Wakachiku Construction Co., Ltd.
Decision on Borrowing Based on Commitment Line Agreement
Wakachiku Kensetsu Co., Ltd. plans to execute a borrowing of 6,000 million yen on March 31, 2026, under a commitment line agreement concluded with 10 banks to efficiently procure working capital.
Key Figures
- Borrowing Amount: 6,000 million yen (new borrowing)
- Repayment of Existing Borrowings: 8,000 million yen
- Total Contract Amount: 13,000 million yen (commitment line agreement total)
AI要約
Overview of Borrowing
Wakachiku Kensetsu Co., Ltd. decided to efficiently procure working capital by entering into a commitment line agreement totaling 13,000 million yen with 10 financial institutions, and plans to repay existing borrowings of 8,000 million yen on March 31, 2026, and newly borrow 6,000 million yen. The borrowing will be made through a syndicated unsecured loan with a repayment deadline of April 7, 2026.
Financial Covenants and Future Outlook
The agreement includes covenants such as maintaining net assets of at least 75% on the standalone balance sheet at the end of each fiscal year and avoiding two consecutive fiscal years with ordinary losses on the ordinary income statement. The impact on earnings from this matter is considered minimal.
Wakachiku Kensetsu Co., Ltd.
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