To secure funding for the additional equity acquisition and to ensure flexible funding options, we plan to borrow 4.0 billion yen from Sumitomo Mitsui Banking Corporation and establish a 10.0 billion yen special overdraft facility with a mutual agreement. 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The acquisition date and review dates are scheduled for August 2026.","jir_summary":"### Overview of Capital Policy\nWe disclosed plans to sign a borrowing agreement for equity acquisition funding (4.0 billion yen) with Sumitomo Mitsui Banking Corporation and a flexible funding facility (special overdraft limit of 10.0 billion yen) to support the equity purchase. The loan interest rate is a variable rate (base rate + spread), with a 3-year term and principal repayment in equal installments. The overdraft facility is for a one-year period and will be used for working capital. The stock transfer date is scheduled for August 28, 2026, subject to the status of regulatory reviews.\n\n### Outlook and Impact\nThe direct impact on our results is expected to be minor, but we will promptly disclose any matters that require disclosure. Securing funding options will enhance agility for business expansion and growth investments, supporting sustainable growth.","jir_financial_highlights":"Borrowing amount: 40 \u5104\u5186 (\u4e0d\u660e)\nBorrowing period: 3\u5e74\u9593 (\u4e0d\u660e)\nBorrowing interest rate: Variable rate (base rate + spread) (\u4e0d\u660e)\nSpecial overdraft limit: 100 \u5104\u5186 (\u4e0d\u660e)\nBorrowing execution date: 2026 \u5e748 \u670827 \u65e5\uff08\u4e88\u5b9a\uff09 (\u4e0d\u660e)\nBorrowing period (special overdraft): 1\u5e74\u9593 (\u4e0d\u660e)","jir_category":"","jir_hashtags":"#LaxEquityFunding, #CapitalPolicyNews","jir_key_figures":"Borrowing amount: 40 \u5104\u5186\nSpecial overdraft limit: 100 \u5104\u5186\nBorrowing execution date: 2026 \u5e748 \u670827 \u65e5\u4e88\u5b9a\/\u5951\u7d04\u7de0\u7d50\u65e5: 2026 \u5e748 \u670826 \u65e5\u4e88\u5b9a","jir_meta_title":"\u3010Lax Co., Ltd.\u3011Plan to borrow for additional equity acquisition and sign special overdraft agreement\uff5cAugust 2026","jir_meta_description":"Lax plans to borrow 4.0 billion yen and establish a 10.0 billion yen special overdraft facility to fund the additional equity acquisition. The borrowing is scheduled for August 2026, with execution depending on review status. Limited impact on future performance is anticipated.","jir_og_title":"\u3010Lax Co., Ltd.\u3011Borrowing and overdraft for equity acquisition planned","jir_og_description":"Lax plans to secure funds for an additional equity acquisition and flexible financing by borrowing 4.0 billion yen and establishing a 10.0 billion yen special overdraft. Execution date and review status to be disclosed going forward.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":8026,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"capital_policy","footnotes":""},"sector":[],"importance":[],"class_list":["post-106846","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n