Material Uncertainty Regarding Going Concern
First written in FY2016. 19 of 29 entries say "Worsened", first in FY2017-Q1. Latest entry: 2026-08-14.
Kitabo moved to the "Worse" side of this theme in 2017, 3 years before the typical company in this theme (2020).
The whole theme swung hardest in 2020: 31 of 74 companies on the "Worse" side.
40 other companies' latest entry also says "Restated".
- 2026-08-14RestatedResults
「当社グループは、第96期から連続して営業損失を計上しており、当第１四半期累計期間においても3,705千円の営業損失を計上したことから、継続企業の前提に重要な疑義を生じさせるような事象又は状況が存在しております。」
営業損失の連続計上と重要な疑義を生じさせる事象・状況の存在が再確認された。ただし、対応策により重要な不確実性は認められないとの判断も維持されている。 - FY2026WorsenedAnnual report
「The Group has recorded operating losses continuously since the 96th fiscal period. In the current consolidated fiscal year, it recorded an operating loss of ¥137.437 million, and operating cash flow was negative ¥294.524 million. Accordingly, events or circumstances exist that raise substantial doubt about the going concern assumption.」
Consecutive operating losses continued, with an operating loss of ¥137.437 million and negative operating cash flow of ¥294.524 million. The circumstances raising substantial doubt continue, but the Company believes that no material uncertainty exists as a result of remedial measures. - 2026-05-14WorsenedRevision to earnings forecast
「The Group has recorded operating losses continuously since the 96th fiscal period. In the current consolidated fiscal year, it recorded an operating loss of ¥137.437 million, and operating cash flow was negative ¥294.524 million. Accordingly, events or circumstances exist that raise substantial doubt about the going concern assumption.」
営業損失と営業キャッシュ・フローのマイナスが拡大し、継続企業の前提に重要な疑義を生じさせる状況の記載が続いている。一方、対応策により重要な不確実性は認められないとの判断も記載している。 - FY2026-H1WorsenedAnnual report
「As the Company recorded operating losses for 7 consecutive fiscal years through the previous consolidated fiscal year, circumstances exist that raise substantial doubt about the going concern assumption. However, as described in “2. Analysis of Financial Position, Operating Results and Cash Flows by Management (6) Measures to Resolve Material Events, etc. Related to the Going Concern Assumption,” the Company has implemented various measures and therefore believes that no material uncertainty exists regarding the going concern assumption.」
Consecutive operating losses increased from 6 fiscal years through the previous fiscal year to 7 consecutive fiscal years. The circumstances raising substantial doubt continue, but the assessment that no material uncertainty exists due to various measures is being maintained. - FY2025WorsenedAnnual report
「The Group has recorded operating losses continuously since the 96th fiscal period. In the current consolidated fiscal year, it recorded an operating loss of ¥49.121 million, and operating cash flow was negative ¥7.681 million. Accordingly, events or circumstances exist that raise substantial doubt about the going concern assumption.」
Consecutive operating losses and negative operating cash flow continued, and recognition of material events related to the going concern assumption continued. Meanwhile, the assessment that no material uncertainty exists as a result of pursuing remedial measures is being maintained. - FY2025-H1WorsenedAnnual report
「As the Company recorded operating losses for 6 consecutive fiscal years through the previous consolidated fiscal year, circumstances exist that raise substantial doubt about the going concern assumption. However, as described in “2. Analysis of Financial Position, Operating Results and Cash Flows by Management (6) Measures to Resolve Material Events, etc. Related to the Going Concern Assumption,” the Company has implemented various measures and therefore believes that no material uncertainty exists regarding the going concern assumption.」
Operating losses recorded consecutively increased from 5 fiscal years through the previous consolidated fiscal year to 6 consecutive fiscal years, and recognition of circumstances that raise substantial doubt continues. Meanwhile, the assessment that no material uncertainty exists due to various measures is being maintained. - FY2024Operating loss narrowed, but the material event continuesAnnual report
「The Group has recorded operating losses continuously since the 96th fiscal period. In the current consolidated fiscal year, it recorded an operating loss of ¥61.370 million, and operating cash flow was negative ¥97.020 million. Accordingly, events or circumstances exist that raise substantial doubt about the going concern assumption.」
The operating loss narrowed from ¥154.702 million in the previous fiscal year, but recognition of the material event continues due to consecutive operating losses and negative operating cash flow. The assessment that no material uncertainty exists as a result of implementing remedial measures also continues. - FY2024-Q3RestatedAnnual report
「As the Company recorded operating losses for 5 consecutive fiscal years through the previous consolidated fiscal year, circumstances exist that raise substantial doubt about the going concern assumption. However, as described in “2. Analysis of Financial Position, Operating Results and Cash Flows by Management (5) Measures to Resolve Material Events, etc. Related to the Going Concern Assumption,” the Company has implemented various measures and therefore believes that no material uncertainty exists regarding the going concern assumption.」
Recognition of the material event arising from operating losses for 5 consecutive fiscal years continues. Meanwhile, the assessment that no material uncertainty exists because various measures are being implemented is also being maintained. - FY2024-Q2RestatedAnnual report
「As the Company recorded operating losses for 5 consecutive fiscal years through the previous consolidated fiscal year, circumstances exist that raise substantial doubt about the going concern assumption. However, as described in “2. Analysis of Financial Position, Operating Results and Cash Flows by Management (6) Measures to Resolve Material Events, etc. Related to the Going Concern Assumption,” the Company has implemented various measures and therefore believes that no material uncertainty exists regarding the going concern assumption.」
Recognition of the material event arising from operating losses for 5 consecutive fiscal years continues. Meanwhile, the assessment that no material uncertainty exists due to the implementation of various measures is also being maintained. - FY2024-Q1WorsenedAnnual report
「As the Company recorded operating losses for 5 consecutive fiscal years through the previous consolidated fiscal year, circumstances exist that raise substantial doubt about the going concern assumption. However, as described in “2. Analysis of Financial Position, Operating Results and Cash Flows by Management (5) Measures to Resolve Material Events, etc. Related to the Going Concern Assumption,” the Company has implemented various measures and therefore believes that no material uncertainty exists regarding the going concern assumption.」
Regarding circumstances that raise substantial doubt about the going concern assumption, operating losses recorded consecutively through the previous consolidated fiscal year were specified as 5 consecutive fiscal years. Meanwhile, the assessment that no material uncertainty exists as a result of implementing various measures is being maintained. - FY2023WorsenedAnnual report
「The Group has recorded operating losses continuously since the 96th fiscal period. In the current consolidated fiscal year, it recorded an operating loss of ¥154.702 million, and operating cash flow was negative ¥91.570 million. Accordingly, events or circumstances exist that raise substantial doubt about the going concern assumption.」
The Group continued to record operating losses from the 96th fiscal period, with an operating loss of ¥154.702 million and negative operating cash flow of ¥91.570 million reported for the current fiscal year. The assessment that no material uncertainty exists as a result of pursuing remedial measures is being maintained. - FY2023-Q3WorsenedAnnual report
「As the Company recorded operating losses for 4 consecutive fiscal years through the previous consolidated fiscal year, circumstances exist that raise substantial doubt about the going concern assumption. However, as described in “2. Analysis of Financial Position, Operating Results and Cash Flows by Management (5) Measures to Improve Material Events, etc. Related to the Going Concern Assumption,” the Company has implemented various measures and therefore believes that no material uncertainty exists regarding the going concern assumption.」
The situation of operating losses recorded for 4 consecutive fiscal years through the previous consolidated fiscal year continued, and the operating loss for the cumulative third quarter was ¥105.924 million. Meanwhile, the assessment that no material uncertainty exists due to the implementation of various measures is being maintained. - FY2023-Q2WorsenedAnnual report
「As the Company recorded operating losses for 4 consecutive fiscal years through the previous consolidated fiscal year, circumstances exist that raise substantial doubt about the going concern assumption. However, as described in “2. Analysis of Financial Position, Operating Results and Cash Flows by Management (6) Measures to Improve Material Events, etc. Related to the Going Concern Assumption,” the Company has implemented various measures and therefore believes that no material uncertainty exists regarding the going concern assumption.」
The material event of operating losses recorded for 4 consecutive fiscal years through the previous consolidated fiscal year continues to be recognized, and the operating loss for the cumulative second quarter was also ¥81.241 million. Meanwhile, the assessment that no material uncertainty exists due to the implementation of various measures is being maintained. - FY2023-Q1WorsenedAnnual report
「As the Company recorded operating losses for 4 consecutive fiscal years through the previous consolidated fiscal year, circumstances exist that raise substantial doubt about the going concern assumption. However, as described in “2. Analysis of Financial Position, Operating Results and Cash Flows by Management (5) Measures to Resolve Material Events, etc. Related to the Going Concern Assumption,” the Company has implemented various measures and therefore believes that no material uncertainty exists regarding the going concern assumption.」
The circumstances raising substantial doubt about the going concern assumption were specified as operating losses recorded for 4 consecutive fiscal years through the previous consolidated fiscal year. Meanwhile, the assessment that no material uncertainty exists due to the implementation of various measures is being maintained. - FY2022WorsenedAnnual report
「The Group has recorded operating losses continuously since the 96th fiscal period. In the current consolidated fiscal year, it recorded an operating loss of ¥140.408 million, and operating cash flow was negative ¥160.982 million. Accordingly, events or circumstances exist that raise substantial doubt about the going concern assumption.」
Operating losses continued to be recorded consecutively, with an operating loss of ¥140.408 million and negative operating cash flow of ¥160.982 million. The recognition of events or circumstances that raise substantial doubt continues. - FY2022-Q3WorsenedAnnual report
「As the Company recorded operating losses for 2 consecutive fiscal years through the previous fiscal year, circumstances exist that raise substantial doubt about the going concern assumption. However, as described in “2. Analysis of Financial Position, Operating Results and Cash Flows by Management (5) Measures to Improve Material Events, etc. Related to the Going Concern Assumption,” the Company has implemented various measures and therefore believes that no material uncertainty exists regarding the going concern assumption. / For the cumulative third quarter of the fiscal year, the Group reported net sales of ¥570.830 million, an operating loss of ¥85.395 million, an ordinary loss of ¥80.458 million and a quarterly net loss attributable to owners of the parent of ¥84.336 million.」
While the assessment that no material uncertainty exists is being maintained despite circumstances that could raise substantial doubt, the operating loss for the cumulative third quarter was ¥85.395 million and the ordinary loss was ¥80.458 million. - FY2022-Q2RestatedAnnual report
「As the Company recorded operating losses for 2 consecutive fiscal years through the previous fiscal year, circumstances exist that raise substantial doubt about the going concern assumption. However, as described in “2. Analysis of Financial Position, Operating Results and Cash Flows by Management (6) Measures to Improve Material Events, etc. Related to the Going Concern Assumption,” the Company has implemented various measures and therefore believes that no material uncertainty exists regarding the going concern assumption.」
The recognition of a material event arising from operating losses for 2 consecutive fiscal periods continues, while the assessment that no material uncertainty exists as a result of implementing various measures also remains unchanged. - FY2022-Q1RestatedAnnual report
「Because the company recorded operating losses for 2 consecutive fiscal years through the previous fiscal year, circumstances exist that could raise material doubt regarding the going concern assumption. However, as described in “2. Analysis of Financial Condition, Operating Results and Cash Flows by Management, (5) Measures to Improve Material Events Regarding the Going Concern Assumption,” the company determined that no material uncertainty regarding the going concern assumption exists because it is implementing various measures.」
The recognition of a material event arising from operating losses for 2 consecutive fiscal periods continues, while the assessment that no material uncertainty exists as a result of implementing various measures also remains unchanged. - FY2021WorsenedAnnual report
「The group has recorded operating losses continuously since the 96th fiscal year, including an operating loss of ¥114,830 thousand in the current consolidated fiscal year, while operating cash flow was negative ¥101,688 thousand. Accordingly, events or circumstances exist that could raise material doubt regarding the going concern assumption.」
The group continued to record operating losses, with an operating loss of ¥114,830 thousand and negative operating cash flow of ¥101,688 thousand reported for the current fiscal year. The determination that no material uncertainty exists has been maintained on the premise that countermeasures will be implemented. - FY2021-Q3WorsenedAnnual report
「Because the company recorded operating losses for 2 consecutive fiscal years through the previous fiscal year, circumstances exist that could raise material doubt regarding the going concern assumption. However, as described in “2. Analysis of Financial Condition, Operating Results and Cash Flows by Management, (5) Measures to Improve Material Events Regarding the Going Concern Assumption,” the company determined that no material uncertainty regarding the going concern assumption exists because it is implementing various measures.」
The company maintained its recognition of material events and its determination that no material uncertainty exists, but the operating loss for the cumulative third quarter expanded to ¥77,499 thousand. - FY2021-Q2WorsenedAnnual report
「Material events arising from operating losses for 2 consecutive fiscal years continued, and the operating loss for the first half was ¥46,432 thousand while ordinary loss was ¥38,039 thousand. Meanwhile, the company maintained its determination that no material uncertainty exists because it is implementing various measures. / The company’s results for the cumulative second quarter were net sales of ¥317,918 thousand, up 14.5% year on year, an operating loss of ¥46,432 thousand and an ordinary loss of ¥38,039 thousand.」
Material events arising from operating losses for 2 consecutive fiscal years continued, with an operating loss of ¥46,432 thousand and an ordinary loss of ¥38,039 thousand for the first half. Meanwhile, the company maintained its determination that no material uncertainty exists because it is implementing various measures. - FY2021-Q1WorsenedAnnual report
「Because the company recorded operating losses for 2 consecutive fiscal years through the previous fiscal year, circumstances exist that could raise material doubt regarding the going concern assumption. However, as described in “2. Analysis of Financial Condition, Operating Results and Cash Flows by Management, (5) Measures to Improve Material Events Regarding the Going Concern Assumption,” the company determined that no material uncertainty regarding the going concern assumption exists because it is implementing various measures.」
Material events arising from operating losses for 2 consecutive fiscal years continued, and the company recorded an operating loss of ¥9,913 thousand in the first quarter. Meanwhile, it maintained its determination that no material uncertainty exists because it is implementing various measures. - FY2020WorsenedAnnual report
「The company has recorded operating losses for 2 consecutive fiscal years since the previous fiscal year, including an operating loss of ¥59,784 thousand in the current fiscal year, while operating cash flow was negative ¥62,345 thousand. Accordingly, events or circumstances exist that could raise material doubt regarding the going concern assumption.」
Operating losses continued for a second consecutive fiscal year, with an operating loss of ¥59,784 thousand and negative operating cash flow of ¥62,345 thousand reported for the current fiscal year. Meanwhile, the company determined that no material uncertainty exists because it is implementing countermeasures. - FY2020-Q3Material events regarding the going concern assumption resumed (no note provided)Annual report
「The company recorded operating losses in the previous fiscal year and the cumulative third quarter, and is also expected to record an operating loss in the fiscal year ending March 2020. Accordingly, it recognizes that events or circumstances currently exist that could raise material doubt regarding the going concern assumption. In terms of funding, the company is working to secure the funds necessary for business activities on a stable basis, including through the sale of assets held, and has secured sufficient funds to meet anticipated demand based on its funding plan. The funding plan has generally been understood by its financial institutions, and support is expected to continue. Accordingly, the company determined that no material uncertainty regarding the going concern assumption exists and did not include a note in the quarterly financial statements.」
In light of operating losses in the previous fiscal year and the cumulative third quarter, as well as the outlook for an operating loss for the full fiscal year, the company again recognized material events regarding the going concern assumption. However, it did not provide a material-uncertainty note because it had secured funding and expected support from its financial institutions. - FY2017DroppedAnnual report
「Cash provided by operating activities increased by ¥8,533 thousand during the current fiscal year.」
The material-doubt disclosure regarding the going concern assumption, which had been stated through the previous quarter, cannot be found in this filing; for the full fiscal year, the company recorded operating income of ¥2,648 thousand and cash flow from operating activities of ¥8,533 thousand. - FY2017-Q3WorsenedAnnual report
「The company recorded negative operating cash flow in the previous consolidated fiscal year and an operating loss of ¥5,896 thousand for the cumulative third quarter. As a result, the establishment of an earnings base capable of generating operating income consistently remains in progress, and circumstances exist that could raise material doubt regarding the going concern assumption.」
Material doubt regarding the going concern assumption continued, and the operating loss for the cumulative third quarter was ¥5,896 thousand. - FY2017-Q2RestatedAnnual report
「The company recorded negative operating cash flow in the previous consolidated fiscal year and an operating loss of ¥2,235 thousand for the cumulative second quarter. As a result, the establishment of an earnings base capable of generating operating income consistently remains in progress, and circumstances exist that could raise material doubt regarding the going concern assumption.」
The company has continued to explain that, against a backdrop of negative operating cash flow and operating losses, the establishment of a stable earnings base remains in progress. - FY2017-Q1WorsenedAnnual report
「The company recorded negative operating cash flow in the previous consolidated fiscal year and an operating loss for the cumulative first quarter. As a result, the establishment of an earnings base capable of generating operating income consistently remains in progress, and material doubt exists regarding the going concern assumption.」
In addition to negative operating cash flow in the previous fiscal year, the company recorded an operating loss for the quarter, and the establishment of a stable earnings base was still described as being in progress. - FY2016First statedAnnual report
「The group had continuously recorded operating losses through the previous consolidated fiscal year. Although it recorded operating income of ¥6 million in the current consolidated fiscal year, operating income before amortization declined from the previous consolidated fiscal year and operating cash flow was also negative. Accordingly, material doubt exists regarding the going concern assumption.」
Although operating income of ¥6 million was recorded, operating cash flow decreased by ¥19,153 thousand, and a material uncertainty was disclosed.