FIXER’s results for the fiscal year ended August 2026 showed a substantial year-on-year decline in revenue due to the completion of large-scale projects and delays in launching new businesses. Both operating and net losses widened, raising significant doubt about the going-concern assumption. For the fiscal year ending August 2027, the company plans to reduce losses through cost cuts.
According to FIXER’s earnings report for the fiscal year ended August 2026, revenue fell 21.6% year on year to ¥3.1 billion, mainly due to the completion of large-scale projects, including Expo-related projects, and delays in establishing the sales structure for Sovereign GaiXer. The operating loss was ¥2.3 billion, while the net loss attributable to owners of the parent was also ¥2.3 billion, with losses widening. Significant doubt has arisen regarding the going-concern assumption.
On the balance sheet, total assets fell 47.0% from the end of the previous fiscal year to ¥2.4 billion. Cash and deposits fell 61.0% to ¥1.2 billion, while notes and accounts receivable and contract assets fell 43.4% to ¥400 million. Work in process of ¥200 million was recorded. Net assets fell 51.1% to ¥1.9 billion, and retained earnings turned negative.
Cash flow from operating activities was negative ¥2.2 billion, deteriorating from negative ¥1.0 billion in the previous fiscal year. Investing activities resulted in only a small cash outflow, while financing activities generated a positive ¥400 million, mainly from proceeds from the issuance of shares upon the exercise of stock acquisition rights. Cash at the end of the fiscal year fell 61.0% from the end of the previous fiscal year to ¥1.2 billion.
For the fiscal year ending August 2027, the company forecasts revenue up 8.3% year on year to ¥3.4 billion, an operating loss of ¥500 million, narrowed from ¥2.3 billion in the previous fiscal year, an ordinary loss of ¥500 million and a net loss attributable to owners of the parent of ¥500 million, with all losses expected to narrow from the previous fiscal year. Selling, general and administrative expenses are planned to fall 43.8% year on year to ¥1.3 billion, with loss reduction expected through a substantial review of the cost structure.
As shareholder returns, the annual dividend for the fiscal year ended August 2026 was ¥0, and the dividend forecast for the fiscal year ending August 2027 is also ¥0. The company will continue its non-dividend policy.