TOKYO, Mar 16 (Pulse News Wire) – Rebible CO.,LTD. (370A.T) announced today that its board of directors approved the acquisition of two properties and secured loans related to the purchase.
The properties consist of a residential and warehouse building located at Tokyo, Shinjuku Ku Ai Juu Chou with a land area of 119.64 square meters, and a development plot at Tokyo, Shinjuku Ku Ai Juu Chou measuring 238.61 square meters. The sale and purchase agreement is scheduled to be finalized on March 31, 2026, with delivery set for March 31, 2026. Due to confidentiality agreements, the seller's identity and purchase price remain undisclosed. There are no significant capital, personal, transactional, or related party relationships between REBIBLE and the seller. For financing purposes, REBIBLE has arranged loans from Resona Bank.
The loan for the residential property totals ¥200 million and is due for repayment on March 31, 2028. The loan for the development plot amounts to ¥170 million and is expected to be repaid on September 30, 2027. Both loans carry a base rate plus spread interest and will be fully repaid upon maturity. The respective properties will serve as collateral for each loan. Regarding the impact on performance, REBIBLE anticipates selling the acquired assets during the fiscal year ending June 2027.
The company expects the acquisitions and associated borrowing to have a minor effect on its consolidated results for the fiscal year ending June 2026.
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