Decision and Details
Board of DirectorsAgreements partially amending credit facility agreements (changes to the contractual term and interest rate terms) and the execution of joint and several guarantee agreements
To ensure consistent implementation based on the establishment of group lending rate operating rules and the results of an analysis by PwC Tax Japan, maintain a stable funding and financing structure, reduce the administrative burden associated with contract renewals, and minimize losses in the event of a subsidiary's default.
This is not expected to affect the figures in the published earnings forecasts, and the impact on future results is considered immaterial.
| Item | Details |
|---|---|
| Matter Covered | Agreements partially amending credit facility agreements (changes to the contractual term and interest rate terms) and the execution of joint and several guarantee agreements |
| Decision-Making Body | Board of Directors |
| Decision Date | 26 June 2026 |
| Implementation Date | Agreements executed on 26 June 2026 (completed) |
| Period Covered | From 26 June 2026 to 31 March 2027 (contractual term) |
| Amount | Agreement 1: credit limit of ¥1,100,000,000 and outstanding borrowings of ¥1,100,000,000; Agreement 2: credit limit of ¥300,000,000 and outstanding loans of ¥200,000,000; Agreement 3: credit limit of ¥300,000,000 and outstanding loans of ¥300,000,000; Agreement 4: credit limit of ¥400,000,000 and outstanding loans of ¥400,000,000; Joint and several guarantee 1: outstanding principal of ¥300,000,000; Joint and several guarantee 2: outstanding principal of ¥400,000,000; interest rate of 5.06% per annum; damages of 14% per annum |
| Quantity / scale | 4 committed lending agreements and 2 joint and several guarantee agreements |
| Impact on Business Performance | This is not expected to affect the figures in the published earnings forecasts, and the impact on future results is considered immaterial. |
| Reason | To ensure consistent implementation based on the establishment of group lending rate operating rules and the results of an analysis by PwC Tax Japan, maintain a stable funding and financing structure, reduce the administrative burden associated with contract renewals, and minimize losses in the event of a subsidiary's default. |
| Related previous disclosures | 29 March 2024, “Notice Regarding Borrowings of Funds from the Parent Company”; 28 March 2025, “Notice Regarding the Execution of Agreements Partially Amending Credit Facility Agreements with the Parent Company and Consolidated Subsidiaries and the Execution of Joint and Several Guarantee Agreements”; 31 March 2026, “Notice Regarding the Execution of Agreements Partially Amending Credit Facility Agreements with the Parent Company and Consolidated Subsidiaries and the Execution of Joint and Several Guarantee Agreements”; and 23 April 2024, “Notice Regarding the Execution of Joint and Several Guarantee Agreements with the Parent Company and Consolidated Subsidiaries” |
| Future plans | The principal and interest will be repaid in a lump sum on 31 March 2027 (the contractual term). |
Items this document does not state (1)
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 ensure consistent implementation based on the establishment of group lending rate operating rules and the results of an analysis by PwC Tax Japan, maintain a stable funding and financing structure, reduce the administrative burden associated with contract renewals, and limit losses in the event of a subsidiary's default.