GMO Financial secures JPY 10bn loan for expansion

GMO Financial Holdings (TSE: 7177) announced today it has secured a JPY 10 billion loan from Mizuho Bank, aimed at ensuring stable funding for future expansion initiatives. The agreement, finalized on June 24, 2025, includes financial covenants that require GMO Financial to maintain a net asset value of at least 75% of the previous year's value and to remain profitable on a consolidated basis, starting with the fiscal year ending December 2025. Additionally, the company must maintain a minimum consolidated cash and deposit balance of JPY 22.5 billion from the second quarter of the fiscal year ending December 2025 onwards. The loan, which is unsecured, has a repayment deadline of June 30, 2028. GMO Financial anticipates the agreement will have a negligible impact on its consolidated financial performance.