Going concern risk associated with a significant impairment loss and a decline in shareholders’ equity
First written in FY2021. 11 of 16 entries say "Mitigated", first in FY2022-Q1. Latest entry: 2026-08-14.
Sharingtechnology moved to the "Worse" side of this theme in 2026, 6 years after the typical company in this theme (2020).
The whole theme swung hardest in 2020: 30 of 70 companies on the "Worse" side.
24 other companies' latest entry also says "Worsened".
- FY2025MitigatedAnnual report
「Equity ratio attributable to owners of the parent (%) 6.20 28.76 52.90 61.56 69.33」
The equity ratio attributable to owners of the parent rose from 61.56% at the end of the previous fiscal year to 69.33%, further improving the financial indicators of going-concern risk explicitly disclosed in FY2021. - FY2025-H1MitigatedAnnual report
「Equity ratio attributable to owners of the parent (%) 63.40 65.39 61.56」
The equity ratio attributable to owners of the parent rose from 61.56% at the end of FY2024 to 65.39% at the end of FY2025-H1. The financial indicators of going-concern risk associated with significant impairment losses and a decline in equity, explicitly disclosed in FY2021, improved further. - FY2024MitigatedAnnual report
「Equity ratio attributable to owners of the parent (%) 52.90 61.56」
The equity ratio attributable to owners of the parent rose from 52.90% at the end of FY2023 to 61.56% at the end of FY2024, further improving the financial indicators of going-concern risk explicitly disclosed in FY2021. - FY2024-Q2MitigatedAnnual report
「Equity ratio attributable to owners of the parent (%) 45.40 63.40 52.90」
The equity ratio attributable to owners of the parent rose from 45.40% in the same period of the previous year and 52.90% at the end of FY2023 to 63.40% at the end of the second quarter. The financial indicators of going-concern risk associated with significant impairment losses and a decline in equity, explicitly disclosed in FY2021, improved further. - FY2024-Q1MitigatedAnnual report
「Equity ratio attributable to owners of the parent (%) 46.57 58.28 52.90」
The equity ratio attributable to owners of the parent rose from 52.90% at the end of FY2023 to 58.28% at the end of FY2024-Q1. The financial indicators of going-concern risk associated with significant impairment losses and a decline in equity, disclosed in FY2021, improved further. - FY2023MitigatedAnnual report
「Equity ratio attributable to owners of the parent (%) 16.51 19.22 6.20 28.76 52.90」
The equity ratio attributable to owners of the parent rose from 28.76% at the end of FY2022 to 52.90% at the end of FY2023. The financial indicators of going-concern risk associated with significant impairment losses and a decline in equity, disclosed in FY2021, improved further. - FY2023-Q3MitigatedAnnual report
「Equity ratio attributable to owners of the parent (%) 19.16 52.18 28.76」
The equity ratio attributable to owners of the parent rose from 28.76% at the end of FY2022 to 52.18% as of 30 June 2023. Quarterly income attributable to owners of the parent of ¥1,087,353 thousand was also recorded, and financial indicators of going-concern risk improved further. - FY2023-Q2RestatedAnnual report
「Equity ratio attributable to owners of the parent (%) 12.90 45.40 28.76」
The equity ratio attributable to owners of the parent improved from 12.90% in FY2022-Q2 to 45.40%, exceeding the 28.76% recorded at the end of FY2022. Quarterly income attributable to owners of the parent of ¥642,385 thousand was recorded for the second quarter of the consolidated cumulative period. - FY2023-Q1MitigatedAnnual report
「Equity ratio attributable to owners of the parent (%) 9.78 46.57 28.76」
The equity ratio attributable to owners of the parent rose from 28.76% at the end of FY2022 to 46.57% at the end of FY2023-Q1, and quarterly income attributable to owners of the parent of ¥279,482 thousand was recorded. Financial indicators of going-concern risk improved further. - FY2022MitigatedAnnual report
「Based on these circumstances, the Company believes that, as of the end of the current consolidated fiscal year, no events or conditions existed that could raise significant doubt about the going-concern assumption.」
Regarding the significant doubt about the going-concern assumption disclosed through the previous fiscal year, the Company recorded operating income and net income, reported an equity ratio of 28.76% and cash of ¥957,646 thousand, and changed its assessment to conclude that no such events or conditions existed at fiscal year-end. - FY2022-Q3RestatedAnnual report
「Based on these circumstances, the Company believes that, as of the end of the third quarter of the current consolidated accounting period, no events or conditions existed that could raise significant doubt about the going-concern assumption.」
As in the previous quarter, the Company stated that it had determined that no events or conditions existed that could raise significant doubt about the going-concern assumption. - FY2022-Q2MitigatedAnnual report
「Based on these circumstances, the Company determined that, as of the end of the second quarter of the current consolidated accounting period, the events and conditions that could raise significant doubt about the going-concern assumption had been resolved.」
After reporting operating income of ¥125,141 thousand, quarterly income of ¥118,849 thousand, an equity ratio attributable to owners of the parent of 12.90% and cash and cash equivalents of ¥1,041,234 thousand, the Company determined that the events and conditions that could raise significant doubt about the going-concern assumption had been resolved. - FY2022-Q1MitigatedAnnual report
「The Group recorded operating income of ¥70,889 thousand and quarterly income of ¥66,549 thousand for the first quarter of the current consolidated cumulative period, an increase from the previous consolidated fiscal year. However, its equity ratio attributable to owners of the parent was 9.78%, and events and conditions existed that could raise significant doubt about the going-concern assumption.」
The indicators of going-concern risk improved as the Company recorded operating income and quarterly income, and its equity ratio rose from 6.20% at the end of the previous fiscal year to 9.78%. However, the Company stated that events and conditions that could raise significant doubt still existed. It also determined that there were no significant concerns regarding its cash-flow position and that no material uncertainty regarding the going-concern assumption existed. - FY2021First statedAnnual report
「As a result of recording impairment losses on goodwill, intangible assets and other assets during the current consolidated fiscal year, the Group reported an operating loss of ¥1,130,795 thousand and a net loss of ¥1,119,229 thousand. In addition, its equity ratio attributable to owners of the parent was 6.20%, and events and conditions existed that could raise significant doubt about the going-concern assumption.」
For the first time, events and conditions that could raise significant doubt about the going-concern assumption were explicitly disclosed against a backdrop of an operating loss, a net loss, significant impairment losses and an equity ratio of 6.20%. However, in the same filing, the Company determined that no material uncertainty regarding the going-concern assumption existed, taking into account its cash-flow position and other factors.