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Revision of earnings forecasts3315NIPPON COKE & ENGINEERING COMPANY,LIMITEDEnergy Resources

Notice Regarding Changes to the Maturity and Financial Covenants of a Commitment Line Agreement

The availability period of the commitment line was changed from 30 April 2026 to 30 April 2027, an extension of one year. In addition, the financial covenant threshold relating to net assets was changed from at least 70% of the higher of the net assets for the fiscal year ended March 2018 or the immediately preceding fiscal year to at least 80% of the net assets for the fiscal year ending March 2026.

Worth reading
53Recurring
Scored from 2 of 5 sections
Direction
Neutral
Direction inferred from the company’s description.
Scale
1
Years (extension of the commitment period)
Wording
Definitive
How definitive the wording is.

Revised forecast

Fiscal year ending March 2027
Reason for the revision

In light of the recognition of an impairment loss associated with the optimization of the coke business's production structure and trends in net assets resulting from recent operating performance, the covenant relating to the maintenance of net assets was reviewed.

Details and amount of extraordinary loss

Impairment loss associated with the optimization of the coke business's production structure. Amount: Not disclosed.

Consolidated / non-consolidatedConsolidated/non-consolidated
Revised forecast
ItemDetails
Fiscal Period CoveredFiscal year ending March 2027
Reason for the revisionIn light of the recognition of an impairment loss associated with the optimization of the coke business's production structure and trends in net assets resulting from recent operating performance, the covenant relating to the maintenance of net assets was reviewed.
Details and amount of extraordinary lossImpairment loss associated with the optimization of the coke business's production structure. Amount: Not disclosed.
Consolidated / non-consolidatedConsolidated/non-consolidated
Items this document does not state (9)
Net SalesOperating profitOrdinary incomeProfit attributable to owners of the parentNet income per sharePeriod CoveredPublication date of previous forecastPrevious-period resultsDividend forecast revision

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

In light of the recognition of an impairment loss associated with the optimization of the coke business's production structure, announced on 11 November 2025, and trends in net assets resulting from recent operating performance, the financial covenant relating to the maintenance of net assets was reviewed.

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice Regarding Changes to the Maturity and Financial Covenants of a Commitment Line Agreement | NIPPON COKE & ENGINEERING COMPANY,LIMITED (3315) timely disclosure | Komori