1. Date of Event: 115/08/12
2. Details of the Guaranteed Party: (1) Company Name: Norley Corporation Inc. (2) Relationship with the Guarantee Provider: Wholly-owned subsidiary (100% ownership) (3) Guarantee Limit (in thousand JPY): 19,331,291 (4) Previous Guarantee Balance (in thousand JPY): 6,946,650 (5) Amount of New Guarantee Added (in thousand JPY): 1,938,600 (6) Guarantee Balance as of Event Date (in thousand JPY): 8,885,250 (7) Actual Amount Drawn by the Guaranteed Company (in thousand JPY): 1,615,500 (8) Reason for Additional Guarantee: Renewal of the bank credit facility upon expiration.
3. Collateral Provided by the Guaranteed Company: (1) Description: None (2) Value (in thousand JPY): 0
4. Latest Financial Statement of the Guaranteed Company: (1) Capital (in thousand JPY): 32,230 (2) Accumulated Profit/Loss (in thousand JPY): 14,002,749
5. Conditions and Date for Release of Guarantee Liability: (1) Conditions: Guarantee liability will be released upon repayment of the loan, termination of the contract, or release of collateral. (2) Date: As stated above.
6. Total Guarantee Limit (in thousand JPY): 57,993,873
7. Total Guarantee Balance as of Event Date (in thousand JPY): 14,485,250
8. Ratio of Guarantee Balance Provided by the Company to the Net Equity in the Latest Financial Statement of the Publicly Listed Company as of Event Date: 74.93%
9. Combined Ratio of Guarantee Balance, Long-Term Investment, and Loans to Others to the Net Equity in the Latest Financial Statement of the Publicly Listed Company as of Event Date: 125.56%
10. Other Matters to be Disclosed: None.
FACT BOX
- Source: PR Times
- Category: News
- Organizations: Norley Corporation Inc.
- Dates in source: 115/08/12