TOKYO, Mar 25 (Pulse News Wire) – Tokyo Communications Group,inc. (7359.T) announced today that it has finalized a financial agreement aimed at bolstering its long-term strategic funding stability and capital efficiency.
The decision was made during a board meeting held on March 19, 2026, chaired by CEO Yuuki Koya. Under the agreement, the company secured a loan of March 25, 2026 from Resona Bank, effective on March 31, 2026. The five-year borrowing period runs until March 31, 2031, with equal principal repayments scheduled throughout.
The loan is collateralized by all shares of Tifaret Corporation and guaranteed by Tifaret's joint liability. This move is part of Tokyo Communications Group’s broader strategy to enhance its financial foundation while maintaining flexibility in operational decisions. The agreement includes financial covenants stipulating that the consolidated operating loss should not exceed two consecutive periods, the net debt-to-EBITDA ratio must remain within 4.0 times, and Tifaret Corporation’s standalone cash flow must stay above [NUM_2].
Kazuhiko Akahori, CFO, stated that although the impact on performance is expected to be minor, the company remains committed to disclosing any significant developments promptly.
🟡 Confidence: Standard AI-translated content.