Refinancing of Existing Borrowings through a Syndicated Loan with Financial Covenants and Recording of Non-operating Expenses
株式会社トライアルホールディングス
The existing borrowings related to financing the acquisition of all shares of Seiyu Co., Ltd., and Term Loans 1 and 2
The existing borrowings are a one-year bridge loan scheduled to mature on 1 July 2026.
Approximately ¥5,511 million. This amount is expected to be recorded as non-operating expenses in the form of borrowing-related costs associated with the refinancing, specifically financing arrangement fees.
The current consolidated fiscal year (1 July 2025 to 30 June 2026)
The impact has already been reflected in the earnings forecasts for the fiscal year ending June 2026 announced on 14 May 2026, and there will be no change to the earnings forecasts. There is currently no impact on the medium-term management plan either.
The agreement is scheduled to be executed on 26 June 2026, and the borrowings are scheduled to be drawn down on 1 July 2026. To avoid future interest rate fluctuation risk and fix interest costs, the company plans to enter into separate interest rate swaps for part of the borrowings and fix the interest rates.
The company will promptly disclose any facts that should be announced in the future.
| Item | Details |
|---|---|
| Event name | Refinancing of Existing Borrowings through a Syndicated Loan with Financial Covenants and Recording of Non-operating Expenses |
| Date of occurrence | 23 June 2026 (the date on which the decision was made to execute the agreement for this refinancing) |
| Subject Entity | 株式会社トライアルホールディングス |
| Target Locations / Products | The existing borrowings related to financing the acquisition of all shares of Seiyu Co., Ltd., and Term Loans 1 and 2 |
| Cause | The existing borrowings are a one-year bridge loan scheduled to mature on 1 July 2026. |
| Amount of Impact on Business Performance | Approximately ¥5,511 million. This amount is expected to be recorded as non-operating expenses in the form of borrowing-related costs associated with the refinancing, specifically financing arrangement fees. |
| Accounting period in which recognized | The current consolidated fiscal year (1 July 2025 to 30 June 2026) |
| Impact on Earnings Forecast | The impact has already been reflected in the earnings forecasts for the fiscal year ending June 2026 announced on 14 May 2026, and there will be no change to the earnings forecasts. There is currently no impact on the medium-term management plan either. |
| Outlook | The agreement is scheduled to be executed on 26 June 2026, and the borrowings are scheduled to be drawn down on 1 July 2026. To avoid future interest rate fluctuation risk and fix interest costs, the company plans to enter into separate interest rate swaps for part of the borrowings and fix the interest rates. |
| Planned follow-up disclosure | The company will promptly disclose any facts that should be announced in the future. |
Items this document does not state (15)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.The existing borrowings are a one-year bridge loan scheduled to mature on 1 July 2026, and this refinancing is therefore being carried out. The approximately ¥5,511 million in non-operating expenses represents borrowing-related costs associated with the refinancing, specifically financing arrangement fees.