TOKYO, Mar 31 (Pulse News Wire) – Azplanning CO.,LTD. (3490.T) announced today that it has finalized loan agreements related to its previously disclosed real estate acquisition.
The loans, totaling ¥757 million and ¥757 million from Chiba Bank and Musashino Bank respectively, along with a non-collateralized loan of ¥100 million from Saitama Prefectural Credit Union, were secured. The collateralized loans have a term of one year and six months and one year, while the unsecured loan has a term of one year. The total amount borrowed exceeds 30% of the company's net assets as of February 2026.
According to the company, the impact on its fiscal year ending February 2027 is expected to be minor. Detailed forecasts for the upcoming fiscal year will be released later. In a separate statement, the company noted that these transactions align with its strategic plans to expand its property portfolio.
Further updates on the project’s progress will be communicated in due course.
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