Keihan Holdings Co., Ltd.
Notice of Entering into a Financial Instrument with Financial Covenants
Entered into a loan with financial covenants for business funding. Principal debt is 36,550 hundred million yen; maturities are 2031/9/30 and 2033/9/30; covenants require the net assets on the balance sheet to be maintained at at least 75% of the prior period's figure. The impact on the fiscal year ending March 2027 is expected to be minor.
Key Figures
- Debt principal: 36,550 百万円
- Maturity dates: 2031 年 9 月 30 日、2033 年 9 月 30 日
- Financial covenants: Maintain net assets at 75% or more of the previous fiscal year's end
- Outlook: Minor impact for the year ending March 2027
AI要約
Contract overview
We have decided to enter into a loan with financial covenants. The principal of the loan is 36,550百万円, and the counterparty is a syndicate of city banks, etc. The maturity dates are September 30, 2031 and September 30, 2033, and no collateral is provided. The primary purpose of entering into the contract is to secure funds for business funding (including refinancing).
Financial impact and future outlook
As a financial covenant, the amount in the consolidated balance sheet's net assets at the end of each fiscal year must be maintained at 75% or more of the amount at the end of the previous fiscal year. As long as these conditions are met, the impact on the consolidated performance for the year ending March 2027 is expected to be minor, and the financing is aimed at ensuring financial stability.
Keihan Holdings Corporation
Company overview · Stock price · Financial data · All IR
