Funding and Commitment Lines in Preparation for the Impact of COVID-19
First written in FY2020. 1 of 3 entries say "Reframed", first in FY2021. Latest entry: FY2022-Q2.
The whole theme swung hardest in 2026: 7 of 55 companies on the "Worse" side.
31 other companies' latest entry also says "Restated".
- FY2022-Q2RestatedAnnual report
「With regard to funding, we continue to strengthen cooperation with financial institutions, including by maintaining the ¥4 billion commitment line.」
Maintained the ¥4 billion commitment line in preparation for the impact of infectious diseases and future business expansion, and reaffirmed the strengthening of cooperation with financial institutions. - FY2021ReframedAnnual report
「④ Strengthening the financial base We will continue working to establish a stable and flexible funding structure and strengthen our financial base to meet funding needs arising from the new operating environment and future business expansion.」
Expanded the purpose from emergency funding in response to the impact of COVID-19 to strengthening the financial base and funding structure supporting future business expansion. - FY2020First statedAnnual report
「To prepare for a substantial decline in revenue resulting from the closure of sports clubs and other facilities due to the impact of COVID-19, we raised ¥4 billion on 30 April 2020 using a COVID-19 special fund provided by our financial institution partners.” “We entered into commitment line agreements totaling ¥4 billion with our financial institution partners dated 27 April 2020.」
Borrowed ¥4 billion to prepare for a decline in revenue resulting from facility closures, and established an additional ¥4 billion commitment line with a one-year term.