Financial Covenants Under the Commitment Line
First written in FY2020-Q2. 9 of 16 entries say "Restated". Latest entry: 2026-06-09.
The whole theme swung hardest in 2017: 8 of 54 companies on the "Worse" side.
40 other companies' latest entry also says "Restated".
- 2026-06-09RestatedEarnings
「(Borrowing limit: ¥1,000,000 thousand; amount drawn: ¥500,000 thousand)」
The company continues to disclose the financial covenants under its commitment line. The amount drawn was ¥500 million. No covenant breach is reported. - FY2026-H1Increase in borrowings outstanding subject to financial covenantsAnnual report
「Total overdraft limit Total commitment line amount ¥1,450 million ¥1 billion Borrowings outstanding ¥1,300 million Undrawn amount ¥1,150 million」
Borrowings outstanding at the end of the interim consolidated accounting period were ¥1.3 billion, up from zero at the end of the previous consolidated fiscal year. The company continues to disclose financial covenants requiring net assets to be maintained at 75% or more and prohibiting ordinary losses for 2 consecutive fiscal years, but no covenant breach is reported. - FY2025-H1ReframedAnnual report
「The company entered into the commitment line agreement in November 2024, and the agreement is subject to the following financial covenants. (Borrowing limit: ¥1 billion; borrowings drawn: -) ① The amount of net assets on the standalone balance sheet at the end of each fiscal year must be maintained at or above 75% of the higher of the amount of net assets on the standalone balance sheet at the end of the immediately preceding fiscal year and the amount at the end of the fiscal year ended July 2024. ② From the fiscal year ending July 2025 onward, ordinary losses must not be reported for 2 consecutive fiscal years in the ordinary income or loss on the standalone income statement at the end of each fiscal year.」
In place of the previous agreement entered into in December 2019, the company discloses the commitment line agreement entered into in November 2024 and its financial covenants. The requirements to maintain net assets at 75% or more and prohibit ordinary losses for 2 consecutive fiscal years are similar, but the base year and effective starting year have been updated, and no borrowings have been drawn. quantified is true, materialized is false. - FY2024-Q3RestatedAnnual report
「(Borrowing limit: ¥1 billion; borrowings drawn: ¥300 million) ① The amount of net assets on the standalone balance sheet at the end of each fiscal year must be maintained at or above 75% of the higher of the amount of net assets on the standalone balance sheet at the end of the immediately preceding fiscal year and the amount at the end of the fiscal year ended July 2019. ② From the fiscal year ending July 2020 onward, ordinary losses must not be reported for 2 consecutive fiscal years in the ordinary income or loss on the standalone income statement at the end of each fiscal year.」
The company continues to disclose the ¥300 million drawn under the commitment line subject to financial covenants, along with the requirements to maintain net assets at 75% or more and prohibit ordinary losses for 2 consecutive fiscal years. - FY2024-Q1Increase in borrowings outstanding subject to financial covenantsAnnual report
「Overdraft limit and commitment line amount ¥2,250 million Borrowings outstanding ¥300 million Undrawn amount ¥1,950 million」
Of the ¥2.25 billion total commitment line and other facilities, borrowings outstanding at the end of the first quarter were ¥300 million. The financial covenants requiring net assets to be maintained at 75% or more and prohibiting ordinary losses for 2 consecutive fiscal years remain in effect. quantified is true, materialized is false. - FY2023RestatedAnnual report
「Total overdraft limit and commitment line amount ¥2,250 million Borrowings outstanding - Undrawn amount ¥2,250 million」
The company discloses total commitment line and other facilities of ¥2.25 billion and zero borrowings outstanding at the fiscal year-end. The financial covenants requiring net assets to be maintained at 75% or more and prohibiting ordinary losses for 2 consecutive fiscal years also remain in effect. - FY2023-Q2Increase in borrowings outstanding subject to financial covenantsAnnual report
「Total overdraft limit and commitment line amount ¥2,250 million Borrowings outstanding ¥500 million Undrawn amount ¥1,750 million」
Borrowings outstanding under the commitment line and other facilities increased from zero at the end of the previous consolidated fiscal year to ¥500 million. The financial covenants requiring net assets to be maintained at 75% or more and prohibiting ordinary losses for 2 consecutive fiscal years remain in effect. - FY2023-Q1Decrease in Drawn AmountsAnnual report
「Total overdraft limit and commitment line amount ¥2,250 million Borrowings outstanding ¥200 million Undrawn amount ¥2,050 million」
The total amount of the overdraft and commitment line facilities is ¥2.25 billion, and borrowings outstanding increased from zero at the end of the previous consolidated fiscal year to ¥200 million. The financial covenants requiring net assets to be maintained at 75% or more and prohibiting ordinary losses for 2 consecutive fiscal years remain in effect. - FY2022-Q3Borrowings subject to financial covenantsAnnual report
「Total overdraft limit and commitment line amount ¥2,250 million Borrowings outstanding ¥500 million Undrawn amount ¥1,750 million」
Borrowings outstanding under the commitment line and other facilities increased from zero at the end of the previous consolidated fiscal year to ¥500 million. The financial covenants requiring net assets to be maintained at 75% or more and prohibiting ordinary losses for 2 consecutive fiscal years remain in effect, and no breach is reported. - FY2022-Q1RestatedAnnual report
「The company entered into the commitment line agreement in December 2019, and the agreement is subject to the following financial covenants.」
The company continues to disclose financial covenants requiring net assets to be maintained at 75% or more and prohibiting ordinary losses for 2 consecutive fiscal years. No borrowings were outstanding, and no covenant amendment or breach is reported. - FY2021RestatedAnnual report
「Financial covenants The commitment line agreement entered into by the company in December 2019 is subject to the following financial covenants.」
The company continues to disclose financial covenants requiring net assets to be maintained at 75% or more and prohibiting ordinary losses for 2 consecutive fiscal years. Borrowings outstanding at the fiscal year-end were zero, and no covenant breach is reported. - FY2021-Q3RestatedAnnual report
「① The amount of net assets on the standalone balance sheet at the end of each fiscal year must be maintained at or above 75% of the higher of the amount of net assets on the standalone balance sheet at the end of the immediately preceding fiscal year and the amount at the end of the fiscal year ended July 2019. ② From the fiscal year ending July 2020 onward, ordinary losses must not be reported for 2 consecutive fiscal years in the ordinary income or loss on the standalone income statement at the end of each fiscal year.」
The company continues to disclose financial covenants under the commitment line requiring net assets to be maintained at 75% or more and prohibiting ordinary losses for 2 consecutive fiscal years. - FY2021-Q2RestatedAnnual report
「① The amount of net assets on the standalone balance sheet at the end of each fiscal year must be maintained at or above 75% of the higher of the amount of net assets on the standalone balance sheet at the end of the immediately preceding fiscal year and the amount at the end of the fiscal year ended July 2019. ② From the fiscal year ending July 2020 onward, ordinary losses must not be reported for 2 consecutive fiscal years in the ordinary income or loss on the standalone income statement at the end of each fiscal year.」
The company continues to disclose financial covenants under the commitment line requiring net assets to be maintained at 75% or more and prohibiting ordinary losses for 2 consecutive fiscal years. This time, no covenant breach is reported. - FY2021-Q1RestatedAnnual report
「① The amount of net assets on the standalone balance sheet at the end of each fiscal year must be maintained at or above 75% of the higher of the amount of net assets on the standalone balance sheet at the end of the immediately preceding fiscal year and the amount at the end of the fiscal year ended July 2019. ② From the fiscal year ending July 2020 onward, ordinary losses must not be reported for 2 consecutive fiscal years in the ordinary income or loss on the standalone income statement at the end of each fiscal year.」
The company continues to disclose financial covenants under the commitment line requiring net assets to be maintained at 75% or more and prohibiting ordinary losses for 2 consecutive fiscal years. No covenant breach is reported. - FY2020-Q3RestatedAnnual report
「① The amount of net assets on the standalone balance sheet at the end of each fiscal year must be maintained at or above 75% of the higher of the amount of net assets on the standalone balance sheet at the end of the immediately preceding fiscal year and the amount at the end of the fiscal year ended July 2019. ② From the fiscal year ending July 2020 onward, ordinary losses must not be reported for 2 consecutive fiscal years in the ordinary income or loss on the standalone income statement at the end of each fiscal year.」
The company continues to disclose financial covenants under the commitment line requiring net assets to be maintained at 75% or more and prohibiting ordinary losses for 2 consecutive fiscal years. No covenant breach is reported. - FY2020-Q2First statedAnnual report
「① The amount of net assets on the standalone balance sheet at the end of each fiscal year must be maintained at or above 75% of the higher of the amount of net assets on the standalone balance sheet at the end of the immediately preceding fiscal year and the amount at the end of the fiscal year ended July 2019. ② From the fiscal year ending July 2020 onward, ordinary losses must not be reported for 2 consecutive fiscal years in the ordinary income or loss on the standalone income statement at the end of each fiscal year.」
For the ¥1 billion commitment line entered into in December 2019, the company discloses financial covenants requiring net assets to be maintained at 75% or more of the benchmark amount and prohibiting ordinary losses for 2 consecutive fiscal years from the fiscal year ending July 2020 onward.