Shikibo Secures New Loan Amidst Commitment Line Agreement

TOKYO, Jun 30 (Pulse News Wire) – SHIKIBO LTD. (3109.T) implemented a loan based on a commitment line agreement with 15 financial institutions to enhance operational funding efficiency.

The loan was executed, involving the repayment of existing borrowings totaling ¥8 billion and securing a new borrowing amount of ¥7.840 billion. Key terms of the transaction include a debt-free structure with a repayment deadline set for July 31, 2026. Additionally, the agreement mandates maintaining net assets at 75% higher than the previous fiscal year-end balance sheet figures and ensuring two consecutive profitable quarters in ordinary income statements.

In a statement, Executive Director Fukuimoto Takeshi noted that the impact on the company's performance is expected to be minor. SHIKIBO LTD. remains committed to disclosing any significant developments promptly.