Operating Cash Flow Turns Negative Due to Increases in Inventories and Other Factors
First written in FY2017-Q2. 7 of 20 entries say "Mitigated", first in FY2019-Q2. Latest entry: FY2026.
The whole theme swung hardest in 2018: 3 of 12 companies on the "Worse" side.
6 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「Funds generated by operating activities were ¥8,912 million, up 225.4% from the previous fiscal year. This was mainly attributable to income before income taxes of ¥6,933 million, a decrease of ¥2,101 million in inventories and an increase of ¥782 million in trade payables.」
Operating cash flow increased from ¥2,739 million in the previous fiscal year to ¥8,912 million, with funds generated improving substantially due to the decrease in inventories and other factors. - FY2026-H1MitigatedAnnual report
「Funds generated by operating activities were ¥5,559 million (compared with ¥1,903 million used in the same period of the previous year). This reflected increases in funds mainly from interim income before income taxes of ¥4,410 million, depreciation and amortization of ¥743 million, a decrease of ¥1,949 million in inventories and an increase of ¥683 million in trade payables, offset by decreases in funds mainly from a ¥1,130 million decrease in other liabilities and income tax payments of ¥1,306 million.」
Cash flow from operating activities shifted from ¥1,903 million of funds used in the same period of the previous year to ¥5,559 million of funds generated. - FY2025WorsenedAnnual report
「Funds generated by operating activities were ¥2,738 million, down 54.3% from the previous fiscal year.」
Operating cash flow decreased from ¥5,990 million in the previous fiscal year to ¥2,738 million. The increase in inventories, decrease in trade payables and income tax payments reduced funds. - FY2025-H1WorsenedAnnual report
「Funds used in operating activities were ¥1,903 million, up 2.1% year on year.」
Funds used in operating activities increased from ¥1,864 million in the same period of the previous year to ¥1,903 million, with the increase in inventories, decrease in trade payables and other factors reducing funds. - FY2024WorsenedAnnual report
「Funds generated by operating activities were ¥5,990 million, down 33.4% from the previous fiscal year. This was mainly attributable to income before income taxes of ¥6,654 million, up 15.8% from the previous fiscal year, and an increase of ¥2,570 million in trade payables, compared with ¥2,770 million used in the previous fiscal year, offset by an increase of ¥2,600 million in inventories, compared with a decrease of ¥4,864 million in the previous fiscal year, and income tax payments of ¥1,625 million, down 10.7% from the previous fiscal year.」
Operating cash flow remained positive but decreased from ¥8,997 million in the previous year to ¥5,990 million, with the increase in inventories reducing funds. - FY2024-Q2WorsenedAnnual report
「Funds used in operating activities were ¥1,864 million (compared with ¥717 million generated in the same period of the previous year). This reflected increases in funds mainly from quarterly income before income taxes of ¥2,320 million, depreciation and amortization of ¥602 million, an increase of ¥362 million in trade payables and an increase of ¥589 million in other liabilities, offset by decreases in funds mainly from an increase of ¥4,307 million in inventories, a decrease of ¥567 million in contract liabilities and income tax payments of ¥907 million.」
Cash flow from operating activities shifted from funds generated in the same period of the previous year to funds used, with the ¥4,307 million increase in inventories being the main factor reducing funds. - FY2023AdvancedAnnual report
「Funds generated by operating activities were ¥8,997 million, up 42.3% from the previous fiscal year. This was mainly attributable to income before income taxes of ¥5,745 million, down 1.4% from the previous fiscal year, a decrease of ¥4,864 million in inventories, compared with ¥64 million used in the previous fiscal year, a decrease of ¥2,770 million in trade payables, compared with ¥2,470 million generated in the previous fiscal year, and income tax payments of ¥1,820 million, down 12.4% from the previous fiscal year.」
Operating cash flow increased from ¥6,324 million in the previous fiscal year to ¥8,997 million, with the decrease in inventories contributing to the increase in funds. - FY2023-Q2Sharp reduction in operating cash flow surplusAnnual report
「Funds generated by operating activities were ¥717 million, down 78.2% year on year.」
Operating cash flow remained positive but declined sharply from ¥3,292 million in the same period of the previous year to ¥717 million. A decrease in trade payables and income tax payments reduced funds. - FY2022Sharp reduction in operating cash flow surplusAnnual report
「Funds generated by operating activities were ¥6,324 million, down 77.4% from the previous fiscal year.」
Operating cash flow remained positive but declined sharply from ¥28,040 million in the previous fiscal year to ¥6,324 million. - FY2022-Q2Sharp reduction in operating cash flow surplusAnnual report
「Funds generated by operating activities were ¥3,292 million, down 52.9% year on year. This reflected increases in funds mainly from recording quarterly income before income taxes of ¥3,474 million, a decrease of ¥674 million in inventories and an increase of ¥955 million in trade payables, offset by decreases in funds mainly from a ¥1,098 million decrease in other liabilities and income tax payments of ¥1,130 million.」
Cash flow from operating activities decreased from ¥6,995 million in the same period of the previous year to ¥3,292 million, but the Company continued to generate funds. - FY2021AdvancedAnnual report
「Funds generated by operating activities were ¥28,040 million (compared with ¥1,650 million used in the previous fiscal year).」
Operating cash flow shifted from substantial funds used to funds generated, mainly due to a ¥24,451 million decrease in inventories, reaching its highest level since the Company's founding. - FY2021-Q2MitigatedAnnual report
「Funds generated by operating activities were ¥6,995 million, down 78.2% year on year. This mainly reflected increases in funds from recording quarterly income before income taxes of ¥2,208 million and a decrease of ¥6,185 million in inventories.」
Cash flow from operating activities shifted from more than ¥10.7 billion of funds used in the same period of the previous year to more than ¥6.9 billion of funds generated, with the decrease in inventories contributing to the increase in funds. - FY2020WorsenedAnnual report
「Funds used in operating activities were ¥1,650 million (compared with ¥11,962 million generated in the previous fiscal year). This was mainly attributable to income before income taxes of ¥4,684 million, down 25.6% from the previous fiscal year, and an increase of ¥5,974 million in inventories, compared with a decrease of ¥4,574 million in the previous fiscal year.」
Cash flow from operating activities shifted from more than ¥11.9 billion of funds generated in the previous fiscal year to more than ¥1.6 billion of funds used, with the increase in inventories being the main cause of the decrease. - FY2020-Q2WorsenedAnnual report
「Funds used in operating activities were ¥10,727 million (compared with ¥3,391 million generated in the same period of the previous year). This reflected increases in funds mainly from recording quarterly income before income taxes of ¥1,998 million, offset by decreases in funds mainly from an increase of ¥11,193 million in inventories and income tax payments of ¥1,309 million.」
Cash flow from operating activities shifted from funds generated in the same period of the previous year to more than ¥10.7 billion of funds used, with the increase in inventories being the main cause of the decrease. - FY2019MitigatedAnnual report
「Funds generated by operating activities were ¥11,962 million (compared with ¥10,606 million used in the previous fiscal year). This was mainly attributable to income before income taxes of ¥6,295 million, a decrease of ¥4,574 million in inventories and an increase of ¥1,659 million in trade payables.」
Cash flow from operating activities shifted from funds used of more than ¥10.6 billion in the previous year to funds generated of more than ¥11.9 billion, with the decrease in inventories and other factors contributing to the increase in funds. - FY2019-Q2MitigatedAnnual report
「Funds generated by operating activities were ¥3,391 million (compared with ¥3,465 million used in the same period of the previous year). This reflected increases in funds mainly from recording quarterly income before income taxes of ¥2,552 million and a decrease of ¥2,067 million in inventories, offset by decreases in funds mainly from income tax payments of ¥1,238 million.」
Cash flow from operating activities shifted from ¥3,465 million of funds used in the same period of the previous year to ¥3,391 million of funds generated. The decrease in inventories contributed to the increase in funds. - FY2018-Q2Widening operating cash flow deficitAnnual report
「Funds used in operating activities were ¥3,465 million, up 131.2% year on year. This reflected increases in funds mainly from recording quarterly income before income taxes of ¥2,275 million, offset by decreases in funds mainly from an increase of ¥3,658 million in inventories, a decrease of ¥1,113 million in trade payables and income tax payments of ¥829 million.」
Funds used in operating activities increased from ¥1,498 million in the same period of the previous year to ¥3,465 million, with the increase in inventories and other factors being the main causes of the decrease. - FY2017-Q2First statedAnnual report
「Funds used in operating activities were ¥1,498 million (compared with ¥1,347 million generated in the same period of the previous year). This reflected increases in funds mainly from recording quarterly income before income taxes of ¥3,202 million and an increase of ¥957 million in other liabilities, offset by decreases in funds mainly from an increase of ¥4,839 million in inventories and income tax payments of ¥989 million.」
Cash flow from operating activities shifted from funds generated in the same period of the previous year to funds used, with the increase in inventories identified as the main factor reducing cash flow.