Decision and Details
Board of DirectorsExecution of an overdraft agreement
Working capital needs increased due to the production stoppage caused by a minor fire at the Company's Sakura Plant on 1 November 2025, pending the recovery of business performance. The purpose is to secure a flexible and stable financing facility and improve cash flow stability.
The impact on results for the fiscal year ending February 2027 is expected to be immaterial.
| Item | Details |
|---|---|
| Matter Covered | Execution of an overdraft agreement |
| Decision-Making Body | Board of Directors |
| Decision Date | 17 August 2026 |
| Implementation Date | 17 August 2026 (scheduled agreement execution) |
| Period Covered | From 17 August 2026 through 31 July 2027. Automatic one-year renewals thereafter. |
| Amount | Borrowing limit: ¥1,000,000,000. Borrowing interest rate: base rate plus spread |
| Impact on Business Performance | The impact on results for the fiscal year ending February 2027 is expected to be immaterial. |
| Reason | Working capital needs increased due to the production stoppage caused by a minor fire at the Company's Sakura Plant on 1 November 2025, pending the recovery of business performance. The purpose is to secure a flexible and stable financing facility and improve cash flow stability. |
| Future plans | The agreement is scheduled to be executed on 17 August 2026. It will automatically renew for one-year periods after the agreement term ends. |
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.Working capital needs increased due to the production stoppage caused by a minor fire at the Sakura Plant on 1 November 2025, pending the recovery of business performance. The purpose is to secure a flexible and stable financing facility and improve cash flow stability.