Entered into a loan agreement with financial covenants for working capital with a syndicate including city banks. The principal is 7,200 million yen, maturities run from 2026\/9\/30 to 2029\/9\/28. Financial covenants require no consecutive ordinary losses for two fiscal years from the fiscal year ending March 2027 and maintaining net assets at or above 32.7 billion yen or 75% of the most recent fiscal year-end net assets, whichever is higher. The impact on future consolidated results is expected to be minor.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"price_fetched_at":"","company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"6330","jir_company_name":"Toyo Engineering Corporation","jir_importance":"\u2605\u2605\u2605\u2606\u2606","jir_publication_date":"2026-09-28","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/09\/6330-20260928-01.pdf","jir_short_summary":"Entered into a loan agreement with financial covenants for working capital with a syndicate including city banks. The principal is 7,200 million yen, maturities run from 2026\/9\/30 to 2029\/9\/28. Financial covenants require no consecutive ordinary losses for two fiscal years from the fiscal year ending March 2027 and maintaining net assets at or above 32.7 billion yen or 75% of the most recent fiscal year-end net assets, whichever is higher. The impact on future consolidated results is expected to be minor.","jir_summary":"### Overview and Contract Terms\nToyo Engineering Corporation entered into a loan agreement containing financial covenants for the purpose of working capital. The counterparty is a syndicate including city banks. The principal amount is 7,200 million yen, and the repayment period is from 2026-09-30 to 2029-09-28. No collateral has been provided.\n\n### Financial Covenants and Impact\nThe covenants require that, from the fiscal year ending March 2027 onward, consolidated ordinary income must not record losses for two consecutive fiscal years, and that consolidated net assets from the second quarter of the fiscal year ending March 2027 onward must be maintained at 32.7 billion yen or at least 75% of the most recent fiscal year-end net assets, whichever is higher. These conditions are intended to secure financial soundness.","jir_financial_highlights":"Loan principal: 7,200 million yen (Unknown)\nMaturity dates: 2026-09-30 \uff5e 2029-09-28 (Unknown)\nFinancial covenant on consolidated ordinary income: No recording of losses for two consecutive fiscal years (Unknown)\nNet assets maintenance requirement: 32.7 billion yen or 75% of the most recent fiscal year-end net assets (Unknown)","jir_category":"","jir_hashtags":"#ToyoEngineering, #FinancialCovenantExplanation","jir_key_figures":"Principal: 7,200 million yen\nRepayment period: 2026\/9\/30 \u301c 2029\/9\/28\nNet assets maintenance requirement: 32.7 billion yen or at least 75% of the most recent net assets, whichever is higher","jir_meta_title":"Toyo Engineering Corporation Announces Loan Agreement with Financial Covenants\uff5cSeptember 2026","jir_meta_description":"Toyo Engineering Corporation has executed a loan agreement containing financial covenants. Principal: 7,200 million yen; maturities from 2026\/9\/30 to 2029\/9\/28. Covenants aim to avoid consecutive ordinary losses and require maintenance of net assets.","jir_og_title":"Toyo Engineering Corporation\uff5cAnnouncement of Loan Agreement with Financial Covenants","jir_og_description":"Executed a loan agreement of 7,200 million yen for working capital with financial covenants requiring maintenance of ordinary income and net assets.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":16642,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"financial_summary","footnotes":""},"sector":[],"importance":[],"class_list":["post-123686","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n