Early Resolution and Improvement of Uncertainties Regarding the Going Concern Assumption
First written in FY2017-Q1. 7 of 16 entries say "Restated". Latest entry: 2026-04-28.
The whole theme swung hardest in 2020: 2 of 6 companies on the "Worse" side.
0 other companies' latest entry also says "Cited as achieved".
- 2026-04-28Cited as achievedGeneral Meetings of Shareholders
「Against the backdrop of a solid earnings base, we will make more active investments than ever before, both in physical and non-physical areas, in various initiatives aimed at sustainable growth.」
The company describes an environment for accelerating growth investment based on an earnings base following the resolution of doubts regarding the going-concern assumption. - FY2020-Q3SoftenedAnnual report
「Because our group had recorded operating losses continuously since the fiscal year ended February 2015, we disclosed that events or circumstances existed that could raise significant doubt about the going concern assumption. To resolve this at an early stage, we worked to improve our earnings structure by increasing average daily sales through conversion to the “Lawson Three F” brand and reducing labor costs by recruiting voluntary retirees. As a result of these initiatives, we recorded operating income and quarterly net income attributable to owners of the parent for the nine months ended the third quarter. For the full fiscal year, we also expect to record operating income and net income attributable to owners of the parent.」
The company has maintained the absence of disclosure concerning significant events, etc. related to the going concern assumption, as well as the recording of operating income and quarterly net income attributable to owners of the parent on a cumulative quarterly basis. Meanwhile, the full-year outlook has been weakened from the previous quarter’s expectation of “further growth in operating income and net income attributable to owners of the parent” to an expectation of merely “recording” those items. - FY2020-Q2RestatedAnnual report
「As a result of these initiatives, we recorded operating income and quarterly net income attributable to owners of the parent for the six months ended the second quarter. For the full fiscal year, we also expect further growth in operating income and net income attributable to owners of the parent.」
The company has maintained its explanation that it removed the disclosure concerning significant events, etc. related to the going concern assumption by continuing to improve its earnings structure through brand conversions and labor-cost reductions from voluntary retirements. - FY2020-Q1AchievedAnnual report
「Based on the circumstances described above, we have determined that no events or circumstances that could raise significant doubt about the going concern assumption currently exist and have removed the disclosure concerning “Significant Events, etc. Related to the Going Concern Assumption.”」
As a result of proceeding with conversion to Lawson Three F and reducing labor costs through voluntary retirements, the company removed the disclosure concerning significant events, etc. related to the going concern assumption. - FY2019RestatedAnnual report
「However, as described in “3 [Management’s Analysis of Financial Position, Operating Results and Cash Flows] (Analysis and Consideration of Operating Results and Other Matters from Management’s Perspective) (6) Measures to Resolve Significant Events, etc. Described under Business Risks,” we have determined that no material uncertainty exists regarding the going concern assumption because we are taking specific measures to promptly resolve or improve these events or circumstances.」
The company has reiterated its explanation that, although it recognizes circumstances that could raise significant doubt about the going concern assumption, no material uncertainty exists because of the specific measures being taken. - FY2019-Q3RestatedAnnual report
「However, as described in “3. Analysis of Financial Position, Operating Results and Cash Flows, (5) Measures to Resolve Material Events, etc. Described under Business Risks,” we have determined that no material uncertainty exists regarding the going-concern assumption because we are taking specific measures to promptly resolve or improve these events or conditions.」
The company has reiterated its explanation that, although it recognizes significant doubt regarding the going concern assumption, no material uncertainty exists because it is taking specific measures. - FY2019-Q2RestatedAnnual report
「However, as described in “3 [Analysis of Financial Position, Operating Results and Cash Flows] (6) Measures to Resolve Significant Events, etc. Described under Business Risks,” we have determined that no material uncertainty exists regarding the going concern assumption because we are taking specific measures to promptly resolve or improve these events or circumstances.」
The company has reiterated its explanation that, although it recognizes significant doubt regarding the going concern assumption, no material uncertainty exists because it is taking specific measures. - FY2019-Q1AdvancedAnnual report
「We converted the brands of 63 stores operating as “Three F” in the Tokyo and Kanagawa areas and began operating them under the new “Lawson Three F” brand. As a result, the total number of “Lawson Three F” stores at the end of the first quarter was 351.」
As a measure to resolve and improve doubts regarding the going concern assumption, 63 stores in the Tokyo and Kanagawa areas were converted, bringing the number of dual-brand stores to 351. - FY2018AdvancedAnnual report
「As a result, from August 2017 through February 2018, we converted 197 stores to the “Lawson Three F” brand, plus 63 stores in March 2018, for a total of 260 stores, and completed preparations for withdrawing from franchise headquarters operations and downsizing headquarters functions, including closing stores not subject to conversion and introducing a voluntary retirement program.」
As a response to doubts regarding the going concern assumption, 197 stores had been converted by February 2018, and a total of 260 stores including those converted in March 2018, while preparations for closing stores not subject to conversion and downsizing headquarters functions had been completed. - FY2018-Q3AdvancedAnnual report
「As part of this business development, we prepared to convert 60 stores to the “Lawson-Three F” brand by the end of November, while also preparing to withdraw from franchise headquarters operations and reduce headquarters functions through measures including closing stores not subject to conversion and introducing a voluntary retirement program.」
As a response to substantial doubts regarding going concern, the number of stores converted to the dual-brand format reached 60 by the end of November, while preparations also progressed to close stores outside the conversion scope and reduce headquarters functions. - FY2018-Q2AdvancedAnnual report
「As part of this business development, we prepared to convert 6 stores to the “Lawson-Three F” brand by the end of August, while also preparing to withdraw from franchise headquarters operations and reduce headquarters functions through measures including closing stores not subject to conversion and introducing a voluntary retirement program.」
As measures to resolve or improve substantial doubts regarding going concern, 6 stores were converted to the dual-brand format by the end of August, and preparations progressed for withdrawing from franchise headquarters operations and reducing headquarters functions. - FY2018-Q1AdvancedAnnual report
「However, under the business integration agreement and absorption-type company split agreement entered into with Lawson, 281 of the stores operating under the “Three F,” “q’s mart” and “gooz” brands will be converted to the dual-brand “Lawson-Three F.” Because the Company expects to receive consideration by transferring to Lawson some of the assets, rights and obligations it holds at the target stores, it believes that it will face no funding difficulties.」
As a response to substantial doubts regarding going concern, the Company identified the conversion of 281 stores to the dual-brand format and the consideration received for transferring assets, rights and obligations as specific measures to avoid funding difficulties. - FY2017RestatedAnnual report
「In addition, as described in “3. Matters to Be Addressed,” the Company will work to improve its earnings structure by converting stores to the “Lawson-Three F” brand in order to promptly resolve or improve events or conditions that may raise substantial doubts regarding its ability to continue as a going concern.」
The Company has maintained its policy of promptly resolving or improving substantial doubts regarding going concern and has identified the conversion to Lawson-Three F as a specific measure to improve its earnings structure. - FY2017-Q3RestatedAnnual report
「However, as described in “3. Analysis of Financial Position, Operating Results and Cash Flows, (5) Measures to Resolve Material Events, etc. Described under Business Risks,” we have determined that no material uncertainty exists regarding the going-concern assumption because we are taking specific measures to promptly resolve or improve these events or conditions.」
The goal and policy of taking specific measures to promptly resolve or improve substantial doubts regarding going concern have been maintained. - FY2017-Q2RestatedAnnual report
「In addition, the Company will undertake the following measures to promptly resolve or improve events or conditions that may raise substantial doubts regarding its ability to continue as a going concern.」
The goal of promptly resolving or improving substantial doubts regarding going concern has been maintained, and the policy of implementing countermeasures has been reiterated. - FY2017-Q1First statedAnnual report
「In addition, the Company will undertake the following measures to promptly resolve or improve events or conditions that may raise substantial doubts regarding its ability to continue as a going concern.」
The Company has set a goal of promptly resolving or improving substantial doubts regarding its ability to continue as a going concern and achieving earnings improvement.