Circumstances giving rise to significant doubt regarding the going concern assumption
First written in FY2020. 7 of 16 entries say "Mitigated", first in FY2022-Q1. Latest entry: 2026-08-14.
The whole theme swung hardest in 2025: 2 of 11 companies on the "Worse" side.
5 other companies' latest entry also says "Mitigated".
- 2026-08-14MitigatedEarningsSuggests it is closing out
「(Notes on the going concern assumption) Not applicable.」
The company discloses that there are no matters giving rise to significant doubt regarding the going concern assumption. - FY2026MitigatedAnnual report
「The company returned to operating profitability for the first time in 2 fiscal years because the dissolution of KMT Hepatech, Inc., its overseas production facility, improved its breakeven point.」
The company has disclosed the improvement in its breakeven point resulting from the dissolution of KMT Hepatech, Inc. and its return to full-year operating profitability, indicating an operating improvement addressing past going-concern concerns. - 2026-05-15MitigatedRevision of earnings forecastsSuggests it is closing out
「Not applicable.」
The company states that there are no applicable matters in the note on the going concern assumption, indicating that no matters raising significant doubt have been identified. - FY2024-Q3MitigatedAnnual report
「In response to these circumstances, the Group raised ¥500 million through bank borrowings in consideration of its liquidity position, secured sufficient business funds, and redeemed the convertible bonds with share acquisition rights at maturity on schedule. In terms of operating performance, mouse sales in the safety and other fields, which are growth areas, increased, and as overseas sales grew, the Group recorded operating profit of ¥508.448 million in the previous fiscal year and ¥30.718 million for the cumulative third-quarter period of the current fiscal year. Based on these circumstances, the Group determined that, as of the end of the third-quarter consolidated accounting period, the events or circumstances giving rise to significant doubt about the going-concern assumption had been resolved.」
The company has determined that the events and circumstances giving rise to significant doubt about the going-concern assumption have been resolved following funding through bank borrowings, redemption of the bonds at maturity, increased mouse sales in the safety and other fields, and the recording of operating profit. - FY2024-Q2WorsenedAnnual report
「Although the Group recorded operating profit in the previous fiscal year, it recorded an operating loss for the cumulative second-quarter period of the current fiscal year. In addition, because it recorded operating losses for 5 consecutive years through the fiscal year ended March 2022 and ¥875 million of convertible bonds with share acquisition rights mature in December 2023, events or circumstances exist that raise significant doubt about the going-concern assumption.」
The company returned from operating profitability in the previous fiscal year to an operating loss for the cumulative second-quarter period, and has reconfirmed the material event relating to the going-concern assumption, citing 5 consecutive years of operating losses through the fiscal year ended March 2022 and the maturity of ¥875 million of bonds. It has maintained its determination that no material uncertainty exists. - FY2023WorsenedAnnual report
「Although the Group recorded operating losses for 5 consecutive years through the previous fiscal year, it returned to profitability in the current fiscal year. However, because ¥875 million of convertible bonds with share acquisition rights mature in December 2023 and the Group had continued to record operating losses through the previous fiscal year, events or circumstances exist that raise significant doubt about the going-concern assumption.」
While disclosing the return to operating profitability for the first time in 6 years, the company has again explicitly identified a material event due to the ¥875 million bond redemption and consecutive operating losses in prior fiscal years. It has also stated that there are no significant concerns regarding liquidity and that no material uncertainty exists. - FY2023-Q3MitigatedAnnual report
「Based on the foregoing, the company has determined that no material uncertainty exists regarding the going-concern assumption and has not included a note to that effect in the quarterly consolidated financial statements.」
Based on the company’s recording operating profit for the cumulative third-quarter period and securing funds for the immediate future with ¥1,574.133 million in cash and deposits, it has stated that no material uncertainty exists regarding the going-concern assumption. The continued operating losses through the previous fiscal year are also disclosed. - FY2023-Q2RestatedAnnual report
「Although the Group recorded operating profit for the cumulative second-quarter period, it had continued to record operating losses through the previous fiscal year, and circumstances exist that raise significant doubt about the going-concern assumption.」
Although the company recorded operating profit for the cumulative second-quarter period, it has reconfirmed that operating losses continued through the previous fiscal year. Its policy of improving profitability through North American business expansion, establishment of a production structure, expansion of applications, and a shift toward product sales also remains in place. - FY2023-Q1RestatedAnnual report
「Although the Group recorded operating profit for the cumulative first-quarter period, it had continued to record operating losses through the previous fiscal year, and circumstances exist that raise significant doubt about the going-concern assumption.」
Although the company recorded operating profit in the quarter, it has reconfirmed that operating losses continued through the previous fiscal year. Its policy of improving profitability through North American business expansion, establishment of a production structure, expansion of applications, and a shift toward product sales also remains in place. - FY2022MitigatedAnnual report
「The Group has continued to record operating losses, and circumstances exist that raise significant doubt about the going-concern assumption.」
Although operating losses have continued, operating activities generated ¥16.398 million in cash, and the company holds ¥1,325.507 million in cash and deposits at fiscal year-end. It has determined that there are no significant concerns regarding liquidity for the immediate future. - FY2022-Q2WorsenedAnnual report
「The Group has continued to record operating losses and negative operating cash flow, and circumstances exist that raise significant doubt about the going-concern assumption.」
Although the company recorded operating profit in the first quarter, it recorded an operating loss of ¥133.200 million and operating cash outflow of ¥10.706 million for the cumulative second-quarter period, reconfirming the continued operating losses and negative operating cash flow. It holds ¥1,299.022 million in cash and deposits and has maintained its determination that no material uncertainty exists. - FY2022-Q1MitigatedAnnual report
「Although the Group recorded operating profit for the cumulative first-quarter period, it had continued to record operating losses and negative operating cash flow through the previous fiscal year, and circumstances exist that raise significant doubt about the going-concern assumption.」
Although the circumstances arising from operating losses and negative operating cash flow through the previous fiscal year remain, the company recorded operating profit in the first quarter and holds ¥1,212.196 million in cash and deposits, securing funds for the immediate future. It has therefore determined that no material uncertainty exists. - FY2021RestatedAnnual report
「The Group has continued to record operating losses and negative operating cash flow, and circumstances exist that raise significant doubt about the going-concern assumption.」
The company has reconfirmed for the full fiscal year the continued operating losses and negative operating cash flow. Based on cash and deposits of ¥1,327.813 million at fiscal year-end and other factors, it has determined that no material uncertainty exists regarding the going-concern assumption. - FY2021-Q2RestatedAnnual report
「The Group has continued to record operating losses and negative operating cash flow, and circumstances exist that raise significant doubt about the going-concern assumption.」
The company has reconfirmed the continued operating losses and negative operating cash flow and the circumstances giving rise to significant doubt about the going-concern assumption. Its response policy of expanding its North American business, establishing a production structure, expanding applications, shifting toward product sales, and raising funds also remains in place. - FY2021-Q1RestatedAnnual report
「The Group has continued to record operating losses and negative operating cash flow, and circumstances exist that raise significant doubt about the going-concern assumption. To address these circumstances, the Group is working to expand its business in overseas markets, particularly North America, establish a production structure, and improve profitability.」
The company has reconfirmed the continued operating losses and negative operating cash flow, and outlined measures to improve profitability by expanding overseas markets, particularly North America, establishing a production structure, and expanding applications. It has also maintained its determination that no material uncertainty exists, based on funding and other factors. - FY2020First statedAnnual report
「The Group has continued to record operating losses and negative operating cash flow, and circumstances exist that raise significant doubt about the going-concern assumption.」
The company has separately disclosed for the first time the continued operating losses and negative operating cash flow as circumstances giving rise to significant doubt about the going-concern assumption. At the same time, it has determined that no material uncertainty exists, based on funding and the expansion of its overseas business, among other factors.