Enhancing healthy cash flow and improving financial position
First written in FY2017. 16 of 29 entries say "Worsened", first in FY2019-Q1. Latest entry: FY2026.
Mrk Holdings moved to the "Worse" side of this theme in 2018, 8 years before the typical company in this theme (2026).
The whole theme swung hardest in 2025: 3 of 23 companies on the "Worse" side.
3 other companies' latest entry also says "Other".
- FY2026Operating cash flow remained positive but decreased year on yearAnnual report
「Funds increased by ¥1,263 million as a result of operating activities, compared with an increase of ¥1,714 million in the same period of the previous year.」
Operating cash flow remained positive and the cash balance also increased, but the increase in funds from operating activities contracted from the previous period. - 2026-05-14WorsenedFinancial results briefing materials
「Cash flows from operating activities 1,714 1,263」
Cash flows from operating activities declined from ¥1.714 billion in the previous fiscal year to ¥1.263 billion, indicating a deterioration in cash-flow performance year on year. - FY2026-H1AdvancedAnnual report
「Funds increased by ¥1,137 million as a result of operating activities, compared with an increase of ¥230 million in the same period of the previous year.」
Cash flow from operating activities increased from ¥230 million in the same period of the previous year to ¥1,137 million, indicating concrete progress in improving cash flow. - FY2025-H1AdvancedAnnual report
「Funds increased by ¥230 million as a result of operating activities, compared with a decrease of ¥106 million in the same period of the previous year.」
Cash flow from operating activities turned from a decrease of ¥106 million in the same period of the previous year to an increase of ¥230 million in the current interim consolidated accounting period. - FY2024WorsenedAnnual report
「Funds decreased by ¥849 million as a result of operating activities, compared with a decrease of ¥264 million in the same period of the previous year.」
The decrease in cash flow from operating activities widened from ¥226.4539 million in the previous period to ¥849.031 million, indicating deterioration relative to the cash flow improvement target. - FY2024-Q3WorsenedAnnual report
「Cash and cash equivalents of the group were ¥866 million at the end of the third quarter of the current consolidated fiscal year, and we believe that the group has secured the liquidity necessary to conduct its business activities. The group has also entered into overdraft agreements with financial institutions and believes that it can maintain a certain level of liquidity even if an event occurs that partially impairs liquidity. In the cumulative third quarter of the current consolidated fiscal year, the company borrowed ¥100 million as working capital to continue its business operations.」
Cash and cash equivalents decreased sharply from ¥2,556 million at the end of the previous consolidated fiscal year to ¥866 million, while the company borrowed ¥100 million in working capital despite no reported improvement in operating cash flow. - FY2024-Q2Slight increase in cash but negative operating cash flowAnnual report
「Cash and cash equivalents at the end of the second quarter of the current consolidated fiscal year were ¥2,580 million, an increase of ¥24 million from the end of the previous consolidated fiscal year.」
Cash and cash equivalents increased ¥24 million from the end of the previous period, while cash flow from operating activities decreased by ¥106 million. A slight increase in the cash balance coexists with negative operating cash flow. - FY2024-Q1WorsenedAnnual report
「Cash and cash equivalents at the end of the first quarter of the current fiscal year were ¥1.996 billion, and the Group believes it has secured the liquidity necessary to conduct its business activities. It has also entered into overdraft agreements with financial institutions and believes it can maintain a certain level of liquidity even if an event occurs that partially impairs liquidity. In addition, it borrowed ¥100 million during the first quarter of the current fiscal year as working capital to continue its business.」
The company borrowed ¥100 million in working capital in a quarter in which cash and cash equivalents declined from the end of the previous period and no improvement in operating cash flow was reported. - FY2023WorsenedAnnual report
「Funds decreased by ¥264 million as a result of operating activities, compared with an increase of ¥101 million in the same period of the previous year.」
Cash flow from operating activities turned from an increase of ¥101 million in the previous period to a decrease of ¥264 million, while cash and cash equivalents also decreased by ¥2,732 million. - FY2023-Q3WorsenedAnnual report
「Cash and cash equivalents of the group were ¥2,509 million at the end of the third quarter of the current consolidated fiscal year, and we believe that the group has secured the liquidity necessary to conduct its business activities. The group has also entered into overdraft agreements with financial institutions and believes that it can maintain a certain level of liquidity even if an event occurs that partially impairs liquidity. In the cumulative third quarter of the current consolidated fiscal year, the company borrowed ¥100 million as working capital to continue its business operations.」
Cash and cash equivalents decreased from ¥5,289 million at the end of the previous consolidated fiscal year to ¥2,509 million. Although the company says it has secured the necessary liquidity and has overdraft agreements, it continues to borrow ¥100 million in working capital. - FY2023-Q2WorsenedAnnual report
「Cash and cash equivalents, hereinafter referred to as funds, were ¥3,105 million at the end of the second quarter of the current consolidated fiscal year, down ¥2,184 million from the end of the previous consolidated fiscal year. Funds increased by ¥36 million as a result of operating activities, compared with an increase of ¥186 million in the same period of the previous year.」
Cash and cash equivalents decreased ¥2,184 million from the end of the previous period, while the increase in cash flow from operating activities contracted from ¥186 million in the same period of the previous year to ¥36 million. - FY2023-Q1WorsenedAnnual report
「Cash and cash equivalents of the group were ¥3,264 million at the end of the first quarter of the current consolidated fiscal year, and we believe that the group has secured the liquidity necessary to conduct its business activities. The group has also entered into overdraft agreements with financial institutions and believes that it can maintain a certain level of liquidity even if an event occurs that partially impairs liquidity. In the first quarter of the current consolidated fiscal year, given the uncertainty surrounding the impact of economic stagnation caused by the novel coronavirus disease and other factors, the company borrowed ¥100 million as working capital to continue its business operations.」
Cash and cash equivalents decreased from ¥5,289 million at the end of the previous consolidated fiscal year to ¥3,264 million, and the company also borrowed ¥100 million in working capital to continue its business. The company says it has secured the necessary liquidity. - FY2022WorsenedAnnual report
「Cash and cash equivalents, hereinafter referred to as funds, were ¥5,289 million at the end of the consolidated fiscal year, down ¥1,990 million from the end of the previous consolidated fiscal year. Funds increased by ¥101 million as a result of operating activities, compared with an increase of ¥2,943 million in the same period of the previous year.」
Cash and cash equivalents decreased ¥1,990 million from the end of the previous period, while the increase in cash flow from operating activities contracted sharply from ¥2,943 million to ¥101 million. - FY2022-Q3Continued declines in cash and borrowingsAnnual report
「Cash and cash equivalents of the group were ¥5,281 million at the end of the third quarter of the current consolidated fiscal year, and we believe that the group has secured the liquidity necessary to conduct its business activities. The group has also entered into overdraft agreements with financial institutions and believes that it can maintain a certain level of liquidity even if an event occurs that partially impairs liquidity. In the cumulative third quarter of the current consolidated fiscal year, given the uncertainty surrounding the impact of economic stagnation caused by the novel coronavirus disease and other factors, the company borrowed ¥100 million as working capital to continue its business operations.」
Cash and cash equivalents decreased from ¥7,279 million at the end of the previous consolidated fiscal year to ¥5,281 million. Short-term borrowings decreased from ¥650 million to ¥100 million, while the company also borrowed ¥100 million in working capital. Securing the necessary liquidity, declining cash and lower borrowings coexist. - FY2022-Q2Declines in cash and operating cash flow alongside lower borrowingsAnnual report
「Cash and cash equivalents, hereinafter referred to as funds, were ¥6,255 million at the end of the second quarter of the current consolidated fiscal year, down ¥1,023 million from the end of the previous consolidated fiscal year. Funds increased by ¥186 million as a result of operating activities, compared with an increase of ¥1,521 million in the same period of the previous year.」
Cash and cash equivalents decreased ¥1,023 million from the end of the previous consolidated fiscal year, while cash flow from operating activities also declined from ¥1,521 million in the same period of the previous year to ¥186 million. Short-term borrowings, meanwhile, decreased by a net ¥450 million. - FY2022-Q1Cash decline alongside lower borrowingsAnnual report
「Cash and cash equivalents of the group were ¥6,552 million at the end of the first quarter of the current consolidated fiscal year, and we believe that the group has secured the liquidity necessary to conduct its business activities. In the first quarter of the current consolidated fiscal year, given the uncertainty surrounding the impact of economic stagnation caused by the novel coronavirus disease and other factors, the company borrowed ¥350 million as working capital to continue its business operations.」
Cash and cash equivalents decreased from ¥7,279 million at the end of the previous consolidated fiscal year to ¥6,552 million, while short-term borrowings decreased from ¥650 million to ¥350 million. The disclosure pairs the company's statement that it has secured the necessary liquidity with a working-capital borrowing. - FY2021AdvancedAnnual report
「Funds increased by ¥2,943 million as a result of operating activities, compared with an increase of ¥2,545 million in the same period of the previous year.」
Cash flow from operating activities increased from ¥2,545 million to ¥2,943 million, and cash and cash equivalents also increased by ¥2,366 million from the end of the previous period to ¥7,279 million. - FY2021-Q3Continued cash growth and working-capital borrowingAnnual report
「Cash and cash equivalents of the group were ¥7,166 million at the end of the third quarter of the current consolidated fiscal year, and we believe that the group has secured the liquidity necessary to conduct its business activities. The group has also entered into overdraft agreements with financial institutions and believes that it can maintain a certain level of liquidity even if an event occurs that partially impairs liquidity. In the cumulative third quarter of the current consolidated fiscal year, given the uncertainty surrounding the impact of economic stagnation caused by the novel coronavirus disease and other factors, the company borrowed ¥1,300 million as working capital to continue its business operations.」
The company says it has secured the necessary liquidity with cash and cash equivalents of ¥7,166 million, while continuing to borrow ¥1,300 million in working capital to prepare for economic stagnation caused by the infection. - FY2021-Q2Improved liquidity alongside additional borrowingAnnual report
「Cash and cash equivalents, hereinafter referred to as funds, were ¥6,849 million at the end of the second quarter of the current consolidated fiscal year, up ¥1,936 million from the end of the previous consolidated fiscal year. Funds increased by ¥1,521 million as a result of operating activities, compared with an increase of ¥1,048 million in the same period of the previous year. In the second quarter of the current consolidated fiscal year, given the uncertainty surrounding the impact of economic stagnation caused by the novel coronavirus disease and other factors, the company borrowed ¥1,300 million as working capital to continue its business operations.」
Cash and cash equivalents increased ¥1,936 million from the end of the previous consolidated fiscal year, and cash flow from operating activities also increased by ¥1,521 million. At the same time, the company made an additional ¥1,300 million borrowing to continue its business, so improved liquidity coexists with borrowing-based measures. - FY2021-Q1WorsenedAnnual report
「In the first quarter of the current consolidated fiscal year, given the uncertainty surrounding the impact of economic stagnation caused by the novel coronavirus disease and other factors, the company borrowed ¥1,300 million as working capital to continue its business operations.」
Because the impact of the economic stagnation was uncertain, the company borrowed ¥1,300 million in working capital to continue its business. The disclosure records additional borrowing in the context of the theme of improving the financial position. - FY2020AdvancedAnnual report
「Funds increased by ¥2,545 million as a result of operating activities, compared with a decrease of ¥3,000 million in the same period of the previous year.」
Cash flow from operating activities turned from a decrease of ¥3,000 million in the previous period to an increase of ¥2,545 million, indicating concrete progress in improving cash flow. - FY2020-Q3WorsenedAnnual report
「Cash and cash equivalents of the group were ¥4,077 million at the end of the third quarter of the current consolidated fiscal year, and we believe that the group has secured the liquidity necessary to conduct its business activities.」
Cash and cash equivalents decreased from ¥4,359 million at the end of March 2019 to ¥4,077 million. Although the company says it has secured the necessary liquidity, its cash balance is below that at the end of the previous consolidated fiscal year. - FY2020-Q2AdvancedAnnual report
「Cash and cash equivalents, hereinafter referred to as funds, were ¥4,943 million at the end of the second quarter of the current consolidated fiscal year, up ¥517 million from the end of the previous consolidated fiscal year. Funds increased by ¥1,048 million as a result of operating activities, compared with a decrease of ¥2,187 million in the same period of the previous year.」
Cash and cash equivalents increased ¥517 million from the end of the previous consolidated fiscal year, while cash flow from operating activities also turned to an increase of ¥1,048 million. Concrete progress is evident in cash flow and financial-position improvement. - FY2020-Q1WorsenedAnnual report
「Net assets at the end of the first quarter of the current consolidated fiscal year were ¥14,108 million, down ¥91 million from the end of the previous consolidated fiscal year. This was mainly due to a decrease in retained earnings resulting from dividend payments.」
Net assets decreased ¥91 million from the end of the previous consolidated fiscal year. The theme of improving the financial position therefore continues to be accompanied by a decline in net assets in the current quarter. - FY2019WorsenedAnnual report
「Cash and cash equivalents, hereinafter referred to as funds, were ¥4,359 million at the end of the consolidated fiscal year, down ¥4,931 million from the end of the previous consolidated fiscal year. Funds decreased by ¥3,000 million as a result of operating activities, compared with a decrease of ¥1,532 million in the same period of the previous year.」
Cash and cash equivalents decreased from ¥9,291 million to ¥4,359 million, a decline of ¥4,931 million, while cash flow from operating activities also deteriorated to a negative ¥3,000 million. - FY2019-Q3WorsenedAnnual report
「Net assets at the end of the third quarter of the current consolidated fiscal year were ¥15,161 million, down ¥651 million from the end of the previous consolidated fiscal year. This was mainly due to a decrease in retained earnings resulting from the recognition of a quarterly net loss attributable to owners of the parent and dividend payments.」
Net assets decreased ¥651 million from the end of the previous consolidated fiscal year. Cash and deposits also decreased from ¥9,291 million to ¥4,648 million, although the company assesses the level of funds as sufficient to meet near-term requirements. - FY2019-Q2WorsenedAnnual report
「Cash and cash equivalents, hereinafter referred to as funds, were ¥6,120 million at the end of the second quarter of the current consolidated fiscal year, down ¥3,170 million from the end of the previous consolidated fiscal year.」
Cash and cash equivalents decreased ¥3,170 million from the end of the previous consolidated fiscal year, while cash flow from operating activities also decreased by ¥2,187 million. - FY2019-Q1WorsenedAnnual report
「Net assets at the end of the first quarter of the current consolidated fiscal year were ¥15,314 million, a decrease of ¥498 million from the end of the consolidated fiscal year.」
Net assets decreased ¥498 million from the end of the previous consolidated fiscal year due to the recognition of a quarterly net loss and dividend payments. - FY2017First statedAnnual report
「In addition, we will work to improve cash flow and strengthen our financial position.」
The company has identified strengthening cash flow and improving its financial position as medium- to long-term management objectives.