Commitment Line and Term Loan Agreement with Financial Covenants
First written in FY2026-H1. 1 of 2 entries say "Restated". Latest entry: 2026-09-25.
44 other companies' latest entry also says "Restated".
- 2026-09-25RestatedOccurring Fact
「Principal amount of obligations under this agreement (commitment amount) ¥25,000 million Contract period 30 September 2026–30 September 2027 Financial covenants ① Maintain consolidated net assets at 75% or more of the amount at the end of the fiscal year ending March 2026.」
The company entered into a ¥25,000 million commitment line agreement with financial covenants. The agreement maintains the amount of the existing commitment line subject to financial covenants and specifies the contract period and the net asset maintenance covenant. - FY2026-H1First statedAnnual report
「Syndicated commitment line agreement: ① Maintain the amount of net assets in the consolidated balance sheet at or above 75% of the amount at the end of the fiscal year ended March 2025. Syndicated term loan agreement: ① At the end of each fiscal year and the second quarter, maintain the amount calculated by deducting “deferred hedge gains,” “stock acquisition rights” and “non-controlling interests” from the “net assets” section of the consolidated balance sheet at or above the higher of 75% of the amount at the end of the fiscal year ended March 2025 and 75% of the amount for the same period of the previous year. ② Ensure that ordinary profit or loss in the consolidated statements of income at each fiscal year-end does not remain a loss for 2 consecutive fiscal years from the fiscal year ending March 2025 onward.」
For borrowing agreements entered into in August 2025, the Company has for the first time specified a covenant requiring net assets to be maintained at or above 75% of the reference amount and a covenant prohibiting ordinary profit or loss from being in the red for 2 consecutive fiscal years. No covenant breach has been reported as of the present time.