ARCHITECTS STUDIO JAPAN INC. [6085.T]
TOKYO, Apr 14 (Pulse News Wire) – Architects Studio Japan Inc. (6085.T) announced today that its board of directors, held, approved a loan agreement aimed at bolstering operational funds.
The company plans to borrow an amount of ¥120 million from Expressway Enterprises Limited, with an interest rate of 10%. The loan term is scheduled from April 14, 2026, to June 30, 2026, with repayment due on the maturity date. Expressway Enterprises Limited, headquartered in Hong Kong, operates in investment activities. The firm's capital stands at 10,000 Hong Kong dollars, equivalent to approximately ¥203,400 based on the exchange rate as of April 13, 2026 at @¥20.
Notably, this lender was introduced by Baer Dimitry Phillip, who serves as both a major shareholder and director of Architects Studio Japan. This recent borrowing follows an earlier loan of ¥60 million with an interest rate of 10% executed on February 20, 2026, which matured on June 30, 2026. As a result of these combined loans, the total borrowed amount now exceeds 30% of the company’s previous net assets, necessitating this disclosure. An assessment of the potential impact on the company's performance is ongoing.
Any significant findings will be promptly communicated to stakeholders.
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