Negative Operating Cash Flow Due to Higher Inventories and Other Assets
First written in FY2019-Q2. 6 of 16 entries say "Advanced", first in FY2020. Latest entry: FY2026.
The whole theme swung hardest in 2018: 4 of 22 companies on the "Worse" side.
3 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「Cash provided by operating activities was ¥1,861 million (¥1,303 million in the same period of the previous year).」
Cash flow from operating activities improved from ¥1,303 million in the same period of the previous year to ¥1,861 million. - FY2026-H1Improvement in operating cash flow and increase in inventoriesAnnual report
「Cash provided by operating activities was ¥628 million (¥374 million in the same period of the previous year). The main cash inflows included interim profit before income taxes of ¥758 million. The main cash outflows included income taxes paid of ¥333 million.」
Cash flow from operating activities improved from ¥374 million in the same period of the previous year to ¥628 million. Meanwhile, the statement of cash flows shows a ¥117 million increase in inventories as a factor contributing to cash outflows. - FY2025-H1Decline in operating cash flow and increase in inventoriesAnnual report
「Cash provided by operating activities was ¥374 million (¥674 million in the same period of the previous year). The main cash inflows included interim profit before income taxes of ¥845 million. The main cash outflows included a ¥300 million increase in inventories and income taxes paid of ¥281 million.」
Cash flow from operating activities decreased from ¥674 million in the same period of the previous year to ¥374 million. The ¥300 million increase in inventories was one of the main factors contributing to cash outflows. - FY2024AdvancedAnnual report
「Cash provided by operating activities was ¥892 million (¥135 million in the same period of the previous year).」
Cash flow from operating activities improved from ¥135 million in the same period of the previous year to ¥892 million. The ¥471 million increase in inventories remained a factor contributing to cash outflows. - FY2024-Q3Increase in raw materials and suppliesAnnual report
「This was mainly due to an increase in assets resulting from a ¥458 million increase in raw materials and supplies and a ¥334 million increase in investment securities, despite a ¥273 million decrease in cash and deposits.」
Raw materials and supplies increased by ¥458 million, becoming the main factor behind the increase in assets. - FY2024-Q2AdvancedAnnual report
「Cash provided by operating activities was ¥674 million (¥48 million in the same period of the previous year). The main factors increasing cash were the recognition of quarterly profit before income taxes of ¥568 million and a ¥435 million decrease in trade receivables and contract assets. The main factor reducing cash was a ¥304 million increase in inventories.」
Cash flow from operating activities improved from ¥48 million in the same period of the previous year to ¥674 million. However, the ¥304 million increase in inventories remained a factor contributing to cash outflows. - FY2023Sharp decline in operating cash flowAnnual report
「Cash provided by operating activities was ¥135 million (¥849 million in the same period of the previous year). The main cash inflows included profit before income taxes of ¥1,249 million and depreciation and amortization of ¥267 million. The main cash outflows included a ¥606 million increase in trade receivables and contract assets, a ¥542 million increase in inventories, and income taxes paid of ¥216 million.」
Cash flow from operating activities fell sharply from ¥849 million in the previous year to ¥135 million, with increases in trade receivables and contract assets and inventories being the main factors contributing to cash outflows. - FY2023-Q3Increase in Inventories and Trade ReceivablesAnnual report
「This was mainly due to an increase in assets resulting from a ¥420 million increase in work in process, a ¥379 million increase in notes and accounts receivable and contract assets, and a ¥232 million increase in raw materials and supplies, despite a ¥656 million decrease in cash and deposits.」
While cash and deposits decreased by ¥656 million, work in process, notes and accounts receivable and contract assets, and raw materials and supplies increased, resulting in total assets increasing by ¥281 million from the end of the previous consolidated fiscal year. - FY2023-Q2Sharp decline in operating cash flowAnnual report
「Cash provided by operating activities was ¥48 million (¥678 million in the same period of the previous year). The main factors increasing cash were the recognition of quarterly profit before income taxes of ¥410 million and a ¥200 million decrease in trade receivables and contract assets. The main factor reducing cash was a ¥478 million increase in inventories.」
Cash flow from operating activities fell sharply from ¥678 million in the same period of the previous year to ¥48 million. The ¥478 million increase in inventories was the main factor contributing to cash outflows. - FY2022-Q2Lower Operating Cash FlowAnnual report
「Cash provided by operating activities was ¥678 million (¥930 million in the same period of the previous year). The main cash inflows included quarterly profit before income taxes of ¥293 million, a ¥469 million decrease in trade receivables and contract assets, and depreciation and amortization of ¥129 million. The main cash outflows included a ¥192 million increase in inventories, income taxes paid of ¥114 million, and a ¥17 million decrease in accrued consumption taxes and other taxes.」
Cash flow from operating activities decreased from ¥930 million in the same period of the previous year to ¥678 million. While the decrease in trade receivables and other items contributed to cash inflows, the increase in inventories continued to contribute to cash outflows. - FY2021AdvancedAnnual report
「Cash provided by operating activities was ¥1,143 million (¥241 million in the same period of the previous year). The main cash inflows included profit before income taxes of ¥635 million, a ¥549 million decrease in trade receivables, depreciation and amortization of ¥241 million, and a ¥49 million increase in trade payables. The main cash outflows included income taxes paid of ¥320 million, a ¥97 million decrease in accrued consumption taxes and other taxes, and a ¥59 million increase in inventories.」
Cash flow from operating activities increased from ¥241 million in the same period of the previous year to ¥1,143 million. - FY2021-Q2AdvancedAnnual report
「Cash generated from operating activities was ¥930 million, compared with ¥387 million in the same period of the previous year. The main cash inflows included quarterly profit before income taxes of ¥335 million, a decrease in trade receivables of ¥1,072 million, and depreciation of ¥116 million. The main cash outflows included an increase in inventories of ¥272 million, income taxes paid of ¥182 million, and a decrease in unpaid consumption taxes and other items of ¥113 million.」
Operating cash flow increased from ¥387 million in the same period of the previous year to ¥930 million. A decrease in trade receivables was a source of cash inflow, while an increase in inventories was a source of cash outflow. - FY2020AdvancedAnnual report
「Cash generated from operating activities was ¥241 million, an increase of ¥14 million year on year.」
Cash flow from operating activities was ¥241 million, an increase of ¥14 million year on year. The ¥705 million increase in trade receivables was a source of cash outflow. - FY2020-Q2Improvement in operating cash flowAnnual report
「Cash generated from operating activities was ¥387 million, an increase of ¥480 million year on year. The main cash inflows were quarterly profit before income taxes of ¥463 million, depreciation of ¥64 million, an impairment loss on investment securities of ¥42 million, and a decrease in trade receivables of ¥80 million. The main cash outflows included an increase in inventories of ¥132 million and income taxes paid of ¥131 million.」
Operating cash flow improved from ¥93 million used in the same period of the previous year to ¥387 million generated. The increase in inventories continued to be a source of cash outflow. - FY2019Continued decline in operating cash flowAnnual report
「Cash generated from operating activities was ¥227 million, a decrease of ¥637 million year on year. The main cash inflows were profit before income taxes of ¥755 million, amortization of goodwill of ¥301 million, and depreciation of ¥181 million. The main cash outflows included income taxes paid of ¥358 million, an increase in inventories of ¥285 million, an increase in other current assets of ¥226 million, and an increase in trade receivables of ¥225 million.」
Operating cash flow remained positive, but declined by ¥637 million year on year. Increases in inventories, other current assets and trade receivables were sources of cash outflow. - FY2019-Q2First statedAnnual report
「Cash used in operating activities was ¥93 million, compared with ¥685 million generated in the same period of the previous year. The main cash inflows were profit before income taxes of ¥423 million, depreciation of ¥89 million, and an increase in trade payables of ¥36 million. The main cash outflows were an increase in inventories of ¥408 million, income taxes paid of ¥219 million, and an increase in other current assets of ¥237 million.」
Although profit increased, cash flow from operating activities shifted from ¥685 million generated in the same period of the previous year to ¥93 million used, due to increases in inventories and other current assets.