Discussions on Renewing Agreements with Financial Institutions and Continuing Transactions
First written in FY2020-Q3. 7 of 11 entries say "Advanced", first in FY2021-Q3. Latest entry: FY2024-Q1.
The whole theme swung hardest in 2022: 1 of 7 companies on the "Worse" side.
0 other companies' latest entry also says "Advanced".
- FY2024-Q1AdvancedAnnual report
「The company has agreed with each financial institution to defer repayments of the lending principal on existing borrowings until the end of July 2024.」
The agreement with financial institutions to defer repayments was extended from the previous deadline of the end of July 2023 to the end of July 2024. - FY2023AdvancedAnnual report
「The company has agreed with each financial institution to defer repayments of the lending principal on existing borrowings until the end of July 2023.」
Discussions with financial institutions progressed from the previous repayment deferral until March 2023 to an agreement to defer repayments until the end of July 2023. - FY2023-Q3RestatedAnnual report
「The company has agreed with each financial institution to defer repayments of the lending principal on existing borrowings until March 2023.」
The agreement with financial institutions to defer repayment of the principal on existing borrowings until March 2023 continued to be disclosed. - FY2022AdvancedAnnual report
「The company has agreed with each financial institution to defer repayments of the lending principal on existing borrowings until March 2023.」
Discussions with financial institutions progressed from requests for additional financing and repayment deferrals to obtaining agreement to defer repayment of the principal on existing borrowings until March 2023. - FY2022-Q2AdvancedAnnual report
「To dispel concerns about its cash flow, the company has continued discussions with its lending financial institutions regarding deferrals of loan repayments, and」
Discussions with financial institutions progressed from contract renewal and continued transactions to the stage of continuously requesting deferrals of principal repayments on borrowings. - FY2022-Q1AdvancedAnnual report
「Having entered into a capital and business alliance agreement, the company has established a certain outlook for stabilizing its financial base and will maintain close communication with its lending financial institutions toward the early normalization of transactions.」
Regarding discussions with financial institutions, a policy was presented of maintaining close communication aimed at stabilizing the financial base and normalizing transactions at an early stage, on the premise of a capital and business alliance. - FY2021AdvancedAnnual report
「The company has continued to receive support, including additional financing and deferrals of principal repayments, through close communication with its lending financial institutions.」
Discussions with financial institutions progressed from contract renewal and continued transactions to securing ongoing support, including additional financing and deferrals of principal repayments. - FY2021-Q3AdvancedAnnual report
「The company will also continue discussions with its lending financial institutions regarding additional financing and deferrals of principal repayments on some borrowings, while further strengthening its financial base by securing new sources of funding.」
Discussions with financial institutions became more specific, covering additional financing, deferrals of principal repayments on some borrowings, and securing new sources of funding. - FY2021-Q1RestatedAnnual report
「The Company is explaining to financial institutions and others the measures being taken to restore performance and is holding discussions toward renewing its agreements and continuing transactions.」
The company continues to explain its performance recovery measures to financial institutions and hold discussions aimed at renewing contracts and continuing transactions. - FY2020AchievedAnnual report
「The Company provided financial institutions with a detailed explanation of the Group's situation and obtained their agreement not to exercise their rights to declare a loss of the benefit of time under the syndicated loan agreement.」
Following explanations and discussions with financial institutions, the Company obtained agreement not to exercise the right to declare a loss of the benefit of time under the syndicated loan agreement. - FY2020-Q3First statedAnnual report
「The Company is explaining to financial institutions the measures being taken to restore performance and is holding discussions toward renewing its agreements and continuing transactions.」
In response to the risk of breaching financial covenants, the Company explained its performance-recovery measures to financial institutions and is discussing renewal of the syndicated loan agreement and continuation of transactions.