Loan Agreement Certification
Exhibit 10.4
Loan Agreement Certification
(1) Loan Amount | 260,000,000 JPY |
(2) Use | Long-term Working Capital |
(3) Due Date | 2022/5/31 |
(4) Repayment | The 1st repayment is on 2017/7/31. From the 2nd time, every repayment date is the last day of each month, with an installment payment of 4,400,000 JPY, and the balance will be paid off by the deadline. |
(5) Rate |
The rate consists of two parts: One is 1.41% for the amount 140,000,000 JPY, the other one is 1.91% for the amount 120,000,000 JPY |
(6) Interest Payment Method and Period | The first interest repayment is from 2017/6/30, deferred payment for the previous month on the last day of every month. |
(7) Interest Rate when Conditions are Violated |
The rate consists of two parts: One is 1.91% for the amount 140,000,000 JPY, the other one is 1.91% for the amount 120,000,000 JPY |
(8) Other Contract Terms |
June 8, 2017
Address: | 0-0-0, Xxx-Xxx, Xxxxxx-Xx, Xxxxx |
The Bank: | Japan Finance Corporation |
41-1, Senzunakacho, Xxxxxx-xx, Xxxxx, | |
Senzun Branch. | |
Manager | |
Small and medium-sized enterprise business supervisor: /s/ Xxxxx Xxxxxxxx |
Representative Director: /s/ Xxx Xxxxxxxx
Usage of the Loan
This Loan borrowed on 2017/6/8 was finance as funds used for the following business. The borrower should not divert it to others.
Type | Use | Amount |
Overseas expansion management plan | Long-term working Capital | 260,000,000 JPY |