Access Co., Ltd.
Notice of Execution of Commitment Line Agreement with Financial Covenants
Entered into a commitment line with financial covenants with Resona Bank to secure a flexible and stable financing mechanism. Financial covenants require maintaining balance sheet net assets at 75% or more compared with the same period of the previous fiscal year, and ensuring ordinary income is not a loss. Contract period is 2026-10-06 to 2027-10-05, unsecured and without guarantees. Impact on fiscal 2027 is expected to be minor.
Key Figures
- Maximum Borrowing Limit: 30 hundred million yen
- Contract Period: 2026-10-06～2027-10-05
- Collateral/Guarantee: Unsecured, no guarantee
AI要約
Strengthening Financing Measures
The Board of Directors resolved to execute a commitment line agreement with financial covenants to ensure a flexible and stable financing mechanism to meet funding needs arising from business development. The counterparty is Resona Bank, the maximum limit is 30 hundred million yen, the agreement is unsecured and without guarantees, and the contract period is from October 6, 2026 to October 5, 2027.
Financial Soundness and Impact
The financial covenants attached to this agreement require maintaining consolidated net assets on the balance sheet at 75% or more compared with the same period of the previous fiscal year, and ensuring that consolidated ordinary income as shown in the consolidated income statement is not a loss. This aims to maintain financial soundness while addressing short-term funding needs. The impact on consolidated results for fiscal 2027 is expected to be minor.
Access Co., Ltd.
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