Financial Covenants Attached to the Commitment Line and Term Loan
First written in FY2026-H1. 1 of 3 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2017: 8 of 54 companies on the "Worse" side.
40 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「The outstanding borrowings under the commitment line agreement and term loan agreement are subject to the following financial covenants. There was no instance of non-compliance with the financial covenants as of the end of the current consolidated fiscal year.」
The company continues to disclose financial covenants for the commitment line and term loan, including maintaining net assets at or above 75% of the reference amount and avoiding ordinary losses for 2 consecutive fiscal years, and states that there was no instance of non-compliance as of the fiscal year-end. - 2026-06-04OtherGeneral Meetings of Shareholders
「As of the end of the consolidated fiscal year, there were no instances of non-compliance with financial covenants.」
The company reiterated the details of its financial covenants and reported borrowings outstanding at the end of the consolidated fiscal year of ¥2.7 billion under the commitment line and ¥4.014 billion under the term loan. There were no instances of non-compliance. - FY2026-H1First statedAnnual report
「The outstanding borrowings under the commitment line agreement and term loan agreement are subject to the following financial covenants. There were no instances of non-compliance with the financial covenants as of the end of the previous consolidated fiscal year or the end of the current interim consolidated accounting period. ① The borrower must maintain, at the end of each fiscal year, the amount of net assets in the borrower's consolidated and non-consolidated balance sheets at or above 75% of the higher of the amount of net assets in the borrower's consolidated and non-consolidated balance sheets at the end of the immediately preceding fiscal year or at the end of the fiscal year ending March 2024. ② The borrower must not report an ordinary loss for 2 consecutive fiscal years in its consolidated and non-consolidated income statements for any fiscal years.」
The outstanding borrowings under the commitment line and term loan are subject to financial covenants, including maintaining net assets at or above 75% of the reference amount and avoiding ordinary losses for 2 consecutive fiscal years. There were no instances of non-compliance as of the fiscal year-end.