Revolution Refinances Existing Loan Amid Ongoing Subsidiary Sale Negotiations
TOKYO, Jun 30 (Pulse News Wire) – Revolution CO.,LTD. (8894.T) announced today that it has completed refinancing an existing loan through a resolution made at its board meeting held .
The refinancing was aimed at extending the repayment term and restructuring the debt incurred for acquiring subsidiaries REVO GINZA1 and REVO GINZA2. In December 2024, Revolution Co. acquired the entire share capital of REVO GINZA1 and REVO GINZA2, which together had a high equity value of ¥9.300 billion. The acquisition was funded entirely through a loan from Kiinsha Sangyou Shinkou Kumiai (NearIndustrial Credit Union). However, negotiations for selling the shares of these subsidiaries have been prolonged, leading to the need for refinancing. Under the new refinancing agreement, Revolution Co.
Secured a loan amounting to ¥8.400 billion from Kiinsha Sangyou Shinkou Kumiai. The interest rate on the new loan is set at 2.525%, with the final repayment due on December 31, 2026. The loan is collateralized by the real estate holdings of REVO GINZA1 and REVO GINZA2, and co-guaranteed by FOO1, a major shareholder and related party of Revolution Co. Despite the refinancing, Revolution Co. expects the impact on its fiscal year ending October 2026 to be minor. The company continues to explore potential buyers for the subsidiary shares, anticipating a sale benefit of ¥400 million for the same fiscal period.
Any significant developments regarding the sales process will be promptly disclosed.
