Decision and Details
Board of DirectorsIncrease in the borrowing limit under the overdraft agreement
To obtain funds needed to acquire real estate for sale flexibly and stably when required. The expanded financing capacity will enable the Company to pursue a more aggressive business strategy and contribute to further expansion of the scale of its operations.
The impact on results for the current fiscal year will be immaterial. The Company will promptly disclose any material impact on its results if one becomes apparent.
| Item | Details |
|---|---|
| Matter Covered | Increase in the borrowing limit under the overdraft agreement |
| Decision-Making Body | Board of Directors |
| Decision Date | 22 October 2026 |
| Implementation Date | 30 October 2026 (scheduled contract date) |
| Amount | Borrowing limit: ¥2.5 billion; previous limit: ¥2.0 billion; increase: ¥500 million |
| Quantity / scale | Financial covenant: quarterly inventory turnover period of no more than 9 months |
| Impact on Business Performance | The impact on results for the current fiscal year will be immaterial. The Company will promptly disclose any material impact on its results if one becomes apparent. |
| Reason | To obtain funds needed to acquire real estate for sale flexibly and stably when required. The expanded financing capacity will enable the Company to pursue a more aggressive business strategy and contribute to further expansion of the scale of its operations. |
| Related previous disclosures | Overdraft agreement entered into on 16 December 2022 (title: Not disclosed) |
| Future plans | The Company plans to enter into an agreement with Mizuho Bank, Ltd. on 30 October 2026. The Company will promptly disclose any material impact on business performance. |
Items this document does not state (2)
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 obtain funds needed to acquire real estate for sale flexibly and stably when required. The expanded financing capacity will enable the Company to pursue a more aggressive business strategy and further expand the scale of its operations.