Operating Losses for 4 Consecutive Periods and Failure to Turn Profitable
First written in FY2022. 5 of 12 entries say "Worsened", first in FY2024-Q3. Latest entry: 2026-08-12.
Fukutome Meat Packers moved to the "Worse" side of this theme in 2023, 4 years after the typical company in this theme (2019).
The whole theme swung hardest in 2023: 4 of 6 companies on the "Worse" side.
0 other companies' latest entry also says "Restated".
- 2026-08-12RestatedEarnings
「In the previous consolidated fiscal year, the Group recorded an operating loss for the eighth consecutive fiscal year and negative cash flows from operating activities for the fourth consecutive fiscal year, and it also recorded an operating loss during the first quarter of the current consolidated cumulative period.」
The disclosure states that, following 8 consecutive fiscal years of operating losses and 4 consecutive fiscal years of negative cash flows from operating activities, the Company also recorded an operating loss in the first quarter. - FY2026WorsenedAnnual report
「During the consolidated fiscal year, the Group recorded an operating loss for the eighth consecutive fiscal year and negative cash flows from operating activities for the fourth consecutive fiscal year, giving rise to events or circumstances that raise substantial doubt about the Group's ability to continue as a going concern.」
Operating losses extended from 7 consecutive fiscal years in the previous fiscal year to 8 consecutive fiscal years, while negative cash flow from operating activities extended from 3 to 4 consecutive fiscal years. - 2026-05-14WorsenedEarnings
「During the consolidated fiscal year, the Group recorded an operating loss for the eighth consecutive fiscal year and negative cash flows from operating activities for the fourth consecutive fiscal year, giving rise to events or circumstances that raise substantial doubt about the Group's ability to continue as a going concern.」
The operating deficit has continued for 8 consecutive fiscal years, while cash flows from operating activities have been negative for 4 consecutive fiscal years, prolonging the failure to return to profitability. - FY2026-H1RestatedAnnual report
「The Group has reported operating losses for 7 consecutive fiscal years and negative cash flow from operating activities for the third consecutive fiscal year. It also reported a material operating loss and negative cash flow from operating activities in the interim consolidated accounting period of the current fiscal year.」
The Group again disclosed operating losses for 7 consecutive fiscal years and negative cash flow from operating activities for 3 consecutive fiscal years. In the interim period, it reported an operating loss of ¥404 million and cash outflow from operating activities of ¥390 million. - FY2025WorsenedAnnual report
「The Group has reported operating losses for 7 consecutive fiscal years and negative cash flow from operating activities for the third consecutive fiscal year. As a result, events or conditions exist that raise significant doubt about the Group's ability to continue as a going concern.」
Operating losses extended from 4 consecutive fiscal years in the previous fiscal year to 7 consecutive fiscal years, while negative cash flow from operating activities extended from 2 to 3 consecutive fiscal years, further prolonging the failure to return to profitability. - FY2025-H1MaterialisedAnnual report
「In the previous consolidated fiscal year, the Group reported a material operating loss and negative cash flow from operating activities for the second consecutive fiscal year. In the interim consolidated accounting period of the current fiscal year, it also reported a material operating loss and negative cash flow from operating activities. As a result, events or conditions exist that raise significant doubt about the Group's ability to continue as a going concern.」
In the interim consolidated accounting period of the current fiscal year, the Group reported an operating loss of ¥351 million and cash outflow from operating activities of ¥190 million, indicating that the failure to return to profitability and negative operating cash flow have continued. - FY2024WorsenedAnnual report
「The Group has reported a material operating loss in the current consolidated fiscal year and negative cash flow from operating activities for the second consecutive fiscal year. As a result, events or conditions exist that raise significant doubt about the Group's ability to continue as a going concern.」
Because operating losses continued and cash flow from operating activities was negative for the second consecutive fiscal year, the ongoing failure to return to profitability was explicitly identified as a material uncertainty related to the going-concern assumption. - FY2024-Q3WorsenedAnnual report
「Operating loss was ¥171 million (operating loss of ¥152 million in the same quarter of the previous year), and ordinary loss was ¥144 million (ordinary loss of ¥113 million in the same quarter of the previous year).」
Operating losses continued after the disclosure of operating losses for 4 consecutive fiscal years. For the 9-month period of the current fiscal year, operating loss increased from ¥152 million in the same period of the previous year to ¥171 million. The failure to return to profitability has continued. - FY2024-Q2MaterialisedAnnual report
「Operating loss was ¥199 million (operating loss of ¥179 million in the same quarter of the previous year), and ordinary loss was ¥176 million (ordinary loss of ¥157 million in the same quarter of the previous year).」
Operating losses continued after the disclosure of operating losses for 4 consecutive fiscal years in the previous fiscal year. For the 6-month period of the current fiscal year, both operating loss and ordinary loss increased from the same period of the previous year, indicating that the failure to return to profitability has continued. - FY2024-Q1MaterialisedAnnual report
「Operating loss was ¥79 million (operating loss of ¥75 million in the same quarter of the previous year), and ordinary loss was ¥51 million (ordinary loss of ¥48 million in the same quarter of the previous year).」
Even after disclosing operating losses for 4 consecutive fiscal years in the previous fiscal year, the Company reported an operating loss in the first quarter of the current fiscal year, indicating that the failure to return to profitability has continued. - FY2023-Q3MaterialisedAnnual report
「Operating loss was ¥152 million (operating loss of ¥153 million in the same quarter of the previous year), ordinary loss was ¥113 million (ordinary loss of ¥109 million in the same quarter of the previous year), and net loss attributable to owners of the parent was ¥134 million (net income attributable to owners of the parent of ¥57 million in the same quarter of the previous year).」
Following the previous fiscal year, when operating losses for 4 consecutive fiscal years were disclosed, the Company also reported an operating loss for the 9-month period of the current fiscal year, indicating that the failure to return to profitability has continued. - FY2022First statedAnnual report
「Since the fiscal year ended March 2019, the Group has reported operating losses for 4 consecutive fiscal years. In addition, raw material prices and energy costs continue to rise sharply, creating a risk of further deterioration in the operating environment.」
For the first time, the 4 consecutive fiscal years of operating losses since the fiscal year ended March 2019 were explicitly identified as a risk of deteriorating performance, and initiatives to return to profitability were described.