Decision and Details
Board of DirectorsRefinancing of the existing borrowings
In light of external conditions and other factors, the refinancing will be carried out ahead of the repayment date for the existing borrowings, 28 March 2027. The proceeds will be used to repay the existing borrowings and to further stabilize the financial base, including by reducing interest expense.
This has already been reflected in the earnings forecast for the fiscal year ending December 2026, and there is no change to the earnings forecast. The company has determined that, as a result of entering into this refinancing agreement, no material uncertainty related to the going concern assumption exists.
| Item | Details |
|---|---|
| Matter Covered | Refinancing of the existing borrowings |
| Decision-Making Body | Board of Directors |
| Decision Date | 16 March 2026 |
| Implementation Date | 31 March 2026 (scheduled drawdown date) |
| Period Covered | 7.5 years |
| Amount | Borrowing amount: ¥16.44 billion |
| Impact on Business Performance | This has already been reflected in the earnings forecast for the fiscal year ending December 2026, and there is no change to the earnings forecast. The company has determined that, as a result of entering into this refinancing agreement, no material uncertainty related to the going concern assumption exists. |
| Reason | In light of external conditions and other factors, the refinancing will be carried out ahead of the repayment date for the existing borrowings, 28 March 2027. The proceeds will be used to repay the existing borrowings and to further stabilize the financial base, including by reducing interest expense. |
| Related previous disclosures | “Notice Regarding Borrowing of Funds” dated 22 March 2022; “Notice Regarding Borrowing of Funds” dated 9 November 2023; earnings forecast for the fiscal year ending December 2026 announced on 16 February 2026; financial results summary for the fiscal year ended December 2025 |
| Future plans | The borrowing will be executed on 31 March 2026. If any change arises in the earnings forecast, the company will disclose it 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 repay the borrowings ahead of their repayment date of 28 March 2027. In addition, in light of external conditions and other factors, to further stabilize the financial base, including by reducing interest expense.