Striders (9816) · RiskFirst statedLatest Timely disclosure (2026-08-25): "Mitigated"
Risk of loss of the benefit of time under financial covenants in loan agreements
First written in FY2025. 1 of 2 entries say "Mitigated", first in 2026-08-25. Latest entry: 2026-08-25.
2entries
2years
1from disclosures
How it moved
Same theme, other companies
Risk of repayment obligations on borrowings due to breach of financial covenantsA theme 164 companies write about · 165 as a headwind · 0 as a tailwind
The whole theme swung hardest in 2017: 8 of 55 companies on the "Worse" side.
52 other companies' latest entry also says "Mitigated".
Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 164 companies compared. The sentences above are computed from all 164.Full recordFilings, disclosures and news, newest first
- 2026-08-25MitigatedTimely disclosureSuggests it is closing out
「All financial covenants in effect before the change have been released.」
For the borrowing agreement of Narita Gateway Hotel, all previous financial covenants have been released, reducing the risk of loss of the benefit of time under those covenants. - FY2025First statedAnnual report
「The agreement contains the following financial covenants, which may have a material impact on the Group's financial position and financing.」
For the agreement covering Narita Gateway Hotel's borrowings of ¥876.892 million, repayable on 25 November 2037, the company newly disclosed financial covenants including a prohibition on ordinary losses for 2 consecutive fiscal years, maintenance of net assets at 75% or more, and prior reporting of capital expenditures and borrowings above specified amounts. In the event of a breach, the company may lose the benefit of the repayment deadline and be required to make lump-sum repayment of the borrowings.