TOKYO, Jun 15 (Pulse News Wire) – GMO Commerce,inc. (410A.T) announced today that its board of directors approved a loan agreement aimed at financing the acquisition of GMO Digital Lab Co., Ltd., which was disclosed .
The loan details include borrowing from Sumitomo Mitsui Banking Corporation with an amount of ¥700 million. The interest rate will be variable based on the benchmark rate plus spread. The loan is scheduled to be executed on June 30, 2026, and will have a term of five years.
Repayment will follow an equal principal repayment method without any collateral or guarantees. According to the company, the impact on the fiscal year ending December 2026 is expected to be minor. GMO Commerce stated that it will promptly disclose any significant developments related to this transaction in the future.
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