Wakachiku Construction Co., Ltd.
Implementation of Borrowing Based on Commitment Line Agreement
Wakachiku Kensetsu Co., Ltd. will implement borrowing under a syndication-style commitment line agreement totaling 13 billion yen on March 24, 2026, for efficient working capital procurement.
Key Figures
- Total Contract Amount: 13,000 million yen (syndication-style commitment line agreement)
- Date of Borrowing: 2026-03-24
- Repayment Deadline: 2026-03-31
AI要約
Overview of Borrowing
Wakachiku Kensetsu Co., Ltd. will conduct borrowing on March 24, 2026, based on a syndication-style commitment line agreement totaling 13 billion yen entered with 10 financial institutions for efficient working capital procurement. The borrowing amount will be 8,000 million yen newly borrowed after repaying existing borrowings of 8,500 million yen. The repayment deadline is March 31, 2026, and the borrowing is unsecured.
Financial Covenants and Future Outlook
The contract includes financial covenants requiring maintenance of net assets at 75% or more based on the standalone balance sheet at the end of the fiscal year ending March 2025 or the immediately preceding fiscal year-end, and the standalone income statement must not show ordinary losses for two consecutive periods. The impact of this borrowing on performance is expected to be minor.
