Risk of outstanding borrowings resulting from a decline in the share price under the employee stock ownership association trust
First written in FY2022-Q2. 1 of 8 entries say "Restated". Latest entry: FY2026.
1 other company's latest entry also says "Other".
- FY2026Updated trust-related borrowings (¥390 million)Annual report
「¥788 million in the previous consolidated fiscal year; ¥390 million in the current consolidated fiscal year」
The year-end carrying amount of borrowings related to the employee stock ownership plan trust was ¥390 million. The guarantee risk that the Company may repay the remaining debt if the share price declines continues to be disclosed. - FY2026-H1Updated the balance of borrowings related to the trust at the end of the interim period (¥587 million)Annual report
「¥788 million in the previous consolidated fiscal year; ¥587 million in the current interim consolidated accounting period」
The carrying amount of borrowings related to the employee stock ownership plan trust was updated to ¥587 million at the end of the interim period. The guarantee risk that the Company may repay the remaining debt if the share price declines is also described. - FY2025Updated the balance of borrowings related to the trust (¥788 million)Annual report
「Previous consolidated fiscal year: ¥1,196 million; current consolidated fiscal year: ¥788 million」
Updated the carrying value of borrowings related to the employee stock ownership plan trust at fiscal year-end to ¥788 million. The risk that the company may have guarantee obligations to repay the remaining borrowings if the share price declines is also disclosed. - FY2025-H1Updated the balance of borrowings related to the trust at the end of the interim period (¥996 million)Annual report
「Previous consolidated fiscal year: ¥1,196 million; current interim consolidated period: ¥996 million」
Updated the carrying value of borrowings related to the employee stock ownership plan trust at the end of the interim period to ¥996 million. The risk that the company may have guarantee obligations to repay the remaining borrowings if the share price declines is also disclosed. - FY2024Updated the balance of borrowings related to the trust (¥1,196 million)Annual report
「(3) Carrying value of borrowings recognized under the gross method Current consolidated fiscal year: ¥1,196 million」
Updated the carrying value of borrowings related to the employee stock ownership plan trust at fiscal year-end to ¥1,196 million. The risk that the company may have guarantee obligations to repay the remaining borrowings if the share price declines is also disclosed. - FY2023Updated the balance of borrowings related to the trust (¥1,598 million)Annual report
「Carrying value of borrowings recognized under the gross method: current consolidated fiscal year, ¥1,598 million」
Updated the carrying value of borrowings related to the employee stock ownership plan trust at fiscal year-end to ¥1,598 million. The risk that the company may have guarantee obligations to repay the remaining borrowings if the share price declines continues to be disclosed. - FY2022RestatedAnnual report
「Carrying value of borrowings recognized under the gross method Current consolidated fiscal year: ¥2,000 million」
Borrowings of ¥2,000 million related to the employee stock ownership plan trust were recognized, and the risk that guarantee obligations may arise if the share price declines continues to be disclosed. - FY2022-Q2First statedAnnual report
「The company guarantees borrowings undertaken by the trustee to acquire company shares through Trust E. If a residual borrowing balance equivalent to a loss on the sale of shares remains when the trust ends because of a decline in the company’s share price or other factors, the company will repay that residual balance under the guarantee agreement.」
A new risk has been disclosed: in connection with the acquisition of shares by the employee stock ownership plan trust, the company may have guarantee obligations to repay any remaining borrowings arising at the termination of the trust due to a decline in the share price or other factors.