Funding for Capital Expenditures Through a Syndicated Commitment Loan
First written in FY2018. 2 of 17 entries say "Worsened", first in FY2025. Latest entry: FY2026.
- FY2026Syndicated loan balance updatedAnnual report
「The company entered into a syndicated committed credit facility agreement with 5 relationship banks on 27 April 2018 (outstanding borrowings: ¥2,480 million), and this agreement contains the financial covenants described below. As of the end of the consolidated fiscal year, the company was in breach of the financial covenant described in ① below.」
The outstanding borrowings under the syndicated committed credit facility agreement totaled ¥2,480 million, and the company continued to disclose a breach of the financial covenant relating to the maintenance of net assets. - 2026-07-14WorsenedEarnings
「At the end of the consolidated fiscal year, the Company was in breach of the financial covenants described in (1) below, but will continue constructive discussions with its lending banks to obtain continued support.」
The Company disclosed a breach of the net asset maintenance covenant under its syndicated loan agreement and continued discussions with financial institutions. - FY2025WorsenedAnnual report
「At the end of the consolidated fiscal year, the Company was in breach of the financial covenants described in (1) below, but will continue constructive discussions with its lending banks to obtain continued support.」
The outstanding borrowings under the syndicated committed credit facility agreement were updated to ¥2,511 million, and the company disclosed a breach of the financial covenant relating to the maintenance of net assets. - FY2025-H1Decrease in the outstanding balance of syndicated loan borrowingsAnnual report
「To enable the flexible and stable procurement of funds for the building constructed in 2-chome Nishiki, Naka-ku, Nagoya, the company entered into a syndicated committed credit facility agreement with 5 relationship banks on 27 April 2018 (outstanding borrowings: ¥2,573 million),」
Under the existing syndicated committed credit facility agreement, the outstanding borrowings were updated from ¥2,635 million at the end of the previous fiscal year to ¥2,573 million. - FY2024Decrease in the outstanding balance of syndicated loan borrowingsAnnual report
「The company entered into a syndicated committed credit facility agreement with 5 relationship banks on 27 April 2018 (outstanding borrowings: ¥2,635 million),」
Under the existing syndicated committed credit facility agreement, the outstanding borrowings were updated from ¥2,759 million in the previous fiscal year to ¥2,635 million. - FY2024-Q3Increase in long-term borrowings in the third quarterAnnual report
「Liabilities totaled ¥20,940 million, an increase of ¥1,121 million from the end of the previous consolidated fiscal year. This was primarily due to an increase in long-term borrowings.」
The company disclosed that the primary reason for the increase in liabilities at the end of the third quarter was an increase in long-term borrowings. - FY2024-Q2First-half long-term borrowings and bond issuanceAnnual report
「Cash flow from financing activities for the six months ended the second quarter resulted in cash inflows of ¥1.612 billion, including ¥1.65 billion from long-term borrowings, compared with cash outflows of ¥431 million in the same quarter of the previous year.」
In addition to raising ¥1.65 billion through long-term borrowings during the first half, the company recorded cash inflows of ¥494.802 million from the issuance of bonds. - FY2024-Q1First-quarter increase in long-term borrowingsAnnual report
「Liabilities totaled ¥20.664 billion, an increase of ¥845 million from the end of the previous consolidated fiscal year. This was mainly due to an increase in long-term borrowings.」
The company disclosed an increase in long-term borrowings during the first quarter. The filing does not expressly state that this was under the existing syndicated committed loan facility agreement. - FY2023Decrease in the outstanding balance of syndicated loan borrowingsAnnual report
「The company entered into a syndicated committed loan facility agreement with 5 of its relationship banks on 27 April 2018 (outstanding balance: ¥2.759 billion),」
For the existing syndicated committed loan facility agreement, the company updated the outstanding balance from ¥2.883 billion in the previous fiscal year to ¥2.759 billion. - FY2023-Q2First-half repayment of long-term borrowingsAnnual report
「Cash flow from financing activities for the six months ended the second quarter resulted in cash outflows of ¥431 million, including ¥582 million for the repayment of long-term borrowings, compared with cash inflows of ¥789 million in the same quarter of the previous year.」
During the first half, the company received ¥200 million from long-term borrowings, while repayment of long-term borrowings of ¥580.5 million and other items resulted in cash outflows from financing activities. - FY2022-Q2First-half long-term borrowingsAnnual report
「Cash flow from financing activities for the six months ended the second quarter resulted in cash inflows of ¥789 million, including ¥1.351 billion from an increase in long-term borrowings, compared with cash outflows of ¥482 million in the same quarter of the previous year.」
During the first half, the company received ¥1.351 billion from an increase in long-term borrowings, resulting in cash inflows of ¥789 million from financing activities. The filing does not expressly state that these borrowings were under the existing syndicated committed loan facility agreement. - FY2021Decrease in the outstanding balance of syndicated loan borrowingsAnnual report
「The company entered into a syndicated committed loan facility agreement with 5 of its relationship banks on 27 April 2018 (outstanding balance: ¥3,007 million),」
For the existing syndicated committed loan facility agreement, the company updated the outstanding balance from ¥3.1 billion to ¥3.007 billion. - FY2021-Q2First-half repayment of long-term borrowingsAnnual report
「The company had cash outflows of ¥482 million, including ¥386 million for the repayment of long-term borrowings, compared with cash inflows of ¥541 million in the same quarter of the previous year.」
During the first half, there were no cash inflows from new long-term borrowings, and cash flow from financing activities was an outflow due to the repayment of long-term borrowings. - FY2020-Q2First-half long-term borrowingsAnnual report
「While the company raised ¥903 million through long-term borrowings, cash inflows totaled ¥541 million due mainly to outflows of ¥406 million for the repayment of long-term borrowings.」
During the first half, the company raised ¥903 million through long-term borrowings and repaid ¥406 million. The filing does not expressly state that these borrowings were under the existing syndicated committed loan facility agreement. - FY2019RestatedAnnual report
「To enable flexible and stable funding for the construction of a building at 2-chome, Nishiki, Naka-ku, Nagoya, the company entered into a syndicated committed loan facility agreement with 5 of its relationship banks. Facility amount: ¥3.1 billion. Agreement period: 27 April 2018–30 June 2045.」
The annual report also confirms the ¥3.1 billion syndicated committed loan facility agreement with 5 banks and its long-term agreement period. - FY2019-Q2AdvancedAnnual report
「While the company raised ¥1.835 billion through long-term borrowings, cash inflows totaled ¥513 million due mainly to outflows of ¥1.232 billion for the repayment of long-term borrowings.」
In connection with the funding theme involving capital expenditures, the company disclosed that it raised ¥1.835 billion through long-term borrowings during the first half. The filing does not expressly state that these borrowings were under the existing syndicated committed loan facility agreement. - FY2018First statedAnnual report
「To enable flexible and stable funding for the construction of a building at 2-chome, Nishiki, Naka-ku, Nagoya, the company entered into a syndicated committed loan facility agreement with 5 of its relationship banks. “Facility amount: ¥3.1 billion” “Agreement date: 27 April 2018” “Agreement period: 27 April 2018–30 June 2045”」
The company entered into a ¥3.1 billion syndicated committed loan facility agreement with 5 banks for the construction of a building in Naka-ku, Nagoya. The agreement also includes financial covenants requiring the maintenance of net assets and avoidance of ordinary losses in 2 consecutive fiscal years.