Decision and Details
The Company's Board of DirectorsCompletion of repayment of borrowings by a consolidated subsidiary
The company confirmed its policy of completing repayment as soon as possible without waiting for the repayment deadline of 1 May 2026, with a view to reducing the interest burden and improving its financial structure.
The impact on results for the fiscal year ending February 2027 is expected to be minor. The company believes that this will help improve its financial base and stabilize its cash flow.
| Item | Details |
|---|---|
| Matter Covered | Completion of repayment of borrowings by a consolidated subsidiary |
| Decision-Making Body | The Company's Board of Directors |
| Decision Date | 17 April 2026 (date of the Board of Directors meeting) |
| Implementation Date | 17 April 2026 (repayment completed; actual date) |
| Period Covered | Outstanding borrowings for the period from 7 February 2026 to 17 April 2026 |
| Amount | Unpaid principal of US$5,000,000, interest of US$29,178, transaction fees of US$450,000, for a total of US$5,479,178 (approximately ¥871 million at ¥159 to the US dollar) |
| Quantity / scale | Repayment of the remaining US$5 million out of the original borrowing principal of US$10 million |
| Impact on Business Performance | The impact on results for the fiscal year ending February 2027 is expected to be minor. The company believes that this will help improve its financial base and stabilize its cash flow. |
| Reason | The company confirmed its policy of completing repayment as soon as possible without waiting for the repayment deadline of 1 May 2026, with a view to reducing the interest burden and improving its financial structure. |
| Related previous disclosures | Notice Regarding Borrowings by a Consolidated Subsidiary dated 23 July 2025; Notice Regarding Execution of Borrowings by a Consolidated Subsidiary dated 4 August 2025; and Notice Regarding Partial Repayment of Borrowings by a Consolidated Subsidiary and Extension of the Repayment Deadline for the Remaining Balance dated 6 February 2026 |
| Future plans | The company will confirm the facts regarding the source of the repayment funds, how they were raised, the timing of the decision, and whether the matter falls under the timely disclosure standards, and will promptly make disclosure if any matters requiring disclosure are identified. |
Items this document does not state (1)
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 company confirmed its policy of completing repayment as soon as possible without waiting for the repayment deadline, with a view to reducing the interest burden and improving its financial structure. The company believes that this will help improve its financial base and stabilize its cash flow. The company is currently confirming the facts with GPT regarding the source of the repayment funds and how they were raised.