Decision and Details
Board of DirectorsBorrowing of funds by a consolidated subsidiary of the Company
To secure working capital associated with the collection of waste plastics used as feedstock for oil-based chemical recycling and the increase in the number of existing industrial-waste collection and transportation operations
The impact of this borrowing on the Company's consolidated results is expected to be immaterial.
| Item | Details |
|---|---|
| Matter Covered | Borrowing of funds by a consolidated subsidiary of the Company |
| Decision-Making Body | Board of Directors |
| Decision Date | 28 August 2026 |
| Implementation Date | 4 September 2026 (scheduled borrowing execution date) |
| Period Covered | Borrowing period: 3 years and 4 months |
| Amount | Borrowing amount: ¥200 million; interest rate: 2.175% per annum (floating) |
| Impact on Business Performance | The impact of this borrowing on the Company's consolidated results is expected to be immaterial. |
| Reason | To secure working capital associated with the collection of waste plastics used as feedstock for oil-based chemical recycling and the increase in the number of existing industrial-waste collection and transportation operations |
| Future plans | The borrowing is scheduled to be executed on 4 September 2026. |
Items this document does not state (3)
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 working capital associated with the collection of waste plastics used as feedstock for oil-based chemical recycling and the increase in the number of existing industrial-waste collection and transportation operations.