Events or circumstances raising substantial doubt about the going-concern assumption
First written in FY2017-Q1. 14 of 28 entries say "Mitigated", first in FY2018-Q1. Latest entry: 2026-09-11.
The whole theme swung hardest in 2025: 26 of 48 companies on the "Worse" side.
20 other companies' latest entry also says "Restated".
- 2026-09-11RestatedEarningsSuggests it is closing out
「(Going concern assumption) There are no applicable matters.」
The interim financial results report also states that there are no matters applicable to significant uncertainties regarding the going concern assumption. The canonical thread itself remains unchanged. - FY2023DroppedAnnual report
「Although the current consolidated fiscal year has not reached the point where a note regarding the going concern assumption must be disclosed,」
This filing contains no identifiable disclosure concerning events or conditions that may raise significant doubt about the going concern assumption, and the explicit disclosure that continued through FY2023-Q3 has disappeared. - FY2023-Q3MitigatedAnnual report
「In the current third-quarter cumulative consolidated period, the group recorded operating income of ¥188 million, ordinary income of ¥175 million and quarterly net income attributable to owners of the parent of ¥110 million, indicating an improving trend in performance. However, through the consolidated fiscal year before the previous one, it had recorded an operating loss, ordinary loss and net loss attributable to owners of the parent for 3 consecutive fiscal years.」
The material events have been mitigated as the group continues to record operating income, ordinary income and quarterly net income, with performance improving. However, the company states that events and conditions giving rise to significant doubt about the going concern assumption still exist because it recorded losses for 3 consecutive fiscal years in the past. - FY2023-Q2MitigatedAnnual report
「In the current second-quarter cumulative consolidated period, the group recorded operating income of ¥166 million, ordinary income of ¥158 million and quarterly net income attributable to owners of the parent of ¥113 million, indicating an improving trend in performance. However, through the consolidated fiscal year before the previous one, it had recorded an operating loss, ordinary loss and net loss attributable to owners of the parent for 3 consecutive fiscal years.」
The material events continue to be mitigated by positive operating income, ordinary income and quarterly net income and by the increase in profit. However, the company states that events and conditions giving rise to significant doubt still exist because it recorded losses for 3 consecutive fiscal years in the past. - FY2023-Q1MitigatedAnnual report
「In the current first-quarter cumulative consolidated period, the group recorded operating income of ¥96 million, ordinary income of ¥100 million and quarterly net income attributable to owners of the parent of ¥84 million, indicating an improving trend in performance. However, through the consolidated fiscal year before the previous one, it had recorded an operating loss, ordinary loss and net loss attributable to owners of the parent for 3 consecutive fiscal years.」
The group recorded operating income, ordinary income and quarterly net income in the first quarter, indicating an improving trend in performance. Although the material events still exist, the company states that the consecutive losses extended only through the consolidated fiscal year before the previous one. - FY2022MitigatedAnnual report
「In the current consolidated fiscal year, the group recorded operating income of ¥128 million, ordinary income of ¥138 million and net income attributable to owners of the parent of ¥106 million, indicating an improving trend in performance. However, through the previous consolidated fiscal year, it had recorded an operating loss, ordinary loss and net loss attributable to owners of the parent for 3 consecutive fiscal years. Accordingly, taking past performance into consideration, although this has not reached the point where a note regarding the going concern assumption must be disclosed, it recognizes that events or conditions exist that may raise significant doubt about the going concern assumption.」
The company returned to profitability in operating income, ordinary income and net income for the full fiscal year, mitigating the risk. However, it states that events and conditions giving rise to significant doubt still exist because it recorded losses for 3 consecutive fiscal years in the past. - FY2022-Q3MitigatedAnnual report
「In the current third-quarter cumulative consolidated period, the group recorded operating income of ¥144 million, ordinary income of ¥147 million and quarterly net income attributable to owners of the parent of ¥121 million, indicating an improving trend in performance. However, through the previous consolidated fiscal year, it had recorded an operating loss, ordinary loss and net loss attributable to owners of the parent for 3 consecutive fiscal years.」
The group recorded operating income, ordinary income and quarterly net income for the third-quarter cumulative period, and profit also increased from the second-quarter cumulative period, partly mitigating the performance-related risk. However, the company states that events and conditions giving rise to significant doubt still exist because it recorded losses for 3 consecutive fiscal years in the past. - FY2022-Q2MitigatedAnnual report
「In the current second-quarter cumulative consolidated period, the group recorded operating income of ¥81 million, ordinary income of ¥82 million and quarterly net income attributable to owners of the parent of ¥74 million, indicating an improving trend in performance. However, through the previous consolidated fiscal year, it had recorded an operating loss, ordinary loss and net loss attributable to owners of the parent for 3 consecutive fiscal years.」
The group recorded operating income, ordinary income and quarterly net income, and remained profitable after turning from losses in the same period of the previous year, partly mitigating the risk associated with the material events. However, the company states that events and conditions giving rise to significant doubt still exist because it recorded losses for 3 consecutive fiscal years in the past. - FY2022-Q1MitigatedAnnual report
「In the current first-quarter cumulative consolidated period, the group recorded operating income of ¥10 million, ordinary income of ¥10 million and quarterly net income attributable to owners of the parent of ¥9 million, indicating an improving trend in performance. However, through the previous consolidated fiscal year, it had recorded an operating loss, ordinary loss and net loss attributable to owners of the parent for 3 consecutive fiscal years. Accordingly, taking past performance into consideration, although this has not reached the point where a note regarding the going concern assumption must be disclosed, it recognizes that events or conditions exist that may raise significant doubt about the going concern assumption.」
The group recorded operating income, ordinary income and quarterly net income in the current quarter, indicating an improving trend in performance, so the material events have been partly mitigated. However, the company states that events and conditions giving rise to significant doubt still exist because it recorded losses for 3 consecutive fiscal years through the previous consolidated fiscal year. - FY2021MitigatedAnnual report
「In the current consolidated fiscal year, the group recorded an operating loss of ¥129 million, an ordinary loss of ¥119 million and a net loss attributable to owners of the parent of ¥97 million. As a result, although this has not reached the point where a note regarding the going concern assumption must be disclosed, it recognizes that events or conditions exist that may raise significant doubt about the going concern assumption.」
Events and conditions giving rise to significant doubt continue to exist, but the operating loss, ordinary loss and net loss have all narrowed from the previous fiscal year, partly mitigating the risk. - FY2021-Q3MitigatedAnnual report
「In the current third-quarter cumulative consolidated period, the group recorded an operating loss of ¥118 million, an ordinary loss of ¥114 million and a quarterly net loss attributable to owners of the parent of ¥93 million. As a result, although this has not reached the point where a note regarding the going concern assumption must be disclosed, it recognizes that events or conditions exist that may raise significant doubt about the going concern assumption.」
Events and conditions giving rise to significant doubt continue to exist. However, the operating loss, ordinary loss and quarterly net loss have all narrowed from the same period of the previous year, partly mitigating the risk year on year. - FY2021-Q2MitigatedAnnual report
「In the current second-quarter cumulative consolidated period, the group recorded an operating loss of ¥78 million, an ordinary loss of ¥79 million and a quarterly net loss attributable to owners of the parent of ¥57 million. As a result, although this has not reached the point where a note regarding the going concern assumption must be disclosed, it recognizes that events or conditions exist that may raise significant doubt about the going concern assumption.」
Although the material events continue to exist, the operating loss, ordinary loss and quarterly net loss have all narrowed from the same quarter of the previous year, so the risk has been partly mitigated. - FY2021-Q1WorsenedAnnual report
「The group recorded an operating loss of ¥202 million, an ordinary loss of ¥204 million and a net loss attributable to owners of the parent of ¥166 million in the previous consolidated fiscal year. In the current first-quarter cumulative consolidated period, it recorded an operating loss of ¥72 million, an ordinary loss of ¥72 million and a quarterly net loss attributable to owners of the parent of ¥73 million. As a result, although this has not reached the point where a note regarding the going concern assumption must be disclosed, it recognizes that events or conditions exist that may raise significant doubt about the going concern assumption.」
Following the previous consolidated fiscal year, the company also recorded an operating loss, ordinary loss and quarterly net loss in the current first quarter, and losses expanded from the same period of the previous year, indicating that events and conditions giving rise to significant doubt have deteriorated. - FY2020WorsenedAnnual report
「Although operating cash flow increased due to the receipt of refunds, the group recorded an operating loss of ¥202 million, an ordinary loss of ¥204 million and a net loss attributable to owners of the parent of ¥166 million in the current consolidated fiscal year. As a result, although this has not reached the point where a note regarding the going concern assumption must be disclosed, it recognizes that events or conditions exist that may raise significant doubt about the going concern assumption.」
Following the previous consolidated fiscal year, the company recorded an operating loss, ordinary loss and net loss attributable to owners of the parent, and the loss for the current consolidated fiscal year also expanded. The company therefore states that events and conditions giving rise to significant doubt have deteriorated. - FY2020-Q3WorsenedAnnual report
「The group recorded an operating loss of ¥114 million, an ordinary loss of ¥115 million and a net loss attributable to owners of the parent of ¥117 million in the previous consolidated fiscal year. In the current third-quarter cumulative consolidated period, it recorded an operating loss of ¥143 million, an ordinary loss of ¥143 million and a quarterly net loss attributable to owners of the parent of ¥146 million. As a result, although this has not reached the point where a note regarding the going concern assumption must be disclosed, it recognizes that events or conditions exist that may raise significant doubt about the going concern assumption.」
Losses expanded from the same period of the previous year and the previous cumulative quarter, and the company states that events and conditions giving rise to significant doubt about the going concern assumption continue to exist. - FY2020-Q2WorsenedAnnual report
「The group recorded an operating loss of ¥114 million, an ordinary loss of ¥115 million and a net loss attributable to owners of the parent of ¥117 million in the previous consolidated fiscal year. In the current second-quarter cumulative consolidated period, it recorded an operating loss of ¥102 million, an ordinary loss of ¥102 million and a quarterly net loss attributable to owners of the parent of ¥104 million. As a result, although this has not reached the point where a note regarding the going concern assumption must be disclosed, it recognizes that events or conditions exist that may raise significant doubt about the going concern assumption.」
Following the previous consolidated fiscal year, the company recorded an operating loss, ordinary loss and quarterly net loss attributable to owners of the parent in the current second-quarter cumulative period, and the losses expanded from the same period of the previous year, indicating that events and conditions giving rise to significant doubt have deteriorated. - FY2020-Q1WorsenedAnnual report
「The group recorded an operating loss of ¥114 million, an ordinary loss of ¥115 million and a net loss attributable to owners of the parent of ¥117 million in the previous consolidated fiscal year. In the current first-quarter cumulative consolidated period, it recorded an operating loss of ¥40 million, an ordinary loss of ¥38 million and a quarterly net loss attributable to owners of the parent of ¥39 million. As a result, although this has not reached the point where a note regarding the going concern assumption must be disclosed, it recognizes that events or conditions exist that may raise significant doubt about the going concern assumption.」
The previous consolidated fiscal year ended in an operating loss, ordinary loss and net loss, and the current first quarter also recorded an operating loss, ordinary loss and quarterly net loss, so events and conditions giving rise to significant doubt continue to exist. - FY2019-Q3WorsenedAnnual report
「The group recorded operating income of ¥20 million, ordinary income of ¥28 million and net income attributable to owners of the parent of ¥71 million in the previous consolidated fiscal year, and cash flows from operating and investing activities increased, indicating a trend toward a more stable operating base. However, in the current third-quarter cumulative consolidated period, it recorded an operating loss of ¥62 million, an ordinary loss of ¥60 million and a quarterly net loss attributable to owners of the parent of ¥57 million. As a result, although this has not reached the point where a note regarding the going concern assumption must be disclosed, events or conditions exist that may raise significant doubt about the going concern assumption.」
The company shifted from a profit in the previous consolidated fiscal year to an operating loss, ordinary loss and quarterly net loss attributable to owners of the parent in the current third-quarter cumulative consolidated period, and states that events and conditions giving rise to significant doubt continue to exist. - FY2019-Q2WorsenedAnnual report
「The group recorded operating income of ¥20 million, ordinary income of ¥28 million and net income attributable to owners of the parent of ¥71 million in the previous consolidated fiscal year, and cash flows from operating and investing activities increased, indicating a trend toward a more stable operating base. However, in the current second-quarter cumulative consolidated period, it recorded an operating loss of ¥16 million, an ordinary loss of ¥13 million and a quarterly net loss attributable to owners of the parent of ¥10 million. As a result, although this has not reached the point where a note regarding the going concern assumption must be disclosed, events or conditions exist that may raise significant doubt about the going concern assumption.」
The company shifted from a profit in the previous consolidated fiscal year to an operating loss, ordinary loss and quarterly net loss attributable to owners of the parent in the current second-quarter cumulative period, and events and conditions giving rise to significant doubt have again been explicitly identified. - FY2019-Q1RestatedAnnual report
「In the current first-quarter cumulative consolidated period, the group recorded operating income of ¥0.883 million, ordinary income of ¥5 million and quarterly net income attributable to owners of the parent of ¥3 million, indicating an improving trend in performance. As of the end of the current first-quarter cumulative consolidated period, although the group has not reached the point where a note regarding the going concern assumption must be disclosed, it recognizes that events or conditions exist that may raise significant doubt about the going concern assumption and intends to determine whether the situation has been resolved during the full fiscal year.」
Operating income, ordinary income and quarterly net income remained positive, while events and conditions giving rise to significant doubt continue to exist, and the company states that it will determine whether they have been resolved during the full fiscal year. - FY2018MitigatedAnnual report
「In the current consolidated fiscal year, the group recorded operating income of ¥20 million, ordinary income of ¥28 million and net income attributable to owners of the parent of ¥71 million, and cash flows from operating and investing activities increased. Accordingly, the group’s performance is showing an improving trend. As of the end of the current consolidated fiscal year, although the group has not reached the point where a note regarding the going concern assumption must be disclosed, it recognizes that events or conditions exist that may raise significant doubt about the going concern assumption.」
The group recorded operating income, ordinary income and net income attributable to owners of the parent for the full fiscal year, and cash flows from operating and investing activities also increased, further mitigating the material events through improved performance. However, the company states that events and conditions giving rise to significant doubt still exist. - FY2018-Q3MitigatedAnnual report
「In the current third-quarter cumulative consolidated period, the group recorded operating income of ¥32 million, ordinary income of ¥40 million and quarterly net income attributable to owners of the parent of ¥85 million, indicating an improving trend in performance. As of the end of the current third-quarter cumulative consolidated period, although the group has not reached the point where a note regarding the going concern assumption must be disclosed, it recognizes that events or conditions exist that may raise significant doubt about the going concern assumption and intends to determine whether the situation has been resolved during the full fiscal year.」
The company recorded operating income, ordinary income and quarterly net income attributable to owners of the parent, and the improving trend in performance continued through the third-quarter cumulative period. However, events and conditions giving rise to significant doubt still exist, and the company states that it will determine whether they have been resolved during the full fiscal year. - FY2018-Q2MitigatedAnnual report
「In the current second-quarter cumulative consolidated period, the group recorded operating income of ¥33 million, ordinary income of ¥36 million and quarterly net income attributable to owners of the parent of ¥66 million, indicating an improving trend in performance. As of the end of the current second-quarter cumulative consolidated period, although the group has not reached the point where a note regarding the going concern assumption must be disclosed, it recognizes that events or conditions exist that may raise significant doubt about the going concern assumption.」
The company recorded operating income, ordinary income and quarterly net income attributable to owners of the parent, turning profitable from losses in the same period of the previous year, and states that performance is improving. However, events and conditions giving rise to significant doubt still exist. - FY2018-Q1MitigatedAnnual report
「The group recorded an operating loss of ¥87 million, an ordinary loss of ¥149 million and a net loss attributable to owners of the parent of ¥125 million in the previous consolidated fiscal year. However, cash flows from operating and investing activities increased, and cash and cash equivalents increased by ¥239 million. In the current first-quarter cumulative consolidated period, the group recorded operating income of ¥2 million, ordinary income of ¥1 million and quarterly net income attributable to owners of the parent of ¥0.25 million, indicating an improving trend in performance. As of the end of the current first-quarter cumulative consolidated period, although the group has not reached the point where a note regarding the going concern assumption must be disclosed, it recognizes that events or conditions exist that may raise significant doubt about the going concern assumption and intends to determine whether the situation has been resolved during the full fiscal year.」
The company recorded operating income, ordinary income and quarterly net income attributable to owners of the parent, and describes performance as improving, so the risk associated with the material events has been partly reduced. However, events and conditions giving rise to significant doubt still exist, and the company states that it will determine whether they have been resolved during the full fiscal year. - FY2017RestatedAnnual report
「In the current consolidated fiscal year, the company recorded an operating loss of ¥87 million, an ordinary loss of ¥149 million and a net loss attributable to owners of the parent of ¥125 million. As a result, although this has not reached the point where a note regarding the going concern assumption must be disclosed, events or conditions exist that may raise significant doubt about the going concern assumption.」
Following the previous consolidated fiscal year, the company recorded an operating loss, ordinary loss and net loss attributable to owners of the parent, and continues to disclose the existence of material events. However, this has not reached the point of requiring a note regarding the going concern assumption. - FY2017-Q3RestatedAnnual report
「In the previous consolidated fiscal year, the company recorded an operating loss of ¥216 million, an ordinary loss of ¥195 million and a net loss attributable to owners of the parent of ¥200 million. In the current third-quarter cumulative consolidated period, it recorded an operating loss of ¥76 million, an ordinary loss of ¥199 million and a quarterly net loss attributable to owners of the parent of ¥203 million. As a result, although this has not reached the point where a note regarding the going concern assumption must be disclosed, events or conditions exist that may raise significant doubt about the going concern assumption.」
Although this has not reached the point of requiring a note regarding the going concern assumption, the company states that events and conditions giving rise to significant doubt continue to exist. - FY2017-Q2RestatedAnnual report
「Although this has not reached the point where a note regarding the going concern assumption must be disclosed, events or conditions exist that may raise significant doubt about the going concern assumption.」
In light of the operating loss, ordinary loss and net loss attributable to owners of the parent recorded in the previous consolidated fiscal year and the current second-quarter cumulative consolidated period, the company continues to disclose the existence of material events. - FY2017-Q1First statedAnnual report
「Events or conditions exist that raise substantial doubt about the going-concern assumption.」
This is the first disclosure of a material event, citing operating loss, ordinary loss and net loss for the previous fiscal year and the cumulative first quarter of the current consolidated fiscal year.