Decision and Details
Board of DirectorsIncrease in the facility limit under the overdraft agreement
To secure further stable working capital and support the company’s medium- to long-term strategy, and as a funding method while the business continues to expand, the company determined that doubling the facility limit and reviewing the interest rate level were appropriate. The company also plans to receive proposals and advice on its foreign exchange strategy from the bank.
The impact on results for the fiscal year ending March 2027 is minor.
| Item | Details |
|---|---|
| Matter Covered | Increase in the facility limit under the overdraft agreement |
| Decision-Making Body | Board of Directors |
| Decision Date | 28 October 2026 |
| Implementation Date | 2 November 2026 (scheduled borrowing execution date and agreement commencement date) |
| Period Covered | 2 November 2026 to 1 November 2027 |
| Amount | Facility limit: ¥1 billion |
| Quantity / scale | Facility limit increased to twice the previous level |
| Impact on Business Performance | The impact on results for the fiscal year ending March 2027 is minor. |
| Reason | To secure further stable working capital and support the company’s medium- to long-term strategy, and as a funding method while the business continues to expand, the company determined that doubling the facility limit and reviewing the interest rate level were appropriate. The company also plans to receive proposals and advice on its foreign exchange strategy from the bank. |
| Future plans | The borrowing will be executed on 2 November 2026, and the agreement will remain in effect through 1 November 2027. The company will promptly announce any matters that should be disclosed in the future. |
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.As the business continues to expand, the company determined that increasing the facility limit and reviewing the interest rate level were appropriate to secure further stable working capital and support its medium- to long-term strategy. The company also plans to receive support in the form of proposals and advice on its foreign exchange strategy from the bank.