Negative operating cash flow and declining cash balances
First written in FY2017-Q2. 17 of 34 entries say "Mitigated", first in FY2018-Q3. Latest entry: FY2026.
- FY2026Operating cash flow surplus narrows; cash increasesAnnual report
「Cash and cash equivalents (hereinafter, “funds”) totaled ¥37,326 million at the end of the current consolidated fiscal year, up ¥2,721 million from the end of the previous consolidated fiscal year.」
While cash and cash equivalents increased, cash flows from operating activities totaled ¥16,000 million, down from ¥23,104 million in the previous fiscal year. - 2026-05-15MitigatedRevision to earnings forecast
「当連結会計年度における現金及び現金同等物（以下「資金」という。）は37,326百万円となり、前連結会計年度末に比べ2,721百万円増加しました。」
現金及び現金同等物は前期末から増加した。一方、営業活動によるキャッシュ・フローは16,000百万円で、前期の23,104百万円から縮小した。 - FY2026-H1Operating cash flow surplus narrows, cash declinesAnnual report
「Cash and cash equivalents (hereinafter, “funds”) totaled ¥34,309 million at the end of the current interim consolidated period, down ¥295 million from the end of the previous consolidated fiscal year.」
Cash and cash equivalents decreased by ¥295 million from the beginning of the fiscal year. Cash flows from operating activities remained positive at ¥9,038 million, but declined from ¥17,246 million in the same period of the previous fiscal year. - FY2025-H1MitigatedAnnual report
「The increase in funds from operating activities during the current interim consolidated period was ¥17,246 million, compared with an increase of ¥1,402 million in the same period of the previous fiscal year.」
The increase in cash flows from operating activities expanded substantially, from ¥1,402 million in the same period of the previous fiscal year to ¥17,246 million, and cash and cash equivalents also increased by ¥7,856 million from the beginning of the fiscal year. - FY2024MitigatedAnnual report
「The increase in funds from operating activities during the current consolidated fiscal year was ¥15,301 million, compared with an increase of ¥3,351 million in the previous fiscal year.」
Cash flows from operating activities increased substantially from the previous fiscal year. Meanwhile, cash and cash equivalents decreased by ¥2,197 million from the end of the previous fiscal year. - FY2024-Q3WorsenedAnnual report
「Total assets at the end of the third quarter of the current consolidated fiscal year increased by ¥18,593 million from the end of the previous consolidated fiscal year to ¥217,873 million. The main changes were increases of ¥19,624 million in inventories and ¥17,459 million in investment securities, and decreases of ¥10,821 million in cash and deposits and ¥6,619 million in notes and accounts receivable and contract assets.」
Cash and deposits decreased by ¥10,821 million from the end of the previous consolidated fiscal year. - FY2024-Q2WorsenedAnnual report
「Cash and cash equivalents (hereinafter, “funds”) totaled ¥29,218 million at the end of the second quarter of the current consolidated fiscal year, down ¥2,785 million from the end of the previous consolidated fiscal year.」
Cash and cash equivalents decreased by ¥2,785 million from the end of the period, while cash flows from operating activities declined from ¥2,128 million in the same period of the previous fiscal year to ¥1,402 million. - FY2024-Q1MitigatedAnnual report
「The main factors were increases of ¥9,086 million in inventories, ¥3,452 million in cash and deposits, and ¥1,315 million in investment securities, partly offset by decreases of ¥12,203 million in notes and accounts receivable and contract assets and ¥3,092 million in other current assets, due in part to a decrease in consumption tax receivable.」
Cash and deposits at the end of the first quarter increased by ¥3,452 million from the end of the previous consolidated fiscal year. A statement of cash flows has not been prepared for the cumulative first-quarter consolidated period. - FY2023WorsenedAnnual report
「Cash and cash equivalents (hereinafter, “funds”) totaled ¥32,004 million at the end of the current consolidated fiscal year, down ¥10,346 million from the end of the previous consolidated fiscal year. The increase in funds from operating activities during the current consolidated fiscal year was ¥3,351 million, compared with an increase of ¥22,603 million in the previous fiscal year.」
Cash and cash equivalents decreased by ¥10,346 million, while the increase in cash flows from operating activities also declined substantially from the previous fiscal year. - FY2023-Q3WorsenedAnnual report
「Total assets at the end of the third quarter of the current consolidated fiscal year increased by ¥4,651 million from the end of the previous consolidated fiscal year to ¥194,213 million. The main changes were an increase of ¥14,670 million in inventories and decreases of ¥7,968 million in cash and deposits and ¥1,444 million in notes and accounts receivable and contract assets.」
Cash and deposits decreased by ¥7,968 million from the end of the previous consolidated fiscal year. - FY2023-Q2WorsenedAnnual report
「Cash and cash equivalents (hereinafter, “funds”) totaled ¥37,157 million at the end of the second quarter of the current consolidated fiscal year, down ¥5,193 million from the end of the previous consolidated fiscal year.」
Cash and cash equivalents decreased by ¥5,193 million from the end of the previous consolidated fiscal year, while cash flows from operating activities declined from ¥5,434 million in the same period of the previous fiscal year to ¥2,128 million. - FY2023-Q1MitigatedAnnual report
「Cash and deposits 44,226 44,643」
Cash and deposits increased by ¥417 million, from ¥44,226 million at the end of the previous consolidated fiscal year to ¥44,643 million. A statement of cash flows has not been prepared for the cumulative first-quarter consolidated period. - FY2022-Q3MitigatedAnnual report
「Total assets at the end of the nine-month consolidated accounting period increased by ¥30,943 million from the end of the previous fiscal year to ¥177,331 million. The principal changes were increases of ¥18,908 million in cash and deposits, ¥1,850 million in notes receivable, accounts receivable and contract assets, ¥8,015 million in inventories and ¥4,354 million in buildings and structures, and a decrease of ¥2,231 million in construction in progress.」
Cash and deposits increased by ¥18,908 million from the end of the previous fiscal year, further improving the previous downward trend in cash balances. - FY2022-Q2MitigatedAnnual report
「Cash and cash equivalents (hereinafter, “funds”) amounted to ¥30,200 million at the end of the six-month consolidated accounting period, an increase of ¥15,718 million from the end of the previous fiscal year.」
Cash and cash equivalents increased by ¥15,718 million from the end of the previous fiscal year, while cash flow from operating activities also increased by ¥5,434 million. - FY2022-Q1WorsenedAnnual report
「The principal changes were decreases of ¥4,986 million in notes receivable, accounts receivable and contract assets and ¥2,252 million in cash and deposits, and an increase of ¥4,469 million in inventories.」
Cash and deposits decreased by ¥2,252 million from the end of the previous fiscal year. No statement of cash flows was prepared for the first-quarter consolidated period. - FY2021MitigatedAnnual report
「The increase in funds from operating activities was ¥3,358 million for the fiscal year, compared with an increase of ¥3,742 million in the previous fiscal year.」
Cash flow from operating activities remained positive, and cash and cash equivalents also increased by ¥449 million from the end of the previous fiscal year. - FY2021-Q3MitigatedAnnual report
「Total assets at the end of the nine-month consolidated accounting period increased by ¥6,955 million from the end of the previous fiscal year to ¥143,743 million. The principal changes were increases of ¥1,663 million in cash and deposits, ¥7,411 million in inventories, ¥1,780 million in land and ¥1,894 million in construction in progress, and a decrease of ¥5,533 million in notes and accounts receivable.」
Cash and deposits increased by ¥1,663 million from the end of the previous fiscal year, changing from the decrease in ending balances through the previous quarter to an increase. - FY2021-Q2Cash continues to decline; operating cash flow surplus narrowsAnnual report
「Cash and cash equivalents (hereinafter, “funds”) amounted to ¥12,135 million at the end of the six-month consolidated accounting period, a decrease of ¥1,896 million from the end of the previous fiscal year.」
Cash and cash equivalents decreased by ¥1,896 million from the end of the previous fiscal year. Cash flow from operating activities remained positive at ¥662 million, but was down from ¥2,963 million in the same period of the previous year. - FY2021-Q1MitigatedAnnual report
「Cash and deposits 14,425 14,498」
Cash and deposits increased by ¥73 million from ¥14,425 million at the end of the previous fiscal year to ¥14,498 million. No statement of cash flows was prepared for the first-quarter consolidated period. - FY2020MitigatedAnnual report
「Cash and cash equivalents (hereinafter, “funds”) amounted to ¥14,032 million at the end of the fiscal year, an increase of ¥4,771 million from the end of the previous fiscal year.」
Cash and cash equivalents increased from the end of the previous fiscal year, while cash flow from operating activities also increased by ¥3,742 million. This represents an improvement from the previous situation of declining cash balances and negative operating cash flow. - FY2020-Q3MitigatedAnnual report
「Total assets at the end of the nine-month consolidated accounting period increased by ¥11,122 million from the end of the previous fiscal year to ¥133,787 million. The principal changes were increases of ¥5,410 million in cash and deposits and ¥8,687 million in inventories, and a decrease of ¥6,538 million in notes and accounts receivable.」
Cash and deposits increased by ¥5,410 million from the end of the previous fiscal year, changing from the decrease in ending balances through the previous quarter to an increase. - FY2020-Q2Cash continues to decline; operating cash flow surplus narrowsAnnual report
「Cash and cash equivalents (hereinafter, “funds”) amounted to ¥8,570 million at the end of the six-month consolidated accounting period, a decrease of ¥691 million from the end of the previous fiscal year.」
Cash and cash equivalents decreased by ¥691 million from the end of the previous fiscal year. Cash flow from operating activities remained positive at ¥2,963 million, but was down from ¥3,229 million in the same period of the previous year. - FY2020-Q1MitigatedAnnual report
「The principal changes were an increase of ¥700 million in cash and deposits, a decrease of ¥10,494 million in notes and accounts receivable, and an increase of ¥6,622 million in inventories.」
Cash and deposits increased by ¥700 million from the end of the previous fiscal year, representing an improvement from the previous downward trend in cash balances. No statement of cash flows was prepared for the first-quarter consolidated period. - FY2019Operating cash flow remains positive; cash decreasesAnnual report
「The increase in funds from operating activities was ¥4,757 million for the fiscal year, compared with an increase of ¥6,524 million in the previous fiscal year.」
Cash flow from operating activities remained positive, but the increase was smaller than in the previous fiscal year. Cash and cash equivalents decreased by ¥552 million, leaving an ending balance of ¥9,261 million. - FY2019-Q3MitigatedAnnual report
「Total assets at the end of the nine-month consolidated accounting period increased by ¥4,523 million from the end of the previous fiscal year to ¥119,153 million. The principal changes were increases of ¥510 million in cash and deposits and ¥11,712 million in inventories, and a decrease of ¥5,808 million in notes and accounts receivable.」
Cash and deposits increased by ¥510 million from the end of the previous fiscal year, representing an improvement from the previous downward trend in cash balances. However, no quarterly consolidated statement of cash flows was prepared. - FY2019-Q2Cash continues to decline; operating cash flow increasesAnnual report
「Cash and cash equivalents (hereinafter, “funds”) amounted to ¥9,377 million for the six-month period ended [current second quarter], a decrease of ¥436 million from the end of the previous fiscal year.」
Cash and cash equivalents decreased by ¥436 million from the end of the previous fiscal year, while cash flow from operating activities increased by ¥3,229 million, up from ¥1,369 million in the same period of the previous year. - FY2019-Q1MitigatedAnnual report
「The principal changes were an increase of ¥234 million in cash and deposits, a decrease of ¥9,855 million in notes and accounts receivable, and an increase of ¥4,603 million in inventories.」
Cash and deposits increased by ¥234 million from the end of the previous fiscal year, marking a change from the previous downward trend in cash balances. No statement of cash flows was prepared for the first quarter. - FY2018MitigatedAnnual report
「The increase in funds from operating activities was ¥6,524 million for the fiscal year, compared with a decrease of ¥573 million in the previous fiscal year.」
Cash flow from operating activities changed from a decrease in the previous fiscal year to an increase of ¥6,524 million, while cash and cash equivalents also increased by ¥393 million from the end of the previous fiscal year. - FY2018-Q3MitigatedAnnual report
「Total assets at the end of the nine-month consolidated accounting period increased by ¥4,267 million from the end of the previous fiscal year to ¥113,312 million. The principal changes were increases of ¥1,289 million in cash and deposits and ¥6,869 million in inventories, and a decrease of ¥3,889 million in notes and accounts receivable.」
Cash and deposits increased by ¥1,289 million from the end of the previous fiscal year. No statement of cash flows was prepared for the nine-month consolidated period. - FY2018-Q2Cash decreases; operating cash flow turns positiveAnnual report
「Cash and cash equivalents (hereinafter, “funds”) amounted to ¥8,310 million for the six-month period ended [current second quarter], a decrease of ¥1,110 million from the end of the previous fiscal year.」
Cash and cash equivalents decreased by ¥1,110 million from the end of the previous fiscal year, while cash flow from operating activities changed from a decrease of ¥2,281 million in the same period of the previous year to an increase of ¥1,369 million. - FY2018-Q1Cash continues to decline, but the decline narrowsAnnual report
「Total assets at the end of the first-quarter consolidated accounting period decreased by ¥6,644 million from the end of the previous fiscal year to ¥102,400 million. The principal changes were decreases of ¥222 million in cash and deposits and ¥10,596 million in notes and accounts receivable, and an increase of ¥4,888 million in inventories.」
Cash and deposits decreased by ¥222 million from the end of the previous fiscal year. No statement of cash flows was prepared for the first quarter. - FY2017WorsenedAnnual report
「Cash and cash equivalents (hereinafter, “funds”) amounted to ¥9,420 million at the end of the fiscal year, a decrease of ¥2,296 million from the end of the previous fiscal year. The decrease in funds from operating activities was ¥573 million for the fiscal year, compared with an increase of ¥8,137 million in the previous fiscal year.」
The decline in cash and cash equivalents continued for the full fiscal year, and cash flow from operating activities changed from an increase in the previous fiscal year to a decrease of ¥573 million. - FY2017-Q3Cash continues to decline, but the decline narrowsAnnual report
「Total assets at the end of the nine-month consolidated accounting period decreased by ¥1,533 million from the end of the previous fiscal year to ¥111,968 million. The principal changes were decreases of ¥4,041 million in notes and accounts receivable and ¥2,264 million in cash and deposits, and an increase of ¥5,540 million in inventories.」
Cash and deposits continued to decline, but the decrease from the end of the previous fiscal year was ¥2,264 million, compared with ¥4,464 million at the end of the second quarter. The third-quarter report does not newly disclose the amount of cash flow from operating activities. - FY2017-Q2First statedAnnual report
「Cash and cash equivalents (hereinafter, “funds”) amounted to ¥7,253 million for the six-month period ended [current second quarter], a decrease of ¥4,464 million from the end of the previous fiscal year.」
Cash and cash equivalents decreased by ¥4,464 million from the end of the previous fiscal year, while cash flow from operating activities also represented a decrease of ¥2,281 million.