Material doubt about the going-concern assumption
First written in FY2016. 4 of 8 entries say "Mitigated", first in FY2017-Q1. Latest entry: FY2018.
The whole theme swung hardest in 2025: 28 of 56 companies on the "Worse" side.
24 other companies' latest entry also says "Dropped".
- FY2018DroppedAnnual report
「Revenue in the domestic restaurant business was ¥48,325 million (102.2% of the prior fiscal year), and segment profit was ¥555 million (compared with a ¥229 million loss in the prior fiscal year), marking a return to profitability for the first time in 5 fiscal years.」
The FY2018 securities report contains no apparent disclosure of material doubt related to the going-concern assumption, and the main businesses, including the domestic restaurant business, returned to profitability. - FY2018-Q3MitigatedAnnual report
「In the first 9 months of the current consolidated fiscal year, the Group recorded quarterly net profit attributable to owners of the parent of ¥317 million, while the domestic restaurant business recorded operating profit of ¥278 million. However, the achievement of profitability for the consolidated fiscal year may vary depending on the performance trend through the end of the fiscal year. These circumstances give rise to events or conditions that may raise substantial doubt about the Group's ability to continue as a going concern. However, as stated in "II. Business Overview, 3. Analysis of Financial Position, Operating Results and Cash Flows (7)," the Company has determined that no material uncertainty related to the going-concern assumption is recognized because it is taking measures to resolve or improve these events or conditions.」
Material events related to the going-concern assumption remain, but the Group recorded quarterly net profit attributable to owners of the parent of ¥317 million and operating profit of ¥278 million in the domestic restaurant business. The Company continues to conclude that no material uncertainty is recognized. - FY2018-Q2MitigatedAnnual report
「In the first 6 months of the current consolidated fiscal year, the Group recorded a quarterly net loss attributable to owners of the parent of ¥241 million, while the domestic restaurant business recorded an operating loss of ¥84 million. These circumstances give rise to events or conditions that may raise substantial doubt about the Group's ability to continue as a going concern. However, as stated in "II. Business Overview, 3. Analysis of Financial Position, Operating Results and Cash Flows (7) Material Events Related to the Going-Concern Assumption," the Company has determined that no material uncertainty related to the going-concern assumption is recognized because it is taking measures to resolve or improve these events or conditions.」
Material events and losses continue, but the quarterly net loss attributable to owners of the parent narrowed from ¥1,356 million in the prior-year period to ¥241 million, and the operating loss in the domestic restaurant business narrowed from ¥867 million to ¥84 million. Ordinary profit was ¥156 million, and the Company continues to conclude that no material uncertainty is recognized. - FY2018-Q1WorsenedAnnual report
「The Group recorded a net loss attributable to owners of the parent of ¥1,833 million in the prior consolidated fiscal year. Excluding the extraordinary gain of ¥15,126 million from the sale of shares in Watami's nursing care business in the fiscal year before that, this resulted in net losses attributable to owners of the parent for 4 consecutive fiscal years. In addition, the Group's core domestic restaurant business recorded an operating loss of ¥221 million in the prior consolidated fiscal year, resulting in operating losses for 4 consecutive fiscal years. In the first quarter of the current consolidated fiscal year, the Group recorded a quarterly net loss attributable to owners of the parent of ¥208 million, while the domestic restaurant business recorded an operating loss of ¥67 million.」
Material events related to the going-concern assumption remain, and the net loss attributable to owners of the parent was effectively recorded for the 4th consecutive fiscal year; the domestic restaurant business also recorded an operating loss for the 4th consecutive fiscal year. The Company continues to conclude that no material uncertainty is recognized due to the measures being taken. - FY2017-Q3MitigatedAnnual report
「In the first 9 months of the current consolidated fiscal year, the Company recorded ordinary profit of ¥288 million, but whether it will achieve ordinary profitability by the end of the consolidated fiscal year depends on the performance trend in the fourth quarter. The domestic restaurant business also recorded an operating loss of ¥481 million.」
Material events remain, and the domestic restaurant business continues to report an operating loss, but ordinary profit for the cumulative period was ¥288 million, indicating progress from the measures being taken. Full-year profitability depends on fourth-quarter performance. - FY2017-Q2RestatedAnnual report
「In the first 6 months of the current consolidated fiscal year, the Company also recorded an ordinary loss of ¥926 million, while the domestic restaurant business recorded an operating loss of ¥868 million. These circumstances give rise to events or conditions that may raise substantial doubt about the Company's ability to continue as a going concern. However, as stated in "II. Business Overview, 3. Analysis of Financial Position, Operating Results and Cash Flows (6)," the Company has determined that no material uncertainty related to the going-concern assumption is recognized because it is taking measures to resolve or improve these events or conditions.」
The ordinary loss, operating loss in the domestic restaurant business and material events continue, but the Company continues to conclude that no material uncertainty is recognized due to the measures being taken. - FY2017-Q1MitigatedAnnual report
「In the first quarter of the current consolidated fiscal year, the Company also recorded an ordinary loss of ¥568 million, while the domestic restaurant business recorded an operating loss of ¥438 million. These circumstances give rise to events or conditions that may raise substantial doubt about the Company's ability to continue as a going concern. However, as stated in "II. Business Overview, 3. Analysis of Financial Position, Operating Results and Cash Flows (6)," the Company has determined that no material uncertainty related to the going-concern assumption is recognized because it is taking measures to resolve or improve these events or conditions.」
Material events related to the going-concern assumption continue, but the ordinary loss narrowed from ¥1,245 million in the prior-year period to ¥568 million, and the operating loss in the domestic restaurant business narrowed from ¥503 million to ¥438 million. The Company continues to conclude that no material uncertainty is recognized. - FY2016First statedAnnual report
「However, the Company recorded an ordinary loss of ¥1,132 million for the consolidated fiscal year, resulting in ordinary losses for 2 consecutive fiscal years. In addition, the Group's core domestic restaurant business recorded an operating loss of ¥1,535 million for the consolidated fiscal year, resulting in operating losses for 3 consecutive fiscal years. These circumstances give rise to events or conditions that may raise substantial doubt about the Company's ability to continue as a going concern.」
While the filing describes the recorded losses and material events related to the going-concern assumption as circumstances that have actually occurred, it concludes that no material uncertainty is recognized due to the measures being taken.