Source disclosure: February 26, 2026, 15:00 JST
BALNIBARBI Co.,Ltd. [3418.T]
TOKYO, Feb 26 (Pulse News Wire) – Balnibarbi CO.,LTD. (3418.T) decided to revise its funding plan due to anticipated increases in borrowing costs amid rising interest rates.
Originally, the company planned to allocate ¥1.400 billion for restaurant expansion investments and ¥862.9 million for acquiring land and facilities for a hotel project in Awajishima, Hyogo Prefecture, by July 2026. However, the recent hikes in policy interest rates by the Bank of Japan since July 2024 have led the company to conclude that securing funds through bank loans earlier would be more appropriate. As a result, BALNIBARBI resolved to enter into a special overdraft agreement with Mizuho Bank to facilitate early funding for future store openings.
Consequently, the revised allocation now includes spending ¥1,721,520 on restaurant equipment investment until July 2029 and ¥541,387 on hotel property acquisition until December 2026. Under the updated plan, the total amount remains unchanged at ¥2,262,907. The company maintains its forecast for the fiscal year ending July 2026 without alteration.
Any significant developments will be promptly disclosed.
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