Net One Systems Co., Ltd. announced its March 26, 2024 conclusion of a committed credit line agreement, as outlined below. 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. Contract type is Syndicated committed credit line agreement.

Loan amount is ¥15 billion. Execution date is March 26, 2024. Commitment period is March 29, 2024-March 31, 2027.

Arranger is MUFG Bank, Ltd. Co-arranger is Mizuho Bank, Ltd. Sumitomo Mitsui Banking Corporation; Sumitomo Mitsui Trust Participating financial Bank, Limited; The Bank of Kyoto, Ltd.; The Tokyo Star Bank, institutions Limited; and The Hyakujushi Bank, Ltd. Collateral is Unsecured and unguaranteed. The Company projects that this agreement will have only negligible impact on its financial results for the fiscal year ending March 31, 2024.