Deterioration of the Financial Foundation Due to a Substantial Net Loss for the Current Period and the Need for Capital Policies
First written in FY2021. 15 of 19 entries say "Mitigated", first in FY2022-Q3. Latest entry: FY2027-H1.
1 other company's latest entry also says "Mitigated".
- FY2027-H1MitigatedAnnual report
「At the end of the interim consolidated accounting period, total assets were ¥10,502 million, down ¥219 million from the end of the previous consolidated fiscal year. Liabilities were ¥8,635 million, down ¥366 million, and net assets were ¥1,866 million, up ¥147 million.」
Net assets increased by ¥147 million, mainly due to the recording of interim net income of ¥62 million, while liabilities decreased by ¥366 million. Financial metrics improved during the interim period in relation to the theme of a weakening financial base due to substantial losses. - FY2026WorsenedAnnual report
「At the end of the fiscal year, total assets were ¥10,722 million, an increase of ¥908 million from the end of the previous fiscal year. Liabilities were ¥9,002 million, an increase of ¥1,136 million, while net assets were ¥1,719 million, a decrease of ¥228 million.」
Although the Company recorded net income of ¥312 million, capital surplus decreased by ¥476 million due to the redemption of Class B shares and other transactions, net assets decreased by ¥228 million, and the equity ratio also declined. - FY2026-H1MitigatedAnnual report
「At the end of the interim consolidated accounting period, total assets were ¥10,546 million, up ¥733 million from the end of the previous consolidated fiscal year. Liabilities were ¥8,433 million, up ¥568 million, and net assets were ¥2,112 million, up ¥164 million.」
During the interim consolidated accounting period, the Company recorded interim net income of ¥165 million, and net assets increased by ¥164 million. Liabilities also increased by ¥568 million, but the financial base improved due to the increase in net assets. - FY2025MitigatedAnnual report
「At the end of the current consolidated fiscal year, total assets were ¥9,813 million, up ¥664 million from the end of the previous consolidated fiscal year. Liabilities were ¥7,865 million, up ¥311 million, and net assets were ¥1,948 million, up ¥352 million.」
The Company recorded net income attributable to owners of the parent of ¥458 million, net assets increased by ¥352 million, and the equity ratio rose to 19.4%. - FY2025-H1MitigatedAnnual report
「At the end of the current interim consolidated fiscal year, total assets were ¥9,462 million, up ¥313 million from the end of the previous consolidated fiscal year. Liabilities were ¥7,335 million, down ¥218 million, and net assets were ¥2,127 million, up ¥531 million.」
The Company recorded interim net income of ¥524 million, while liabilities decreased by ¥218 million and net assets increased by ¥531 million. Financial metrics have continued to improve despite concerns that substantial losses could weaken the financial base. - FY2025-Q1MitigatedAnnual report
「At the end of the first quarter of the current consolidated fiscal year, total assets were ¥9,056 million, down ¥92 million from the end of the previous consolidated fiscal year. Liabilities were ¥7,343 million, down ¥209 million, and net assets were ¥1,712 million, up ¥117 million.」
For the first quarter, the Company recorded ordinary income of ¥175 million and quarterly net income attributable to owners of the parent of ¥154 million. Liabilities decreased by ¥209 million and net assets increased by ¥117 million. Financial metrics have continued to improve despite concerns that substantial losses could weaken the financial base. - FY2024MitigatedAnnual report
「At the end of the current consolidated fiscal year, total assets were ¥9,149 million, down ¥175 million from the end of the previous consolidated fiscal year. Liabilities were ¥7,553 million, down ¥610 million, and net assets were ¥1,595 million, up ¥434 million.」
Regarding the theme of a weakening financial base due to substantial losses, the Company recorded net income attributable to owners of the parent of ¥247 million for the current fiscal year, while liabilities decreased by ¥610 million and net assets increased by ¥434 million. - FY2024-Q3MitigatedAnnual report
「At the end of the third quarter of the current consolidated fiscal year, total assets were ¥9,061 million, down ¥262 million from the end of the previous consolidated fiscal year. Liabilities were ¥7,680 million, down ¥483 million, and net assets were ¥1,381 million, up ¥220 million.」
Amid lingering concerns that losses could weaken the financial base, liabilities decreased by ¥483 million and net assets increased by ¥220 million from the end of the previous fiscal year. - FY2024-Q2MitigatedAnnual report
「At the end of the second quarter of the current consolidated fiscal year, total assets were ¥8,826 million, down ¥497 million from the end of the previous consolidated fiscal year. Liabilities were ¥7,524 million, down ¥639 million, and net assets were ¥1,302 million, up ¥141 million.」
For the six months ended in the second quarter, the Company recorded operating income of ¥116 million, ordinary income of ¥127 million and quarterly net income attributable to owners of the parent of ¥122 million. Liabilities decreased by ¥639 million and net assets increased by ¥141 million. - FY2024-Q1MitigatedAnnual report
「At the end of the first quarter of the current consolidated fiscal year, total assets were ¥9,111 million, down ¥213 million from the end of the previous consolidated fiscal year. Liabilities were ¥7,897 million, down ¥266 million, and net assets were ¥1,213 million, up ¥52 million.」
Liabilities decreased by ¥266 million from the end of the previous fiscal year, while net assets increased by ¥52 million to ¥1,213 million. - FY2023MitigatedAnnual report
「At the end of the current consolidated fiscal year, total assets were ¥9,324 million, down ¥1,418 million from the end of the previous consolidated fiscal year. Liabilities were ¥8,163 million, down ¥1,688 million, and net assets were ¥1,160 million, up ¥269 million.」
Although the net loss continued, liabilities decreased by ¥1,688 million and net assets increased by ¥269 million to ¥1,160 million. - FY2023-Q3MitigatedAnnual report
「At the end of the third quarter of the current consolidated fiscal year, total assets were ¥9,813 million, down ¥930 million from the end of the previous consolidated fiscal year. Liabilities were ¥8,727 million, down ¥1,124 million, and net assets were ¥1,085 million, up ¥194 million.」
Liabilities decreased by ¥1,124 million from the end of the previous consolidated fiscal year, while net assets increased by ¥194 million to ¥1,085 million. - FY2023-Q2MitigatedAnnual report
「At the end of the second quarter of the current consolidated fiscal year, total assets were ¥9,915 million, down ¥828 million from the end of the previous consolidated fiscal year. Liabilities were ¥8,867 million, down ¥984 million, and net assets were ¥1,047 million, up ¥156 million.」
Liabilities decreased by ¥984 million from the end of the previous consolidated fiscal year, while net assets increased by ¥156 million to ¥1,047 million. However, the Company recorded a quarterly net loss attributable to owners of the parent of ¥166 million for the six months ended in the second quarter. - FY2023-Q1MitigatedAnnual report
「At the end of the first quarter of the current consolidated fiscal year, total assets were ¥10,163 million, down ¥580 million from the end of the previous consolidated fiscal year. Liabilities were ¥9,178 million, down ¥673 million, and net assets were ¥984 million, up ¥92 million.」
Liabilities decreased by ¥673 million, while net assets increased by ¥92 million from ¥891 million at the end of the previous fiscal year to ¥984 million. Although the Company shifted from a net loss in the same quarter of the previous year to net income for the quarter, a material event concerning the going-concern assumption remains. - FY2022MitigatedAnnual report
「At the end of the current consolidated fiscal year, total assets were ¥10,743 million, down ¥187 million from the end of the previous consolidated fiscal year. Liabilities were ¥9,852 million, down ¥864 million, and net assets were ¥891 million, up ¥676 million.」
Net assets increased by ¥676 million from the end of the previous fiscal year and liabilities decreased by ¥864 million, due to the issuance of Class B preferred shares and other transactions. However, the Company recorded a net loss of ¥602 million. - FY2022-Q3MitigatedAnnual report
「At the end of the third quarter of the current consolidated fiscal year, total assets were ¥10,809 million, down ¥122 million from the end of the previous consolidated fiscal year. Liabilities were ¥10,374 million, down ¥342 million, and net assets were ¥434 million, up ¥219 million.」
Net assets increased by ¥219 million from the end of the previous consolidated fiscal year to ¥434 million, due to the issuance of Class A preferred shares and other transactions. Liabilities also decreased by ¥342 million, while the operating loss continued. - FY2022-Q2WorsenedAnnual report
「At the end of the second quarter of the current consolidated fiscal year, total assets were ¥10,473 million, down ¥457 million from the end of the previous consolidated fiscal year. Liabilities were ¥10,280 million, down ¥436 million, and net assets were ¥193 million, down ¥21 million.」
Despite the issuance of Class A preferred shares and other transactions, net assets decreased by ¥21 million from the end of the previous consolidated fiscal year to ¥193 million, and the impact on the financial base continues. - FY2022-Q1WorsenedAnnual report
「At the end of the first quarter of the current consolidated fiscal year, total assets were ¥10,542 million, down ¥389 million from the end of the previous consolidated fiscal year. Liabilities were ¥10,381 million, down ¥336 million, and net assets were ¥161 million, down ¥52 million.」
While the Company raised capital through Class A preferred shares and transferred stated capital and other items, net assets decreased by ¥52 million to ¥161 million, and the equity ratio also declined to 0.9%. The significant impact on the financial base continues. - FY2021First statedAnnual report
「The Group's food-service and bridal businesses recorded substantial net losses for the year under review due to the spread of COVID-19, significantly affecting its financial condition. The Group recognizes the urgent need for a capital policy aimed at restoring and strengthening its financial base. It will implement business-structure reforms, including reductions in selling, general and administrative expenses, to achieve an early recovery in performance, as well as operating measures such as reviewing its business formats to respond to changing market conditions.」
The substantial net losses in the food-service and bridal businesses significantly affected the financial condition, and the Company explicitly identified the need for a capital policy aimed at restoring and strengthening its financial base.