Continued Operating Losses and Negative Operating Cash Flow
First written in FY2016. 14 of 39 entries say "Mitigated", first in FY2018-Q1. Latest entry: 2026-08-07.
The whole theme swung hardest in 2019: 2 of 6 companies on the "Worse" side.
7 other companies' latest entry also says "Mitigated".
- 2026-08-07MitigatedEarnings
「当社グループは、営業損益は黒字であるものの、原材料価格の高騰を見据えて在庫を積み増したことにより重要なマイナスの営業キャッシュ・フローを計上しているため、継続企業の前提に重要な疑義を生じさせるような状況が存在しております。しかしながら、当第１四半期連結会計期間末において現金及び預金219百万円を保有し、必要な運転資金を確保していることから、継続企業の前提に関する重要な不確実性は認められないと判断し、財務諸表への注記は記載しておりません。」
営業損益の黒字化と必要運転資金の確保を記載する一方、在庫積み増しに伴うマイナスの営業キャッシュ・フローによる重要事象は残している。 - FY2026ReframedAnnual report
「Although the group turned operating income positive, circumstances exist that raise substantial doubt about the going concern assumption because it reported significant negative operating cash flow after increasing inventories in anticipation of higher raw material prices.」
Operating income turned positive, but increased inventories as a precaution against higher raw material prices resulted in negative operating cash flow of ¥140 million. The drivers of the material events concerning the going concern assumption shifted from operating losses primarily to cash outflows. - 2026-05-15WorsenedRevision to earnings forecasts
「Although the group turned operating income positive, circumstances exist that raise substantial doubt about the going concern assumption because it reported significant negative operating cash flow after increasing inventories in anticipation of higher raw material prices.」
営業損益は黒字化した一方、棚卸資産の積み増しにより営業活動によるキャッシュ・フローが140百万円の支出となり、営業キャッシュ・フロー面のリスクは前年度の改善局面から悪化している。 - FY2026-H1MitigatedAnnual report
「Although the group reported an ordinary profit in the previous fiscal year, circumstances exist that raise substantial doubt about the going concern assumption because it has continued to report operating losses. However, as of the end of the interim consolidated accounting period, it had no borrowings, held ¥266 million in cash and deposits, and had secured the working capital necessary for its operations. Accordingly, the group determined that no material uncertainty regarding the going concern assumption existed and did not include a related note in its financial statements.」
Material events arising from the continued reporting of operating losses remain, but the company reports an ordinary profit in the previous fiscal year, no borrowings, cash and deposits of ¥266 million, and secured working capital. - FY2025MitigatedAnnual report
「The company has continued to report operating losses, and circumstances exist that raise substantial doubt about the going concern assumption. However, to strengthen its financial base, the company issued new shares through a third-party allotment in April 2024 and raised ¥46 million. It also generated ¥151 million in operating cash flow during the fiscal year. As a result, as of the end of the fiscal year, it held ¥355 million in cash and deposits, had no borrowings, and had secured the working capital necessary for its operations. Accordingly, the company determined that no material uncertainty regarding the going concern assumption existed and did not include a related note in its financial statements.」
The operating loss remains, but cash and deposits reached ¥355 million following the raising of ¥46 million through a third-party allotment and the generation of ¥151 million in operating cash flow. - FY2025-H1Operating loss continues, operating cash flow turns positiveAnnual report
「The company has continued to report operating losses, and circumstances exist that raise substantial doubt about the going concern assumption. However, to strengthen its financial base, the company issued new shares through a third-party allotment in April 2024 and raised ¥46 million. As a result, as of the end of the interim accounting period, it held ¥212 million in cash and deposits, had no borrowings, and had secured the working capital necessary for its operations. Accordingly, the company determined that no material uncertainty regarding the going concern assumption existed and did not include a related note in its financial statements.」
The operating loss and material events concerning the going concern assumption remain, but the operating loss narrowed from ¥66 million to ¥31 million year on year. Operating cash flow was an inflow of ¥7.968 million and remained positive, although it was down from ¥46.662 million in the same period of the previous year. The company also reports raising ¥46 million through a new share issue, having no borrowings, and securing working capital. - FY2024Operating loss continues, cash outflow narrowsAnnual report
「The company has continued to report operating losses and negative operating cash flow, and circumstances exist that raise substantial doubt about the going concern assumption. However, as of the end of the fiscal year, it had no borrowings, held ¥158 million in cash and deposits, and had secured the working capital necessary for its operations. Accordingly, the company determined that no material uncertainty regarding the going concern assumption existed and did not include a related note in its financial statements.」
The operating loss and negative operating cash flow continue, while funds used in operating activities declined from ¥179 million to ¥62 million year on year. Cash and deposits also declined from ¥225 million to ¥158 million. - FY2024-Q3Operating loss continues, cash balance declinesAnnual report
「The company has continued to report operating losses and negative operating cash flow, and circumstances exist that raise substantial doubt about the going concern assumption. However, as of the end of the third quarter, it had no borrowings, held ¥135 million in cash and deposits, and had secured the working capital necessary for its operations. Accordingly, the company determined that no material uncertainty regarding the going concern assumption existed and did not include a related note in its financial statements.」
The operating loss and negative operating cash flow continue. Although the ordinary loss narrowed year on year, cash and deposits declined from ¥269 million at the end of the second quarter to ¥135 million. - FY2024-Q2Operating cash flow turns positive, operating loss continuesAnnual report
「The company has continued to report operating losses, and circumstances exist that raise substantial doubt about the going concern assumption. However, as of the end of the second quarter, it had no borrowings, held ¥269 million in cash and deposits, and had secured the working capital necessary for its operations. Accordingly, the company determined that no material uncertainty regarding the going concern assumption existed and did not include a related note in its financial statements. Funds generated from operating activities amounted to ¥46 million, compared with ¥48 million used in the same period of the previous year.」
The operating loss and material events continue, but operating cash flow turned from an outflow of ¥48 million in the same period of the previous year to an inflow of ¥46 million, while cash and deposits stood at ¥269 million. - FY2024-Q1Larger loss, higher cash balanceAnnual report
「The company has continued to report operating losses and negative operating cash flow, and circumstances exist that raise substantial doubt about the going concern assumption. However, as of the end of the first quarter, it had no borrowings, held ¥282 million in cash and deposits, and had secured the working capital necessary for its operations. Accordingly, the company determined that no material uncertainty regarding the going concern assumption existed and did not include a related note in its financial statements.」
The operating loss and negative operating cash flow continue, and the operating loss increased from ¥19 million to ¥32 million year on year. Meanwhile, cash and deposits increased from ¥225 million at the end of the previous fiscal year to ¥282 million, and the company reports having no borrowings and having secured working capital. - FY2023WorsenedAnnual report
「The company has continued to report operating losses and negative operating cash flow, and circumstances exist that raise substantial doubt about the going concern assumption. However, to strengthen its financial base, the company issued new shares through a third-party allotment in the fourth quarter and raised ¥99 million. As a result, as of the end of the fiscal year, it held ¥225 million in cash and deposits, had no borrowings, and had secured the working capital necessary for its operations. Accordingly, the company determined that no material uncertainty regarding the going concern assumption existed and did not include a related note in its financial statements.」
The operating loss and negative operating cash flow continue, and funds used in operating activities increased from ¥104 million to ¥179 million year on year. Although the company raised ¥99 million through a third-party allotment, cash and cash equivalents declined to ¥225 million. - FY2023-Q3WorsenedAnnual report
「The company has continued to report operating losses and negative operating cash flow, and circumstances exist that raise substantial doubt about the going concern assumption. However, as of the end of the third quarter, it had no borrowings, held ¥132 million in cash and deposits, and had secured the working capital necessary for its operations. Accordingly, the company determined that no material uncertainty regarding the going concern assumption existed and did not include a related note in its financial statements.」
The operating loss and negative operating cash flow continue, and the ordinary loss increased from ¥76 million to ¥97 million year on year. Cash and deposits also declined from ¥309 million at the end of the previous fiscal year to ¥132 million, although the company states that it had no borrowings and had secured the working capital necessary for its operations. - FY2023-Q2Slightly larger loss, improved operating cash flowAnnual report
「The company has continued to report operating losses and negative operating cash flow, and circumstances exist that raise substantial doubt about the going concern assumption. As a result, for the cumulative second quarter, net sales were ¥446 million, down ¥114 million, or 20.4%, year on year; the operating loss was ¥66 million, compared with an operating loss of ¥64 million in the same period of the previous year; the ordinary loss was ¥67 million, compared with an ordinary loss of ¥65 million; and the quarterly net loss was ¥72 million, compared with a quarterly net loss of ¥39 million. Funds used in operating activities amounted to ¥48 million, compared with ¥120 million in the same period of the previous year.」
Material events concerning the going concern assumption and the operating loss continue. The operating loss increased slightly year on year, while funds used in operating activities declined from ¥120 million to ¥48 million. - FY2023-Q1Narrower loss, lower cash balanceAnnual report
「The company has continued to report operating losses and negative operating cash flow, and circumstances exist that raise substantial doubt about the going concern assumption. However, as of the end of the first quarter, it had no borrowings, held ¥266 million in cash and deposits, and had secured the working capital necessary for its operations. Accordingly, the company determined that no material uncertainty regarding the going concern assumption existed and did not include a related note in its financial statements.」
Material events and negative operating cash flow continue. The operating loss narrowed from ¥43 million to ¥20 million year on year, while cash and deposits declined from ¥309 million at the end of the previous fiscal year to ¥266 million. - FY2022Narrower loss, weaker operating cash flowAnnual report
「The company has continued to report operating losses and negative operating cash flow, and circumstances exist that raise substantial doubt about the going concern assumption. However, to strengthen its financial base, the company disposed of treasury shares through a third-party allotment in the second quarter and raised ¥98 million. As a result, as of the end of the fiscal year, it held ¥309 million in cash and deposits, had no borrowings, and had secured the working capital necessary for its operations. Accordingly, the company determined that no material uncertainty regarding the going concern assumption existed and did not include a related note in its financial statements.」
The operating loss narrowed from ¥119 million to ¥56 million year on year, while operating cash flow deteriorated from an outflow of ¥12 million to an outflow of ¥104 million. Material events remain, but the company reports raising ¥98 million through a third-party allotment, having no borrowings, and securing working capital. - FY2022-Q3MitigatedAnnual report
「The company has continued to report operating losses and negative operating cash flow, and circumstances exist that raise substantial doubt about the going concern assumption. As a result, for the cumulative third quarter, net sales were ¥876 million, down ¥34 million, or 3.7%, year on year; the operating loss was ¥76 million, compared with an operating loss of ¥97 million in the same period of the previous year; and the ordinary loss was ¥76 million, compared with an ordinary loss of ¥96 million.」
The operating loss narrowed from ¥97 million to ¥76 million year on year, while the operating loss and negative operating cash flow continue. Following the raising of ¥98 million through a third-party allotment, cash and deposits stood at ¥352 million, and the company states that it had no borrowings. - FY2022-Q2Narrower loss, weaker operating cash flowAnnual report
「The company has continued to report operating losses and negative operating cash flow, and circumstances exist that raise substantial doubt about the going concern assumption. As a result, for the cumulative second quarter, net sales were ¥561 million, down ¥23 million, or 4.0%, year on year; the operating loss was ¥64 million, compared with an operating loss of ¥79 million in the same period of the previous year; and the ordinary loss was ¥65 million, compared with an ordinary loss of ¥78 million. Funds used in operating activities amounted to ¥120 million, compared with ¥36 million in the same period of the previous year.」
The operating loss narrowed from ¥79 million to ¥64 million year on year, while funds used in operating activities increased from ¥36 million to ¥120 million. Material events concerning the going concern assumption remain. - FY2022-Q1MitigatedAnnual report
「The company has continued to report operating losses and negative operating cash flow, and circumstances exist that raise substantial doubt about the going concern assumption. As a result, for the cumulative first quarter, net sales were ¥271 million, down ¥3 million, or 1.3%, year on year; the operating loss was ¥43 million, compared with an operating loss of ¥49 million in the same period of the previous year; and the ordinary loss was ¥43 million, compared with an ordinary loss of ¥49 million.」
The operating loss and negative operating cash flow continue, but the operating loss narrowed from ¥49 million to ¥43 million year on year. The company also states that cash and deposits were ¥255 million and that it had no borrowings. - FY2021MitigatedAnnual report
「The company has continued to report operating losses and negative operating cash flow, and circumstances exist that raise substantial doubt about the going concern assumption. However, as of the end of the fiscal year, it had no borrowings, held ¥318 million in cash and deposits, and had secured the working capital necessary for its operations. Accordingly, the company determined that no material uncertainty regarding the going concern assumption existed and did not include a related note in its financial statements.」
The operating loss and negative operating cash flow continue, but the operating loss narrowed from ¥142 million to ¥119 million year on year, and funds used in operating activities declined from ¥114 million to ¥12 million. Meanwhile, cash and deposits stood at ¥318 million. - FY2021-Q3Narrower loss, lower cash balanceAnnual report
「The company has continued to report operating losses and negative operating cash flow, and circumstances exist that raise substantial doubt about the going concern assumption. However, as of the end of the third quarter, it had no borrowings, held ¥235 million in cash and deposits, and had secured the working capital necessary for its operations. Accordingly, the company determined that no material uncertainty regarding the going concern assumption existed and did not include a related note in its financial statements.」
The operating loss narrowed from ¥129 million to ¥97 million year on year, while the operating loss and negative operating cash flow continue. Cash and deposits declined from ¥334 million at the end of the previous fiscal year to ¥235 million. - FY2021-Q2Slightly larger loss, reduced cash outflowAnnual report
「The company has continued to report operating losses and negative operating cash flow, and circumstances exist that raise substantial doubt about the going concern assumption. As a result, for the cumulative second quarter, net sales were ¥584 million, up ¥30 million, or 5.6%, year on year, and the operating loss was ¥79 million, compared with an operating loss of ¥78 million in the same period of the previous year. Funds used in operating activities amounted to ¥36 million, compared with ¥53 million in the same period of the previous year.」
Material events concerning the going concern assumption remain. The operating loss increased slightly from ¥78 million to ¥79 million year on year, while funds used in operating activities declined from ¥53 million to ¥36 million. - FY2021-Q1WorsenedAnnual report
「As a result, for the cumulative first quarter, net sales were ¥274 million, up ¥4 million, or 1.5%, year on year; the operating loss was ¥49 million, compared with an operating loss of ¥44 million in the same period of the previous year; the ordinary loss was ¥49 million, compared with an ordinary loss of ¥43 million; and the quarterly net loss was ¥49 million, compared with a quarterly net loss of ¥46 million.」
The operating loss increased from ¥44 million to ¥49 million year on year. Although the operating loss and negative operating cash flow continue, cash and deposits increased from ¥334 million to ¥397 million, and the company states that it had no borrowings. - FY2020MitigatedAnnual report
「The company has continued to report operating losses and negative operating cash flow, and circumstances exist that raise substantial doubt about the going concern assumption. However, as of the end of the fiscal year, it had no borrowings, held ¥334 million in cash and deposits, and had secured the working capital necessary for its operations. Accordingly, the company determined that no material uncertainty regarding the going concern assumption existed and did not include a related note in its financial statements.」
The operating loss and negative operating cash flow continue, but the amount used in operating activities declined from ¥247 million to ¥114 million year on year. Risks remain. - FY2020-Q3MitigatedAnnual report
「The company has continued to report operating losses, and circumstances exist that raise substantial doubt about the going concern assumption. However, as of the end of the third quarter, it had no borrowings, held ¥382 million in cash and deposits, and had secured the working capital necessary for its operations. Accordingly, the company determined that no material uncertainty regarding the going concern assumption existed and did not include a related note in its financial statements.」
Material events concerning the going concern assumption and the operating loss remain, but the operating loss for the cumulative third quarter was ¥129 million, down from ¥145 million in the same period of the previous year. Meanwhile, cash and deposits declined from ¥451 million at the end of the previous fiscal year to ¥382 million. - FY2020-Q2MitigatedAnnual report
「The company has continued to report operating losses, and circumstances exist that raise substantial doubt about the going concern assumption. However, as of the end of the second quarter, it had no borrowings, held ¥396 million in cash and deposits, and had secured the working capital necessary for its operations. Accordingly, the company determined that no material uncertainty regarding the going concern assumption existed and did not include a related note in its financial statements.」
The operating loss and material events concerning the going concern assumption remain, but the operating loss narrowed from ¥97 million to ¥78 million year on year, and the amount used in operating activities declined from ¥146 million to ¥53 million. - FY2020-Q1MitigatedAnnual report
「The company has continued to report operating losses, and circumstances exist that raise substantial doubt about the going concern assumption. However, as of the end of the first quarter, it had no borrowings, held ¥431 million in cash and deposits, and had secured the working capital necessary for its operations. Accordingly, the company determined that no material uncertainty regarding the going concern assumption existed and did not include a related note in its financial statements.」
Material events concerning the going concern assumption and the operating loss remain, but the operating loss narrowed from ¥46 million to ¥44 million year on year. Meanwhile, cash and deposits declined from ¥451 million at the end of the previous fiscal year to ¥431 million. - FY2019WorsenedAnnual report
「The company has continued to report operating losses, and circumstances exist that raise substantial doubt about the going concern assumption. However, as of the end of the fiscal year, it had no borrowings, held ¥451 million in cash and deposits, and had secured the working capital necessary for its operations. Accordingly, the company determined that no material uncertainty regarding the going concern assumption existed and did not include a related note in its financial statements.」
Material events concerning the going concern assumption remain, and the operating loss increased from ¥121 million to ¥166 million year on year. Operating cash flow also turned from an inflow of ¥42 million to an outflow of ¥247 million, while cash and deposits declined from ¥699 million to ¥451 million. - FY2019-Q3WorsenedAnnual report
「The company has continued to report operating losses, and circumstances exist that raise substantial doubt about the going concern assumption. However, as of the end of the third quarter, it had no borrowings, held ¥402 million in cash and deposits, and had secured the working capital necessary for its operations. Accordingly, the company determined that no material uncertainty regarding the going concern assumption existed and did not include a related note in its financial statements. As a result, for the cumulative third quarter, net sales were ¥764 million, down ¥223 million, or 22.6%, year on year; the operating loss was ¥145 million, compared with an operating loss of ¥79 million in the same period of the previous year; the ordinary loss was ¥145 million, compared with an ordinary loss of ¥77 million; and the quarterly net loss was ¥147 million, compared with a quarterly net loss of ¥82 million.」
Material events concerning the going concern assumption remain, and the operating loss increased from ¥79 million to ¥145 million year on year. Cash and deposits also declined from ¥699 million at the end of the previous fiscal year to ¥402 million, although the company states that it had no borrowings and had secured the working capital necessary for its operations. - FY2019-Q2WorsenedAnnual report
「The company has continued to report operating losses, and circumstances exist that raise substantial doubt about the going concern assumption. However, as of the end of the second quarter, it had no borrowings, held ¥553 million in cash and deposits, and had secured the working capital necessary for its operations. Accordingly, the company determined that no material uncertainty regarding the going concern assumption existed and did not include a related note in its financial statements.」
Material events concerning the going concern assumption remain. The operating loss for the cumulative second quarter increased to ¥97 million from ¥63 million in the same period of the previous year, while operating cash flow turned from an inflow of ¥14 million to an outflow of ¥146 million. The losses and cash outflows have been quantified and have actually occurred. - FY2019-Q1WorsenedAnnual report
「The company has continued to report operating losses, and circumstances exist that raise substantial doubt about the going concern assumption. However, as of the end of the first quarter, it had no borrowings, held ¥594 million in cash and deposits, and had secured the working capital necessary for its operations. Accordingly, the company determined that no material uncertainty regarding the going concern assumption existed and did not include a related note in its financial statements. As a result, for the cumulative first quarter, net sales were ¥275 million, down ¥41 million, or 13.0%, year on year; the operating loss was ¥46 million, compared with an operating loss of ¥41 million in the same period of the previous year; the ordinary loss was ¥46 million, compared with an ordinary loss of ¥41 million; and the quarterly net loss was ¥48 million, compared with a quarterly net loss of ¥43 million.」
Material events concerning the going concern assumption remain. The operating loss increased from ¥41 million to ¥46 million year on year, while cash and deposits declined to ¥594 million. The company states that it had no borrowings and had secured the working capital necessary for its operations. - FY2018MitigatedAnnual report
「The company has continued to report operating losses, and circumstances exist that raise substantial doubt about the going concern assumption. However, as of the end of the fiscal year, it had no borrowings, held ¥699 million in cash and deposits, and had secured the working capital necessary for its operations. Accordingly, the company determined that no material uncertainty regarding the going concern assumption existed and did not include a related note in its financial statements.」
The operating loss narrowed from ¥232 million to ¥121 million year on year, while operating cash flow turned from an outflow of ¥315 million in the previous year to an inflow of ¥42 million. Material events remain, but losses and cash outflows improved. - FY2018-Q3MitigatedAnnual report
「The company has continued to report operating losses and negative operating cash flow, and circumstances exist that raise substantial doubt about the going concern assumption. However, as of the end of the third quarter, it had no borrowings, held ¥627 million in cash and deposits, and had secured the working capital necessary for its operations. Accordingly, the company determined that no material uncertainty regarding the going concern assumption existed and did not include a related note in its financial statements.」
Material events concerning the going concern assumption and the operating loss remain, but the operating loss narrowed from ¥190 million to ¥79 million and the ordinary loss from ¥184 million to ¥77 million year on year. The company also reaffirmed that it had no borrowings and had secured the working capital necessary for its operations. - FY2018-Q2MitigatedAnnual report
「The company has continued to report operating losses and negative operating cash flow, and circumstances exist that raise substantial doubt about the going concern assumption. However, as of the end of the second quarter, it had no borrowings, held ¥668 million in cash and deposits, and had secured the working capital necessary for its operations. Accordingly, the company determined that no material uncertainty regarding the going concern assumption existed and did not include a related note in its financial statements.」
The operating and ordinary losses continue, but the operating loss narrowed from ¥140 million to ¥63 million and the ordinary loss from ¥139 million to ¥61 million year on year. Operating cash flow also turned from an outflow of ¥147 million in the same period of the previous year to an inflow of ¥14 million, reducing some of the risk. - FY2018-Q1MitigatedAnnual report
「The company has continued to report operating losses and negative operating cash flow, and circumstances exist that raise substantial doubt about the going concern assumption. However, as of the end of the first quarter, it had no borrowings, held ¥708 million in cash and deposits, and had secured the working capital necessary for its operations. Accordingly, the company determined that no material uncertainty regarding the going concern assumption existed and did not include a related note in its financial statements.」
Although the operating loss and negative operating cash flow continue, the operating loss narrowed from ¥87 million to ¥41 million and the ordinary loss from ¥86 million to ¥41 million year on year. Risks remain, but the losses were lower than in the same period of the previous year. - FY2017WorsenedAnnual report
「The company has continued to report operating losses and negative operating cash flow, and circumstances exist that raise substantial doubt about the going concern assumption. However, as of the end of the fiscal year, it had no borrowings, held ¥643 million in cash and deposits, and had secured the working capital necessary for its operations. Accordingly, the company determined that no material uncertainty regarding the going concern assumption existed and did not include a related note in its financial statements.」
Material events continue, with an operating loss of ¥232 million and negative operating cash flow of ¥315 million. Losses and cash outflows increased from the previous year's operating loss of ¥231 million and negative operating cash flow of ¥278 million, while cash and deposits declined to ¥643 million. - FY2017-Q3WorsenedAnnual report
「The company has continued to report operating losses and negative operating cash flow, and circumstances exist that raise substantial doubt about the going concern assumption. However, as of the end of the third quarter, it had no borrowings, held ¥688 million in cash and deposits, and had secured the working capital necessary for its operations. Accordingly, the company determined that no material uncertainty regarding the going concern assumption existed and did not include a related note in its financial statements.」
Material events concerning the going concern assumption continue. The operating loss for the cumulative third quarter was ¥190 million, exceeding the ¥186 million reported in the same period of the previous year, while cash and deposits declined from ¥805 million at the end of the second quarter to ¥688 million. The company states that it had no borrowings and had secured working capital. - FY2017-Q2WorsenedAnnual report
「The company has continued to report operating losses and negative operating cash flow, and circumstances exist that raise substantial doubt about the going concern assumption.」
Material events concerning the going concern assumption continue. For the cumulative second quarter, the company reported an operating loss of ¥140 million, an ordinary loss of ¥139 million, a net loss of ¥143 million, and negative operating cash flow of ¥147 million. Operating, ordinary and net losses all increased year on year. - FY2017-Q1WorsenedAnnual report
「The company has continued to report operating losses and negative operating cash flow, and circumstances exist that raise substantial doubt about the going concern assumption.」
Material events relating to the going concern assumption continue. In the first quarter, the operating loss was ¥87 million, compared with ¥66 million in the same period of the previous year; the ordinary loss was ¥86 million, compared with ¥64 million; and the net loss for the quarter was ¥88 million, compared with ¥70 million, indicating that losses increased from the same period of the previous year. It states that there were no borrowings and that cash and deposits amounted to ¥920 million. - FY2016First statedAnnual report
「The company has continued to report operating losses and negative operating cash flow, and circumstances exist that raise substantial doubt about the going concern assumption.」
Although it reported an operating loss of ¥231 million, an ordinary loss of ¥230 million, and operating cash flow of negative ¥278 million, it had no borrowings and held ¥954 million in cash and deposits, and determined that no material uncertainty existed.