Guaranteeing Outstanding Borrowings of the E-Ship Trust if the Share Price Falls
First written in FY2025-H1. 1 of 3 entries say "Restated". Latest entry: FY2026.
35 other companies' latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「当連結会計年度末 945百万円」
E-Ship信託に係る借入金の帳簿価額は当年度末945百万円となり、前年度末の1,690百万円から減少した。ただし、株価下落時に会社が残債を弁済するリスクの説明は継続している。 - FY2025RestatedAnnual report
「Because the Company will guarantee borrowings for the E-Ship trust's acquisition of its shares, losses equivalent to losses on share sales will accumulate in the E-Ship trust if the Company's share price declines. If borrowings equivalent to those losses remain in the trust when it ends, the Company will repay the outstanding balance.」
E-Ship信託の株価下落時に会社が借入金残債を弁済する可能性があるリスクが、年次報告書でも継続して開示された。 - FY2025-H1First statedAnnual report
「Because the Company will guarantee borrowings used by the E-Ship Trust to acquire Company shares, if the Company’s share price falls and losses on share sales accumulate in the E-Ship Trust, and borrowings equivalent to those losses remain outstanding in the trust at the end of the trust period, the Company will repay the outstanding balance.」
A new risk was disclosed whereby the Company guarantees the E-Ship Trust’s share acquisition borrowings and may have to repay any outstanding balance at the end of the trust period if the share price falls.