Financial Covenants under the Syndicated Loan
First written in FY2017. 18 of 26 entries say "Restated". Latest entry: FY2025-H1.
The whole theme swung hardest in 2025: 23 of 75 companies on the "Worse" side.
32 other companies' latest entry also says "Restated".
- FY2025-H1RestatedAnnual report
「During the interim consolidated accounting period, there were no new major risks or significant changes to the business risks described in the annual securities report that management recognized as potentially having a material effect on the financial position, operating results, or cash flows of the consolidated companies, among the matters concerning business conditions and financial matters described in this Semiannual Report.」
It states that there have been no material changes in the existing business and other risks. - FY2024MitigatedAnnual report
「Long-term borrowings due for repayment within one year ¥500 million — million」
For borrowings subject to the financial covenants, the amount due for repayment within one year fell from ¥500 million in the previous fiscal year to zero in the current fiscal year. - FY2024-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company continues to treat existing risks, including the financial covenants for the syndicated loans, as having no material changes. - FY2024-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company continues to treat existing risks, including the financial covenants for the syndicated loans, as having no material changes. - FY2023MitigatedAnnual report
「Long-term borrowings due for repayment within one year ¥500 million Long-term borrowings — Total ¥500 million」
Borrowings subject to the financial covenants decreased from ¥1,071 million in the previous fiscal year to ¥500 million. - FY2023-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company continues to treat existing risks, including the financial covenants for the syndicated loans, as having no material changes. - FY2023-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company continues to treat existing risks, including the financial covenants for the syndicated loans, as having no material changes. - FY2023-Q1RestatedAnnual report
「During the three-month period ended 30 June, there were no new risks that management recognizes as having the potential to materially affect the financial position, operating results or cash flows of the consolidated companies, and no material changes to the business risks described in the annual securities report for the previous fiscal year.」
The company continues to treat existing risks, including the financial covenants for the syndicated loans, as having no material changes. - FY2022MitigatedAnnual report
「Total ¥1,071 million」
Borrowings subject to the financial covenants totaled ¥1,071 million, down from ¥1,642 million in the previous fiscal year. - FY2022-Q3RestatedAnnual report
「During the cumulative third quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company continues to treat the financial covenants for the syndicated loans as having no material changes. - FY2022-Q2RestatedAnnual report
「During the cumulative second quarter under review, there were no significant changes in the matters described in this quarterly report regarding the business and accounting conditions that management recognizes could materially affect the financial position, operating results and cash flows of the consolidated companies, or in the “Business and Other Risks” described in the securities report for the previous fiscal year.」
The company continues to treat existing risks, including the financial covenants for the syndicated loans, as having no material changes. - FY2022-Q1RestatedAnnual report
「During the three-month period ended 30 June, there were no new risks that management recognizes as having the potential to materially affect the financial position, operating results or cash flows of the consolidated companies, and no material changes to the business risks described in the annual securities report for the previous fiscal year.」
The company continues to treat the financial covenants for the syndicated loans as having no material changes. - FY2021MitigatedAnnual report
「Long-term borrowings due for repayment within one year ¥571 million Long-term borrowings ¥1,071 million Total ¥1,642 million」
Borrowings subject to the financial covenants totaled ¥1,642 million, down from ¥2,214 million at the end of the previous consolidated fiscal year. - FY2021-Q3RestatedAnnual report
「No new business or other risks arose during the nine months ended 31 December. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
It states that there have been no material changes to the financial covenants for the syndicated loans. - FY2021-Q2RestatedAnnual report
「No new business or other risks arose during the six months ended 30 September. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
It states that there have been no material changes to the financial covenants for the syndicated loans. - FY2020MitigatedAnnual report
「Total ¥2,214 million」
Borrowings subject to the financial covenants totaled ¥2,214 million, a decrease of ¥571 million from ¥2,785 million at the end of the previous consolidated fiscal year. - FY2020-Q3RestatedAnnual report
「No new business or other risks arose during the nine months ended 31 December. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
It states that there have been no material changes to the financial covenants for the syndicated loans. - FY2020-Q2RestatedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, there were no newly arising business or other risks. In addition, there were no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
It states that there have been no material changes to the financial covenants for the syndicated loans. - FY2020-Q1RestatedAnnual report
「No new business or other risks arose during the three months ended 30 June. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The company states that there have been no material changes to the financial covenants for the syndicated loans. - FY2019Updated the balance of borrowings subject to financial covenantsAnnual report
「Long-term borrowings due for repayment within one year ¥571 million Long-term borrowings ¥2,214 million Total ¥2,785 million」
Borrowings subject to the financial covenants totaled ¥2,785 million, down from ¥3,757 million at the end of the previous consolidated fiscal year. - FY2019-Q1RestatedAnnual report
「No new business or other risks arose during the three months ended 30 June. There were also no material changes to the business and other risks described in the securities report for the previous fiscal year.」
The company states that there have been no material changes to the financial covenants for the syndicated loans. - FY2018Updated the balance of borrowings subject to financial covenantsAnnual report
「The syndicated loan agreements among the borrowings contain financial covenants based on certain indices calculated using the amount of net assets in the consolidated balance sheet and ordinary profit or loss in the consolidated statement of income as of the end of each consolidated fiscal year.」
Borrowings subject to the financial covenants totaled ¥3,757 million, comprising ¥971 million due for repayment within one year and ¥2,785 million in long-term borrowings, down from ¥5,028 million in the previous fiscal year. - FY2018-Q3RestatedAnnual report
「No new business or other risks arose during the nine months ended [the current third quarter]. There have also been no material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
It states that there have been no material changes to the financial covenants for the syndicated loans. - FY2018-Q2RestatedAnnual report
「During the cumulative second quarter of the current consolidated fiscal year, there were no newly arising business or other risks. In addition, there were no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
It states that there have been no material changes to the financial covenants for the syndicated loans. - FY2018-Q1RestatedAnnual report
「During the first quarter of the current consolidated fiscal year, there were no newly arising business or other risks. In addition, there were no material changes to the business or other risks described in the annual securities report for the previous fiscal year.」
The company states that there have been no material changes to the financial covenants for the syndicated loans. - FY2017First statedAnnual report
「The syndicated loan agreements among the borrowings contain financial covenants based on certain indices calculated using the amount of net assets in the consolidated balance sheet and ordinary profit or loss in the consolidated statement of income as of the end of each consolidated fiscal year.」
The company disclosed the existence of borrowings subject to financial covenants based on net assets and ordinary profit or loss.