Borrowing to Fund Software License Acquisitions
First written in FY2017-Q2. 4 of 6 entries say "Restated". Latest entry: FY2025-H1.
0 other companies' latest entry also says "Advanced".
- FY2025-H1AdvancedAnnual report
「Funds obtained from financing activities during the current interim accounting period amounted to ¥138 million. This was mainly due to proceeds of ¥200 million from long-term borrowings, despite cash outflows of ¥60 million for the repayment of long-term borrowings and other items.」
The company raised ¥200 million through long-term borrowings and repaid ¥60 million of long-term borrowings, resulting in ¥138 million of funds generated from financing activities. - FY2019RestatedAnnual report
「The loan agreement entered into by the company with a financial institution to acquire software licenses, with an outstanding balance of ¥77 million at the end of the current fiscal year, contains financial covenants that must be maintained until all obligations have been discharged.」
The company continues to disclose borrowings related to software license acquisitions and the associated financial covenants. - FY2018RestatedAnnual report
「The loan agreement entered into by the company with a financial institution to acquire software licenses, with an outstanding balance of ¥158.339 million at the end of the current fiscal year, contains financial covenants that must be maintained until all obligations have been discharged.」
The company continues to disclose borrowings related to software license acquisitions and the associated financial covenants. - FY2018-Q1RestatedAnnual report
「The loan agreement dated 30 June 2017 entered into by the company to acquire software licenses contains the following financial covenants.」
The company continues to disclose the loan agreement for the acquisition of software licenses. - FY2017RestatedAnnual report
「The loan agreement entered into by our group with a financial institution to acquire software licenses, with an outstanding balance of ¥258.335 million at the end of the current fiscal year, contains financial covenants that must be maintained until all obligations have been discharged.」
Borrowings related to the acquisition of software licenses, including Enlighten, remained outstanding, with an end-of-year balance of ¥258.335 million disclosed. - FY2017-Q2First statedAnnual report
「① Use of funds Funds for software license acquisitions ③ Borrowing amount and terms Borrowing amount: ¥300 million ④ Drawdown date, maturity date and repayment method Drawdown date: 30 June 2017 Maturity date: 30 June 2020 Repayment method: Equal monthly repayments of the principal divided into 36 instalments, beginning at the end of July 2017 The amount of another borrowing was USD900,000.」
The company borrowed ¥300 million and USD900,000 to fund the acquisition of software licenses, including Enlighten, arranging financing repayable in 36 instalments.