Deterioration in Operating Cash Flow Due to Increased Inventories, etc., and Increase in Borrowings
First written in FY2019-Q3. 15 of 29 entries say "Worsened", first in FY2019. Latest entry: 2026-08-07.
Kyosan Electric Manufacturing moved to the "Worse" side of this theme in 2023.
The whole theme swung hardest in 2026: 1 of 7 companies on the "Worse" side.
1 other company's latest entry also says "Mitigated".
- 2026-08-07MitigatedEarnings
「Cash flow from operating activities during the cumulative first-quarter consolidated period was positive at ¥7,607 million, mainly due to a decrease in trade receivables and other factors, representing an increase in cash inflows of ¥5,096 million from the cumulative first-quarter consolidated period of the previous fiscal year.」
Operating cash flow improved from positive ¥2,511 million in the same period of the previous fiscal year to positive ¥7,607 million, with cash inflows increasing year on year. - FY2026WorsenedAnnual report
「Cash flow from operating activities was positive ¥3,391 million, representing a ¥351 million decrease in inflows from the previous consolidated fiscal year. The main factor was a ¥5,737 million decrease in cash inflows from changes in contract liabilities, despite a ¥9,314 million decrease in outflows from changes in inventories.」
Operating cash flow remained positive but decreased by ¥351 million from the previous year. The inventory burden improved, while a decrease in contract liabilities reduced cash inflows. - FY2026-H1WorsenedAnnual report
「Cash flow from operating activities for the six months ended in the interim consolidated accounting period was negative ¥3,958 million, mainly due to an increase in inventories, representing a ¥1,195 million increase in outflows from the previous interim consolidated accounting period.」
Operating cash flow deteriorated from negative ¥2,763 million in the same period of the previous year to negative ¥3,958 million. An increase in inventories and decreases in trade payables and contract liabilities were identified as factors behind the increase in outflows. - FY2025MitigatedAnnual report
「Cash flow from operating activities was positive ¥3,743 million, representing a ¥9,648 million increase in inflows from the previous consolidated fiscal year. The main factors were a ¥6,319 million increase in cash inflows from changes in trade receivables and a ¥6,160 million decrease in outflows from changes in inventories.」
Operating cash flow turned positive at ¥3,743 million from negative ¥5,905 million in the previous year, an improvement of ¥9,648 million. The working capital burden from inventories and trade receivables eased. - FY2025-H1MitigatedAnnual report
「Cash flow from operating activities for the six months ended in the interim consolidated accounting period was negative ¥2,763 million, mainly due to an increase in inventories, but outflows decreased by ¥3,268 million from the previous interim consolidated accounting period, mainly due to a decrease in trade receivables.」
Operating cash flow improved from negative ¥6,031 million in the same period of the previous year to negative ¥2,763 million, with outflows decreasing by ¥3,268 million. However, operating cash flow remained negative. - FY2024WorsenedAnnual report
「Cash flow from operating activities was negative ¥5,905 million, representing a ¥2,992 million decrease in inflows from the previous consolidated fiscal year. The main factor was a ¥5,909 million decrease in cash inflows from changes in trade receivables, despite a ¥4,067 million decrease in payments of income taxes and other taxes.」
Operating cash flow deteriorated from negative ¥2,913 million in the previous year to negative ¥5,905 million. Changes in trade receivables, inventories and trade payables appeared as a working capital burden. - FY2024-Q3WorsenedAnnual report
「Cash flow from operating activities for the nine months ended in the third quarter was negative ¥13,162 million, mainly due to an increase in inventories, representing a ¥7,350 million increase in outflows from the same period of the previous year.」
Operating cash flow deteriorated from negative ¥5,812 million in the same period of the previous year to negative ¥13,162 million, with outflows increasing by ¥7,350 million. The main factor was an increase in inventories of ¥12,360 million, among others. - FY2024-Q2WorsenedAnnual report
「Cash flow from operating activities for the six months ended in the second quarter was negative ¥6,031 million, representing a ¥2,290 million increase in outflows from the same period of the previous year. The main factors were a ¥1,019 million decrease in cash inflows from changes in trade receivables, an ¥815 million decrease in cash inflows from changes in contract liabilities, a ¥2,748 million increase in outflows from changes in inventories, and a ¥710 million increase in outflows from changes in trade payables, despite a ¥3,835 million decrease in payments of income taxes and other taxes.」
Operating cash flow deteriorated from negative ¥3,741 million in the same period of the previous year to negative ¥6,031 million. Working capital factors, including an increase in inventories and a decrease in trade payables, were identified as the main drivers. - FY2024-Q1MitigatedAnnual report
「Net cash provided by operating activities during the three-month period ended the first quarter was ¥3,727 million, an increase of ¥4,444 million in inflows compared with the three-month period ended the first quarter of the previous fiscal year.」
Operating cash flow changed from an outflow of ¥716 million in the same period of the previous year to an inflow of ¥3,727 million, improving by ¥4,444 million. - FY2023WorsenedAnnual report
「Net cash used in operating activities was ¥2,913 million, a decrease of ¥17,869 million in inflows compared with the previous consolidated fiscal year.」
Operating cash flow changed from an inflow of ¥14,956 million in the previous fiscal year to an outflow of ¥2,913 million, while cash and cash equivalents also decreased by ¥3,485 million. Increases in inventories, income tax payments, and contract liabilities were cited as the main factors. - FY2023-Q3WorsenedAnnual report
「Net cash used in operating activities during the nine-month period ended the third quarter was ¥5,812 million, representing an increase of ¥12,829 million in outflows compared with the nine-month period ended the third quarter of the previous fiscal year. The main factors were an increase of ¥13,787 million in cash inflows from changes in trade receivables, offset by deterioration of ¥13,690 million in quarterly profit before income taxes, a decrease of ¥9,298 million in cash inflows from changes in contract liabilities, and an increase of ¥5,232 million in income taxes paid.」
Operating cash flow changed from an inflow of ¥7,017 million in the same period of the previous year to an outflow of ¥5,812 million, deteriorating by ¥12,829 million. Cash and cash equivalents also decreased to ¥5,502 million. - FY2023-Q2WorsenedAnnual report
「Net cash used in operating activities during the six-month period ended the second quarter was ¥3,741 million, representing an increase of ¥7,829 million in outflows compared with the six-month period ended the second quarter of the previous fiscal year. The main factors were an improvement of ¥12,155 million in cash inflows from changes in trade receivables, offset by deterioration of ¥8,622 million in quarterly profit before income taxes, a decrease of ¥7,199 million in cash inflows from changes in contract liabilities, and an increase of ¥4,203 million in income taxes paid.」
Operating cash flow changed from an inflow of ¥4,088 million in the same period of the previous year to an outflow of ¥3,741 million, deteriorating by ¥7,829 million. Cash and cash equivalents also decreased to ¥4,628 million. - FY2023-Q1WorsenedAnnual report
「Net cash used in operating activities during the three-month period ended the first quarter was ¥716 million, a decrease of ¥4,893 million in inflows compared with the three-month period ended the first quarter of the previous fiscal year.」
Operating cash flow changed from an inflow of ¥4,177 million in the same period of the previous year to an outflow of ¥716 million, deteriorating by ¥4,893 million. Contract liabilities, trade payables, and income tax payments were cited as the main factors. - FY2022MitigatedAnnual report
「Net cash provided by operating activities was ¥14,956 million, an increase of ¥16,389 million in inflows compared with the previous consolidated fiscal year.」
Operating cash flow changed from an outflow of ¥1,432 million in the previous fiscal year to an inflow of ¥14,956 million, improving by ¥16,389 million. - FY2022-Q3MitigatedAnnual report
「Net cash provided by operating activities during the nine-month period ended the third quarter was ¥7,017 million, an increase of ¥11,781 million in inflows compared with the nine-month period ended the third quarter of the previous fiscal year.」
Operating cash flow changed from an outflow of ¥4,763 million in the same period of the previous year to an inflow of ¥7,017 million, improving by ¥11,781 million. The increase in contract liabilities, improvement in profit before income taxes, and insurance proceeds received contributed to the increase in inflows. - FY2022-Q2MitigatedAnnual report
「Net cash provided by operating activities during the six-month period ended the second quarter was ¥4,088 million, an increase of ¥4,790 million in inflows compared with the six-month period ended the second quarter of the previous fiscal year.」
Operating cash flow changed from an outflow of ¥702 million in the same period of the previous year to an inflow of ¥4,088 million, improving by ¥4,790 million. Increases in contract liabilities and insurance proceeds received were cited as factors behind the increase in inflows. - FY2022-Q1MitigatedAnnual report
「Net cash provided by operating activities during the three-month period ended the first quarter was ¥4,177 million, an increase of ¥591 million in inflows compared with the three-month period ended the first quarter of the previous fiscal year.」
Net cash provided by operating activities was ¥4,177 million, an improvement of ¥591 million year on year. Operating cash flow, which deteriorated in the previous fiscal year due to the fire and other factors, has improved. - FY2021WorsenedAnnual report
「Net cash used in operating activities was ¥1,432 million, a decrease of ¥2,639 million in inflows compared with the previous consolidated fiscal year. The main factors were increases in cash inflows of ¥9,132 million from changes in trade receivables and ¥5,173 million from changes in inventories, offset by an increase of ¥12,568 million in outflows from profit or loss before income taxes due to the fire at the head office plant, as well as an increase of ¥3,222 million in outflows from changes in trade payables.」
Operating cash flow changed from an inflow of ¥1,206 million in the previous fiscal year to an outflow of ¥1,432 million, deteriorating by ¥2,639 million due to the impact of the fire loss and other factors. - FY2021-Q3WorsenedAnnual report
「Net cash used in operating activities during the nine-month period ended the third quarter was ¥4,763 million, a decrease of ¥4,879 million in inflows compared with the nine-month period ended the third quarter of the previous fiscal year. The main factors were a decrease of ¥3,455 million in cash inflows from changes in trade receivables and an increase of ¥3,093 million in outflows from changes in trade payables, despite an improvement of ¥868 million in the quarterly net loss before income taxes and a decrease of ¥2,581 million in outflows from changes in inventories.」
Operating cash flow changed from an inflow of ¥115 million in the same period of the previous year to an outflow of ¥4,763 million, deteriorating by ¥4,879 million. - FY2021-Q2WorsenedAnnual report
「Net cash used in operating activities during the six-month period ended the second quarter was ¥702 million, a decrease of ¥3,228 million in inflows compared with the six-month period ended the second quarter of the previous fiscal year. The main factors were increases in outflows of ¥3,836 million from changes in trade receivables and ¥2,400 million from changes in trade payables, despite an improvement of ¥1,218 million in the quarterly net loss before income taxes and a decrease of ¥2,144 million in outflows from changes in inventories.」
Operating cash flow changed from an inflow of ¥2,526 million in the same period of the previous year to an outflow of ¥702 million, deteriorating by ¥3,228 million. Increased outflows from trade receivables and trade payables were cited as the main factors. - FY2021-Q1WorsenedAnnual report
「Net cash provided by operating activities during the three-month period ended the first quarter was ¥3,585 million, a decrease of ¥5,734 million in inflows compared with the three-month period ended the first quarter of the previous fiscal year. The main factor was a ¥6,323 million decrease in cash inflows from changes in trade receivables.」
Operating cash flow remained positive but decreased by ¥5,734 million from the same period of the previous year. The main factor cited this time was the decrease in cash inflows from trade receivables. - FY2020MitigatedAnnual report
「Net cash provided by operating activities was ¥1,206 million, an increase of ¥4,105 million in inflows compared with the previous consolidated fiscal year.」
Operating cash flow changed from an outflow of ¥2,899 million in the previous fiscal year to an inflow of ¥1,206 million, improving by ¥4,105 million. - FY2020-Q3MitigatedAnnual report
「Net cash provided by operating activities during the nine-month period ended the third quarter was ¥115 million, an increase of ¥5,593 million in inflows compared with the nine-month period ended the third quarter of the previous fiscal year. The main factors were decreases in outflows of ¥2,635 million from changes in inventories, ¥1,321 million from changes in trade payables, and ¥1,003 million in income taxes paid, despite a decrease of ¥934 million in cash inflows from changes in trade receivables.」
Operating cash flow was positive at ¥115 million, improving by ¥5,593 million from the same period of the previous year. The deterioration in operating cash flow seen in the previous period eased during the nine-month period ended the third quarter. - FY2020-Q2MitigatedAnnual report
「Net cash provided by operating activities during the six-month period ended the second quarter was ¥2,526 million, an increase of ¥1,790 million in inflows compared with the six-month period ended the second quarter of the previous fiscal year. The main factors were decreases in outflows of ¥1,131 million from changes in inventories, ¥796 million from changes in trade payables, and ¥992 million in income taxes paid, despite a decrease of ¥1,479 million in cash inflows from changes in trade receivables.」
Operating cash flow was positive at ¥2,526 million, improving by ¥1,790 million from the same period of the previous year. The deterioration in operating cash flow seen in the previous period eased during the six-month period ended the second quarter. - FY2020-Q1MitigatedAnnual report
「Net cash provided by operating activities during the three-month period ended the first quarter was ¥9,320 million, an increase of ¥1,898 million in inflows compared with the three-month period ended the first quarter of the previous fiscal year. The main factors were increases in outflows of ¥321 million from changes in inventories and ¥574 million from changes in trade payables, offset by a decrease of ¥1,208 million in income taxes paid.」
Operating cash flow was positive at ¥9,320 million, improving by ¥1,898 million from the same period of the previous year. The deterioration in operating cash flow seen in the previous period eased in the first quarter this time. - FY2019WorsenedAnnual report
「Net cash used in operating activities was ¥2,899 million, representing an increase of ¥6,684 million in outflows compared with the previous consolidated fiscal year.」
Operating cash flow changed from an inflow of ¥3,784 million in the previous fiscal year to an outflow of ¥2,899 million. In financing activities, net borrowings increased by ¥8,901 million in total across short- and long-term borrowings, resulting in positive cash flow from financing activities of ¥6,743 million. - FY2019-Q3First statedAnnual report
「Net cash used in operating activities during the nine-month period ended the third quarter was ¥5,478 million, representing an increase of ¥5,027 million in outflows compared with the nine-month period ended the third quarter of the previous fiscal year. The main factors were an increase of ¥6,549 million in cash inflows from changes in trade receivables, offset by increases in outflows of ¥358 million from the quarterly net loss before income taxes and ¥4,689 million from changes in inventories, ¥4,275 million from changes in trade payables, and ¥1,815 million in income taxes paid.」
Operating cash flow deteriorated by ¥5,027 million from the same period of the previous year, primarily due to changes in inventories and trade payables and income tax payments. Financing activities generated cash inflow of ¥7,636 million due to an increase in borrowings, with the increase in financing also disclosed.