Decision and Details
Board of DirectorsRenewal of a syndicated commitment line facility agreement
To secure stable and flexible funding for power procurement in the electricity retail business. Renewal following the expiration of the agreement entered into in September 2023.
The impact on the Company's results for the fiscal year ending March 2027 is expected to be immaterial. The Company will promptly disclose any material impact if one becomes clear.
| Item | Details |
|---|---|
| Matter Covered | Renewal of a syndicated commitment line facility agreement |
| Decision-Making Body | Board of Directors |
| Decision Date | 25 September 2026 |
| Implementation Date | The agreement is scheduled to be entered into on 28 September 2026, and the commitment period is scheduled to begin on 1 October 2026. |
| Period Covered | 1 October 2026 to 30 September 2027 |
| Amount | Borrowing limit: ¥4 billion |
| Impact on Business Performance | The impact on the Company's results for the fiscal year ending March 2027 is expected to be immaterial. The Company will promptly disclose any material impact if one becomes clear. |
| Reason | To secure stable and flexible funding for power procurement in the electricity retail business. Renewal following the expiration of the agreement entered into in September 2023. |
| Related previous disclosures | Commitment line facility agreement entered into in September 2023 |
| Future plans | The Company will enter into the agreement on 28 September 2026 and use the commitment line facility from 1 October 2026 to 30 September 2027. The Company will promptly disclose any material impact if one becomes clear. |
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 stable and flexible funding for power procurement in the electricity retail business. The agreement is being renewed following the expiration of the agreement entered into in September 2023.