Risk of Failure to Achieve the Medium-Term Management Plan and Investment Plan
First written in FY2019. 4 of 8 entries say "Mitigated", first in FY2023-Q1. Latest entry: FY2024.
The whole theme swung hardest in 2025: 11 of 19 companies on the "Worse" side.
2 other companies' latest entry also says "Mitigated".
- FY2024MitigatedAnnual report
「As there are no serious concerns regarding cash flow for the foreseeable future, we believe that, during the current consolidated fiscal year, the events or circumstances that could give rise to significant doubt about the going-concern assumption have been resolved.」
The company indicates that the material events related to the going-concern assumption have been resolved, supported by the consent of its financial institutions and overdraft facilities and commitment lines. - FY2024-Q2MitigatedAnnual report
「Accordingly, the group has determined that, during the cumulative second quarter of the current consolidated fiscal year, the events or circumstances that could raise significant doubt about the going concern assumption had been resolved.」
We believe that the material events related to the going-concern assumption have been resolved. However, we expect to obtain a waiver from the financial institutions of their right to demand the loss of the benefit of time with respect to the remaining financial covenants. - FY2024-Q1RestatedAnnual report
「However, if the measures do not progress as scheduled, they may affect the business, operating results and financial position.」
The group continues to disclose the risk of an impact on its business, operating results and financial position if measures related to the going concern assumption do not progress as scheduled. - FY2023MitigatedAnnual report
「The group has obtained the consent of financial institutions not to exercise their rights relating to acceleration under all syndicated loan agreements containing financial covenants that have been breached, and has determined that no material uncertainty exists regarding the going concern assumption.」
While breaches of financial covenants continue, the group has obtained the consent of financial institutions not to exercise their rights under all relevant syndicated loan agreements and has indicated that no material uncertainty exists regarding the going concern assumption. - FY2023-Q1MitigatedAnnual report
「To resolve these circumstances, the group is working to transform its management structure to one that is resilient to changes in the operating environment and has separately entered into overdraft agreements and committed credit line agreements with financial institutions. The group has determined that there are no material concerns regarding liquidity for the time being and that no material uncertainty exists regarding the going concern assumption.」
In addition to transforming its management structure, the group has entered into overdraft agreements and committed credit line agreements and has indicated that there are no material concerns regarding liquidity for the time being. However, the risk of an impact if the measures are delayed remains. - FY2022RestatedAnnual report
「However, if the measures do not progress as scheduled, they may affect the business, operating results and financial position.」
The company has reaffirmed the risk of failing to achieve the medium-term and investment plans if measures related to the going concern assumption do not progress as scheduled. - FY2022-Q2ReframedAnnual report
「To resolve these events or circumstances, the company has taken measures to resolve and improve the material events and circumstances described in section 2, Analysis of Financial Position, Operating Results and Cash Flows by Management, (3) Improvement Measures to Resolve Material Events and Circumstances Related to the Going Concern Assumption. The company has determined that no material uncertainty exists regarding the going concern assumption. However, if the measures do not progress as scheduled, they may affect the business, operating results and financial position.」
The risk of failing to achieve the medium-term and investment plans has taken concrete form as the risk that measures to resolve material events and circumstances related to the going concern assumption may not progress as planned. - FY2019First statedAnnual report
「In addition to inaccurate or insufficient assumptions and forecasts, various factors, including unexpected expenses and delays, changes or cancellations involving new store openings and other investment plans, may cause operating income or loss and other results not to progress as planned.」
The company identifies as risks to achieving its medium-term management plan and new store opening and investment plans errors in assumptions, the occurrence of expenses, and delays, changes or cancellations.