Recurring Operating Losses and Going Concern Assumption
First written in FY2016-Q2. 14 of 21 entries say "Restated". Latest entry: FY2024.
The whole theme swung hardest in 2020: 30 of 70 companies on the "Worse" side.
16 other companies' latest entry also says "Dropped".
- FY2024DroppedAnnual reportNo disclosure of material events or other matters related to the going concern assumption was identified in the body of this annual securities report.
- FY2022RestatedAnnual report
「(9) Material events and other matters related to the going concern assumption There are no applicable matters.」
Continues to state that there are no applicable material events or other matters related to the going concern assumption. - FY2022-Q3RestatedAnnual report
「(Matters related to the going-concern assumption) There are no applicable matters.」
Continues to state that there are no applicable matters concerning the going concern assumption. - FY2022-Q2RestatedAnnual report
「(Matters related to the going-concern assumption) There are no applicable matters.」
Continues to state that there are no applicable matters concerning the going concern assumption. - FY2021RestatedAnnual report
「(9) Material events and other matters related to the going concern assumption There are no applicable matters.」
Continues to state that there are no applicable material events or other matters related to the going concern assumption. - FY2021-Q3RestatedAnnual report
「(Matters related to the going-concern assumption) There are no applicable matters.」
Continues to state that there are no applicable matters concerning the going concern assumption. - FY2021-Q2RestatedAnnual report
「(Matters related to the going-concern assumption) There are no applicable matters.」
Continues to state that there are no applicable matters concerning the going concern assumption. - FY2020-Q3RestatedAnnual report
「(Matters related to the going-concern assumption) There are no applicable matters.」
Continues to state that there are no applicable matters concerning the going concern assumption. - FY2020-Q2RestatedAnnual report
「(Matters related to the going-concern assumption) There are no applicable matters.」
Continues to state that there are no applicable matters concerning the going concern assumption. - FY2019RestatedAnnual report
「(8) Material events and other matters related to the going concern assumption There are no applicable matters.」
Continues to state that there are no applicable material events or other matters related to the going concern assumption. - FY2019-Q3RestatedAnnual report
「(Matters Related to the Going-Concern Assumption) Not applicable.」
Continues to state that there are no applicable matters concerning the going concern assumption. - FY2019-Q1RestatedAnnual report
「(Matters Related to the Going-Concern Assumption) Not applicable.」
Continues to state that there are no applicable matters concerning the going concern assumption. - FY2018-Q3RestatedAnnual report
「(Matters Related to the Going-Concern Assumption) Not applicable.」
Continues to state that there are no applicable matters concerning the going concern assumption. - FY2018-Q2RestatedAnnual report
「(Matters related to the going-concern assumption) There are no applicable matters.」
As in the previous quarter, the report states that there are no applicable matters related to the going concern assumption. - FY2018-Q1DroppedAnnual report
「(Matters Related to the Going-Concern Assumption) Not applicable.」
States that there are no applicable matters concerning the going concern assumption, and that the material event previously disclosed is not included in this quarterly report. - FY2017-Q3MitigatedAnnual report
「Although the Group recorded operating income, ordinary income and profit attributable to owners of the parent during the first nine months of the current consolidated fiscal year, circumstances exist that raise significant doubt about the going concern assumption because the Group had continued to report operating losses through the previous consolidated fiscal year. However, the Group recorded operating income, ordinary income and profit attributable to owners of the parent during the first nine months of the current consolidated fiscal year and, as of the end of the third quarter, cash and deposits plus securities with market values totaled ¥7,538,449 thousand, securing the working capital required.」
The material event arising from recurring operating losses through the previous consolidated fiscal year continues to be disclosed. Management has maintained its determination that no material uncertainty exists after the Group reported operating income, ordinary income and net income attributable to owners of the parent for the third-quarter cumulative period. - FY2017-Q2MitigatedAnnual report
「Although the Group recorded operating income, ordinary income and profit attributable to owners of the parent during the first six months of the current consolidated fiscal year, circumstances exist that raise significant doubt about the going concern assumption because the Group had continued to report operating losses through the previous consolidated fiscal year. However, the Group recorded operating income, ordinary income and profit attributable to owners of the parent during the first six months of the current consolidated fiscal year and, as of the end of the second quarter, cash and deposits plus securities with market values totaled ¥5,772,689 thousand, securing the working capital required. The Group has interest-bearing debt of ¥668,642 thousand, equivalent to 5.6% of total assets, but repayments have been made without delay, and the Group believes that there are no financial impediments.」
Although the material event arising from recurring operating losses through the previous consolidated fiscal year remains, management has maintained its determination that no material uncertainty exists after the Group reported operating income, ordinary income and net income attributable to owners of the parent for the second-quarter cumulative period. - FY2017-Q1MitigatedAnnual report
「Although the Group reported operating income, ordinary income and net income attributable to owners of the parent for the first quarter of the current consolidated fiscal year, circumstances exist that raise substantial doubt about the Group’s ability to continue as a going concern because it had reported operating losses through the previous consolidated fiscal year. However, the Group reported operating income, ordinary income and net income attributable to owners of the parent for the first-quarter cumulative period and had secured the necessary working capital, with cash and deposits plus marketable securities totaling ¥4,321,760 thousand as of the end of the first quarter. The Group has interest-bearing debt of ¥704,668 thousand, equivalent to 7.7% of total assets, but repayments have been made without delay, and management believes there are no financial impediments.」
Although circumstances raising substantial doubt remain because the Group reported recurring operating losses through the previous consolidated fiscal year, management explains that the Group reported operating income, ordinary income and net income attributable to owners of the parent in the first quarter and has secured the necessary working capital. The determination that no material uncertainty exists and the absence of a going-concern note in the financial statements have been maintained. - FY2016WorsenedAnnual report
「The Group has continued to report operating losses. In the current consolidated fiscal year, an operating loss of ¥1,605,244 thousand, an ordinary loss of ¥1,428,847 thousand and a loss attributable to owners of the parent of ¥2,147,939 thousand were recorded as a result of the one-time amortization of goodwill and the recognition of impairment losses. Accordingly, circumstances exist that raise significant doubt about the going concern assumption.」
In addition to recurring operating losses, the Group reported an operating loss of ¥1,605,244 thousand, an ordinary loss of ¥1,428,847 thousand and a net loss attributable to owners of the parent of ¥2,147,939 thousand for the year, indicating a deterioration in the circumstances raising substantial doubt, supported by quantitative figures. - FY2016-Q3RestatedAnnual report
「The Group has continued to report operating losses, and circumstances exist that raise substantial doubt about the going concern assumption. However, as of the end of the third quarter of the current consolidated fiscal year, cash and deposits plus marketable securities with quoted market values totaled ¥3,342,973 thousand, securing the necessary working capital.」
Continues to describe the material event arising from recurring operating losses. The Group has secured the working capital required and maintains its conclusion that no material uncertainty exists regarding the going concern assumption. - FY2016-Q2First statedAnnual report
「The Group has continued to report operating losses, and circumstances exist that raise significant doubt about the going concern assumption.」
The disclosure describes circumstances that raise substantial doubt about the going concern assumption due to recurring operating losses. At the same time, the Group has secured the working capital it requires and has determined that no material uncertainty exists regarding the going concern assumption.