Repayment of Interest-Bearing Debt Through a Return to Profitability
First written in FY2016-Q3. 14 of 36 entries say "Advanced", first in FY2018-Q2. Latest entry: FY2026-H1.
Revolution moved to the "Worse" side of this theme in 2022, 1 year before the typical company in this theme (2023).
43 other companies' latest entry also says "Advanced".
- FY2026-H1AdvancedAnnual report
「As a result, for the six-month consolidated accounting period, net sales were ¥12,542 million, down 12.0% year on year; operating income was ¥1,363 million, compared with an operating loss of ¥3,124 million in the previous six-month consolidated accounting period; ordinary income was ¥923 million, compared with an ordinary loss of ¥3,080 million; and the interim loss attributable to owners of the parent was ¥1,056 million, compared with an interim loss attributable to owners of the parent of ¥17,141 million.」
The company returned to operating income and ordinary income, and the interim loss attributable to owners of the parent also narrowed substantially. However, final profit or loss remains a loss, and the statements do not indicate completion of the overall theme of financial improvement and repayment through a return to profitability. - 2026-03-16AdvancedEarnings
「Net sales were ¥6,743 million (up 11.3% year on year), operating income was ¥344 million (operating loss of ¥2,831 million in the same quarter of the previous year), and ordinary income was ¥46 million (ordinary loss of ¥3,153 million in the same quarter of the previous year).」
Regarding the theme of financial improvement and repayment through a return to profitability, quarterly operating income and ordinary income were positive. No repayment was reported. - FY2025WorsenedAnnual report
「As a result, for the fiscal year, net sales were ¥34,570 million, up 521.1% year on year; the operating loss was ¥4,150 million, compared with operating income of ¥333 million in the previous fiscal year; the ordinary loss was ¥3,434 million, compared with ordinary income of ¥331 million; and the loss attributable to owners of the parent was ¥17,232 million, compared with profit attributable to owners of the parent of ¥296 million.」
Although net sales increased substantially, the company moved from operating income, ordinary income, and profit attributable to owners of the parent to losses in each category. Annual performance toward the objective of financial improvement and repayment through a return to profitability has deteriorated. - FY2025-H1WorsenedAnnual report
「As a result, for the six-month consolidated accounting period, net sales were ¥14,251 million, compared with ¥400 million in the previous six-month consolidated accounting period; the operating loss was ¥3,124 million, compared with an operating loss of ¥189 million; the ordinary loss was ¥3,080 million, compared with an ordinary loss of ¥193 million; and the interim loss attributable to owners of the parent was ¥17,141 million, compared with an interim loss attributable to owners of the parent of ¥196 million.」
Although net sales increased, the operating loss, ordinary loss, and interim loss attributable to owners of the parent widened substantially from the previous period, setting back the performance aspect of the theme of financial improvement and repayment through a return to profitability. - FY2024AdvancedAnnual report
「For the fiscal year, net sales were ¥5,566 million, up 131.6% year on year; ... operating income was ¥333 million, compared with an operating loss of ¥415 million in the previous fiscal year; ordinary income was ¥331 million, compared with an ordinary loss of ¥408 million; and profit attributable to owners of the parent was ¥296 million, compared with a loss attributable to owners of the parent of ¥372 million in the previous fiscal year.」
The company moved from an operating loss, ordinary loss, and net loss in the previous fiscal year to profits at each level in the current fiscal year. Although the annual results indicate progress toward the theme of financial improvement and repayment through a return to profitability, they do not show that profitability has been achieved for two consecutive fiscal years. - FY2024-Q2WorsenedAnnual report
「As a result, for the six months ended the second quarter of the current fiscal year, net sales were ¥400 million, up 13.1% year on year; the operating loss was ¥189 million, compared with an operating loss of ¥167 million in the same period of the previous year; the ordinary loss was ¥193 million, compared with an ordinary loss of ¥164 million; and the loss attributable to owners of the parent was ¥196 million, compared with a loss attributable to owners of the parent of ¥166 million.」
While net sales increased year on year, the operating loss, ordinary loss, and loss attributable to owners of the parent all widened from the same quarter of the previous year. The performance aspect of the theme of repayment through a return to profitability has deteriorated. - FY2024-Q1AdvancedAnnual report
「At the same time, the company significantly cut unnecessary costs and limited expenditures to those that contribute to sales and profits. In the real estate business, while proceeding with the sale of properties acquired by the former management as part of the Zekkei Japan project, it acquired properties for sale as the first project under the new management structure.」
With the launch of the new management structure, the company proceeded with cost reductions, the sale of properties from the Zekkei Japan project, and the acquisition of new properties for sale. The operating loss narrowed from ¥116.61 million in the previous year to ¥106.72 million, but the company has not yet returned to profitability or reached the point of repaying debt from profits. - FY2023WorsenedAnnual report
「The group achieved a final profit in both its consolidated and non-consolidated results in the 36th fiscal year. Although it achieved a final profit in the 37th fiscal year, it recorded an operating loss, and it went on to record a final loss in the 38th fiscal year. Its earnings profile therefore cannot be described as capable of generating stable profits.」
In the 38th fiscal year, the loss attributable to owners of the parent was ¥372.673 million and the operating loss was ¥415.142 million, setting back the performance aspect of the theme of repayment and financial improvement through a return to profitability from the previous fiscal year. - FY2023-Q3AdvancedAnnual report
「As a result, for the nine months ended the third quarter of the current fiscal year, net sales were ¥2,321 million, up 263.6% year on year; the operating loss was ¥196 million, compared with an operating loss of ¥257 million in the same period of the previous year; the ordinary loss was ¥194 million, compared with an ordinary loss of ¥245 million; and the loss attributable to owners of the parent was ¥201 million, compared with a loss attributable to owners of the parent of ¥288 million.」
The operating loss, ordinary loss, and loss attributable to owners of the parent all narrowed from the same quarter of the previous year. However, the company has not yet returned to profitability or reached the point of repaying interest-bearing debt from profits. - FY2023-Q2WorsenedAnnual report
「As a result, for the six months ended the second quarter of the current fiscal year, net sales were ¥354 million, down 16.2% year on year; the operating loss was ¥167 million, compared with an operating loss of ¥110 million in the same period of the previous year; the ordinary loss was ¥164 million, compared with an ordinary loss of ¥98 million; and the loss attributable to owners of the parent was ¥166 million, compared with a loss attributable to owners of the parent of ¥139 million.」
Net sales declined from the same quarter of the previous year, while the operating loss, ordinary loss, and loss attributable to owners of the parent all widened. The performance aspect of the theme of repayment through a return to profitability has deteriorated further from the previous quarter. - FY2023-Q1WorsenedAnnual report
「As a result, for the three months ended the first quarter of the current fiscal year, net sales were ¥117 million, down 33.8% year on year; the operating loss was ¥116 million, compared with an operating loss of ¥59 million in the same period of the previous year; the ordinary loss was ¥116 million, compared with an ordinary loss of ¥53 million; and the loss attributable to owners of the parent was ¥117 million, compared with a loss attributable to owners of the parent of ¥54 million.」
The operating loss, ordinary loss, and loss attributable to owners of the parent all widened from the same period of the previous year, further setting back the performance aspect of the objective of financial improvement and repayment through a return to profitability. - FY2022WorsenedAnnual report
「As a result, for the fiscal year, net sales were ¥2,026 million, up 85.8% year on year; the operating loss was ¥69 million, compared with operating income of ¥206 million in the previous fiscal year; the ordinary loss was ¥67 million, compared with ordinary income of ¥243 million; and profit attributable to owners of the parent was ¥3 million, down 98.8% year on year.」
Although net sales increased, the company moved from operating income and ordinary income to an operating loss and ordinary loss, setting back the performance aspect of the theme of financial improvement and repayment through a return to profitability. - FY2022-Q3WorsenedAnnual report
「As a result, for the nine months ended the third quarter of the current fiscal year, net sales were ¥638 million, down 28.8% year on year; the operating loss was ¥257 million, compared with operating income of ¥210 million in the same period of the previous year; the ordinary loss was ¥245 million, compared with ordinary income of ¥239 million; and the loss attributable to owners of the parent was ¥288 million, compared with profit attributable to owners of the parent of ¥209 million.」
The company moved from operating income, ordinary income, and profit attributable to owners of the parent in the same period of the previous year to losses at each level during the nine months ended the third quarter of the current fiscal year. Losses also widened from the six months ended the second quarter, further setting back the performance aspect of the objective of repayment through a return to profitability. - FY2022-Q2WorsenedAnnual report
「As a result, in the cumulative second quarter of the current consolidated fiscal year, net sales were ¥422 million, down 28.9% from the same quarter of the previous fiscal year; operating loss was ¥110 million, compared with operating income of ¥170 million; ordinary loss was ¥98 million, compared with ordinary income of ¥190 million; and quarterly net loss attributable to owners of the parent was ¥139 million, compared with quarterly net income attributable to owners of the parent of ¥163 million.」
The company swung from operating income, ordinary income, and profit attributable to owners of the parent in the same quarter of the previous year to an operating loss, ordinary loss, and loss attributable to owners of the parent, setting back the performance aspect of the theme of repayment through a return to profitability. - FY2022-Q1WorsenedAnnual report
「As a result, in the cumulative first quarter of the current consolidated fiscal year, net sales were ¥177 million, down 46.3% from the same quarter of the previous fiscal year; operating loss was ¥59 million, compared with operating income of ¥124 million; ordinary loss was ¥53 million, compared with ordinary income of ¥142 million; and quarterly net loss attributable to owners of the parent was ¥54 million, compared with quarterly net income attributable to the parent of ¥122 million.」
The Company went from operating income, ordinary income, and quarterly net income attributable to owners of the parent in the same period of the previous fiscal year to an operating loss, ordinary loss, and quarterly net loss in the cumulative first quarter of the current fiscal year, indicating a deterioration in operating performance with respect to the objective of repaying debt through a return to profitability. - FY2021-Q3AdvancedAnnual report
「As a result, in the cumulative third quarter of the current consolidated fiscal year, net sales were ¥896 million, up 57.0% from the same quarter of the previous fiscal year; operating income was ¥210 million, compared with an operating loss of ¥20 million in the same quarter of the previous fiscal year; ordinary income was ¥239 million, compared with an ordinary loss of ¥25 million; and quarterly net income attributable to owners of the parent was ¥209 million, compared with a quarterly net loss attributable to owners of the parent of ¥26 million.」
Regarding the objective of improving the financial position and repaying debt through a return to profitability, the Company recorded operating income of ¥210.38 million, ordinary income of ¥239.73 million, and quarterly net income attributable to owners of the parent of ¥209.85 million in the cumulative third quarter of the current consolidated fiscal year, maintaining profitability after recording losses in the same period of the previous fiscal year. - FY2021-Q2AdvancedAnnual report
「As a result, in the cumulative second quarter of the current consolidated fiscal year, net sales were ¥594 million, operating income was ¥170 million, ordinary income was ¥190 million, and quarterly net income attributable to owners of the parent was ¥163 million.」
In the cumulative second quarter of the current consolidated fiscal year, the Company recorded operating income of ¥170 million, ordinary income of ¥190 million, and quarterly net income attributable to owners of the parent of ¥163 million, representing operating progress toward improving the financial position and repaying debt through a return to profitability. - FY2021-Q1AdvancedAnnual report
「As a result, in the cumulative first quarter of the current consolidated fiscal year, net sales were ¥330 million, operating income was ¥124 million, ordinary income was ¥142 million, and quarterly net income attributable to owners of the parent was ¥122 million.」
In the cumulative first quarter of the current consolidated fiscal year, the Company recorded operating income of ¥124.793 million, ordinary income of ¥142.269 million, and quarterly net income attributable to owners of the parent of ¥122.769 million, representing concrete operating progress toward improving the financial position and repaying debt through a return to profitability. - FY2020WorsenedAnnual report
「From an operating perspective, the Company recorded an operating loss for the first time in 3 fiscal years, and recorded ordinary losses and net losses for 3 consecutive fiscal years.」
Although the debt restructuring and funding-related issue concerning the Company's ability to continue operating have been resolved, it returned to an operating loss, while ordinary losses and net losses reached 3 consecutive fiscal years. Operating performance has deteriorated with respect to the objective of repaying debt and improving the financial position through a return to profitability. - FY2020-Q3RestatedAnnual report
「However, not all interest-bearing debt has been eliminated, and the Company has not generated stable profits sufficient to cover interest payments. It therefore recognizes that events or circumstances giving rise to significant doubt about its ability to continue as a going concern still exist.」
Although debt subject to loss of the benefit of time and similar debt has been resolved, the Company reiterates its recognition that it has not reached a position in which the remaining interest-bearing debt can be repaid from stable profits sufficient to cover interest payments. - FY2020-Q2WorsenedAnnual report
「As a result, in the cumulative second quarter of the current fiscal year, net sales were ¥393 million, up 1.6% from the same quarter of the previous fiscal year; operating loss was ¥8 million, compared with operating income of ¥19 million in the same quarter of the previous fiscal year; ordinary loss was ¥20 million, compared with ordinary income of ¥14 million; and quarterly net loss was ¥21 million, compared with a quarterly net loss of ¥56 million.」
The Company went from operating income in the same quarter of the previous fiscal year to an operating loss, indicating a deterioration in the cumulative second quarter of the current fiscal year against the objective of repaying debt through a return to profitability. - FY2020-Q1WorsenedAnnual report
「The Company recorded operating income of ¥18.343 million in the previous fiscal year, but recorded an operating loss of ¥29.060 million in the cumulative first quarter of the current fiscal year.」
Although the Company recorded operating income in the previous fiscal year, it recorded an operating loss in the cumulative first quarter of the current fiscal year, indicating a deterioration in operating performance with respect to the objective of improving its financial position and repaying debt through a return to profitability. - FY2019AdvancedAnnual report
「From an operating perspective, although the Company recorded operating income for 2 consecutive fiscal years, it recorded an ordinary loss and a net loss for the fiscal year. It considers stabilizing profitability and further continuing and developing the business to expand profits to be important ongoing challenges.」
The Company recorded operating income for 2 consecutive fiscal years, but recorded an ordinary loss and a net loss. It continues to identify the stabilization of profitability and expansion of profits as challenges. - FY2019-Q3AdvancedAnnual report
「The Company recorded operating income of ¥26.578 million in the previous fiscal year and also recorded operating income of ¥4.797 million in the cumulative third quarter of the current fiscal year. From a financial perspective, during the third quarter of the current fiscal year, interest-bearing debt for which the benefit of time had been lost or repayment had been deferred was eliminated through repayments, contributions in kind (debt-equity swaps), and debt waivers.」
The Company continued to record operating income, and interest-bearing debt for which the benefit of time had been lost or repayment had been deferred was eliminated through repayments, debt-equity swaps, and debt waivers. However, stable profitability has not yet been secured. - FY2019-Q2AdvancedAnnual report
「Although operating income and ordinary income were positive for 2 consecutive fiscal years, the Company recorded a quarterly net loss due to costs associated with an extraordinary general meeting of shareholders and, among other factors, a special loss arising from the difference between the debt recognized by the Company and the amount agreed for repayment with creditors.」
Although the Company recorded a quarterly net loss due to a special loss, it recorded operating income and ordinary income for 2 consecutive fiscal years. - FY2019-Q1WorsenedAnnual report
「As a result, in the cumulative first quarter of the current fiscal year, net sales were ¥175 million, down 24.4% from the same quarter of the previous fiscal year; operating loss was ¥3 million, compared with an operating loss of ¥3 million in the same quarter of the previous fiscal year; ordinary loss was ¥9 million, compared with an ordinary loss of ¥8 million; and quarterly net loss was ¥79 million, compared with a quarterly net loss of ¥8 million.」
Although the Company recorded operating income in the previous fiscal year, it returned to an operating loss in the current first quarter, stating that its performance in the most recent quarter had deteriorated with respect to the objective of repaying debt through a return to profitability. - FY2018AdvancedAnnual report
「Going forward, to achieve profitability for 2 consecutive fiscal years and further develop the business, we will promote operations with a streamlined workforce, concentrate management resources on the real estate development business and real estate leasing and management business, and pursue efficient organizational management.」
The Company achieved profitability in the current fiscal year and set profitability for 2 consecutive fiscal years as its next target. While indicating that it will concentrate management resources on maintaining profitability, it also plans to combine financing through stock acquisition rights to repay debt. - FY2018-Q3AdvancedAnnual report
「Under these circumstances, following approval at the 32nd Annual General Meeting of Shareholders held on 26 January 2018, the Company transitioned to a company with an audit and supervisory committee and adopted a new management structure. It proceeded to restructure each business, change the organization, and maximize operating efficiency with the aim of returning to profitability. As a result, in the cumulative third quarter of the current fiscal year, net sales were ¥672 million, operating income was ¥32 million, ordinary income was ¥16 million, and quarterly net income was ¥17 million. The return to profitability as of the third quarter was the first in approximately 8 years, since the third-quarter results for the 25th fiscal year, for the fiscal year ended November 2010.」
As a result of restructuring each business and changing the organization, the Company recorded operating income, ordinary income, and quarterly net income for the cumulative third quarter, marking its first return to profitability as of the third quarter in approximately 8 years. - FY2018-Q2AdvancedAnnual report
「Under these circumstances, following approval at the 32nd Annual General Meeting of Shareholders held on 26 January 2018, the Company transitioned to a company with an audit and supervisory committee and adopted a new management structure. It proceeded to restructure each business and maximize operating efficiency with the aim of returning to profitability. As a result, in the cumulative second quarter of the current fiscal year, net sales were ¥456 million, operating income was ¥24 million, ordinary income was ¥13 million, and quarterly net income was ¥13 million. The return to profitability as of the second quarter was the first in approximately 8 years, since the second-quarter results for the 25th fiscal year, in August 2010.」
As a result of restructuring each business, the Company recorded operating income, ordinary income, and quarterly net income for the cumulative second quarter, marking its first return to profitability as of the second quarter in approximately 8 years. - FY2017-Q4RestatedAnnual report
「Although we have reduced interest-bearing debt by selling properties, selling any more properties that generate rental income would run counter to measures aimed at returning to profitability. We will therefore continue individual negotiations with financial institutions to obtain their cooperation in rebuilding the Company.」
The Company continues to pursue a policy of returning to profitability while maintaining rental income, and repaying interest-bearing debt and improving its financial position through negotiations with financial institutions. - FY2017-Q3RestatedAnnual report
「Although we have reduced interest-bearing debt by selling properties, selling any more properties that generate rental income would run counter to measures aimed at returning to profitability. We will therefore continue individual negotiations with financial institutions to obtain their cooperation in rebuilding the Company.」
The Company continues to pursue a policy of returning to profitability while maintaining rental income and improving its financial position through discussions with financial institutions. - FY2017RestatedAnnual report
「To achieve these improvements, we will secure a certain level of profit and continue negotiations to make repayments and interest payments.」
The Company continues to pursue a policy of securing a certain level of profit and making principal repayments and interest payments. - FY2017RestatedAnnual report
「To achieve these improvements, we will secure a certain level of profit and continue negotiations to make repayments and interest payments.」
The Company continues to pursue a policy of securing a certain level of profit and making principal repayments and interest payments through a return to profitability. - FY2017-Q1RestatedAnnual report
「Going forward, we will implement measures aimed at returning to profitability and plan to repay the debt from profits generated.」
The Company continues to pursue a policy of repaying interest-bearing debt through a return to profitability and the generation of profits. - FY2016-Q4RestatedAnnual report
「Going forward, we will implement measures aimed at returning to profitability and plan to repay the debt from profits generated.」
The Company continues to pursue a policy of repaying interest-bearing debt through a return to profitability and the generation of profits. - FY2016-Q3First statedAnnual report
「Going forward, we will implement measures aimed at returning to profitability and plan to repay the debt from profits generated.」
The Company indicates that it plans to repay interest-bearing liabilities through a return to profitability and the generation of profits, rather than through property sales.