Continuing Operating Losses and Significant Doubt Regarding Going Concern
First written in FY2017. 10 of 16 entries say "Restated". Latest entry: 2026-09-14.
The whole theme swung hardest in 2025: 26 of 48 companies on the "Worse" side.
20 other companies' latest entry also says "Restated".
- 2026-09-14RestatedEarningsSuggests it is closing out
「(Notes on going concern) None applicable.」
The absence of a note regarding the going concern assumption was reaffirmed, and is recorded as suggesting that the relevant risk has ended. - FY2025DroppedAnnual report
「Operating loss of ¥32.624 million, compared with operating profit of ¥22.459 million in the previous fiscal year」
This filing does not separately disclose material doubt about the going concern assumption. Although an operating loss was recorded, it describes the outlook for operating profit in the fiscal year ending October 2026 and measures to restore profitability. - FY2025-H1RestatedAnnual report
「Against this backdrop, based on its corporate philosophy of “revolutionizing agriculture and enriching people's food and lives by becoming a company that benefits and serves Japanese agriculture,” the Group formulated a medium-term management plan covering 2024 through 2028. With the aim of becoming a Berg Earth Group capable of achieving breakthrough growth and moving to the next stage in 10 years, the Group established the following 4 business strategies as its basic policies: “further expansion and stronger profitability of the seedling business,” “development of new products and technologies,” “expansion of business areas originating from the seedling business,” and “strengthening of business infrastructure.”」
The medium-term management plan covering 2024 through 2028 and its 4 business strategies continue to serve as the basic policies. - FY2023MitigatedAnnual report
「In the fiscal year ended October 2023, although labor costs increased and manufacturing costs rose due to higher raw-material prices, profitability improved as prices were revised to appropriate levels. Sales of original products also increased, and the business integration with 伊予農産株式会社 increased agricultural-material sales and strengthened purchasing power, among other factors. The Company therefore recorded operating profit.」
After 3 consecutive years of operating losses, the Company recorded operating profit in the fiscal year ended October 2023. Operating conditions that had raised doubt about the going concern assumption began to improve. - FY2023-Q2RestatedAnnual report
「The Group incurred recurring operating losses for 3 consecutive periods through the previous consolidated fiscal year. Although events or conditions that raise significant doubt about the going concern assumption continue to exist, as described in “2. Management's Discussion and Analysis of Financial Position, Operating Results and Cash Flows, (7) Matters Related to the Going Concern Assumption,” the Group is working to restore profitability by implementing specific measures to resolve these events and conditions. The Group determined that no material uncertainty related to the going concern assumption existed and did not include a note in the quarterly consolidated financial statements.」
The filing continues to disclose operating losses for 3 consecutive periods and material doubt about the going concern assumption. Meanwhile, the Group maintains the determination that no material uncertainty exists because specific measures are being implemented. - FY2023-Q1RestatedAnnual report
「The Group incurred recurring operating losses for 3 consecutive periods through the previous consolidated fiscal year. Although events or conditions that raise significant doubt about the going concern assumption continue to exist, as described in “2. Management's Discussion and Analysis of Financial Position, Operating Results and Cash Flows, (6) Matters Related to the Going Concern Assumption,” the Group is working to restore profitability by implementing specific measures to resolve these events and conditions. The Group determined that no material uncertainty related to the going concern assumption existed and did not include a note in the quarterly consolidated financial statements.」
The filing continues to disclose operating losses for 3 consecutive periods through the previous consolidated fiscal year and material doubt about the going concern assumption. Meanwhile, the Group maintains the determination that no material uncertainty exists because specific measures are being implemented. - FY2022WorsenedAnnual report
「The Group recorded an operating loss of ¥54.184 million in the previous consolidated fiscal year and an operating loss of ¥58.613 million in the fiscal year under review, resulting in recurring operating losses. Accordingly, events or conditions that raise significant doubt about the going concern assumption exist.」
The operating loss widened from ¥54.184 million in the previous fiscal year to ¥58.613 million, and the management policy discussion describes operating losses for 3 consecutive periods. Material doubt about the going concern assumption continues to be explicitly disclosed. - FY2022-Q3RestatedAnnual report
「The Group recorded an operating loss of ¥54.184 million in the previous consolidated fiscal year, resulting in recurring operating losses for 2 consecutive periods. Although events or conditions that raise significant doubt about the going concern assumption continue to exist, the Group is working to restore profitability by implementing specific measures to resolve these events and conditions. The Group determined that no material uncertainty related to the going concern assumption existed and did not include a note in the quarterly consolidated financial statements.」
Although operating losses for 2 consecutive periods and material doubt about the going concern assumption continue, the Group maintains the determination that no material uncertainty exists because specific measures are being implemented. - FY2022-Q2RestatedAnnual report
「The Group recorded an operating loss of ¥54.184 million in the previous consolidated fiscal year, resulting in recurring operating losses for 2 consecutive periods. Although events or conditions that raise significant doubt about the going concern assumption continue to exist, as described in “2. Management's Discussion and Analysis of Financial Position, Operating Results and Cash Flows, (7) Matters Related to the Going Concern Assumption,” the Group is working to restore profitability by implementing specific measures to resolve these events and conditions. The Group determined that no material uncertainty related to the going concern assumption existed and did not include a note in the quarterly consolidated financial statements.」
The filing states that operating losses for 2 consecutive periods and material doubt about the going concern assumption continue, while maintaining the determination that no material uncertainty exists because specific measures are being implemented. - FY2022-Q1RestatedAnnual report
「The Group recorded an operating loss of ¥54.184 million in the previous consolidated fiscal year, resulting in recurring operating losses for 2 consecutive periods. Although events or conditions that raise significant doubt about the going concern assumption continue to exist, the Group determined that no material uncertainty related to the going concern assumption existed and did not include a note in the quarterly consolidated financial statements.」
The filing reports an operating loss of ¥54.184 million in the previous consolidated fiscal year and states that operating losses for 2 consecutive periods and material doubt about the going concern assumption continue. Meanwhile, the Group continues to determine that no material uncertainty exists. - FY2021First statedAnnual report
「The Group recorded an operating loss of ¥124.479 million in the previous consolidated fiscal year and an operating loss of ¥54.184 million in the fiscal year under review, resulting in recurring operating losses. Although events or conditions that raise significant doubt about the going concern assumption exist, the Group determined that no material uncertainty related to the going concern assumption existed and did not include a note in the consolidated financial statements.」
After the disclosure disappeared in FY2018, events or conditions raising material doubt about the going concern assumption were explicitly disclosed again against the backdrop of operating losses for 2 consecutive periods. However, the Group stated that it determined that no material uncertainty existed. - FY2018DroppedAnnual report
「As a result, for the consolidated fiscal year under review, net sales were ¥4,698.508 million, up 1.6% from the previous fiscal year; operating profit was ¥13.641 million, compared with an operating loss of ¥59.175 million in the previous fiscal year; and ordinary profit was ¥29.277 million, compared with an ordinary loss of ¥71.410 million in the previous fiscal year.」
The material doubt about the going concern assumption that had been disclosed through the previous quarter was not presented separately in the current year's discussion, which reported a return to operating profit and ordinary profit. - FY2018-Q3RestatedAnnual report
「The Group recorded an operating loss of ¥59.175 million in the previous consolidated fiscal year, resulting in recurring operating losses for 2 consecutive periods. Although events or conditions that raise significant doubt about the going concern assumption continue to exist, the Group is working to restore profitability by implementing specific measures to resolve these events and conditions. The Group determined that no material uncertainty related to the going concern assumption existed and did not include a note in the quarterly consolidated financial statements.」
The filing states that operating losses for 2 consecutive periods and material doubt about the going concern assumption continue. Meanwhile, the Group continues to determine that no material uncertainty exists because it is implementing specific measures. - FY2018-Q2RestatedAnnual report
「The Group recorded an operating loss of ¥59.175 million in the previous consolidated fiscal year, resulting in recurring operating losses for 2 consecutive periods. Although events or conditions that raise significant doubt about the going concern assumption continue to exist, the Group is working to restore profitability by implementing specific measures to resolve these events and conditions. The Group determined that no material uncertainty related to the going concern assumption existed and did not include a note in the quarterly consolidated financial statements.」
The filing reports an operating loss of ¥59.175 million in the previous consolidated fiscal year and operating losses for 2 consecutive periods, stating that material doubt about the going concern assumption continues. Meanwhile, the Group continues to determine that no material uncertainty exists because it is implementing specific measures. - FY2018-Q1RestatedAnnual report
「The Group recorded an operating loss of ¥59.175 million in the previous consolidated fiscal year, resulting in recurring operating losses for 2 consecutive periods. Although events or conditions that raise significant doubt about the going concern assumption continue to exist, the Group is working to restore profitability by implementing specific measures to resolve these events and conditions. The Group determined that no material uncertainty related to the going concern assumption existed and did not include a note in the quarterly consolidated financial statements.」
The filing reports an operating loss of ¥59.175 million in the previous consolidated fiscal year and operating losses for 2 consecutive periods, stating that material doubt about the going concern assumption continues. Meanwhile, the Group continues to determine that no material uncertainty exists because it is implementing specific measures. - FY2017First statedAnnual report
「These upfront investments have resulted in recurring operating losses, and events or conditions exist that raise significant doubt about the going concern assumption.」
As a result of upfront investments in domestic capital expenditures, research and technology development, and overseas business expansion, recurring operating losses and material uncertainty related to the going concern assumption were disclosed for the first time as a separate risk. However, the Company determined that no material uncertainty existed and did not include a note.