Decollte Holdings Corporation [7372.T]
TOKYO, May 07 (Pulse News Wire) – Decollte Holdings Corporation (7372.T) announced today that its board of directors, held on April 22, 2026, approved a loan agreement with Mizuho Bank. The agreement is aimed at funding the acquisition of shares in Emu Co., Ltd.
And Emu Lab Co., Ltd., previously disclosed on April 22, 2026. Key terms of the loan include a principal amount of [¥800 million] and a repayment deadline set for April 30, 2036. As collateral, Decollte will place a mortgage on real estate owned by its subsidiary, Decollte Co., Ltd.
Additionally, the agreement includes financial covenants requiring the group's net assets to remain at least equal to the previous fiscal year-end level and ensuring that pre-tax profits are not negative for two consecutive periods. The impact on Decollte’s consolidated performance for the September 2026 fiscal quarter is expected to be minor. The company stated it would promptly disclose any significant developments related to this transaction.
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