The company executed a commitment line loan agreement with Resona Bank on March 2, 2026, for 1 billion yen with financial covenants attached. The facility matures on August 31, 2026, and is unsecured, with borrowing to be fully drawn on March 4, 2026. The agreement includes mandatory financial covenants requiring maintenance of consolidated equity at 75% or more of prior year levels and prevention of consecutive period losses in operating income.
¥1.0bn
›
Summary
The company executed a commitment line loan agreement with Resona Bank on March 2, 2026, for 1 billion yen with financial covenants attached. The facility matures on August 31, 2026, and is unsecured, with borrowing to be fully drawn on March 4, 2026. The agreement includes mandatory financial covenants requiring maintenance of consolidated equity at 75% or more of prior year levels and prevention of consecutive period losses in operating income.
The company decided to acquire all ordinary shares of Zealox Inc., a women-focused web design school operator, and consolidate it as a subsidiary. The acquisition price is 350 million yen plus 47 million yen in advisory fees. The company will finance this acquisition through a 350 million yen loan from Sumitomo Mitsui Banking Corporation with financial covenants, with repayment due by February 28, 2029.
¥397M
›
Summary
The company decided to acquire all ordinary shares of Zealox Inc., a women-focused web design school operator, and consolidate it as a subsidiary. The acquisition price is 350 million yen plus 47 million yen in advisory fees. The company will finance this acquisition through a 350 million yen loan from Sumitomo Mitsui Banking Corporation with financial covenants, with repayment due by February 28, 2029.
Counterparty: Zealox Inc. (株式会社Zealox); Sumitomo Mitsui Banking Corporation (株式会社りそな銀行)