Board resolution to enter into a syndicated loan agreement
MINATO HOLDINGS INC. (the filing company). The guarantors are サンマックス・テクノロジーズ株式会社, ミナト・アドバンスト・テクノロジーズ株式会社 and 株式会社プリンストン.
Memory products in the Digital Devices segment and large-scale projects in the ICT Products segment
The need for funds, primarily working capital, has increased as a result of business expansion and other factors. In the Digital Devices segment, funding needs are expected to increase due to rising market prices for memory products and expanding demand, while in the ICT Products segment, funding needs are expected in connection with responding to large-scale projects and other factors.
There is no change to the full-year earnings forecast for the fiscal year ending March 2027, as announced on 10 August 2026.
The agreement is scheduled to be executed on 15 September 2026. The Company will address funding needs arising from business expansion and capture growth opportunities, while improving funding efficiency and reducing financial expenses across the Group through, among other measures, the refinancing of a portion of the Group companies' existing borrowings.
If any matter requiring disclosure arises, it will be disclosed promptly.
| Item | Details |
|---|---|
| Event name | Board resolution to enter into a syndicated loan agreement |
| Date of occurrence | Board resolution date: 28 August 2026 (scheduled agreement execution date: 15 September 2026) |
| Subject Entity | MINATO HOLDINGS INC. (the filing company). The guarantors are サンマックス・テクノロジーズ株式会社, ミナト・アドバンスト・テクノロジーズ株式会社 and 株式会社プリンストン. |
| Target Locations / Products | Memory products in the Digital Devices segment and large-scale projects in the ICT Products segment |
| Cause | The need for funds, primarily working capital, has increased as a result of business expansion and other factors. In the Digital Devices segment, funding needs are expected to increase due to rising market prices for memory products and expanding demand, while in the ICT Products segment, funding needs are expected in connection with responding to large-scale projects and other factors. |
| Impact on Earnings Forecast | There is no change to the full-year earnings forecast for the fiscal year ending March 2027, as announced on 10 August 2026. |
| Outlook | The agreement is scheduled to be executed on 15 September 2026. The Company will address funding needs arising from business expansion and capture growth opportunities, while improving funding efficiency and reducing financial expenses across the Group through, among other measures, the refinancing of a portion of the Group companies' existing borrowings. |
| Planned follow-up disclosure | If any matter requiring disclosure arises, it will be disclosed promptly. |
Items this document does not state (17)
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 need for funds, primarily working capital, has increased as a result of business expansion and other factors. In the Digital Devices segment, demand for funds is expected to increase due to rising market prices for memory products and expanding demand, while in the ICT Products segment, funding needs are expected in connection with responding to large-scale projects. The agreement is intended to secure a stable funding base, improve funding efficiency and reduce financial expenses through the refinancing of existing borrowings.