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Mitsuba Corporation ( (JP:7280) ) has provided an update.
Mitsuba Corporation has announced the conclusion of a syndicated term loan agreement to refinance existing borrowings, amounting to 36,388 million yen, with a repayment deadline set for March 31, 2031. The agreement includes financial covenants to maintain equity levels and avoid consecutive fiscal losses, with minimal impact expected on the company’s financial results for the fiscal year ending March 2026.
More about Mitsuba Corporation
Mitsuba Corporation operates in the automotive industry, focusing on the production of electrical components and systems for vehicles. The company is listed on the Prime Market of the Tokyo Stock Exchange and is known for its innovative solutions in the automotive sector.
Average Trading Volume: 88,101
Technical Sentiment Signal: Buy
Current Market Cap: Yen39.39B
Learn more about 7280 stock on TipRanks’ Stock Analysis page.