← Back to the feed
Default5528Frontier House Co.,Ltd.

Frontier House to Borrow Funds for Asset Acquisition

– Frontier House CO.,LTD. (5528.T) announced today that it has resolved to borrow funds through two separate agreements during a board meeting held on July 16, 2026.

Under the first agreement, the company plans to borrow ¥300 million from Yamanashi Chuo Bank. The loan is scheduled to be executed on September 16, 2025, with interest based on the bank's benchmark rate. The term of the loan is set at 20 years, and collateral will be provided. In the second agreement, Frontier House intends to borrow ¥296 million from Yokohama Bank. This loan is also planned for execution on September 16, 2025, with interest rates tied to Yokohama Bank’s base rate.

The term of this loan is 10 years, and collateral will be offered as well. The total amount borrowed across both loans is expected to be ¥596 million. The impact on the consolidated performance for the fiscal year ending June 2027 is anticipated to be minor. However, the company will promptly disclose any significant developments related to this borrowing arrangement. --- This funding is intended to finance the acquisition of fixed assets previously disclosed on September 16, 2025.

The company will continue to monitor the situation and update stakeholders accordingly.

PDFOriginal disclosureTDnet filing · Japanese · 15:00 JSTView original ↗
End of article