Net One : Notice regarding the conclusion of a committed credit line agreement
March 28, 2024 at 03:04 am EDT
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Notice: This document is a translation of the original Japanese document and is only for reference purposes. In the event of any discrepancy between this translated document and the original Japanese document, the latter shall prevail.
March 26, 2024
To whom it may concern:
Net One Systems Co., Ltd. (Stock Code: 7518, TSE Prime)
Notice regarding the conclusion of a committed credit line agreement
Net One Systems Co., Ltd. (the "Company") hereby announces its March 26, 2024 conclusion of a committed credit line agreement, as outlined below.
1. Purpose of committed credit line agreement
The Company has concluded a committed credit line agreement to ensure appropriate response to funding needs associated with future business development while securing flexible and stable means of financing and further strengthening its financial base.
2. Overview of committed credit line agreement
(1)Contract type
Syndicated committed credit line agreement
(2)Loan amount
¥15 billion
(3)Execution date
March 26, 2024
(4)Commitment period
March 29, 2024-March 31, 2027
(5)Arranger
Co-arranger
Participating financial institutions
MUFG Bank, Ltd.
Mizuho Bank, Ltd.
Sumitomo Mitsui Banking Corporation; Sumitomo Mitsui Trust Bank, Limited; The Bank of Kyoto, Ltd.; The Tokyo Star Bank, Limited; and The Hyakujushi Bank, Ltd.
(6)Collateral
Unsecured and unguaranteed
3. Future outlook
The Company projects that this agreement will have only negligible impact on its financial results for the fiscal year ending March 31, 2024.
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Net One Systems Co.,Ltd. is a Japan-based company engaged in the system construction of information and communications technology (ICT) and related services. The Company operates in four segments. The ENT segment offers products and services to general private companies. The SP segment offers products and services to telecommunication companies. The PUB segment offers products and services to central ministries, municipalities and companies providing social infrastructure. The Partner segment offers specialized products and services in collaboration with partner companies. Other businesses include server services and others. The Company has two product groups, the equipment product group which is engaged in purchasing and sales of networks and platforms for ICT systems as well as service product group which provides support and services on equipment and systems.
NET ONE SYSTEMS CO., LTD. 
