Decision and Details
Borrowing of funds
To fund the construction of Building 4 at the SEED Kounosu Research Institute and certain equipment. Against a backdrop of growing demand for contact lenses, the Company will update its facilities and add new production lines to ensure a stable supply of products and achieve its future growth strategy, thereby strengthening its financial base and securing opportunities for business expansion and other initiatives.
These borrowings are in line with the original plan, and no impact on results for the current fiscal year is expected. If an impact on results becomes apparent, the Company will disclose it promptly.
| Item | Details |
|---|---|
| Matter Covered | Borrowing of funds |
| Decision Date | 25 May 2026 |
| Implementation Date | 28 and 29 May 2026 (scheduled loan drawdown dates) |
| Period Covered | 10-year loan term (for Shoko Chukin Bank, a 10-year repayment term based on refinancing after 5 years) |
| Amount | Total borrowings of ¥8,400 million (breakdown: Sumitomo Mitsui Banking Corporation, ¥1,100 million; Mizuho Bank, ¥1,100 million; MUFG Bank, ¥800 million; Development Bank of Japan, ¥900 million; Resona Bank, ¥800 million; Sumitomo Mitsui Trust Bank, ¥800 million; Higo Bank, ¥500 million; Kiraboshi Bank, ¥300 million; Hokuriku Bank, ¥300 million; Shikoku Bank, ¥300 million; Joyo Bank, ¥300 million; Musashino Bank, ¥300 million; Aozora Bank, ¥300 million; Tokyo Star Bank, ¥300 million; and Shoko Chukin Bank, ¥300 million) |
| Impact on Business Performance | These borrowings are in line with the original plan, and no impact on results for the current fiscal year is expected. If an impact on results becomes apparent, the Company will disclose it promptly. |
| Reason | To fund the construction of Building 4 at the SEED Kounosu Research Institute and certain equipment. Against a backdrop of growing demand for contact lenses, the Company will update its facilities and add new production lines to ensure a stable supply of products and achieve its future growth strategy, thereby strengthening its financial base and securing opportunities for business expansion and other initiatives. |
| Related previous disclosures | “Notice Regarding the Acquisition of Fixed Assets (Construction of Building 4 at the Kounosu Research Institute),” dated 7 February 2024, and “(Progress Regarding Disclosed Matter) Notice Regarding the Acquisition of Fixed Assets (Construction of Building 4 at the Kounosu Research Institute),” dated 11 November 2024 |
| Future plans | The loans are scheduled to be drawn down on 28 and 29 May 2026. If an impact on results becomes apparent, the Company will disclose it promptly. |
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 fund the construction of Building 4 at the SEED Kounosu Research Institute and certain equipment. Against a backdrop of growing demand for contact lenses, the Company will update its facilities and add new production lines to ensure a stable supply of products and achieve its growth strategy, thereby strengthening its financial base and securing opportunities for business expansion.