Collection of advance payments at service launch
First written in FY2022. 3 of 6 entries say "Restated". Latest entry: FY2026-H1.
2 other companies' latest entry also says "Advanced".
- FY2026-H1AdvancedAnnual report
「Liabilities were ¥1,295,597 thousand, up ¥5,785 thousand from the previous consolidated fiscal year-end. This was mainly due to a ¥194,438 thousand increase in advance payments, representing paid orders scheduled to be delivered in the future, partly offset by payments of bonuses and corporate taxes.」
Advance payments increased by ¥194,438 thousand under the advance-payment model, and cash flow from operating activities was an inflow of ¥56,521 thousand. - FY2025RestatedAnnual report
「As a rule, our Group’s trading terms require billing the full amount in a lump sum when services commence. We fund investing and financing cash flows by securing cash flow from operating activities.」
The Group continues to use advance payment terms to secure operating cash flow. Contract liabilities totaled ¥835,574 thousand. - FY2025-H1AdvancedAnnual report
「Liabilities were ¥1,379,198 thousand, up ¥99,371 thousand from the previous consolidated fiscal year-end. This was mainly due to a ¥254,822 thousand increase in advance payments, representing paid orders scheduled to be delivered in the future.」
Advance payments increased by ¥254,822 thousand under the advance-payment model, and cash flow from operating activities was an inflow of ¥213,967 thousand. - FY2024-Q1RestatedAnnual report
「Liabilities were ¥1,177,914 thousand, down ¥185,523 thousand from the previous consolidated fiscal year-end. This was mainly due to a ¥109,261 thousand decrease in advance payments as coaching services for clients progressed, and a ¥77,118 thousand decrease in the provision for bonuses following bonus payments and other factors.」
The balance of advance payments under the advance-payment model declined as services progressed. No change in the trading terms was indicated. - FY2023RestatedAnnual report
「Contract liabilities mainly consist of advance payments from customers, who are billed the full amount in a lump sum when coaching services commence.」
The Group reaffirmed advance payment terms as a mechanism for securing operating cash flow and disclosed contract liabilities of ¥935,021 thousand. - FY2022First statedAnnual report
「As a rule, our Group’s trading terms require billing the full amount in a lump sum when services commence. We fund investing and financing cash flows by securing cash flow from operating activities.」
Advance payments reduce credit risk and working-capital requirements, making operating cash flow the foundation for investing and financing activities.