Negative Net Assets and Decline in the Equity Ratio
First written in FY2022-Q3. 9 of 17 entries say "Mitigated", first in FY2023-Q2. Latest entry: FY2026.
1 other company's latest entry also says "Other".
- FY2026Net assets remained positive but decreasedAnnual report
「Total net assets at the end of the consolidated fiscal year increased by ¥167.559 million from the end of the previous consolidated fiscal year to ¥787.236 million.」
Net assets increased from ¥619.677 million at the end of the previous fiscal year to ¥787.236 million, maintaining a positive balance after the elimination of negative net worth. However, cash and cash equivalents declined substantially, and the equity ratio was 31.3%. - FY2026-H1MitigatedAnnual report
「Net assets at the end of the current interim consolidated fiscal period were ¥976.132 million, an increase of ¥356.455 million from the end of the previous consolidated fiscal year.」
Net assets increased from ¥619.677 million at the end of the previous fiscal year to ¥976.132 million, and the equity ratio was 37.1%. Positive net assets have been maintained since the capital deficit was eliminated. - FY2025WorsenedAnnual report
「The Group's net assets at the end of the current consolidated fiscal year were ¥619.677 million, a decrease of ¥770.008 million from the end of the previous consolidated fiscal year.」
Net assets decreased from ¥1,389.686 million at the end of the previous fiscal year to ¥619.677 million, while the equity ratio declined from 38.6% to 15.8%. Although the company remains free of a capital deficit, its financial base weakened due to the net loss for the period. - FY2025-H1RestatedAnnual report
「Net assets at the end of the current interim consolidated fiscal period were ¥2,155.466 million, a decrease of ¥34.651 million from the end of the previous consolidated fiscal year.」
Although net assets decreased by ¥34.651 million from the end of the previous consolidated fiscal year, they remained positive at ¥2,155.466 million, and the equity ratio was 58.8%. The capital deficit has not recurred. - FY2024MitigatedAnnual report
「Net assets at the end of the current consolidated fiscal year were ¥2,190.117 million, an increase of ¥3,242.498 million from the end of the previous consolidated fiscal year.」
As a result of a third-party allotment and other measures, net assets moved from a capital deficit of ¥1,052.380 million at the end of the previous fiscal year to a positive ¥2,190.117 million. Although the capital deficit has been eliminated, the net loss for the period continues. - FY2024-Q4MitigatedAnnual report
「As a result of implementing the measures described above, the capital deficit has been eliminated as of the present time, and significant concerns regarding cash flow have also been resolved.」
As a result of a third-party allotment and other measures, net assets moved from a capital deficit of ¥1,052.380 million at the end of the previous consolidated fiscal year to a positive ¥2,290.103 million, and the capital deficit was reported to have been eliminated. - FY2024-Q3MitigatedAnnual report
「As a result of implementing the measures described above, the capital deficit has been eliminated as of the present time, and significant concerns regarding cash flow have also been resolved.」
As a result of a third-party allotment and other measures, net assets amounted to ¥2,327.485 million, moving into positive territory from a capital deficit of ¥1,052.380 million at the end of the previous fiscal year. Although the capital deficit has been eliminated, circumstances related to the going concern assumption continue to exist due to operating losses and other factors. - FY2024-Q1MitigatedAnnual report
「As of the end of the first quarter of the current consolidated fiscal year, net assets represented a capital deficit of ¥731.950 million.」
The capital deficit narrowed by ¥320.430 million, from ¥1,052.380 million at the end of the previous fiscal year to ¥731.950 million. Although the position improved through a capital increase, the company remains in a state of capital deficit, and a material uncertainty related to the going concern assumption continues. - FY2023WorsenedAnnual report
「As of the end of the current consolidated fiscal year, the balance of interest-bearing debt of the Group was ¥2,299.000 million, while net assets represented a substantial capital deficit of ¥1,052.380 million.」
The capital deficit increased from ¥878.998 million at the end of the third quarter to ¥1,052.380 million at the fiscal year-end. The equity ratio was also -59.2%, reversing from the narrowing trend through the previous quarter and deteriorating. - FY2023-Q3MitigatedAnnual report
「As of the end of the third quarter of the current consolidated fiscal year, net assets represented a capital deficit of ¥878.998 million.」
The capital deficit narrowed from ¥1,269.028 million, as reported in the previous quarterly report, to ¥878.998 million. However, the company remains in a state of capital deficit, and a material uncertainty related to the going concern assumption has been identified. - FY2023-Q2MitigatedAnnual report
「As of the end of the second quarter of the current consolidated fiscal year, net assets represented a capital deficit of ¥1,269.028 million.」
The capital deficit narrowed from ¥1,333.166 million, as reported in the previous quarterly report, to ¥1,269.028 million. However, the company remains in a state of substantial capital deficit with a negative equity ratio. - FY2023-Q1WorsenedAnnual report
「Net assets at the end of the current first quarter of the fiscal year were negative ¥1,333.166 million.」
Net assets deteriorated from a capital deficit of ¥1,021.901 million at the end of the previous fiscal year to a capital deficit of ¥1,333.166 million, while the equity ratio declined from -28.7% to -38.6%. - FY2022WorsenedAnnual report
「The balance of interest-bearing debt held by our group at the end of the current consolidated fiscal year was ¥3,800 million, while net assets were negative ¥1,021.901 million, leaving the group with a substantial excess of liabilities over assets.」
The excess of liabilities over assets expanded from negative net assets of ¥38.2 million at FY2022-Q3 to negative ¥1,021.901 million at the fiscal year-end, and the equity ratio fell to negative 28.7%. - FY2022-Q3First statedAnnual report
「Net assets at the end of the current third quarter of the fiscal year were negative ¥38.2 million, a decrease of ¥146.272 million from the end of the previous consolidated fiscal year.」
Net assets declined from ¥108.071 million at the end of the previous consolidated fiscal year to negative ¥38.2 million, while the equity ratio fell from 1.9% to negative 1.5%.