Material Event Related to Going Concern Following Three Consecutive Periods of Operating Losses
First written in FY2016. 17 of 29 entries say "Restated". Latest entry: 2026-08-12.
The whole theme swung hardest in 2025: 26 of 48 companies on the "Worse" side.
23 other companies' latest entry also says "Mitigated".
- 2026-08-12MitigatedEarnings
「(Notes on Going Concern) There are no applicable matters.」
The first-quarter earnings summary stated that there were no applicable matters in the notes on going concern. - FY2026MitigatedAnnual report
「Revenue for the fiscal year was ¥685 million, up 64.6% from the previous fiscal year, ordinary profit was ¥106 million, compared with ordinary loss of ¥282 million in the previous fiscal year, and net profit was ¥85 million, compared with net loss of ¥285 million in the previous fiscal year.」
The Company reported operating income of ¥44 million, ending the consecutive run of operating losses. The loss position underlying the material events related to the going concern assumption that had continued through FY2025 was reduced. - FY2026-H1RestatedAnnual report
「The Company has reported operating losses for 6 consecutive fiscal years, from the fiscal year ended March 2020 through the previous fiscal year. Accordingly, there may be material events or other matters related to the going concern assumption. However, from a financial perspective, cash and cash equivalents and surplus funds held for investment totaled ¥1,480 million at the end of the interim accounting period, and the equity ratio was also high at 94.8%.」
The Company continues to disclose operating losses for 6 consecutive fiscal years and the possibility of material events related to the going concern assumption. Meanwhile, it reported cash and cash equivalents and surplus funds held for investment of ¥1,480 million and an equity ratio of 94.8%, and maintained its assessment that there is no material uncertainty related to the going concern assumption. - FY2025WorsenedAnnual report
「The Company has reported operating losses for 6 consecutive fiscal years, from the fiscal year ended March 2020 through the current fiscal year. Accordingly, there may be material events or other matters related to the going concern assumption.」
The consecutive reporting of operating losses increased from 5 fiscal years in FY2024 to 6 fiscal years, worsening the circumstances indicating the possibility of material events. Meanwhile, the Company reported cash and cash equivalents and surplus funds held for investment of ¥1,522 million and an equity ratio of 95.6%, and maintained its assessment that there is no material uncertainty. - FY2025-H1RestatedAnnual report
「The Company has reported operating losses for 5 consecutive fiscal years, from the fiscal year ended March 2020 through the previous fiscal year. Accordingly, there may be material events or other matters related to the going concern assumption.」
The Company continues to disclose operating losses for 5 consecutive fiscal years and the possibility of material events related to the going concern assumption. Meanwhile, it reported cash and cash equivalents and surplus funds held for investment of ¥1,672 million and an equity ratio of 95.5%, and maintained its assessment that there is no material uncertainty. - FY2024WorsenedAnnual report
「The Company has reported operating losses for 5 consecutive fiscal years, from the fiscal year ended March 2020 through the current fiscal year. Accordingly, there may be material events or other matters related to the going concern assumption.」
The consecutive reporting of operating losses increased from 4 fiscal years in FY2023 to 5 fiscal years. Meanwhile, the Company reported cash and cash equivalents and surplus funds held for investment of ¥1,755 million and an equity ratio of 94.7%, and maintained its assessment that there is no material uncertainty. - FY2024-Q3RestatedAnnual report
「The Company has reported operating losses for 4 consecutive fiscal years, from the fiscal year ended March 2020 through the previous fiscal year. Accordingly, there may be material events or other matters related to the going concern assumption. However, from a financial perspective, cash and cash equivalents and surplus funds held for investment totaled ¥1,788 million at the end of the third quarter accounting period, and the equity ratio was also high at 95.3%.」
While continuing to disclose operating losses for 4 consecutive fiscal years and the possibility of material events, the Company reported cash and cash equivalents and surplus funds held for investment of ¥1,788 million and an equity ratio of 95.3%, and maintained its assessment that there is no material uncertainty. - FY2024-Q2RestatedAnnual report
「The Company has reported operating losses for 4 consecutive fiscal years, from the fiscal year ended March 2020 through the previous fiscal year. Accordingly, there may be material events or other matters related to the going concern assumption. However, from a financial perspective, cash and cash equivalents and surplus funds held for investment totaled ¥1,862 million at the end of the second quarter accounting period, and the equity ratio was also high at 96.2%.」
The Company continues to disclose operating losses for 4 consecutive fiscal years and the possibility of material events related to the going concern assumption. Meanwhile, it reported cash and cash equivalents and surplus funds held for investment of ¥1,862 million and an equity ratio of 96.2%, and maintained its assessment that there is no material uncertainty. - FY2024-Q1RestatedAnnual report
「The Company has reported operating losses for 4 consecutive fiscal years, from the fiscal year ended March 2020 through the previous fiscal year. Accordingly, there may be material events or other matters related to the going concern assumption. However, from a financial perspective, cash and cash equivalents and surplus funds held for investment totaled ¥1,949 million at the end of the first quarter accounting period, and the equity ratio was also high at 96.8%.」
The Company continues to disclose operating losses for 4 consecutive fiscal years and the possibility of material events related to the going concern assumption. Meanwhile, it reported cash and cash equivalents and surplus funds held for investment of ¥1,949 million and an equity ratio of 96.8%, and maintained its assessment that there is no material uncertainty. - FY2023WorsenedAnnual report
「The Company has reported operating losses for 4 consecutive fiscal years, from the fiscal year ended March 2020 through the current fiscal year. Accordingly, there may be material events or other matters related to the going concern assumption. However, from a financial perspective, cash and cash equivalents and surplus funds held for investment totaled ¥2,001 million at the end of the current fiscal year, and the equity ratio was also high at 95.9%.」
The consecutive reporting of operating losses increased from 3 fiscal years in FY2022 to 4 fiscal years. Meanwhile, the Company reported cash and cash equivalents and surplus funds held for investment of ¥2,001 million, an equity ratio of 95.9%, and positive operating cash flow, and maintained its assessment that there is no material uncertainty. - FY2023-Q3RestatedAnnual report
「The Company has reported operating losses for 3 consecutive fiscal years, from the fiscal year ended March 2020 through the previous fiscal year. Accordingly, there may be material events or other matters related to the going concern assumption. However, from a financial perspective, cash and cash equivalents and surplus funds held for investment totaled ¥1,948 million at the end of the third quarter accounting period, and the equity ratio was also high at 96.6%. From the current fiscal year onward, the Company will work to increase sales by maintaining its robust financial position, advancing the development of new technologies and strengthening sales activities, while focusing on further improving earnings and returning to profitability by reducing unnecessary and non-urgent expenses. Accordingly, the Company has determined that there is no material uncertainty related to the going concern assumption and has not included such a matter in the notes to the quarterly financial statements.」
While continuing to disclose operating losses for 3 consecutive fiscal years and the possibility of material events, the Company reported cash and cash equivalents and surplus funds held for investment of ¥1,948 million and an equity ratio of 96.6%, and maintained its assessment that no material uncertainty exists. - FY2023-Q2RestatedAnnual report
「The Company has reported operating losses for 3 consecutive fiscal years, from the fiscal year ended March 2020 through the previous fiscal year. Accordingly, there may be material events or other matters related to the going concern assumption. However, from a financial perspective, cash and cash equivalents and surplus funds held for investment totaled ¥1,965 million at the end of the second quarter accounting period, and the equity ratio was also high at 93.8%.」
While continuing to disclose operating losses for 3 consecutive fiscal years and the possibility of material events, the Company reported cash and cash equivalents and surplus funds held for investment of ¥1,965 million and an equity ratio of 93.8%, and maintained its assessment that no material uncertainty related to the going concern assumption exists. - FY2023-Q1RestatedAnnual report
「The Company has reported operating losses for 3 consecutive fiscal years, from the fiscal year ended March 2020 through the previous fiscal year. Accordingly, there may be material events or other matters related to the going concern assumption. However, from a financial perspective, cash and cash equivalents and surplus funds held for investment totaled ¥1,986 million at the end of the first quarter accounting period, and the equity ratio was also high at 97.4%. From the current fiscal year onward, the Company will work to increase sales by maintaining its robust financial position, advancing the development of new technologies and strengthening sales activities, while focusing on further improving earnings and returning to profitability by reducing unnecessary and non-urgent expenses. Accordingly, the Company has determined that there is no material uncertainty related to the going concern assumption and has not included such a matter in the notes to the quarterly financial statements.」
While continuing to disclose operating losses for 3 consecutive fiscal years and the possibility of material events, the Company reported cash and cash equivalents and surplus funds held for investment of ¥1,986 million and an equity ratio of 97.4%, and maintained its assessment that no material uncertainty exists. - FY2022Restatement of material eventsAnnual report
「The Company has reported operating losses for 3 consecutive fiscal years, from the fiscal year ended March 2020 through the current fiscal year. Accordingly, there may be material events or other matters related to the going concern assumption.」
Material events related to the going concern assumption, which had not been disclosed since FY2019, were disclosed again due to operating losses for 3 consecutive fiscal years. The disclosure also stated that cash and cash equivalents and surplus funds held for investment totaled ¥1,938 million and the equity ratio was 96.1%, and that there was no material uncertainty. - FY2019DroppedAnnual report
「Up to the previous fiscal year, sluggish revenue meant that the company was unable to cover costs such as selling, general and administrative expenses and was forced to record losses. In the fiscal year under review, however, the company successfully won several large projects in its hardware licensing and solutions businesses, among other factors, resulting in its first profit in 6 fiscal years.」
The FY2019 risk disclosures no longer included a material event related to the going concern assumption due to consecutive operating losses, and the company reported a profit for the fiscal year. - FY2019-Q3RestatedAnnual report
「We recorded operating losses for 5 consecutive fiscal years from the fiscal year ended March 2014 through the previous fiscal year. Accordingly, material events or conditions related to the going concern assumption may exist. However, financially, cash and deposits stood at ¥1,550 million at the end of the third quarter of the current fiscal year, and the equity ratio was also high at 97.3%. In terms of profitability, the cumulative third-quarter period showed signs of improvement, including a substantial narrowing of the loss.」
While continuing to disclose the operating losses for 5 consecutive fiscal years and the possibility of a material event, the company reported cash and deposits of ¥1,550 million, an equity ratio of 97.3% and a narrowing of the loss, and continues to determine that no material uncertainty related to the going concern assumption is recognized. - FY2019-Q2RestatedAnnual report
「We recorded operating losses for 5 consecutive fiscal years from the fiscal year ended March 2014 through the previous fiscal year. Accordingly, material events or conditions related to the going concern assumption may exist. However, financially, cash and deposits stood at ¥1,610 million at the end of the second quarter of the current fiscal year, and the equity ratio was also high at 96.3%. From the current fiscal year onward, we will continue to promote the development of new technologies and strengthen sales activities to increase sales, while focusing on reducing unnecessary and non-urgent expenses to further improve profitability and return to profitability. Accordingly, we have determined that no material uncertainty related to the going concern assumption is recognized and have not included a note to that effect in the quarterly financial statements.」
While continuing to disclose the operating losses for 5 consecutive fiscal years and the possibility of a material event, the company reported cash and deposits of ¥1,610 million and an equity ratio of 96.3%, and continues to determine that no material uncertainty related to the going concern assumption is recognized. - FY2019-Q1RestatedAnnual report
「We recorded operating losses for 5 consecutive fiscal years from the fiscal year ended March 2014 through the previous fiscal year. Accordingly, material events or conditions related to the going concern assumption may exist. However, financially, cash and deposits stood at ¥1,629 million at the end of the first quarter of the current fiscal year, and the equity ratio was also high at 96.9%. From the current fiscal year onward, we will continue to promote the development of new technologies and strengthen sales activities to increase sales, while focusing on reducing unnecessary and non-urgent expenses to further improve profitability and return to profitability. Accordingly, we have determined that no material uncertainty related to the going concern assumption is recognized and have not included a note to that effect in the quarterly financial statements.」
While continuing to disclose the operating losses for 5 consecutive fiscal years and the possibility of a material event, the company reported cash and deposits of ¥1,629 million and an equity ratio of 96.9%, and continues to determine that no material uncertainty related to the going concern assumption is recognized. - FY2018WorsenedAnnual report
「We recorded operating losses for 5 consecutive fiscal years from the fiscal year ended March 2014 through the current fiscal year. Accordingly, material events or conditions related to the going concern assumption may exist.」
The consecutive operating losses increased from 4 fiscal years to 5, worsening the situation indicating the possibility of a material event. Meanwhile, the company reported cash and deposits of ¥1,620 million and an equity ratio of 96.3%, and continues to determine that no material uncertainty is recognized. - FY2018-Q3RestatedAnnual report
「We recorded operating losses for 4 consecutive fiscal years from the fiscal year ended March 2014 through the previous fiscal year. Accordingly, material events or conditions related to the going concern assumption may exist. However, financially, cash and deposits stood at ¥1,669 million at the end of the third quarter of the current fiscal year, and the equity ratio was also high at 96.9%. In terms of profitability, the cumulative third-quarter period showed signs of improvement, including a substantial narrowing of the loss.」
While continuing to disclose the operating losses for 4 consecutive fiscal years and the possibility of a material event, the company reported cash and deposits of ¥1,669 million, an equity ratio of 96.9% and a narrowing of the loss, and continues to determine that no material uncertainty related to the going concern assumption is recognized. - FY2018-Q2RestatedAnnual report
「We recorded operating losses for 4 consecutive fiscal years from the fiscal year ended March 2014 through the previous fiscal year. Accordingly, material events or conditions related to the going concern assumption may exist. However, financially, cash and deposits stood at ¥1,694 million at the end of the second quarter of the current fiscal year, and the equity ratio was also high at 96.4%. In terms of profitability, the cumulative second-quarter period showed signs of improvement, including a substantial narrowing of the loss, and operating cash flow for the cumulative second-quarter period was positive.」
While continuing to disclose the situation of operating losses for 4 consecutive fiscal years, the company reported cash and deposits of ¥1,694 million, an equity ratio of 96.4%, positive operating cash flow and a narrowing of the loss, and continues to determine that no material uncertainty related to the going concern assumption is recognized. - FY2018-Q1RestatedAnnual report
「We recorded operating losses for 4 consecutive fiscal years from the fiscal year ended March 2014 through the previous fiscal year. Accordingly, material events or conditions related to the going concern assumption may exist. However, financially, cash and deposits stood at ¥1,627 million at the end of the first quarter of the current fiscal year, and the equity ratio was also high at 97.0%. From the current fiscal year onward, we will continue to promote the development of new technologies and strengthen sales activities to increase sales, while focusing on reducing unnecessary and non-urgent expenses to further improve profitability and return to profitability. Accordingly, we have determined that no material uncertainty related to the going concern assumption is recognized and have not included a note to that effect in the quarterly financial statements.」
While continuing to disclose the situation of operating losses for 4 consecutive fiscal years, the company reported cash and deposits of ¥1,627 million and an equity ratio of 97.0%, and continues to determine that no material uncertainty related to the going concern assumption is recognized. - FY2017WorsenedAnnual report
「We recorded operating losses for 4 consecutive fiscal years from the fiscal year ended March 2014 through the current fiscal year. Accordingly, material events or conditions related to the going concern assumption may exist. However, financially, cash and deposits stood at ¥1,651 million at the end of the current fiscal year, and the equity ratio was also high at 96.4%.」
The consecutive operating losses increased from 3 fiscal years to 4, worsening the situation indicating the possibility of a material event. Meanwhile, the company reported cash and deposits of ¥1,651 million and an equity ratio of 96.4%, and continues to determine that no material uncertainty is recognized. - FY2017-Q3RestatedAnnual report
「We recorded operating losses for 3 consecutive fiscal years from the fiscal year ended March 2014 through the previous fiscal year. Accordingly, material events or conditions related to the going concern assumption may exist. However, financially, cash and deposits stood at ¥1,656 million at the end of the third quarter of the current fiscal year, and the equity ratio was also high at 97.2%. In terms of profitability, the previous fiscal year showed signs of improvement, including a substantial narrowing of the loss, and operating cash flow was positive for the first time in 3 fiscal years. From the current fiscal year onward, we will continue to promote the development of new technologies and strengthen sales activities to increase sales, while focusing on reducing unnecessary and non-urgent expenses to further improve profitability and return to profitability. Accordingly, we have determined that no material uncertainty related to the going concern assumption is recognized and have not included a note to that effect in the quarterly financial statements.」
While reiterating the operating losses for 3 consecutive fiscal years and the possibility of a material event, the company reported cash and deposits of ¥1,656 million and an equity ratio of 97.2%, and continues to determine that no material uncertainty related to the going concern assumption is recognized. - FY2017-Q2RestatedAnnual report
「We recorded operating losses for 3 consecutive fiscal years from the fiscal year ended March 2014 through the previous fiscal year. Accordingly, material events or conditions related to the going concern assumption may exist. However, financially, cash and deposits stood at ¥1,717 million at the end of the second quarter of the current fiscal year, and the equity ratio was also high at 96.9%.」
While reiterating the operating losses for 3 consecutive fiscal years and the possibility of a material event, the company reported cash and deposits of ¥1,717 million and an equity ratio of 96.9%, and continues to determine that no material uncertainty related to the going concern assumption is recognized. - FY2017-Q1RestatedAnnual report
「We recorded operating losses for 3 consecutive fiscal years from the fiscal year ended March 2014 through the previous fiscal year. Accordingly, material events or conditions related to the going concern assumption may exist. However, financially, cash and deposits stood at ¥1,778 million at the end of the first quarter of the current fiscal year, and the equity ratio was also high at 97.7%. In terms of profitability, the previous fiscal year showed signs of improvement, including a substantial narrowing of the loss, and operating cash flow was positive for the first time in 3 fiscal years.」
While reiterating the operating losses for 3 consecutive fiscal years and the possibility of a material event, the company reported cash and deposits of ¥1,778 million, an equity ratio of 97.7% and positive operating cash flow in the previous fiscal year, and continues to determine that no material uncertainty is recognized. - FY2016First statedAnnual report
「We recorded operating losses for 3 consecutive fiscal years from the fiscal year ended March 2014 through the current fiscal year. Accordingly, material events or conditions related to the going concern assumption may exist.」
While disclosing the possibility of a material event due to operating losses for 3 consecutive fiscal years, the company reported cash and deposits of ¥1,820 million, an equity ratio of 96.4% and positive operating cash flow, and determined that there was no material uncertainty.