Ongoing Operating Cash Flow Deficits and Fixed Asset Impairment
First written in FY2017-Q1. 14 of 28 entries say "Mitigated", first in FY2017. Latest entry: FY2026.
The whole theme swung hardest in 2026: 67 of 129 companies on the "Worse" side.
- FY2026MitigatedAnnual report
「Cash flows from operating activities decreased by ¥7,006 million from the previous fiscal year, resulting in an increase in funds of ¥1,478 million, mainly due to profit before income taxes and other adjustments of ¥2,047 million, depreciation and amortization of ¥6,978 million, and an impairment loss of ¥674 million, among other factors.」
Operating cash flow remained positive at ¥1,478 million, while the impairment loss decreased from ¥1,299 million in the previous fiscal year to ¥674 million. However, impairment losses continued to be recognized in China and elsewhere. - FY2025WorsenedAnnual report
「The impairment loss for the consolidated fiscal year was ¥1,299 million.」
The impairment loss increased substantially from ¥34 million in the previous fiscal year to ¥1,299 million. Impairment losses were recognized for asset groups in China, Europe and Asia due to declining profitability or idle status. - FY2025-H1MitigatedAnnual report
「Cash flows from operating activities resulted in income of ¥6,926 million (income of ¥3,428 million in the same period of the previous year), mainly due to interim profit before income taxes and other adjustments of ¥1,913 million, depreciation and amortization of ¥3,208 million, and a ¥1,763 million decrease in trade receivables, among other factors.」
Operating cash flow increased from ¥3,428 million in the same period of the previous year to ¥6,926 million, reducing impairment risk attributable to continuing operating cash flow deficits. - FY2024MitigatedAnnual report
「Cash flows from operating activities increased by ¥4,459 million from the previous fiscal year to ¥10,139 million.」
Operating cash flow was positive at ¥10,139 million, reducing impairment risk attributable to continuing operating cash flow deficits. Meanwhile, an impairment loss of ¥34 million was recognized for idle equipment. - FY2024-Q3MitigatedAnnual report
「Cash flows from operating activities resulted in income of ¥7,502 million (income of ¥4,638 million in the same period of the previous year), mainly due to profit before income taxes and other adjustments of ¥4,844 million (¥140 million in the same period of the previous year) and depreciation and amortization of ¥4,520 million (¥4,386 million in the same period of the previous year), among other factors.」
Operating cash flow increased from ¥4,638 million in the same period of the previous year to ¥7,502 million, and no new impairment loss indicating impairment risk due to continuing operating cash flow deficits was recognized. quantified true, materialized false. - FY2024-Q2MitigatedAnnual report
「Cash flows from operating activities resulted in income of ¥3,428 million (income of ¥1,586 million in the same period of the previous year), mainly due to profit before income taxes and other adjustments of ¥2,426 million (loss of ¥698 million in the same period of the previous year).」
Operating cash flow was positive at ¥3,428 million. This filing also does not mention any impairment loss recognized due to continuing operating cash flow deficits. - FY2023-Q3MitigatedAnnual report
「Cash flow generated by operating activities increased by ¥63.2 million from the same period of the previous year to ¥463.8 million, due in part to quarterly net income before income taxes of ¥14 million, compared with ¥3,898 million in the same period of the previous year; depreciation and amortization of ¥438.6 million, compared with ¥383.2 million; an increase in trade receivables of ¥39.4 million, compared with a decrease of ¥268.1 million; and a decrease in inventories of ¥103.5 million, compared with an increase of ¥299.7 million.」
Operating cash flow was positive at ¥463.8 million, up from the same period of the previous year. This filing does not state that an impairment loss was recorded due to recurring operating cash flow deficits. - FY2023-Q2MitigatedAnnual report
「Cash flow generated by operating activities amounted to ¥158.6 million, compared with ¥350.9 million in the same period of the previous year, due in part to a quarterly net loss before income taxes of ¥698 million, compared with quarterly net income before income taxes of ¥4,419 million in the same period of the previous year.」
Operating cash flow remained positive at ¥158.6 million, and no impairment loss on fixed assets due to recurring operating cash flow deficits was reported for the first half. However, it declined from the same period of the previous year. - FY2022MitigatedAnnual report
「Cash flow generated by operating activities decreased by ¥454.7 million from the previous period to ¥334.0 million.」
Operating cash flow remained positive, and no impairment loss on fixed assets was recorded during the period due to recurring operating cash flow deficits. However, operating cash flow declined from the previous period. - FY2021MitigatedAnnual report
「Current consolidated fiscal year (from 1 April 2020 to 31 March 2021): Not applicable.」
No impairment loss on fixed assets was recorded during the consolidated fiscal year due to persistently negative operating cash flow or expectations of such deficits. Cash flow from operating activities was positive at ¥788.7 million. - FY2021-Q2MitigatedAnnual report
「Cumulative second quarter: No applicable items.」
No impairment loss on fixed assets was recorded during the cumulative quarter due to persistently negative operating cash flow or expectations of such deficits. - FY2021-Q1MitigatedAnnual report
「Cumulative first quarter (1 April 2020 to 30 June 2020): No applicable items.」
No impairment loss on fixed assets was recorded during the cumulative quarter due to persistently negative operating cash flow or expectations of such deficits. - FY2020-Q3WorsenedAnnual report
「During the cumulative third quarter, the Group reduced the carrying amount of asset groups whose cash flow from operating activities was persistently negative or is expected to remain persistently negative to their recoverable amount, and recorded the reduction of ¥382 million as an impairment loss under extraordinary losses.」
The Group recorded impairment losses of ¥382 million due to persistently negative operating cash flow or expectations of such deficits, up from ¥360 million in the same period of the previous year. This included ¥135 million for Geiger Automotive GmbH. - FY2020-Q2WorsenedAnnual report
「During the cumulative second quarter, the Group reduced the carrying amount of asset groups whose cash flow from operating activities was persistently negative or is expected to remain persistently negative to their recoverable amount, and recorded the reduction of ¥384 million as an impairment loss under extraordinary losses.」
The Group recorded impairment losses of ¥384 million on asset groups whose operating cash flow was persistently negative or expected to remain negative, up from ¥268 million in the same period of the previous year. Geiger Automotive GmbH was also subject to an impairment loss of ¥137 million. - FY2020-Q1WorsenedAnnual report
「During the cumulative first quarter, the Group reduced the carrying amount of asset groups whose cash flow from operating activities was persistently negative or is expected to remain persistently negative to their recoverable amount, and recorded the reduction of ¥302 million as an impairment loss under extraordinary losses.」
The Group recorded an impairment loss of ¥302 million on asset groups whose cash flow from operating activities was persistently negative or is expected to remain negative. This was up from ¥160 million in the same period of the previous year. - FY2019WorsenedAnnual report
「During the consolidated fiscal year, the Group estimated future cash flows for asset groups whose profitability had declined substantially, reduced the carrying amount of asset groups for which a recovery in profitability was not expected to their recoverable amount, and recorded the reduction of ¥5,311 million as an impairment loss under extraordinary losses.」
Impairment losses increased from ¥3,323 million in the previous period to ¥5,311 million. As cash flow from operating activities remained negative at Geiger Automotive GmbH and other entities, value in use was calculated as zero. - FY2019-Q3WorsenedAnnual report
「During the cumulative third quarter, the Group reduced the carrying amount of asset groups whose cash flow from operating activities was persistently negative or is expected to remain persistently negative to their recoverable amount, and recorded the reduction of ¥360 million as an impairment loss under extraordinary losses.」
The Group recorded total impairment losses of ¥360 million in Japan's Vehicle Piping First Division and at its Shanghai, Tianjin and Chongqing subsidiaries in China, up from ¥268 million in the previous cumulative quarter. - FY2019-Q2MaterialisedAnnual report
「During the cumulative second quarter, the Group reduced the carrying amount of asset groups whose cash flow from operating activities was persistently negative or is expected to remain persistently negative to their recoverable amount, and recorded the reduction of ¥268 million as an impairment loss under extraordinary losses.」
The Group recorded an impairment loss of ¥188 million in Japan's Vehicle Piping First Division and a total of ¥79 million at its Shanghai and Tianjin subsidiaries in China. - FY2019-Q1MaterialisedAnnual report
「During the cumulative first quarter, the Group reduced the carrying amount of asset groups whose cash flow from operating activities was persistently negative or is expected to remain persistently negative to their recoverable amount, and recorded the reduction of ¥160 million as an impairment loss under extraordinary losses.」
Although no impairment loss had been recorded for the previous cumulative quarter, the Group recorded impairment losses of ¥95 million in Japan and ¥65 million in China, for a total of ¥160 million, during the quarter. - FY2018-Q3MaterialisedAnnual report
「During the cumulative third quarter, the Group reduced the carrying amount of asset groups whose cash flow from operating activities was persistently negative or is expected to remain persistently negative to their recoverable amount, and recorded the reduction of ¥36 million as an impairment loss under extraordinary losses.」
Although no impairment loss had been recorded for the previous cumulative quarter, an impairment loss of ¥36 million was recorded in the cumulative third quarter on equipment used to manufacture automotive parts in France. - FY2018-Q2MitigatedAnnual report
「Cumulative second quarter: No applicable items.」
No impairment loss on fixed assets was recorded for the cumulative quarter. Cash flow from operating activities was positive at ¥5,136 million. - FY2018-Q1MitigatedAnnual report
「Cumulative first quarter: No applicable items.」
No impairment loss on fixed assets was recorded during the quarter. Cash flow from operating activities remained positive at ¥2,616 million, although this was down from ¥3,528 million in the same period of the previous year. - FY2017MitigatedAnnual report
「During the consolidated fiscal year, the Group estimated future cash flows for asset groups whose profitability had declined substantially, reduced the carrying amount of asset groups for which a recovery in profitability was not expected to their recoverable amount, and recorded the reduction of ¥1,121 million as an impairment loss under extraordinary losses.」
Full-year impairment losses decreased from ¥2,443 million in the previous period to ¥1,121 million, while consolidated cash flow from operating activities was positive at ¥10,383 million. However, the value in use of assets in Saitama, Shiga and other locations was set at zero because their cash flow from operating activities remained negative. - FY2017-Q3RestatedAnnual report
「During the cumulative third quarter, the Group reduced the carrying amount of asset groups whose cash flow from operating activities was persistently negative or is expected to remain persistently negative to their recoverable amount, and recorded the reduction of ¥488 million as an impairment loss under extraordinary losses.」
For asset groups expected to generate persistently negative operating cash flow, the Group recorded an impairment loss of ¥488 million for the cumulative third quarter. - FY2017-Q2RestatedAnnual report
「During the cumulative second quarter, the Group reduced the carrying amount of asset groups whose cash flow from operating activities was persistently negative or is expected to remain persistently negative to their recoverable amount, and recorded the reduction of ¥489 million as an impairment loss under extraordinary losses.」
The Group recorded total impairment losses of ¥489 million in Saitama, Shiga and Shanghai for asset groups expected to generate persistently negative operating cash flow. - FY2017-Q1MaterialisedAnnual report
「During the cumulative first quarter, the Group reduced the carrying amount of asset groups whose cash flow from operating activities was persistently negative or is expected to remain persistently negative to their recoverable amount, and recorded the reduction of ¥487 million as an impairment loss under extraordinary losses.」
The Group recorded a total impairment loss of ¥487 million on equipment used to manufacture automotive parts at the Saitama and Shiga facilities.