Cash flow management through credit and inventory control and effective asset utilization
First written in FY2017. 14 of 26 entries say "Advanced", first in FY2019-Q1. Latest entry: FY2027-H1.
The whole theme swung hardest in 2022: 5 of 34 companies on the "Worse" side.
12 other companies' latest entry also says "Advanced".
- FY2027-H1AdvancedAnnual report
「Cash provided by operating activities increased by ¥14,730 million year on year to ¥28,049 million (¥13,319 million provided in the same period of the previous year).」
Cash flow from operating activities increased by ¥14,730 million year on year to ¥28,049 million, reflecting progress in improving cash efficiency. - FY2026Lower Operating Cash FlowAnnual report
「Cash provided by operating activities decreased by ¥8,671 million from the previous fiscal year to ¥29,690 million (¥38,362 million provided in the previous fiscal year).」
Cash flow from operating activities decreased from the previous fiscal year, but cash inflows from the collection of trade receivables continued. - 2026-05-14OtherRevisions to earnings forecasts
「Cash provided by operating activities decreased by ¥8,671 million from the previous fiscal year to ¥29,690 million (¥38,362 million provided in the previous fiscal year).」
売上債権回収による資金流入は続いたが、営業活動によるキャッシュ・フローは前期から減少している。 - FY2026-H1Lower Operating Cash FlowAnnual report
「Cash provided by operating activities decreased by ¥5,724 million year on year to ¥13,319 million (¥19,043 million provided in the same period of the previous year). The main factors were an ¥8,324 million decrease in the change in trade payables (an ¥11,749 million decrease in the same period of the previous year), while the change in trade receivables was a ¥12,067 million decrease (a ¥21,101 million decrease in the same period of the previous year).」
Cash inflows from the collection of trade receivables continued, but cash flow from operating activities decreased by ¥5,724 million year on year. - FY2025AdvancedAnnual report
「Cash provided by operating activities increased by ¥13,326 million from the previous fiscal year to ¥38,362 million (¥25,035 million provided in the previous fiscal year). The main factors were a ¥2,220 million decrease in the change in trade payables, while the change in trade receivables was a ¥16,889 million decrease.」
Cash flow from operating activities increased by ¥13,326 million from the previous fiscal year to ¥38,362 million due to the collection of trade receivables and other items, reflecting progress in improving cash efficiency. - FY2025-H1AdvancedAnnual report
「Cash provided by operating activities increased by ¥9,214 million year on year to ¥19,043 million (¥9,828 million provided in the same period of the previous year). The main factors were an ¥11,749 million decrease in the change in trade payables (a ¥7,368 million decrease in the same period of the previous year), while the change in trade receivables was a ¥21,101 million decrease (a ¥7,053 million decrease in the same period of the previous year).」
Cash flow from operating activities increased to ¥19,043 million due to the collection of trade receivables and other items, documenting progress in improving cash efficiency. - FY2024AdvancedAnnual report
「Cash provided by operating activities increased by ¥11,383 million from the previous fiscal year to ¥25,035 million (¥13,652 million provided in the previous fiscal year). The main factor was a ¥384 million increase in the change in inventories (an ¥8,091 million increase in the previous fiscal year).」
Cash flow from operating activities increased from ¥13,652 million in the previous fiscal year to ¥25,035 million, while the increase in inventories narrowed. - FY2024-Q2AdvancedAnnual report
「Cash provided by operating activities increased by ¥1,334 million year on year to ¥9,828 million (¥8,493 million provided in the same period of the previous year). The main factors were a ¥7,368 million decrease in the change in trade payables (an ¥8,344 million decrease in the same period of the previous year), while the change in trade receivables was a ¥7,053 million decrease (an ¥11,202 million decrease in the same period of the previous year).」
Cash flow from operating activities increased to ¥9,828 million, and the collection of trade receivables also progressed. - FY2024-Q1AdvancedAnnual report
「This was mainly due to a ¥2.830 billion increase in cash and deposits as the collection of accounts receivable recorded at the end of the previous consolidated fiscal year progressed, among other factors, while notes receivable, accounts receivable and contract assets decreased by ¥8.338 billion.」
As the collection of accounts receivable and other items progressed, notes and accounts receivable and contract assets decreased by ¥8,338 million. The disclosure documented specific progress in improving asset efficiency. - FY2023Decline in operating cash flow and increase in inventoriesAnnual report
「Cash provided by operating activities decreased by ¥4,712 million from the previous fiscal year to ¥13,652 million (¥18,364 million provided in the previous fiscal year). The main factors were an ¥8,091 million increase in the change in inventories (a ¥950 million increase in the previous fiscal year), while the change in trade payables was an ¥1,187 million increase (an ¥11,405 million increase in the previous fiscal year).」
Cash flow from operating activities decreased by ¥4,712 million year on year, mainly due to the larger increase in inventories. - FY2023-Q2AdvancedAnnual report
「This was mainly due to a ¥10.666 billion decrease in notes receivable, accounts receivable and contract assets as the collection of accounts receivable recorded at the end of the previous consolidated fiscal year progressed, while cash and deposits increased by ¥5.226 billion, merchandise and finished goods by ¥3.358 billion, and property, plant and equipment by ¥2.982 billion.」
As the collection of accounts receivable and other items progressed, notes and accounts receivable and contract assets decreased by ¥10,666 million. Cash flow from operating activities also increased by ¥629 million year on year to ¥8,493 million. - FY2023-Q1AdvancedAnnual report
「This was mainly due to a ¥3.480 billion increase in cash and deposits as the collection of accounts receivable recorded at the end of the previous consolidated fiscal year progressed, among other factors, while notes receivable, accounts receivable and contract assets decreased by ¥8.944 billion.」
As the collection of accounts receivable and other receivables progressed, notes receivable, accounts receivable and contract assets decreased by ¥8.944 billion. - FY2022-Q2Decrease in operating cash flow due to higher inventoriesAnnual report
「Cash provided by operating activities decreased by ¥4,280 million year on year to ¥7,864 million (¥12,144 million provided in the same period of the previous year). The main factor was a ¥2,492 million increase in the change in inventories (a ¥635 million increase in the same period of the previous year).」
The increase in inventories widened from the same period of the previous year, and cash flow from operating activities decreased from ¥12,144 million to ¥7,864 million. - FY2021AdvancedAnnual report
「Cash provided by operating activities increased by ¥6,848 million from the previous fiscal year to ¥21,256 million (¥14,408 million provided in the previous fiscal year).」
Cash flow from operating activities increased to ¥21,256 million, documenting progress in improving cash efficiency. - FY2021-Q3Increase in trade receivables and work in progress due to seasonal fluctuationsAnnual report
「Total assets at the end of the third quarter of the current consolidated fiscal period were ¥258,309 million, an increase of ¥14,861 million from the end of the previous consolidated fiscal year. This was mainly due to seasonal fluctuations and other factors, which increased notes and accounts receivable by ¥5,322 million and work in progress related to incomplete construction contracts and other items by ¥2,569 million.」
Trade receivables and work in progress related to incomplete construction contracts and other items increased due to seasonal fluctuations and other factors. - FY2021-Q2AdvancedAnnual report
「Cash provided by operating activities increased by ¥7,257 million year on year to ¥12,144 million (¥4,887 million provided in the same period of the previous year). The main factor was a ¥635 million increase in the change in inventories (a ¥6,362 million increase in the same period of the previous year).」
Cash flow from operating activities increased to ¥12,144 million, while the increase in inventories narrowed from the same period of the previous year. - FY2021-Q1AdvancedAnnual report
「This was mainly due to a ¥10,725 million decrease in notes and accounts receivable as the collection of accounts receivable recorded at the end of the previous consolidated fiscal year progressed, among other factors.」
As the collection of accounts receivable progressed, notes and accounts receivable decreased by ¥10,725 million from the end of the previous consolidated fiscal year. - FY2020-Q3Increase in trade receivables and work in progress due to seasonal fluctuationsAnnual report
「Total assets at the end of the third quarter of the current consolidated fiscal period were ¥256,357 million, an increase of ¥18,114 million from the end of the previous consolidated fiscal year. This was mainly due to seasonal fluctuations and other factors, which increased notes and accounts receivable by ¥3,861 million and work in progress related to incomplete construction contracts by ¥5,672 million.」
Trade receivables and work in progress related to incomplete construction contracts increased due to seasonal fluctuations and other factors, resulting in changes from the end of the previous consolidated fiscal year in terms of asset efficiency and working capital. - FY2020-Q2Decrease in operating cash flow due to higher inventoriesAnnual report
「Cash provided by operating activities decreased by ¥4,562 million from the same period of the previous year to ¥4,887 million (¥9,450 million provided in the same period of the previous year). The main factor was a ¥6,362 million increase in the change in inventories (a ¥2,494 million increase in the same period of the previous year).」
Cash flow from operating activities decreased year on year due to an increase in inventories. - FY2020-Q1AdvancedAnnual report
「This was mainly due to a ¥6.677 billion decrease in notes and accounts receivable as the collection of accounts receivable recorded at the end of the previous consolidated fiscal year progressed, among other factors.」
Notes and accounts receivable decreased by ¥6,677 million as the collection of accounts receivable progressed, documenting specific progress in improving cash efficiency. - FY2019Increase in cash from operating activitiesAnnual report
「Cash provided by operating activities increased by ¥1,410 million year on year to ¥16,706 million (¥15,296 million provided in the same period of the previous year).」
Cash flow from operating activities increased by ¥1,410 million year on year, documenting progress in improving cash efficiency. - FY2019-Q3Increase in trade receivables due to seasonal fluctuationsAnnual report
「Total assets at the end of the third quarter of the current consolidated fiscal period were ¥238,112 million, an increase of ¥8,072 million from the end of the previous consolidated fiscal year. This was mainly due to seasonal fluctuations, which increased notes and accounts receivable by ¥3,750 million and work in progress related to incomplete construction contracts by ¥3,968 million.」
Unlike the decrease caused by the collection of trade receivables observed through the previous quarter, notes and accounts receivable increased by ¥3,750 million at the end of the third quarter due to seasonal fluctuations. - FY2019-Q2AdvancedAnnual report
「This was mainly due to a ¥5.739 billion decrease in notes and accounts receivable as the collection of trade receivables progressed, while cash and deposits increased by ¥2.860 billion and other tangible fixed assets increased by ¥1.094 billion.」
As the collection of trade receivables progressed, notes and accounts receivable decreased by ¥5.739 billion. - FY2019-Q1AdvancedAnnual report
「This was primarily due to a ¥6,332 million decrease in notes and accounts receivable, resulting from progress in collecting accounts receivable recognized at the end of the previous consolidated fiscal year, among other factors.」
Progress in collecting accounts receivable led to a ¥6,332 million decrease in notes and accounts receivable from the end of the previous consolidated fiscal year. Specific progress in credit management and asset efficiency was disclosed. - FY2018RestatedAnnual report
「We will strengthen credit and inventory control, promote the effective utilization of assets and pursue greater funding efficiency, thereby reinforcing cash flow management.」
Cash flow management combining credit and inventory control, effective asset utilization and funding efficiency continues. - FY2017First statedAnnual report
「We will strengthen credit and inventory control, promote the effective utilization of assets and pursue greater funding efficiency, thereby reinforcing cash flow management.」
Cash flow management combining credit and inventory control, effective asset utilization and funding efficiency has been explicitly identified as a new priority.