Source disclosure: January 22, 2026
GOKURAKUYU HOLDINGS CO.,LTD. [2340.T]
TOKYO, Jan 22 (Pulse News Wire) – Gokurakuyu Holdings CO.,LTD. (2340.T) resolved at its board meeting held, to enter into a syndicated loan agreement aimed at financing new spa outlets.
Key details of the agreement include: - Contract date: February 18, 2026 - Purpose: Funding new store openings for Gokurakuyu Holdings CO.,LTD. - Arranger: Sumitomo Mitsui Banking Corporation - Co-Arrangers: Mizuho Bank, Ltd.
- Lenders: Sumitomo Mitsui Banking Corporation, Mizuho Bank, Ltd., Chuo Cho Kokai Kogyo Central Cooperative Bank, Resona Bank - Total amount: ¥1.760 billion - Final repayment date: May 31, 2034 - Interest rate: Variable rate - Collateral: None - Financial covenants: Maintain net assets at least equal to either 120% of March 2025 figures or 110% of recent annual figures; avoid consecutive two-year operating losses. This loan follows the previously disclosed plans for new outlet openings detailed in the September 3, 2025, press release concerning RAKU SPA in Adachi Nakanoshima.
The impact on the group's performance is expected to be minor, and any significant developments will be promptly communicated.
AI-translated content. 🟢 Confidence: High See terms • Original filing