Hakuto Co., Ltd.
Conclusion of Monetary Loan Agreement with Financial Covenants
Hakuto Co., Ltd. has entered into fixed-rate loan agreements totaling JPY 160 billion with four banks on February 9, 2026, to secure funds for M&A, with a ten-year repayment period applying installment repayments.
Key Figures
- Loan Amount (Mizuho Bank): JPY 9,600 million
- Loan Amount (Resona Bank): JPY 3,200 million
- Loan Amount (Sumitomo Mitsui Banking Corporation and Mitsubishi UFJ Bank): JPY 1,600 million each
AI要約
Overview of Monetary Loan Agreement with Financial Covenants
Based on the board resolution dated February 5, 2026, Hakuto Co., Ltd. will enter into fixed-rate loan agreements totaling JPY 16,000 million with four banks—Mizuho Bank, Resona Bank, Sumitomo Mitsui Banking Corporation, and Mitsubishi UFJ Bank—to secure growth investment funds including for M&A. The contract date and loan execution date are February 9, 2026. Repayments will be made by installments, the contract term is 10 years, and the loan is unsecured.
Details of Financial Covenants and Future Outlook
This loan agreement includes covenants requiring the consolidated net assets on the balance sheet to be maintained at 75% or more of the previous fiscal year-end from the fiscal year ending March 2026 onward, and prohibits the recording of ordinary losses for two consecutive fiscal periods in the consolidated income statement. The impact on consolidated results is currently under review and will be disclosed promptly as necessary.
