Financial Covenants Attached to a Commitment Line
First written in FY2021-Q1. 6 of 8 entries say "Restated". Latest entry: FY2026.
18 other companies' latest entry also says "Dropped".
- FY2026DroppedAnnual report
「The Company had entered into a lending commitment line agreement, but terminated it during the fiscal year.」
The financial covenants concerning the maintenance of net assets and ordinary income or loss attached to the previous commitment line are no longer included in this filing following termination of the agreement. - FY2025RestatedAnnual report
「① The total amount of net assets shown in the consolidated balance sheet at the end of the fiscal year ending March 2023 and at the end of each subsequent fiscal year must be maintained at or above an amount equivalent to 75% of the total amount of net assets shown in the consolidated balance sheet at the end of the most recent fiscal year. ② Ordinary income or loss shown in the consolidated statement of income for the fiscal year ending March 2023 and each subsequent fiscal year must not be a loss for 2 consecutive fiscal years.」
Continues to disclose the financial covenants attached to the commitment line requiring net assets to be maintained at or above 75% and prohibiting losses in ordinary income or loss for 2 consecutive fiscal years. - FY2024-Q1RestatedAnnual report
「① The total amount of net assets shown in the consolidated balance sheet at the end of the fiscal year ending March 2023 and at the end of each subsequent fiscal year must be maintained at or above an amount equivalent to 75% of the total amount of net assets shown in the consolidated balance sheet at the end of the most recent fiscal year. ② Ordinary income or loss shown in the consolidated statement of income for the fiscal year ending March 2023 and each subsequent fiscal year must not be a loss for 2 consecutive fiscal years.」
Continues to disclose the financial covenants attached to the commitment line requiring net assets to be maintained at or above 75% and prohibiting losses in ordinary income or loss for 2 consecutive fiscal years. - FY2023-Q1RestatedAnnual report
「① The total amount of net assets shown in the consolidated balance sheet at the end of the fiscal year ending March 2020 and at the end of each subsequent fiscal year must be maintained at or above 75% of the total amount of net assets shown in the consolidated balance sheet at the end of the most recent fiscal year. ② Ordinary income or loss shown in the consolidated statement of income for the fiscal year ending March 2020 and each subsequent fiscal year must not be a loss for 2 consecutive fiscal years.」
Continues to disclose the financial covenants attached to the commitment line requiring net assets to be maintained at or above 75% and prohibiting losses in ordinary income or loss for 2 consecutive fiscal years. - FY2022-Q2RestatedAnnual report
「The agreement includes the following financial covenants: ① The total amount of net assets shown in the consolidated balance sheet at the end of the fiscal year ending March 2020 and at the end of each subsequent fiscal year must be maintained at or above 75% of the total amount of net assets shown in the consolidated balance sheet at the end of the most recent fiscal year. ② Ordinary income or loss shown in the consolidated statement of income for the fiscal year ending March 2020 and each subsequent fiscal year must not be a loss for 2 consecutive fiscal years.」
Continues to disclose the financial covenants attached to the commitment line requiring net assets to be maintained at or above 75% and prohibiting losses in ordinary income or loss for 2 consecutive fiscal years. - FY2021-Q3RestatedAnnual report
「The agreement includes the following financial covenants: ① The total amount of net assets shown in the consolidated balance sheet at the end of the fiscal year ending March 2020 and at the end of each subsequent fiscal year must be maintained at or above 75% of the total amount of net assets shown in the consolidated balance sheet at the end of the most recent fiscal year. ② Ordinary income or loss shown in the consolidated statement of income for the fiscal year ending March 2020 and each subsequent fiscal year must not be a loss for 2 consecutive fiscal years.」
Continues to disclose the financial covenants attached to the commitment line requiring net assets to be maintained at or above 75% and prohibiting losses in ordinary income or loss for 2 consecutive fiscal years. - FY2021-Q2RestatedAnnual report
「The agreement includes the following financial covenants: ① The total amount of net assets shown in the consolidated balance sheet at the end of the fiscal year ending March 2020 and at the end of each subsequent fiscal year must be maintained at or above 75% of the total amount of net assets shown in the consolidated balance sheet at the end of the most recent fiscal year. ② Ordinary income or loss shown in the consolidated statement of income for the fiscal year ending March 2020 and each subsequent fiscal year must not be a loss for 2 consecutive fiscal years.」
Continues to disclose the financial covenants attached to the commitment line requiring net assets to be maintained at or above 75% and prohibiting losses in ordinary income or loss for 2 consecutive fiscal years. - FY2021-Q1First statedAnnual report
「The agreement includes the following financial covenants: ① The total amount of net assets shown in the consolidated balance sheet at the end of the fiscal year ending March 2020 and at the end of each subsequent fiscal year must be maintained at or above 75% of the total amount of net assets shown in the consolidated balance sheet at the end of the most recent fiscal year. ② Ordinary income or loss shown in the consolidated statement of income for the fiscal year ending March 2020 and each subsequent fiscal year must not be a loss for 2 consecutive fiscal years.」
The ¥4.0 billion lending commitment line is subject to financial covenants requiring net assets to be maintained at or above 75% of the amount at the end of the most recent fiscal year and prohibiting losses in ordinary income or loss for 2 consecutive fiscal years.