Discussions on extending borrowing maturities and repayment methods
First written in FY2016-Q3. 12 of 19 entries say "Restated". Latest entry: FY2020.
The whole theme swung hardest in 2022: 1 of 7 companies on the "Worse" side.
1 other company's latest entry also says "Achieved".
- FY2020AchievedAnnual report
「The group issued new shares through a third-party allotment and worked to reduce interest-bearing debt through contribution in kind and raise funds for its business. It completed the long-standing task of restructuring its liabilities, resolved the funding-related issue concerning business continuity, and eliminated the events or circumstances that had raised substantial doubt about the going-concern assumption.」
The company stated that it had completed the restructuring of its liabilities, a long-standing issue, and resolved the funding-related business continuity problem through a third-party allotment of new shares and the reduction of interest-bearing debt through contribution in kind. - FY2020-Q3RestatedAnnual report
「Meanwhile, in terms of its financial position, during the previous fiscal year, interest-bearing debt of the company that had become subject to loss of the benefit of time, as well as interest-bearing debt for which repayment had been deferred, was eliminated through repayment, contribution in kind (a debt-to-equity swap), and debt forgiveness, allowing the company to emerge from the critical situation in which the continuation of its business was in doubt.」
The company reiterated that no debt subject to loss of the benefit of time or deferred repayment debt remained following repayment, a debt-to-equity swap, and debt forgiveness. - FY2020-Q2RestatedAnnual report
「Meanwhile, in terms of its financial position, during the previous fiscal year, interest-bearing debt that had become subject to loss of the benefit of time, as well as interest-bearing debt for which repayment had been deferred, was eliminated through repayment, contribution in kind (a debt-to-equity swap), and debt forgiveness, allowing the company to emerge from the critical situation in which the continuation of its business was in doubt.」
The company reiterated that debt subject to loss of the benefit of time and deferred repayment debt had been eliminated through repayment, a debt-to-equity swap, and debt forgiveness. - FY2020-Q1RestatedAnnual report
「Meanwhile, in terms of its financial position, during the previous fiscal year, interest-bearing debt that had become subject to loss of the benefit of time, as well as interest-bearing debt for which repayment had been deferred, was eliminated through repayment, contribution in kind (a debt-to-equity swap), and debt forgiveness, allowing the company to emerge from the critical situation in which the continuation of its business was in doubt.」
The company reiterated that liabilities subject to loss of the benefit of time and deferred repayment debt had been eliminated through repayment, a debt-to-equity swap, and debt forgiveness. - FY2019AchievedAnnual report
「Interest-bearing debt that had become subject to loss of the benefit of time, as well as interest-bearing debt for which repayment had been deferred, was eliminated through repayment, contribution in kind (a debt-to-equity swap), and debt forgiveness, allowing the company to emerge from the critical situation in which the continuation of its business was in doubt.」
The company stated that liabilities subject to loss of the benefit of time and deferred repayment debt had been eliminated through repayment, a debt-to-equity swap, and debt forgiveness. However, it identifies the continued repayment of remaining interest-bearing debt and securing funds through new borrowings as issues. - FY2019-Q3AdvancedAnnual report
「In terms of its financial position, during the third quarter of the current fiscal year, interest-bearing debt that had become subject to loss of the benefit of time or had been granted repayment deferrals was eliminated through repayment, contribution in kind (a debt-to-equity swap), and debt forgiveness.」
The company eliminated interest-bearing debt that had become subject to loss of the benefit of time or had been granted repayment deferrals through repayment, a debt-to-equity swap, and debt forgiveness. - FY2019-Q2AdvancedAnnual report
「We applied all funds raised through the exercise of the stock acquisition rights in question to the repayment of borrowings, as described below.」
The company applied ¥232 million raised through the exercise of the 4th series of stock acquisition rights to the repayment of borrowings, leaving a borrowing balance of ¥368 million with a repayment due date of 30 April 2021. This describes a specific repayment record toward normalizing the company’s debt. - FY2019-Q1AdvancedAnnual report
「There were 2 items of interest-bearing debt that had become subject to loss of the benefit of time because the repayment due dates had passed. After lengthy negotiations with the creditors, the claim for 1 item was transferred, and the company reached an agreement with the new creditor to extend the repayment due date and change the interest rate. The remaining 1 item was repaid using funds under a newly executed loan agreement. As a result, no interest-bearing debt subject to loss of the benefit of time remains.」
The company stated that, of the 2 items of interest-bearing debt subject to loss of the benefit of time, it agreed to an extension of the repayment due date and a change in the interest rate for 1 item after the claim was transferred, and repaid the remaining 1 item using funds under a new loan agreement. - FY2018WorsenedAnnual report
「In particular, with respect to borrowings from some financial institutions and others, interest-bearing debt subject to loss of the benefit of time exists because the repayment due date has passed, and we continue to negotiate with those creditors. The company is in a situation where the continuation of its business is in doubt.」
The situation progressed beyond discussions on maturity extensions and repayment methods: interest-bearing debt subject to loss of the benefit of time exists because the repayment due date has passed, and the company reached a point where the continuation of its business was in doubt. - FY2018-Q3RestatedAnnual report
「With respect to borrowings from financial institutions and others, we have delayed repayment of principal and payment of interest after explaining the situation in advance, while implementing maturity extensions with some financial institutions and others. For those with which extensions have not yet been implemented, we will continue discussions, including on maturity extensions and future repayment methods.」
The company continues to implement maturity extensions with some financial institutions and discuss maturity extensions and repayment methods with those where the process remains incomplete. - FY2018-Q2RestatedAnnual report
「With respect to borrowings from financial institutions and others, we have delayed repayment of principal and payment of interest after explaining the situation in advance, while implementing maturity extensions with some financial institutions and others. For those with which extensions have not yet been implemented, we will continue discussions, including on maturity extensions and future repayment methods.」
The company continues to implement maturity extensions with some financial institutions and discuss maturity extensions and repayment methods with those where the process remains incomplete. - FY2018-Q1RestatedAnnual report
「With respect to borrowings from financial institutions and others, we have delayed repayment of principal and payment of interest after explaining the situation in advance, while implementing maturity extensions with some financial institutions and others. For those with which extensions have not yet been implemented, we will continue discussions, including on maturity extensions and future repayment methods.」
The company continues to implement maturity extensions with some financial institutions and discuss maturity extensions and repayment methods with those where the process remains incomplete. - FY2017-Q4RestatedAnnual report
「With respect to borrowings from financial institutions and others, we have delayed repayment of principal and payment of interest after explaining the situation in advance, while implementing maturity extensions with some financial institutions and others. For those with which extensions have not yet been implemented, we will continue discussions, including on maturity extensions and future repayment methods.」
The company continues to implement maturity extensions with some financial institutions and discuss maturity extensions and repayment methods with those where the process remains incomplete. - FY2017-Q3RestatedAnnual report
「With respect to borrowings from financial institutions and others, we have delayed repayment of principal and payment of interest after explaining the situation in advance, while implementing maturity extensions with some financial institutions and others. For those with which extensions have not yet been implemented, we will continue discussions, including on maturity extensions and future repayment methods.」
The company continues to implement maturity extensions with some financial institutions and discuss maturity extensions and repayment methods with those where the process remains incomplete. - FY2017RestatedAnnual report
「With respect to borrowings from financial institutions and others, we have delayed repayment of principal and payment of interest after explaining the situation in advance, while implementing maturity extensions with some financial institutions and others. For those with which extensions have not yet been implemented, we will continue discussions, including on maturity extensions and future repayment methods.」
The company continues to implement maturity extensions with some financial institutions and discuss maturity extensions and repayment methods with those where the process remains incomplete. - FY2017RestatedAnnual report
「With respect to borrowings from financial institutions and others, we have delayed repayment of principal and payment of interest after explaining the situation in advance, while implementing maturity extensions with some financial institutions and others. For those with which extensions have not yet been implemented, we will continue discussions, including on maturity extensions and future repayment methods.」
The company continues to implement maturity extensions with some financial institutions and discuss maturity extensions and repayment methods with those where the process remains incomplete. - FY2017-Q1RestatedAnnual report
「With respect to borrowings from financial institutions and others, we have delayed repayment of principal and payment of interest after explaining the situation in advance, while implementing maturity extensions with some financial institutions and others. For those with which extensions have not yet been implemented, we will continue discussions, including on maturity extensions and future repayment methods.」
The company continues to implement maturity extensions with some financial institutions and discuss maturity extensions and repayment methods with those where the process remains incomplete. - FY2016-Q4RestatedAnnual report
「We have implemented maturity extensions with certain financial institutions and other lenders. With lenders where extensions have not yet been implemented, we will continue discussions, including on maturity extensions and future repayment methods.」
The company continues to implement maturity extensions with some financial institutions and discuss maturity extensions and repayment methods with those where the process remains incomplete. - FY2016-Q3First statedAnnual report
「We have implemented maturity extensions with certain financial institutions and other lenders. With lenders where extensions have not yet been implemented, we will continue discussions, including on maturity extensions and future repayment methods.」
Maturity extensions have been implemented with some financial institutions, while discussions on maturity extensions and repayment methods continue with the remaining lenders.