Agreement on a Rehabilitation Plan to Support ブランドオフ and Funding Terms
First written in FY2020-Q2. 1 of 3 entries say "Mitigated", first in FY2020-Q3. Latest entry: FY2020.
0 other companies' latest entry also says "Restated".
- FY2020RestatedAnnual report
「The Company Split was carried out on 3 December 2019.」
The company reconfirmed that the absorption-type company split, which had been conditional on agreement with the financial creditors on a rehabilitation plan, had been completed. - FY2020-Q3MitigatedAnnual report
「The Company Split was carried out on 3 December 2019.」
As the absorption-type company split has proceeded to implementation, the uncertainty surrounding the conditions for execution has diminished. However, details such as the amount of funding were not stated in this filing either. - FY2020-Q2First statedAnnual report
「The absorption-type company split is conditional on obtaining the agreement of ブランドオフ's financial creditors to the rehabilitation plan under this agreement. The company plans to provide funding through loans and other means in connection with the absorption-type company split, but is withholding disclosure of details such as the amount because it is still coordinating with the relevant financial creditors and is subject to confidentiality obligations under agreements relating to the definitive agreement and other matters.」
Execution of the absorption-type company split required agreement on a rehabilitation plan with ブランドオフ's financial creditors. Although funding through loans and other means was planned, details such as the amount were not disclosed.