Material uncertainty over going concern due to COVID-19
First written in FY2021-Q1. 3 of 6 entries say "Materialised", first in FY2021-Q1. Latest entry: FY2023-Q2.
Chikaranomoto Holdings moved to the "Worse" side of this theme in 2020, 1 year before the typical company in this theme (2021).
The whole theme swung hardest in 2025: 2 of 10 companies on the "Worse" side.
5 other companies' latest entry also says "Dropped".
- FY2023-Q2DroppedAnnual report
「During the nine-month period ended the second quarter, there were no new business or other risks, nor any material changes in the business and other risks described in the securities report for the previous fiscal year.」
This filing contains no identifiable disclosure regarding substantial doubt or material uncertainty about the going-concern assumption. - FY2022-Q3RestatedAnnual report
「As of the end of December 2021, we have determined that no material uncertainty exists regarding the going-concern assumption.」
Although circumstances exist that raise substantial doubt about the going-concern assumption, we continue to determine, taking the response measures into account, that no material uncertainty exists. - FY2022-Q1RestatedAnnual report
「As of the end of June 2021, circumstances giving rise to significant doubt about the going-concern assumption existed.」
Although the quarterly net loss narrowed from the same period of the previous year, circumstances giving rise to significant doubt about the going-concern assumption continued. - FY2021-Q3MaterialisedAnnual report
「As a result, the substantial decline in revenue during the nine-month period of the current fiscal year led to an operating loss of ¥931 million and a net loss attributable to owners of the parent of ¥2,025 million. As of the end of December 2020, circumstances giving rise to significant doubt about the going-concern assumption existed.」
As of the end of December 2020, circumstances giving rise to significant doubt about the going-concern assumption continued because the infectious disease had caused a substantial decline in revenue and operating and quarterly net losses had been recorded. However, it judged that no material uncertainty existed. - FY2021-Q2MaterialisedAnnual report
「As a result, the substantial decline in revenue during the six-month period of the current fiscal year led to an operating loss of ¥910 million and a net loss attributable to owners of the parent of ¥1,922 million. As of the end of September 2020, circumstances giving rise to significant doubt about the going-concern assumption existed.」
As of the end of September 2020, circumstances giving rise to significant doubt about the going-concern assumption continued because the infectious disease had caused a substantial decline in revenue and operating and quarterly net losses had been recorded. However, it judged that no material uncertainty existed. - FY2021-Q1MaterialisedAnnual report
「As a result, the substantial decline in revenue during the three-month period of the current fiscal year led to an operating loss of ¥403 million and a net loss attributable to owners of the parent of ¥913 million. As of the end of June 2020, circumstances giving rise to significant doubt about the going-concern assumption existed.」
It states that, as of the end of June 2020, the substantial decline in revenue caused by infectious disease and the recording of operating and quarterly net losses had created circumstances giving rise to significant doubt about the going-concern assumption. However, based on cash, overdraft facilities and planned additional financing, it judged that no material uncertainty existed.