Source disclosure: February 26, 2026, 15:00 JST
BALNIBARBI Co.,Ltd. [3418.T]
TOKYO, Feb 26 (Pulse News Wire) – Balnibarbi CO.,LTD. (3418.T) resolved today to enter into a special overdraft agreement with Mizuho Bank, Ltd.
The agreement includes financial covenants aimed at securing funds for future store openings amid anticipated increases in borrowing costs due to rising policy interest rates. Under the agreement, BALNIBARBI will borrow ¥1 billion with repayment scheduled for January 31, 2027. The loan is unsecured and carries conditions requiring the company's consolidated net assets to remain above 75% of the higher value between its fiscal year 2025 balance sheet and the previous year’s figure for two consecutive periods.
Additionally, the company must ensure that its ordinary profit does not show losses for two consecutive accounting periods. Looking ahead, BALNIBARBI maintains its July 2026 earnings forecast unchanged. Any significant developments will be promptly disclosed.
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