C'S Create to Borrow Funds for Property Purchase

TOKYO, Jul 28 (Pulse News Wire) – C's Create Co.,ltd (8921.T) announced that it has resolved to borrow funds for the acquisition of properties intended for sale and part of the construction costs for buildings planned on those properties. The borrowing resolution was made during a board meeting held.

Key details of the borrowing include: - Borrowing amount: Up to ¥800 million - Interest rate: Variable interest based on the short-term prime rate plus spread - Expected borrowing date: July 31, 2026 - Term: From July 31, 2026 to November 30, 2028 (estimated) - Security: Mortgage on the acquired property The borrowed funds will be used for the purchase of a property located in Tokyo, Machida Shi, which consists of land covering 659.38 square meters. The maximum borrowing limit exceeds the net assets of the previous fiscal year (ending June 2025), which amounted to ¥2.589 billion.

According to the company, while the impact on the performance for the fiscal year ending July 2026 is expected to be minor, C’s Create will promptly disclose any significant developments related to this transaction.