Source disclosure: March 02, 2026, 12:20 JST
Published by Pulse News Wire: March 02, 2026, 13:46 JST
Flier Inc. [323A.T]
TOKYO, Mar 02 (Pulse News Wire) – Flier Inc. (323A.T) announced today that it has finalized a ¥100 million loan commitment line agreement with Resona Bank to secure operational funding.
The agreement was decided upon on February 27, 2026, after being approved by the board of directors on February 13, 2026. Under the terms of the agreement, which becomes effective, and matures on August 31, 2026, the loan will carry a floating interest rate based on benchmark rates plus a spread. Importantly, the loan is unsecured but comes with certain financial covenants.
Specifically, the company must maintain its consolidated net assets at 75% or more compared to the previous fiscal year-end, and avoid consecutive quarterly losses in ordinary income. In addition to providing necessary liquidity, the loan aims to strengthen and stabilize Flier Inc.'s financial foundation. The company stated that there would be no changes to its previously disclosed earnings forecast for the current fiscal year ending February 2027 due to this borrowing arrangement.
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