Decision and Details
The Company's Board of DirectorsExtension of the term of existing borrowings (borrowings from the parent company)
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.
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.
| Item | Details |
|---|---|
| Matter Covered | Extension of the term of existing borrowings (borrowings from the parent company) |
| Decision-Making Body | The Company's Board of Directors |
| Decision Date | 25 March 2026 |
| Implementation Date | Extension of the repayment deadline to 31 March 2028 (decided; scheduled for implementation) |
| Period Covered | From 31 March 2025 to 31 March 2028 |
| Amount | Borrowing amount: ¥2,800 million (a credit facility agreement with a maximum facility amount of ¥2,800 million) |
| 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. |
| 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. |
| Related previous disclosures | Corporate Governance Report disclosed on 30 June 2025 |
| Future plans | The existing repayment deadline will be extended by 1 year to 31 March 2028. |
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.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.