Sumitomo Seika Chemicals Company,Limited. (4008) · RiskDropped
Risk of Loss of the Benefit of Time Due to Breach of Financial Covenants
First written in FY2017. 1 of 2 entries say "Dropped", first in FY2018. Latest entry: FY2018.
2entries
2years
0from disclosures
How it moved
Same theme, other companies
Risk of Loss of the Benefit of Time Due to Breach of Financial CovenantsA theme 291 companies write about · 295 as a headwind · 0 as a tailwind
16 other companies' latest entry also says "Dropped".
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Showing 14 of the 196 companies compared. The sentences above are computed from all 196.Comparing 200 of the theme's 297 threads.Full recordFilings, disclosures and news, newest first
- FY2018DroppedAnnual reportThe risk of losing the benefit of time as a result of breaching financial covenants is not included among the items disclosed under business and other risks for the current fiscal year.
- FY2017First statedAnnual report
「If the Company's consolidated or non-consolidated net assets, consolidated or non-consolidated interest-bearing debt, or non-consolidated operating income or loss falls below the levels stipulated in the relevant financial covenants, the Company may lose the benefit of time with respect to the relevant borrowings at the request of the financial institutions.」
The company describes the risk of breaching financial covenants relating to net assets, interest-bearing debt and non-consolidated operating income or loss.