Tri Chemical Laboratories secures ¥10 bn for plant and operations

Tri Chemical Laboratories Inc. announced on September 12, 2025, the execution of two key financing agreements totaling ¥10 billion. The first is a syndicated term-loan agreement, providing ¥5 billion for the construction of a new plant in Minami-Alps City, Yamanashi Prefecture, as previously disclosed on April 18, 2025. This loan features a commitment period from September 30, 2025, to January 31, 2027, and a term-loan period extending to January 30, 2032.

The second agreement is a syndicated commitment-line with a term-out option, also for ¥5 billion, aimed at securing flexible and stable financing for future growth, working capital, and business expansion. Its commitment period runs from September 30, 2025, to September 29, 2028, with a term-loan period from September 29, 2028, to July 29, 2033. Both agreements have interest rates based on a base rate plus a spread and are scheduled for execution on September 25, 2025, with no collateral or guarantor required.

The Yamanashi Chuo Bank, Ltd., MUFG Bank, Ltd., and Mizuho Bank, Ltd. are participating financial institutions, with The Yamanashi Chuo Bank, Ltd. and MUFG Bank, Ltd. acting as arrangers and co-arrangers for the respective agreements. Tri Chemical Laboratories anticipates a minimal impact on its current fiscal year performance from these financing activities.