Hito-To-Hito Holdings Completes Financing for Subsidiary Acquisition

TOKYO, Jul 31 (Pulse News Wire) – Hito-to-hito Holdings CO.,LTD. (549A.T) completed financing for the acquisition of SPD&Company's shares on July 31, 2026.

The funds will be used for the share purchase and related expenses as previously disclosed on July 16, 2026. The company secured loans from Fukuoka Bank and Saitama Resona Bank. Key details of the loan agreements are as follows: Fukuoka Bank: - Loan amount: ¥1.500 billion - Interest rate: Variable interest (benchmark rate plus spread) - Execution date: July 31, 2026 - Term: Seven years - Repayment method: Equal principal payments - Collateral: Unsecured - Guarantees: Financial covenants requiring the subsidiary’s cash flow to remain above ¥250 million and net assets to exceed ¥700 million compared to the previous fiscal year-end, starting from March 2028.

Violation of these covenants would result in an increase in the interest rate spread by 0.5% points. Saitama Resona Bank: - Loan amount: ¥1.500 billion - Interest rate: Variable interest (benchmark rate plus spread) - Execution date: July 31, 2026 - Term: Seven years - Repayment method: Equal principal payments - Collateral: Unsecured - Guarantees: Same financial covenants as outlined above. Regarding the impact on the company's consolidated performance for the fiscal year ending March 2027, further analysis is ongoing.

Any significant findings will be promptly communicated to stakeholders.