Stabilizing the Financial Base Through Syndicated Loans
First written in FY2023-Q3. 5 of 10 entries say "Advanced", first in FY2024-Q2. Latest entry: FY2026.
The whole theme swung hardest in 2018: 1 of 7 companies on the "Worse" side.
1 other company's latest entry also says "Reframed".
- FY2026ReframedAnnual report
「Based on a resolution of the Board of Directors held on 19 December 2025, we entered into a syndicated commitment line agreement dated 22 December 2025, arranged by MUFG Bank, Ltd.」
The financing method was restructured from funding centered on the previous syndicated loans, committed term loan, and bridge loan to a syndicated commitment line totaling ¥6 billion with a 3-year term. - FY2025ReframedAnnual report
「On 31 March 2025, we raised a substantial amount of financing from MUFG Bank, Ltd. in the form of a bridge loan.」
The focus shifted from explanations of financial base stabilization centered on the previous syndicated loans and commitment line to financing through a bridge loan from MUFG Bank, Ltd. - FY2025-H1AdvancedAnnual report
「The balance of borrowings under the term loan agreement pursuant to the syndicated loan is as follows.」
The balance of borrowings under the syndicated loan declined from ¥4,363 million at the end of March 2024 to ¥3,738 million at the end of September 2024, indicating progress in managing borrowings to stabilize the financial base. - FY2024AdvancedAnnual report
「With respect to the syndicated loan agreements dated 23 December 2022 and 27 September 2023, we entered into amendment agreements relating to the financial covenants with the respective financial institutions on 29 March 2024. We also entered into a new commitment line agreement with Sumitomo Mitsui Banking Corporation dated 29 December 2023.」
Amendment agreements to the financial covenants were executed for the 2 existing syndicated loans, and the committed term loan, which matured, was switched to a ¥750 million commitment line. - FY2024-Q3ReframedAnnual report
「The committed term loan agreement under the syndicated loan entered into on 23 December 2022 terminated upon expiry on 29 December 2023, and on the same date we entered into a new commitment line agreement with Sumitomo Mitsui Banking Corporation. Facility amount: ¥750 million.」
The previous committed term loan agreement terminated upon maturity, and the financing method was changed on 29 December 2023 to a commitment line agreement with a facility amount of ¥750 million. - FY2024-Q2AdvancedAnnual report
「On 27 September 2023, we entered into a syndicated loan agreement arranged by Sumitomo Mitsui Banking Corporation. Facility amount: ¥1,500 million. Drawdown date: 29 September 2023.」
In addition to amending the existing agreement, the company entered into a new syndicated loan agreement on 27 September 2023 and drew down ¥1,500 million on 29 September. - FY2023AchievedAnnual report
「On 23 December 2022, we entered into a syndicated loan agreement arranged by Sumitomo Mitsui Banking Corporation.」
The company entered into and executed an agreement providing for a ¥4,050 million term loan and a ¥1,500 million committed term loan facility. - FY2023-Q3First statedAnnual report
「The purpose of this agreement is to secure a flexible and stable means of financing for working capital as on-hand liquidity and to improve financial stability. (1) Facility amount ¥4,050 million (1) Commitment amount ¥1,500 million」
On 23 December 2022, the company entered into a syndicated loan agreement and secured a ¥4,050 million term loan and a ¥1,500 million committed term loan facility. The term loan drawdown date was 27 December 2022, and the maturity dates were 30 December 2025 and 30 December 2026.