TESS Holdings Co.,Ltd. [5074.T]
TOKYO, Jun 18 (Pulse News Wire) – Tess Holdings CO.,LTD. (5074.T) adjusted the details of its loan agreement due to a calculation error identified after the initial disclosure on June 17, 2026.
The revised agreement involves a syndicated commitment line contract arranged by Sumitomo Mitsui Banking Corporation, with a total commitment amount of ¥15.40 billion. Originally, the debt principal was set at ¥8 billion, but this was corrected to 8.001 billion based on the correct share distribution among participating financial institutions. Under the amended agreement, the subsidiary Tes Engineering Co., Ltd. will now borrow funds according to the correct debt principal of ¥8.001 billion, with repayment deadlines occurring monthly on the last business day until July 31, 2026.
The contract decision and execution dates have also been updated to June 18, 2026. The company stated that there would be no impact on the consolidated performance for the fiscal year ending June 2026. However, the potential effects on the fiscal year ending June 2027 are currently being assessed. Any significant impacts on future consolidated results will be disclosed promptly.
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