TOKYO, Apr 02 (Pulse News Wire) – JALCO Holdings Inc. (6625.T) announced today that its subsidiary, JALCO Co., Ltd., has secured a loan from Iwate Bank to partially fund the acquisition of income-generating real estate properties disclosed on January 30, 2026.
The total amount borrowed is ¥2.880 billion. The interest rate is set at ３% (linked to the long-term preferential lending rate based on the short-term prime rate plus -0.325%). The contract was signed on April 02, 2026, and the funds will be disbursed on April 03, 2026. Repayment is scheduled for March 31, 2043. The loan will be used exclusively for the purchase of the aforementioned real estate assets.
This transaction marks a new partnership between JALCO Holdings and Iwate Bank, highlighting the group's efforts to diversify funding sources and expand its network of financial institutions. The bank’s strong regional presence and understanding of local conditions make it well-suited to support such investments. Additionally, securing this financing underscores the lender's confidence in JALCO Holdings' operational stability, continuous revenue generation capabilities, and sound financial management. Looking ahead, JALCO Holdings plans to further strengthen ties with regional banks to ensure sustained and stable funding channels for future projects. The impact of this borrowing will be reflected in the consolidated performance for the fiscal year ending March 2027.
At this stage, the effect is expected to be minor; however, any significant developments will be promptly disclosed.
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