Ensuring the Viability of Business Activities
First written in FY2020-Q3. 5 of 11 entries say "Advanced", first in FY2020. Latest entry: FY2024-Q3.
The whole theme swung hardest in 2023: 1 of 10 companies on the "Worse" side.
0 other companies' latest entry also says "Advanced".
- FY2024-Q3AdvancedAnnual report
「The company recognizes that, as the performance of its collaboration stores has improved markedly and store operating costs have become more efficient, it can expect to return to profitability from the second half onward. Together with the solid performance of the beauty business, the company group is expected to return to profitability from the fiscal year ending August 2024 onward.」
The company has added improved performance at collaboration stores and more efficient store operating costs as factors supporting a return to profitability, and indicated that the group is expected to return to profitability from the fiscal year ending August 2024 onward. - FY2024-Q2AdvancedAnnual report
「As economic activity has normalized for a sustained period, demand in the restaurant business has recovered to around pre-pandemic levels. Demand at the karaoke-room operations has also reached levels in line with a typical year, although it has not recovered to pre-pandemic levels, and store operating costs have been made more efficient. As a result, the company is now in a position to expect a return to profitability from the second half onward.」
With restaurant demand recovering, karaoke demand returning to typical annual levels, and store operating costs becoming more efficient, the company has reached the point where it expects the group to return to profitability from the second half onward. - FY2023-Q2RestatedAnnual report
「These circumstances include events or conditions that raise substantial doubt about the going-concern assumption. The company will work to improve the situation by implementing the measures described in “Part 4 Financial Information, 1. Quarterly Consolidated Financial Statements, Notes to the Financial Statements (Matters Related to the Going-Concern Assumption).”」
Against a backdrop of operating losses, ordinary losses, quarterly net losses and the slow recovery of the karaoke business, the company continues to identify ensuring business continuity as a challenge. - FY2023-Q1RestatedAnnual report
「To address these circumstances, the company group will implement the following initiatives to improve its earnings base and strengthen and stabilize its financial base.」
The company continues to pursue selective allocation of management resources, more efficient store and head-office costs, a shift toward businesses that provide an earnings base, and new working-capital funding and equity strengthening as business-continuity measures. - FY2022AdvancedAnnual report
「To address these circumstances, the company group will implement the following initiatives to improve its earnings base and strengthen and stabilize its financial base.」
The company has organized its measures into 4 areas—store selection, reductions in store and head-office costs, a shift toward businesses that provide an earnings base, and working-capital funding and equity strengthening—and has specified its business-continuity measures. - FY2022-Q3RestatedAnnual report
「In addition to reviewing the operation of existing businesses and rebuilding the businesses it operates, including entering the delivery business, the company group is working to remain in business by reducing costs, promoting efficient operations and utilizing various support measures, including employment-adjustment subsidies and grants for cooperation in preventing infections, as it did in the previous fiscal year.」
To remain in business, the company continues to review the operation of existing businesses, operate the delivery business, reduce costs, improve efficiency and utilize various support measures. - FY2022-Q1AdvancedAnnual report
「In addition to reviewing the operation of existing businesses and rebuilding the businesses it operates, including entering the delivery business, the company group is working to remain in business by reducing costs, promoting efficient operations and utilizing various support measures, including employment-adjustment subsidies and grants for cooperation in preventing infections, as it did in the previous fiscal year.」
To ensure business continuity, the company is reviewing the operation of existing businesses while entering the delivery business, reducing costs and utilizing various support measures. - FY2021-Q3RestatedAnnual report
「① Selective allocation of management resources and review of the business plan; ② consistent implementation of head-office operating cost reductions」
To ensure business continuity, the company continues to pursue store selection and business-plan reviews based on future profitability, as well as reductions in head-office operating costs. - FY2021-Q1RestatedAnnual report
「The company will continue to request cooperation from its lending financial institutions to stabilize its financial base, while implementing initiatives to stabilize long-term funding and ensure business continuity.」
To ensure business continuity, the company continues to identify requests for cooperation from financial institutions, stabilization of long-term funding and business continuity as key challenges and measures. - FY2020AdvancedAnnual report
「To resolve these circumstances, the company group will implement the following measures.」
To ensure business continuity, the company has specified measures including assumptions for sales recovery, refinancing, additional funding, infection-control measures, integration of acquired businesses, and capital and human-resource investment. - FY2020-Q3First statedAnnual report
「With no clear end in sight to the spread of COVID-19, the company group considers its most important current challenge to be ensuring the continuity of business operations and will implement the following measures.」
The company first explicitly identified ensuring business continuity as its top priority in responding to closures, negative net worth and cash-flow pressures caused by COVID-19.