Worth reading
36Immaterial
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
675
¥ million (loan principal)Wording
Conditional
How definitive the wording is.Execution of a Loan Agreement Containing Financial Covenants
Subject Entity
CORREC HOLDINGS Inc. (filing company)
Target Locations / Products
Battery storage equipment
Occurrence15 September 2026 (the date on which the Board of Directors resolved to enter into the agreement; the agreement is scheduled to be executed on 28 September 2026)
This disclosure09/15/2026
Cause
To finance the acquisition of battery storage facilities
Accounting period in which recognized
Fiscal year ending February 2027
Impact on Earnings Forecast
The impact of the agreement on consolidated results for the fiscal year ending February 2027 is immaterial.
Outlook
The agreement is scheduled to be executed on 28 September 2026. If any facts requiring disclosure arise, the company will promptly disclose them.
| Item | Details |
|---|---|
| Event name | Execution of a Loan Agreement Containing Financial Covenants |
| Date of occurrence | 15 September 2026 (the date on which the Board of Directors resolved to enter into the agreement; the agreement is scheduled to be executed on 28 September 2026) |
| Subject Entity | CORREC HOLDINGS Inc. (filing company) |
| Target Locations / Products | Battery storage equipment |
| Cause | To finance the acquisition of battery storage facilities |
| Accounting period in which recognized | Fiscal year ending February 2027 |
| Impact on Earnings Forecast | The impact of the agreement on consolidated results for the fiscal year ending February 2027 is immaterial. |
| Outlook | The agreement is scheduled to be executed on 28 September 2026. If any facts requiring disclosure arise, the company will promptly disclose them. |
| Planned follow-up disclosure | If any facts requiring disclosure arise, the company will promptly disclose them. |
Items this document does not state (16)
Date recognized / date notice receivedAmount of Impact on Business PerformanceType of litigation or proceedingCourt or authorityPlaintiffDefendantDate of filing / date of actionClaim amount / surcharge amountAmount of receivables at risk of non-collection or delayed collectionSuspended operationsScheduled resumption dateInvestigation structureMeasures to prevent recurrenceDirectors' and officers' liabilityVoting rights ownership percentage before the changeVoting rights ownership percentage after the change
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 finance the acquisition of battery storage facilities.
How to read this page
This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.