Removal of the "Notes on Going Concern" Disclosure
AXEL MARK INC. and its group
The AXEL MARK INC. Group had continued to face circumstances giving rise to substantial doubt about its ability to continue as a going concern, having recorded significant operating losses, ordinary losses, and net losses attributable to owners of the parent. The Company determined that the material uncertainty regarding its cash flow position had been resolved through the funding package.
The Company will steadily strengthen its framework for securing profits and improve its earnings structure, while working to achieve operating profitability at an early stage and establish a stable earnings base.
| Item | Details |
|---|---|
| Event name | Removal of the "Notes on Going Concern" Disclosure |
| Date of occurrence | 14 August 2026 (the date on which the disclosure was removed from these full-year financial results) |
| Subject Entity | AXEL MARK INC. and its group |
| Cause | The AXEL MARK INC. Group had continued to face circumstances giving rise to substantial doubt about its ability to continue as a going concern, having recorded significant operating losses, ordinary losses, and net losses attributable to owners of the parent. The Company determined that the material uncertainty regarding its cash flow position had been resolved through the funding package. |
| Outlook | The Company will steadily strengthen its framework for securing profits and improve its earnings structure, while working to achieve operating profitability at an early stage and establish a stable earnings base. |
Items this document does not state (20)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.The Company secured funding capacity of approximately ¥3.9 billion through a private placement and a commitment-type term loan facility agreement, giving it an outlook for securing the funds necessary to continue its business for at least one year from the day following the completion of payment.