Short Operating History and Insufficient Data for Analyzing Historical Results
First written in FY2023. 5 of 6 entries say "Restated". Latest entry: FY2026-H1.
The whole theme swung hardest in 2025: 1 of 9 companies on the "Worse" side.
23 other companies' latest entry also says "Restated".
- FY2026-H1RestatedAnnual report
「During the current interim accounting period, there were no material changes in the occurrence of principal risks that management recognizes as potentially having a material impact on our financial position, operating results or cash flows, among the matters concerning the business and accounting described in this interim securities report, or in the business and other risks described in the annual securities report for the previous fiscal year.」
States that there was no material change in the risk associated with the short operating history and insufficient basis for analyzing prior-year results. - FY2025-H1RestatedAnnual report
「During the current interim accounting period, there were no material changes in the occurrence of principal risks that management recognizes as potentially having a material impact on our financial position, operating results or cash flows, among the matters concerning the business and accounting described in this interim securities report, or in the business and other risks described in the annual securities report for the previous fiscal year.」
States that there was no material change in the risk associated with the short operating history and insufficient basis for analyzing prior-year results. - FY2024RestatedAnnual report
「We are a young company established in July 2018.」
Reiterates the short operating history and the insufficient basis for comparing prior-year results and forecasting future performance due to the fiscal-year change and business transfer. - FY2024-Q2RestatedAnnual report
「During the cumulative second quarter, there were no new business or other risks and no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
States that there was no material change in the risk associated with the short operating history and insufficient basis for analyzing prior-year results. - FY2024-Q1RestatedAnnual report
「During the cumulative first quarter, there were no new business or other risks and no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
States that there was no material change in the risk associated with the short operating history and insufficient basis for analyzing prior-year results. - FY2023First statedAnnual report
「We are a young company established in July 2018. Because we have changed our fiscal year-end and substantially changed our organizational structure through a business transfer, our historical operating results may not provide sufficient analytical information for comparing performance across periods and may therefore be insufficient as a basis for forecasting future results.」
Discloses the possibility that historical results and the basis for forecasting future performance may be insufficient because the company was established in 2018, changed its fiscal year-end and changed its organization through a business transfer.