Risk of Loss of Benefit of Time from Breaching Financial Covenants
First written in FY2016. 28 of 29 entries say "Restated". Latest entry: FY2025.
The whole theme swung hardest in 2017: 8 of 54 companies on the "Worse" side.
40 other companies' latest entry also says "Restated".
- FY2025RestatedAnnual report
「Some of our borrowings are subject to financial covenants. Although we believe that the likelihood of breaching them is currently low, if the business environment changes drastically for some reason in the future and we breach the financial covenants, we would lose the benefit of time for repayment and be required to repay the relevant borrowings in a lump sum, which could affect our financial position and operating results.」
The company reconfirms the risk of losing the benefit of time for repayment and having to repay borrowings in a lump sum if the financial covenants are breached. - FY2024RestatedAnnual report
「Some of our borrowings are subject to financial covenants. Although we believe that the likelihood of breaching them is currently low, if the business environment changes drastically for some reason in the future and we breach the financial covenants, we would lose the benefit of time for repayment and be required to repay the relevant borrowings in a lump sum, which could affect our financial position and operating results.」
The company reconfirms the risk of losing the benefit of time for repayment and having to repay borrowings in a lump sum if the financial covenants are breached. - FY2024-Q3RestatedAnnual report
「During the cumulative third-quarter period, there were no new business risks and no material changes in the business risks described in the annual securities report for the preceding fiscal year.」
The company considers that there has been no material change in the risk of losing the benefit of time for repayment if the financial covenants are breached. - FY2024-Q2RestatedAnnual report
「During the cumulative second-quarter period, there were no new business risks and no material changes in the business risks described in the annual securities report for the preceding fiscal year.」
The company considers that there has been no material change in the risk of losing the benefit of time for repayment if the financial covenants are breached. - FY2023-Q3RestatedAnnual report
「During the cumulative third-quarter period, there were no new business risks and no material changes in the business risks described in the annual securities report for the preceding fiscal year.」
The company considers that there has been no material change in the risk of losing the benefit of time for repayment if the financial covenants are breached. - FY2023-Q2RestatedAnnual report
「During the cumulative second-quarter period, there were no new business risks and no material changes in the business risks described in the annual securities report for the preceding fiscal year.」
The company considers that there has been no material change in the risk of losing the benefit of time for repayment if the financial covenants are breached. - FY2023-Q1RestatedAnnual report
「During the cumulative first-quarter period, there were no new business or other risks, nor any material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The company considers that there has been no material change in the risk of losing the benefit of time for repayment if the financial covenants are breached. - FY2022RestatedAnnual report
「Some of our borrowings are subject to financial covenants. Although we believe that the likelihood of breaching them is currently low, if the business environment changes drastically for some reason in the future and we breach the financial covenants, we would lose the benefit of time for repayment and be required to repay the relevant borrowings in a lump sum, which could affect our financial position and operating results.」
The company reconfirms the risk of losing the benefit of time for repayment and having to repay borrowings in a lump sum if the financial covenants are breached. - FY2022-Q3RestatedAnnual report
「During the cumulative third-quarter period, there were no new business risks and no material changes in the business risks described in the annual securities report for the preceding fiscal year.」
The company considers that there has been no material change in the risk of losing the benefit of time for repayment if the financial covenants are breached. - FY2022-Q2RestatedAnnual report
「During the cumulative second-quarter period, there were no new business risks and no material changes in the business risks described in the annual securities report for the preceding fiscal year.」
The company considers that there has been no material change in the risk of losing the benefit of time for repayment if the financial covenants are breached. - FY2022-Q1RestatedAnnual report
「During the cumulative first-quarter period, there were no new business or other risks, nor any material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The company considers that there has been no material change in the risk of losing the benefit of time for repayment if the financial covenants are breached. - FY2021RestatedAnnual report
「Some of our borrowings are subject to financial covenants. Although we believe that the likelihood of breaching them is currently low, if the business environment changes drastically for some reason in the future and we breach the financial covenants, we would lose the benefit of time for repayment and be required to repay the relevant borrowings in a lump sum, which could affect our financial position and operating results.」
The company reconfirms the risk of losing the benefit of time for repayment and having to repay borrowings in a lump sum if the financial covenants are breached. - FY2021-Q3RestatedAnnual report
「During the cumulative third-quarter period, there were no new business risks and no material changes in the business risks described in the annual securities report for the preceding fiscal year.」
The company considers that there has been no material change in the risk of losing the benefit of time for repayment if the financial covenants are breached. - FY2021-Q2RestatedAnnual report
「During the cumulative second-quarter period, there were no new business risks and no material changes in the business risks described in the annual securities report for the preceding fiscal year.」
The company considers that there has been no material change in the risk of losing the benefit of time for repayment if the financial covenants are breached. - FY2021-Q1RestatedAnnual report
「During the cumulative first-quarter period, there were no new business or other risks, nor any material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The company considers that there has been no material change in the risk of losing the benefit of time for repayment if the financial covenants are breached. - FY2020-Q3RestatedAnnual report
「During the cumulative third-quarter period, there were no new business risks and no material changes in the business risks described in the annual securities report for the preceding fiscal year.」
The company considers that there has been no material change in the risk of losing the benefit of time for repayment if the financial covenants are breached. - FY2020-Q2RestatedAnnual report
「During the cumulative second-quarter period, there were no new business risks and no material changes in the business risks described in the annual securities report for the preceding fiscal year.」
The company considers that there has been no material change in the risk of losing the benefit of time for repayment if the financial covenants are breached. - FY2020-Q1RestatedAnnual report
「During the cumulative first-quarter period, there were no new business or other risks, nor any material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The company considers that there has been no material change in the risk of losing the benefit of time for repayment if the financial covenants are breached. - FY2019RestatedAnnual report
「Some of our borrowings are subject to financial covenants. Although we believe that the likelihood of breaching them is currently low, if the business environment changes drastically for some reason in the future and we breach the financial covenants, we would lose the benefit of time for repayment and be required to repay the relevant borrowings in a lump sum, which could affect our financial position and operating results.」
The company reconfirms the risk of losing the benefit of time for repayment and having to repay borrowings in a lump sum if the financial covenants are breached. - FY2019-Q3RestatedAnnual report
「During the cumulative third-quarter period, there were no new business risks and no material changes in the business risks described in the annual securities report for the preceding fiscal year.」
The company considers that there has been no material change in the risk of losing the benefit of time for repayment if the financial covenants are breached. - FY2019-Q2RestatedAnnual report
「During the cumulative second-quarter period, there were no new business risks and no material changes in the business risks described in the annual securities report for the preceding fiscal year.」
The company considers that there has been no material change in the risk of losing the benefit of time for repayment if the financial covenants are breached. - FY2019-Q1RestatedAnnual report
「During the cumulative first-quarter period, there were no new business or other risks, nor any material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The company considers that there has been no material change in the risk of losing the benefit of time for repayment if the financial covenants are breached. - FY2018-Q3RestatedAnnual report
「During the cumulative third-quarter period, there were no new business risks and no material changes in the business risks described in the annual securities report for the preceding fiscal year.」
The company considers that there has been no material change in the risk of losing the benefit of time for repayment if the financial covenants are breached. - FY2018-Q2RestatedAnnual report
「During the cumulative second-quarter period, there were no new business risks and no material changes in the business risks described in the annual securities report for the preceding fiscal year.」
The company considers that there has been no material change in the risk of losing the benefit of time for repayment if the financial covenants are breached. - FY2018-Q1RestatedAnnual report
「During the cumulative first-quarter period, there were no new business or other risks, nor any material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The company considers that there has been no material change in the risk of losing the benefit of time for repayment if the financial covenants are breached. - FY2017-Q3RestatedAnnual report
「During the cumulative third-quarter period, there were no new business risks and no material changes in the business risks described in the annual securities report for the preceding fiscal year.」
The company considers that there has been no material change in the risk of losing the benefit of time for repayment if the financial covenants are breached. - FY2017-Q2RestatedAnnual report
「During the cumulative second-quarter period, there were no new business risks and no material changes in the business risks described in the annual securities report for the preceding fiscal year.」
The company considers that there has been no material change in the risk of losing the benefit of time for repayment if the financial covenants are breached. - FY2017-Q1RestatedAnnual report
「During the cumulative first-quarter period, there were no new business or other risks, nor any material changes to the business and other risks described in the annual securities report for the previous fiscal year.」
The company considers that there has been no material change in the risk of losing the benefit of time for repayment if the financial covenants are breached. - FY2016First statedAnnual report
「Some of our borrowings are subject to financial covenants. Although we believe that the likelihood of breaching them is currently low, if the business environment changes drastically for some reason in the future and we breach the financial covenants, we would lose the benefit of time for repayment and be required to repay the relevant borrowings in a lump sum,」
The disclosure states that the borrowings may have to be repaid in a lump sum if the financial covenants are breached.