Worth reading
43Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Neutral
Direction inferred from the company’s description.Scale
174095
¥ million (loan principal)Wording
Definitive
How definitive the wording is.Execution of a Loan Agreement Containing Financial Covenants
Subject Entity
Filing company: Idemitsu Kosan Co.,Ltd. Counterparty: independent administrative agency (name Not disclosed)
Target Locations / Products
Strategic petroleum reserves (対象 of the purchase financing)
Occurrence24 April 2025 (date the decision to enter into the agreement was made)
This disclosure04/24/2026
Cause
To finance the purchase of strategic petroleum reserves
Impact on Earnings Forecast
The impact of entering into this agreement on consolidated business results is immaterial.
Outlook
The agreement states that the execution date of the loan agreement will be 30 April 2026. The impact of entering into this agreement on consolidated business results is immaterial.
| Item | Details |
|---|---|
| Event name | Execution of a Loan Agreement Containing Financial Covenants |
| Date of occurrence | 24 April 2025 (date the decision to enter into the agreement was made) |
| Subject Entity | Filing company: Idemitsu Kosan Co.,Ltd. Counterparty: independent administrative agency (name Not disclosed) |
| Target Locations / Products | Strategic petroleum reserves (対象 of the purchase financing) |
| Cause | To finance the purchase of strategic petroleum reserves |
| Impact on Earnings Forecast | The impact of entering into this agreement on consolidated business results is immaterial. |
| Outlook | The agreement states that the execution date of the loan agreement will be 30 April 2026. The impact of entering into this agreement on consolidated business results is immaterial. |
Items this document does not state (18)
Date recognized / date notice receivedAmount of Impact on Business PerformanceAccounting period in which recognizedType of litigation or proceedingCourt or authorityPlaintiffDefendantDate of filing / date of actionClaim amount / surcharge amountAmount of receivables at risk of non-collection or delayed collectionSuspended operationsScheduled resumption dateInvestigation structureMeasures to prevent recurrenceDirectors' and officers' liabilityVoting rights ownership percentage before the changeVoting rights ownership percentage after the changePlanned follow-up disclosure
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.To finance the purchase of strategic petroleum reserves
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.