Kitahama Capital Partners Co.,Ltd.
[Kitahama Capital Partners] Azerbaijan Agricultural Land Leasing Project | July 2026
Kitahama Capital Partners has decided to extend approximately JPY 728 million in loans for farmland in Azerbaijan, supporting tobacco leaf-centric agricultural operations. Implementation is planned for July 2026.
Key Figures
- Loan Amount: 728,250,720 yen
- Scheduled Loan Execution Date: July 31, 2026
- Repayment Deadline: July 31, 2036
AI要約
Business Overview
Kitahama Capital Partners has resolved to extend a loan of approximately JPY 728 million to farmland aimed at cultivating, processing, and selling tobacco leaves and related crops in the Sheki region of Azerbaijan. The borrower is the local entity UNIFY AZE MMC, and proceeds are expected to be used for land rights acquisition and related assets. The project will be led by Azerbaijan’s largest company, TET INTERNATIONAL DEVELOPMENT MMC, with funding provided in July 2026. Land improvement and reclamation work will commence from August 2026, aiming for planting in the 2027 season. Funds will be raised through a temporary borrowing, with full repayment scheduled for July 2036.
Future Outlook and Impact on Investors
This loan represents investment in overseas agricultural business and is anticipated to have minimal impact on consolidated financial statements. Funds will be procured via borrowing, with ongoing monitoring of business progress and financial condition. Revenues from the target project are expected from the fiscal year ending March 2029, and there is exposure to exchange rate fluctuations. Appropriate information disclosures will be made as the project advances and earnings situations evolve.
Kitahama Capital Partners Co., Ltd.
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