Decision and Details
Board of DirectorsExecution of a syndicated loan agreement through a sustainability-linked loan and a loan agreement for tourism and real estate business development
Financing for capital expenditures, the refinancing of existing borrowings and working capital. Establishment of a platform for growth through development in the tourism and real estate businesses. Reduction of interest costs and promotion of sustainability management through the use of a sustainability-linked loan
The impact on consolidated results for the fiscal year ending March 2027 will be minor.
| Item | Details |
|---|---|
| Matter Covered | Execution of a syndicated loan agreement through a sustainability-linked loan and a loan agreement for tourism and real estate business development |
| Decision-Making Body | Board of Directors |
| Decision Date | 16 September 2026 |
| Implementation Date | The agreements are scheduled to be executed on 28 and 29 September 2026. The loans are scheduled to be drawn down on 29 and 30 September 2026 and 4 January 2027. |
| Period Covered | The syndicated loan will have a seven-year term from 30 September 2026 to 30 September 2033. The loan for tourism and real estate business development will have a one-year term from 29 September 2026 to 29 September 2027. |
| Amount | Syndicated loan amount: ¥900 million; loan amount for tourism and real estate business development: ¥2.5 billion |
| Impact on Business Performance | The impact on consolidated results for the fiscal year ending March 2027 will be minor. |
| Reason | Financing for capital expenditures, the refinancing of existing borrowings and working capital. Establishment of a platform for growth through development in the tourism and real estate businesses. Reduction of interest costs and promotion of sustainability management through the use of a sustainability-linked loan |
| Future plans | The syndicated loan agreement is scheduled to be executed on 28 September 2026, with drawdowns scheduled for 30 September 2026 and 4 January 2027. The loan agreement for tourism and real estate business development is scheduled to be executed and drawn down on 29 September 2026. Any matters requiring disclosure will be disclosed promptly if they arise. |
Items this document does not state (3)
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.To finance capital expenditures, the refinancing of existing borrowings and working capital, and to establish a platform for growth through development in the tourism and real estate businesses. For the sustainability-linked loan, reducing interest costs and promoting sustainability management were also cited as reasons.