Worth reading
62In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Neutral
Direction inferred from the company’s description.Scale
2700
¥ million (total borrowings)Wording
Conditional
How definitive the wording is.Decision and Details
Board of DirectorsBorrowing of funds to finance the acquisition of shares in ミカタ少額短期保険株式会社
Decision15 April 2026
Period CoveredThe borrowing period is 10 years with MUFG Bank, Ltd. and 5 years each with Sumitomo Mitsui Banking Corporation and Bank of Yokohama, Ltd.
Implementation24 April 2026 (scheduled borrowing execution date)
Going forwardThe borrowing is scheduled to be executed on 24 April 2026. If the borrowing subsequently affects the Company's financial position, operating results or other matters, the Company will disclose the information promptly.
AmountBorrowing amount: ¥1,500 million from MUFG Bank, Ltd., ¥700 million from Sumitomo Mitsui Banking Corporation and ¥500 million from Bank of Yokohama, Ltd.
Reason
The funds will be borrowed to finance the acquisition of shares in ミカタ少額短期保険株式会社.
Impact on Business Performance
The impact on consolidated results for the fiscal year ended March 2026 is immaterial.
| Item | Details |
|---|---|
| Matter Covered | Borrowing of funds to finance the acquisition of shares in ミカタ少額短期保険株式会社 |
| Decision-Making Body | Board of Directors |
| Decision Date | 15 April 2026 |
| Implementation Date | 24 April 2026 (scheduled borrowing execution date) |
| Period Covered | The borrowing period is 10 years with MUFG Bank, Ltd. and 5 years each with Sumitomo Mitsui Banking Corporation and Bank of Yokohama, Ltd. |
| Amount | Borrowing amount: ¥1,500 million from MUFG Bank, Ltd., ¥700 million from Sumitomo Mitsui Banking Corporation and ¥500 million from Bank of Yokohama, Ltd. |
| Impact on Business Performance | The impact on consolidated results for the fiscal year ended March 2026 is immaterial. |
| Reason | The funds will be borrowed to finance the acquisition of shares in ミカタ少額短期保険株式会社. |
| Related previous disclosures | “Notice Regarding the Acquisition of Shares in ミカタ少額短期保険株式会社,” dated 12 February 2026 |
| Future plans | The borrowing is scheduled to be executed on 24 April 2026. If the borrowing subsequently affects the Company's financial position, operating results or other matters, the Company will disclose the information promptly. |
Items this document does not state (2)
Quantity / scaleGoverning Rule
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.The funds will be borrowed to finance the acquisition of shares in ミカタ少額短期保険株式会社, based on the details announced on 12 February 2026.
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