Cash flow risk from advances for ocean freight, customs duties and other charges
First written in FY2016. 22 of 40 entries say "Worsened", first in FY2018-Q2. Latest entry: 2026-11-12.
Daiun moved to the "Worse" side of this theme in 2021.
2 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「Current assets at the end of the fiscal year amounted to ¥2,950.093 million, an increase of ¥212.081 million from the end of the previous fiscal year. This was mainly due to increases of ¥181.274 million in cash and deposits and ¥35.562 million in advances, and a decrease of ¥7.573 million in prepaid expenses, among other factors.」
Advances increased by ¥35.562 million from the end of the previous fiscal year to ¥639.911 million. In addition to advances, delays in collecting operating receivables and bad debts were identified as key risks, increasing the funding burden and collection exposure. - 2026-05-14WorsenedResults
「This was attributable mainly to an increase of ¥181.274 million in cash and deposits, an increase of ¥35.562 million in advances paid on behalf of others, and a decrease of ¥7.573 million in prepaid expenses.」
Advances paid on behalf of others increased from ¥604.348 million to ¥639.911 million, expanding the funding burden and collection exposure associated with such payments. - FY2026-H1WorsenedAnnual report
「Current assets at the end of the interim accounting period amounted to ¥2,853.188 million, an increase of ¥115.176 million from the end of the previous fiscal year. This was mainly due to increases of ¥78.797 million in advances and ¥37.666 million in operating receivables, and a decrease of ¥0.236 million in notes receivable, among other factors.」
Advances increased by ¥78.797 million from the end of the previous fiscal year to ¥683.146 million, and operating receivables also increased by ¥37.666 million. The funding burden and collection exposure associated with payments made on behalf of others have increased. - FY2025WorsenedAnnual report
「Current assets at the end of the fiscal year amounted to ¥2,738.011 million, a decrease of ¥337.266 million from the end of the previous fiscal year. This was mainly due to an increase of ¥98.699 million in advances and a decrease of ¥462.346 million in cash and deposits, among other factors.」
Advances increased by ¥98.699 million to ¥604.348 million, while cash and deposits decreased by ¥462.346 million. The funding burden and collection exposure associated with payments made on behalf of others have increased. - FY2025-H1WorsenedAnnual report
「Current assets at the end of the interim accounting period amounted to ¥2,940.746 million, a decrease of ¥134.531 million from the end of the previous fiscal year. This was mainly due to increases of ¥73.468 million in advances and ¥35.727 million in operating receivables, and a decrease of ¥248.191 million in cash and deposits, among other factors.」
Advances increased by ¥73.468 million to ¥579.118 million, and operating receivables also increased. Cash and deposits decreased by ¥248.191 million, increasing the funding burden and collection exposure associated with payments made on behalf of others. - FY2024MitigatedAnnual report
「Current assets at the end of the fiscal year amounted to ¥3,075.278 million, an increase of ¥203.709 million from the end of the previous fiscal year. This was mainly due to increases of ¥297.871 million in cash and deposits and decreases of ¥8.744 million in operating receivables and ¥85.829 million in advances, among other factors.」
Advances decreased by ¥85.829 million from the end of the previous fiscal year to ¥505.649 million, reducing the funding exposure associated with payments made on behalf of others. Cash and deposits also increased. - FY2024-Q3MitigatedAnnual report
「Advances ¥591.479 million ¥451.852 million」
Advances decreased by ¥139.626 million, from ¥591.479 million at the end of the previous fiscal year to ¥451.852 million, reducing the funding exposure associated with payments made on behalf of others. - FY2024-Q2WorsenedAnnual report
「Current assets at the end of the second quarter accounting period increased by ¥414.273 million from the end of the previous fiscal year to ¥3,285.842 million. This was attributable to an increase of ¥203.615 million in cash and deposits, an increase of ¥128.884 million in other current assets, an increase of ¥47.210 million in advances, and other factors.」
Advances increased by ¥47.210 million from ¥591.479 million at the end of the previous fiscal year to ¥638.690 million, expanding the funding exposure associated with advances. - FY2024-Q1MitigatedAnnual report
「Current assets at the end of the first quarter accounting period increased by ¥206.009 million from the end of the previous fiscal year to ¥3,077.577 million. This was attributable to an increase of ¥169.719 million in cash and deposits, an increase of ¥165.749 million in other current assets, a decrease of ¥115.942 million in advances, and other factors.」
Advances decreased by ¥115.942 million from the end of the previous fiscal year, from ¥591.479 million to ¥475.536 million, reducing the funding exposure associated with advances. - FY2023MitigatedAnnual report
「Current assets at the end of the fiscal year decreased by ¥22.429 million from the end of the previous fiscal year to ¥2,871.568 million. This was attributable to an increase of ¥87.807 million in cash and deposits, a decrease of ¥39.488 million in operating receivables, a decrease of ¥75.219 million in advances, and other factors.」
Advances decreased by ¥75.219 million from the end of the previous fiscal year to ¥591.479 million, while operating receivables also decreased. The funding exposure associated with advances is contracting. - FY2023-Q3MitigatedAnnual report
「Current assets at the end of the third quarter accounting period increased by ¥162.287 million from the end of the previous fiscal year to ¥3,056.285 million. This was attributable to an increase of ¥163.340 million in cash and deposits, an increase of ¥45.067 million in operating receivables, a decrease of ¥45.552 million in advances, and other factors.」
Advances decreased by ¥45.552 million from the end of the previous fiscal year to ¥621.146 million, while cash and deposits increased by ¥163.340 million. The funding exposure associated with advances has contracted from the previous quarter. - FY2023-Q2WorsenedAnnual report
「Current assets at the end of the second quarter accounting period increased by ¥440.840 million from the end of the previous fiscal year to ¥3,334.838 million. This was attributable to an increase of ¥138.650 million in cash and deposits, an increase of ¥81.938 million in operating receivables, an increase of ¥207.738 million in advances, and other factors.」
Advances increased by ¥207.738 million from the end of the previous fiscal year to ¥874.436 million, while operating receivables also increased. The funding exposure and collection burden associated with advances are expanding. - FY2023-Q1WorsenedAnnual report
「Current assets at the end of the first quarter accounting period increased by ¥203.910 million from the end of the previous fiscal year to ¥3,097.908 million. This was attributable to an increase of ¥70.661 million in operating receivables, an increase of ¥131.229 million in advances, and other factors.」
Advances increased by ¥131.229 million from ¥666.698 million at the end of the previous fiscal year to ¥797.928 million, expanding the funding exposure associated with advances. - FY2022WorsenedAnnual report
「Current assets at the end of the fiscal year increased by ¥39.830 million from the end of the previous fiscal year to ¥2,893.997 million. This was attributable to an increase of ¥107.863 million in advances, a decrease of ¥48.111 million in cash and deposits, a decrease of ¥20.006 million in operating receivables, and other factors.」
Advances increased by ¥107.863 million from the end of the previous fiscal year to ¥666.698 million, while cash and deposits decreased by ¥48.111 million. The funding exposure associated with advances is expanding. - FY2022-Q3WorsenedAnnual report
「Current assets at the end of the third quarter accounting period increased by ¥284.717 million from the end of the previous fiscal year to ¥3,138.884 million. This was attributable to an increase of ¥25.913 million in operating receivables, an increase of ¥253.349 million in advances, and other factors.」
Advances increased by ¥253.349 million from ¥558.835 million at the end of the previous fiscal year to ¥812.184 million, significantly expanding the funding exposure associated with advances. - FY2022-Q2WorsenedAnnual report
「Current assets at the end of the second quarter accounting period increased by ¥421.719 million from the end of the previous fiscal year to ¥3,275.886 million. This was attributable to an increase of ¥195.072 million in cash and deposits, an increase of ¥139.535 million in advances, and other factors.」
Advances increased by ¥139.535 million from ¥558.835 million at the end of the previous fiscal year to ¥698.371 million, again expanding the funding exposure associated with advances. Although cash and deposits increased, the rise in the balance of advances indicates a deterioration in cash flow risk. - FY2022-Q1MitigatedAnnual report
「Current assets at the end of the first quarter accounting period decreased by ¥11.082 million from the end of the previous fiscal year to ¥2,843.084 million. This was attributable to an increase of ¥19.309 million in cash and deposits, a decrease of ¥28.838 million in advances, and other factors.」
Advances decreased by ¥28.838 million from ¥558.835 million at the end of the previous fiscal year to ¥529.997 million, reducing the funding exposure associated with advances. Cash and deposits also increased by ¥19.309 million. - FY2021WorsenedAnnual report
「Current assets at the end of the fiscal year increased by ¥419.061 million from the end of the previous fiscal year to ¥2,854.167 million. This was attributable to an increase of ¥297.970 million in cash and deposits, an increase of ¥58.380 million in operating receivables, an increase of ¥109.095 million in advances, a decrease of ¥54.095 million in other assets, and other factors.」
Advances increased by ¥109.095 million from the end of the previous fiscal year to ¥558.835 million. Operating receivables also increased, expanding the funding exposure associated with advances and receivables collection. - FY2021-Q3WorsenedAnnual report
「Current assets at the end of the third quarter accounting period increased by ¥531.817 million from the end of the previous fiscal year to ¥2,966.922 million. This was attributable to an increase of ¥385.824 million in cash and deposits, an increase of ¥136.489 million in advances, and other factors.」
Advances increased by ¥136.489 million from ¥449.739 million at the end of the previous fiscal year to ¥586.229 million, again expanding the funding exposure associated with advances. Although cash and deposits increased, the increase in advances itself indicates a deterioration in cash flow risk. - FY2021-Q2WorsenedAnnual report
「Current assets at the end of the second quarter accounting period increased by ¥543.967 million from the end of the previous fiscal year to ¥2,979.073 million. This was attributable to an increase of ¥473.857 million in cash and deposits, an increase of ¥106.354 million in advances, and other factors.」
Advances increased by ¥106.354 million from the end of the previous fiscal year to ¥556.094 million, again expanding the funding exposure associated with advances. The ¥106.354 million increase in advances was also identified as a major factor reducing cash flow from operating activities. - FY2021-Q1MitigatedAnnual report
「Advances ¥449.739 million ¥420.136 million」
The balance of advances decreased by ¥29.603 million from ¥449.739 million at the end of the previous fiscal year to ¥420.136 million. The funding exposure associated with advances is contracting. - FY2020MitigatedAnnual report
「Current assets at the end of the fiscal year increased by ¥700 thousand from the end of the previous fiscal year to ¥2,435.105 million. This was attributable to an increase of ¥81.542 million in cash and deposits, an increase of ¥53.788 million in other assets, a decrease of ¥43.669 million in operating receivables, a decrease of ¥82.652 million in advances, and other factors.」
Advances decreased by ¥82.652 million from the end of the previous fiscal year to ¥449.739 million, while cash and deposits increased by ¥81.542 million. The funding exposure from advances shifted from expansion through the previous quarter to contraction. - FY2020-Q3MitigatedAnnual report
「Advances ¥532.392 million ¥517.083 million」
The balance of advances decreased by ¥15.309 million from ¥532.392 million at the end of the previous fiscal year to ¥517.083 million, modestly reducing the funding exposure associated with advances. - FY2020-Q2WorsenedAnnual report
「Advances ¥532.392 million ¥571.027 million」
Advances increased by ¥38.635 million from ¥532.392 million at the end of the previous fiscal year to ¥571.027 million, increasing the funding exposure associated with advances. Meanwhile, cash and deposits increased by ¥234.956 million. - FY2020-Q1MitigatedAnnual report
「Advances ¥532.392 million ¥523.588 million」
The balance of advances decreased by ¥8.804 million from ¥532.392 million at the end of the previous fiscal year to ¥523.588 million, modestly reducing the funding exposure associated with advances. Cash and deposits also increased by ¥298.504 million. - FY2019WorsenedAnnual report
「Operating advances have increased, increasing the funding burden and collection risk, and we will strengthen the management of advances and accelerate collections.」
Advances increased by ¥136.964 million from the end of the previous fiscal year to ¥532.392 million, while cash and cash equivalents decreased by ¥754.330 million. The funding burden and collection risk associated with advances are expanding. - FY2019-Q3WorsenedAnnual report
「Current assets at the end of the third quarter accounting period decreased by ¥508.521 million from the end of the previous fiscal year to ¥2,579.410 million. This was attributable to a decrease of ¥608.819 million in cash and deposits, an increase of ¥145.753 million in advances, and other factors.」
Advances increased by ¥145.753 million from ¥395.427 million at the end of the previous fiscal year to ¥541.181 million, while cash and deposits decreased by ¥608.819 million. The funding exposure and cash flow burden associated with advances are expanding. - FY2019-Q2WorsenedAnnual report
「Current assets at the end of the second quarter accounting period increased by ¥377.716 million from the end of the previous fiscal year to ¥2,710.215 million. This was attributable to a decrease of ¥618.108 million in cash and deposits, an increase of ¥221.860 million in advances, an increase of ¥1.846 million in operating receivables, and other factors.」
Advances increased by ¥221.860 million from ¥395.427 million at the end of the previous fiscal year to ¥617.288 million, while cash and deposits decreased by ¥618.108 million. The funding exposure and cash flow burden associated with advances are expanding. - FY2019-Q1WorsenedAnnual report
「Advances ¥395.427 million ¥416.047 million」
The balance of advances increased by ¥20.620 million from ¥395.427 million at the end of the previous fiscal year to ¥416.047 million, increasing the funding exposure associated with advances. - FY2018MitigatedAnnual report
「As a longstanding industry practice, companies commonly pay ocean freight, customs duties, consumption tax, and other amounts that should be paid by shippers on a temporary basis as part of their services. These advances tend to increase as operating activity expands, and there is also a risk that advances for consumption tax could surge following a change in the consumption tax rate.」
Although the explanation of the risk associated with advances continues, advances decreased from ¥440.259 million at the end of the previous fiscal year to ¥395.427 million, reducing the disclosed exposure. - FY2018-Q3MitigatedAnnual report
「This was attributable to a decrease of ¥115.093 million in cash and deposits, a decrease of ¥43.806 million in advances, and other factors.」
Advances decreased by ¥43.806 million from ¥440.259 million at the end of the previous fiscal year to ¥396.452 million, reducing the exposure to advances. - FY2018-Q2WorsenedAnnual report
「Current assets at the end of the second quarter accounting period decreased by ¥70.328 million from the end of the previous fiscal year to ¥3,307.097 million. This was attributable to a decrease of ¥152.983 million in cash and deposits, an increase of ¥69.823 million in advances, an increase of ¥7.477 million in operating receivables, and other factors.」
Advances increased by ¥69.823 million from ¥440.259 million at the end of the previous fiscal year to ¥510.082 million, increasing the exposure to advances. Cash and deposits also decreased by ¥152.983 million, indicating renewed deterioration in the cash flow burden. - FY2018-Q1MitigatedAnnual report
「This was attributable to a decrease of ¥73.094 million in advances, a decrease of ¥40.297 million in operating receivables, and other factors.」
Advances decreased by ¥73.094 million from ¥440.259 million at the end of the previous fiscal year to ¥367.164 million, reducing the exposure to advances. - FY2017MitigatedAnnual report
「As a longstanding industry practice, companies commonly pay ocean freight, customs duties, consumption tax, and other amounts that should be paid by shippers on a temporary basis as part of their services. These advances tend to increase as operating activity expands, and there is also a risk that advances for consumption tax could surge following a change in the consumption tax rate.」
Although the explanation of the risk associated with advances continues, the balance of advances decreased by ¥36.793 million from ¥477.052 million at the end of the previous fiscal year to ¥440.259 million, reducing the disclosed exposure. - FY2017-Q3MitigatedAnnual report
「Advances ¥477.052 million ¥419.960 million」
The balance of advances decreased from ¥477.052 million at the end of the previous fiscal year to ¥419.960 million, reducing the exposure to advances. - FY2017-Q2RestatedAnnual report
「Advances ¥477.052 million ¥485.829 million」
The balance of advances increased from ¥477.052 million at the end of the previous fiscal year to ¥485.829 million, but no material changes in business and other risks were reported, and the risk associated with advances continues to be disclosed. - FY2017-Q1MitigatedAnnual report
「This was attributable to an increase of ¥212.345 million in cash and deposits, a decrease of ¥70.696 million in advances, and other factors.」
The balance of advances decreased by ¥70.696 million from ¥477.052 million at the end of the previous fiscal year to ¥406.356 million, reducing the disclosed exposure to advances. - FY2016First statedAnnual report
「As a longstanding industry practice, companies commonly pay ocean freight, customs duties, consumption tax, and other amounts that should be paid by shippers on a temporary basis as part of their services. These advances tend to increase as operating activity expands, and there is also a risk that advances for consumption tax could surge following a change in the consumption tax rate. This is expected to continue affecting cash flow from operating activities.」
The disclosed balance of advances was ¥477.052 million, an increase of ¥67.252 million year on year. The risk of a sharp increase following a change in the consumption tax rate is cited as a future risk.