TOKYO, Mar 18 (Pulse News Wire) – Lovable Marketing Group,inc. (9254.T) resolved at its board meeting held, to enter into a financial agreement to secure funds for acquiring shares of Rice Curry LS Co., Ltd.
The loan amounting to ¥300 million was agreed upon with Mizuho Bank, with repayment due between April 30, 2026, and March 31, 2031. The agreement includes financial covenants requiring the company to maintain operating profit without consecutive losses and ensure net assets increase by 80% annually since the fiscal year ending March 2026. Additionally, similar conditions apply to Rice Curry LS's financial performance post-acquisition.
This financing move is expected to have a minor impact on Lovable Marketing Group’s consolidated results for the fiscal year ending March 2026. An analysis of the potential effects on the next fiscal year (ending March 2027) is currently underway and will be reflected in future earnings forecasts. Any significant developments will be promptly disclosed.
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