Ntn (6472) · InitiativeAchieved
Debt-equity swap involving a Brazilian subsidiary
First written in FY2018. 1 of 2 entries say "Achieved", first in FY2019. Latest entry: FY2019.
2entries
2years
0from disclosures
How it moved
Same theme, other companies
Debt reduction and capital strengthening through debt-equity swaps involving subsidiary receivables and loansA theme 18 companies write about · 0 as a headwind · 20 as a tailwind
3 other companies' latest entry also says "Achieved".
Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 18 companies compared. The sentences above are computed from all 18.Full recordFilings, disclosures and news, newest first
- FY2019AchievedAnnual report
「Based on a resolution of the Board of Directors at a meeting held on 22 December 2017, the Company resolved to acquire an equity interest in its consolidated subsidiary NTN do Brasil Produção de Semi-Eixos Ltda. through an in-kind contribution of loans, a debt-equity swap, and acquired the equity interest on 9 May 2018 and 17 July 2018.」
The Company carried out a debt-equity swap involving the Brazilian subsidiary on 9 May and 17 July 2018, completing the subscription to the capital increase to strengthen its financial position. - FY2018First statedAnnual report
「To strengthen the subsidiary’s financial position, the Company subscribed to its capital increase through a debt-equity swap.」
To strengthen the Brazilian subsidiary’s financial position, the Company carried out a debt-equity swap in which loans were contributed in kind to subscribe to a capital increase, and acquired the equity interest on 9 May 2018.