Material doubt about going concern due to three consecutive periods of ordinary losses
First written in FY2016. 3 of 5 entries say "Mitigated", first in FY2017-Q1. Latest entry: FY2018.
The whole theme swung hardest in 2025: 26 of 48 companies on the "Worse" side.
21 other companies' latest entry also says "Dropped".
- FY2018DroppedAnnual report
「As a result of these business activities, operating results for the fiscal year were revenue of ¥1,604,065 thousand, or 93.9% of the previous fiscal year, operating income of ¥68,561 thousand, or 163.6%, ordinary income of ¥67,832 thousand, or 177.8%, and net income of ¥64,367 thousand, or 90.0%.」
The annual securities report for the fiscal year contains no reference to material doubt or uncertainty regarding the going concern assumption associated with 3 consecutive periods of ordinary losses, and reports operating income, ordinary income and net income. - FY2017-Q3MitigatedAnnual report
「The Company returned to profitability for the first time in 4 periods during the cumulative third-quarter period and expects to remain profitable for the full fiscal year. Accordingly, the events or conditions that had raised material doubt about the going concern assumption due to ordinary losses of ¥126,304 thousand in the fiscal year ended March 2014, ¥426,709 thousand in the fiscal year ended March 2015 and ¥67,748 thousand in the fiscal year ended March 2016 are being resolved.」
The Company continues to determine that no material uncertainty relating to the going concern assumption exists, based on its return to profitability for the first time in 4 periods, operating cash flow of ¥246,108 thousand and secured funding. - FY2017-Q2MitigatedAnnual report
「Specifically, the gross margin has improved since the fiscal year ended March 2016, mainly due to growth in the new data licensing business. The Company returned to profitability for the first time in 3 periods during the cumulative second-quarter period and expects to remain profitable for the full fiscal year.」
The Company states that the material doubt arising from 3 consecutive periods of ordinary losses is being resolved. It continues to determine that no material uncertainty exists, having returned to profitability for the first time in 3 periods during the cumulative second-quarter period and recorded operating cash flow of ¥92,886 thousand. - FY2017-Q1MitigatedAnnual report
「The Company has recognized ordinary losses for 3 consecutive periods, amounting to ¥126,304 thousand in the fiscal year ended March 2014, ¥426,709 thousand in the fiscal year ended March 2015 and ¥67,748 thousand in the fiscal year ended March 2016. As a result, events or conditions exist that raise material doubt about the going concern assumption. Based on the foregoing, the Company determined that no material uncertainty relating to the going concern assumption exists and has not included a note regarding the going concern assumption.」
Although the event of 3 consecutive periods of ordinary losses continues, the Company has determined that no material uncertainty exists because of factors including an improved gross margin, the launch of its data services and positive operating cash flow. - FY2016First statedAnnual report
「The Company has recognized ordinary losses for 3 consecutive periods, amounting to ¥126,304 thousand in the fiscal year before the previous fiscal year, ¥426,709 thousand in the previous fiscal year and ¥67,748 thousand in the fiscal year under review. As a result, events or conditions exist that raise material doubt about the going concern assumption.」
The Company reports 3 consecutive periods of ordinary losses and describes this as a material event relating to the going concern assumption.