Material Events Concerning the Going Concern Assumption and Risk of Continued Operating Losses
First written in FY2024-Q3. 4 of 9 entries say "Worsened", first in FY2025. Latest entry: 2026-08-14.
e-LogiT moved to the "Worse" side of this theme in 2025, 2 years after the typical company in this theme (2023).
The whole theme swung hardest in 2025: 26 of 48 companies on the "Worse" side.
20 other companies' latest entry also says "Restated".
- 2026-08-14RestatedOccurring Fact
「We have continued to report operating losses since the fiscal year ended March 2022, and also reported an operating loss for the cumulative first-quarter period.」
The company reaffirms the continuation of operating losses since the fiscal year ended March 2022 and the operating loss recorded in the first quarter. - FY2026WorsenedAnnual report
「We have reported operating losses since the fiscal year ended March 2022, and operating cash flow has also been negative for 3 consecutive fiscal years.」
Operating losses have continued since the fiscal year ended March 2022, and operating cash flow has been negative for 3 consecutive periods. Although working capital was secured through financing, profitability improvements remain in progress and material uncertainty continues. - FY2026-H1WorsenedAnnual report
「During the current interim accounting period, the Company recorded an operating loss, ordinary loss, and interim net loss, and events or conditions raising significant doubt about the going concern assumption exist. Measures to resolve these conditions are still being implemented, and material uncertainty regarding the going concern assumption is recognized at present.」
From a state in which the Company had determined in the previous fiscal year that the material events had been resolved, it now states that it recorded 3 losses during the current interim accounting period, that response measures are still being implemented, and that material uncertainty is recognized. - FY2025WorsenedAnnual report
「The Company has recorded operating losses consecutively since the fiscal year ended March 2022, and operating cash flow has also been negative for 2 consecutive periods.」
Although the Company had determined in the interim period that the material events had been resolved, it again states for the full fiscal year that events or conditions raising significant doubt about the going concern assumption exist, due to continuing operating losses since the fiscal year ended March 2022 and negative operating cash flow for 2 consecutive periods. - FY2025-H1MitigatedAnnual report
「In addition to the above, as a recovery in operating performance continues to be expected, the Company determined that, as of the end of the current interim accounting period, the events or conditions that raised significant doubt about the going concern assumption had been resolved. Accordingly, the section titled “(15) Material Events, etc. Regarding the Going Concern Assumption” included in the annual securities report for the previous fiscal year has disappeared.」
The Company determined that the material events arising from 3 consecutive periods of operating losses, negative net worth, and a substantial decline in cash and deposits had been resolved in light of the return to profitability in the interim period, fixed-cost reductions, and completion of payment for the third-party allotment. - FY2024MaterialisedAnnual report
「The Group recorded operating losses for 2 consecutive periods through the previous fiscal year and, in the current consolidated fiscal year, recorded a material operating loss, ordinary loss, and net loss attributable to owners of the parent. As a result, it was in a state of negative net worth at the end of the current consolidated fiscal year, and cash and deposits declined substantially. In light of these circumstances, conditions exist that raise significant doubt about the going concern assumption.」
In addition to operating losses for 2 consecutive periods through the previous fiscal year, the Company recorded a material loss in the current fiscal year, resulting in negative net worth and a substantial decline in cash and deposits. The Company has moved from a state in which no material uncertainty regarding the going concern assumption was recognized to one in which material uncertainty is recognized. - FY2024-Q3First statedAnnual report
「Because the Group recorded operating losses for 2 consecutive fiscal years through the previous fiscal year and has also recorded an operating loss for the cumulative third quarter of the current consolidated fiscal year, it recognizes that events or circumstances exist that raise significant doubt about the going-concern assumption.」
Following operating losses for 2 consecutive periods and an operating loss for the cumulative third quarter of the current consolidated fiscal year, the Company has newly specified events or conditions that raise significant doubt about the going concern assumption. However, it has determined that no material uncertainty exists regarding the going concern assumption, citing the continuation of relationships with financial institutions and other factors.