Continuation of Operating Losses and Request for Financial Support
First written in FY2023-Q2. 9 of 15 entries say "Mitigated", first in FY2024-Q2. Latest entry: FY2026.
The whole theme swung hardest in 2023: 4 of 6 companies on the "Worse" side.
5 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「As a result, revenue for the fiscal year was ¥2,252.030 million, up 22.1% year on year; operating profit was ¥69.373 million, compared with an operating loss of ¥80.040 million in the previous fiscal year; ordinary profit was ¥33.498 million, compared with an ordinary loss of ¥115.610 million; and net income was ¥70.390 million, compared with a net loss of ¥146.336 million.」
Operating profit, ordinary profit, and net income turned positive from losses in the previous full fiscal year, easing the ongoing operating loss position on a full-year basis. - FY2026-H1WorsenedAnnual report
「As a result, revenue for the interim accounting period was ¥770.881 million, down 14.3% year on year. The company posted an operating loss of ¥146.181 million, compared with an operating loss of ¥72.324 million in the same period of the previous year, an ordinary loss of ¥161.021 million, compared with an ordinary loss of ¥87.180 million, and an interim net loss of ¥161.021 million, compared with an interim net loss of ¥92.744 million.」
The operating loss, ordinary loss and interim net loss all widened from the same period of the previous year, and losses continued to be reported. - FY2025WorsenedAnnual report
「As a result, revenue for the fiscal year was ¥1,844.329 million, up 6.0% year on year. The company posted an operating loss of ¥80.040 million, compared with operating income of ¥58.558 million in the previous year, an ordinary loss of ¥115.610 million, compared with ordinary income of ¥44.702 million, and a net loss of ¥146.336 million, compared with net income of ¥72.602 million.」
The Company shifted from a full-year profit in FY2024 to an operating loss, ordinary loss and net loss in FY2025. - FY2025-H1WorsenedAnnual report
「As a result, revenue for the interim accounting period was ¥899.740 million, down 6.2% year on year. As for earnings, increases in procurement costs associated with subscriptions and active research and development resulted in an operating loss of ¥72.324 million, compared with operating income of ¥82.041 million in the same period of the previous year, an ordinary loss of ¥87.180 million, compared with ordinary income of ¥80.779 million, and an interim net loss of ¥92.744 million, compared with interim net income of ¥81.882 million.」
The Company recorded profits for the full previous fiscal year but recorded an operating loss, ordinary loss and interim net loss for the current interim accounting period. This reflects the results for the interim period and does not indicate an outlook for a full-year loss or a request for financial support. - FY2024MitigatedAnnual report
「As a result, revenue for the current fiscal year was ¥1,740.431 million, up 12.3% year on year. Operating income was ¥58.558 million, compared with an operating loss of ¥273.013 million in the previous fiscal year. Ordinary income was ¥44.702 million, compared with an ordinary loss of ¥297.628 million, and net income was ¥72.602 million, compared with a net loss of ¥773.815 million.」
While the Company had recorded operating losses and requested financial support through the previous fiscal year, it recorded operating income, ordinary income and net income for the current fiscal year, easing its full-year loss position. - FY2024-Q3MitigatedAnnual report
「As a result, revenue for the cumulative third-quarter period was ¥1,345.594 million, up 12.4% year on year. As for earnings, efforts to reduce costs resulted in operating income of ¥91.726 million, compared with an operating loss of ¥140.801 million in the same period of the previous year, ordinary income of ¥89.073 million, compared with an ordinary loss of ¥146.173 million, and quarterly net income of ¥89.244 million, compared with a quarterly net loss of ¥618.286 million.」
While the Company had disclosed an outlook for continuing operating losses and a request for financial support, it recorded operating income, ordinary income and quarterly net income for the cumulative period through the third quarter of the current fiscal year, indicating a further easing of the continuing-loss situation. - FY2024-Q2MitigatedAnnual report
「As a result of efforts to reduce costs, operating income was ¥82.041 million, compared with an operating loss of ¥159.136 million in the same quarter of the previous year. Ordinary income was ¥80.779 million, compared with an ordinary loss of ¥164.809 million, and quarterly net income was ¥81.882 million, compared with a quarterly net loss of ¥617.856 million.」
While the outlook through the previous fiscal year had been for operating losses to continue, the cumulative period through the second quarter of the current fiscal year produced operating income, ordinary income and quarterly net income, indicating an easing of the continuing-loss situation. - FY2023MaterialisedAnnual report
「As in the previous fiscal year, the Company expects to report an operating loss for the current fiscal year. After carefully taking into account the uncertainty surrounding projected future revenue from new services, the Company recognized an impairment loss of ¥454.981 million and wrote down its deferred tax assets during the current fiscal year.」
Operating losses continued, and an impairment loss of ¥454.981 million was recognized due to uncertainty surrounding projected future revenue from new services. The Company also drew down both short-term and long-term borrowings. - FY2023-Q3RestatedAnnual report
「The company reviewed its business plan during the second quarter and, as it expects to post an operating loss in the current fiscal year following the previous fiscal year, will give particular priority to addressing the following matters.」
The outlook for an operating loss in the current fiscal year remains unchanged after the business plan review, and the company has identified growth in stock-based sales, recovery of profitability and strengthening of its management foundation as priority initiatives. - FY2023-Q2MaterialisedAnnual report
「Following a review of the business plan during the second quarter, the company expects to post an operating loss in the current fiscal year, as it did in the previous fiscal year. In terms of funding, in addition to cash and deposits at the end of the second quarter, the company has entered into an overdraft agreement for ¥50 million and a commitment line agreement for ¥500 million, and is requesting continued financial support from its lending financial institutions.」
Following the review of the business plan, the company expects operating losses to continue and has disclosed its request for continued financial support from financial institutions in addition to cash and deposits and available borrowing facilities.