Resolved to execute a commitment line agreement dated 31 August 2026
NAKAYAMA STEEL WORKS,LTD. (the filing company)
New electric furnace facilities, a new building, including the land leasehold, and ＮＮ製鋼合同会社
To secure funds for loans to ＮＮ製鋼合同会社, a joint venture investing in a new electric furnace
Fiscal year ending March 2027 (the impact of this agreement has already been reflected in the Company's results)
The impact of this agreement has been reflected in the Company's results for the fiscal year ending March 2027, and its impact on the outlook is expected to be immaterial
The agreement is expected to be executed on 31 August 2026. Repayment of liabilities related to the new electric furnace investment is expected to begin from fiscal year 2031 onward, and the details, including the repayment amounts, will be considered going forward. If any matter requiring disclosure arises, it will be disclosed promptly.
| Item | Details |
|---|---|
| Event name | Resolved to execute a commitment line agreement dated 31 August 2026 |
| Date of occurrence | 7 August 2026 (the date the Board of Directors resolved to execute the agreement) |
| Subject Entity | NAKAYAMA STEEL WORKS,LTD. (the filing company) |
| Target Locations / Products | New electric furnace facilities, a new building, including the land leasehold, and ＮＮ製鋼合同会社 |
| Cause | To secure funds for loans to ＮＮ製鋼合同会社, a joint venture investing in a new electric furnace |
| Accounting period in which recognized | Fiscal year ending March 2027 (the impact of this agreement has already been reflected in the Company's results) |
| Impact on Earnings Forecast | The impact of this agreement has been reflected in the Company's results for the fiscal year ending March 2027, and its impact on the outlook is expected to be immaterial |
| Outlook | The agreement is expected to be executed on 31 August 2026. Repayment of liabilities related to the new electric furnace investment is expected to begin from fiscal year 2031 onward, and the details, including the repayment amounts, will be considered going forward. If any matter requiring disclosure arises, it will be disclosed promptly. |
| Planned follow-up disclosure | If any matter requiring disclosure arises, it will be disclosed promptly. |
Items this document does not state (16)
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 secure funds for loans to ＮＮ製鋼合同会社, a joint venture investing in a new electric furnace.