Insufficient Distributable Amount and Stabilization of the Financial Base
First written in FY2016. 28 of 40 entries say "Worsened", first in FY2017-Q1. Latest entry: 2026-08-13.
BeMap moved to the "Worse" side of this theme in 2016, 4 years before the typical company in this theme (2020).
The whole theme swung hardest in 2021: 8 of 10 companies on the "Worse" side.
10 other companies' latest entry also says "Worsened".
- 2026-08-13WorsenedOccurring Fact
「Total liabilities decreased by ¥156.921 million from the end of the previous consolidated fiscal year to ¥278.502 million, while net assets decreased by ¥103.254 million to ¥399.554 million.」
Net assets declined from the end of the previous consolidated fiscal year, and the deficit in retained earnings widened from ¥728.812 million to ¥821.807 million. - FY2026WorsenedAnnual report
「The group's operating results included operating losses and ordinary losses for 5 consecutive fiscal years from 2022 through 2026, and during that period it recorded net losses attributable to owners of the parent in every fiscal year except 2024. The negative balance of retained earnings, including past losses, is just under ¥800 million, and there remains no distributable amount calculated under Article 461, Paragraph 2 of the Companies Act.」
Against the backdrop of 5 consecutive years of operating and ordinary losses, the negative balance of retained earnings widened to just under ¥800 million, and the company continues to have no distributable amount. - FY2026-H1WorsenedAnnual report
「Total liabilities were ¥268.952 million, down ¥155.177 million from the end of the previous consolidated fiscal year, and net assets were ¥383.108 million, down ¥121.791 million.」
Although total liabilities decreased, net assets fell by ¥121.791 million. The negative balance of retained earnings also widened from ¥577.258 million to ¥796.585 million, reversing the trend toward improvement in the financial base. - FY2025WorsenedAnnual report
「The negative balance of retained earnings, including past losses, is just under ¥600 million, and there remains no distributable amount calculated under Article 461, Paragraph 2 of the Companies Act. Improving earnings power is necessary to resolve this issue.」
The negative balance of retained earnings widened from just under ¥400 million to just under ¥600 million, and the company continues to have no distributable amount. - FY2025-H1WorsenedAnnual report
「At the end of the interim consolidated accounting period, total assets were ¥763.075 million, down ¥406.121 million from the end of the previous consolidated fiscal year. Total liabilities were ¥282.769 million, down ¥183.803 million, and net assets were ¥480.305 million, down ¥222.317 million.」
Although liabilities decreased, net assets fell by ¥222.317 million from the end of the previous fiscal year. The negative balance of retained earnings also widened from ¥397.702 million to ¥599.488 million, reversing the trend toward improvement in the financial base. - FY2024MitigatedAnnual report
「The negative balance of retained earnings, including past losses, is just under ¥400 million, and there remains no distributable amount calculated under Article 461, Paragraph 2 of the Companies Act.」
The negative balance of retained earnings narrowed from approximately ¥550 million at the end of the previous fiscal year to just under ¥400 million, and net assets also increased. However, there remains no distributable amount. - FY2024-Q3MitigatedAnnual report
「At the end of the third quarter of the current consolidated fiscal year, total assets were ¥944.971 million, down ¥65.758 million from the end of the previous consolidated fiscal year. Total liabilities were ¥296.925 million, down ¥135.674 million, and net assets were ¥648.045 million, up ¥69.915 million.」
Total liabilities decreased, while net assets increased by ¥69.915 million from the end of the previous consolidated fiscal year. The negative balance of retained earnings also narrowed from ¥553.548 million to ¥467.846 million, improving the financial base from the previous fiscal year-end. The disclosure does not state that the shortfall in the distributable amount has been resolved. - FY2024-Q2WorsenedAnnual report
「At the end of the second quarter of the current consolidated fiscal year, total assets were ¥832.099 million, down ¥178.630 million from the end of the previous consolidated fiscal year. Total liabilities were ¥356.816 million, down ¥75.783 million, and net assets were ¥475.282 million, down ¥102.846 million.」
Although total liabilities decreased, net assets fell by ¥102.846 million from the end of the previous consolidated fiscal year. The negative balance of retained earnings also widened from ¥553.548 million to ¥650.994 million, reversing the trend toward improvement in the financial base. - FY2024-Q1WorsenedAnnual report
「Retained earnings △ 573,055」
Although net assets increased by ¥8.545 million from the end of the previous consolidated fiscal year, the negative balance of retained earnings widened from ¥553.548 million to ¥573.055 million. The shortfall in the distributable amount and stabilisation of the financial base remain ongoing challenges. - FY2023WorsenedAnnual report
「The negative balance of retained earnings, including past losses, exceeds ¥500 million, and there remains no distributable amount calculated under Article 461, Paragraph 2 of the Companies Act. Improving earnings power is necessary to resolve this issue.」
Losses in the fiscal years ended March 2022 and March 2023 caused the negative balance of retained earnings to exceed ¥500 million, and the company continues to have no distributable amount. - FY2023-Q3WorsenedAnnual report
「At the end of the third quarter of the current consolidated fiscal year, total assets were ¥734.121 million, down ¥207.326 million from the end of the previous consolidated fiscal year. Total liabilities were ¥186.641 million, down ¥2.251 million, and net assets were ¥547.479 million, down ¥205.074 million.」
Net assets fell by ¥205.074 million from the end of the previous consolidated fiscal year, and the negative balance of retained earnings widened from ¥328.829 million to ¥550.335 million. Deterioration of the financial base is progressing. - FY2023-Q2WorsenedAnnual report
「At the end of the second quarter of the current consolidated fiscal year, total assets were ¥778.215 million, down ¥163.232 million from the end of the previous consolidated fiscal year. Total liabilities were ¥174.580 million, down ¥14.313 million, and net assets were ¥603.635 million, down ¥148.918 million.」
Net assets fell by ¥148.918 million from the end of the previous consolidated fiscal year, and the negative balance of retained earnings widened from ¥328.829 million to ¥492.143 million. The trend toward improvement in the financial base has reversed. - FY2023-Q1WorsenedAnnual report
「At the end of the first quarter of the current consolidated fiscal year, total assets were ¥857.270 million, down ¥84.177 million from the end of the previous consolidated fiscal year. Total liabilities were ¥186.937 million, down ¥1.956 million, and net assets were ¥670.333 million, down ¥82.221 million.」
Net assets fell by ¥82.221 million from the end of the previous consolidated fiscal year, and the negative balance of retained earnings widened from ¥328.829 million to ¥423.671 million. The trend toward improvement in the financial base has reversed. - FY2022-Q3WorsenedAnnual report
「At the end of the third quarter of the current consolidated fiscal year, total assets were ¥897.421 million, down ¥417.310 million from the end of the previous consolidated fiscal year. Total liabilities were ¥157.333 million, down ¥226.769 million, and net assets were ¥740.087 million, down ¥190.540 million.」
Although total liabilities decreased, net assets fell by ¥190.540 million from the end of the previous consolidated fiscal year. The negative balance of retained earnings widened from ¥138.630 million at the end of the previous fiscal year to ¥340.149 million, reversing the trend toward improvement in the financial base. - FY2022-Q2WorsenedAnnual report
「At the end of the second quarter of the current consolidated fiscal year, total assets were ¥965.319 million, down ¥349.412 million from the end of the previous consolidated fiscal year. Total liabilities were ¥169.414 million, down ¥214.688 million, and net assets were ¥795.904 million, down ¥134.724 million.」
Although total liabilities decreased, net assets fell by ¥134.724 million from the end of the previous consolidated fiscal year, and the negative balance of retained earnings widened from ¥138.630 million to ¥282.806 million. The trend toward improvement in the financial base has reversed. - FY2022-Q1WorsenedAnnual report
「Retained earnings △ 218,395」
Due to the posting of a quarterly net loss, the negative balance of retained earnings widened from ¥138.630 million at the end of the previous consolidated fiscal year to ¥218.395 million. The trend toward improvement in the financial base has reversed. - FY2021MitigatedAnnual report
「The group's operating results included net income for 4 consecutive fiscal years from 2018 through 2021, but because it recorded losses from 2016 through 2017, the distributable amount calculated under Article 461, Paragraph 2 of the Companies Act remains insufficient. Improving earnings power is necessary to resolve this issue.」
Net income was recorded for 4 consecutive fiscal years, and the negative balance of retained earnings narrowed from ¥180.089 million to ¥138.630 million. Although the distributable amount remains insufficient, the financial base is improving. - FY2021-Q3WorsenedAnnual report
「At the end of the third quarter of the current consolidated fiscal year, total assets were ¥1,118.579 million, down ¥80.482 million from the end of the previous consolidated fiscal year. Total liabilities were ¥297.700 million, down ¥51.069 million, and net assets were ¥820.879 million, down ¥29.413 million.」
Although total liabilities decreased, net assets fell by ¥29.413 million from the end of the previous consolidated fiscal year. The negative balance of retained earnings also widened from ¥180.089 million to ¥246.045 million, reversing the trend toward improvement in the financial base. - FY2021-Q2WorsenedAnnual report
「At the end of the second quarter of the current consolidated fiscal year, total assets were ¥1,179.472 million, down ¥19.589 million from the end of the previous consolidated fiscal year. Total liabilities were ¥347.659 million, down ¥1.110 million, and net assets were ¥831.813 million, down ¥18.479 million.」
Net assets decreased due to the posting of a quarterly net loss, and the negative balance of retained earnings widened from ¥180.089 million at the end of the previous fiscal year to ¥233.328 million. The trend toward improvement in the financial base has reversed. - FY2021-Q1WorsenedAnnual report
「Retained earnings △ 190,846」
Due to the posting of a quarterly net loss, the negative balance of retained earnings widened from ¥180.089 million at the end of the previous consolidated fiscal year to ¥190.846 million. Meanwhile, net assets increased to ¥872.587 million, mainly due to an increase in stock acquisition rights. - FY2020MitigatedAnnual report
「The group's operating results included net income for 3 consecutive fiscal years from 2018 through 2020, but because it recorded losses from 2016 through 2017, the distributable amount calculated under Article 461, Paragraph 2 of the Companies Act remains insufficient. Improving earnings power is necessary to resolve this issue.」
After net income was recorded for 3 consecutive fiscal years, the negative balance of retained earnings narrowed from ¥268.954 million to ¥180.089 million, improving the financial base. However, the distributable amount remains insufficient. - FY2020-Q3MitigatedAnnual report
「At the end of the third quarter of the current consolidated fiscal year, total assets were ¥896.684 million, down ¥135.452 million from the end of the previous consolidated fiscal year. Total liabilities were ¥117.799 million, down ¥181.118 million, and net assets were ¥778.885 million, up ¥45.666 million.」
Total liabilities decreased, while net assets increased by ¥45.666 million from the end of the previous consolidated fiscal year. The negative balance of retained earnings also narrowed from ¥268.954 million to ¥233.796 million, improving the financial base. - FY2020-Q2MitigatedAnnual report
「At the end of the second quarter of the current consolidated fiscal year, total assets were ¥925.213 million, down ¥106.924 million from the end of the previous consolidated fiscal year. Total liabilities were ¥132.981 million, down ¥165.936 million, and net assets were ¥792.231 million, up ¥59.012 million.」
Total liabilities decreased, while net assets increased by ¥59.012 million from the end of the previous consolidated fiscal year. The negative balance of retained earnings also narrowed from ¥268.954 million to ¥217.182 million, improving the financial base. - FY2020-Q1MitigatedAnnual report
「At the end of the first quarter of the current consolidated fiscal year, total assets were ¥867.804 million, down ¥164.333 million from the end of the previous consolidated fiscal year. Total liabilities were ¥126.824 million, down ¥172.094 million, and net assets were ¥740.980 million, up ¥7.760 million.」
Total liabilities decreased, while net assets increased by ¥7.760 million from the end of the previous consolidated fiscal year. The negative balance of retained earnings also narrowed from ¥268.954 million to ¥265.107 million. The financial base improved, but the shortfall in the distributable amount remains. - FY2019MitigatedAnnual report
「The group's operating results included net income for 2018 and 2019, two consecutive fiscal years, but because it recorded losses from 2016 through 2017, the distributable amount calculated under Article 461, Paragraph 2 of the Companies Act remains insufficient. Improving earnings power is necessary to resolve this issue.」
The negative balance of retained earnings narrowed after net income was recorded for 2 consecutive fiscal years, but the distributable amount remains insufficient. - FY2019-Q3WorsenedAnnual report
「At the end of the third quarter of the current consolidated fiscal year, total assets were ¥773.842 million, down ¥37.217 million from the end of the previous consolidated fiscal year. Total liabilities were ¥175.920 million, up ¥6.458 million, and net assets were ¥597.922 million, down ¥43.675 million.」
Total liabilities increased from the end of the previous consolidated fiscal year, while net assets fell by ¥43.675 million. The negative balance of retained earnings also widened to ¥400.373 million, and deterioration of the financial base has continued. - FY2019-Q2WorsenedAnnual report
「At the end of the second quarter of the current consolidated fiscal year, total assets were ¥691.012 million, down ¥120.048 million from the end of the previous consolidated fiscal year. Total liabilities were ¥92.122 million, down ¥77.339 million, and net assets were ¥598.889 million, down ¥42.708 million.」
Although total liabilities decreased, net assets fell by ¥42.708 million from the end of the previous consolidated fiscal year, and the negative balance of retained earnings widened from ¥332.073 million to ¥396.558 million. Stabilising the financial base and restoring the distributable amount remain challenges. - FY2019-Q1WorsenedAnnual report
「At the end of the first quarter of the current consolidated fiscal year, total assets were ¥744.289 million, down ¥66.771 million from the end of the previous consolidated fiscal year. Total liabilities were ¥117.413 million, down ¥52.048 million, and net assets were ¥626.875 million, down ¥14.722 million.」
Although total liabilities decreased, net assets fell by ¥14.722 million due to the posting of a quarterly net loss, and the negative balance of retained earnings widened from ¥332.073 million to ¥366.294 million. Stabilising the financial base and restoring the distributable amount remain challenges. - FY2018MitigatedAnnual report
「The Group returned to net profit for the fiscal year ended March 2018, but because it recorded losses from the fiscal year ended March 2016 through the fiscal year ended March 2017, its distributable amount calculated under Article 461, Paragraph 2 of the Companies Act remains insufficient.」
The negative balance of net assets and retained earnings improved as net income recovered, but the distributable amount remains insufficient. - FY2018-Q3WorsenedAnnual report
「At the end of the third quarter of the current consolidated fiscal year, total assets decreased by ¥12,827 thousand from the end of the previous consolidated fiscal year to ¥694,919 thousand. Total liabilities increased by ¥41 thousand to ¥97,774 thousand, while net assets decreased by ¥12,868 thousand to ¥597,144 thousand.」
Total liabilities increased from the end of the previous consolidated fiscal year, while net assets decreased by ¥12,868 thousand. Negative retained earnings also increased to ¥374,680 thousand, and stabilizing the financial base remains an issue. - FY2018-Q2WorsenedAnnual report
「At the end of the second quarter of the current consolidated fiscal year, total assets decreased by ¥33,191 thousand from the end of the previous consolidated fiscal year to ¥674,554 thousand. Total liabilities decreased by ¥18,653 thousand to ¥79,078 thousand, while net assets decreased by ¥14,538 thousand to ¥595,475 thousand.」
Although total liabilities decreased, net assets fell by ¥14,538 thousand from the end of the previous consolidated fiscal year, and negative retained earnings increased from ¥347,491 thousand to ¥369,834 thousand. Cash and cash equivalents increased to ¥244,683 thousand, but stabilizing the financial base remains an issue. - FY2018-Q1WorsenedAnnual report
「At the end of the first quarter of the current consolidated fiscal year, total assets decreased by ¥7,343 thousand from the end of the previous consolidated fiscal year to ¥700,403 thousand. Total liabilities increased by ¥26,673 thousand to ¥124,405 thousand, while net assets decreased by ¥34,016 thousand to ¥575,997 thousand.」
Net assets decreased by ¥34,016 thousand from the end of the previous consolidated fiscal year, while total liabilities increased by ¥26,673 thousand. The financial base continued to deteriorate. - FY2017WorsenedAnnual report
「The Group recorded a net loss attributable to owners of the parent for the consolidated fiscal year, and had no distributable amount calculated under Article 461, Paragraph 2 of the Companies Act. It therefore needs to improve its earning power and stabilize its financial base.」
Net losses continued, and negative retained earnings increased from ¥234,892 thousand in the previous fiscal year to ¥347,491 thousand. Net assets also decreased from ¥716,120 thousand to ¥610,013 thousand, making stabilization of the financial base an ongoing issue. - FY2017-Q3WorsenedAnnual report
「At the end of the third quarter of the current consolidated fiscal year, total assets decreased by ¥122,377 thousand from the end of the previous consolidated fiscal year to ¥698,233 thousand. Total liabilities decreased by ¥8,852 thousand to ¥95,637 thousand, while net assets decreased by ¥113,525 thousand to ¥602,595 thousand.」
Net assets at the end of the third quarter decreased by ¥113,525 thousand from the end of the previous consolidated fiscal year, and the financial base continued to deteriorate. - FY2017-Q2WorsenedAnnual report
「At the end of the second quarter of the current consolidated fiscal year, total assets decreased by ¥102,053 thousand from the end of the previous consolidated fiscal year to ¥718,557 thousand. Total liabilities decreased by ¥9,977 thousand to ¥94,512 thousand, while net assets decreased by ¥92,076 thousand to ¥624,044 thousand.」
Net assets at the quarter-end decreased by ¥92,076 thousand from the end of the previous consolidated fiscal year, indicating continued deterioration of the financial base. Cash and cash equivalents also decreased by ¥47,212 thousand. - FY2017-Q1WorsenedAnnual report
「Total liabilities increased by ¥28,721 thousand from the end of the previous consolidated fiscal year to ¥133,210 thousand, while net assets decreased by ¥39,494 thousand to ¥676,626 thousand.」
Net assets at the quarter-end decreased by ¥39,494 thousand from the end of the previous consolidated fiscal year, while total liabilities increased by ¥28,721 thousand. The deterioration of the financial base has worsened. - FY2016MaterialisedAnnual report
「The Group recorded a net loss attributable to owners of the parent for the consolidated fiscal year, and had no distributable amount calculated under Article 461, Paragraph 2 of the Companies Act. It therefore needs to improve its earning power and stabilize its financial base.」
The company describes the absence of a distributable amount due to the loss for the consolidated fiscal year, and identifies strengthening proposal-based sales capabilities, managing profitability by project, reducing expenses and controlling indirect costs as measures.