Financial Covenants Attached to Long-Term Borrowings
First written in FY2026-H1. 1 of 2 entries say "Worsened", first in FY2026. Latest entry: FY2026.
Koike-Ya moved to the "Worse" side of this theme in 2026, 3 years after the typical company in this theme (2023).
20 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「Long-term borrowings, including long-term borrowings due for repayment within one year, totaling ¥8,911 million are subject to the following financial covenants.」
Long-term borrowings subject to financial covenants increased from ¥6,400 million to ¥8,911 million. The covenants require ordinary income and loss and operating income and loss not to be losses, and net assets to be at least 75% of the amount at the end of the previous fiscal year. - FY2026-H1First statedAnnual report
「Long-term borrowings, including long-term borrowings due for repayment within one year, totaling ¥6,400 million are subject to the following financial covenants: ・Beginning with the fiscal year ending March 2025, consolidated ordinary income and loss shown in the consolidated income statement and operating income and loss shown in the income statement must not be losses at each fiscal year-end. ・Beginning with the fiscal year ending March 2025, net assets shown in the consolidated balance sheet and balance sheet at each fiscal year-end must be at least 75% of the corresponding net assets at the end of the previous fiscal year.」
The ¥6,400 million in long-term borrowings is subject to financial covenants requiring ordinary income and loss and operating income and loss not to be losses, and net assets to be at least 75% of the amount at the end of the previous fiscal year. The report does not state that any covenant breach has occurred.