TOKYO, Mar 16 (Pulse News Wire) – YRGLM Inc. (3690.T) announced today that its board of directors approved a loan agreement involving financial covenants.
The company plans to borrow a total amount of ¥245 million from Mizuho Bank Co., Ltd. The borrowing will take place on April 3, 2026, with a commitment period ending on November 30, 2033. The loan includes a base rate plus spread interest structure and will be repaid through installment payments.
Additionally, the company signed a term loan agreement on November 26, 2025 with a commitment period from November 28, 2025 to November 30, 2026. The repayment schedule for the outstanding balance as of November 30, 2026 extends until November 30, 2033. --- In a statement, CEO Shoichi Iwata noted that while the impact on the company's September 2026 fiscal performance is expected to be minor, YRGLM will promptly disclose any significant effects on future earnings.
CFO Hideki Kashiwagi can be reached for further inquiries.
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