Improvement in Operating Cash Flow and Reduction of Borrowings
First written in FY2016. . Latest entry: FY2026.
The whole theme swung hardest in 2020: 3 of 21 companies on the "Worse" side.
7 other companies' latest entry also says "Other".
- FY2026Operating cash flow turns positive; funding through borrowings increasesAnnual report
「Operating activities provided ¥2,946 million, owing to pretax profit and an increase in trade payables, among other factors, despite increases in inventories and advances paid. Financing activities provided ¥13,393 million through long-term borrowings and other sources, despite uses of cash for repayments of long-term borrowings and dividend payments.」
Operating cash flow changed from ¥2,264 million used in the previous fiscal year to ¥2,946 million provided. Meanwhile, financing activities provided ¥13,393 million through long-term borrowings and other sources, indicating that growth investment was funded through borrowings. - FY2026-H1Operating cash flow turns positive; funding through borrowings continuesAnnual report
「Operating activities provided ¥1,906 million, owing to pretax interim profit and a decrease in trade receivables, among other factors, despite an increase in inventories. Financing activities provided ¥4,349 million through long-term borrowings and other sources, despite uses of cash for repayments of long-term borrowings and dividend payments.」
Operating cash flow changed from ¥6,682 million used in the same period of the previous year to ¥1,906 million provided. Meanwhile, the company raised ¥4,349 million through long-term borrowings and other sources in financing activities. - FY2025Operating cash flow turns negative; increased funding through borrowingsAnnual report
「Operating activities used ¥2,264 million despite pretax profit, due to increases in inventories and trade receivables, among other factors. Financing activities provided ¥811 million through long-term borrowings and other sources, despite uses of cash for repayments of long-term borrowings and dividend payments.」
Operating cash flow changed from ¥12,776 million provided in the previous fiscal year to ¥2,264 million used. Meanwhile, financing activities provided ¥811 million through long-term borrowings and other sources. - FY2025-H1Operating cash flow turns negative; increased funding through borrowingsAnnual report
「Operating activities used ¥6,682 million, despite pretax interim profit and a decrease in trade receivables, due to increases in inventories, corporate income tax payments and a decrease in trade payables, among other factors. Financing activities provided ¥8,487 million through long-term borrowings and an increase in short-term borrowings, despite uses of cash for repayments of long-term borrowings and dividend payments.」
Operating cash flow changed from ¥3,805 million provided in the same period of the previous year to ¥6,682 million used, while the company raised ¥8,487 million through long-term borrowings and an increase in short-term borrowings in financing activities. - FY2024Increase in operating cash flow; change in borrowing compositionAnnual report
「Operating activities provided ¥12,776 million, owing to pretax profit, decreases in inventories and advances paid, among other factors, despite an increase in trade receivables.」
Operating cash flow increased from ¥7,214 million in the previous fiscal year to ¥12,776 million. Short-term borrowings decreased, while long-term borrowings and the current portion of long-term borrowings increased. - FY2024-Q3Continued decrease in short-term borrowings and increase in long-term borrowingsAnnual report
「Short-term borrowings 8,739 5,694 Current portion of long-term borrowings 8,536 10,497 Long-term borrowings 17,257 20,502」
Compared with the end of the previous fiscal year, short-term borrowings decreased from ¥8,739 million to ¥5,694 million, while the current portion of long-term borrowings and long-term borrowings each increased. The change in the composition of borrowings continued. - FY2024-Q2Operating cash flow turns positive; short-term borrowings decrease and long-term borrowings increaseAnnual report
「Operating activities provided ¥3,805 million, despite increases in trade receivables and inventories and corporate income tax payments, owing to pretax interim profit, a decrease in advances paid and an increase in trade payables, among other factors.」
Operating cash flow changed from ¥9,235 million used in the same period of the previous year to ¥3,805 million provided. In financing, short-term borrowings decreased while long-term borrowings increased. - FY2024-Q1Increase in short-term borrowings and decrease in long-term borrowingsAnnual report
「Current liabilities increased by ¥3,250 million from the end of the previous fiscal year to ¥52,707 million, mainly due to increases in short-term borrowings and accounts payable. Non-current liabilities decreased by ¥1,662 million to ¥25,225 million, mainly due to a decrease in long-term borrowings.」
At the end of the first quarter, short-term borrowings increased while long-term borrowings decreased, changing the composition of borrowings. - FY2023Improvement in operating cash flow; short-term borrowings decrease and long-term borrowings increaseAnnual report
「Operating activities provided ¥7,214 million, owing to pretax profit and a decrease in trade receivables, among other factors, despite increases in inventories and advances paid.」
Operating cash flow improved from ¥1,420 million in the previous fiscal year to ¥7,214 million. Short-term borrowings decreased, while long-term borrowings increased. - FY2023-Q3Continued increase in short- and long-term borrowingsAnnual report
「Current liabilities increased by ¥11,854 million from the end of the previous fiscal year to ¥66,974 million, mainly due to an increase in short-term borrowings. Non-current liabilities increased by ¥5,450 million to ¥28,757 million, mainly due to an increase in long-term borrowings.」
Compared with the end of the previous fiscal year, short-term borrowings increased from ¥10,847 million to ¥21,964 million, while long-term borrowings increased from ¥13,643 million to ¥19,124 million. Both short-term and long-term borrowings increased. - FY2023-Q2Widening operating cash flow deficit; funding through short- and long-term borrowingsAnnual report
「Operating activities used ¥9,235 million, despite pretax interim profit and an increase in trade payables, due to increases in inventories and advances paid, among other factors. Financing activities provided ¥12,294 million through long-term borrowings and an increase in short-term borrowings, despite uses of cash for repayments of long-term borrowings and dividend payments.」
The operating cash flow deficit widened from ¥3,964 million used in the same period of the previous year to ¥9,235 million used. Meanwhile, the company raised ¥12,294 million through long-term borrowings and an increase in short-term borrowings. - FY2023-Q1Increase in Short-Term Borrowings and Decrease in Long-Term BorrowingsAnnual report
「Short-term borrowings 10,847 22,239 Long-term borrowings 13,643 11,922」
Compared with the end of the previous fiscal year, short-term borrowings increased from ¥10,847 million to ¥22,239 million, while long-term borrowings decreased from ¥13,643 million to ¥11,922 million. - FY2022Sharp decline in operating cash flow; funding through short-term borrowings and bondsAnnual report
「Operating activities provided ¥1,420 million, owing to pretax profit, depreciation and a decrease in trade receivables, among other factors, despite increases in inventories and advances paid. Financing activities used ¥1,590 million, despite proceeds from bond issuance and an increase in short-term borrowings, due to repayments of long-term borrowings and dividend payments, among other factors.」
Operating cash flow declined from ¥11,084 million in the previous fiscal year to ¥1,420 million. Short-term borrowings increased, and ¥4,972 million of proceeds from bond issuance was also recorded. - FY2022-Q3Short-term borrowings and bonds increase; long-term borrowings decreaseAnnual report
「Current liabilities increased by ¥21,081 million from the end of the previous fiscal year to ¥63,982 million, mainly due to increases in short-term borrowings, accounts payable and bonds due for redemption within one year. Non-current liabilities decreased by ¥4,805 million to ¥24,893 million, mainly because the decrease in long-term borrowings exceeded the increase in bonds.」
Although no cash flow statement was prepared, the balance sheet indicates a change in the funding composition, with increases in short-term borrowings and bonds and a decrease in long-term borrowings. - FY2022-Q2Operating cash flow turns negative; funding through borrowings and bondsAnnual report
「Operating activities used ¥3,964 million, despite pretax interim profit and an increase in trade payables, due to increases in inventories and advances paid, among other factors. Financing activities provided ¥3,050 million, owing to proceeds from the issuance of bonds and an increase in short-term borrowings, despite uses of cash for repayments of long-term borrowings and dividend payments.」
Operating cash flow changed from ¥4,333 million provided in the same period of the previous year to ¥3,964 million used. Meanwhile, the company raised ¥3,050 million through bond issuance and an increase in short-term borrowings in financing activities. - FY2021Improvement in operating cash flow; short-term borrowings decrease and long-term borrowings increaseAnnual report
「Operating activities provided ¥11,084 million, owing to pretax profit and a decrease in inventories, among other factors.」
Operating cash flow improved from ¥1,459 million in the previous fiscal year to ¥11,084 million. Short-term borrowings decreased, while long-term borrowings increased. - FY2021-Q3Continued increase in short- and long-term borrowingsAnnual report
「Current liabilities increased by ¥7,044 million from the end of the previous fiscal year to ¥51,740 million, mainly due to increases in short-term borrowings, accounts payable and the current portion of long-term borrowings. Non-current liabilities increased by ¥3,170 million to ¥32,097 million, mainly due to an increase in long-term borrowings.」
Short-term borrowings, the current portion of long-term borrowings and long-term borrowings increased from the end of the previous fiscal year, and the increase in debt financing continued. - FY2021-Q2Improvement in operating cash flow; long-term borrowings increaseAnnual report
「Operating activities provided ¥4,333 million, despite an increase in inventories, owing to the recording of pretax profit and a decrease in advances paid. Financing activities provided ¥4,866 million through long-term borrowings, despite uses of cash for repayments of long-term borrowings, bond redemptions and dividend payments.」
Operating cash flow improved from ¥380 million in the same period of the previous year to ¥4,333 million. Meanwhile, the company raised ¥4,866 million through long-term borrowings, increasing the balance of long-term borrowings from the end of the previous fiscal year. - FY2021-Q1Continued increase in short- and long-term borrowingsAnnual report
「Current liabilities increased by ¥7,693 million from the end of the previous fiscal year to ¥52,389 million, mainly due to an increase in short-term borrowings. Non-current liabilities increased by ¥940 million to ¥29,866 million, mainly due to an increase in long-term borrowings.」
Both short-term and long-term borrowings increased from the end of the previous fiscal year, and the increase in debt financing continued. - FY2020-Q3Increase in Short-Term and Long-Term BorrowingsAnnual report
「Current liabilities increased by ¥14,805 million from the end of the previous fiscal year to ¥60,518 million, mainly due to increases in short-term borrowings, the current portion of long-term borrowings, accounts payable and bonds due for redemption within one year. Non-current liabilities increased by ¥1,728 million to ¥29,708 million, mainly because the increase in long-term borrowings exceeded the decrease in bonds.」
At the end of the third quarter, short-term borrowings, the current portion of long-term borrowings and long-term borrowings had all increased from the end of the previous fiscal year, indicating increased debt financing. - FY2020-Q2Operating cash flow turns positive; long-term borrowings increaseAnnual report
「Operating activities provided ¥380 million, due to an increase in inventories, a decrease in trade receivables and the recording of pretax profit. Financing activities provided ¥2,846 million through long-term borrowings, despite uses of cash for repayments of long-term borrowings, a decrease in short-term borrowings and dividend payments.」
Operating cash flow changed from ¥3,321 million used in the same period of the previous year to ¥380 million provided. While short-term borrowings were reduced, the company raised funds through long-term borrowings. - FY2020-Q1Increase in short-term borrowings and decrease in long-term borrowingsAnnual report
「Current liabilities increased by ¥7,189 million from the end of the previous fiscal year to ¥52,902 million, mainly due to an increase in short-term borrowings. Non-current liabilities decreased by ¥2,031 million to ¥25,949 million, mainly due to a decrease in long-term borrowings.」
The debt composition changed from the end of the previous fiscal year due to an increase in short-term borrowings and a decrease in long-term borrowings at the end of the first quarter. - FY2019Recovery in operating cash flow and reduction in short-term borrowingsAnnual report
「Operating activities provided ¥7,000 million, owing to the recording of pretax profit.」
Operating cash flow increased from ¥1,163 million in the previous fiscal year to ¥7,000 million. Short-term borrowings also decreased from ¥11,015 million at the end of the previous fiscal year to ¥5,992 million. - FY2019-Q3Increase in Short-Term and Long-Term BorrowingsAnnual report
「Short-term borrowings 11,015 20,186 Long-term borrowings 16,870 21,570」
Compared with the end of the previous fiscal year, short-term borrowings increased from ¥11,015 million to ¥20,186 million, while long-term borrowings increased from ¥16,870 million to ¥21,570 million. No quarterly consolidated cash flow statement was prepared for the nine months ended the third quarter. - FY2019-Q2Narrowing operating cash flow deficit and funding through long-term borrowingsAnnual report
「Operating activities used ¥3,321 million, due to the recording of pretax profit and an increase in inventories. Financing activities provided ¥5,866 million through long-term borrowings, despite uses of cash for repayments of long-term borrowings and dividend payments.」
The operating cash flow deficit narrowed from ¥4,103 million used in the same period of the previous year to ¥3,321 million used. Meanwhile, the company raised ¥5,866 million through long-term borrowings in financing activities. - FY2018Decline in operating cash flow inflowsAnnual report
「Operating cash flow was ¥1,163 million, owing to the recording of pretax profit and an increase in trade payables.」
Operating cash flow declined from ¥1,876 million in the previous fiscal year to ¥1,163 million, but remained positive for the full year. - FY2018-Q2Operating cash flow turns negativeAnnual report
「Cash used in operating activities during the six months ended the second quarter was ¥4,103 million, compared with cash provided of ¥88 million in the same quarter of the previous year. This was mainly due to an increase of ¥6,530 million in trade receivables and an increase of ¥3,504 million in inventories, despite pretax profit of ¥3,674 million and an increase of ¥1,948 million in trade payables.」
Operating cash flow changed from ¥88 million provided in the same quarter of the previous year to ¥4,103 million used. The main factors cited were increases in trade receivables and inventories. - FY2017-Q2Decline in operating cash flowAnnual report
「Cash provided by operating activities during the six months ended the second quarter was ¥88 million, compared with ¥5,459 million provided in the same quarter of the previous year.」
Operating cash flow declined from ¥5,459 million in the same quarter of the previous year to ¥88 million. The increase of ¥4,183 million in inventories was cited as one factor. - FY2016First statedAnnual report
「Cash provided by operating activities during the fiscal year was ¥13,365 million, compared with a use of ¥5,893 million in the same period of the previous year.」
Operating cash flow turned positive, from negative in the previous year to ¥13,365 million, while short-term borrowings decreased from ¥18,786 million at the end of the previous fiscal year to ¥9,885 million.