Japan Excellent, Inc. (JP:8987) has released an update.
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Japan Excellent, Inc. has announced an early repayment of 2.0 billion yen in short-term borrowing set for July 31, 2024, using proceeds from the sale of the JEI Hongo Building. This repayment will reduce their total interest-bearing debt from 138.6 billion to 136.6 billion yen. The company confirms there are no changes to the investment risks previously reported.
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