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Medley Secures ¥5 Billion in Unsecured Loans for Working Capital and Share Buybacks

Story Highlights
  • Medley will borrow ¥5 billion via five-year unsecured loans from major Japanese banks for long-term funding needs.
  • The funds will support working capital and treasury share acquisition, with no major impact expected on this year’s results.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Medley Secures ¥5 Billion in Unsecured Loans for Working Capital and Share Buybacks

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Medley ( (JP:4480) ) just unveiled an update.

Medley, Inc. has resolved at its board meeting to secure a total of ¥5 billion in new financing through unsecured loans from Mizuho Bank and Sumitomo Mitsui Banking Corporation, with a five-year term and equal principal repayment structure. The funds will be used for long-term working capital and the acquisition of treasury shares, a move that may support capital efficiency and shareholder value, while the company expects no significant impact on its current fiscal year consolidated results but has committed to further disclosure if the outlook changes materially.

The most recent analyst rating on (JP:4480) stock is a Hold with a Yen2772.00 price target. To see the full list of analyst forecasts on Medley stock, see the JP:4480 Stock Forecast page.

More about Medley

Medley, Inc. is a Japan-based company listed on the Tokyo Stock Exchange Prime Market that operates in the digital and technology-driven healthcare and human resources fields, providing online medical-related services and platforms to medical institutions, patients, and healthcare professionals in the domestic market.

Average Trading Volume: 327,642

Technical Sentiment Signal: Sell

Current Market Cap: Yen82.46B

For a thorough assessment of 4480 stock, go to TipRanks’ Stock Analysis page.

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