Decision and Details
Board of DirectorsEntering into a commitment line agreement with financial covenants
To secure flexible and stable financing in preparation for unforeseen events, including geopolitical risks and changes in the global financial and economic environment, and to further strengthen the soundness of the Company's financial base and the stability of its management.
The impact on the Company's results for the fiscal year ending March 2027 is expected to be immaterial.
| Item | Details |
|---|---|
| Matter Covered | Entering into a commitment line agreement with financial covenants |
| Decision-Making Body | Board of Directors |
| Decision Date | 17 July 2026 |
| Implementation Date | Scheduled to take effect from 3 August 2026 |
| Period Covered | 3 August 2026–2 August 2028 |
| Amount | Borrowing limit of ¥5.0 billion |
| Quantity / scale | 4 contracting banks (The Hiroshima Bank, Ltd., Mizuho Bank, Ltd., Sumitomo Mitsui Banking Corporation, and MUFG Bank, Ltd.) |
| Impact on Business Performance | The impact on the Company's results for the fiscal year ending March 2027 is expected to be immaterial. |
| Reason | To secure flexible and stable financing in preparation for unforeseen events, including geopolitical risks and changes in the global financial and economic environment, and to further strengthen the soundness of the Company's financial base and the stability of its management. |
| Future plans | The facility is scheduled to be available from 3 August 2026 through 2 August 2028. The Company will promptly disclose any matters requiring disclosure. |
| Collateral | Unsecured |
| Contract structure | Bilateral arrangement |
| Financial covenants | Net worth maintenance covenant; profit maintenance covenant |
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 secure flexible and stable financing in preparation for unforeseen events, including geopolitical risks and changes in the global financial and economic environment, and to further strengthen the soundness of the Company's financial base and the stability of its management.