Risks Related to Borrowing and Financing Terms and Rising Interest Rates

「In addition to entering into overdraft agreements with multiple banks, the company has entered into a long-term borrowing agreement with MUFG Bank, Ltd., its principal bank. It is securing financing options while managing the liquidity of its cash on hand.」

「The company may be unable to raise funds promptly and on terms it considers favorable due to factors such as a deterioration in overall market conditions caused by an economic downturn or credit tightening, or a decline in creditworthiness resulting from weaker performance. In addition, if long-term or short-term interest rates rise in the future, higher borrowing costs could affect the company's results of operations and financial condition.」