Events or circumstances that raise significant doubt about the going concern assumption
G-NEXT Inc. and its consolidated subsidiary (subsidiary: 株式会社VoXテクノロジー)
Stakeholder DX platform business (Discoveriez, Discoveriez AI, CRMotion and other products)
The company recorded operating losses continuously from the 21st fiscal year (fiscal year ended March 2022) through the previous consolidated accounting period, cash flow from operating activities was also negative, and it recorded an operating loss and an ordinary loss during the cumulative first-quarter consolidated reporting period.
Operating loss of ¥14.781 million, ordinary loss of ¥20.421 million and quarterly net income of ¥374 thousand. The company recorded ¥5.642 million in non-operating expenses and ¥20.886 million in extraordinary income (gain on reversal of stock acquisition rights).
Cumulative consolidated period for the first quarter of the fiscal year ending March 2027 (1 April 2026 to 30 June 2026)
There is no change to the full-year earnings forecast announced on 14 May 2026. Net sales: ¥1,500–1,600 million; operating income: ¥30–40 million.
Company response
The establishment of a third-party committee or special investigation committee: not disclosed. Orient Audit Corporation conducted an interim review of the quarterly consolidated financial statements.
To achieve profitability in the software business, the company will pursue new customer acquisition, price revisions, increases in licenses and the introduction of options for existing customers, the replacement from CRMotion to Discoveriez, the introduction of Discoveriez AI, and greater operational efficiency, cost management and optimization of development costs. The CRMotion service is scheduled to end completely at the end of September 2026.
| Item | Details |
|---|---|
| Event name | Events or circumstances that raise significant doubt about the going concern assumption |
| Date of occurrence | 30 June 2026 (end of the cumulative first-quarter consolidated reporting period) |
| Subject Entity | G-NEXT Inc. and its consolidated subsidiary (subsidiary: 株式会社VoXテクノロジー) |
| Target Locations / Products | Stakeholder DX platform business (Discoveriez, Discoveriez AI, CRMotion and other products) |
| Cause | The company recorded operating losses continuously from the 21st fiscal year (fiscal year ended March 2022) through the previous consolidated accounting period, cash flow from operating activities was also negative, and it recorded an operating loss and an ordinary loss during the cumulative first-quarter consolidated reporting period. |
| Amount of Impact on Business Performance | Operating loss of ¥14.781 million, ordinary loss of ¥20.421 million and quarterly net income of ¥374 thousand. The company recorded ¥5.642 million in non-operating expenses and ¥20.886 million in extraordinary income (gain on reversal of stock acquisition rights). |
| Accounting period in which recognized | Cumulative consolidated period for the first quarter of the fiscal year ending March 2027 (1 April 2026 to 30 June 2026) |
| Impact on Earnings Forecast | There is no change to the full-year earnings forecast announced on 14 May 2026. Net sales: ¥1,500–1,600 million; operating income: ¥30–40 million. |
| Investigation structure | The establishment of a third-party committee or special investigation committee: not disclosed. Orient Audit Corporation conducted an interim review of the quarterly consolidated financial statements. |
| Outlook | To achieve profitability in the software business, the company will pursue new customer acquisition, price revisions, increases in licenses and the introduction of options for existing customers, the replacement from CRMotion to Discoveriez, the introduction of Discoveriez AI, and greater operational efficiency, cost management and optimization of development costs. The CRMotion service is scheduled to end completely at the end of September 2026. |
Items this document does not state (15)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.The company explained that sales increased due to a rise in the number of licenses, upselling to existing customers, price increase negotiations and the migration from the legacy model, CRMotion, to Discoveriez. Regarding the uncertainty surrounding the going concern assumption, the company cited ongoing operating losses, negative cash flow from operating activities, and the operating and ordinary losses recorded in the first quarter.