Restructuring Borrowing Facilities and Financing with Financial Covenants
First written in FY2017-Q2. 13 of 31 entries say "Advanced", first in FY2017. Latest entry: FY2027-H1.
49 other companies' latest entry also says "Other".
- FY2027-H1Update on borrowings and utilization of borrowing facilitiesAnnual report
「The Company has entered into borrowing agreements, including commitment line agreements and overdraft agreements, and the undrawn amounts and other balances are as follows. Commitment line: limit 15,000; drawn amount 7,100; undrawn amount 7,900. Overdraft: limit 11,500; drawn amount —; undrawn amount 11,500.」
As of the end of August 2026, total borrowings amounted to ¥45,640 million. The commitment line had a limit of ¥15,000 million and a drawn amount of ¥7,100 million, while the overdraft had a limit of ¥11,500 million and no amount drawn, reflecting an update in utilization. - FY2026-H1Update on borrowing facility utilizationAnnual report
「The company has entered into borrowing agreements, including commitment line agreements and overdraft agreements, with multiple financial institutions. The undrawn amounts and other details are as follows.」
Total borrowings at the end of August 2025 were ¥50,236 million. The commitment line had a credit limit of ¥15,000 million, an outstanding balance of ¥6,700 million and an undrawn amount of ¥8,300 million, while the overdraft facility had a credit limit of ¥11,500 million, an outstanding balance of ¥800 million and an undrawn amount of ¥10,700 million. - FY2025AdvancedAnnual report
「For the purpose of refinancing long-term borrowings, the Company drew down funds on 31 March 2025 under loan agreements with 6 domestic financial institutions and repaid borrowings under the existing loan agreements on the same date.」
As a subsequent event, the Company borrowed a total of ¥11,000 million from 6 domestic financial institutions on 31 March 2025 and carried out a refinancing to repay existing borrowings. The repayment date is 29 March 2030, and financial covenants apply. - FY2025-H1Update on borrowings and utilization of borrowing facilitiesAnnual report
「Credit limit 15,000 15,000 Outstanding borrowings 12,000 10,700 Undrawn amount 3,000 4,300」
Total borrowings at the end of August 2024 were ¥53,040 million, down from ¥56,234 million at the end of the previous fiscal year. The commitment line had a limit of ¥15,000 million and an outstanding balance of ¥10,700 million, while the overdraft facility was updated to a limit of ¥9,500 million and an outstanding balance of ¥2,600 million. - FY2025-Q1AdvancedAnnual report
「For the purpose of refinancing long-term borrowings, the Company drew down funds on 28 June 2024 under loan agreements with 4 domestic financial institutions and repaid borrowings under the existing loan agreements on the same date.」
As a subsequent event, the Company borrowed a total of ¥5,000 million from 4 domestic financial institutions on 28 June 2024 and carried out a refinancing to repay existing borrowings. The repayment date is 29 June 2029. - FY2024-Q1AdvancedAnnual report
「For the purpose of refinancing long-term borrowings, the Company drew down funds on 30 June 2023 under a loan agreement with Development Bank of Japan Inc. and repaid borrowings under the existing loan agreement on the same date.」
As a subsequent event, the Company borrowed ¥4,000 million from Development Bank of Japan on 30 June 2023 and carried out a refinancing to repay existing borrowings. The repayment date is 30 June 2028. - FY2023Update on borrowing balances and facilitiesAnnual report
「The company has entered into borrowing agreements, including commitment line agreements and overdraft agreements, with multiple financial institutions. The undrawn amounts and other details are as follows.」
Total borrowings at the end of February 2023 were ¥54,821 million. The commitment line had a credit limit of ¥15,000 million and an outstanding balance of ¥9,200 million, while the overdraft facility had a credit limit of ¥7,500 million and an outstanding balance of ¥400 million. - FY2023-Q3AdvancedAnnual report
「For the purpose of refinancing long-term borrowings, the company drew loans on 30 November 2022 under loan agreements with 8 domestic financial institutions and commitment line agreements with 2 domestic financial institutions. ② Total borrowing: ¥20,000 million ④ Maturity: a) ¥5,000 million, bullet repayment on 30 November 2026; b) ¥15,000 million, installment repayments of ¥750 million every 3 months, with final repayment on 30 November 2027. ② Borrowing facility: ¥11,500 million」
On 30 November 2022, the company borrowed a total of ¥20.0 billion from 8 financial institutions to refinance existing borrowings and established the maturity and installment repayment terms. It also newly established and renewed a ¥11.5 billion commitment line with 2 financial institutions. - FY2023-Q2Update on borrowing balances and facility utilizationAnnual report
「① Undrawn amounts under commitment line agreements, etc. Credit limit 10,000 10,000 Drawn balance 3,650 2,450 Undrawn balance 6,350 7,550 ② Undrawn amounts under overdraft agreements, etc. Credit limit 7,500 7,500 Drawn balance 850 550 Undrawn balance 6,650 6,950」
Total borrowings at the end of the second quarter were ¥56.523 billion, down from ¥59.452 billion at the end of the previous fiscal year. While the credit limits for the commitment line and overdraft were maintained, their drawn balances decreased from ¥3.65 billion to ¥2.45 billion and from ¥850 million to ¥550 million, respectively. - FY2023-Q1Update on borrowing facility utilizationAnnual report
「Borrowing facilities ① Undrawn amounts under commitment line agreements, etc. Credit limit 10,000 Drawn balance 5,650 Undrawn balance 4,350」
As of 31 May 2022, the commitment line had a credit limit of ¥10.0 billion, a drawn balance of ¥5.65 billion and an undrawn balance of ¥4.35 billion. The overdraft had a credit limit of ¥7.5 billion, a drawn balance of ¥950 million and an undrawn balance of ¥6.55 billion. - FY2022-Q3Update on borrowing facility utilizationAnnual report
「Credit limit 20,000 10,000 Drawn balance 4,050 5,000 Undrawn balance 15,950 5,000 Credit limit 3,500 7,500 Drawn balance 1,250 1,200 Undrawn balance 2,250 6,300」
As of 30 November 2021, the commitment line changed from a credit limit of ¥20.0 billion to ¥10.0 billion and from a drawn balance of ¥4.05 billion to ¥5.0 billion. The overdraft changed from a credit limit of ¥3.5 billion to ¥7.5 billion and from a drawn balance of ¥1.25 billion to ¥1.2 billion. - FY2022-Q2Update on borrowing facility utilizationAnnual report
「① Undrawn amounts under commitment line agreements, etc. Credit limit 20,000 Drawn balance 4,050 Undrawn balance 15,950 ② Undrawn amounts under overdraft agreements, etc. Credit limit 3,500 Drawn balance 1,250 Undrawn balance 2,250」
At the end of the second quarter, the commitment line had a credit limit of ¥10.0 billion, a drawn balance of ¥5.25 billion and an undrawn balance of ¥4.75 billion. The overdraft had a credit limit of ¥7.5 billion, a drawn balance of ¥1.55 billion and an undrawn balance of ¥5.95 billion. - FY2022-Q1AdvancedAnnual report
「For the purpose of refinancing long-term borrowings, the company drew loans on 31 March 2021 under loan agreements with 6 domestic financial institutions and, on the same date, repaid borrowings under existing loan agreements.」
On 31 March 2021, the company borrowed a total of ¥12.0 billion from 6 domestic financial institutions and carried out a refinancing through repayment of existing borrowings. The maturity date is 31 March 2025, and financial covenants apply. In addition, new overdraft agreements totaling ¥4.0 billion were established with 4 financial institutions. - FY2021Full-year update on commitment line utilizationAnnual report
「① Undrawn amounts under commitment line agreements, etc. Credit limit 20,000 Drawn balance 4,050 Undrawn balance 15,950」
As of 28 February 2021, the commitment line had a credit limit of ¥20.0 billion, a drawn balance of ¥4.05 billion and an undrawn balance of ¥15.95 billion. The ¥10.0 billion facility established in response to COVID-19 remained undrawn at the end of the fiscal year. - FY2021-Q3Update on borrowing facility utilizationAnnual report
「① Undrawn amounts under commitment line agreements, etc. Credit limit 20,000 Drawn balance 5,400 Undrawn balance 14,600」
As of 30 November 2020, the commitment line had a credit limit of ¥20.0 billion, a drawn balance of ¥5.4 billion and an undrawn balance of ¥14.6 billion. - FY2021-Q2Decrease in drawn balance and utilization updateAnnual report
「① Undrawn amounts under commitment line agreements, etc. Credit limit 20,000 Drawn balance 6,100 Undrawn balance 13,900」
The commitment line credit limit remained at ¥20.0 billion. At the end of August, the drawn balance was ¥6.1 billion and the undrawn balance was ¥13.9 billion. Utilization changed from the drawn balance of ¥8.2 billion at the end of the previous quarter. - FY2021-Q1Increase in commitment line and utilization updateAnnual report
「To prepare for unforeseen circumstances arising from the impact of COVID-19, the company entered into commitment line agreements with 3 domestic financial institutions as of 30 April 2020.」
To prepare for COVID-19, the company entered into commitment line agreements totaling ¥10.0 billion with 3 financial institutions. Including existing facilities, the total commitment line increased from ¥10.0 billion to ¥20.0 billion, with a drawn balance of ¥8.2 billion and an undrawn balance of ¥11.8 billion at the end of the first quarter. - FY2020AdvancedAnnual report
「To prepare for unforeseen circumstances arising from the impact of COVID-19, the company entered into commitment line agreements with 3 domestic financial institutions as of 30 April 2020.」
To prepare for unforeseen circumstances arising from COVID-19, the company newly established commitment lines totaling ¥10.0 billion with 3 financial institutions as of 30 April 2020. - FY2020-Q3Update on borrowing facility utilizationAnnual report
「Consolidated accounting period for the third quarter 30 November 2019 Credit limit 10,000 Drawn balance 6,450 Undrawn balance 3,550」
For the commitment line, the credit limit as of 30 November 2019 was ¥10.0 billion, the drawn balance was ¥6.45 billion and the undrawn balance was ¥3.55 billion. - FY2020-Q1AdvancedAnnual report
「For the purpose of refinancing long-term borrowings, the company drew loans on 28 June 2019 under loan agreements with 4 domestic financial institutions and, on the same date, made an early repayment of borrowings under its loan agreement with Sumitomo Mitsui Trust Bank, Limited. ① Counterparties: Sumitomo Mitsui Trust Bank, Limited; The Nanto Bank,Ltd.; The Nishi-Nippon City Bank, Ltd.; and The Daishi Bank, Ltd. ② Total borrowing: ¥6,000 million ③ Drawdown date: 28 June 2019 ④ Maturity date: 28 June 2024」
As a subsequent event, the company borrowed a total of ¥6.0 billion from 4 domestic financial institutions and carried out a refinancing through early repayment of existing borrowings on 28 June 2019. - FY2019RestatedAnnual report
「The company has entered into loan agreements, commitment line agreements, overdraft agreements and other borrowing agreements with multiple financial institutions. An overview is provided below.」
The company is reconfirming its financing structure, combining long-term borrowings, commitment lines and overdrafts from multiple financial institutions, together with the contractual maturities. - FY2019-Q3RestatedAnnual report
「For the purpose of refinancing long-term borrowings, the company drew a loan on 29 June 2018 under a loan agreement with Development Bank of Japan Inc. and, on the same date, made an early repayment of borrowings under the loan agreement and commitment line agreement for which Mizuho Bank, Ltd. acted as agent.」
The refinancing involving a ¥4.0 billion borrowing from Development Bank of Japan Inc. and early repayment of existing borrowings is reconfirmed together with the borrowing and facility utilization status at the end of the third quarter. - FY2019-Q2RestatedAnnual report
「For the purpose of refinancing long-term borrowings, the company drew a loan on 29 June 2018 under a loan agreement with Development Bank of Japan Inc. and made an early repayment of borrowings under the loan agreement and commitment line agreement for which Mizuho Bank, Ltd. acted as agent.」
The refinancing involving a ¥4.0 billion borrowing from Development Bank of Japan Inc. and early repayment of existing borrowings is reconfirmed together with the contractual terms and financial covenants. - FY2019-Q1AdvancedAnnual report
「For the purpose of refinancing long-term borrowings, the company drew a loan on 29 June 2018 under a loan agreement with Development Bank of Japan Inc. and, on the same date, made an early repayment of borrowings under the loan agreement and commitment line agreement for which Mizuho Bank, Ltd. acted as agent.」
As a subsequent event, the company borrowed ¥4.0 billion from Development Bank of Japan Inc. on 29 June 2018 and carried out a refinancing through early repayment of existing borrowings. The maturity date is 30 June 2023, and financial covenants apply. - FY2018AdvancedAnnual report
「For the purpose of refinancing long-term borrowings, the company drew loans on 28 February 2018 under loan agreements with 2 domestic financial institutions and, on the same date, made an early repayment of borrowings under the loan agreement and commitment line agreement for which Mizuho Bank, Ltd. acted as agent.」
On 28 February 2018, the company drew ¥4.0 billion and carried out an additional refinancing through early repayment of borrowings under the existing agreements. - FY2018-Q3AdvancedAnnual report
「For the purpose of partially changing its borrowing terms, the company made an early repayment of all ¥48,625 million of long-term borrowings under the existing senior facilities agreement as of 30 November 2017. It also entered into a loan agreement and commitment line agreement with Mizuho Bank, Ltd. as agent, as well as new loan agreements with 7 domestic financial institutions.」
The company made an early repayment of all ¥48.625 billion of long-term borrowings under the existing senior facilities and restructured its financing through new agreements with Mizuho Bank and others, a ¥6,500 million commitment line and new loan agreements totaling ¥14.0 billion with 7 domestic financial institutions. - FY2018-Q2AdvancedAnnual report
「To finance the acquisition of shares in CTC First Contact Co., Ltd., as described in "Note 12. Business Combinations," the company entered into a loan agreement with Mizuho Bank, Ltd. as of 29 June 2017. ① Counterparty: Mizuho Bank, Ltd. ② Total borrowing: ¥930 million ③ Drawdown date: 3 July 2017 ④ Maturity date: 1 July 2022. From 10 October 2017, ¥46.5 million will be repaid in installments every 3 months, with the remaining balance repaid at maturity. ⑤ Interest rate: TIBOR (Tokyo Interbank Offered Rate) plus a spread」
The company borrowed ¥930 million from Mizuho Bank to finance the acquisition of shares in CTC First Contact. The acquisition financing and repayment terms have been specified. - FY2018-Q1AdvancedAnnual report
「To fund withholding income tax payable when dividends are paid from a subsidiary to the company, the company entered into a loan agreement with Mizuho Bank, Ltd. as of 8 March 2017. ① Counterparty: Mizuho Bank, Ltd. ② Total borrowing: ¥1,800 million ③ Drawdown date: 10 March 2017 ④ Maturity date: 31 August 2017 ⑤ Interest rate: TIBOR (Tokyo Interbank Offered Rate) plus a spread」
A new ¥1.8 billion dividend bridge loan was drawn to fund withholding income tax payable on dividends from a subsidiary. - FY2017AdvancedAnnual report
「For the purpose of refinancing long-term borrowings, the company made an early repayment of ¥21,000 million of Facility B under the existing senior facilities agreement as of 31 March 2017, and entered into new loan agreements with 7 domestic financial institutions.」
The company made an early repayment of ¥21.0 billion of existing borrowings and carried out a refinancing by taking out new borrowings of the same amount from 7 domestic financial institutions. - FY2017-Q3Utilization of new facilitiesAnnual report
「Credit limit 3,500 Drawn balance 2,800 Undrawn balance 700」
For the newly established overdraft facility, the credit limit at the end of the quarter was ¥3.5 billion, with a drawn balance of ¥2.8 billion and an undrawn balance of ¥700 million. - FY2017-Q2First statedAnnual report
「As described in "2. Business Overview, 2. Material Contracts Related to Management," during the second quarter of the fiscal year, the company changed the borrowing limit under its existing revolving facility from ¥13,000 million to ¥3,000 million. It also newly established a ¥3,500 million commitment line and a ¥3,500 million overdraft facility with multiple financial institutions.」
The borrowing limit under the existing revolving facility was changed from ¥13.0 billion to ¥3.0 billion, and a ¥3.5 billion commitment line and ¥3.5 billion overdraft facility were newly established. The new facilities carry financial covenants relating to consolidated net assets and consolidated loss before income taxes.