Decision and Details
Board of DirectorsNew borrowings and early repayment of existing borrowings
To fund the early repayment of ¥6,300 million in existing borrowings. The purpose is to stabilize medium- to long-term funding, improve the terms of the agreements, including eliminating the financial covenants attached to the existing borrowings, and maintain and strengthen the financial base.
The impact of this transaction on results for the fiscal year ending August 2026 is immaterial.
| Item | Details |
|---|---|
| Matter Covered | New borrowings and early repayment of existing borrowings |
| Decision-Making Body | Board of Directors |
| Decision Date | 23 March 2026 |
| Implementation Date | 31 March 2026 (scheduled date for both the drawdown of the new borrowings and the early repayment of the existing borrowings) |
| Period Covered | Until the repayment dates of the new borrowings (from 30 March 2029 to 31 March 2031, varying by borrowing) |
| Amount | New borrowings: ¥6,300 million in total (MUFG Bank, Ltd.: ¥3,000 million and ¥800 million; The Bank of Yokohama, Ltd.: ¥700 million and ¥300 million; The Hokuriku Bank, Ltd.: ¥1,000 million; The Bank of Nagoya, Ltd.: ¥242 million and ¥158 million; The Nanto Bank, Ltd.: ¥100 million). Early repayment of existing borrowings: Term Loan A, ¥1,700 million; Term Loan B, ¥4,600 million; total, ¥6,300 million. |
| Quantity / scale | 8 new borrowings and 2 existing borrowings (Term Loan A and Term Loan B) |
| Impact on Business Performance | The impact of this transaction on results for the fiscal year ending August 2026 is immaterial. |
| Reason | To fund the early repayment of ¥6,300 million in existing borrowings. The purpose is to stabilize medium- to long-term funding, improve the terms of the agreements, including eliminating the financial covenants attached to the existing borrowings, and maintain and strengthen the financial base. |
| Future plans | The new borrowings will be drawn down and the existing borrowings will be repaid early on 31 March 2026. If any matters requiring disclosure arise, they will be disclosed promptly. |
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 fund the early repayment of ¥6,300 million in existing borrowings. The Company aims to maintain and strengthen its financial base by stabilizing medium- to long-term funding and improving the terms of the agreements, including eliminating the financial covenants attached to the existing borrowings.