Global Style (7126) · RiskDropped
Financial covenants under the syndicated loan
First written in FY2021. 1 of 2 entries say "Dropped", first in FY2022. Latest entry: FY2022.
2entries
2years
0from disclosures
How it moved
Same theme, other companies
Risk of Loss of Benefit of Time from Breaching Financial CovenantsA theme 287 companies write about · 291 as a headwind · 0 as a tailwind
16 other companies' latest entry also says "Dropped".
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 196 companies compared. The sentences above are computed from all 196.Comparing 200 of the theme's 293 threads.Full recordFilings, disclosures and news, newest first
- FY2022DroppedAnnual reportThe FY2022 business risks section contains no disclosure regarding the financial covenants of the syndicated loan.
- FY2021First statedAnnual report
「The company must maintain, at the end of each fiscal year, standalone net assets on the balance sheet at a level of at least 75% of standalone net assets on the balance sheet at the end of the fiscal year ended May 2016.」
Another condition is that ordinary income must not be negative for 2 consecutive fiscal periods. As of the end of the fiscal year ended July 2021, the contract amount was ¥1,850 million, and borrowings comprised ¥1,150 million in short-term borrowings and ¥275 million in long-term borrowings.