Financial covenants on ENボード borrowings
First written in FY2020. 9 of 22 entries say "Restated". Latest entry: 2026-08-07.
Eidai moved to the "Worse" side of this theme in 2020, 3 years before the typical company in this theme (2023).
The whole theme swung hardest in 2017: 8 of 62 companies on the "Worse" side.
43 other companies' latest entry also says "Restated".
- 2026-08-07RestatedResults
「前連結会計年度において、上記①の財務制限条項に抵触しておりますが、金融機関より期限の利益喪失に係る権利行使を行わない旨の同意を得ております。」
ENボード借入の純資産維持に関する財務制限条項への抵触と、金融機関からの権利不行使同意を継続して記載した。 - FY2026MaterialisedAnnual report
「The Company was in breach of covenant (1) at the end of the consolidated fiscal year, but obtained the financial institutions' consent not to exercise their rights relating to the loss of the benefit of time.」
The Company disclosed a breach of ENボード's financial covenant relating to the maintenance of net assets. It obtained the financial institutions' consent not to exercise their rights relating to the loss of the benefit of time. - FY2026-H1RestatedAnnual report
「Long-term borrowings (including borrowings due for repayment within 1 year) ¥18,699 million ¥17,966 million The Company was not in breach of the financial covenants at the end of the previous consolidated fiscal year.」
The Company continues to disclose that it was not in breach of the financial covenants on ENボード at the end of the previous consolidated fiscal year. The borrowings concerned decreased from ¥18,699 million at the end of the previous year to ¥17,966 million. - FY2025MitigatedAnnual report
「The Company was not in breach of the financial covenants at the end of the consolidated fiscal year.」
The Company continues to disclose that it was not in breach of the financial covenants on ENボード borrowings, which decreased from ¥20,166 million in the previous year to ¥18,699 million. - FY2024MitigatedAnnual report
「The Company was not in breach of the financial covenants at the end of the consolidated fiscal year.」
The Company continues to disclose that it was not in breach of the financial covenants. ENボード's borrowings concerned decreased from ¥21,633 million in the previous year to ¥20,166 million. - FY2024-Q3RestatedAnnual report
「Long-term borrowings (including borrowings due for repayment within 1 year) ¥21,633 million ¥20,533 million The Company was not in breach of the financial covenants at the end of the previous consolidated fiscal year.」
ENボード's borrowings subject to financial covenants totaled ¥20,533 million as of 31 December 2023. The Company continues to disclose that it was not in breach of the covenants at the end of the previous consolidated fiscal year. - FY2024-Q2RestatedAnnual report
「The Company was not in breach of the financial covenants at the end of the previous consolidated fiscal year.」
The Company continues to disclose that it was not in breach of the financial covenants on ENボード borrowings at the end of the previous consolidated fiscal year. - FY2024-Q1RestatedAnnual report
「The Company was not in breach of the financial covenants at the end of the previous consolidated fiscal year.」
The Company continues to disclose that it was not in breach of the financial covenants at the end of the previous consolidated fiscal year. The balance of the borrowings concerned was ¥21,266 million at the end of the quarter. - FY2023MitigatedAnnual report
「The Company was not in breach of the financial covenants at the end of the consolidated fiscal year.」
Following the refinancing of existing borrowings, borrowings subject to financial covenants totaled ¥21,633 million. New covenants based on the standalone ordinary income or loss and other measures of ENボード, the Company and 日本ノボパン工業 were established, and no breach had occurred at year-end. - FY2023-Q3ReframedAnnual report
「Of the long-term borrowings of ENボード株式会社, a consolidated subsidiary of the Company, ¥22,000 million, including borrowings due for repayment within 1 year, is subject to financial covenants relating to the loss of the benefit of time. The covenants are as follows.」
Following the refinancing of existing borrowings, borrowings subject to financial covenants totaled ¥22,000 million, and the conditions were changed from the previous requirements to maintain consolidated net assets at no less than 75% and avoid operating losses for 2 consecutive fiscal years to conditions based on the standalone ordinary income or loss and net assets of ENボード, 永大産業 and 日本ノボパン工業. No breach of the new conditions is disclosed. - FY2023-Q2RestatedAnnual report
「The Company was in breach of covenant (2) at the end of the previous consolidated fiscal year, but has obtained agreement from its lending banks that they will not exercise their rights relating to the loss of the benefit of time.」
The Company continues to disclose the breach, at the end of the previous fiscal year, of the covenant on ENボード borrowings requiring the avoidance of operating losses for 2 consecutive fiscal years, together with the banks' agreement not to exercise their rights. The balance of the borrowings was ¥12,100 million. - FY2023-Q1RestatedAnnual report
「The Company was in breach of covenant (2) at the end of the previous consolidated fiscal year, but has obtained agreement from its lending banks that they will not exercise their rights relating to the loss of the benefit of time.」
The Company continues to disclose the breach, at the end of the previous fiscal year, of the covenant on ENボード borrowings requiring the avoidance of operating losses for 2 consecutive fiscal years, together with the banks' agreement not to exercise their rights relating to the loss of the benefit of time. The balance of the borrowings concerned was ¥12,100 million. - FY2022-Q3RestatedAnnual report
「The Company was in breach of covenant (2) at the end of the previous consolidated fiscal year, but has obtained agreement from its lending banks that they will not exercise their rights relating to the loss of the benefit of time.」
The Company continues to disclose the breach, at the end of the previous consolidated fiscal year, of the covenant on ENボード borrowings requiring the avoidance of operating losses for 2 consecutive fiscal years, together with the banks' agreement not to exercise their rights relating to the loss of the benefit of time. The balance of the borrowings concerned was ¥12,100 million at the end of the quarter. - FY2022-Q2RestatedAnnual report
「The Company was in breach of covenant (2) at the end of the previous consolidated fiscal year, but has obtained agreement from its lending banks that they will not exercise their rights relating to the loss of the benefit of time.」
The Company continues to disclose the breach of the covenant on ENボード borrowings requiring the avoidance of operating losses for 2 consecutive fiscal years, together with the lending banks' agreement not to exercise their rights. - FY2022-Q1MaterialisedAnnual report
「The Company was in breach of covenant (2) at the end of the previous consolidated fiscal year, but has obtained agreement from its lending banks that they will not exercise their rights relating to the loss of the benefit of time.」
The Company disclosed an actual breach of the covenant on ENボード borrowings requiring the Company to avoid operating losses for 2 consecutive fiscal years. The balance of the borrowings concerned was ¥12,100 million at the end of the quarter. - FY2021-Q3WorsenedAnnual report
「Of the borrowings of ENボード株式会社, a consolidated subsidiary of the Company, ¥3,135 million at the end of the previous consolidated fiscal year and ¥9,120 million at the end of the third quarter are subject to financial covenants. The covenants are as follows.」
ENボード's borrowings subject to financial covenants increased from ¥3,135 million at the end of the previous consolidated fiscal year to ¥9,120 million. The covenants requiring net assets to be maintained at no less than 75% and operating losses to be avoided for 2 consecutive fiscal years remain in effect. - FY2021-Q2WorsenedAnnual report
「Of the long-term borrowings of ENボード株式会社, a consolidated subsidiary of the Company, ¥3,135 million at the end of the previous consolidated fiscal year and ¥7,618 million at the end of the second quarter are subject to financial covenants. The covenants are as follows.」
ENボード's long-term borrowings subject to financial covenants rose to ¥7,618 million at the end of the second quarter from ¥3,135 million at the end of the previous consolidated fiscal year. - FY2021-Q1WorsenedAnnual report
「Of the long-term borrowings of ENボード株式会社, a consolidated subsidiary of the Company, ¥5,229 million is subject to financial covenants. The covenants are as follows.」
ENボード's long-term borrowings subject to financial covenants increased from ¥3,135 million in the previous disclosure to ¥5,229 million. The covenants require net assets to be maintained at no less than 75% and operating losses to be avoided for 2 consecutive fiscal years. - FY2020First statedAnnual report
「Of the long-term borrowings of ENボード株式会社, a consolidated subsidiary of the Company, ¥3,135 million is subject to financial covenants. The covenants are as follows: (1) from the fiscal year ending March 2020 onward, maintain consolidated net assets at the end of each fiscal year at no less than 75% of the amount at the end of the immediately preceding fiscal year; and (2) from the fiscal year ending March 2020 onward, avoid recording operating losses for 2 consecutive fiscal years.」
The ¥3,135 million of long-term borrowings of ENボード is subject to financial covenants requiring consolidated net assets to be maintained at no less than 75% of the previous year-end level and operating losses to be avoided for 2 consecutive fiscal years.