Decision and Details
Refinancing of existing borrowings through bridge loans
In connection with the issuance of new shares and the offering of the Company's shares, the Company will repay in full its existing borrowings guaranteed by SUMITOMO CHEMICAL COMPANY,LIMITED and refinance them through this bridge loan without a guarantee from SUMITOMO CHEMICAL COMPANY,LIMITED.
The impact on consolidated results for the fiscal year ending March 2027 will be minor.
| Item | Details |
|---|---|
| Matter Covered | Refinancing of existing borrowings through bridge loans |
| Decision Date | 8 April 2026 |
| Implementation Date | 24 April 2026 (scheduled; the start date of the borrowing period and commitment period) |
| Period Covered | 24 April 2026 to 23 April 2027 |
| Amount | This bridge loan: term loans totaling ¥20 billion and a commitment line totaling ¥130 billion. Outstanding principal balance of the existing syndicated loan to be repaid (as of 8 April 2026): term loans of ¥60 billion and a commitment line of ¥38.1 billion |
| Impact on Business Performance | The impact on consolidated results for the fiscal year ending March 2027 will be minor. |
| Reason | In connection with the issuance of new shares and the offering of the Company's shares, the Company will repay in full its existing borrowings guaranteed by SUMITOMO CHEMICAL COMPANY,LIMITED and refinance them through this bridge loan without a guarantee from SUMITOMO CHEMICAL COMPANY,LIMITED. |
| Related previous disclosures | “Notice Regarding Refinancing of Existing Borrowings Through a Syndicated Loan” dated 26 March 2025, and “Notice Regarding the Issuance of New Shares and Offering of Shares” dated 8 April 2026 |
| Future plans | The borrowing period and commitment period for this bridge loan will begin on 24 April 2026, and the loan will be repaid in a lump sum at maturity on 23 April 2027. |
Items this document does not state (3)
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.In connection with the issuance of new shares and the offering of the Company's shares, the Company will repay in full its existing borrowings guaranteed by SUMITOMO CHEMICAL COMPANY,LIMITED and refinance them through bridge loans without guarantees from SUMITOMO CHEMICAL COMPANY,LIMITED.