Operating and Investing Cash Outflows Associated with New Business Investments
First written in FY2018. 1 of 22 entries say "Advanced", first in 2026-10-08. Latest entry: FY2027-H1.
The whole theme swung hardest in 2025: 4 of 17 companies on the "Worse" side.
8 other companies' latest entry also says "Other".
- FY2027-H1Operating cash flow inflows and investment in storage facility developmentAnnual report
「Cash provided by operating activities amounted to ¥1,366 million (compared with cash used of ¥1,556 million in the same period of the previous fiscal year). This was mainly due to a decrease in inventories and an increase in advances received as the business progressed. / Cash used in investing activities amounted to ¥283 million (compared with ¥23 million in the same period of the previous fiscal year). This was mainly due to the acquisition of property, plant and equipment for the development of grid-scale battery storage facilities.」
Operating cash flow changed from an outflow of ¥1,556 million in the same period of the previous fiscal year to an inflow of ¥1,366 million, reflecting cash recovery from a decrease in inventories and an increase in advances received. Meanwhile, investing cash flow was an outflow of ¥283 million due to the acquisition of property, plant and equipment for the development of grid-scale battery storage facilities, combining cash recovery with new investment. - 2026-10-08AdvancedEarnings
「投資活動の結果支出した資金は、283百万円（前年同期は23百万円の支出）となりました。これは主に系統用蓄電所開発のための有形固定資産増加によるものであります。」
系統用蓄電所開発に伴う固定資産取得支出が増加し、投資を実行する段階が具体化している。 - FY2026Operating cash outflows from new investments; increase in loansAnnual report
「Cash used in operating activities was ¥949 million, compared with cash provided of ¥2,103 million in the previous fiscal year. This was mainly because inventories increased as a result of actively making new business investments in the real estate business and renewable energy-related investment business.」
Operating cash flow changed from an inflow of ¥2,103 million in the previous fiscal year to an outflow of ¥949 million. The main factor was an increase in inventories resulting from new business investments, shifting the profile from the previous fiscal year's focus on cash recovery to one centered on investment outflows. Investing activities also included an outflow of ¥13 million due to an increase in short-term loans. - 2026-04-09OtherRevision of earnings forecasts
「Cash used in operating activities was ¥949 million, compared with cash provided of ¥2,103 million in the previous fiscal year. This was mainly because inventories increased as a result of actively making new business investments in the real estate business and renewable energy-related investment business.」
Cash flow from operating activities shifted from an inflow in the previous fiscal year to an outflow of ¥949 million in the current fiscal year, mainly due to an increase in inventories associated with new business investments. - FY2026-H1Operating cash outflows from new investments; increase in loansAnnual report
「Cash used in operating activities amounted to ¥1,556 million (compared with cash provided of ¥1,268 million in the same period of the previous fiscal year). This was mainly due to an increase in inventories resulting from new business investments. / Cash used in investing activities amounted to ¥23 million (compared with an outflow of ¥0 million in the same period of the previous fiscal year). This was mainly due to an increase in short-term loans made before the launch of the business.」
Operating cash flow changed from an inflow of ¥1,268 million in the same period of the previous fiscal year to an outflow of ¥1,556 million, mainly due to an increase in inventories associated with new business investments. Investing cash flow also included an outflow of ¥23 million due to increased short-term loans made before the business launch, shifting from the previous period's cash-recovery focus to a profile involving investment and lending outflows. - FY2025Operating cash flow increased; cash recovery continuedAnnual report
「Cash provided by operating activities amounted to ¥2,103 million (compared with cash used of ¥1,392 million in the previous fiscal year). This was mainly due to progress in the recovery of joint venture funds in the real estate business and renewable energy-related investment business as the projects advanced.」
Operating cash flow changed from an outflow of ¥1,392 million in the previous fiscal year to an inflow of ¥2,103 million. Recovery of joint venture funds progressed, indicating that cash recovery remained the main feature for the full fiscal year. - FY2025-H1Operating cash flow turned positive; cash recoveryAnnual report
「Cash provided by operating activities amounted to ¥1,268 million (compared with cash used of ¥1,718 million in the same period of the previous fiscal year). This was mainly due to progress in cash recovery following the sale of inventories.」
Operating cash flow changed from an outflow of ¥1,718 million in the same period of the previous fiscal year to an inflow of ¥1,268 million. Cash recovery progressed through the sale of inventories, and cash and cash equivalents increased by ¥1,131 million from the end of the previous fiscal year to ¥3,546 million. Investing activities used ¥0 million, while financing activities used ¥136 million. - FY2024Operating cash flow outflows, loan repayments, and bond financingAnnual report
「Cash used in operating activities amounted to ¥1,392 million (compared with cash provided of ¥1,119 million in the previous fiscal year). This was mainly due to an increase in joint venture contributions in the real estate business and renewable energy-related investment business. / Cash provided by investing activities amounted to ¥2,131 million (compared with cash used of ¥1,610 million in the previous fiscal year). This was mainly due to a decrease in short-term loans receivable.」
Operating cash flow changed from cash inflow to an outflow of ¥1,392 million, due to increased joint venture contributions, while investing cash flow amounted to an inflow of ¥2,131 million, due to a decrease in short-term loans receivable. Financing cash flow also included ¥720 million in proceeds from the issuance of convertible bonds with stock acquisition rights, resulting in a cash flow profile combining investment, collection and financing. - FY2024-Q2Operating CF outflows and loan collectionsAnnual report
「Cash used in operating activities amounted to ¥1,718 million, compared with ¥7 million used in the same period of the previous year. This was mainly due to an increase in inventories. Cash generated by investing activities amounted to ¥2,031 million, compared with ¥83 million generated in the same period of the previous year. This was mainly due to a decrease in short-term loans receivable. Cash used in financing activities amounted to ¥265 million, up 267.7% year on year. This was mainly due to payment of the 27th fiscal year-end dividend and a decrease in short-term borrowings.」
An increase in inventories resulted in operating cash flow outflows of ¥1,718 million. Meanwhile, a decrease in short-term loans receivable resulted in ¥2,031 million of cash recovered through investing activities, while dividends and a decrease in short-term borrowings resulted in financing cash outflows of ¥265 million. The cash flow composition has shifted to one combining cash recovery with investment in inventories and shareholder returns. - FY2024-Q1Decline in cash and new investment outflowsAnnual report
「Total assets at the end of the first quarter decreased by ¥370 million from the end of the previous consolidated fiscal year to ¥8,227 million. This was mainly due to a decrease in cash and deposits resulting from contributions to joint venture investments related to new businesses and the payment of the 27th fiscal year-end dividend.」
Contributions to joint venture investments related to new businesses and the year-end dividend reduced cash and deposits, resulting in a ¥370 million decline in total assets from the end of the previous fiscal year. Cash outflows from investment in new businesses and shareholder returns are reflected in the financial figures. - FY2023Investing CF outflows from an increase in short-term loans receivableAnnual report
「Cash used in investing activities amounted to ¥1,610 million, up 314.6% from the previous fiscal year. This was mainly due to an increase in short-term loans receivable.」
Operating activities generated ¥1,119 million from the recovery of joint venture funds and profits, while investing activities used ¥1,610 million due to an increase in short-term loans receivable. In addition to cash recovery, significant cash outflows through lending are now evident. - FY2023-Q2Operating CF outflows from reinvestmentAnnual report
「Cash used in operating activities amounted to ¥7 million, compared with cash generated of ¥2,045 million in the same period of the previous year. This was mainly because funds recovered during the cumulative second quarter were steadily reinvested in new businesses and other areas.」
Operating cash flow shifted from an inflow of ¥2,045 million in the same period of the previous year to an outflow of ¥7 million. The main factor was the reinvestment of recovered funds in new businesses and other areas, changing the position from one centered on cash recovery in the previous fiscal year to one involving reinvestment. - FY2023-Q1Continued cash recovery and increase in cashAnnual report
「Total assets at the end of the first quarter increased by ¥1,020 million from the end of the previous consolidated fiscal year to ¥8,191 million. This was mainly due to an increase in cash and deposits as the recovery of funds progressed in the renewable energy-related investment business.」
As recovery of funds from the renewable energy-related investment business progressed, cash and deposits increased by ¥1,370 million from ¥1,782 million to ¥3,152 million. The shift from outflows centered on new investment to cash recovery being reflected in an increase in cash has continued. - FY2022Shift toward cash recoveryAnnual report
「Cash generated by operating activities amounted to ¥911 million, up 595.9% from the previous fiscal year. This was mainly due to progress in recovering funds invested through the previous consolidated fiscal year in the renewable energy-related investment business.」
Operating cash flow increased from ¥130 million in the previous fiscal year to ¥911 million. Meanwhile, investing activities involved an outflow of ¥388 million and financing activities an outflow of ¥64 million, reflecting a shift from a cash flow position centered on new investment outflows to one in which recovery of funds from renewable energy-related investments is reflected in operating CF. - FY2022-Q2Sharp increase in operating CF and financing CF outflows from share repurchasesAnnual report
「Cash generated by operating activities amounted to ¥2,045 million, compared with an inflow of ¥138 million in the same period of the previous year. This was mainly due to progress in recovering funds invested through the previous consolidated fiscal year in the renewable energy-related investment business during the cumulative second quarter.」
Operating cash flow increased from ¥138 million in the same period of the previous year to ¥2,045 million. Meanwhile, investing activities involved an outflow of ¥170 million due to an increase in short-term loans receivable, and financing activities an outflow of ¥88 million due to the acquisition of treasury shares, changing the composition of cash flows. - FY2021Decline in operating CF, loan collections and borrowing inflowsAnnual report
「Cash generated by operating activities amounted to ¥130 million, down 83.6% from the previous fiscal year. This was mainly due to a decrease in inventories in the renovation business.」
Operating CF declined from ¥799 million in the previous fiscal year to ¥130 million. Meanwhile, investing CF was an inflow of ¥247 million due to the collection of short-term loans receivable, and financing CF was an inflow of ¥191 million due to new long-term borrowings, changing the composition of cash flows. - FY2021-Q2Decline in operating CF and financing CF inflows from borrowingsAnnual report
「Cash generated by operating activities amounted to ¥138 million, down 64.7% year on year. This was mainly because the recovery of funds invested in the previous consolidated fiscal year progressed during the cumulative second quarter.」
Operating cash flow declined from ¥391 million in the same period of the previous year to ¥138 million. Investing activities resulted in an outflow of ¥275 million due to an increase in short-term loans receivable, while financing activities shifted to an inflow of ¥103 million due to an increase in borrowings. - FY2020Cash flow reversalAnnual report
「Cash generated by operating activities amounted to ¥799 million, compared with an outflow of ¥1,472 million in the previous fiscal year. This was mainly because the recovery of cash from operating activities, driven by an increase in net income attributable to owners of the parent, exceeded investment in new projects.」
Operating cash flow shifted from an outflow of ¥1,472 million in the previous fiscal year to an inflow of ¥799 million. Meanwhile, investing activities involved an outflow of ¥642 million and financing activities an outflow of ¥191 million. - FY2020-Q2Cash flow reversalAnnual report
「Cash generated by operating activities amounted to ¥391 million, compared with cash used of ¥649 million in the same period of the previous year. This was mainly because inflows from recognized sales and a decrease in advances for joint ventures during the cumulative second quarter exceeded outflows for inventories and other items related to investment in new projects.」
Operating cash flow shifted from an outflow of ¥649 million in the same period of the previous year to an inflow of ¥391 million. Meanwhile, investing activities involved an outflow of ¥161 million and financing activities an outflow of ¥163 million, changing the composition from one centered on cash inflows in the same period of the previous year. - FY2019Change in cash flow compositionAnnual report
「Cash used in operating activities amounted to ¥1,472 million, compared with ¥826 million used in the previous fiscal year. This was mainly due to an increase in inventories resulting from investment in new projects. Cash generated by investing activities amounted to ¥537 million, compared with ¥547 million used in the previous fiscal year.」
Operating cash flow outflows related to investment in new projects increased from ¥826 million to ¥1,472 million. Meanwhile, investing cash flow shifted from an outflow of ¥547 million in the previous fiscal year to an inflow of ¥537 million. - FY2019-Q2Amounts updatedAnnual report
「Cash used in operating activities amounted to ¥649 million. This was mainly due to increased cash outflows related to inventories resulting from investment in new projects.」
Investment in new projects resulted in operating cash flow outflows of ¥649 million for the cumulative second quarter. The amount was updated because the reporting period differs from the full-year ¥826 million reported for the previous fiscal year. - FY2018First statedAnnual report
「Cash used in operating activities amounted to ¥826 million, compared with ¥699 million used in the previous fiscal year. This was mainly due to increases in inventories and advances for joint ventures resulting from investment in new projects. Cash used in investing activities amounted to ¥547 million, compared with cash inflows of ¥40 million in the previous fiscal year.」
Investment in new projects resulted in cash outflows of ¥826 million from operating activities and ¥547 million from investing activities.