Refinancing of short-term borrowings with long-term borrowings
First written in FY2023-Q3. 6 of 10 entries say "Advanced", first in FY2024-Q1. Latest entry: FY2027-H1.
18 other companies' latest entry also says "Advanced".
- FY2027-H1AdvancedAnnual report
「Borrowing A (1) Total borrowings: ¥5.5 billion (3) Drawdown date: 31 July 2026 (4) Repayment date: 31 July 2028 (5) Repayment method: Repayment in 2 instalments Borrowing B (1) Total borrowings: ¥20 billion (3) Drawdown date: 31 July 2026 (4) Repayment date: 30 July 2027 (5) Repayment method: Bullet repayment at maturity」
The syndicated loan refinancing established new repayment terms, with ¥5.5 billion repayable by 2028 and ¥20 billion by 2027. - 2026-08-07AdvancedResults
「借入金Ａ (1）借入金総額 5,500百万円 (3）借入実行日 2026年７月31日 (4）返済期限 2028年７月31日 (5) 返済方法 ２年分割返済 借入金Ｂ (1）借入金総額 20,000百万円 (3）借入実行日 2026年７月31日 (4）返済期限 2027年７月30日 (5) 返済方法 期限一括返済」
既存の短期借入金等について、5,500百万円と20,000百万円の借換条件および新たな返済期限が具体化した。 - FY2026AdvancedAnnual report
「In July 2025, ¥20 billion of the borrowings was refinanced with a 1-year term, and ¥1.75 billion was repaid.」
In addition to refinancing ¥20 billion, ¥1.75 billion was repaid, advancing the extension of the borrowing term and reduction of liabilities. - FY2026-H1AdvancedAnnual report
「(1) Total borrowings: ¥20 billion (2) Borrowing rate: Base rate plus spread (3) Drawdown date: 31 July 2025 (4) Repayment date: 31 July 2026 (5) Repayment method: Bullet repayment at maturity」
The refinancing of the existing borrowing was executed on 31 July 2025, with specific terms setting ¥20 billion for bullet repayment at maturity on 31 July 2026. - FY2025-H1AdvancedAnnual report
「(1) Total borrowings: ¥20 billion (2) Borrowing rate: Base rate plus spread (3) Drawdown date: 31 July 2024 (4) Repayment date: 31 July 2025 (5) Repayment method: Bullet repayment at maturity」
A new syndicated loan refinancing was executed for ¥20 billion, with specific borrowing terms setting 31 July 2025 as the repayment date. - FY2024RestatedAnnual report
「Of the ¥30 billion, ¥10 billion was refinanced with a 3-year borrowing term and ¥20 billion with a 1-year borrowing term.」
The refinancing of the short-term borrowings was reconfirmed as comprising a portion with a borrowing term extending to 2026 and the remainder with a 1-year term. - FY2024-Q2RestatedAnnual report
「On 27 July 2023, we entered into a borrowing and refinancing agreement for a syndicated loan arranged by Mizuho Bank, Ltd., Sumitomo Mitsui Banking Corporation, Resona Bank, Ltd. and Development Bank of Japan Inc., and drew down the loan on 31 July of the same year.」
The syndicated loan refinancing agreement disclosed in the previous quarter and its execution have been reiterated as material agreements. Borrowing A is ¥10 billion, repayable on 31 July 2026, while Borrowing B is ¥20 billion, repayable on 31 July 2024. - FY2024-Q1AdvancedAnnual report
「Borrowing A (1) Total borrowings: ¥10 billion (3) Drawdown date: 31 July 2023 (4) Repayment date: 31 July 2026 (5) Repayment method: ¥4.5 billion: repayment in 3 instalments; ¥5.5 billion: bullet repayment at maturity」
The refinancing agreement for the short-term borrowings was executed, setting a repayment date in 2026 for ¥10 billion and specifying the terms for repayment in instalments and bullet repayment at maturity. The remaining ¥20 billion is repayable on 31 July 2024. - FY2023From a long-term refinancing policy to an extension of the borrowing termAnnual report
「As the existing syndicated loan agreement was due to expire on 29 July 2022, we entered into an amendment agreement on 27 July 2022 to extend the borrowing term by 1 year in preparation for a further spread of COVID-19. The expiry date under the amended agreement is 31 July 2023.」
In contrast to the policy stated in the previous filing of refinancing short-term borrowings as long-term borrowings, the annual report states that the ¥30 billion syndicated loan was extended by 1 year through 31 July 2023. - FY2023-Q3First statedAnnual report
「With regard to short-term borrowings, our policy is to refinance them as long-term borrowings from the next fiscal year onward in light of the recent recovery in performance, and we continue to maintain good relationships with financial institutions.」
The company has indicated a policy of refinancing short-term borrowings as long-term borrowings from the next fiscal year onward and maintaining relationships with financial institutions.