Decision and Details
Board of Directors of Iwamoto-gumi Co., Ltd.Execution of an overdraft agreement by a consolidated subsidiary
To strengthen flexible funding capabilities in order to support the advancement of future development projects and business expansion. This is part of efforts to establish a structure that enables prompt and flexible funding arrangements for the ongoing acquisition and advancement of projects.
The impact on consolidated results for the fiscal year ending March 2027 is minor.
| Item | Details |
|---|---|
| Matter Covered | Execution of an overdraft agreement by a consolidated subsidiary |
| Decision-Making Body | Board of Directors of Iwamoto-gumi Co., Ltd. |
| Decision Date | 14 May 2026 |
| Implementation Date | Agreement execution date: 29 May 2026 (scheduled) |
| Period Covered | 29 May 2026 to 30 June 2027 |
| Amount | Borrowing limit: ¥340 million; interest rate: short-term prime rate plus spread |
| Quantity / scale | 1 overdraft agreement |
| Impact on Business Performance | The impact on consolidated results for the fiscal year ending March 2027 is minor. |
| Reason | To strengthen flexible funding capabilities in order to support the advancement of future development projects and business expansion. This is part of efforts to establish a structure that enables prompt and flexible funding arrangements for the ongoing acquisition and advancement of projects. |
| Future plans | The agreement is scheduled to be executed on 29 May 2026 and maintained through 30 June 2027. |
| Collateral | No |
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 strengthen flexible funding capabilities in order to support the advancement of future development projects and business expansion. This is part of efforts to establish a structure that enables prompt and flexible funding arrangements for the ongoing acquisition and advancement of projects.