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Nagaoka International (6239) · InitiativeFirst stated

Long-term loan for the development of a factory at a Vietnamese subsidiary

First written in FY2021. . Latest entry: FY2021.

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Long-term loan for developing an overseas subsidiary's plantA theme 1 companies write about · 0 as a headwind · 1 as a tailwind

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  1. FY2021First statedAnnual report

    「In developing the factory of NAGAOKA VIETNAM CO., LTD. (a wholly owned subsidiary established in March 2020), we raised funds through long-term borrowings from a financial institution and provided a loan from our company to the subsidiary.」

    A financing structure was specified for the first time under which funds required to develop the Vietnamese subsidiary's factory were raised through long-term borrowings from a financial institution and lent by our company to the subsidiary. Long-term loans receivable on the consolidated balance sheet amounted to ¥200 million.
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Long-term loan for the development of a factory at a Vietnamese subsidiary | NAGAOKA INTERNATIONAL CORPORATION (6239) | Komori