FilingReader Intelligence

Pixel Companyz secures JPY 30m loan for operations

April 17, 2025 at 12:05 PM UTCBy FilingReader AI

Pixel Companyz announced today that its board of directors has approved a new loan agreement to secure JPY 30 million to support the company's operational needs. The loan, finalized on April 17, 2025, carries an annual interest rate of 15.00% and is scheduled for drawdown on April 18, 2025. The loan must be repaid in full by May 16, 2025. The loan is guaranteed by Representative Director Yuusuke Yaoita. While the specific lender remains undisclosed due to confidentiality, Pixel Companyz clarified they do not have any capital or personnel relationship with the lender, however a business contract is in place. The company anticipates the loan will result in increased interest expense, impacting its consolidated financial results for the fiscal year ending December 2025.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

TSE:2743Tokyo Stock Exchange

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