Financial covenants attached to a commitment line
First written in FY2022-Q2. 6 of 8 entries say "Restated". Latest entry: FY2026.
48 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「The ¥111.108 million in long-term borrowings due for repayment within one year and ¥148.158 million in long-term borrowings outstanding at the end of the consolidated fiscal year are subject to the following financial covenants.」
The company continues to maintain financial covenants for long-term borrowings requiring standalone cash flow of at least ¥300 million and avoidance of losses in ordinary income or loss for 2 consecutive fiscal years. - FY2025RestatedAnnual report
「The ¥111.108 million in long-term borrowings due for repayment within one year and ¥259.266 million in long-term borrowings outstanding at the end of the consolidated fiscal year are subject to the following financial covenants.」
The company continues to maintain financial covenants for long-term borrowings requiring standalone cash flow of at least ¥300 million and avoidance of losses in ordinary income or loss for 2 consecutive fiscal years. The commitment line also carries conditions requiring standalone net assets of at least 75% of the level in the same period of the previous year and no loss in ordinary income. - FY2024ReframedAnnual report
「The ¥111.108 million in long-term borrowings due for repayment within one year and ¥370.374 million in long-term borrowings outstanding at the end of the consolidated fiscal year are subject to the following financial covenants.」
The covenants for long-term borrowings changed from the previous restrictions on net assets and ordinary income under the commitment line to requirements to maintain cash flow of at least ¥300 million from the fiscal year ending March 2025 onward and avoid losses in ordinary income or loss for 2 consecutive fiscal years. - FY2024-Q1RestatedAnnual report
「Of the contracts described above, the company's commitment line agreement contains the following financial covenants. (Borrowing limit: ¥200.000 million; amount drawn: ¥200.000 million) ① Maintain the net assets section of the standalone balance sheet at no less than 75% of the level in the same period of the previous year. ② Ensure that ordinary income in the standalone financial statements does not become a loss.」
The company continues to disclose, as financial covenants for the commitment line, the requirements to maintain standalone net assets at no less than 75% of the level in the same period of the previous year and to ensure that standalone ordinary income does not become a loss. - FY2023-Q1RestatedAnnual report
「Of the contracts described above, the company's commitment line agreement contains the following financial covenants: ① Maintain the net assets section of the standalone balance sheet at no less than 75% of the level in the same period of the previous year. ② Ensure that ordinary income in the standalone financial statements does not become a loss.」
The company continues to disclose the covenants attached to the commitment line requiring it to maintain standalone net assets at no less than 75% of the level in the same period of the previous year and to ensure that standalone ordinary income does not become a loss. - FY2022RestatedAnnual report
「Of the contracts described above, the company's commitment line agreement contains the following financial covenants: ① Maintain the net assets section of the standalone balance sheet at no less than 75% of the level in the same period of the previous year. ② Ensure that ordinary income in the standalone financial statements does not become a loss.」
The company continues to maintain the covenants attached to the commitment line requiring it to maintain standalone net assets at no less than 75% of the level in the same period of the previous year and to ensure that standalone ordinary income does not become a loss. - FY2022-Q3RestatedAnnual report
「Of the contracts described above, the company's commitment line agreement contains the following financial covenants: ① Maintain the net assets section of the standalone balance sheet at no less than 75% of the level in the same period of the previous year. ② Ensure that ordinary income in the standalone financial statements does not become a loss.」
The company continues to disclose the covenants attached to the commitment line requiring it to maintain standalone net assets at no less than 75% of the level in the same period of the previous year and to ensure that standalone ordinary income does not become a loss. - FY2022-Q2First statedAnnual report
「Of the contracts described above, the company's commitment line agreement contains the following financial covenants: ① Maintain the net assets section of the standalone balance sheet at no less than 75% of the level in the same period of the previous year. ② Ensure that ordinary income in the standalone financial statements does not become a loss.」
The company disclosed financial covenants for the commitment line requiring it to maintain standalone net assets at no less than 75% of the level in the same period of the previous year and to ensure that standalone ordinary income does not become a loss.