Execution of Loan with Principal Exemption Clause in case of Earthquake Disaster (Eiwa Densetsu Co., Ltd.)
Chugoku Bank has executed a 100 million yen 'Loan with Principal Exemption Clause in case of Earthquake Disaster' for Eiwa Densetsu Co., Ltd. The loan principal will be exempted by 100% or 50% if an earthquake of intensity 6-upper or higher occurs at a specified location.
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- 📰 Published: April 4, 2026 at 00:10
- 🔍 Collected: April 3, 2026 at 17:09
- 🤖 AI Analyzed: April 21, 2026 at 03:17 (418h 7m after Collected)
The Chugoku Bank (Okayama City, President Sadanori Kato) announced the execution of a "Loan with Principal Exemption Clause in case of Earthquake Disaster (*)" for Eiwa Densetsu Co., Ltd.
[Overview of the Introducing Company and the Loan with Principal Exemption Clause in case of Earthquake Disaster]
Company Name: Eiwa Densetsu Co., Ltd.
Location: 1-3-4 Myojin-cho, Fukuyama City, Hiroshima Prefecture
Representative: Tomoaki Murakami
Industry: Electrical Equipment Construction
Loan Amount: 100 million yen
Execution Date: March 31, 2026
Seismic Observation Point: Nishi-Shinjuku, Shinjuku-ku, Tokyo
Comment: Since our establishment in 1998, we have expanded our business widely, starting from indoor wiring work for electricity and telecommunications, to air conditioning equipment work such as air conditioners and ventilation fans, and further to the design, construction, and maintenance of solar power generation systems and electrification remodeling. In addition, we have been working on the design and installation of solar power generation facilities and solar power generation business ahead of the region. Considering the recent series of natural disasters caused by extreme weather, we aim to further strengthen our business continuity through this BCP measure and will continue to contribute to the sustainable development of society.
(*) About "Loan with Principal Exemption Clause in case of Earthquake Disaster"
Use of Funds: In principle, working capital
Loan Amount: Determined by the bank's examination
Loan Period: Up to 3 years
Loan Interest Rate: The bank's prescribed interest rate (fixed/variable)
Repayment Method: Lump-sum repayment at maturity
Seismic Observation Point: Selected from seismic observation points published by the Japan Meteorological Agency that are relevant to the customer's business, such as headquarters, branches, and factories.
Features:
- A loan product with a special clause that exempts 100% or 50% of the borrowed principal if a large-scale earthquake (seismic intensity 6 upper or higher) occurs at a predetermined observation point.
- Regardless of the presence or absence of damage caused by the disaster, the principal can be exempted if an earthquake with a seismic intensity of 6 upper or higher occurs at the seismic observation point, making it possible to use it as a countermeasure against earthquake disaster risks.
[Overview of the Introducing Company and the Loan with Principal Exemption Clause in case of Earthquake Disaster]
Company Name: Eiwa Densetsu Co., Ltd.
Location: 1-3-4 Myojin-cho, Fukuyama City, Hiroshima Prefecture
Representative: Tomoaki Murakami
Industry: Electrical Equipment Construction
Loan Amount: 100 million yen
Execution Date: March 31, 2026
Seismic Observation Point: Nishi-Shinjuku, Shinjuku-ku, Tokyo
Comment: Since our establishment in 1998, we have expanded our business widely, starting from indoor wiring work for electricity and telecommunications, to air conditioning equipment work such as air conditioners and ventilation fans, and further to the design, construction, and maintenance of solar power generation systems and electrification remodeling. In addition, we have been working on the design and installation of solar power generation facilities and solar power generation business ahead of the region. Considering the recent series of natural disasters caused by extreme weather, we aim to further strengthen our business continuity through this BCP measure and will continue to contribute to the sustainable development of society.
(*) About "Loan with Principal Exemption Clause in case of Earthquake Disaster"
Use of Funds: In principle, working capital
Loan Amount: Determined by the bank's examination
Loan Period: Up to 3 years
Loan Interest Rate: The bank's prescribed interest rate (fixed/variable)
Repayment Method: Lump-sum repayment at maturity
Seismic Observation Point: Selected from seismic observation points published by the Japan Meteorological Agency that are relevant to the customer's business, such as headquarters, branches, and factories.
Features:
- A loan product with a special clause that exempts 100% or 50% of the borrowed principal if a large-scale earthquake (seismic intensity 6 upper or higher) occurs at a predetermined observation point.
- Regardless of the presence or absence of damage caused by the disaster, the principal can be exempted if an earthquake with a seismic intensity of 6 upper or higher occurs at the seismic observation point, making it possible to use it as a countermeasure against earthquake disaster risks.