TOKYO, Apr 13 (Pulse News Wire) – Kuramoto CO.,LTD. (5216.T) completed its debt repayment under a business revitalization plan, marking the end of its ADR procedure., the company prepaid all remaining debts totaling ¥112 million, funded by proceeds from a rights issue completed on April 01, 2026.
This move brings the company's individual balance sheet to a net-debt-free position, eliminating interest-bearing liabilities (excluding lease obligations). Additionally, the company has lifted all mortgage liens on its factory assets, covering approximately 174,726 square meters across its headquarters and two factories.
Looking ahead, Kuramoto expects improved financial flexibility and external creditworthiness, enabling easier access to indirect financing for future growth. The company plans to shift focus from restructuring to sustainable expansion, aiming to enhance shareholder value further.
Any impact on the fiscal year ending December 31, 2026, will be disclosed promptly once assessed.
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