Generation of Operating Cash Flow and Reduction of Borrowings
First written in FY2017-Q1. 15 of 37 entries say "Worsened", first in FY2022. Latest entry: 2026-08-07.
Sanoh Industrial moved to the "Worse" side of this theme in 2022, the same year as the typical company in this theme.
3 other companies' latest entry also says "Worsened".
- 2026-08-07WorsenedEarnings presentation
「Operating activities +891; investing activities ▲1,465; financing activities, etc. ▲568 • Change in interest-bearing debt: +530」
Cash generated from operating activities was positive, while interest-bearing debt increased, and the trend of reducing borrowings remained weak. - FY2026WorsenedAnnual report
「As of the end of the fiscal year, interest-bearing debt, including borrowings and lease obligations, stood at ¥5,721.9 million.」
Interest-bearing debt increased from ¥3,967.4 million at the end of the previous fiscal year to ¥5,721.9 million, and cash from financing activities amounted to proceeds of ¥1,291.4 million. - FY2026-H1WorsenedAnnual report
「Cash flow from financing activities comprised proceeds of ¥4,921 million from an increase in short-term borrowings, compared with ¥553 million in the same period of the previous year, and proceeds of ¥2,081 million from long-term borrowings, with no such proceeds recorded in the same period of the previous year.」
Although ¥416.6 million of long-term borrowings was repaid, short-term borrowings increased by ¥507.7 million, causing financing activities to shift from an expense of ¥472.2 million in the same period of the previous year to proceeds of ¥156.4 million. The reduction in interest-bearing debt weakened. - FY2025WorsenedAnnual report
「As of the end of the fiscal year, interest-bearing debt, including borrowings and lease obligations, stood at ¥3,967.4 million. Cash and cash equivalents stood at ¥2,269.2 million at the end of the fiscal year.」
Operating cash flow was positive at ¥848.4 million, but interest-bearing debt increased from ¥3,301.1 million at the end of the previous fiscal year to ¥3,967.4 million, mainly due to ¥15,000 million of long-term borrowings. - FY2025-H1AdvancedAnnual report
「The main factors were increases of ¥94.6 million in notes and accounts payable, ¥63.1 million in other payables, and ¥98.2 million in other current liabilities such as accrued expenses, as well as decreases of ¥249.7 million in long-term borrowings and ¥40.9 million in deferred tax liabilities.」
¥249.7 million of long-term borrowings was repaid, and cash used in financing activities amounted to an expense of ¥472.2 million. Short-term borrowings increased by ¥55.3 million, so the reduction in borrowings progressed mainly through long-term borrowings. - FY2024WorsenedAnnual report
「As of the end of the fiscal year, interest-bearing debt, including borrowings and lease obligations, stood at ¥3,301.1 million.」
Interest-bearing debt increased from ¥2,866 million at the end of the previous fiscal year to ¥3,301.1 million. Proceeds of ¥10,000 million from long-term borrowings were recorded, weakening the reduction in borrowings. - FY2024-Q3WorsenedAnnual report
「The main factors were increases of ¥121.7 million in notes and accounts payable, ¥124.2 million in electronic-recorded obligations, and ¥361.5 million in short-term borrowings, as well as decreases of ¥85.3 million in accrued income taxes due to tax payments and ¥278.9 million in long-term borrowings.」
Although long-term borrowings were repaid, short-term borrowings increased by ¥361.5 million, and financing cash flow shifted to an expense of ¥270.4 million. The reduction in borrowings weakened. - FY2024-Q2WorsenedAnnual report
「Total liabilities amounted to ¥5,997.2 million, an increase of ¥260.4 million from the end of the previous fiscal year. The main factors were increases of ¥92.5 million in notes and accounts payable, ¥41.7 million in electronic-recorded obligations, ¥400.4 million in short-term borrowings, and ¥36.4 million in other current liabilities such as accrued expenses, as well as decreases of ¥68 million in other payables, ¥72.7 million in accrued income taxes due to tax payments, and ¥258.4 million in long-term borrowings.」
Although ¥258.4 million of long-term borrowings was repaid, short-term borrowings increased by ¥400.4 million. The reduction in interest-bearing debt weakened. - FY2024-Q1WorsenedAnnual report
「Cash flow used in financing activities amounted to an expense of ¥520 million, mainly reflecting proceeds of ¥980 million from an increase in short-term borrowings, compared with ¥1,433 million in the same period of the previous year, repayment of ¥342 million of long-term borrowings, compared with ¥263 million, dividend payments of ¥455 million, unchanged from the same period of the previous year, and dividend payments to non-controlling shareholders of ¥615 million, compared with ¥555 million. Financing cash flow was proceeds of ¥79 million in the same period of the previous year.」
Although repayment of long-term borrowings continued, short-term borrowings increased, causing financing activities to change from proceeds in the same period of the previous year to an expense of ¥520 million. The reduction in borrowings weakened. - FY2023-Q3WorsenedAnnual report
「Cash flow from financing activities amounted to proceeds of ¥787 million, mainly reflecting proceeds of ¥3,832 million from an increase in short-term borrowings, proceeds of ¥1,390 million from long-term borrowings, repayment of ¥2,525 million of long-term borrowings, and dividend payments of ¥910 million. Financing cash flow was an expense of ¥1,391 million in the same period of the previous year.」
Short-term borrowings increased by ¥3,832 million and proceeds from long-term borrowings were recorded, causing financing activities to shift from an expense in the same period of the previous year to proceeds of ¥787 million. Short-term borrowings increased by ¥5,284 million from the end of the previous fiscal year, weakening the reduction in borrowings. - FY2023-Q2WorsenedAnnual report
「Cash flow used in financing activities amounted to an expense of ¥630 million, mainly reflecting proceeds of ¥1,687 million from an increase in short-term borrowings, proceeds of ¥1,300 million from long-term borrowings, and repayment of ¥2,270 million of long-term borrowings. The expense was ¥3,477 million in the same period of the previous year.」
Although repayment of long-term borrowings continued, short-term borrowings increased by ¥1,687 million on a net basis, and financing cash outflows narrowed from ¥3,477 million in the same period of the previous year to ¥630 million. The reduction in borrowings weakened. - FY2023-Q1WorsenedAnnual report
「Total liabilities amounted to ¥5,910.3 million, an increase of ¥434.9 million from the end of the previous fiscal year. The main factors were increases of ¥107.5 million in notes and accounts payable, ¥195.5 million in short-term borrowings, ¥47.9 million in accrued expenses, and ¥65.4 million in provision for bonuses.」
Short-term borrowings increased by ¥195.5 million from the end of the previous fiscal year, and financing cash flow was also positive at ¥79 million. The reduction in borrowings weakened. - FY2022WorsenedAnnual report
「As of the end of the fiscal year, interest-bearing debt, including borrowings and lease obligations, stood at ¥2,867.7 million.」
Interest-bearing debt increased from ¥2,601.6 million at the end of the previous fiscal year to ¥2,867.7 million, and short-term borrowings also increased. The reduction in borrowings weakened. - FY2022-Q3SoftenedAnnual report
「Cash flow used in financing activities amounted to an expense of ¥1,391 million, mainly reflecting proceeds of ¥2,787 million from an increase in short-term borrowings, proceeds of ¥151 million from long-term borrowings, repayment of ¥2,915 million of long-term borrowings, and dividend payments of ¥892 million. The expense was ¥5,673 million in the same period of the previous year.」
Although repayment of ¥2,915 million of long-term borrowings continued, short-term borrowings increased by ¥2,805 million, and financing cash outflows narrowed from ¥5,673 million in the same period of the previous year to ¥1,391 million, weakening the reduction in borrowings from the previous quarter. - FY2022-Q2AdvancedAnnual report
「Cash flow used in financing activities amounted to an expense of ¥3,477 million, mainly reflecting repayment of ¥2,578 million of long-term borrowings, compared with ¥2,427 million in the same period of the previous year, dividend payments of ¥437 million, compared with ¥346 million, and dividend payments to non-controlling shareholders of ¥284 million, compared with ¥973 million. The expense was ¥694 million in the same period of the previous year.」
¥2,578 million of long-term borrowings was repaid, resulting in financing cash outflows of ¥3,477 million. The reduction of interest-bearing debt continued. - FY2022-Q1SoftenedAnnual report
「Cash flow used in financing activities amounted to an expense of ¥1,592 million, mainly reflecting repayments of ¥74 million from a decrease in short-term borrowings, proceeds of ¥149 million from long-term borrowings, repayment of ¥885 million of long-term borrowings, and dividend payments of ¥437 million.」
Financing activities resulted in an expense of ¥1,592 million, and repayment of long-term borrowings continued. However, the scale of the reduction in borrowings was smaller than the ¥4,599 million expense in the same period of the previous year, with the decrease in short-term borrowings limited to ¥74 million. - FY2021AdvancedAnnual report
「Total liabilities amounted to ¥5,138.1 million, a decrease of ¥924.4 million from the end of the previous fiscal year. The main factors were decreases of ¥127.9 million in notes and accounts payable, ¥504.6 million in short-term borrowings, ¥30.1 million in accrued consumption taxes, and ¥169.6 million in long-term borrowings.」
Short-term and long-term borrowings decreased from the end of the previous fiscal year, and interest-bearing debt stood at ¥2,601.6 million. Financing cash flow was also an expense of ¥878.9 million, demonstrating progress in reducing borrowings for the full year. - FY2021-Q3AdvancedAnnual report
「Total liabilities amounted to ¥5,563.6 million, a decrease of ¥499 million from the end of the previous fiscal year. The main factors were decreases of ¥217.4 million in short-term borrowings, ¥164.3 million in long-term borrowings, ¥43 million in accrued income taxes, and ¥40.8 million in liabilities related to retirement benefits.」
Short-term borrowings decreased by ¥217.4 million and long-term borrowings by ¥164.3 million from the end of the previous fiscal year. Financing cash flow was also an expense of ¥567.3 million, demonstrating progress in reducing borrowings. - FY2021-Q2SoftenedAnnual report
「Cash and cash equivalents decreased by ¥3,473 million from operating activities and ¥694 million from financing activities, while increasing by ¥1,548 million from investing activities, among other factors, resulting in a balance of ¥1,265.4 million at the end of the second quarter, down ¥3,263 million from the end of the previous fiscal year.」
Operating cash flow was negative at ¥3,473 million, deteriorating from positive cash flow in the same period of the previous year. Proceeds of ¥2,225 million from an increase in short-term borrowings were also recorded, weakening the reduction in borrowings. - FY2021-Q1AdvancedAnnual report
「Cash flow used in financing activities amounted to an expense of ¥4,599 million, mainly reflecting repayments of ¥3,762 million from a net decrease in short-term borrowings, compared with proceeds of ¥325 million in the same period of the previous year, proceeds of ¥1,000 million from long-term borrowings, compared with ¥500 million, and dividend payments of ¥346 million.」
Short-term borrowings decreased by ¥3,762 million on a net basis, resulting in financing cash outflows of ¥4,599 million. The reduction in interest-bearing debt became evident, reversing the net increase in short-term borrowings in the previous fiscal year. - FY2020-Q3AdvancedAnnual report
「While long-term borrowings were refinanced, short-term borrowings and lease obligations were repaid to reduce interest-bearing debt, and dividends and dividends to non-controlling shareholders were paid.」
For the nine-month period, financing activities resulted in an expense of ¥3,667 million, demonstrating the reduction of interest-bearing debt through repayment of short-term borrowings and lease obligations. - FY2020-Q2AdvancedAnnual report
「The main factors were a ¥2,659 million decrease in cash and deposits among current assets, associated with the reduction of interest-bearing debt and payment of accounts payable, a decrease in inventories such as raw materials and work in process resulting from inventory-reduction efforts, and decreases in land, buildings and structures among fixed assets following the sale of owned real estate.」
Operating cash flow decreased from ¥3,022 million in the same period of the previous year to ¥1,424 million, while interest-bearing debt was reduced and short-term borrowings and lease obligations were repaid, indicating progress in reducing borrowings. - FY2020-Q1SoftenedAnnual report
「Cash and cash equivalents decreased by ¥596 million from operating activities, ¥2,004 million from investing activities, and ¥727 million from financing activities, among other factors, resulting in a balance of ¥1,347.2 million at the end of the first quarter, down ¥2,033 million from the end of the previous fiscal year.」
Operating cash flow remained positive but decreased from ¥1,481 million in the same period of the previous year to ¥596 million. Short-term borrowings increased by ¥325 million on a net basis, and ¥500 million of long-term borrowings was also obtained, leaving the reduction in borrowings weak. - FY2019SoftenedAnnual report
「During the fiscal year, cash from financing activities decreased by ¥920 million from the same period of the previous year to ¥3,814 million, mainly reflecting proceeds of ¥5,472 million from a net increase in borrowings, compared with ¥5,878 million in the same period of the previous year.」
Operating cash flow was positive at ¥5,414 million, but the net increase in borrowings continued. Interest-bearing debt increased from ¥2,985.5 million at the end of the previous fiscal year to ¥3,587.8 million. - FY2019-Q3SoftenedAnnual report
「Cash flow from financing activities amounted to ¥1,877 million, mainly reflecting proceeds of ¥3,452 million from a net increase in borrowings, compared with ¥3,037 million in the same period of the previous year, dividend payments of ¥910 million, and dividend payments to non-controlling shareholders of ¥448 million. Cash flow from financing activities amounted to proceeds of ¥1,894 million in the same period of the previous year.」
Operating cash flow was positive at ¥4,348 million, but proceeds of ¥3,452 million from a net increase in borrowings continued, and short-term borrowings increased by ¥5,508 million on a net basis. The reduction in borrowings remained weak. - FY2019-Q2SoftenedAnnual report
「Cash flow from financing activities decreased by ¥1,530 million from the same period of the previous year to ¥897 million, mainly reflecting proceeds of ¥1,918 million from a net increase in borrowings, compared with ¥3,091 million in the same period of the previous year, dividend payments of ¥455 million, and dividend payments to non-controlling shareholders of ¥419 million.」
Operating cash flow was positive at ¥3,022 million, but funding through a net increase in borrowings continued, and the reduction in borrowings remained weak. - FY2019-Q1SoftenedAnnual report
「Cash flow from financing activities amounted to ¥1,299 million, mainly reflecting proceeds of ¥2,529 million from a net increase in short-term borrowings, compared with ¥824 million in the same period of the previous year, dividend payments of ¥455 million, compared with ¥437 million, and dividend payments to non-controlling shareholders of ¥419 million, compared with ¥145 million.」
Operating cash flow was positive at ¥1,481 million, but funding through a net increase in short-term borrowings expanded, further weakening the reduction in borrowings. - FY2018-Q3SoftenedAnnual report
「Cash flow from financing activities amounted to ¥1,894 million, mainly reflecting proceeds of ¥2,394 million from a net increase in short-term borrowings, compared with ¥621 million in the same period of the previous year, proceeds of ¥2,381 million from long-term borrowings, repayment of ¥1,739 million of long-term borrowings, and dividend payments of ¥892 million. Cash flow from financing activities was an expense of ¥1,301 million in the same period of the previous year.」
Operating cash flow was positive at ¥5,834 million, but in addition to a net increase in short-term borrowings, proceeds from long-term borrowings were also recorded, weakening the reduction in borrowings from the same period of the previous year. - FY2018-Q2SoftenedAnnual report
「Cash flow from financing activities amounted to ¥2,426 million, mainly reflecting proceeds of ¥3,091 million from a net increase in borrowings, compared with an expense of ¥847 million in the same period of the previous year, and dividend payments of ¥437 million, unchanged from the same period of the previous year.」
Operating cash flow was positive at ¥5,136 million, but borrowings increased on a net basis, and the reduction in borrowings was weaker than in the full year of the previous fiscal year and the same period of the previous year. - FY2018-Q1SoftenedAnnual report
「Cash flow used in financing activities amounted to ¥180 million, mainly reflecting proceeds of ¥824 million from a net increase in short-term borrowings, compared with an expense of ¥692 million in the same period of the previous year, and dividend payments of ¥437 million, unchanged from the same period of the previous year.」
Although operating cash flow remained positive, short-term borrowings increased on a net basis, and the reduction in borrowings was weaker than in the full year of the previous fiscal year and the same period of the previous year. ¥423 million of long-term borrowings was repaid. - FY2017RestatedAnnual report
「Cash and cash equivalents increased by ¥1,038 million from operating activities and decreased by ¥858 million from investing activities and ¥222 million from financing activities, among other factors, resulting in a balance of ¥1,192 million at the end of the fiscal year, down ¥109 million from the end of the previous fiscal year.」
Positive operating cash flow was confirmed for the full year, while financing expenses were attributable to a net decrease in borrowings. Long-term borrowings decreased by ¥2,042 million from the end of the previous fiscal year. - FY2017-Q3RestatedAnnual report
「As a result of an increase of ¥8,608 million from operating activities, a decrease of ¥6,875 million from investing activities, and a decrease of ¥1,301 million from financing activities, among other factors, cash and cash equivalents stood at ¥12,178 million at the end of the third quarter of the current consolidated fiscal year, down ¥838 million from the end of the previous consolidated fiscal year.」
Operating cash flow remained positive, while financing activities used funds due to the net decrease in borrowings and other factors. - FY2017-Q2RestatedAnnual report
「As a result of an increase of ¥5,984 million from operating activities, a decrease of ¥3,835 million from investing activities, and a decrease of ¥1,332 million from financing activities, among other factors, cash and cash equivalents stood at ¥12,681 million at the end of the second quarter of the current consolidated fiscal year, down ¥334 million from the end of the previous consolidated fiscal year.」
Operating cash flow remained positive, while financing activities used funds due to the repayment of borrowings and other factors. - FY2017-Q1First statedAnnual report
「As a result of an increase of ¥3,528 million from operating activities, a decrease of ¥1,680 million from investing activities, and a decrease of ¥1,717 million from financing activities, among other factors, cash and cash equivalents stood at ¥12,711 million at the end of the first quarter of the current consolidated fiscal year, down ¥304 million from the end of the previous consolidated fiscal year.」
Operating cash flow increased year on year, and the disclosure also notes a net decrease in short-term borrowings and repayment of long-term borrowings.