Sunny Side Up (TYO:2180) secured a 1.2 billion yen loan from Sumitomo Mitsui Banking Corporation to finance the acquisition of all shares in Bilcom, according to a Friday filing on the Tokyo Stock Exchange.

The loan agreement is scheduled to be concluded on Feb. 24, with repayment running from March 31, 2026, to Feb. 28, 2033. The borrowing is unsecured.

Under the agreement, the company must maintain a 100% voting rights ratio in Bilcom and keep consolidated net assets at least 75% of the previous fiscal year-end level. It must also avoid reporting ordinary losses for two consecutive consolidated periods starting from the fiscal year ending June 2026.