Kitagawa Seals Financial Covenant Commitment Line Agreement

TOKYO, Jul 17 (Pulse News Wire) – Kitagawa Corporation (6317.T) announced today that it has resolved to enter into a commitment line agreement with financial covenants (the “Agreement”) during its board meeting held on July 17, 2026. The primary reason for entering into the Agreement is to ensure flexible and stable funding sources in preparation for unforeseen geopolitical risks and global economic conditions, thereby enhancing the robustness of its financial foundation and operational stability.

Key details of the Agreement include: - Bilateral arrangement (dealer-type) - Maximum borrowing limit: ¥5 billion - Contract duration: July 17, 2026 to August 03, 2026 - Unsecured financing - Financial covenants include equity maintenance provisions and profit maintenance clauses The agreement was signed with several major banks, including Hiroshima Bank Co., Mizuho Bank Co., Sumitomo Mitsui Banking Corp., and Mitsubishi UFJ Financial Group. Regarding future prospects, the company anticipates that the impact on its performance for the fiscal year ending March 2027 will be minor.

Any significant developments related to the Agreement will be disclosed promptly.