Material Uncertainty over Going Concern after 3 Consecutive Years of Operating Losses
First written in FY2022-Q1. 10 of 17 entries say "Restated". Latest entry: 2026-10-13.
The whole theme swung hardest in 2025: 2 of 10 companies on the "Worse" side.
3 other companies' latest entry also says "Mitigated".
- 2026-10-13Mitigatedtopics.smt.docomo.ne.jp
「Operating profit/loss turned positive on a cumulative basis through the third quarter.」
Operating profit/loss turned positive on a cumulative basis through the third quarter, improving the situation of continued operating losses. - 2026-10-13MitigatedOccurring Fact
「The Group recorded operating profit and ordinary profit for the nine-month period ended [current fiscal year], but has not yet achieved stable profit generation. Accordingly, events or circumstances that raise significant doubt about the Group’s ability to continue as a going concern continue to exist.」
Although profitability improved to some extent with the recording of operating and ordinary profit, the Group states that significant doubt about its ability to continue as a going concern remains. - FY2026-H1RestatedAnnual report
「The Group had recorded operating losses and ordinary losses for 5 consecutive fiscal years since the fiscal year ended November 2019. Although it returned to profitability in the fiscal year ended November 2024, it recorded operating losses and ordinary losses in the previous consolidated fiscal year and the current interim consolidated accounting period, has not yet achieved stable profits, and continues to face events or conditions that raise substantial doubt about its ability to continue as a going concern.」
The company continues to describe material events related to the going-concern assumption, citing operating losses and ordinary losses in the previous fiscal year and the current interim consolidated accounting period. - FY2025WorsenedAnnual report
「Although the company returned to profitability in the fiscal year ended November 2024, it recorded an operating loss and an ordinary loss during the current consolidated fiscal year, has not yet achieved stable profits, and continues to face events or conditions that raise substantial doubt about its ability to continue as a going concern.」
After returning to full-year profitability in the previous fiscal year, the company recorded an operating loss of ¥79 million and an ordinary loss of ¥218 million in the current fiscal year, and material events related to the going-concern assumption and material uncertainty continue to exist. - FY2025-H1WorsenedAnnual report
「Although the company returned to profitability in the fiscal year ended November 2024, it recorded an operating loss and an ordinary loss during the current interim consolidated accounting period, has not yet achieved stable profits, and continues to face events or conditions that raise substantial doubt about its ability to continue as a going concern.」
Even after returning to full-year profitability in the previous fiscal year, the company recorded an operating loss and an ordinary loss during the current interim consolidated accounting period, and material events related to the going-concern assumption and material uncertainty continue to exist. - FY2024MitigatedAnnual report
「The Group had recorded operating losses and ordinary losses for 5 consecutive fiscal years through the previous fiscal year since the fiscal year ended November 2019. Although it returned to profitability in the current fiscal year, it has not yet achieved stable profits, and events or conditions continue to exist that raise substantial doubt about the Group's ability to continue as a going concern.」
After recording operating losses and ordinary losses for 5 consecutive fiscal years, the company returned to profitability in the current fiscal year. Although the risk was partially mitigated, stable profits have not been achieved and material uncertainty remains. - FY2024-Q2RestatedAnnual report
「The Group has continued to record operating losses and ordinary losses since the fiscal year ended November 2019. It also recorded an operating loss during the first 6 months of the current consolidated fiscal year. Accordingly, events or conditions continue to exist that raise substantial doubt about the Group's ability to continue as a going concern.」
The company continues to describe conditions raising substantial doubt about its ability to continue as a going concern, citing continuing operating losses and ordinary losses. - FY2024-Q1RestatedAnnual report
「The Group has continued to record operating losses and net losses attributable to owners of the parent since the fiscal year ended November 2019. It also recorded an operating loss and a quarterly net loss attributable to owners of the parent during the first quarter of the current consolidated cumulative period. Accordingly, events or conditions continue to exist that raise substantial doubt about the Group's ability to continue as a going concern.」
The company continues to describe conditions raising substantial doubt about its ability to continue as a going concern as operating losses and other losses continue. Material uncertainty regarding the feasibility of its response measures also remains. - FY2023RestatedAnnual report
「The Group has continued to record operating losses, ordinary losses and net losses attributable to owners of the parent since the fiscal year ended November 2019. Although it returned to profitability in the second half of the current consolidated fiscal year, it recorded an operating loss, an ordinary loss and a net loss attributable to owners of the parent for the full year. Accordingly, events or conditions continue to exist that raise substantial doubt about the Group's ability to continue as a going concern.」
While describing the return to profitability and reduction in losses in the second half, the company states that operating losses and other losses continued for the full year, leaving substantial doubt about its ability to continue as a going concern and material uncertainty. - FY2023-Q3RestatedAnnual report
「The Group also recorded an operating loss, an ordinary loss and a quarterly net loss attributable to owners of the parent during the first 9 months of the current consolidated fiscal year. Accordingly, events or conditions continue to exist that raise substantial doubt about the Group's ability to continue as a going concern.」
The company continues to describe conditions raising substantial doubt about its ability to continue as a going concern as operating losses and other losses continue. Although losses narrowed year on year, the company has not yet returned to profitability, and material uncertainty remains. - FY2023-Q2RestatedAnnual report
「The Group recorded operating losses, ordinary losses and net losses attributable to owners of the parent for 4 consecutive fiscal years beginning with the fiscal year ended November 2019. It also recorded an operating loss, an ordinary loss and a quarterly net loss attributable to owners of the parent during the first 6 months of the current consolidated fiscal year. Accordingly, events or conditions continue to exist that raise substantial doubt about the Group's ability to continue as a going concern.」
The company continues to describe material events related to the going-concern assumption, citing operating losses, ordinary losses and losses attributable to owners of the parent for 4 consecutive fiscal years and losses recorded during the current quarter. It states that material uncertainty exists regarding the feasibility of its response measures. - FY2023-Q1WorsenedAnnual report
「The Group recorded operating losses, ordinary losses and net losses attributable to owners of the parent for 4 consecutive fiscal years beginning with the fiscal year ended November 2019. It also recorded an operating loss, an ordinary loss and a quarterly net loss attributable to owners of the parent during the first quarter of the current consolidated cumulative period. Accordingly, events or conditions continue to exist that raise substantial doubt about the Group's ability to continue as a going concern.」
Operating losses, ordinary losses and losses attributable to owners of the parent continued from 3 consecutive fiscal years to 4 consecutive fiscal years, and the company continues to describe conditions raising substantial doubt about its ability to continue as a going concern. This time, it also stated that material uncertainty exists regarding the feasibility of its response measures. - FY2022-Q3RestatedAnnual report
「For the fiscal year ending November 2022, although orders in the textile machinery business were recovering and expanding, production and sales remained at low levels through the third quarter, and it is expected to take some more time to secure operating cash flow on an ongoing basis. In light of these circumstances, events or conditions continue to exist that raise substantial doubt about the Group's ability to continue as a going concern.」
While describing the recovery and expansion of orders, the company states that production and sales remain at low levels and that conditions raising substantial doubt about its ability to continue as a going concern continue to exist. - FY2022-Q2RestatedAnnual report
「In light of these circumstances, events or conditions continue to exist that raise substantial doubt about the Group's ability to continue as a going concern.」
The company continues to describe material events related to the going-concern assumption, citing 3 consecutive fiscal years of operating losses, COVID-19-related declines in orders and sales, and the time required to secure operating cash flow. Meanwhile, it continues to judge, based on its funding plans and other factors, that no material uncertainty exists. - FY2022-Q1First statedAnnual report
「The Group recorded an operating loss for 3 consecutive fiscal years beginning with the fiscal year ended November 2019. In particular, in the fiscal years ended November 2020 and November 2021, orders and sales declined significantly due to a sharp contraction in demand caused by the global spread of COVID-19, stagnant economic activity in its main markets, and the curtailment of sales activities because of restrictions on overseas travel, forcing it to record substantial operating losses. Although the global economy is expected to move toward recovery in the fiscal year ending November 2022, the impact of the spread of COVID-19 on business activities remains uncertain, and it is expected to take some more time to secure operating cash flow on an ongoing basis. In light of these circumstances, events or conditions continue to exist that raise substantial doubt about the Group's ability to continue as a going concern.」
The company explicitly described conditions raising substantial doubt about its ability to continue as a going concern, citing 3 consecutive fiscal years of operating losses, the impact of COVID-19 on demand and sales activities, and the time required to secure operating cash flow. It also judged that no material uncertainty existed regarding the going-concern assumption, taking into account financing and business measures.