Cash Management Through Maintaining Liquidity
First written in FY2016. 17 of 30 entries say "Worsened", first in FY2017. Latest entry: FY2027-H1.
Sanyo Shokai moved to the "Worse" side of this theme in 2018, 7 years before the typical company in this theme (2025).
7 other companies' latest entry also says "Worsened".
- FY2027-H1WorsenedAnnual report
「Cash and cash equivalents during the interim consolidated accounting period amounted to ¥14.8 billion, a decrease of ¥3.692 billion from the end of the previous consolidated fiscal year.」
Cash and cash equivalents decreased from ¥18.492 billion at the end of the previous fiscal year to ¥14.8 billion. Cash flow from operating activities was also an outflow of ¥967 million, an improvement from the ¥2.164 billion outflow in the same period of the previous year, but cash outflows continued. - 2026-10-06WorsenedEarnings
「これは現金及び預金が41億９千２百万円、売掛金が７億８百万円、投資有価証券が10億８千３百万円それぞれ減少したこと等によるものであります。」
現金及び預金が前連結会計年度末から41億9,200万円減少し、手許流動性が低下している。 - FY2026WorsenedAnnual report
「Cash flow from operating activities was an inflow of ¥995 million, compared with an inflow of ¥2.681 billion in the previous consolidated fiscal year.」
Regarding liquidity management, operating cash flow decreased from an inflow of ¥2.681 billion in the previous year to ¥995 million, and cash and cash equivalents also decreased by ¥1.041 billion from the end of the previous fiscal year to ¥18.492 billion. - FY2026-H1WorsenedAnnual report
「Cash flow from operating activities during the interim consolidated accounting period was an outflow of ¥2.164 billion, compared with an inflow of ¥874 million in the same period of the previous year, mainly due to an outflow of ¥660 million resulting from an increase in long-term prepaid expenses and an outflow of ¥1.432 billion resulting from a decrease in trade payables.」
Operating cash flow turned from an inflow of ¥874 million in the same period of the previous year to an outflow of ¥2.164 billion. Cash and cash equivalents also decreased by ¥1.953 billion from the end of the previous fiscal year to ¥17.580 billion. - FY2025MitigatedAnnual report
「Cash flow from operating activities was an inflow of ¥2.681 billion, compared with an inflow of ¥4.419 billion in the previous consolidated fiscal year. As a result, cash and cash equivalents increased by ¥431 million from the end of the previous consolidated fiscal year to ¥19.534 billion.」
Although operating cash flow decreased from the previous year, the company generated an inflow of ¥2.681 billion, and cash and cash equivalents increased by ¥431 million from the end of the previous fiscal year to ¥19.534 billion. - FY2025-H1WorsenedAnnual report
「Cash and cash equivalents during the interim consolidated accounting period amounted to ¥18.817 billion, a decrease of ¥286 million from the end of the previous consolidated fiscal year.」
Cash flow from operating activities was an inflow of ¥874 million, exceeding the same period of the previous year, while cash and cash equivalents decreased by ¥286 million from the end of the previous consolidated fiscal year. - FY2024MitigatedAnnual report
「Cash flow from operating activities for the consolidated fiscal year was an inflow of ¥4.419 billion, compared with an inflow of ¥4.215 billion in the previous consolidated fiscal year. As a result, cash and cash equivalents increased by ¥687 million from the end of the previous consolidated fiscal year to ¥19.103 billion.」
The company continued to generate positive operating cash flow, which increased from ¥4.215 billion in the previous fiscal year to ¥4.419 billion. Cash and cash equivalents also increased by ¥687 million from the end of the previous fiscal year to ¥19.103 billion. - FY2024-Q3WorsenedAnnual report
「This was mainly due to increases of ¥1.846 billion in accounts receivable, ¥973 million in merchandise and finished goods, and ¥2.210 billion in investment securities, despite a ¥1.567 billion decrease in cash and deposits.」
Cash and deposits decreased by ¥1.567 billion from the end of the previous consolidated fiscal year. Although profit continued to be recorded, liquidity on hand was trending downward. - FY2024-Q2WorsenedAnnual report
「Cash and cash equivalents during the cumulative second quarter amounted to ¥16.217 billion, a decrease of ¥2.198 billion from the end of the previous consolidated fiscal year.」
Cash and cash equivalents decreased by ¥2.198 billion from the end of the previous consolidated fiscal year to ¥16.217 billion. Meanwhile, cash flow from operating activities was an inflow of ¥756 million, improving from ¥155 million in the same period of the previous year. - FY2023AdvancedAnnual report
「Amid changes in funding during the current fiscal year, the achievement of an operating profit for the first time in 7 fiscal years since the consolidated fiscal year ended December 2015, together with the recording of final profit exceeding ¥2 billion, substantially improved the underlying components of operating cash flow. As a result, operating cash flow was positive by more than ¥4 billion.」
The filing states that operating cash flow turned from negative in the previous fiscal year to an inflow of ¥4.215 billion as a result of working-capital management, reductions in carried-over inventory and increases in trade payables, among other factors. - FY2023-Q3AdvancedAnnual report
「Under these circumstances, as of the end of November 2022, the company had completed the refinancing of ¥5 billion in borrowings whose repayment date had arrived with its principal financial institutions.」
The filing states that, as of the end of November 2022, the company had completed the refinancing of ¥5 billion in borrowings that had reached maturity as part of its liquidity management. Meanwhile, cash and deposits had decreased by ¥1.618 billion from the end of the previous consolidated fiscal year. - FY2023-Q2AdvancedAnnual report
「Under these circumstances, as of the end of August 2022, the company continued to maintain stable borrowings totalling ¥6.8 billion from financial institutions.」
The filing states that, as of the end of August 2022, the company continued to have total borrowings of ¥6.8 billion from financial institutions. In addition, cash flow from operating activities during the cumulative second quarter was an inflow of ¥155 million, turning positive from an outflow of ¥4.201 billion in the same period of the previous year. - FY2023-Q1AdvancedAnnual report
「Under these circumstances, as of the end of May 2022, the company had completed the refinancing of ¥800 million in long-term borrowings and ¥5 billion in short-term borrowings from financial institutions.」
The filing states that, as of the end of May 2022, the company had completed the refinancing of ¥800 million in long-term borrowings and ¥5 billion in short-term borrowings as part of its liquidity management. - FY2022MitigatedAnnual report
「As described above, the company is advancing financial stabilisation capable of withstanding the impact of COVID-19 through refinancing borrowings, procurement reforms, improvements in the gross profit margin through sales activities, and reductions in selling, general and administrative expenses, and has determined that no significant uncertainty regarding the going-concern assumption exists.」
Although cash flow from operating activities remained an outflow of ¥1.638 billion and the cash balance also declined, the company explains that it is advancing financial stabilisation through a combination of refinancing, procurement reforms, margin improvements and reductions in selling, general and administrative expenses. - FY2022-Q3WorsenedAnnual report
「This was mainly due to increases of ¥1.841 billion in notes and accounts receivable and ¥2.804 billion in trademark rights, despite decreases of ¥6.445 billion in cash and deposits and ¥1.248 billion in goodwill.」
The filing states that, while refinancing and procurement reforms were being pursued, cash and deposits decreased by ¥6.445 billion from the end of the previous consolidated fiscal year, resulting in deteriorating liquidity on hand. - FY2022-Q2WorsenedAnnual report
「Cash and cash equivalents during the cumulative second quarter amounted to ¥12.708 billion, a decrease of ¥6.073 billion from the end of the previous consolidated fiscal year.」
Although the company completed the refinancing of short-term borrowings, cash and cash equivalents decreased by ¥6.073 billion from the end of the previous consolidated fiscal year to ¥12.708 billion, and cash flow from operating activities was an outflow of ¥4.201 billion. Liquidity on hand has deteriorated. - FY2022-Q1AdvancedAnnual report
「However, as described in “2. Analysis of the Financial Position, Operating Results and Cash Flow by Management, (6) Significant Events and Other Matters Concerning the Going-Concern Assumption,” the company implemented additional funding measures, including completing the refinancing of short-term funds, and secured more than ¥15.7 billion in cash and deposits on hand through working-capital reductions, including inventory reductions, and financial stability had progressed to a level capable of withstanding the continued impact of COVID-19,」
The filing states that the company implemented the completion of short-term refinancing and working-capital reductions as additional measures and secured more than ¥15.7 billion in cash and deposits on hand. Although cash and deposits on the balance sheet decreased from ¥19.652 billion at the end of the previous fiscal year to ¥16.394 billion, the company explains that additional measures have advanced financial stabilisation. - FY2021MitigatedAnnual report
「As a result of the above measures to strengthen funding, the balance of cash and deposits at the end of the fiscal year had increased by more than ¥6 billion, and financial stability had progressed to a level capable of withstanding the continued impact of COVID-19.」
The filing states that cash and deposits at fiscal year-end increased by more than ¥6 billion as a result of ¥6 billion in financing from financial institutions, asset sales and the monetisation of policy-held shares, among other measures, and that liquidity management had stabilised. - FY2021-Q3AdvancedAnnual report
「However, as described in “2. Analysis of the Financial Position, Operating Results and Cash Flow by Management, (6) Significant Events and Other Matters Concerning the Going-Concern Assumption,” the company secured sufficient funds on hand by executing new borrowings under agreements with its relationship banks during the first quarter, selling policy-held shares following an agreement to unwind cross-shareholdings, and selling commercial property in Ginza that it had held for use as a store. In addition, the company obtained financing under an overdraft agreement signed with its relationship financial institutions at the end of November, further strengthening its funds on hand.」
The filing states that, in addition to new borrowings and the sale of policy-held shares and commercial property used for stores, the company strengthened its funds on hand by obtaining financing under an overdraft agreement at the end of November. Cash and deposits also increased by ¥1.524 billion from the end of the previous consolidated fiscal year, indicating progress in implementing measures to manage liquidity. - FY2021-Q2WorsenedAnnual report
「Cash and cash equivalents during the cumulative second quarter amounted to ¥9.296 billion, a decrease of ¥3.640 billion from the end of the previous consolidated fiscal year.」
While maintaining a policy of keeping liquidity on hand, cash and cash equivalents decreased by ¥3.640 billion from the end of the previous fiscal year to ¥9.296 billion, and cash flow from operating activities was an outflow of ¥8.747 billion. - FY2021-Q1WorsenedAnnual report
「Total assets at the end of the first quarter amounted to ¥58.988 billion, a decrease of ¥3.398 billion from the end of the previous consolidated fiscal year. This was mainly due to decreases of ¥3.540 billion in cash and deposits and ¥2.647 billion in notes and accounts receivable, despite a ¥2.960 billion increase in merchandise and finished goods.」
While the policy of maintaining liquidity on hand continues, cash and deposits decreased by ¥3.540 billion from the end of the previous consolidated fiscal year to ¥9.397 billion. The filing also notes an increase in merchandise and finished goods, indicating continued pressure on cash management and inventory. - FY2020AdvancedAnnual report
「To provide the funds supporting this, the company raised financing by executing an additional ¥4 billion loan at the end of March 2020, in addition to its existing ¥9 billion in borrowings.」
The filing states that, while cash and cash equivalents decreased by ¥5.139 billion from the end of the previous fiscal year, the company executed an additional ¥4 billion loan at the end of March 2020, in addition to its existing ¥9 billion in borrowings, to support its funding needs. - FY2020-Q4WorsenedAnnual report
「Cash and cash equivalents during the cumulative fourth quarter amounted to ¥10.893 billion, a decrease of ¥7.183 billion from the end of the previous consolidated fiscal year.」
While the policy of maintaining liquidity on hand continues, cash and cash equivalents decreased by ¥7.183 billion from the end of the previous fiscal year, and cash flow from operating activities was also an outflow of ¥4.791 billion. - FY2020-Q3WorsenedAnnual report
「Total assets at the end of the third quarter amounted to ¥67.061 billion, a decrease of ¥6.730 billion from the end of the previous consolidated fiscal year. This was mainly due to a ¥7.884 billion decrease in cash and deposits, despite a ¥2.828 billion increase in merchandise and finished goods.」
Although the policy of maintaining liquidity on hand continues, cash and deposits decreased by ¥7.884 billion from the end of the previous consolidated fiscal year to ¥10.193 billion. - FY2020-Q2WorsenedAnnual report
「Cash and cash equivalents at the end of the cumulative second quarter amounted to ¥14.743 billion, a decrease of ¥3.333 billion from the end of the previous consolidated fiscal year.」
Cash and cash equivalents decreased by ¥3.333 billion from the end of the previous consolidated fiscal year, while cash flow from operating activities was an outflow of ¥1.788 billion. Although the policy of maintaining liquidity on hand continues, the cash balance has declined. - FY2018WorsenedAnnual report
「Net cash used in operating activities during the consolidated fiscal year was ¥4.821 billion, compared with net cash provided of ¥22 million in the previous consolidated fiscal year, mainly due to a ¥2.499 billion decrease resulting from an increase in inventories and a ¥1.999 billion decrease in retirement benefit liabilities.」
Operating cash flow deteriorated from ¥22 million of cash provided in the previous fiscal year to ¥4.821 billion of cash used. The policy of maintaining cash on hand and other liquidity continues, while the disclosure also refers to pledging assets as collateral in relation to the financial covenants. - FY2017WorsenedAnnual report
「Our group manages liquidity risk by having the Accounting and Finance Headquarters prepare and update cash-flow plans in a timely manner based on reports from each department, while continuously maintaining cash on hand and other liquidity. In addition, the principal borrowings are subject to financial covenants, and because the Company breached them during the consolidated fiscal year, it plans to pledge assets it holds as collateral in accordance with the relevant agreements.」
While continuing to prepare cash-flow plans and maintain cash on hand and other liquidity, the Company states that it breached the financial covenants on its principal borrowings and therefore plans to pledge assets it holds as collateral. - FY2016First statedAnnual report
「Our group manages liquidity risk by having the Accounting and Finance Headquarters prepare and update cash-flow plans in a timely manner based on reports from each department, while continuously maintaining cash on hand and other liquidity.」
The preparation and updating of cash-flow plans by the Accounting and Finance Headquarters and the maintenance of cash on hand and other liquidity are described as measures to manage the risk of inability to make payments.