Note: This document has been translated from the Japanese original for reference purposes only. In the event of any discrepancy between this translation and the Japanese original, the original shall prevail.
July 27, 2022
To whom it May concern
Company name: JMDC inc.
Representative: Yosuke Matsushima,
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President and CEO |
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(TSE Main Market, stock code: 4483) |
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Contact: |
Yuta Yamamoto, |
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Vice President and Chief Financial Officer |
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(Email: [email protected]) |
Notice regarding the borrowing of funds
JMDC Inc. (the “Company”) announces that at the meeting of the Board of Directors held on July 27, 2022, its Board of Directors decided to borrow funds as described below.
1. Reasons for borrowing funds
The Company, as part of its corporate philosophy “A healthy and rich life for all”, aims to
achieve building a sustainable healthcare system through our commitment to solving current challenges in the medical field, such as rising medical expenses and regional disparities in medical services, by leveraging the power of data and ICT .
To achieve our objective, the Company has been actively involved in business development activities, including mergers and acquisitions. Last year, the Company acquired shares of ICM CO., LTD. and Antaa, Inc. In addition, during the current fiscal year, the Company has successfully completed several merger and acquisition transactions, such as the acquisition of shares of ClinCloud Ltd., Imepro Inc. and Real World Data Co., Ltd. For details on the acquisition of shares of Real World Data Co., Ltd., please refer to the “Notice of Acquisition of Shares in Real World Data (to Make It JMDC Subsidiary)” announced on July 12 and the “Advanced Disclosure Matters) Notice of Additional Acquisition of Shares in Real World Data” announced on July 20. The Company will borrow funds from financial institutions for the purpose of using the funds to acquire shares of Real World Data Co., Ltd. and to supplement the funds already provided for several acquisitions made for Date.
2. Overview of the loan
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(1) |
Lender |
Mizuho Bank, Ltd. |
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(2) |
Amount borrowed |
19,330 million yen |
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(3) |
Interest rate |
Floating interest rate |
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(4) |
Date of execution of the loan |
July 28, 2022 (expected) |
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(5) |
Borrowing period |
1 (one) year |
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(6) |
Security/Warranty |
No deposit, no guarantee |
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Note: This document has been translated from the Japanese original for reference purposes only. In the event of any discrepancy between this translation and the Japanese original, the original shall prevail.
3. Future prospects
The impact of this loan on the consolidated financial results for the year ended
March 2023 should be insignificant. The Company will promptly notify when timely disclosure becomes necessary.
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