Material Doubt Regarding the Going-Concern Assumption
First written in FY2023. 6 of 14 entries say "Restated". Latest entry: 2026-10-14.
The whole theme swung hardest in 2025: 26 of 48 companies on the "Worse" side.
21 other companies' latest entry also says "Restated".
- 2026-10-14RestatedEarnings
「当社グループにおいては、月次・四半期ベースでの仕入・売上の平準化に取り組んだものの、当中間連結会計期間末においては依然として営業キャッシュ・フローのマイナスを計上しており、継続企業の前提に重要な疑義を生じさせるような事象または状況が存在しております。」
継続企業の前提に重要な疑義を生じさせる事象・状況が引き続き記載されている。一方、「継続企業の前提に関する重要な不確実性は認められない」とも記載されている。 - FY2027-H1ReframedAnnual report
「Although the Group worked to level out purchasing and sales on a monthly and quarterly basis, it continued to report negative operating cash flow during the current interim consolidated fiscal period, and events or conditions that raise significant doubt about the going-concern assumption exist.」
Although operating income returned to profitability, the primary source of the material events was reclassified from continuing operating losses to negative operating cash flow. The Company has presented financing, business sales and measures to improve its earnings structure, and maintains its determination that no material uncertainty exists. - 2026-07-14RestatedEarnings
「Although the Group worked to level out purchases and sales on a monthly and quarterly basis, it continued to record negative operating cash flow at the end of the first-quarter consolidated accounting period, and events or circumstances that raise significant doubt about the going concern assumption remain present.」
The significant event arising from negative operating cash flow remained present at the end of the first quarter. - FY2026MitigatedAnnual report
「Although the Group reported operating income in the current consolidated fiscal year, events or conditions that raise significant doubt about the going-concern assumption exist because operating cash flow has remained negative since previous fiscal years.」
Operating income returned to profitability, and the primary source of significant doubt changed from continuing operating losses to negative operating cash flow since previous fiscal years. Although the Company expects the issue to be resolved through the leveling of new business projects, the material events themselves continue. - 2026-04-17MitigatedEarnings forecast revisionSuggests it is closing out
「The events or circumstances that raised significant doubt about the going concern assumption have been resolved through the elimination of the covenants resulting from the full repayment of all borrowings from financial institutions, among other factors.」
The significant events arising from continued operating losses and negative operating cash flow were expressly stated to have been resolved. - FY2026-H1WorsenedAnnual report
「As the Group has continued to report operating losses and negative consolidated operating cash flow since previous fiscal years, events or conditions that raise significant doubt about the going-concern assumption exist.」
The material events arising from continuing operating losses and negative operating cash flow continue. The operating loss for the interim period was ¥217 million, and operating cash flow decreased by ¥205 million. - FY2025WorsenedAnnual report
「Because the Group reported an operating loss of ¥282 million in the current consolidated fiscal year, it has continued to report operating losses and negative consolidated operating cash flow, and events or conditions that raise significant doubt about the going-concern assumption exist.」
The material events relating to the going-concern assumption, arising from the ¥282 million operating loss and negative consolidated operating cash flow, continue, and the operating loss increased from the previous fiscal year. - FY2025-H1RestatedAnnual report
「As the Group has continued to report consolidated operating losses since previous fiscal years and has reported negative consolidated operating cash flow, events or conditions that raise significant doubt about the going-concern assumption exist.」
The material events arising from continuing consolidated operating losses and negative consolidated operating cash flow continue to be disclosed. Meanwhile, the Company maintains its determination that no material uncertainty exists, based on business diversification and financing. - FY2025-Q1RestatedAnnual report
「The Group's performance has gradually recovered as a result of profitability improvement measures implemented since previous fiscal years, including the withdrawal from unprofitable stores, improvements in purchasing accuracy and cost reductions. However, because the Group has continued to report consolidated operating losses since previous fiscal years and has reported negative consolidated operating cash flow, events or conditions that raise significant doubt about the going-concern assumption exist.」
Although the Company refers to a gradual recovery resulting from profitability improvement measures, the material events arising from continuing consolidated operating losses and negative consolidated operating cash flow continue. - FY2024RestatedAnnual report
「However, because the Company reported an operating loss of ¥103 million in the current consolidated fiscal year, it has continued to report operating losses and negative consolidated operating cash flow, and events or conditions that raise significant doubt about the going-concern assumption exist.」
Because the Company reported an operating loss and negative consolidated operating cash flow for the full year, the events or conditions raising significant doubt about the going-concern assumption continue. Meanwhile, the Company maintains its determination that no material uncertainty exists, based on factors including financing. - FY2024-Q3RestatedAnnual report
「As the Group has continued to report operating losses through the previous consolidated fiscal year, events or conditions that raise significant doubt about the going-concern assumption exist.」
Events or conditions that raise significant doubt about the going-concern assumption continue to be disclosed. Meanwhile, the Company continues to determine that no material uncertainty exists, based on profitability improvement measures, the reduced impact of COVID-19, the recovery in performance and expected improvements in cash-flow management. - FY2024-Q2MitigatedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, performance recovered and cash-flow management is expected to improve, due to the effects of measures to improve profitability, including the withdrawal from unprofitable stores, improvements in purchasing accuracy and cost reductions implemented since the previous consolidated fiscal year, as well as the reduced impact of COVID-19. Based on the above, the Company determined that no material uncertainty exists regarding the going-concern assumption.」
Although events or conditions that raise significant doubt about the going-concern assumption continue to be disclosed, the Company continues to determine that no material uncertainty exists, as improvements in performance and cash-flow management are expected from profitability improvement measures and the reduced impact of the infectious disease. - FY2024-Q1MitigatedAnnual report
「During the cumulative first quarter of the current consolidated fiscal year, performance recovered and cash-flow management is expected to improve, due to the effects of measures to improve profitability, including the withdrawal from unprofitable stores, improvements in purchasing accuracy and cost reductions implemented since the previous consolidated fiscal year, as well as the reduced impact of COVID-19. Based on the above, the Company determined that no material uncertainty exists regarding the going-concern assumption.」
Although the material events relating to the going-concern assumption continue to be disclosed, the Company states that no material uncertainty exists, based on expected improvements in performance and cash-flow management resulting from profitability improvement measures and the reduced impact of COVID-19. - FY2023First statedAnnual report
「As of the balance-sheet date for the current consolidated fiscal year, the Group has events or conditions that raise significant doubt about its ability to continue as a going concern, as it has continued to report operating losses.」
Events or conditions that raise significant doubt about the going-concern assumption were disclosed independently for the first time due to continuing operating losses. However, based on expected improvements in profitability and cash-flow management, the Company determined that no material uncertainty exists.