Stabilizing the Financial Base
First written in FY2022. 8 of 11 entries say "Restated". Latest entry: 2026-07-30.
0 other companies' latest entry also says "Restated".
- 2026-07-30RestatedEarnings
「We will strengthen the management foundation of our Group by reliably implementing the measures described above. However, as it remains unclear when the effects of higher raw material prices on procurement and production costs and the effects of geopolitical risks will be resolved, uncertainty remains regarding the extent and duration of their impact on future net sales and operating cash flow.」
The Company continues to pursue policies to strengthen its management foundation through improved profitability, reductions in SG&A expenses, greater R&D efficiency and capital policy measures, but states that these measures remain in progress. - FY2026Improvement in operating cash flow alongside widening lossesAnnual report
「Funds used in operating activities amounted to ¥429 million, compared with a decrease of ¥765 million in the previous consolidated fiscal year.」
Although the operating cash flow deficit narrowed and the cash balance increased, the operating loss widened to ¥877 million and the net loss for the period widened to ¥1,454 million. Stabilization of the financial base is described as still under implementation. - FY2026-H1AdvancedAnnual report
「Funds used in operating activities amounted to ¥31 million, compared with a decrease of ¥402 million in the same period of the previous year.」
The operating cash flow deficit narrowed from ¥402 million in the same period of the previous year to ¥31 million, indicating progress in stabilizing the financial base. In addition, cash and cash equivalents increased by ¥483 million from the end of the previous fiscal year as a result of fundraising. However, significant uncertainty regarding the going-concern assumption remains. - FY2025RestatedAnnual report
「The company will strengthen the operating base of the group through the reliable implementation of the measures described above. However, the timing of the resolution of soaring raw material prices, geopolitical risks and the effects of US trade policy remains unclear, creating uncertainty regarding the extent and duration of their impact on future sales and operating cash flow.」
The company continues to pursue a policy of stabilizing its operating base by combining improved profitability through Xscend®, reductions in selling, general and administrative expenses, more efficient research and development spending, and fundraising. The measures are described as still under implementation. - FY2025-H1RestatedAnnual report
「The company will strengthen the operating base of the group through the reliable implementation of the measures described above. However, the timing of the resolution of soaring raw material prices and the effects of geopolitical risks remains unclear, creating uncertainty regarding the extent and duration of their impact on future sales and operating cash flow.」
The company continues to pursue a policy of stabilizing its operating base by combining improved profitability through Xscend®, reductions in selling, general and administrative expenses, more efficient research and development spending, and consideration of new fundraising. The measures are described as still under implementation. - FY2024-Q3RestatedAnnual report
「We will improve R&D efficiency by reducing outsourcing costs through in-house production and reviewing our outsourcing partners.」
To stabilize its financial base, the company continues to pursue cost reduction measures by bringing research and development activities in-house and reviewing its outsourcing providers. - FY2024-Q2RestatedAnnual report
「We will improve R&D efficiency by reducing outsourcing costs through in-house production and reviewing our outsourcing partners.」
To stabilize its financial base, the company continues to pursue measures to bring research and development activities in-house by reassessing resource allocation within the research and development division and reviewing its outsourcing providers. - FY2024-Q1RestatedAnnual report
「Specifically, the company will seek to reduce personnel expenses by reassessing the allocation of internal resources. It will also seek to reduce transportation expenses by selecting the optimal transportation methods and timing and reviewing its transportation providers. In addition, it will define the optimal office space through the promotion of remote work and consider reducing rent.」
To stabilize its financial base, the company continues to pursue measures combining reductions in personnel expenses, transportation expenses and rent, more efficient research and development spending, and fundraising. The measures are described as still under implementation. - FY2023RestatedAnnual report
「Specifically, the company will seek to reduce personnel expenses by reassessing the allocation of internal resources. It will also seek to reduce transportation expenses by selecting the optimal transportation methods and timing and reviewing its transportation providers. In addition, it will define the optimal office space through the promotion of remote work and consider reducing rent.」
To stabilize its financial base, the company continues to pursue measures combining reductions in personnel expenses, transportation expenses and rent, more efficient research and development spending, and fundraising. - FY2023-Q2RestatedAnnual report
「Specifically, the company will seek to reduce personnel expenses by reassessing the allocation of internal resources. It will also seek to reduce transportation expenses by selecting the optimal transportation methods and timing and reviewing its transportation providers. In addition, it will define the optimal office space through the promotion of remote work and consider reducing rent. As for the timing of implementation, some measures, including reductions in executive compensation, have already been implemented. Going forward, the company will implement measures that can be taken as soon as practicable and aims to reduce expenses by approximately ¥100 million annually.」
To stabilize its financial base, the company continues to pursue a policy of reducing personnel expenses, transportation expenses and rent, either through measures already implemented or under consideration, with the aim of reducing selling, general and administrative expenses by approximately ¥100 million annually. It has also reiterated its annual target of reducing research and development expenses by approximately ¥40 million. - FY2022First statedAnnual report
「Going forward, we will implement reductions in areas where savings are possible as quickly as practicable, aiming to reduce expenses by approximately ¥100 million annually.」
The company considers its financial base unstable because of continuing operating losses and negative cash flow. It is therefore seeking to stabilize its financial base through a combination of improving profitability, reducing selling, general and administrative expenses, improving the efficiency of research and development spending, and raising funds through Series 15 subscription rights. It has set annual reduction targets of approximately ¥100 million for selling, general and administrative expenses and approximately ¥40 million for research and development expenses.