TOKYO, Apr 17 (Pulse News Wire) – Showcase Inc. (3909.T) announced today that its board of directors approved changes to a monetary lending agreement with dominant shareholder AI Fusion Capital Group (254A.T).
The revised contract extends the repayment deadline and adjusts interest calculation methods. Originally signed on April 18, 2025, the loan amount remains unchanged at ¥1 billion. The new agreement sets a fixed interest rate based on Tibor1.33% plus 1.2%, replacing the previous annual rate of １%. Repayment is now due within one year from April 21, 2026.
The decision reflects strategic efforts to optimize cash flow and enhance operational efficiency within the group. To ensure fairness and avoid conflicts of interest, independent outside directors reviewed the transaction's conditions and provided their approval. Additionally, the special committee confirmed that AI Fusion Capital’s ability to repay the loan is secure, citing substantial funds available through maturing government bonds held by subsidiary Mirai Door Kabushiki Kai. Impact on future earnings is expected to be minor, though the company will continue to assess and disclose any significant effects.
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