflow of ¥38.5 billion.」
Operating cash flow improved from an inflow of ¥2.9 billion in the previous fiscal year to an inflow of ¥38.5 billion, and inventories also declined. - FY2025-H1SoftenedAnnual report
「Cash flow from operating activities increased by ¥28.1 billion from the same period of the previous year, resulting in an inflow of ¥18.7 billion.」
Operating cash flow improved from an outflow in the same period of the previous year to an inflow of ¥18.7 billion. Inventories also decreased from ¥87.682 billion at the end of the previous fiscal year to ¥86.542 billion, indicating that the previous conditions of increasing inventories and operating cash outflow have eased. - FY2024SoftenedAnnual report
「Cash flow from operating activities decreased by ¥27.1 billion from the previous fiscal year, resulting in an inflow of ¥2.9 billion. The main factors behind the decrease in cash flow were a ¥19.1 billion increase in inventories, a ¥15.6 billion decrease in trade and other payables, and ¥11.4 billion in corporate income tax paid.」
Although inventories continued to increase, operating cash flow turned from an outflow for the cumulative quarterly period into an inflow of ¥2.9 billion for the full year. - FY2024-Q3RestatedAnnual report
「Cash flow from operating activities decreased by ¥23.771 billion from the same quarter of the previous year, resulting in an outflow of ¥6.952 billion, compared with an inflow of ¥16.819 billion in the same quarter of the previous year. The main factors behind the decrease in cash flow were a ¥18.738 billion increase in inventories, a ¥14.473 billion decrease in trade and other payables, and ¥10.628 billion in corporate income tax paid.」
It again states that operating cash flow remained an outflow and that the increase in inventories was a major factor behind the decline. - FY2024-Q2First statedAnnual report
「Cash flow from operating activities decreased by ¥29.565 billion from the same quarter of the previous year, resulting in an outflow of ¥939.5 million, compared with an inflow of ¥20.17 billion in the same quarter of the previous year. The main factors behind the decrease in cash flow were a ¥15.196 billion decrease in trade and other payables and a ¥17.976 billion increase in inventories.」
Operating cash flow turned from an inflow in the same period of the previous year to an outflow, with the increase in inventories being one of the main factors behind the decline.