Material Uncertainty Related to the Going Concern Assumption
First written in FY2017. 30 of 39 entries say "Restated". Latest entry: 2026-10-13.
Quantum Solutions moved to the "Worse" side of this theme in 2026, 6 years after the typical company in this theme (2020).
The whole theme swung hardest in 2020: 30 of 71 companies on the "Worse" side.
41 other companies' latest entry also says "Restated".
- 2026-10-13RestatedOccurring Fact
「しかしながら、これらの施策の実現可能性は市場環境や資金調達状況等に依存するため、現時点においては継続企業の前提に関する重要な不確実性が存在しております。」
営業損失等が続く状況と、施策の実現可能性が市場環境や資金調達状況に依存することによる重要な不確実性が再確認されている。 - FY2027-H1Material Uncertainty Regarding Going Concern Continues Even After Net Assets RecoverAnnual report
「In the previous consolidated fiscal year, the Group recorded an operating loss, ordinary loss and net loss attributable to owners of the parent. In the interim consolidated accounting period, the Group also recorded an operating loss, ordinary loss and interim net loss. As a result, events or conditions existed that raised substantial doubt about the going concern assumption.」
After becoming balance-sheet insolvent in the previous fiscal year, net assets had recovered to ¥2.975 million at the end of the interim period, but operating, ordinary and interim net losses and negative cash flow from operating activities continued, and significant uncertainty remains. - FY2026WorsenedAnnual report
「In the previous and current consolidated fiscal years, the Group recorded significant operating losses, ordinary losses and net losses attributable to owners of the parent, and was in a state of negative net worth at the end of the current consolidated fiscal year. As a result, material uncertainty related to the going concern assumption arose.」
In addition to operating, ordinary and net losses continuing from the previous fiscal year, the Company became balance-sheet insolvent at the end of the current fiscal year, with material uncertainty related to the going concern assumption indicated as a more serious financial condition. - FY2026-H1RestatedAnnual report
「In the previous consolidated fiscal year, the Group recorded an operating loss, ordinary loss and net loss attributable to owners of the parent, and cash flow from operating activities was negative. In the interim consolidated accounting period, the Group also recorded an operating loss, ordinary loss and interim net loss, and cash flow from operating activities was negative. As a result, events or conditions existed that raised substantial doubt about the going concern assumption.」
In the interim consolidated accounting period, operating, ordinary and interim net losses and negative cash flow from operating activities continued, reconfirming material uncertainty related to the going concern assumption. - FY2025RestatedAnnual report
「In the current consolidated fiscal year, revenue increased, but the Company recorded an operating loss, ordinary loss and net loss attributable to owners of the parent, and cash flow from operating activities was negative. As a result, conditions existed that raised substantial doubt about the going concern assumption.」
Although revenue increased and losses narrowed, operating, ordinary and net losses and negative cash flow from operating activities continued, reconfirming material uncertainty related to the going concern assumption. - FY2025-H1RestatedAnnual report
「In the previous consolidated fiscal year, the Company recorded an operating loss, ordinary loss and net loss attributable to owners of the parent, and cash flow from operating activities was negative. In the interim consolidated accounting period, the Company also recorded an operating loss, ordinary loss and interim net loss, and cash flow from operating activities was negative. As a result, events or conditions existed that raised substantial doubt about the going concern assumption.」
Although revenue and the AI solutions business showed improvement, the consolidated results continued to include operating, ordinary and interim net losses and negative cash flow from operating activities, reconfirming a material uncertainty related to the going concern assumption. - FY2025-Q1RestatedAnnual report
「In the previous consolidated fiscal year, the Group recorded an operating loss, ordinary loss and net loss attributable to owners of the parent, and cash flow from operating activities was negative. In the six months ended the first quarter, the Group also recorded an operating loss, ordinary loss and net loss attributable to owners of the parent. As a result, events or conditions existed that raised substantial doubt about the going concern assumption.」
Against the backdrop of operating, ordinary and net losses recorded in the previous fiscal year and the first quarter, a material uncertainty related to the going concern assumption continued to be disclosed. - FY2024WorsenedAnnual report
「In the previous consolidated fiscal year, the Group recorded an operating loss, ordinary loss and net loss attributable to owners of the parent, and cash flow from operating activities was negative. In the current consolidated fiscal year, the Group has also recorded an operating loss, ordinary loss and net loss attributable to owners of the parent, and cash flow from operating activities remains negative.」
The Company recorded an operating loss of ¥942 million, ordinary loss of ¥783 million, net loss attributable to owners of the parent of ¥902 million and negative cash flow from operating activities of ¥657 million, and material uncertainty related to the going concern assumption continues. - FY2024-Q3RestatedAnnual report
「In the nine months ended the third quarter, the Company recorded an operating loss, ordinary loss and net loss attributable to owners of the parent. As a result, events or conditions existed that raised substantial doubt about the going concern assumption.」
The Company again recorded operating, ordinary and net losses for the quarter, and a material uncertainty related to the going concern assumption continued to be disclosed. - FY2024-Q2RestatedAnnual report
「In the six months ended the second quarter, the Company recorded an operating loss, ordinary loss and net loss attributable to owners of the parent, and cash flow from operating activities was negative. As a result, events or conditions existed that raised substantial doubt about the going concern assumption.」
Operating loss, ordinary loss, net loss attributable to owners of the parent and negative cash flow from operating activities continued, and a material uncertainty related to the going concern assumption continued to be disclosed. - FY2024-Q1RestatedAnnual report
「During the cumulative first quarter of the current consolidated fiscal year, the Group recorded an operating loss, an ordinary loss and a quarterly net loss attributable to owners of the parent. These circumstances indicate the existence of events or conditions that raise substantial doubt about the going-concern assumption.」
The Company recorded an operating loss, ordinary loss and net loss attributable to owners of the parent for the quarter, and a material uncertainty related to the going concern assumption continues to be disclosed. - FY2023WorsenedAnnual report
「During the current consolidated fiscal year, the Group recorded an operating loss, an ordinary loss and a net loss attributable to owners of the parent, while cash flows from operating activities remained negative. These circumstances indicate the existence of events or conditions that raise substantial doubt about the going-concern assumption.」
An operating loss of ¥394 million, an ordinary loss of ¥156 million, a net loss of ¥954 million and negative cash flows from operating activities of ¥379 million were recorded, and substantial doubt about the going-concern assumption continues. - FY2023-Q3RestatedAnnual report
「During the cumulative third quarter of the current consolidated fiscal year, net sales declined, and the Group recorded an operating loss, an ordinary loss and a quarterly net loss attributable to owners of the parent. These circumstances indicate the existence of conditions that raise substantial doubt about the going-concern assumption.」
Declining revenue and the recording of operating, ordinary and net losses have continued, and substantial doubt about the going-concern assumption continues to be disclosed. - FY2023-Q1RestatedAnnual report
「During the cumulative first quarter of the current consolidated fiscal year, net sales declined from the same period of the previous year, and the Group recorded an operating loss and an ordinary loss. These circumstances indicate the existence of events or conditions that raise substantial doubt about the going-concern assumption.」
Conditions raising substantial doubt about the going-concern assumption continue to be disclosed due to declining net sales and the recording of operating and ordinary losses. - FY2022RestatedAnnual report
「During the current consolidated fiscal year, the Group continued to record an operating loss, an ordinary loss and a net loss attributable to owners of the parent, while cash flows from operating activities remained negative.」
Losses and negative cash flows from operating activities have continued, and material uncertainty regarding the going-concern assumption continues to be recognised. - FY2022-Q3RestatedAnnual report
「During the cumulative third quarter of the current consolidated fiscal year, net sales increased, but the Group recorded an operating loss, an ordinary loss and a quarterly net loss attributable to owners of the parent. These circumstances indicate the existence of conditions that raise substantial doubt about the going-concern assumption.」
Although net sales increased and the amount of losses declined from the same period of the previous year, operating, ordinary and net losses continued, and substantial doubt and material uncertainty regarding the going-concern assumption continue to be recognised. - FY2022-Q2RestatedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, net sales increased, but the Group recorded an operating loss, an ordinary loss and a quarterly net loss attributable to owners of the parent, as well as negative cash flows from operating activities. These circumstances indicate the existence of conditions that raise substantial doubt about the going-concern assumption.」
Although net sales increased, losses at each level and negative cash flows from operating activities continued, and substantial doubt and material uncertainty regarding the going-concern assumption continue to be recognised. - FY2022-Q1RestatedAnnual report
「Although net sales increased slightly from the same period of the previous year, the Group recorded an operating loss, an ordinary loss and a quarterly net loss attributable to owners of the parent. These circumstances indicate the existence of conditions that raise substantial doubt about the going-concern assumption.」
Although net sales increased slightly and losses narrowed, operating, ordinary and net losses continued, and substantial doubt and material uncertainty regarding the going-concern assumption continue to be recognised. - FY2021WorsenedAnnual report
「As a result, the Group recorded a net loss for 5 consecutive consolidated fiscal periods, beginning with the 18th fiscal period (1 March 2016 to 28 February 2017).」
The net loss has continued for 5 consecutive consolidated fiscal periods, and the current fiscal year also includes declining sales, losses at each level and negative cash flows from operating activities, indicating more serious actual results involving substantial doubt and material uncertainty regarding the going-concern assumption. - FY2021-Q3RestatedAnnual report
「During the cumulative third quarter of the current consolidated fiscal year, net sales continued to decline, and the Group recorded an operating loss, an ordinary loss and a quarterly net loss attributable to owners of the parent. These circumstances indicate the existence of conditions that raise substantial doubt about the going-concern assumption.」
Substantial doubt regarding the going-concern assumption, arising from declining revenue and operating, ordinary and net losses, continues to be disclosed. - FY2021-Q2RestatedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, net sales declined, and the Group recorded an operating loss, an ordinary loss and a quarterly net loss attributable to owners of the parent, as well as negative cash flows from operating activities. These circumstances indicate the existence of conditions that raise substantial doubt about the going-concern assumption.」
Substantial doubt regarding the going-concern assumption, arising from declining revenue, operating, ordinary and net losses and negative cash flows from operating activities, continues to be disclosed. The measures are still being implemented, and material uncertainty also continues. - FY2021-Q1RestatedAnnual report
「The measures to resolve or improve the material events concerned are described in “Notes (Matters concerning the going-concern assumption),” but the measures are still being implemented, and material uncertainty regarding the going-concern assumption is recognised at present.」
Measures including withdrawing from or launching businesses, improving existing businesses and securing funding are still being implemented, and material uncertainty regarding the going-concern assumption continues to be disclosed. - FY2020RestatedAnnual report
「During the current consolidated fiscal year, net sales continued to decline, and the Group recorded an operating loss, an ordinary loss and a net loss attributable to owners of the parent, while cash flows from operating activities remained negative. These circumstances indicate the existence of conditions that raise substantial doubt about the going-concern assumption.」
Against a backdrop of declining revenue, losses at each level and negative cash flows from operating activities, substantial doubt and material uncertainty regarding the going-concern assumption continue to be disclosed. - FY2020-Q3RestatedAnnual report
「During the cumulative third quarter of the current consolidated fiscal year, net sales declined, and the Group recorded an operating loss, an ordinary loss and a quarterly net loss attributable to owners of the parent. These circumstances indicate the existence of conditions that raise substantial doubt about the going-concern assumption.」
Operating, ordinary and net losses have continued to be recorded, and substantial doubt about the going-concern assumption continues to be recognised. - FY2020-Q2RestatedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, net sales declined, and the Group recorded an operating loss, an ordinary loss and a quarterly net loss attributable to owners of the parent, as well as negative cash flows from operating activities. These circumstances indicate the existence of conditions that raise substantial doubt about the going-concern assumption.」
Declining net sales, losses at each level and negative cash flows from operating activities have continued, and substantial doubt and material uncertainty regarding the going-concern assumption continue to be disclosed. - FY2020-Q1RestatedAnnual report
「In the previous consolidated fiscal year, the Group experienced a decline in net sales, recorded an operating loss and generated negative cash flows from operating activities. During the cumulative first quarter of the current consolidated fiscal year, net sales also declined, and the Group recorded an operating loss, an ordinary loss and a quarterly net loss attributable to owners of the parent. These circumstances indicate the existence of conditions that raise substantial doubt about the going-concern assumption.」
Against a backdrop of declining net sales and operating, ordinary and net losses, substantial doubt and material uncertainty regarding the going-concern assumption continue to be disclosed. - FY2019RestatedAnnual report
「However, the feasibility of these measures depends on results affected by market conditions, demand trends and competition from other companies, among other factors, and is also influenced by the intentions of warrant holders and investors and whether the business plan is achieved. Accordingly, material uncertainty regarding the going-concern assumption is recognised at present.」
Because the feasibility of the various measures depends on market conditions, demand, competition and investors, among other factors, material uncertainty regarding the going-concern assumption continues to be recognised. - FY2019-Q3RestatedAnnual report
「Regarding measures to resolve or improve the material events concerned, “”; the measures are still being implemented, and material uncertainty regarding the going-concern assumption is recognised at present.」
Net sales have continued to decline significantly and losses have continued to be recorded, while the measures are still being implemented. Accordingly, material uncertainty regarding the going-concern assumption continues to be disclosed. It is also explained that there are no newly arising risks or material changes from the previous fiscal year. - FY2019-Q2RestatedAnnual report
「In the previous consolidated fiscal year, the Group experienced a significant decline in net sales, recorded an operating loss and generated negative cash flows from operating activities. During the cumulative second quarter of the current consolidated fiscal year, net sales continued to decline significantly, and the Group recorded an operating loss, an ordinary loss and a quarterly net loss attributable to owners of the parent, while cash flows from operating activities also remained negative. These circumstances indicate the existence of conditions that raise substantial doubt about the going-concern assumption.」
Significant declines in net sales, losses at each level and negative cash flows from operating activities have continued, and substantial doubt about the going-concern assumption continues to be disclosed. The measures are still being implemented, and material uncertainty also continues. - FY2019-Q1RestatedAnnual report
「The measures to resolve or improve the material events concerned are described in “Notes (Note regarding the going-concern assumption),” but the measures are still being implemented, and material uncertainty regarding the going-concern assumption is recognised at present.」
The measures are still being implemented, and material uncertainty regarding the going-concern assumption continues to be recognised. It is also stated that there have been no material changes in business and other risks. - FY2018RestatedAnnual report
「However, the feasibility of these measures depends on results affected by market conditions, demand trends and competition from other companies, among other factors, and is also influenced by the intentions of warrant holders and investors and whether the business plan is achieved. Accordingly, material uncertainty regarding the going-concern assumption is recognised at present.」
Although progress such as completion of payment for the share transfer consideration is described, material uncertainty remains regarding measures involving the business plan and financing. - FY2018-Q3RestatedAnnual report
「However, the feasibility of these measures depends on results affected by market conditions, demand trends and competition from other companies, among other factors, and is also influenced by the intentions of warrant holders and investors and whether the business plan is achieved. Accordingly, material uncertainty regarding the going-concern assumption is recognised at present.」
Although progress such as completion of payment for the share transfer consideration is described, net sales continued to decline significantly and losses continued to be recorded, leaving material uncertainty regarding the going-concern assumption while the measures remain under implementation. - FY2018-Q2RestatedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, cash flows from operating activities turned positive, but net sales continued to decline significantly, and the Group recorded an operating loss, an ordinary loss and a quarterly net loss attributable to owners of the parent.」
Cash flows from operating activities turned positive, but net sales continued to decline significantly and losses continued to be recorded, leaving material uncertainty regarding the going-concern assumption. - FY2018-Q1RestatedAnnual report
「The feasibility of these measures depends on results affected by market conditions, demand trends and competition from other companies, among other factors, and is also influenced by the intentions of warrant holders and investors and whether the business plan is achieved. Accordingly, material uncertainty regarding the going-concern assumption is recognised at present.」
Although the settlement and various measures are described, the measures are still being implemented, and material uncertainty regarding the going-concern assumption continues to be recognised. - FY2017MaterialisedAnnual report
「These circumstances give rise to conditions that may cast significant doubt on the going-concern assumption.」
Material uncertainty regarding the going-concern assumption is explicitly disclosed against a backdrop of an operating loss of ¥316.469 million, an ordinary loss of ¥289.525 million, a net loss attributable to owners of the parent of ¥459.162 million and negative cash flows from operating activities, among other factors.