Shikibo Secures New Loan Amidst Financial Strategy Adjustments

TOKYO, Jul 31 (Pulse News Wire) – SHIKIBO LTD. (3109.T) implemented a loan transaction based on a commitment line agreement with 15 financial institutions to enhance operational funding efficiency.

The loan, totaling ¥12.00 billion, was executed , replacing existing borrowings of ¥7.840 billion and adding a new borrowing amount of ¥8 billion. The repayment deadline for this debt is set for August 31, 2026, and it remains unsecured. Under the terms of the agreement, SHIKIBO LTD. is committed to maintaining its standalone balance sheet equity at or above a year-over-year increase of 75%.

Additionally, the company must ensure that its ordinary income does not show consecutive losses during any fiscal period. Looking ahead, the company anticipates minimal impact on its performance due to this transaction. Should any significant developments arise, SHIKIBO LTD. pledges to disclose such information promptly.