Maxell, Ltd.
Notice Regarding Conclusion of Loan Agreement with Financial Covenants
Maxell Holdings, Ltd. plans to conclude a loan agreement with financial covenants totaling 10 billion yen with city and regional banks on March 16, 2026. The impact is expected to be minimal.
Key Figures
- Principal Amount of Debt: 10 billion yen
- Contract Conclusion Date: 2026-03-16 (Scheduled)
- Repayment Deadline: March 19, 2031; March 20, 2034
AI要約
Overview of Agreement Conclusion
Maxell Holdings, Ltd. resolved to enter into a loan agreement with financial covenants totaling 10 billion yen with city and regional banks on March 16, 2026 (scheduled), aiming to allocate growth investment funds in line with its medium-term management plan. The repayment deadlines are March 19, 2031, and March 20, 2034, with no collateral secured.
Contents of Financial Covenants and Future Outlook
This agreement includes financial covenants such as maintaining the net assets section of the consolidated balance sheet at a certain level (75% or higher) and ensuring that the consolidated income statement does not record ordinary losses for two consecutive terms. The impact of the agreement's conclusion on the consolidated results for the fiscal year ending March 2026 is expected to be minimal, and timely disclosures will be made as necessary.
