Concluded a subordinated term loan agreement of 22 billion yen on February 19, 2026, scheduled for execution on March 11, 2026. The repayment date is March 13, 2056.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"6472","jir_company_name":"NTN Corporation","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-02-19","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/02\/6472-20260219-01.pdf","jir_short_summary":"Concluded a subordinated term loan agreement of 22 billion yen on February 19, 2026, scheduled for execution on March 11, 2026. The repayment date is March 13, 2056.","jir_summary":"### Overview of the Subordinated Term Loan Agreement\nNTN Corporation concluded a subordinated term loan agreement of JPY 22 billion on February 19, 2026, scheduled for execution on March 11, 2026. The repayment date is March 13, 2056, with prepayment possible after five years on interest payment dates due to tax reasons and other conditions. Detailed terms including refinancing restrictions, discretionary suspension of interest payments, and priority ranking have also been established. The acquired credit rating is BBB-, and it is evaluated as capital nature \u201cClass 3, 50% capital treatment.\u201d\n\n### Capital Policy and Impact on Investors\nThis loan is positioned as a highly capitalized subordinated debt and contributes to capital enhancement. Due to refinancing restrictions, prepayment requires financing with instruments of equal or higher capital quality, ensuring financial stability. The ability to defer interest payments at the company\u2019s discretion and the payment priority ranking equivalent to preferred stock in cases such as corporate reorganization proceedings are also important points for investors.","jir_financial_highlights":"Amount Raised: JPY 22 billion (Unknown)\nContract Date: 2026-02-19 (Unknown)\nExecution Date: 2026-03-11 (Unknown)\nRepayment Date: 2056-03-13 (Unknown)\nCredit Rating Acquired: BBB- (Rating and Investment Information, Inc.) (Unknown)","jir_category":"","jir_hashtags":"#NTNCorporation, #CapitalPolicy, #SubordinatedTermLoan","jir_key_figures":"Amount Raised: JPY 22 billion\nContract Date: 2026-02-19\nRepayment Date: 2056-03-13","jir_meta_title":"NTN Corporation Announces Conclusion of 22 Billion Yen Subordinated Term Loan Agreement","jir_meta_description":"NTN Corporation concluded a subordinated term loan agreement of JPY 22 billion on February 19, 2026, aiming to strengthen its financial foundation through 50% capital treatment financing.","jir_og_title":"NTN Corporation Concludes 22 Billion Yen Subordinated Term Loan Agreement","jir_og_description":"Concluded a subordinated term loan agreement of JPY 22 billion on February 19, 2026, aiming to stabilize finances through highly capitalized funding.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":9018,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"capital_policy","footnotes":""},"sector":[],"importance":[],"class_list":["post-30241","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n