C Channel Corporation [7691.T]
TOKYO, Apr 08 (Pulse News Wire) – C Channel Corporation (7691.T) disclosed today that its board of directors approved a loan agreement with Resona Bank for operational funds. The loan amount is ¥100 million.
The interest rate is calculated based on the short-term prime rate plus an additional annual percentage of 0.625%, with the base prime rate being 2.375%. The borrowing date is scheduled for April 15, 2026, and the final repayment deadline is set for June 30, 2027. The repayment method involves monthly installments ending on each month's last day from May 31, 2026 to May 31, 2027 (a total of 13 installments of ¥7.2 million) followed by a final payment of ¥7.0 million on June 30, 2027.
There will be no collateral or guarantor involved in this transaction. Regarding the impact on performance, the company anticipates that the effect on the fiscal year ending March 2027 will be minor. However, should any significant developments arise, the company commits to providing timely updates.
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