TOKYO, Jun 15 (Pulse News Wire) – Now Village CO.,LTD. (355A.T) announced today that its board of directors has approved loans totaling ¥40 million ¥20 million to fund office relocation and operational expenses.
The loans, which will be disbursed on June 29, 2026, are set to run for five years each. One loan will be from Resona Bank and the other from Chukyo Federation of Credit Unions.
Both loans carry variable interest rates tied to short-term prime rates and one-month TIBOR plus spread, respectively. Neither loan requires collateral.
In a statement, CFO Yoshihisa Miyazono noted that while the impact on the company's performance for the fiscal year ending September 2026 is expected to be minor, the firm will promptly disclose any significant developments related to these borrowings.
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