Strengthening the business and financial foundations to eliminate material events raising substantial doubt about going concern
First written in FY2016-Q3. 21 of 38 entries say "Advanced", first in FY2018. Latest entry: 2026-10-14.
4 other companies' latest entry also says "Advanced".
- FY2026-H1AdvancedAnnual report
「The Group is working to resolve and improve this situation by implementing the measures described in “4. Accounting Information 1. Interim Consolidated Financial Statements Notes (Matters Related to the Going-Concern Assumption)” to improve its revenue structure and stabilize its financial foundation.」
The Group continues to address the going-concern assumption by improving its revenue structure and stabilizing its financial foundation, while advancing specific measures including a plan to develop and operate 4 domestic IP titles and 6 overseas-localized titles over 3 years, multiple title releases, contract development and personnel support, expense reductions, and financing through stock acquisition rights. - FY2025AdvancedAnnual report
「With part of the ninth series and all of the tenth series of stock acquisition rights issued through a private placement exercised during the current consolidated fiscal year, the Company raised an additional ¥671.882 million, including the issue price of the stock acquisition rights. As described in “5. Accounting Information 1. Consolidated Financial Statements, etc. (1) Notes to Consolidated Financial Statements (Significant Subsequent Events),” the issuance of the eleventh and twelfth series of stock acquisition rights through a private placement was submitted to the 16th Annual General Meeting of Shareholders and approved. If the eleventh and twelfth series are exercised, the Company will be able to raise ¥11,100.799 million.」
As a response to the going-concern assumption, the Company raised ¥671.882 million through the ninth and tenth series of stock acquisition rights and progressed to the stage of securing potential financing of ¥11,100.799 million through the eleventh and twelfth series. - FY2025-H1AdvancedAnnual report
「Over the 3-year period from the fiscal year ending September 2025 through the end of the fiscal year ending September 2027, the Company aims to recover and expand revenue and earnings by developing and operating 4 large and medium-sized domestic IP titles and 6 overseas-localized titles through self-publishing.」
As a response to the going-concern assumption, the Company presented a specific 3-year plan to develop and operate a total of 10 domestic IP and overseas-localized titles. - FY2024AdvancedAnnual report
「During the current consolidated fiscal year, the Company raised ¥276.728 million through partial exercises of the seventh and eighth series of stock acquisition rights and the issuance of new shares through a private placement conducted on 26 September 2024. If the ninth and tenth series of stock acquisition rights are exercised, the Company will be able to raise ¥1,020.182 million.」
As a response to the going-concern assumption, the Company raised ¥276.728 million during the year and disclosed potential additional financing of ¥1,020.182 million through the ninth and tenth series of stock acquisition rights. - FY2024-Q1AdvancedAnnual report
「The Group is working to resolve and improve this situation by implementing the measures described in “4. Accounting Information 1. Quarterly Consolidated Financial Statements Notes (Matters Related to the Going-Concern Assumption)” to improve its business structure and secure business funds. During the cumulative first quarter, the Group raised ¥159.073 million through partial exercises of the seventh and eighth series of stock acquisition rights with an exercise-price adjustment clause.」
The Group continues to improve its business structure and secure business funds, with concrete progress during the quarter including the accumulation of contract development projects, the transition to contract operations and ¥159.073 million raised through partial exercises of stock acquisition rights. - FY2023AdvancedAnnual report
「The Group is implementing the measures described in “2. [Business Situation] 3. [Business Risks] (6) Material Events, etc. Related to the Going-Concern Assumption” to expand revenue and secure earnings, thereby stabilizing its business and financial foundations and working to resolve and improve this situation.」
The response to the going-concern assumption has been organized around specific measures including contract development, personnel matching, title restructuring, expense reductions, business consolidation and securing funds, all of which continue during the current consolidated fiscal year. - FY2023-Q3AdvancedAnnual report
「During the cumulative first quarter, the Company resolved to issue the second series of unsecured convertible bonds with stock acquisition rights, the seventh series of stock acquisition rights and the eighth series of stock acquisition rights with an exercise-price adjustment clause, and raised ¥403.870 million in near-term business funds. It expects to raise ¥733.096 million through future exercises of the seventh and eighth series of stock acquisition rights with an exercise-price adjustment clause, assuming exercise at the most recent exercise price of ¥195.9.」
As a response to the going-concern assumption, the Company raised ¥403.870 million in near-term business funds and updated the expected additional financing to ¥733.096 million. - FY2023-Q2AdvancedAnnual report
「The Group is working to resolve and improve this situation by implementing the measures described in “4. Accounting Information 1. Quarterly Consolidated Financial Statements Notes (Matters Related to the Going-Concern Assumption)” to improve its business structure and secure business funds.」
As part of its business-structure improvements, the Group discontinued a cumulative total of 8 titles, completed development of a blockchain game and began contract operations, and launched 2 new development projects. It also raised ¥403.870 million in near-term business funds and indicated an expected ¥946.402 million from the seventh and eighth series of stock acquisition rights. - FY2023-Q1AdvancedAnnual report
「The Group is working to resolve and improve this situation by implementing the measures described in “4. Accounting Information 1. Quarterly Consolidated Financial Statements Notes (Matters Related to the Going-Concern Assumption)” to improve its business structure and secure business funds.」
The response to the going-concern assumption has been reframed from strengthening the business and financial foundations to improving the business structure and securing business funds. Specific measures included reorganizing titles and raising ¥403.870 million. - FY2022RestatedAnnual report
「The Group is implementing the measures below to resolve this event or situation.」
Following losses for 9 consecutive periods, the Group has organized its measures addressing the going-concern assumption as continued portfolio concentration, strengthened contract development and contract operations, expense reductions, business consolidation, and securing and maintaining business funds. - FY2022-Q3RestatedAnnual report
「The Company is implementing the measures below to resolve this business or situation.」
The Company continues measures addressing material events related to the going-concern assumption, including focusing its operating-title portfolio, strengthening contract development and contract operations, reducing expenses, consolidating its businesses, and securing and maintaining business funds. - FY2022-Q2RestatedAnnual report
「The Group is working to resolve and improve this situation by implementing the measures described in “4. Accounting Information 1. Quarterly Consolidated Financial Statements Notes (Matters Related to the Going-Concern Assumption)” to stabilize its business and financial foundations.」
The Group continues measures addressing the going-concern assumption, including improving its revenue structure, reducing expenses, developing new technologies and services, securing and training personnel, and securing and maintaining business funds. - FY2021RestatedAnnual report
「To resolve this situation by improving current performance, the Group will implement the measures below to secure revenue and reduce expenses on the business side, while working to further stabilize its financial foundation.」
Following losses for 7 consecutive periods, the Group continues its existing policy of seeking to resolve the situation related to the going-concern assumption by securing revenue, reducing expenses and further stabilizing its financial foundation. - FY2021-Q3RestatedAnnual report
「The Group is working to resolve and improve this situation by implementing the measures described in “4. Accounting Information 1. Quarterly Consolidated Financial Statements Notes (Matters Related to the Going-Concern Assumption)” to stabilize its business and financial foundations.」
The Group continues its existing measures to stabilize its business and financial foundations in response to material events related to the going-concern assumption. - FY2021-Q2AdvancedAnnual report
「As a result, revenue was ¥3,909.213 million for the cumulative second quarter, up 90.9% year on year, operating loss was ¥149.711 million, compared with an operating loss of ¥309.447 million in the same period of the previous year, ordinary loss was ¥42.427 million, compared with an ordinary loss of ¥310.606 million, and net loss attributable to owners of the parent was ¥47.908 million, compared with a net loss attributable to owners of the parent of ¥305.696 million in the same period of the previous year.」
Although material events related to the going-concern assumption continued, revenue increased 90.9% year on year and operating loss, ordinary loss and net loss attributable to owners of the parent all narrowed from the same period of the previous year. - FY2021-Q1AdvancedAnnual report
「As a result, revenue was ¥1,797.041 million for the cumulative first quarter, up 109.9% year on year, operating loss was ¥110.364 million, compared with an operating loss of ¥165.812 million in the same quarter of the previous year, ordinary loss was ¥64.104 million, compared with an ordinary loss of ¥173.492 million, and net loss attributable to owners of the parent was ¥65.932 million, compared with a net loss attributable to owners of the parent of ¥172.102 million in the same quarter of the previous year.」
Revenue increased 109.9% year on year, while operating loss, ordinary loss and net loss attributable to owners of the parent all narrowed from the same period of the previous year. Although material events related to the going-concern assumption remained, the figures indicated an improvement in the business foundation. - FY2020AdvancedAnnual report
「These measures have led to a recovery in performance, including consolidated ordinary profits in the third and fourth quarters.」
The filing cites concrete improvement in the form of consolidated ordinary profits in the third and fourth quarters, following portfolio concentration in the game business, acquisition of a sports game title, the winding down of the offshore development business and financing through the fifth series of stock acquisition rights. However, the full year still recorded an operating loss and other losses, and the material events continued. - FY2020-Q2AdvancedAnnual report
「On the financial side, the Company has resumed raising funds through long-term borrowings from its relationship financial institutions. It will continue discussions to secure their ongoing support. The Company is also continuing discussions with Macquarie Bank Limited, the subscriber of the sixth series of stock acquisition rights, regarding their exercise, while continuing to consider the possibility of capital and business alliances with potential partners and working to further stabilize its financial foundation.」
The Company resumed raising funds through long-term borrowings from its relationship financial institutions and continues discussions regarding the sixth series of stock acquisition rights and funding through capital and business alliances. - FY2020-Q1AdvancedAnnual report
「During the cumulative first quarter, the exercise of the fifth series of stock acquisition rights raised an additional ¥816.037 million, significantly improving the Group’s cash position.」
The filing reports concrete progress in addressing material events related to the going-concern assumption: ¥816.037 million was raised through exercise of the fifth series of stock acquisition rights, improving cash on hand. - FY2019-Q3RestatedAnnual report
「The Group is working to generate revenue and reduce expenses on the business side, while stabilizing its financial foundation on the financial side, in order to resolve this situation.」
The company continues to cite revenue generation, expense reductions and financial stabilization as measures addressing material events related to the going-concern assumption. - FY2019-Q2RestatedAnnual report
「To resolve this situation, the Group has taken the measures described in “2. Analysis of Financial Position, Operating Results and Cash Flows by Management 2. Analysis and Review of Material Events, etc. Described in Business Risks and Measures to Resolve or Improve Such Material Events, etc.” On the business side, it is working to generate revenue and reduce expenses, while on the financial side it is working to stabilize its financial foundation.」
The Group continues to pursue revenue generation, expense reduction and financial foundation stabilization in response to material events raising substantial doubt about going concern. - FY2019-Q1RestatedAnnual report
「To resolve this situation, the Group is working to generate revenue and reduce expenses on the business side, while stabilizing its financial foundation.」
The company continues to cite revenue generation, expense reductions and financial stabilization as measures addressing material events related to the going-concern assumption. - FY2018AdvancedAnnual report
「In addition, on 30 August 2018, the Company issued stock acquisition rights allocated to Macquarie Bank Limited and SBI SECURITIES CO., LTD. As a result of partial exercises by the end of September 2018, the Company raised ¥218.468 million, including consideration for the stock acquisition rights, and will continue to raise funds to strengthen its financial foundation and expand its business.」
As a response to material events related to the going-concern assumption, the Company raised ¥218.468 million through the issuance and partial exercise of the fifth and sixth series of stock acquisition rights, establishing a specific measure to strengthen its financial foundation. - FY2018-Q3RestatedAnnual report
「To resolve this situation, the Group has implemented the measures described in “3. Analysis of Financial Position, Operating Results and Cash Flows (5) Analysis and Review of Material Events, etc. Described in Business Risks and Measures to Resolve or Improve Such Material Events, etc.” As a result, the Group determined that no material uncertainty related to the going-concern assumption existed and therefore did not include a note to that effect in the quarterly consolidated financial statements.」
Despite a significant increase in operating losses and other losses, the Group continues to determine that no material uncertainty related to the going-concern assumption exists after implementing its existing measures. - FY2018-Q2RestatedAnnual report
「To resolve this situation, the Group will reduce costs and increase revenue through the measures below, thereby strengthening its business and financial foundations, and will work to resolve and improve this situation.」
While reporting losses for 4 consecutive periods and a loss for the cumulative second quarter, the Group continues its existing measures, including focusing its portfolio of operating titles, acquiring operating-transfer projects, developing new titles, reducing costs and improving the profitability of its overseas subsidiaries. - FY2018-Q1RestatedAnnual report
「To resolve this situation, we have implemented the measures described in “3. Analysis of Financial Position, Operating Results and Cash Flows (5) Measures to Improve Material Events and Other Matters Related to Going Concern.” As a result, we determined that no material uncertainty related to going concern existed and have not included a note in the quarterly consolidated financial statements.」
Although the Group has reported losses for 4 consecutive periods, it continues to determine that no material uncertainty related to going concern exists as a result of implementing the existing measures. - FY2017-Q3AchievedAnnual report
「Because this financing stabilized our financial foundation, we determined that no material uncertainty related to the going-concern assumption existed and decided to eliminate the related note disclosure.」
The Group raised ¥2,210.039 million through the full exercise of the fourth series of stock acquisition rights, stabilizing its financial foundation and eliminating the going-concern note disclosure. Measures including revenue growth, portfolio selection and concentration, and cost reduction continued, however. - FY2017-Q2RestatedAnnual report
「The Group continues to work to secure revenue, reduce expenses and stabilize its financial foundation in order to eliminate these circumstances.」
The Group continues to pursue revenue generation, expense reduction and financial foundation stabilization in response to material events raising substantial doubt about going concern. - FY2017-Q1RestatedAnnual report
「The Group continues to work to secure revenue, reduce expenses and stabilize its financial foundation in order to eliminate these circumstances.」
The Group continues to pursue revenue generation, expense reduction and financial foundation stabilization in response to material events raising substantial doubt about going concern. - FY2016RestatedAnnual report
「By implementing these measures, we will reduce costs and increase revenue, thereby strengthening our business and financial foundations, and work to eliminate and improve these circumstances.」
The Group continues to pursue cost reductions, revenue growth and financial foundation strengthening in response to material events relating to going concern. - FY2016-Q3First statedAnnual report
「The Group is working to secure revenue, reduce expenses and stabilize its financial foundation in order to eliminate these circumstances.」
The Group stated its policy of simultaneously securing revenue, reducing expenses and stabilizing its financial foundation in response to material events raising substantial doubt about going concern.