Inventory Optimization and Review of Cash-Generating Capacity
First written in FY2020. 7 of 17 entries say "Worsened", first in FY2023-Q2. Latest entry: 2026-08-04.
Mazda Motor moved to the "Worse" side of this theme in 2025, 1 year before the typical company in this theme (2026).
The whole theme swung hardest in 2018: 2 of 21 companies on the "Worse" side.
4 other companies' latest entry also says "Worsened".
- 2026-08-04WorsenedEarnings
「営業活動によるキャッシュ・フローは、税金等調整前四半期純利益399億円に対し、棚卸資産の増加等により、406億円の減少(前年同期は1,411億円の減少)となりました。」
営業キャッシュ・フローは前年同期より改善したものの、棚卸資産は前年度末の6,961億円から7,537億円へ増加し、在庫適正化の面では悪化が続いた。 - FY2026WorsenedAnnual report
「Cash flows from operating activities increased by ¥200 million, compared with pretax income of ¥59.4 billion, due to an increase in accounts receivable and corporate income tax payments, among other factors, versus an increase of ¥305.6 billion in the previous fiscal year.」
Operating cash flow fell sharply from an increase of ¥305.6 billion in the previous fiscal year to an increase of ¥200 million. Inventories also increased from ¥659.2 billion at the end of the previous fiscal year to ¥696.1 billion. - FY2026-H1WorsenedAnnual report
「Cash flows from operating activities decreased by ¥197.9 billion, due to pretax interim loss of ¥43.6 billion and an increase in inventories and other factors, versus an increase of ¥50.7 billion in the same period of the previous year.」
Inventories increased from ¥659.1 billion at the end of the previous fiscal year to ¥698.4 billion, while operating cash flow turned from an increase of ¥50.7 billion in the same period of the previous year to a decrease of ¥197.9 billion. Inventory optimization and cash-generation capacity deteriorated from the recent improvement trend. - FY2025Lower Inventories and Higher Operating Cash FlowAnnual report
「Cash flows from operating activities increased by ¥305.6 billion, due to pretax income of ¥155.8 billion and an increase in trade payables and other factors, versus an increase of ¥418.9 billion in the previous fiscal year.」
Inventories decreased from ¥680.5 billion at the end of the previous fiscal year to ¥659.2 billion, while operating cash flow increased by ¥305.6 billion. Inventories turned lower after continuing to increase in the most recent disclosure. - FY2024-Q3Inventories increased, and operating cash flow also increasedAnnual report
「Cash flows from operating activities increased by ¥210.0 billion, due mainly to pretax quarterly income and other items totaling ¥235.3 billion, versus an increase of ¥49.7 billion in the same period of the previous year.」
Operating cash flow increased from ¥49.7 billion in the same period of the previous year to ¥210.0 billion. Meanwhile, inventories increased from ¥670.9 billion at the end of the previous fiscal year to ¥737.5 billion, with higher inventory balances coexisting with improved cash generation. - FY2024-Q2Inventories increased, and operating cash flow also increasedAnnual report
「Cash flows from operating activities increased by ¥165.1 billion, compared with pretax quarterly income and other items totaling ¥177.2 billion, versus a decrease of ¥600 million in the same period of the previous year.」
Operating cash flow turned from a decrease of ¥600 million in the same period of the previous year to an increase of ¥165.1 billion. Meanwhile, inventories increased from ¥670.9 billion at the end of the previous fiscal year to ¥721.0 billion. - FY2024-Q1Inventories continued to increase, while operating cash flow recoveredAnnual report
「Cash flows from operating activities increased by ¥28.4 billion, compared with pretax quarterly income of ¥63.2 billion, due mainly to a decrease in trade payables and other factors, versus a decrease of ¥132.5 billion in the same period of the previous year.」
Operating cash flow recovered from a decrease of ¥132.5 billion in the same period of the previous year to an increase of ¥28.4 billion. Meanwhile, inventories increased from ¥670.9 billion at the end of the previous fiscal year to ¥700.2 billion. - FY2023WorsenedAnnual report
「Cash flows from operating activities increased by ¥137.4 billion, compared with pretax income of ¥170.0 billion, due mainly to an increase in inventories and other factors, versus an increase of ¥189.2 billion in the previous fiscal year.」
Operating cash flow continued to increase, although the increase in inventories remained a negative factor. The inventory balance increased from just under ¥400.0 billion to ¥670.9 billion. - FY2023-Q3Inventories continued to increase, while operating cash flow recoveredAnnual report
「Cash flows from operating activities increased by ¥49.7 billion, compared with pretax quarterly income of ¥122.4 billion, due mainly to an increase in inventories and other factors, versus a decrease of ¥11.7 billion in the same period of the previous year.」
Operating cash flow recovered from a decrease of ¥11.7 billion in the same period of the previous year to an increase of ¥49.7 billion, while inventories increased from ¥399.9 billion at the end of the previous consolidated fiscal year to ¥624.9 billion, indicating that inventories continued to rise. - FY2023-Q2Higher inventories and continued decline in operating cash flowAnnual report
「Cash flows from operating activities decreased by ¥600 million, compared with pretax quarterly income of ¥109.3 billion, due mainly to an increase in inventories and other factors, versus an increase of ¥37.0 billion in the same period of the previous year.」
Due mainly to an increase in inventories and other factors, operating cash flow turned from an increase of ¥37.0 billion in the same period of the previous year to a decrease of ¥600 million. Inventories increased from ¥399.9 billion at the end of the previous consolidated fiscal year to ¥570.3 billion. - FY2023-Q1Higher inventories and deterioration in operating cash flowAnnual report
「Cash flows from operating activities decreased by ¥132.5 billion, compared with pretax quarterly income of ¥20.3 billion, due mainly to an increase in inventories and other factors, versus an increase of ¥22.3 billion in the same period of the previous year.」
Due mainly to an increase in inventories and other factors, cash flows from operating activities turned from an increase of ¥22.3 billion in the same period of the previous year to a decrease of ¥132.5 billion, indicating deterioration in inventory and cash-generation conditions. - FY2022-Q3RestatedAnnual report
「The United States achieved sales of 249 thousand units, up 18.0% year on year and the highest level for a cumulative third-quarter consolidated period since 1995, by continuing to focus product supply on models such as the CX-5 and MAZDA CX-30 that maintained strong sales, as well as continuing efficient inventory management.」
The Company continues to supply products to strong markets and manage inventory efficiently. U.S. sales increased 18.0% year on year. - FY2022-Q2AdvancedAnnual report
「Global unit sales for the first six months of the consolidated fiscal year increased 14.1% year on year to 660 thousand units, as the company prioritized product supply to markets with strong sales, including the United States, and implemented thorough, efficient inventory management and operations in response to production constraints caused by semiconductor shortages and other factors.」
The Company implemented thorough, efficient inventory management and operations and prioritized supply to markets with strong sales. Inventories decreased from ¥433.049 billion at the end of the previous fiscal year to ¥366.910 billion, while cash and cash equivalents increased by ¥75.1 billion. - FY2020First statedAnnual report
「Improve the quantity and quality of inventory, increase sales, and reassess cash-generation capacity.」
As a priority initiative following the COVID-19 pandemic, the Company newly presented measures to improve inventory quantity and quality, expand sales, and reassess cash-generation capacity as an integrated effort.