Removal of Disclosure of Material Events or Conditions Relating to Going Concern
株式会社東京通信グループ (the Company) and the Group as a whole
Media business, existing businesses, unprofitable businesses, and the 3 reporting segments
The earnings base centered on the existing businesses was strengthened as a result of reviewing the earnings structure, including the prioritized allocation of management resources to highly profitable existing businesses and the streamlining of unprofitable businesses. In addition, the trend of improvement continued during the current interim consolidated accounting period, and each business performed steadily.
Current interim consolidated accounting period (the elimination was determined as of the end of the current interim consolidated accounting period)
The Company will continue to make every effort to further enhance corporate value.
| Item | Details |
|---|---|
| Event name | Removal of Disclosure of Material Events or Conditions Relating to Going Concern |
| Date of occurrence | End of the current interim consolidated accounting period (specific date: Not disclosed) |
| Subject Entity | 株式会社東京通信グループ (the Company) and the Group as a whole |
| Target Locations / Products | Media business, existing businesses, unprofitable businesses, and the 3 reporting segments |
| Cause | The earnings base centered on the existing businesses was strengthened as a result of reviewing the earnings structure, including the prioritized allocation of management resources to highly profitable existing businesses and the streamlining of unprofitable businesses. In addition, the trend of improvement continued during the current interim consolidated accounting period, and each business performed steadily. |
| Accounting period in which recognized | Current interim consolidated accounting period (the elimination was determined as of the end of the current interim consolidated accounting period) |
| Outlook | The Company will continue to make every effort to further enhance corporate value. |
Items this document does not state (18)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.The earnings base was strengthened as a result of reviewing the earnings structure by allocating management resources primarily to highly profitable existing businesses and streamlining unprofitable businesses. In addition to returning to profitability and achieving record-high profit in the previous consolidated fiscal year, the trend of improvement continued during the current interim consolidated accounting period, with quarterly sales in the media business reaching a record high and operating profit increasing by double digits year on year in all 3 reporting segments.