TOKYO, Apr 30 (Pulse News Wire) – GALA INCORPORATED (4777.T) resolved to extend its existing loan facility based on a board resolution dated April 30, 2026. The extension pertains to a loan originally disclosed on November 12, 2024, aimed at equipment investment purposes.
Under the updated agreement, the final repayment date has been extended from April ¥30,000, 2026, to April 30, 2027. Other key terms remain unchanged, including the borrowing amount of ¥1 billion, variable interest rate tied to TIBOR 3M1.65%, and equal principal repayments leading up to the final settlement date.
The loan, secured by purchased real estate and guaranteed by Megazone Corporation, continues to support capital expenditures. CFO Ichiro Ogasawara stated that the impact on the consolidated performance for the fiscal year ending December 2026 is expected to be minor.
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