TOKYO, Apr 17 (Pulse News Wire) – giftee Inc. (4449.T) announced today that its board of directors approved an overdraft agreement and loan facility with financial institutions.
The purpose of the agreement is to ensure flexible funding for future business growth. Under the agreement, giftee will enter into overdraft contracts with Mizuho Bank and Mitsubishi UFJ Bank. The contract limit is ¥8 billion. The contract period runs from April 23, 2026, to October 31, 2026 (tentative).
The interest rate is variable, and there are no collateral or guarantees involved. A separate framework will be established for this agreement compared to existing overdraft facilities. Additionally, giftee plans to execute a total loan amount of ¥5.500 billion on April 23, 2026, with a borrowing term of up to one month. Again, there will be no collateral or guarantees attached to this transaction.
Regarding the impact on performance, the company stated that while the effect on the fiscal year ending December 2026 is expected to be minor, it will promptly disclose any significant developments related to this matter.
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