Termination of the Committed Syndicated Loan Agreement
First written in FY2024-Q2. 2 of 4 entries say "Reframed", first in FY2026-H1. Latest entry: FY2026.
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- FY2026ReframedAnnual report
「We have entered into committed term loan agreements and overdraft agreements with financial institutions, with undrawn amounts at the end of the current consolidated fiscal year of ¥1,900 million and ¥900 million, respectively.」
Following the termination of the former committed syndicated loan, funding arrangements have been reorganised to include undrawn capacity under committed term loan and overdraft agreements. - FY2026-H1ReframedAnnual report
「To obtain business funds efficiently, we have entered into a term-loan agreement with a commitment period through a syndicated loan with our relationship financial institutions. During the interim accounting period, we drew the commitment in full and changed it to a term loan.」
The financing structure changed from a commitment-line arrangement to a term loan after the commitment was fully drawn. - FY2024-Q3RestatedAnnual report
「To obtain working capital efficiently, we had entered into a committed syndicated loan agreement with 2 financial institutions, including Ashikaga Bank. The agreement ended on its expiration date, 15 September 2023.」
The committed syndicated loan agreement ended on 15 September 2023, and no commitment line remained at the end of the third quarter. - FY2024-Q2First statedAnnual report
「To obtain working capital efficiently, we had entered into a committed syndicated loan agreement with 2 financial institutions, including Ashikaga Bank. The agreement ended on its expiration date, 15 September 2023.」
At the end of the previous fiscal year, the total commitment line was ¥600,000 thousand and the drawn balance was ¥0 thousand. Following expiration on 15 September 2023, no commitment line remained at the end of the second quarter.