Nisshin Oillio secures JPY25 bn syndicated loan with financial covenants

The Nisshin Oillio Group announced on September 25, 2025, the execution of a JPY25 billion syndicated term loan agreement with financial covenants. This agreement, aimed at financing capital investments and other strategic initiatives, is a key component of the company's "Value UpX" medium-term management plan, which focuses on sustainable growth and maintaining financial soundness.

The loan comprises three tranches: Tranche A of JPY6,000 million, Tranche B of JPY9,800 million, and Tranche C of JPY9,200 million. Repayment for Tranche A is due on September 30, 2031, while Tranches B and C are both due on September 28, 2035. No collateral is provided for this agreement.

The financial covenants attached to the loan require Nisshin Oillio to maintain net assets at each fiscal year-end at 75% or more of the higher of the previous fiscal year-end or March 2025 net asset levels. Additionally, the ratio of total assets to total net assets must not exceed 3 at each fiscal year-end, and the company must avoid ordinary losses for two consecutive periods in its consolidated income statements.