Stabilizing cash on hand and the financial foundation through a subordinated loan with equity-like characteristics
First written in FY2022-Q1. 1 of 3 entries say "Advanced", first in FY2022-Q2. Latest entry: FY2025-Q1.
2 other companies' latest entry also says "Other".
- FY2025-Q1Repayment and refinancing of capital-subordinated loansAnnual report
「The company repaid the following capital-subordinated loans on 26 June 2024. Borrowing amount ¥800 million ¥200 million Borrowing date 30 June 2021 Repayment period 8 years and 9 months (bullet repayment at maturity)」
The ¥1 billion capital-subordinated loan raised in June 2021 was repaid on 26 June 2024. The company borrowed ¥500 million from Joyo Bank as part of the repayment funding, and its measures to stabilize the financial base have shifted to repayment and refinancing. - FY2022-Q2AdvancedAnnual report
「At a meeting of the Board of Directors held on 23 June 2021, the company resolved to raise ¥1 billion through a capital-subordinated loan in order to promptly increase cash on hand and ensure the stability of its financial base over the medium to long term, and drew down the loan on 30 June 2021.」
The ¥1 billion capital-subordinated loan approved in the previous quarter was drawn down on 30 June. The company also disclosed specific terms, including the lender, an 8-year-and-9-month repayment period, a fixed interest rate, and unsecured and unguaranteed status. - FY2022-Q1First statedAnnual report
「The Company announces that, at a Board of Directors meeting held on 23 June 2021, it resolved to raise funds through ¥1 billion in capital subordinated loans to increase cash on hand and promptly secure the stability of its financial base over the medium to long term.」
The company resolved to raise ¥1 billion through a capital-subordinated loan to increase cash on hand and ensure the stability of its financial base over the medium to long term. The loan was drawn down on 30 June 2021, has a repayment period of 8 years and 9 months, and is unsecured and unguaranteed.