Securing positive free cash flow every year
First written in FY2018-Q2. 5 of 14 entries say "Advanced", first in FY2018. Latest entry: FY2026.
The whole theme swung hardest in 2019: 1 of 6 companies on the "Worse" side.
0 other companies' latest entry also says "Softened".
- FY2026SoftenedAnnual report
「Free cash flow for the consolidated fiscal year was an outflow of ¥86.6 billion, an increase of ¥146.5 billion in outflows from the previous fiscal year.」
Against the previous target of achieving positive free cash flow every year, fiscal 2025 resulted in a deficit of ¥86.6 billion. Cash flow is treated as a management control metric, but positive free cash flow was not achieved for the year. - 2026-05-08OtherRevision of earnings forecasts
「Operating activities generated net cash inflow of ¥35.8 billion. This inflow was mainly attributable to income before income taxes and depreciation and amortization.” “Investing activities generated net cash outflow of ¥122.4 billion.」
Based on disclosed cash flow from operating activities of ¥35.8 billion and cash outflow from investing activities of ¥122.4 billion, free cash flow for the fiscal year ended March 2026 was approximately negative ¥86.7 billion. - FY2026-H1First-half cash flow deficitAnnual report
「Operating activities resulted in an outflow of ¥100.9 billion. Investing activities resulted in an outflow of ¥66.7 billion.」
In relation to the target of achieving positive free cash flow every year, both operating activities and investing activities resulted in net outflows in the first half. No statement was made on whether the full-year target would be achieved. - FY2025AdvancedAnnual report
「Free cash flow for the consolidated fiscal year was an inflow surplus of ¥59.9 billion, up ¥58.0 billion from the previous fiscal year.」
Regarding the target of achieving positive free cash flow every year, free cash flow was positive at ¥59.9 billion in fiscal 2024, up from ¥1.9 billion in the previous fiscal year. - FY2024AdvancedAnnual report
「Free cash flow for the consolidated fiscal year was an inflow surplus of ¥1.9 billion, down ¥118.6 billion from the previous fiscal year.」
Regarding the policy of achieving positive free cash flow every year, the company achieved positive free cash flow of ¥1.9 billion in fiscal 2023. The surplus narrowed from the previous fiscal year due to higher investment outlays. - FY2024-Q2Positive first-half free cash flowAnnual report
「Free cash flow for the cumulative second quarter of the consolidated fiscal year was ¥8.2 billion.」
Regarding the target of achieving positive free cash flow every year, free cash flow was positive at ¥8.2 billion in the first half. The surplus narrowed from ¥49.0 billion in the same period of the previous year. - FY2023-Q2AdvancedAnnual report
「Free cash flow for the cumulative second quarter of the consolidated fiscal year was ¥49.0 billion.」
Regarding the target of achieving positive free cash flow every year, free cash flow was positive at ¥49.0 billion for the cumulative second quarter of fiscal 2022, turning positive from a deficit in the same period of the previous year. Achievement of the full-year target has not yet been stated. - FY2022-Q2First-half free cash flow remains negativeAnnual report
「Free cash flow for the cumulative second quarter of the consolidated fiscal year was negative ¥64.2 billion.」
Against the target of achieving positive free cash flow every year, free cash flow was negative ¥64.2 billion for the cumulative second quarter. The deficit narrowed from the ¥192.1 billion deficit in the same period of the previous year, but free cash flow did not turn positive. - FY2021-Q2Widening first-half free cash flow deficitAnnual report
「Free cash flow for the cumulative second quarter of the consolidated fiscal year was negative ¥192.1 billion.」
Against the target of achieving positive free cash flow every year, free cash flow was negative ¥192.1 billion for the cumulative second quarter. No statement was made on whether the full-year target would be achieved. - FY2020Failure to achieve the full-year positive cash flow targetAnnual report
「Free cash flow for the consolidated fiscal year was an outflow of ¥86.9 billion, despite efforts to carefully screen investments and curb investment outlays, because the decline in cash inflows from operating activities due to lower revenue and profit was substantial. This represented an ¥88.1 billion increase in outflows year on year.」
Against the target of achieving positive free cash flow every year, fiscal 2019 resulted in an outflow of ¥86.9 billion, meaning that free cash flow was negative for the full year. - FY2020-Q2Negative free cash flow in the first halfAnnual report
「Free cash flow for the cumulative second quarter of the consolidated fiscal year was negative ¥81.1 billion.」
Against the target of achieving positive free cash flow every year, free cash flow was negative ¥81.1 billion for the cumulative second quarter. No explicit statement was made on whether the full-year target would be achieved. - FY2019AdvancedAnnual report
「Free cash flow for the consolidated fiscal year was ¥1.2 billion.」
Regarding the target of generating positive free cash flow every year while making proactive investments, the company achieved positive free cash flow of ¥1.2 billion in the fiscal year. - FY2018AdvancedAnnual report
「Free cash flow for the consolidated fiscal year was ¥22.5 billion.」
Regarding the target of generating positive free cash flow every year while making proactive investments, the company achieved positive free cash flow of ¥22.5 billion in fiscal 2017. - FY2018-Q2First statedAnnual report
「Meanwhile, even as we make these proactive investments, we will ensure positive free cash flow every year and strive to maintain a sound financial position.」
While expanding development and capital investment under the medium-term plan, the company has, for the first time, explicitly stated a target of generating positive free cash flow every year and maintaining a sound financial position.