Long-term, stable, low-cost financing using real estate trusts
First written in FY2022. 2 of 4 entries say "Restated". Latest entry: FY2026.
1 other company's latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「MUFG Bank, Ltd. ¥10 billion (¥9.2 billion) Borrowing period: 7 years (extension option available) Sumitomo Mitsui Banking Corporation ¥2 billion (¥1.84 billion)」
While maintaining the 7-year borrowing terms with an extension option for borrowings using a real estate trust, the balance at the end of the fiscal year declined to ¥9.2 billion for MUFG Bank, Ltd. and ¥1.84 billion for Sumitomo Mitsui Banking Corporation. - FY2024RestatedAnnual report
「MUFG Bank, Ltd. ¥10 billion (¥9.6 billion) Borrowing period: 7 years (extension option available) Sumitomo Mitsui Banking Corporation ¥2 billion (¥1.92 billion)」
The company reconfirmed the 7-year borrowing terms with an extension option and the balance at the end of the fiscal year for borrowings using a real estate trust. - FY2023RestatedAnnual report
「MUFG Bank, Ltd. ¥10 billion (¥9.8 billion) Borrowing period: 7 years (extension option available) Sumitomo Mitsui Banking Corporation ¥2 billion (¥1.96 billion)」
The company reconfirmed the borrowing terms, including the balance at the end of the fiscal year, for borrowings using a real estate trust. - FY2022First statedAnnual report
「The trustee has entered into loan agreements with the financial institutions below (the “lenders”), with limited-recourse provisions, and has received financing. Lender: MUFG Bank, Ltd. Borrowing amount: ¥10 billion. Borrowing period: 7 years (extension option available). Lender: Sumitomo Mitsui Banking Corporation. Borrowing amount: ¥2 billion.」
The company has raised ¥10 billion from MUFG Bank, Ltd. and ¥2 billion from Sumitomo Mitsui Banking Corporation, with a 7-year borrowing period, through a structure under which portions of the Tokyo Kaikan main building and other properties are placed in trust and borrowings are received as the trust beneficiary.