Performance uncertainty stemming from short operating histories and losses in prior fiscal years
First written in FY2022. 4 of 8 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2025: 1 of 7 companies on the "Worse" side.
8 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「We were established in August 2015 and have a short operating history. We recognize that we are currently in a growth phase, and further investment for growth will be necessary, which may temporarily cause earnings to deteriorate.」
Re-discloses the short operating history, temporary earnings deterioration from growth investment and the possibility that future judgments may be insufficient if based solely on historical results. - FY2026-H1DroppedAnnual report
「Not applicable.」
The business and other risks section of the interim report contains no specific disclosure of performance uncertainty due to a short operating history and losses in prior years. The disappearance of the risk itself is not asserted. - FY2025RestatedAnnual report
「We were established in August 2015 and have a short operating history. We recognize that we are currently in a growth phase, and further investment for growth will be necessary, which may temporarily cause earnings to deteriorate.」
Re-discloses the short operating history, temporary earnings deterioration from growth investment and the possibility that future judgments may be insufficient if based solely on historical results. - FY2025-H1DroppedAnnual report
「Not applicable.」
The business and other risks section of the interim report contains no specific disclosure of performance uncertainty due to a short operating history and losses in prior years. The disappearance of the risk itself is not asserted. - FY2024RestatedAnnual report
「We were established in August 2015 and have a short operating history. We recognize that we are currently in a growth phase, and further investment for growth will be necessary, which may temporarily cause earnings to deteriorate.」
Reiterates the short operating history, temporary earnings deterioration from growth investment and the possibility that future judgments may be insufficient if based solely on historical results. - FY2024-Q1DroppedAnnual report
「Not applicable.」
The business and other risks section of the quarterly report states, “There are no applicable matters,” and contains no specific disclosure of performance uncertainty due to a short operating history and losses in prior years. - FY2023RestatedAnnual report
「We were established in August 2015 and have a short operating history. We recognize that we are currently in a growth phase, and further investment for growth will be necessary, which may temporarily cause earnings to deteriorate.」
Continues to disclose the short operating history, temporary earnings deterioration from growth investment and the possibility that future judgments may be insufficient if based solely on historical results. - FY2022First statedAnnual report
「Prior to the sixth fiscal year, the Company recorded operating losses and negative cash flow from operating activities, partly because the business was in its launch phase.」
Shows past operating losses and negative operating cash flow as historical results and discloses the possibility that earnings may temporarily deteriorate due to growth investment.