TOKYO, Apr 24 (Pulse News Wire) – Jig.jp CO.,LTD. (5244.T) announced today that its board of directors, held on April 24, approved a loan agreement with Mizuho Bank aimed at funding the acquisition of shares in Bachelor's Date Corporation previously disclosed on April 20.
The loan agreement includes the following key points: - Loan Amount: ¥1.740 billion - Due Date: April 30, 2033 - Guarantee Terms: Unsecured - Financial Covenant: Maintain consolidated net assets at least 75% higher than the highest amount reported in either of the two preceding fiscal years. Additionally, the company committed to ensuring that ordinary profit remains positive in each consolidated accounting period.
Regarding future outlook, the impact of this agreement on the company’s consolidated performance for the fiscal year ending March 2027 is expected to be minor. Any significant developments will be promptly disclosed.
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