Financial covenants under borrowing agreements
First written in FY2023. 1 of 3 entries say "Mitigated", first in FY2024. Latest entry: FY2025.
The whole theme swung hardest in 2025: 23 of 75 companies on the "Worse" side.
32 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「Our group’s financial condition and operating results have a reasonable margin against the required levels under these financial covenants, and we will continue to manage them carefully to avoid breaches.」
The company continues its policy of maintaining a reasonable margin against financial covenants and managing them to avoid breaches. - FY2024MitigatedAnnual report
「Our group’s financial condition and operating results have a reasonable margin against the required levels under these financial covenants, and we will continue to manage them carefully to avoid breaches.」
The company stated that it has a reasonable margin against the required covenant levels and will manage them to avoid breaches. - FY2023First statedAnnual report
「Some borrowing agreements entered into by our group contain financial covenants based on the standalone balance-sheet net assets and ordinary profit or loss at each fiscal year-end.」
A breach of financial covenants in borrowing agreements could result in repayment being requested.