Termination of the guarantee commitment for a major shareholder’s borrowings
First written in FY2017-Q2. 2 of 3 entries say "Restated". Latest entry: FY2017.
No other company in this theme has enough history to compare yet.
- FY2017RestatedAnnual report
「The guarantee commitment under which the Company jointly guaranteed EHRS L.P.’s borrowings from financial institutions no longer constituted a guarantee obligation of the Company because the Company listed on the Mothers market of the Tokyo Stock Exchange on 2 September 2016. Accordingly, there was no outstanding guarantee balance at the end of the current fiscal year.」
It continues to be the case that the guarantee commitment for borrowings by the major shareholder was cancelled as a result of the listing and that the outstanding guarantee balance was zero at the end of the current fiscal year. - FY2017-Q3RestatedAnnual report
「The guarantee commitment for borrowings from financial institutions by EHRS L.P. no longer constituted a guarantee obligation of the Company because the Company listed on the Mothers market of the Tokyo Stock Exchange on 2 September 2016.」
It continues to be stated that the guarantee commitment for borrowings by the major shareholder was cancelled as a result of the listing. - FY2017-Q2MitigatedAnnual report
「The Company’s guarantee commitment for borrowings from financial institutions by EHRS L.P. was cancelled because, following the Company’s listing on the Mothers market of the Tokyo Stock Exchange on 2 September 2016, it no longer constituted a guarantee obligation.」
The guarantee commitment amount was stated as ¥1,850,000 thousand, and it was explained that the listing meant the commitment no longer constituted a guarantee obligation.