Temporary negative net worth due to increased advertising investment and business expansion
First written in FY2020. 14 of 22 entries say "Mitigated", first in FY2021-Q1. Latest entry: 2026-09-14.
No other company in this theme has enough history to compare yet.
- FY2026-H1MitigatedAnnual report
「Net assets at the end of the interim period increased by ¥438 million from the end of the previous fiscal year to ¥7,048 million. This was mainly due to interim net income attributable to owners of the parent of ¥445 million. As a result, the equity ratio was 67.00%.」
Interim profit increased net assets and the equity ratio from the end of the previous fiscal year, improving the financial base. - FY2025MitigatedAnnual report
「As a result, the equity ratio was 65.07%.」
Profit recognition and debt reduction raised the equity ratio from 55.67% in the previous fiscal year to 65.07%, improving the financial base with respect to the risk of temporary negative net worth. - FY2025-H1MitigatedAnnual report
「Net assets at the end of the interim period increased by ¥584 million from the end of the previous fiscal year to ¥6,709 million. This was mainly due to interim net income attributable to owners of the parent of ¥581 million. As a result, the equity ratio was 61.19%.」
The recognition of interim profit increased net assets, and the equity ratio rose from 55.67% at the end of the previous fiscal year to 61.19%. - FY2024-Q3WorsenedAnnual report
「Net assets at the end of the third quarter decreased by ¥1,452 million from the end of the previous fiscal year to ¥6,156 million. This was mainly due to a quarterly net loss attributable to owners of the parent of ¥1,450 million. As a result, the equity ratio was 55.12%.」
The recognition of a quarterly net loss further reduced net assets and the equity ratio, worsening the financial position from the end of the previous fiscal year. - FY2024-Q2WorsenedAnnual report
「Net assets at the end of the second quarter decreased by ¥1,686 million from the end of the previous fiscal year to ¥5,923 million. This was mainly due to a quarterly net loss attributable to owners of the parent of ¥1,685 million. As a result, the equity ratio was 55.75%.」
The quarterly net loss reduced net assets from ¥7,609 million to ¥5,923 million, and the equity ratio fell from 62.71% to 55.75%. The financial position deteriorated further from the previous quarter. - FY2024-Q1WorsenedAnnual report
「Net assets at the end of the first quarter decreased by ¥36 million from the end of the previous fiscal year to ¥7,573 million. This was mainly due to a quarterly net loss attributable to owners of the parent of ¥35 million. As a result, the equity ratio was 58.7%.」
The quarterly net loss reduced net assets from ¥7,609 million to ¥7,573 million, and the equity ratio fell from 62.7% to 58.7%. - FY2023WorsenedAnnual report
「Net assets at the end of the fiscal year decreased by ¥738.607 million from the end of the previous fiscal year to ¥7,609.413 million. This was mainly due to a ¥733.974 million decrease in retained earnings. As a result, the equity ratio was 62.7%.」
The net loss reduced net assets, and the equity ratio fell from 67.87% to 62.7%. - FY2023-Q3WorsenedAnnual report
「Net assets at the end of the third quarter decreased by ¥165.248 million from the end of the previous fiscal year to ¥8,182.771 million. This was mainly due to a quarterly net loss attributable to owners of the parent of ¥153.280 million. As a result, the equity ratio was 61.70%.」
The quarterly net loss reduced net assets by ¥165.248 million from the end of the previous fiscal year, and the equity ratio fell from 67.87% to 61.70%. - FY2023-Q2WorsenedAnnual report
「Net assets at the end of the second quarter decreased by ¥38.753 million from the end of the previous fiscal year to ¥8,309.267 million. This was mainly due to a quarterly net loss attributable to owners of the parent of ¥26.013 million. As a result, the equity ratio was 60.5%.」
The quarterly net loss reduced net assets and the equity ratio from the end of the previous fiscal year, worsening the financial position. - FY2023-Q1WorsenedAnnual report
「Net assets at the end of the first quarter decreased by ¥194.740 million from the end of the previous fiscal year to ¥8,153.279 million. This was mainly due to a quarterly net loss attributable to owners of the parent of ¥198.039 million.」
Net assets declined due to the quarterly net loss, and the equity ratio fell from 67.87% at the end of the previous fiscal year to 65.31%. However, there was no breach of the financial covenants at the end of the first quarter. - FY2022MitigatedAnnual report
「Net assets at the end of the fiscal year increased by ¥1,444.903 million from the end of the previous fiscal year to ¥8,348.020 million. As a result, the equity ratio was 67.9%.」
Net assets and the equity ratio increased, further improving the financial base with respect to the risk of temporary negative net worth associated with advertising investment and business expansion. - FY2022-Q3MitigatedAnnual report
「Net assets at the end of the third quarter increased by ¥1,239.130 million from the end of the previous fiscal year to ¥8,142.247 million.」
Net assets increased from the end of the previous fiscal year, and the equity ratio was 63.84%, indicating an improved financial base. - FY2022-Q2MitigatedAnnual report
「Net assets at the end of the second quarter increased by ¥1,362.059 million from the end of the previous fiscal year to ¥8,265.176 million.」
Net assets increased by ¥1,362.059 million from the end of the previous fiscal year, and the equity ratio reached 60.37%, indicating continued improvement in the financial base. - FY2022-Q1MitigatedAnnual report
「Net assets at the end of the first quarter increased by ¥1,311.803 million from the end of the previous fiscal year to ¥8,214.920 million. The equity ratio was 52.45%.」
Net assets increased from the end of the previous fiscal year, while the equity ratio remained at 52.45%, indicating the state of the financial base with respect to the risk of temporary negative net worth associated with advertising investment and business expansion. - FY2021MitigatedAnnual report
「Net assets at the end of the fiscal year were ¥6,903.117 million. As a result, the equity ratio was 52.8%.」
The public offering and profit recognition improved the financial base, with the equity ratio rising from 21.17% at the end of the previous fiscal year, demonstrating resilience to the risk of negative net worth. - FY2021-Q3MitigatedAnnual report
「Net assets at the end of the third quarter were ¥6,943.467 million.」
Net assets at the end of the third quarter were ¥6,943.467 million and the equity ratio was 56.06%, indicating the state of the financial base with respect to the risk of temporary negative net worth associated with advertising investment and business expansion. - FY2021-Q1MitigatedAnnual report
「Net assets at the end of the first quarter increased by ¥3,216.941 million from the end of the previous fiscal year to ¥4,666.825 million. This was mainly due to the public offering conducted in connection with the listing on the Mothers market of the Tokyo Stock Exchange, which increased both share capital and capital surplus by ¥1,333.080 million.」
Net assets increased as a result of the public offering, and the equity ratio, a key indicator, also rose from 21.17% at the end of the previous fiscal year to 47.57%, improving the financial risk position on a quantitative basis. - FY2020First statedAnnual report
「As the strengthening of the company’s financial position is not yet sufficient, it may temporarily have negative net worth during the implementation period.」
The company reported an equity ratio of 21.2% and net assets of ¥1,449.883 million at the fiscal year-end, and stated that it would respond by improving profitability and securing retained earnings.