S.ISHIMITSU&CO.,LTD. [275A.NG]
TOKYO, Jun 16 (Pulse News Wire) – S.ishimitsu&co.,ltd. (275A.T) announced today that its board of directors has approved a loan agreement with Aikawa Kansai Bank.
The loan amount is ¥100 million. Scheduled to be executed in June 2026, the funds will be used as long-term operational capital to support future business expansion and stabilize the company's financial foundation. The loan will be repaid in full by June 2033, with interest rates based on the six-month TIBOR rate published two business days prior to each payment date.
The impact on the fiscal year ending February 2027 is expected to be minor. However, the company will promptly disclose any significant developments related to this transaction. The loan does not require collateral but is guaranteed by the Osaka Credit Guarantee Association.
🟢 Confidence: High AI-translated content.