Komori
Onoken (7414) · RiskRestated

Financial Covenants for the Syndicated Loan

First written in FY2024-Q3. 2 of 3 entries say "Restated". Latest entry: FY2026.

3entries
3years
0from disclosures
Share on X
How it moved
ProgressHeldSoftenedWorseRestatedFY2024-Q3 – FY20262024: 120242025: 120252026: 12026
Same theme, other companies
Risk of loss of benefit of time following a breach of financial covenantsA theme 320 companies write about · 324 as a headwind · 0 as a tailwind
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 327 threads.
Full recordFilings, disclosures and news, newest first
  1. FY2026RestatedAnnual report

    「Financial covenants　　　① From 2023 onward, as of the end of each fiscal year, including the fiscal year ending March 2024, the borrower must maintain the amount of net assets shown in its balance sheet at or above 75% of the amount of net assets shown in the balance sheet as of the end of the immediately preceding fiscal year.」

    The company re-listed as a material contract the financial covenants relating to the ¥20 billion syndicated loan, including the requirement to maintain net assets at 75% or more of the previous year-end level.
  2. FY2025RestatedAnnual report

    「Financial covenants　　　① From 2023 onward, as of the end of each fiscal year, including the fiscal year ending March 2024, the borrower must maintain the amount of net assets shown in its balance sheet at or above 75% of the amount of net assets shown in the balance sheet as of the end of the immediately preceding fiscal year.」

    The company re-listed as a material contract the financial covenants attached to the ¥20 billion syndicated loan, including the requirement to maintain net assets at 75% or more of the previous year-end level.
  3. FY2024-Q3First statedAnnual report

    「Financial covenants　　　① From 2023 onward, as of the end of each fiscal year, including the fiscal year ending March 2024, the borrower must maintain the amount of net assets shown in its balance sheet at or above 75% of the amount of net assets shown in the balance sheet as of the end of the immediately preceding fiscal year. ② The ordinary profit or loss shown in the borrower's income statement must not be a loss for 2 or more consecutive fiscal years from the fiscal year ending March 2024 onward.」

    The ¥20 billion syndicated loan agreement includes financial covenants requiring net assets to be maintained at 75% or more of the previous year-end level and prohibiting ordinary losses for 2 or more consecutive fiscal years from the fiscal year ending March 2024 onward.
Moved together

None of this company's other threads moved the same way in the same document twice or more.

When this could move next
No upcoming earnings preview for Onoken yet.
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Financial Covenants for the Syndicated Loan | ONOKEN CO.,LTD. (7414) | Komori