Deterioration in Operating Cash Flow Due to Increased Inventories
First written in FY2022. 3 of 14 entries say "Worsened", first in FY2026-H1. Latest entry: FY2026.
Capita moved to the "Worse" side of this theme in 2026, 4 years after the typical company in this theme (2022).
The whole theme swung hardest in 2022: 39 of 141 companies on the "Worse" side.
33 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「Cash used in operating activities was ¥2,089 million. The main factor was a ¥2,057 million increase in inventories.」
The deterioration in operating cash flow due to higher inventories expanded significantly, resulting in cash used in operating activities of ¥2,089 million. - 2026-05-14WorsenedRevision of earnings forecasts
「The main factor was an increase of ¥2.032 billion in inventories.」
A substantial increase in inventories resulted in cash used in operating activities of ¥2.057 billion. - FY2026-H1WorsenedAnnual report
「Cash generated by operating activities decreased by ¥1,167 million from the previous interim accounting period to negative ¥644 million. The main factor was a ¥622 million increase in the change in inventories.」
Higher inventories weighed on operating cash flow, resulting in cash used in operating activities of ¥644 million. - FY2025MitigatedAnnual report
「Cash generated by operating activities was ¥575 million, compared with cash used of ¥22 million in the previous fiscal year. The main factor was a ¥584 million decrease in inventories.」
The deterioration in operating cash flow due to higher inventories reversed, and a ¥576 million inflow from operating activities was generated due to a ¥584 million decrease in inventories. - FY2025-H1MitigatedAnnual report
「Cash generated by operating activities decreased by ¥572 million from the previous interim accounting period to ¥523 million. The main factor was a ¥552 million decrease in the change in inventories.」
The deterioration in operating cash flow due to higher inventories reversed, and a ¥523 million inflow from operating activities was generated due to a decrease in inventories. - FY2024Continued operating cash outflows due to higher inventoriesAnnual report
「Cash used in operating activities was ¥22 million, compared with ¥187 million used in the previous fiscal year. The main factor was the recognition of a ¥123 million cash outflow due to an increase in inventories.」
Operating cash outflows due to higher inventories continued, but the outflow decreased from ¥187 million in the previous period to ¥22 million. - FY2024-Q3Continued increase in product inventoryAnnual report
「The main changes were a decrease of ¥242 million in cash and deposits, an increase of ¥121 million in merchandise, and an increase of ¥564 million in land.」
Product inventory increased by ¥121 million from the end of the previous fiscal year, and the increase in inventories continues. Land also increased by ¥564 million, changing the composition of assets. - FY2024-Q2Operating cash flow turned positive despite continued inventory growthAnnual report
「Cash generated by operating activities was ¥16 million, compared with cash used of ¥128 million in the cumulative period of the previous year. The main factor was a ¥217 million decrease in the change in inventories.」
While product balances have increased from the end of the previous fiscal year, cash flow from operating activities shifted from an outflow in the same period of the previous year to ¥16 million generated, mainly due to changes in inventories and other items. - FY2024-Q1Continued increase in product inventoryAnnual report
「The main changes were a ¥15 million decrease in trade receivables, a ¥27 million increase in products, and a ¥2 million decrease in investments and other assets.」
Products increased by ¥27 million from the end of the previous fiscal year, and inventories continue to increase. - FY2023Continued operating cash outflows due to higher inventoriesAnnual report
「Cash used in operating activities was ¥187 million, compared with ¥248 million used in the previous fiscal year. The main factor was the recognition of a ¥211 million cash outflow due to an increase in inventories.」
Operating cash outflows due to higher inventories have continued, with a ¥211 million outflow due to the increase in inventories recorded for the current period. - FY2023-Q3Continued increase in merchandise inventoryAnnual report
「The main changes were a ¥33 million decrease in cash and deposits, a ¥192 million increase in merchandise and a ¥22 million increase in security deposits.」
Product inventory increased by ¥192 million from the end of the previous fiscal year, and the increase in inventories continues. - FY2023-Q2Continued increase in merchandise inventoryAnnual report
「The main changes were an increase of ¥209 million in merchandise and an increase of ¥25 million in security deposits.」
Merchandise increased by ¥209 million from the end of the previous fiscal year, while cash used in operating activities due to the increase in inventories amounted to ¥129 million. - FY2023-Q1Sharp increase in merchandise inventoryAnnual report
「The main changes included increases of ¥22 million in cash and deposits, ¥187 million in merchandise and ¥24 million in security deposits.」
Merchandise increased by ¥187 million from the end of the previous fiscal year, and the increase in inventories continued. - FY2022First statedAnnual report
「Cash used in operating activities amounted to ¥248 million, compared with ¥90 million acquired in the previous fiscal year. The main factor was ¥323 million in cash used due to an increase in inventories.」
The increase in inventories resulted in ¥248 million of cash used in operating activities, mainly reflecting ¥323 million in cash used due to the increase in inventories.