Source disclosure: January 30, 2026
Toho Zinc Co., Ltd. [5707.T]
TOKYO, Jan 30 (Pulse News Wire) – Toho Zinc CO.,LTD. (5707.T) announced today that it has amended the financial restriction clauses of its intercreditor agreement dated February 14, 2025, and signed new loan commitment and overdraft agreements with Mitsubishi UFJ Bank.
The amendments to the financial restrictions include maintaining consolidated net assets at levels agreed upon in the restructuring plan finalized in January 2024, ensuring combined cash balances and unused credit limits exceed ¥10 billion, and avoiding consecutive operating losses since the fiscal year ending March 2025. Additionally, the company secured a total loan commitment of ¥1 trillion and an overdraft facility of ¥500 billion with Mitsubishi UFJ Bank.
These changes aim to support the company's stable funding needs amid rising precious metal prices, which have improved operational capital. However, Toho Zinc emphasized that any significant impact on future performance will be promptly disclosed.
The company expects continued monitoring of market conditions and potential adjustments to earnings forecasts as needed.
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