Significant Doubt Regarding the Going Concern Assumption Due to Losses Reported for 3 Consecutive Periods
First written in FY2023. 2 of 9 entries say "Worsened", first in FY2024-Q1. Latest entry: 2026-08-07.
The whole theme swung hardest in 2025: 26 of 48 companies on the "Worse" side.
6 other companies' latest entry also says "Achieved".
- FY2025MitigatedAnnual report
「As a result, the Company reported an operating profit of ¥77 million, ordinary profit of ¥84 million and net profit attributable to owners of the parent of ¥57 million for the current consolidated fiscal year, and determined that, as of the end of the fiscal year, the events or conditions raising substantial doubt about the going-concern assumption had been resolved.」
As a result of pursuing price pass-through, fixed-cost reductions and improved cost-control precision, the Company reported operating profit, ordinary profit and net profit, and determined that the events or conditions raising substantial doubt about the going-concern assumption had been resolved. - FY2025-H1MitigatedAnnual report
「Although the Company reported an operating profit for the current interim consolidated accounting period, it remains on the way to a full-scale recovery in business performance, and events or conditions that raise substantial doubt about the going-concern assumption exist.」
Following 4 consecutive periods of operating losses and other losses, substantial doubt continues to exist, but the Company returned to operating profitability in the interim period. It stated that business performance was recovering steadily through price pass-through, fixed-cost reductions and cost control, and that it expected to report an operating profit for the full year. - FY2024Losses for 4 consecutive periods, but a return to profitability in the fourth quarter and an expected return to profitability next fiscal yearAnnual report
「As a result, the Company reported operating losses, ordinary losses and net losses attributable to owners of the parent for 4 consecutive periods, and because it has not yet achieved a full-scale recovery in business performance, events or conditions that raise substantial doubt about the going-concern assumption exist.」
The events raising substantial doubt continued and expanded from 3 consecutive periods of losses to 4. At the same time, the Company disclosed a return to operating profitability in the fourth quarter, a reduction in the full-year operating loss, an expected return to operating profitability next fiscal year, and sufficient financing capacity. - FY2024-Q3RestatedAnnual report
「As a result, the Company reported operating losses, ordinary losses and net losses for 3 consecutive periods through the previous consolidated fiscal year, and also reported an operating loss of ¥110 million in the cumulative third quarter of the current consolidated fiscal year. Because it has not yet achieved a full-scale recovery in business performance, events or conditions that raise substantial doubt about the going-concern assumption exist.」
Following losses for 3 consecutive periods, the Company also reported an operating loss of ¥110 million in the cumulative third quarter, and events or conditions raising substantial doubt about the going-concern assumption continued to exist. At the same time, the Company stated that it had no material concerns regarding fixed-cost reductions, expected growth in orders, financing capacity or cash-flow management. - FY2024-Q2WorsenedAnnual report
「As a result, the Company reported operating losses, ordinary losses and net losses for 3 consecutive periods through the previous consolidated fiscal year, and also reported an operating loss of ¥111 million in the cumulative second quarter of the current consolidated fiscal year. Because it has not yet achieved a full-scale recovery in business performance, events or conditions that raise substantial doubt about the going-concern assumption exist.」
Following losses for 3 consecutive periods, the Company also reported an operating loss of ¥111 million in the cumulative second quarter, and events or conditions raising substantial doubt about the going-concern assumption continued to exist. At the same time, the Company stated that it had no material concerns regarding fixed-cost reductions, expected growth in orders, additional financing capacity or cash-flow management. - FY2024-Q1WorsenedAnnual report
「As a result, the Company reported operating losses, ordinary losses and net losses for 3 consecutive periods through the previous consolidated fiscal year, and also reported an operating loss of ¥48 million in the cumulative first quarter of the current consolidated fiscal year. Because it has not yet achieved a full-scale recovery in business performance, events or conditions that raise substantial doubt about the going-concern assumption exist.」
Following losses for 3 consecutive periods, the Company also reported an operating loss of ¥48 million in the first quarter, and the lack of a full-scale recovery in business performance continued. The Company stated that events or conditions raising substantial doubt about the going-concern assumption continued to exist, while also citing measures such as fixed-cost reductions, expected growth in orders and financing capacity. - FY2023First statedAnnual report
「As a result, the Company reported operating losses, ordinary losses and net losses for 3 consecutive periods, and because it has not yet achieved a full-scale recovery in business performance, events or conditions that raise substantial doubt about the going-concern assumption exist.」
Operating losses, ordinary losses and net losses continued for 3 consecutive periods, and events or conditions that raise substantial doubt about the going-concern assumption were disclosed for the first time as an independent risk. At the same time, the Company determined that no material uncertainty existed in light of its financing capacity and other factors.