TOKYO, Mar 31 (Pulse News Wire) – SHIKIBO LTD. (3109.T) implemented a loan transaction based on its commitment line agreement with 15 financial institutions to enhance operational funding efficiency.
The loan amount of ¥1.489 billion was executed, replacing existing borrowings of ¥1.2 billion. Key terms of the loan include a repayment deadline of April 30, 2026, and no collateral requirement. Financial covenants stipulate maintaining net assets at least 75% higher than the previous fiscal year-end balance and ensuring two consecutive profitable quarters according to ordinary income figures.
In a statement, President and CEO Suzuki Atsumi highlighted the strategic importance of securing efficient financing channels. “This move supports our ongoing operations and underscores our commitment to sustainable financial health,” he said. Looking ahead, SHIKIBO anticipates minimal impact on performance but remains vigilant and committed to timely disclosure of any significant developments.
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