Liquidity and Financial-Maintenance Risk from an Overdraft Facility with Financial Covenants
First written in FY2026-H1. 1 of 3 entries say "Worsened", first in 2026-07-31. Latest entry: FY2026.
13 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「The company's consolidated subsidiary, 株式会社ツクルバボックス, entered into a loan facility agreement with financial covenants for the purpose of raising funds to purchase real estate for development as proprietary planned products.」
On 3 August 2026, after the filing, ツクルバボックス entered into an agreement with financial covenants and a borrowing limit of ¥500 million to finance the purchase of existing condominiums. In addition to the existing overdraft agreement, new inventory acquisition financing and financial covenants were added. - 2026-07-31WorsenedOccurring Fact
「As of the end of each fiscal year, beginning with the fiscal year ending July 2026, the guarantor must maintain total consolidated net assets at 70% or more of the higher of total net assets at the end of the fiscal year ending July 2025 or at the end of the preceding fiscal year.」
In addition to the existing overdraft agreement with financial covenants, the new loan facility agreement planned for Tsukuruba Box is also expected to include financial covenants concerning consolidated net assets, consolidated ordinary profit and inventory levels. - FY2026-H1First statedAnnual report
「Our consolidated subsidiary 株式会社ツクルバボックス entered into an overdraft facility containing financial covenants. Maximum principal amount: ¥1,000 million.」
On 30 January 2026, Tsukuruba Box entered into an overdraft facility with a borrowing limit of ¥1,000 million and ¥789 million of undrawn capacity at the end of the current interim consolidated accounting period. The facility includes covenants requiring net assets to be maintained at no less than 70% of a specified benchmark, consolidated ordinary profit or loss not to be negative, and an inventory-turnover metric to remain at 8 or below. No covenant breach was disclosed.