Recurring Operating and Net Losses and Going-Concern Risk
First written in FY2022-Q3. 6 of 15 entries say "Worsened", first in FY2022. Latest entry: 2026-03-12.
TRaaS On Product moved to the "Worse" side of this theme in 2026, 6 years after the typical company in this theme (2020).
The whole theme swung hardest in 2020: 30 of 71 companies on the "Worse" side.
23 other companies' latest entry also says "Worsened".
- FY2025MitigatedAnnual report
「Operating profit was ¥5.269 million, compared with a loss of ¥69.638 million in the same period of the previous year; ordinary profit was ¥6.919 million, compared with a loss of ¥76.376 million; and net profit was ¥2.346 million, compared with a loss of ¥85.810 million.」
The Company recorded operating profit, ordinary profit and net profit in the fiscal year, compared with operating, ordinary and net losses in the previous fiscal year. The material events concerning going concern reported through the previous fiscal year could not be confirmed in this filing. - FY2025-H1MitigatedAnnual report
「During the interim accounting period, the Company recorded an operating loss of ¥18.235 million, an ordinary loss of ¥18.129 million and an interim net loss of ¥20.424 million, and recognized that events or conditions exist that raise significant doubt about the going-concern assumption." From a financial perspective, the Company held cash and deposits of ¥295.710 million as of the end of the interim accounting period. After considering its cash position for the 12 months from the following day, it had secured sufficient funds for the time being and had no material concern regarding its cash position." Accordingly, the Company determined that no material uncertainty exists regarding the going-concern assumption.」
Although operating losses and other losses continued, the Company determined, based on cash and deposits of ¥295.710 million and its cash position over 12 months, that it has no material concern regarding its cash position and that no material uncertainty exists regarding the going-concern assumption. - FY2025-Q1MitigatedAnnual report
「From a financial perspective, the Company held cash and deposits of ¥323.338 million as of the end of the cumulative first quarter. After considering its cash position for the 12 months from the day after the end of the cumulative first quarter, it has secured sufficient funds for the time being and has no material concern regarding its cash position. Accordingly, the Company has determined that no material uncertainty exists regarding the going-concern assumption.」
While recognizing material events concerning going concern, the Company determined, based on cash and deposits of ¥323.338 million and its cash position over 12 months, that it has no material concern regarding its cash position and that no material uncertainty exists regarding the going-concern assumption. - FY2024MitigatedAnnual report
「During the fiscal year, the Company recorded an operating loss of ¥69.638 million, an ordinary loss of ¥76.376 million and a net loss of ¥85.810 million, and recognized that events or conditions exist that raise significant doubt about the going-concern assumption." As a result, the Company recorded quarterly operating profit in the fourth quarter of the fiscal year." The Company has determined that no material uncertainty exists regarding the going-concern assumption.」
Although operating losses and other losses remained for the full year and the Company recognized material events concerning going concern, it recorded operating profit in the fourth quarter and determined that no material uncertainty exists regarding the going-concern assumption. - FY2024-Q3WorsenedAnnual report
「During the cumulative third quarter, the Company recorded an operating loss of ¥75.462 million, an ordinary loss of ¥82.327 million and a quarterly net loss of ¥82.341 million, and recognized that events or conditions exist that raise significant doubt about the going-concern assumption.」
Material events concerning going concern continued, and the Company recorded an operating loss of ¥75.462 million, an ordinary loss of ¥82.327 million and a quarterly net loss of ¥82.341 million. The loss margins also widened from the operating loss of ¥31.756 million and other losses in the same quarter of the previous year. - FY2024-Q2WorsenedAnnual report
「During the cumulative second quarter, the Company recorded an operating loss of ¥58.564 million, an ordinary loss of ¥65.240 million and a quarterly net loss of ¥65.181 million, and recognized that events or conditions exist that raise significant doubt about the going-concern assumption.」
As material events concerning going concern continue, the Company recorded an operating loss of ¥58.564 million, an ordinary loss of ¥65.240 million and a quarterly net loss of ¥65.181 million, with the loss margins widening from the same period of the previous year. - FY2024-Q1WorsenedAnnual report
「During the cumulative first quarter, the Company recorded an operating loss of ¥19.095 million, an ordinary loss of ¥20.827 million and a quarterly net loss of ¥20.700 million, resulting in continuing operating losses, and recognized that events or conditions exist that raise significant doubt about the going-concern assumption.」
Although the Company had reported a return to positive operating cash flow and determined that no material uncertainty existed for the previous full fiscal year, it recorded an operating loss of ¥19.095 million and other losses in the current quarter, and again stated that events or conditions exist that raise significant doubt about the going-concern assumption. - FY2023MitigatedAnnual report
「During the fiscal year, the Company recorded an operating loss of ¥6.467 million, an ordinary loss of ¥15.100 million and a net loss of ¥16.801 million, resulting in continuing operating losses, and recognized that events or conditions exist that raise significant doubt about the going-concern assumption." As a result, the Company recorded quarterly operating profit in the first and fourth quarters of the fiscal year, and operating cash flow turned positive for the cumulative fiscal year." The Company has determined that no material uncertainty exists regarding the going-concern assumption.」
Although an operating loss remained for the full year, the loss narrowed substantially and operating cash flow turned positive at ¥18.134 million. The Company also determined that no material uncertainty exists. - FY2023-Q3Continuing losses and narrower losses year on yearAnnual report
「During the cumulative third quarter, the Company recorded an operating loss of ¥31.756 million, an ordinary loss of ¥40.252 million and a quarterly net loss of ¥41.779 million, resulting in continuing operating losses and negative operating cash flow. In addition, because the spread of COVID-19 has had a substantial impact on the Company's business and other operations to date, events or conditions exist that raise significant doubt about the going-concern assumption.」
While continuing operating losses and other issues and material events concerning going concern remain, the operating loss narrowed from ¥277.513 million in the same quarter of the previous year to ¥31.756 million, and the quarterly net loss narrowed from ¥414.895 million to ¥41.779 million. - FY2023-Q2Continuing losses but narrower loss marginsAnnual report
「During the cumulative second quarter, the Company recorded an operating loss of ¥8.373 million, an ordinary loss of ¥15.798 million and a quarterly net loss of ¥16.567 million, resulting in continuing operating losses. In addition, because the spread of COVID-19 has had a substantial impact on the Company's business and other operations to date, events or conditions exist that raise significant doubt about the going-concern assumption.」
While the material events concerning going concern continue, the operating loss narrowed from ¥196.489 million in the same period of the previous year to ¥8.373 million in the current cumulative quarter. - FY2023-Q1MitigatedAnnual report
「During the cumulative first quarter, the Company recorded operating profit of ¥28.617 million, ordinary profit of ¥18.185 million and net profit of ¥17.875 million. However, in the previous fiscal year it recorded an operating loss of ¥356.584 million, an ordinary loss of ¥365.193 million and a net loss of ¥517.836 million, and had experienced continuing operating losses and negative operating cash flow.」
While continuing to recognize the previous fiscal year's losses and negative operating cash flow, the Company recorded operating profit, ordinary profit and net profit in the current quarter. - FY2022WorsenedAnnual report
「During the fiscal year, the Company recorded an operating loss of ¥356 million, an ordinary loss of ¥365 million and a net loss of ¥517 million, with continuing operating losses and negative operating cash flow.」
Regarding going-concern risk, the Company disclosed full-year figures of an operating loss of ¥356 million, an ordinary loss of ¥365 million, a net loss of ¥517 million and continuing negative operating cash flow. - FY2022-Q3First statedAnnual report
「The Company has continued to record operating losses and net losses, and, because the impact of the spread of COVID-19 on its business and other operations has been substantial to date, events or conditions exist that raise significant doubt about the going-concern assumption.」
For the first time, the Company explicitly states that events or conditions exist that raise significant doubt about the going-concern assumption due to continuing operating and net losses and the substantial impact of COVID-19.