Significant Doubts Regarding the Going Concern Assumption and Plans to Return to Profitability
First written in FY2023-Q2. 6 of 9 entries say "Mitigated", first in FY2023-Q3. Latest entry: 2026-08-14.
The whole theme swung hardest in 2025: 28 of 54 companies on the "Worse" side.
29 other companies' latest entry also says "Mitigated".
- FY2024MitigatedAnnual report
「In the consolidated fiscal year, the company achieved full-year operating profit of ¥75 million through structural reforms, including disciplined investment, the implementation of productivity improvement measures and the absorption merger of its subsidiary 株式会社ワークスタイルラボ conducted in January 2024.」
Although material doubt regarding going concern and a plan to return to profitability had been disclosed through the previous fiscal year, the company achieved full-year operating profitability in the current fiscal year, indicating progress in its operating response. - FY2024-Q3MitigatedAnnual report
「However, the company recorded operating profit in the second quarter of the consolidated accounting period (July 2023 to September 2023), and recorded operating profit, ordinary profit and net income attributable to owners of the parent in the cumulative consolidated period through the third quarter. It is progressing smoothly toward achieving full-year profitability in the current fiscal year.」
While stating that events and conditions that raise significant doubt regarding going concern still existed, the company indicated that it had recorded an operating profit in the second quarter accounting period, operating profit, ordinary profit and net profit in the cumulative period through the third quarter, and progress toward the full-year profitability plan. - FY2024-Q2MitigatedAnnual report
「However, the company recorded operating profit in the second quarter (July 2023 to September 2023) and is progressing smoothly toward achieving full-year profitability in the current fiscal year.」
While stating that events and conditions that raise significant doubt regarding going concern still existed, the company indicated that it had recorded operating profit in the second quarter and that the plan to achieve full-year profitability was progressing smoothly. - FY2024-Q1RestatedAnnual report
「However, the company recorded operating profit in the fourth quarter of the previous fiscal year (January 2023 to March 2023), and is progressing smoothly toward achieving full-year profitability in the current fiscal year, with no changes to the plan.」
Although events and conditions that raise significant doubt regarding going concern still exist, the company reconfirmed that there had been no changes to the plan to record operating profit in the fourth quarter of the previous fiscal year and achieve full-year profitability in the current fiscal year. - FY2023MitigatedAnnual report
「However, operating losses narrowed for 3 consecutive quarters, and the company recorded operating profit in the fourth quarter (January 2023 to March 2023). It also plans to achieve full-year profitability in the next fiscal year, and progress is proceeding smoothly.」
While stating that events and conditions that raise significant doubt regarding going concern remained, the company presented its plans to record operating profit in the fourth quarter and achieve full-year profitability in the following fiscal year, and determined that no material uncertainty existed. - FY2023-Q3MitigatedAnnual report
「However, operating losses have narrowed for 3 consecutive quarters, and the plan to record operating profit in the fourth quarter (January 2023 to March 2023) and achieve full-year profitability in the next fiscal year is progressing smoothly and remains unchanged. As described in “(6) Measures to Resolve Material Events, etc. Described in 2. Analysis of Financial Position, Operating Results and Cash Flows by Management” under “Business Risks,” the Group is implementing measures to resolve these material events and has determined that no material uncertainty regarding going concern exists.」
Although events and conditions that raise significant doubt regarding going concern still exist, the company explained that operating losses had narrowed for 3 consecutive quarters and that measures to record operating profit in the fourth quarter and achieve full-year profitability in the following fiscal year were progressing smoothly. - FY2023-Q2First statedAnnual report
「The Group recorded an operating loss, an ordinary loss and a net loss attributable to owners of the parent in the previous consolidated fiscal year, and also recorded an operating loss in the cumulative consolidated period through the second quarter of the current fiscal year. Consequently, events or conditions that raise significant doubt regarding the going-concern assumption exist at this time.」
Against the backdrop of operating losses and other factors in the previous consolidated fiscal year and the cumulative consolidated period through the second quarter of the current fiscal year, the company stated for the first time that events and conditions existed that raised significant doubt regarding going concern. Meanwhile, it planned to record operating profit in the fourth quarter and achieve full-year profitability in the next fiscal year, and determined that no material uncertainty existed.