Takamiya Secures Loan Agreement with Financial Covenants
TOKYO, Jun 25 (Pulse News Wire) – Takamiya CO.,LTD. (2445.T) has entered into a loan agreement worth [¥4 billion] with financial covenants to secure stable and efficient funding for equipment investments.
The five-year loan, which is unsecured, was signed on June 25, 2026 with a syndicate of urban banks and others, with repayment due on April 30, 2031. Under the terms of the agreement, Takamiya must maintain its consolidated net assets at levels equal to or higher than those reported in the previous fiscal or interim reporting periods.
Additionally, the company is required not to incur consecutive ordinary losses in any two consecutive fiscal periods. Looking ahead, the company expects the impact of this loan on its consolidated performance for the fiscal year ending March 2027 to be minor.
