First Stage Corp Guarantees FSD's Real Estate Purchase Loan of Over 1 Billion

TOKYO, Jul 16 (Pulse News Wire) – First Stage Corporation (2985.T) announced that its subsidiary, First Stage Development Co., Ltd. (FSD), secured a loan for real estate purchases totaling over ¥1 billion.

The loan, guaranteed fully by First Stage Corp, was arranged with Kinki Shinkou Credit Union and Kagawa Bank. Scheduled for borrowing on July 31, 2026, the funds will carry interest rates based on the Tibor plus spread benchmark rate set by Kinki Shinki Credit Union.

The loan term spans either one or two years. Looking ahead, while the impact on First Stage Corp’s fiscal year ending March 2027 is expected to be minor, the company stated it would promptly disclose any significant developments related to this transaction.