Risk of Breaching Financial Covenants under the Commitment Line
First written in FY2022-Q1. 4 of 7 entries say "Restated". Latest entry: FY2023.
The whole theme swung hardest in 2017: 8 of 54 companies on the "Worse" side.
8 other companies' latest entry also says "Dropped".
- FY2023DroppedAnnual reportThe risk of breaching the commitment line's financial covenants, which was described through the previous annual securities report, could not be confirmed in this annual securities report's business and other risks or issues to be addressed.
- FY2023-Q3RestatedAnnual report
「The commitment line agreement contains financial covenants, which were breached at the end of the previous fiscal year. However, the Company considers the impact to be immaterial because the agreement does not provide for loss of the benefit of time.」
The Company continues to assess the impact as immaterial following the breach of the financial covenants at the end of the previous fiscal year, because the agreement does not provide for loss of the benefit of time. - FY2023-Q2RestatedAnnual report
「The commitment line agreement contains financial covenants, which were breached at the end of the previous fiscal year. However, the Company considers the impact to be immaterial because the agreement does not provide for loss of the benefit of time.」
The Company's assessment that the impact was immaterial was reconfirmed following the breach of the financial covenants at the end of the previous fiscal year, because the agreement does not provide for loss of the benefit of time. - FY2023-Q1RestatedAnnual report
「The commitment line agreement contains financial covenants, which were breached at the end of the previous fiscal year. However, the Company considers the impact to be immaterial because the agreement does not provide for loss of the benefit of time.」
The Company's assessment that the impact was immaterial was reconfirmed following the breach of the financial covenants at the end of the previous fiscal year, because the agreement does not provide for loss of the benefit of time. - FY2022MaterialisedAnnual report
「The commitment line agreement contains financial covenants, which were breached at the end of the current fiscal year. However, the Company considers the impact to be immaterial because the agreement does not provide for loss of the benefit of time.」
The breach of the financial covenants, previously described as a potential risk in the event of a breach, actually occurred at the end of the current fiscal year. The Company considers the impact immaterial because the agreement does not provide for loss of the benefit of time. - FY2022-Q2RestatedAnnual report
「The commitment line agreement contains financial covenants, but the Company considers the impact to be immaterial even if they were breached, because the agreement does not provide for loss of the benefit of time.」
The Company's assessment that the impact would be immaterial was reconfirmed because the commitment line's financial covenants do not provide for loss of the benefit of time in the event of a breach. - FY2022-Q1First statedAnnual report
「The commitment line agreement contains financial covenants, but the Company considers the impact to be immaterial even if they were breached.」
The commitment line agreement contains financial covenants, and the potential impact of a breach is described as a new financial risk. However, the Company considers the impact to be immaterial.