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Disclosure3628DATA HORIZON CO.,LTD.Information and Communications, Services and Others

Notice Regarding Extension of Repayment Term for Borrowings from the Parent Company

The repayment deadline for funds borrowed by consolidated subsidiary DeSC Healthcare from its parent company, DeNA, has been extended by 1 year to 31 March 2028. The borrowing limit is ¥2.8 billion.

Worth reading
71In focus
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Direction
Neutral
Direction inferred from the company’s description.
Scale
2800
¥ million
Wording
Conditional
How definitive the wording is.

Decision and Details

The Company's Board of Directors

Extension of the term of existing borrowings (borrowings from the parent company)

Decision25 March 2026
Period CoveredFrom 31 March 2025 to 31 March 2028
ImplementationExtension of the repayment deadline to 31 March 2028 (decided; scheduled for implementation)
Going forwardThe existing repayment deadline will be extended by 1 year to 31 March 2028.
AmountBorrowing amount: ¥2,800 million (a credit facility agreement with a maximum facility amount of ¥2,800 million)
Reason

DeSC is in an investment phase and has accumulated losses from prior periods; accounts receivable collections are concentrated from April onward due to seasonal factors; the working capital required during the fiscal year has increased as sales expand; and its funding plan for the next fiscal year and beyond has been reviewed.

Impact on Business Performance

The impact on results for the current fiscal year ending March 2026 is minor. The impact on results for the fiscal year ending March 2027 and thereafter is also expected to be minor.

Decision and Details
ItemDetails
Matter CoveredExtension of the term of existing borrowings (borrowings from the parent company)
Decision-Making BodyThe Company's Board of Directors
Decision Date25 March 2026
Implementation DateExtension of the repayment deadline to 31 March 2028 (decided; scheduled for implementation)
Period CoveredFrom 31 March 2025 to 31 March 2028
AmountBorrowing amount: ¥2,800 million (a credit facility agreement with a maximum facility amount of ¥2,800 million)
Impact on Business PerformanceThe impact on results for the current fiscal year ending March 2026 is minor. The impact on results for the fiscal year ending March 2027 and thereafter is also expected to be minor.
ReasonDeSC is in an investment phase and has accumulated losses from prior periods; accounts receivable collections are concentrated from April onward due to seasonal factors; the working capital required during the fiscal year has increased as sales expand; and its funding plan for the next fiscal year and beyond has been reviewed.
Related previous disclosuresCorporate Governance Report disclosed on 30 June 2025
Future plansThe existing repayment deadline will be extended by 1 year to 31 March 2028.
Items this document does not state (2)
Quantity / scaleGoverning Rule

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.

DeSC is in an investment phase and has accumulated losses from prior periods. In addition, it requires working capital during the fiscal year because accounts receivable collections are concentrated from April onward due to seasonal factors. The extension was also made in light of the increase in working capital required as sales expand and the review of its funding plan for the next fiscal year and beyond.

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Notice Regarding Extension of Repayment Term for Borrowings from the Parent Company | DATA HORIZON CO.,LTD. (3628) timely disclosure | Komori