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Home » GA technologies concludes a 400 million yen loan agreement with Chiba Bank’s “Chibagin SDGs Leaders Loan”

GA technologies concludes a 400 million yen loan agreement with Chiba Bank’s “Chibagin SDGs Leaders Loan”

GA technologies Co., Ltd.
GA technologies concludes a 400 million yen loan agreement with Chiba Bank’s “Chibagin SDGs Leaders Loan”
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[Image 1: https://prtimes.jp/i/21066/328/resize/d21066-328-5e5b474d0b9a7f655b00-0.png&s3=21066-328-2f808c0356bad6b53b16c4ac7f7a2e7a-3000×352.png] GA technologies Co., Ltd. (Head office: Minato-ku, Tokyo,
Representative Director, President and CEO: Higuchi ⿓, Securities code: 3491, hereinafter referred to as the “Company”) announced on June 26, 2024, the Chiba Bank, Ltd. We have concluded a 400 million yen loan agreement (unsecured and unguaranteed) for the “Chibagin SDGs Leaders Loan (Sustainability Linked Loan Type)” provided by Bank: Chuo Ward, Chiba City, Chiba Prefecture (President: Tsutomu Yonemoto). Ta. ◆ Purpose and background of funding
Since our founding in 2013, our corporate philosophy has been “Create a world-class company that inspires people through technology and innovation.” In accordance with this philosophy, we have continued to take on the challenge of solving the world’s problems through the power of technology and innovation and creating a better future. “RENOSY Marketplace,” an online real estate investment service brand “RENOSY,” aims to make asset building in real estate more accessible and commonplace. Through this, we are working sincerely to resolve social issues in Japan, including pension issues.
For this reason, we have not only provided services to our own customers, but also provided SaaS for real estate companies through our group companies, realizing efficient and paperless real estate transactions. We have been disclosing the number of paper reductions every year since Earth Day on April 22, 2021, and the entire GA Group has been publishing the paper reduction figures for the year from April 1, 2023 to March 31, 2024. Achieved and announced (*1) a reduction in paper usage of 14.99 million sheets.
Through these corporate activities, we are promoting initiatives that can contribute to the creation of a sustainable society.
“Chibagin SDGs Leaders Loan (Sustainability Linked Loan Type)” is provided by Chiba Bank with the purpose of supporting companies that are trying to implement SDGs management. The funds raised this time will be used to fund RENOSY’s business operations. We believe that by utilizing technology, we can contribute to the realization of a sustainable society as an environmentally friendly business model through efficient and paperless transactions. Our company will continue to further promote initiatives that contribute to solving social and environmental issues.
◆ Loan overview
[Table 2: https://prtimes.jp/data/corp/21066/table/328_1_248b91ef92daf173a1a137f1a9e15a9c.jpg] About the “Chibagin SDGs Leaders Loan” scheme (*2)
[Image 2: https://prtimes.jp/i/21066/328/resize/d21066-328-0f7aceb7e6df8b4e4cc6-1.png&s3=21066-328-2cdc7bb18a36ec8756dd441bfaf98a2d-1520×800.png ]
(*1) GA technologies Co., Ltd. “Reducing 14.99 million sheets of paper by going paperless with real estate DX (April 22, 2024)”
https://www.ga-tech.co.jp/news/bpmbxj10o6qx59cw /
(*2) Chibagin SDGs Leaders Loan “Scheme diagram of this system” https://www.chibabank.co.jp/hojin/finance/finance37/
◆ Chiba Bank Overview
Company name: Chiba Bank, Ltd.
Representative: Tsutomu Yonemoto, President and Director
URL: https://www.chibabank.co.jp/
Head office: 1-2 Chiba Minato, Chuo-ku, Chiba City, Chiba Prefecture Established: March 1943
Business content: Ordinary banking business
◆ GA Technologies Overview
Company name: GA technologies Co., Ltd.
Representative: Representative Director, President and Executive Officer, CEO Higuchi⿓
URL: https://www.ga-tech.co.jp/
Head Office: Sumitomo Fudosan Roppongi Grand Tower 40F, 3-2-1 Roppongi, Minato-ku, Tokyo
Established: March 2013
Business details:
・Development and operation of online real estate investment service brand “RENOSY”
・Development of SaaS type BtoBPropTech products
Main group companies: 21 companies including Itanji Co., Ltd., Kamui Sensan Co., Ltd., and RW OpCo, LLC
More details about this release:
https://prtimes.jp/main/html/rd/p/000000328.000021066.html