Use of Cash for Operating Activities and Decline in Cash Balances Due to Increased Inventories
First written in FY2016-Q2. 20 of 40 entries say "Worsened", first in FY2016. Latest entry: 2026-10-09.
Tiemco moved to the "Worse" side of this theme in 2019, 3 years before the typical company in this theme (2022).
The whole theme swung hardest in 2022: 38 of 140 companies on the "Worse" side.
33 other companies' latest entry also says "Worsened".
- 2026-10-09WorsenedEarnings
「Current assets decreased by ¥369 million from the end of the previous fiscal year to ¥3,325 million, mainly due to a ¥51 million increase in electronically recorded monetary claims and a ¥175 million increase in inventories, offset by a ¥368 million decrease in cash and deposits and a ¥227 million decrease in notes and accounts receivable.」
Inventories increased by ¥175 million, while cash and deposits decreased by ¥368 million. - FY2026-H1WorsenedAnnual report
「Current assets decreased by ¥243 million from the end of the previous fiscal year to ¥3,451 million, mainly reflecting decreases of ¥454 million in cash and deposits and ¥33 million in notes and accounts receivable, despite increases of ¥49 million in electronically recorded receivables and ¥193 million in merchandise. Funds used in operating activities amounted to ¥418 million (funds used in the same interim period of the previous year: ¥99 million).」
Merchandise increased by ¥193 million, and funds used in operating activities increased from ¥99 million in the same period of the previous year to ¥418 million. Cash and deposits decreased by ¥454 million. However, cash and cash equivalents increased by ¥117 million due to the withdrawal of time deposits. - FY2025WorsenedAnnual report
「Funds used in operating activities amounted to ¥247 million (funds used in the same period of the previous year: ¥117 million). This mainly reflected increases in funds from depreciation of ¥63 million and a ¥69 million increase in trade payables, offset by decreases in funds from a pretax net loss of ¥87 million, a ¥93 million increase in trade receivables and a ¥219 million increase in inventories.」
Funds used in operating activities increased from ¥117 million to ¥247 million, while inventories increased by ¥219 million. Cash and cash equivalents also decreased by ¥77 million, intensifying the pressure on funds associated with the increase in inventories. - FY2025-H1WorsenedAnnual report
「Funds used in operating activities amounted to ¥99 million (funds used in the same interim period of the previous year: ¥174 million). This mainly reflected increases in funds from depreciation of ¥30 million and a ¥197 million increase in trade payables, offset by decreases in funds from a pretax interim net loss of ¥28 million, a ¥40 million increase in trade receivables, a ¥241 million increase in inventories, an ¥11 million decrease in other current liabilities and ¥4 million in corporate tax payments.」
Funds used in operating activities decreased from ¥174 million in the same period of the previous year to ¥99 million, but inventories increased by ¥241 million and cash and cash equivalents fell to ¥491 million at the end of the period. Pressure on funds involving higher inventories and lower cash continues. - FY2024WorsenedAnnual report
「Funds used in operating activities amounted to ¥117 million (funds generated in the same period of the previous year: ¥140 million). This mainly reflected increases in funds from depreciation of ¥77 million, a ¥10 million increase in the provision for retirement benefits, impairment losses of ¥26 million and an impairment loss on shares of affiliated companies of ¥29 million, offset by decreases in funds from a pretax net loss of ¥81 million, a ¥25 million increase in trade receivables and a ¥61 million increase in inventories.」
Cash flow from operating activities shifted from ¥140 million generated in the previous year to ¥117 million used, while inventories also increased by ¥61 million. Cash and cash equivalents decreased by ¥245 million to ¥643 million. - FY2024-Q2WorsenedAnnual report
「Funds used in operating activities amounted to ¥174 million (funds generated in the same quarter of the previous year: ¥5 million). This mainly reflected increases in funds from pretax quarterly net income of ¥20 million, depreciation of ¥35 million and an ¥89 million increase in trade payables, offset by decreases in funds from a ¥75 million increase in trade receivables, a ¥172 million increase in inventories, a ¥20 million decrease in accrued consumption taxes and other liabilities, a ¥31 million decrease in other current liabilities and ¥19 million in corporate tax payments.」
Cash flow from operating activities shifted from ¥5 million generated in the same period of the previous year to ¥174 million used, while inventories also increased by ¥172 million. Cash and cash equivalents decreased by ¥237 million from the end of the previous fiscal year. - FY2024-Q1WorsenedAnnual report
「Current assets increased by ¥35 million from the end of the previous fiscal year to ¥3,904 million. This was due to the effects of a ¥28 million decrease in cash and deposits, a ¥169 million decrease in notes and accounts receivable and an ¥18 million decrease in electronically recorded monetary claims, among other factors, partly offset by an increase of ¥248 million in merchandise due to seasonal factors and difficult sales conditions.」
Merchandise increased by ¥248 million, while cash and deposits decreased by ¥28 million. The combination of higher inventories and lower cash associated with difficulties in sales has re-emerged since the end of the previous period. - FY2023MitigatedAnnual report
「Funds generated from operating activities amounted to ¥140 million (funds generated in the same period of the previous year: ¥221 million).」
Although cash flow from operating activities decreased from the same period of the previous year, it remained positive. Inventories contributed ¥93 million to the increase in funds, and cash and cash equivalents increased by ¥6 million. - FY2023-Q3WorsenedAnnual report
「Current assets decreased by ¥368 million from the end of the previous fiscal year to ¥3,641 million, mainly reflecting decreases of ¥292 million in cash and deposits, ¥137 million in notes and accounts receivable and ¥99 million due to the redemption of securities, despite increases of ¥65 million in electronically recorded receivables, ¥82 million in merchandise and ¥15 million in advances included in other assets.」
Merchandise increased by ¥82 million, while cash and deposits decreased by ¥292 million, with pressure on funds involving higher inventories and lower cash re-emerging. - FY2023-Q2WorsenedAnnual report
「Funds generated from operating activities amounted to ¥5 million (funds generated in the same quarter of the previous year: ¥105 million). This mainly reflected increases in funds from pretax quarterly net income of ¥124 million, depreciation of ¥30 million and a ¥199 million increase in trade payables, offset by decreases in funds from a ¥104 million increase in trade receivables, a ¥192 million increase in inventories, an ¥8 million decrease in accrued consumption taxes and other liabilities, a ¥34 million decrease in other current liabilities and ¥9 million in corporate tax payments.」
Funds generated from operating activities decreased from ¥105 million in the same period of the previous year to ¥5 million, while inventories also increased by ¥192 million. Cash and deposits decreased by ¥47 million from the end of the previous fiscal year, with pressure on funds due to the increase in inventories re-emerging. - FY2023-Q1MitigatedAnnual report
「Current assets decreased by ¥77 million from the end of the previous fiscal year to ¥3,932 million. This was due to the effects of a ¥146 million decrease in notes and accounts receivable, a ¥22 million decrease in electronically recorded monetary claims and a ¥99 million decrease in marketable securities, among other factors, partly offset by increases of ¥77 million in cash and deposits and ¥100.13 million in merchandise due to seasonal factors.」
Although merchandise increased due to seasonal factors, cash and deposits increased by ¥77 million, easing the pressure on cash associated with the increase in inventories compared with previous periods. - FY2022MitigatedAnnual report
「Funds generated from operating activities amounted to ¥221 million (funds generated in the same period of the previous year: ¥195 million). This mainly reflected increases in funds from pretax net income of ¥123 million, depreciation of ¥61 million, a ¥149 million increase in trade payables and a ¥55 million increase in other current liabilities, offset by decreases in funds from a ¥41 million increase in trade receivables, a ¥10 million increase in inventories, a ¥47 million increase in accrued consumption taxes and other liabilities, a ¥38 million increase in other current assets and ¥28 million in corporate tax payments.」
Cash flow from operating activities increased from ¥195 million to ¥221 million, while the increase in inventories was limited to ¥10 million. Cash and cash equivalents also stood at ¥882 million at the end of the period, easing the pressure on funds due to the increase in inventories. - FY2022-Q3MitigatedAnnual report
「Current assets decreased by ¥14 million from the end of the previous fiscal year to ¥3,634 million, mainly reflecting decreases of ¥14 million in cash and deposits, ¥94 million in notes and accounts receivable and ¥12 million in merchandise, partly offset by increases of ¥75 million in electronically recorded receivables and ¥35 million in return assets included in other assets.」
Cash and deposits decreased by ¥14 million, while merchandise decreased by ¥12 million. Pressure on funds mainly caused by the increase in inventories appears to have eased compared with previous periods. - FY2022-Q2MitigatedAnnual report
「Funds generated from operating activities amounted to ¥105 million (funds used in the same quarter of the previous year: ¥43 million). This mainly reflected increases in funds from pretax quarterly net income of ¥78 million, depreciation of ¥26 million and a ¥306 million increase in trade payables, offset by decreases in funds from a ¥116 million increase in trade receivables, a ¥90 million increase in inventories and a ¥55 million decrease in accrued consumption taxes and other liabilities.」
Cash flow from operating activities shifted from ¥43 million used in the same period of the previous year to ¥105 million generated. Inventories increased by ¥90 million, but cash and cash equivalents increased by ¥68 million from the end of the previous fiscal year, easing the pressure on funds. - FY2022-Q1MitigatedAnnual report
「Current assets decreased by ¥10 million from the end of the previous fiscal year to ¥3,638 million, mainly reflecting a ¥149 million decrease in notes and accounts receivable, despite increases of ¥68 million in cash and deposits, ¥12 million in merchandise due to seasonal factors and ¥53 million in return assets included in other assets.」
The seasonal increase in merchandise was limited to ¥12 million, while cash and deposits increased by ¥68 million. Pressure on cash associated with the increase in inventories has eased compared with previous periods. - FY2021MitigatedAnnual report
「Funds generated from operating activities amounted to ¥195 million (funds used in the same period of the previous year: ¥272 million). This mainly reflected increases in funds from depreciation of ¥51 million, a ¥25 million decrease in trade receivables, a ¥199 million decrease in inventories and a ¥59 million increase in accrued consumption taxes and other liabilities, offset by decreases in funds from a ¥4 million decrease in the provision for returns, a ¥4 million decrease in the provision for store closure losses, a ¥20 million gain on the sale of investment securities and a ¥108 million decrease in trade payables.」
Cash flow from operating activities shifted from ¥272 million used in the previous year to ¥195 million generated, while inventories also decreased by ¥199 million. Cash and cash equivalents increased by ¥51 million. - FY2021-Q3MitigatedAnnual report
「Current assets decreased by ¥340 million from the end of the previous fiscal year to ¥3,492 million, mainly reflecting decreases of ¥86 million in cash and deposits, ¥120 million in notes and accounts receivable, ¥9 million in securities and ¥108 million in merchandise.」
Cash and deposits decreased by ¥86 million, while merchandise decreased by ¥108 million, easing the pressure on funds previously driven mainly by the increase in inventories. - FY2021-Q2MitigatedAnnual report
「Funds used in operating activities amounted to ¥43 million (funds used in the same quarter of the previous year: ¥313 million).」
Funds used in operating activities decreased from ¥313 million in the same period of the previous year to ¥43 million, while the increase in inventories was limited to ¥4 million, easing the pressure on funds associated with the increase in inventories. - FY2021-Q1RestatedAnnual report
「Current assets decreased by ¥91 million from the end of the previous fiscal year to ¥3,741 million. This was due to the effects of a ¥131 million decrease in notes and accounts receivable, an ¥11 million decrease in consumption taxes receivable, a ¥9 million decrease in marketable securities and a ¥3 million decrease in cash and deposits, among other factors, partly offset by an increase of ¥64 million in merchandise and finished goods due to seasonal factors.」
Against a seasonal increase of ¥64 million in merchandise and finished goods, cash and deposits decreased by ¥3 million. Although the combination of higher inventories and lower cash continues, no further deterioration is indicated compared with the substantial use of funds in the previous period. - FY2020WorsenedAnnual report
「Funds used in operating activities amounted to ¥272 million (funds used in the same period of the previous year: ¥35 million). This mainly reflected increases in funds from depreciation of ¥70 million and impairment losses of ¥57 million, offset by decreases in funds from a pretax net loss of ¥212 million, a ¥120 million increase in inventories, payments of ¥35 million for losses related to temporary closures and other matters, and a ¥30 million increase in trade receivables.」
Funds used in operating activities increased from ¥35 million in the previous year to ¥272 million, while inventories also increased by ¥120 million. Pressure on funds due to the increase in inventories and the losses incurred continues. - FY2020-Q3WorsenedAnnual report
「Funds used in operating activities amounted to ¥313 million (funds used in the same quarter of the previous year: ¥64 million). This mainly reflected increases in funds from a ¥164 million decrease in trade receivables, a ¥66 million increase in trade payables and depreciation of ¥28 million, offset by decreases in funds from a pretax quarterly net loss of ¥143 million, a ¥351 million increase in inventories and a ¥54 million decrease in accrued consumption taxes and other liabilities.」
Funds used in operating activities increased from ¥64 million in the same period of the previous year to ¥313 million, while inventories increased by ¥351 million. Cash and cash equivalents also decreased by ¥582 million from the end of the previous fiscal year. - FY2020-Q2WorsenedAnnual report
「Funds used in operating activities amounted to ¥313 million (funds used in the same quarter of the previous year: ¥64 million). This mainly reflected increases in funds from a ¥164 million decrease in trade receivables, a ¥66 million increase in trade payables and depreciation of ¥28 million, offset by decreases in funds from a pretax quarterly net loss of ¥143 million, a ¥351 million increase in inventories and a ¥54 million decrease in accrued consumption taxes and other liabilities.」
Funds used in operating activities increased from ¥64 million in the same period of the previous year to ¥313 million, while inventories increased by ¥351 million. Cash and cash equivalents also decreased by ¥379 million from the end of the previous fiscal year to ¥190 million. - FY2020-Q1WorsenedAnnual report
「Current assets decreased by ¥98 million from the end of the previous fiscal year to ¥3,948 million. This was due to the effects of a ¥123 million decrease in cash and deposits and a ¥170 million decrease in notes and accounts receivable, among other factors, partly offset by an increase of ¥183 million in merchandise and finished goods due to seasonal factors.」
Merchandise and finished goods increased by ¥183 million, while cash and deposits decreased by ¥123 million, with pressure on funds due to the increase in inventories re-emerging. - FY2019WorsenedAnnual report
「Cash and cash equivalents (hereinafter, “funds”) at the end of the fiscal year decreased by ¥214 million from the end of the previous fiscal year to ¥569 million. Funds used in operating activities amounted to ¥35 million (funds generated in the same period of the previous year: ¥270 million).」
Cash flow from operating activities shifted from ¥270 million generated in the previous year to ¥35 million used, while cash and cash equivalents also decreased by ¥214 million. - FY2019-Q3WorsenedAnnual report
「Current assets decreased by ¥392 million from the end of the previous fiscal year to ¥3,818 million, mainly reflecting decreases of ¥453 million in cash and deposits and ¥26 million in notes and accounts receivable, partly offset by an ¥87 million increase in merchandise.」
Cash and deposits decreased by ¥453 million against an ¥87 million increase in merchandise, with pressure on funds associated with the increase in inventories increasing again. - FY2019-Q2WorsenedAnnual report
「Funds used in operating activities amounted to ¥64 million (funds generated in the same quarter of the previous year: ¥64 million). This mainly reflected increases in funds from a ¥143 million increase in trade payables, pretax quarterly net income of ¥41 million and depreciation of ¥36 million, offset by decreases in funds from a ¥36 million increase in trade receivables, a ¥208 million increase in inventories, an ¥18 million decrease in accrued consumption taxes and other liabilities, and a ¥20 million decrease in the provision for returns.」
Cash flow from operating activities shifted from ¥64 million generated in the same period of the previous year to ¥64 million used, while inventories also increased by ¥208 million. Cash and cash equivalents decreased by ¥122 million from the end of the previous fiscal year. - FY2019-Q1WorsenedAnnual report
「Current assets decreased by ¥129 million from the end of the previous fiscal year to ¥4,081 million. This was due to the effects of a ¥125 million decrease in cash and deposits and a ¥115 million decrease in notes and accounts receivable, among other factors, partly offset by an increase of ¥113 million in merchandise and finished goods due to seasonal factors.」
In addition to the seasonal increase in merchandise and finished goods, cash and deposits decreased by ¥125 million, with pressure on funds due to the increase in inventories re-emerging. - FY2018MitigatedAnnual report
「Cash and cash equivalents (hereinafter, “funds”) at the end of the fiscal year increased by ¥187 million from the end of the previous fiscal year to ¥783 million, due to an increase in cash flow from operating activities despite decreases in cash flow from investing and financing activities.」
Cash flow from operating activities generated ¥270 million, increasing cash and cash equivalents by ¥187 million. Inventories also decreased by ¥22 million, easing the pressure on funds. - FY2018-Q3MitigatedAnnual report
「Current assets decreased by ¥253 million from the end of the previous fiscal year to ¥3,915 million, mainly reflecting decreases of ¥100 million due to securities reaching maturity and other factors, ¥54 million in notes and accounts receivable, ¥51 million in merchandise and finished goods, and ¥47 million in cash and deposits.」
Merchandise and finished goods decreased by ¥51 million, easing the pressure on funds caused by the increase in inventories. Cash and deposits, however, decreased by ¥47 million. - FY2018-Q2MitigatedAnnual report
「Cash and cash equivalents (hereinafter, “funds”) during the second quarter accounting period increased by ¥110 million from the end of the previous fiscal year to ¥707 million.」
Merchandise and finished goods increased by ¥55 million due to seasonal factors, and inventories related to operating activities increased by ¥58 million, but ¥64 million in funds was generated from operating activities and cash and cash equivalents also increased by ¥110 million. - FY2018-Q1MitigatedAnnual report
「Current assets decreased by ¥135 million from the end of the previous fiscal year to ¥4,034 million, mainly reflecting decreases of ¥100 million due to securities reaching maturity and other factors and ¥92 million in notes and accounts receivable, partly offset by an increase of ¥60 million in merchandise and finished goods due to seasonal factors.」
Although the seasonal increase in merchandise and finished goods continued, cash and deposits edged up from ¥2,031 million at the end of the previous fiscal year to ¥2,036 million, easing the situation involving a decline in cash due to the increase in inventories. - FY2017MitigatedAnnual report
「Funds generated from operating activities amounted to ¥182 million (funds used in the same period of the previous year: ¥201 million). This mainly reflected increases in funds from depreciation of ¥79 million, a ¥57 million decrease in inventories, a ¥29 million increase in trade payables and a ¥25 million increase in accrued consumption taxes and other liabilities.」
Cash flow from operating activities shifted from ¥201 million used in the previous year to ¥182 million generated, while inventories also decreased by ¥57 million. Cash and cash equivalents increased to ¥596 million. - FY2017-Q3MitigatedAnnual report
「Current assets decreased by ¥84 million from the end of the previous fiscal year to ¥4,131 million, mainly reflecting increases of ¥367 million in cash and deposits, ¥46 million in merchandise and finished goods due to seasonal factors, and ¥100 million from the transfer of investment securities to securities because their maturity fell within one year, offset by a decrease of ¥600 million due to securities reaching maturity and other factors.」
Merchandise and finished goods increased by ¥46 million due to seasonal factors, but cash and deposits increased by ¥367 million, easing the situation involving a decline in cash. - FY2017-Q2MitigatedAnnual report
「Funds generated from operating activities amounted to ¥2 million (funds used in the same quarter of the previous year: ¥251 million).」
Cash flow from operating activities shifted from ¥251 million used in the same period of the previous year to ¥2 million generated, while cash and cash equivalents also increased by ¥47 million from the end of the previous fiscal year. Inventories increased by ¥162 million, but the situation involving a decline in cash eased. - FY2017-Q1MitigatedAnnual report
「Current assets increased by ¥18 million from the end of the previous fiscal year to ¥4,235 million, mainly reflecting increases of ¥329 million in cash and deposits, ¥164 million in merchandise and finished goods due to seasonal factors, and ¥100 million from the transfer of investment securities to securities because their maturity fell within one year. These increases were partly offset by decreases of ¥500 million due to securities reaching maturity and ¥85 million in notes and accounts receivable.」
Although the seasonal increase in merchandise and finished goods continued, cash and deposits increased by ¥329 million from the end of the previous fiscal year, easing the situation involving a decline in cash. - FY2016WorsenedAnnual report
「Cash and cash equivalents (hereinafter, “funds”) at the end of the fiscal year decreased by ¥169 million from the end of the previous fiscal year to ¥394 million, despite an increase in cash flow from investing activities, due to decreases in cash flow from operating and financing activities. Funds used in operating activities amounted to ¥201 million (funds used in the same period of the previous year: ¥4 million). This mainly reflected increases in funds from depreciation of ¥74 million and a ¥46 million decrease in trade receivables, offset by decreases in funds from a pretax net loss of ¥11 million, a ¥185 million increase in inventories and a ¥120 million decrease in trade payables.」
Funds used in operating activities increased from ¥4 million in the previous year to ¥201 million, while inventories also increased by ¥185 million. Cash and cash equivalents decreased by ¥169 million from the end of the previous fiscal year, indicating that the situation continued to deteriorate. - FY2016-Q3RestatedAnnual report
「Current assets increased by ¥192 million from the end of the previous fiscal year to ¥4,240 million. This reflected increases of ¥275 million in merchandise and finished goods due to seasonal factors and ¥300 million from the transfer of investment securities whose maturity fell within one year, among other factors, partly offset by decreases of ¥224 million in cash and deposits, ¥62 million in notes and accounts receivable and ¥100 million from the transfer of negotiable deposits included in marketable securities to ordinary time deposits.」
Merchandise and finished goods increased by ¥275 million due to seasonal factors, while cash and deposits decreased by ¥224 million, indicating that the pattern of higher inventories and lower cash is continuing. - FY2016-Q2First statedAnnual report
「Cash used in operating activities amounted to ¥251 million (¥92 million used in the same quarter of the previous year). This was mainly due to a decrease in cash resulting from a ¥251 million increase in inventories, a ¥50 million increase in trade receivables and a ¥12 million decrease in consumption taxes payable, partly offset by increases in cash from a ¥45 million increase in trade payables, ¥35 million in depreciation and amortization and ¥17 million in profit before income taxes for the quarter.」
¥251 million was used in operating activities, mainly due to higher inventories, while cash and cash equivalents also decreased by ¥299 million from the end of the previous fiscal year.