Response to Events and Circumstances Raising Significant Doubt About the Going-Concern Assumption
First written in FY2022-Q1. 4 of 4 entries say "Mitigated", first in FY2022-Q1. Latest entry: FY2022.
The whole theme swung hardest in 2020: 30 of 70 companies on the "Worse" side.
38 other companies' latest entry also says "Mitigated".
- FY2022MitigatedAnnual report
「Due to the impact of the spread of COVID-19 and other factors, events or conditions that could raise substantial doubt about the going-concern assumption existed at the end of the previous consolidated fiscal year. However, because we had taken the following measures by the end of the first-quarter consolidated cumulative period, we determined that such events or conditions continued not to exist from the end of the first-quarter consolidated accounting period through the end of the current consolidated fiscal year.」
The company has maintained its determination that the substantial doubt about the going-concern assumption that existed at the end of the previous fiscal year no longer existed at the end of the current fiscal year after measures including fixed-cost reductions, closures, applications for subsidies and cooperation payments, and fundraising. - FY2022-Q3MitigatedAnnual report
「Due to the impact of the spread of COVID-19 and other factors, events or conditions that could raise substantial doubt about the going-concern assumption existed at the end of the previous consolidated fiscal year. However, because we had taken the following measures by the end of the first-quarter consolidated cumulative period, we determined that such events or conditions continued not to exist from the end of the first-quarter consolidated accounting period through the end of the third-quarter consolidated accounting period.」
The company has maintained its determination that the events and conditions that existed at the end of the previous fiscal year and raised substantial doubt about the going-concern assumption did not exist at the end of the third quarter. - FY2022-Q2MitigatedAnnual report
「However, because we had taken the following measures by the end of the first-quarter consolidated cumulative period, we determined that such events or conditions continued not to exist from the end of the first-quarter consolidated accounting period through the end of the second-quarter consolidated accounting period.」
The company has maintained its determination that the events and conditions that raised substantial doubt about the going-concern assumption at the end of the previous fiscal year did not exist at the end of the second quarter. - FY2022-Q1MitigatedAnnual report
「Due to the impact of the spread of COVID-19 and other factors, events or conditions that could raise substantial doubt about the going-concern assumption existed at the end of the previous consolidated fiscal year. However, because we had taken the following measures by the end of the first-quarter consolidated cumulative period, we determined that such events or conditions no longer existed at the end of the first-quarter consolidated accounting period.」
Events and conditions raising substantial doubt about the going-concern assumption existed at the end of the previous consolidated fiscal year, but after measures including fixed-cost reductions, closures of unprofitable locations, applications for subsidies and cooperation payments, and fundraising, the company determined that they no longer existed at the end of the first quarter.