Amendment Increasing the Amounts Under Loan Agreements with Financial Covenants
KI-STAR REAL ESTATE CO.,LTD
Funds for land acquisition in the subdivision housing business. The agreements concerned are loan agreements with Mizuho Bank, Ltd. and MUFG Bank, Ltd.
To ensure stable access to funds for land acquisition and other purposes in the subdivision housing business and to strengthen the financial base.
Fiscal year ending March 2027
The impact on results for the fiscal year ending March 2027 is expected to be immaterial. If a material impact becomes apparent, the Company will promptly disclose it.
The agreements are scheduled to be executed on 30 September 2026. If it becomes apparent that they will have a material impact on consolidated results, the Company will promptly disclose it.
If it becomes apparent that the matter will have a material impact on consolidated results, the Company will promptly disclose it.
| Item | Details |
|---|---|
| Event name | Amendment Increasing the Amounts Under Loan Agreements with Financial Covenants |
| Date of occurrence | 25 September 2026 (the date on which the Company decided to borrow) |
| Subject Entity | KI-STAR REAL ESTATE CO.,LTD |
| Target Locations / Products | Funds for land acquisition in the subdivision housing business. The agreements concerned are loan agreements with Mizuho Bank, Ltd. and MUFG Bank, Ltd. |
| Cause | To ensure stable access to funds for land acquisition and other purposes in the subdivision housing business and to strengthen the financial base. |
| Accounting period in which recognized | Fiscal year ending March 2027 |
| Impact on Earnings Forecast | The impact on results for the fiscal year ending March 2027 is expected to be immaterial. If a material impact becomes apparent, the Company will promptly disclose it. |
| Outlook | The agreements are scheduled to be executed on 30 September 2026. If it becomes apparent that they will have a material impact on consolidated results, the Company will promptly disclose it. |
| Planned follow-up disclosure | If it becomes apparent that the matter will have a material impact on consolidated results, the Company will promptly disclose it. |
Items this document does not state (16)
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 stable access to funds for land acquisition and other purposes in the subdivision housing business, and to strengthen the financial base.