TOKYO, Jun 10 (Pulse News Wire) – Karadanote,inc. (4014.T) announced today that its board of directors, chaired by President Ryuya Sato, resolved to secure a loan .
The funds will be used to finance the acquisition of shares in FPO Corporation, previously disclosed on May 29, 2026. The loan details are as follows: - Borrowing entity: Sumitomo Mitsui Banking Corporation - Amount: ¥600 million - Term: Seven years - Interest rate: Benchmark interest rate plus 0.90% - Expected disbursement date: June 12, 2026 - Collateral: Shares of the target company In a statement, Chief Financial Officer Shunichiro Takano indicated that the impact on the company's performance for the July 2026 fiscal quarter is expected to be minor.
However, Karadanote,inc. will promptly disclose any significant developments related to this transaction.
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