Execution by a subsidiary of a loan agreement with financial covenants
テス・エンジニアリング (the Company's consolidated subsidiary and borrower)
To finance the borrower's working capital
Fiscal year ending June 2026 (impact on consolidated results)
The impact of this matter on consolidated results for the fiscal year ending June 2026 is expected to be minor. If the impact on consolidated financial results becomes material in the future, the Company plans to make a timely disclosure.
If the impact on consolidated financial results becomes material in the future, the Company plans to make a timely disclosure.
The Company plans to make a timely disclosure if the impact on consolidated financial results becomes material.
| Item | Details |
|---|---|
| Event name | Execution by a subsidiary of a loan agreement with financial covenants |
| Date of occurrence | 15 May 2026 (date of contract decision and execution) |
| Subject Entity | テス・エンジニアリング (the Company's consolidated subsidiary and borrower) |
| Cause | To finance the borrower's working capital |
| Accounting period in which recognized | Fiscal year ending June 2026 (impact on consolidated results) |
| Impact on Earnings Forecast | The impact of this matter on consolidated results for the fiscal year ending June 2026 is expected to be minor. If the impact on consolidated financial results becomes material in the future, the Company plans to make a timely disclosure. |
| Outlook | If the impact on consolidated financial results becomes material in the future, the Company plans to make a timely disclosure. |
| Planned follow-up disclosure | The Company plans to make a timely disclosure if the impact on consolidated financial results becomes material. |
Items this document does not state (17)
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 procure working capital for the borrower. The agreement also aims to optimize funding in line with funding requirements.