Tear (2485) · InitiativeAchieved
Short-term borrowing for M&A financing
First written in FY2024-Q1. 1 of 2 entries say "Achieved", first in FY2024-Q2. Latest entry: FY2024-Q2.
2entries
1years
0from disclosures
How it moved
Same theme, other companies
Borrowing to Fund M&A and Growth InvestmentsA theme 85 companies write about · 3 as a headwind · 88 as a tailwind
9 other companies' latest entry also says "Achieved".
Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 85 companies compared. The sentences above are computed from all 85.Full recordFilings, disclosures and news, newest first
- FY2024-Q2AchievedAnnual report
「We executed borrowings to refinance the short-term funds raised for the acquisition of shares in 株式会社ＮＳＳＫ－ＶＶ３ and 株式会社ＮＳＳＫ－ＴＴ, announced on 24 October 2023, and disclosed on 26 October 2023, as well as the long-term borrowings raised to finance facility construction.」
Executed a syndicated-loan refinancing of the short-term bridge financing for the acquisitions and the long-term borrowings for facility construction. - FY2024-Q1First statedAnnual report
「To acquire all shares of 株式会社ＮＳＳＫ－ＶＶ３, 株式会社ＮＳＳＫ－Ｖ３ and 株式会社ＮＳＳＫ－ＴＴ and make them subsidiaries, we obtained borrowings as short-term bridge financing until a syndicated loan was arranged.」
Borrowed ¥7,000 million on 16 November 2023 and ¥2,150 million on 20 November 2023 to fund the acquisitions. Both borrowings have six-month terms and are unsecured and unguaranteed.