Komori
Disclosure3697SHIFT Inc.Information and Communications, Services and Others

Notice Concerning Borrowing of Funds

The Company decided to borrow ¥17.7 billion from Mizuho Bank to fund the acquisition of 株式会社ニッセイコム. The borrowing is scheduled to be drawn down on 31 March 2026 and repaid in a lump sum on 31 March 2027.

Worth reading
61In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Neutral
Direction inferred from the company’s description.
Scale
17700
¥ million
Wording
Conditional
How definitive the wording is.

Decision and Details

Borrowing of funds

Decision27 March 2026
Period CoveredBorrowing period: 31 March 2026 to 31 March 2027
Implementation31 March 2026 (scheduled drawdown date)
Going forwardThe borrowing will be drawn down on 31 March 2026 and repaid in a lump sum at maturity on 31 March 2027. If a significant change in circumstances results in an impact, the Company will disclose it promptly once the impact becomes clear.
AmountBorrowing amount: ¥17,700 million
Reason

To fund the acquisition of 株式会社ニッセイコム.

Impact on Business Performance

The impact on business performance and financial condition is expected to be immaterial. If a significant change in circumstances results in an impact, the Company will disclose it promptly.

Decision and Details
ItemDetails
Matter CoveredBorrowing of funds
Decision Date27 March 2026
Implementation Date31 March 2026 (scheduled drawdown date)
Period CoveredBorrowing period: 31 March 2026 to 31 March 2027
AmountBorrowing amount: ¥17,700 million
Impact on Business PerformanceThe impact on business performance and financial condition is expected to be immaterial. If a significant change in circumstances results in an impact, the Company will disclose it promptly.
ReasonTo fund the acquisition of 株式会社ニッセイコム.
Related previous disclosures“Notice Regarding the Acquisition of Shares in 株式会社ニッセイコム (Conversion into a Consolidated Subsidiary) through the Subsidiary 株式会社SHIFTグロース・キャピタル,” dated 14 January 2026
Future plansThe borrowing will be drawn down on 31 March 2026 and repaid in a lump sum at maturity on 31 March 2027. If a significant change in circumstances results in an impact, the Company will disclose it promptly once the impact becomes clear.
Items this document does not state (3)
Decision-Making BodyQuantity / 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.

To fund the acquisition of 株式会社ニッセイコム.

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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice Concerning Borrowing of Funds | SHIFT Inc. (3697) timely disclosure | Komori