Intloop Seals Financial Covenant Loan to Fund Share Acquisitions

TOKYO, Aug 03 (Pulse News Wire) – INTLOOP Inc. (9556.T) announced today that it has resolved to enter into a financial covenant loan agreement during a board meeting held on August 03, 2026.

The purpose of the loan is to finance additional share acquisitions related to Dikusuhoorudingusu Kabushiki Kaisha and the purchase of all shares of Underworks Co., Ltd., along with associated costs totaling ¥2.170 billion. The loan agreement includes the following key points: - Date: August 03, 2026 - Counterparty: Mizuho Bank Corporation - Principal Amount: ¥2.170 billion - Term: Seven years, final repayment due on July 31, 2033 - Interest Rate: Benchmark rate plus spread - Repayment Method: Monthly equal principal payments - Collateral: Shares of the target companies In addition, the loan comes with financial covenants requiring the company to maintain consolidated net assets at or above 75% compared to the previous fiscal year-end balance sheet, and ensuring two consecutive operating profit losses do not occur within any fiscal year.

Management expects the impact of this borrowing on the company's consolidated performance to be minor.