Raised 10 billion yen through a new subordinated loan with special provisions and executed early redemption of existing subordinated loans. The fundraising is scheduled for September 2026, with repayment set for 35 years from the execution date. Restrictions apply to refinancing, with a medium level of capital evaluation. The impact on the 2026 September period results is expected to be minimal.<\/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":"2874","jir_company_name":"Yokohama Refrigeration Co., Ltd.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-06-29","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/06\/2874-20260629-01.pdf","jir_short_summary":"Raised 10 billion yen through a new subordinated loan with special provisions and executed early redemption of existing subordinated loans. The fundraising is scheduled for September 2026, with repayment set for 35 years from the execution date. Restrictions apply to refinancing, with a medium level of capital evaluation. The impact on the 2026 September period results is expected to be minimal.","jir_summary":"### Overview of Capital Policy\nYokohama Refrigeration has announced refinancing by raising a new 10 billion yen subordinated loan with special provisions and early redemption of existing subordinated loans. The scheduled implementation date is September 25, 2026, with repayment due 35 years after the implementation date. Conditions for early redemption include a consolidated shareholders' equity ratio of at least 42%, or based on a certain level of shareholders' equity, among other criteria. Dilution is not securitized. The capital assessment is expected to be medium.\n\n### Future Outlook and Impact\nThis refinancing aims to enhance financial stability, capital efficiency, and diversify funding sources. Interest payments can be partially deferred at the company's discretion, and loan conditions include provisions for adjusting the amount based on redemption of capital-type products such as debt redemption or buyback upon early repayment. The impact on consolidated results for the 2026 September period is expected to be minimal.","jir_financial_highlights":"Funding Amount: 10 billion yen (Unknown)\nImplementation Date: September 25, 2026 (scheduled) (Unknown)\nTotal Early Redemption Amount: 10 billion yen (Unknown)\nConsolidated Shareholders' Equity Ratio Threshold: 42% or higher (Unknown)","jir_category":"","jir_hashtags":"#YokohamaRefrigeration, #CapitalPolicy, #SubordinatedLoan","jir_key_figures":"Funding Amount: 10 billion yen\nImplementation Date: September 25, 2026 (scheduled)\nTotal Early Redemption Amount: 10 billion yen","jir_meta_title":"[Yokohama Refrigeration] Notice of Funding through New Subordinated Loan with Special Provisions and Early Redemption\uff5cSeptember 2026","jir_meta_description":"Yokohama Refrigeration raised a new 10 billion yen subordinated loan and executed early redemption of existing loans. Scheduled implementation is September 25, with repayment 35 years later. The capital assessment is medium, with minimal expected impact.","jir_og_title":"[Yokohama Refrigeration] Notice of Funding and Early Redemption\uff5cSeptember 2026","jir_og_description":"Yokohama Refrigeration is scheduled to raise a new 10 billion yen subordinated loan and redeem existing loans early. An important announcement aimed at maintaining financial stability and improving capital efficiency.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":16988,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"capital_policy","footnotes":""},"sector":[],"importance":[],"class_list":["post-72565","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n