Japan Excellent, Inc.
Notice Regarding Borrowing of Funds
Japan Excellent Investment Corporation plans to execute a 5 billion yen unsecured and non-guaranteed one-year loan from Mizuho Bank, Ltd. on March 19, 2026, to allocate funds for additional acquisition of shares in Akasaka Intercity AIR and associated expenses.
Key Figures
- Loan Amount: 5 billion yen (borrowed from Mizuho Bank, Ltd.)
- Loan Term: 1 year (executed on March 19, 2026, repaid on March 19, 2027)
- Total Loans: Increase of 500 hundred million yen from 9,310 hundred million yen to 9,810 hundred million yen
AI要約
Overview of the Borrowing
Japan Excellent Investment Corporation plans to borrow 5 billion yen from Mizuho Bank, Ltd. at a floating interest rate (Zengin Association 1-month JPY TIBOR + 0.200%) for one year, to be executed on March 19, 2026. The borrowing will be under an overdraft loan agreement with a lump-sum repayment due on March 19, 2027, without collateral or guarantee. The borrowed funds will be allocated to the additional acquisition of shares in Akasaka Intercity AIR and related expenses.
Financial Position and Risks Before and After Borrowing
As a result of this borrowing, short-term borrowings will increase from 8.5 billion yen to 13.5 billion yen, and total borrowings will increase from 931 billion yen to 981 billion yen. Total interest-bearing debt will also increase from 131.1 billion yen to 136.1 billion yen. Regarding risks associated with the borrowing, there are no changes to the investment risks disclosed in the 38th-term Securities Report submitted on September 26, 2025.
