Source disclosure: February 27, 2026, 08:30 JST
IZAWA TOWEL CO.,LTD. [365A.T]
TOKYO, Feb 27 (Pulse News Wire) – Izawa Towel CO.,LTD. (365A.T) announced today that it has entered into a ¥1 billion overdraft facility agreement with Mitsubishi UFJ Financial Group (MUFG) Bank.
The purpose of this contract is to enhance liquidity management and maintain flexibility in capital policy amid uncertain economic conditions. Key details of the agreement include: - Borrowing limit: ¥1 billion - Interest rate: TIBOR plus spread - Contract duration: One year, renewable annually - Purpose of funds: Working capital - Collateral requirements: None The company stated that there would be no changes to its fiscal year 2026 earnings forecast due to this arrangement.
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