TOKYO, Jun 08 (Pulse News Wire) – Houyou Inc. (562A.T) has decided to enter into a cash loan agreement based on its internal regulations to ensure flexible and stable funding sources due to increased operational capital needs resulting from business expansion.
Key details of the agreement include: - Counterparty: West Nippon City Bank Co., Ltd. - Agreement Type: Overdraft Facility - Amount: ¥100 million (increase in overdraft limit) - Interest Rate: TIBOR + 0.70% - Purpose: Working Capital - Term: Six months - Funding Execution Date: June 08, 2026 - Repayment Method: Lump-sum repayment upon maturity - Security: Unsecured In light of future performance impacts, the company is currently assessing potential effects and will promptly disclose any significant findings.
🟢 Confidence: High AI-translated content.