[親子ローン概要 Loan Summary]
運用 Use of Fund | 調達 Source of Fund | 単位Unit:百万USD Million USD
土地 Land | 1.0 | 資本金 Capital | 5.0 | (Done)
倉庫 Factory/Warehouse | 6.4 | 親子ローンLong-term Loan | 3.0 | (Done)
その他 Other | 1.4 | 親子ローンLong-term Loan | 0.8 | (To be applied)
運転資金 Working Fund* | 0.0
8.8 | 8.8
*今後検討 To be considered later
【借入詳細 Summary of Parent Loan】
借入極度金額 Loan Limit：Up to USD800,000.00
借入形式Disbursement：一括実行 Disburse at one time
借入期間 Term：2026年7月～2031年6月末まで。From Jul/2026 to the end of Jun/2031
返済方法 Repayment：期日に一括返済 Bullet payment at Loan Maturity Date
借入レートInterest Rate：ベースレート+0.25%（日華グループローンに適用するスプレッド）の固定金利（金利計算を簡素化する為）Base-rate+0.25%, Fixed Rate
その他Other：NBDのC/Fの状況に応じて繰り上げ返済も可能とする Depending on Casf Flow of NBD, pre-paytment is allowed
[返済計画 Repayment Plan]
単位Unit:USD
2025(Unaudit) | 2026(Budget) | 2027(Budget) | 2028(Budget) | 2029(Budget) | 2030(Budget) | 2031(Budget)
売上Sales | 0 | 0 | 6,044,296 | 8,622,389 | 9,053,508 | 9,506,184 | 9,981,493
売上原価Cost of Goods | 0 | 0 | 4,347,965 | 6,230,664 | 6,545,687 | 6,872,971 | 7,216,619
（限界利益率Marginal Profit） | - | - | 28.1% | 27.7% | 27.7% | 27.7% | 27.7%
内、減価償却費Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0
粗利Gross Profit | 0 | 0 | 1,696,331 | 2,391,725 | 2,507,822 | 2,633,213 | 2,764,874
（粗利率Gross Profit Rate） | - | - | 28.1% | 27.7% | 27.7% | 27.7% | 27.7%
販売管理費SGA | 104,973 | 108,937 | 2,001,926 | 2,399,916 | 2,516,875 | 2,642,719 | 2,774,855
（販管費率SGA Ratio） | - | - | 33.1% | 27.8% | 27.8% | 27.8% | 27.8%
内、減価償却費 Depreciation | 21,831 | 21,831 | 363,826 | 366,521 | 366,521 | 366,521 | 366,521
営業利益 Operationg Profit | ▲ 104,973 | ▲ 108,937 | ▲ 305,595 | ▲ 8,191 | ▲ 9,054 | ▲ 9,506 | ▲ 9,981
（営業利益率Operating Profit Ratio） | - | - | -5.1% | -0.1% | -0.1% | -0.1% | -0.1%
営業外利益 Other Profit | 151,411 | 0 | 479,103 | 423,907 | 443,622 | 465,803 | 489,093
営業外利益率 Other Profit Ratio | - | - | 7.9% | 4.9% | 4.9% | 4.9% | 4.9%
税前利益 Profit before Tax | ▲ 104,973 | ▲ 108,937 | 173,508 | 415,716 | 434,568 | 456,297 | 479,112
（税前利益率Profit before Tax Ratio） | - | - | 2.9% | 4.8% | 4.8% | 4.8% | 4.8%
法人税Corporate Tax | 0 | 0 | 301,105 | 364,649 | 380,247 | 399,260 | 419,223
法人税率Corporate Tax Rate | 0 | 0 | 5.0% | 4.2% | 4.2% | 4.2% | 4.2%
税後利益 Profit after Tax | ▲ 104,973 | ▲ 108,937 | ▲ 127,597 | 51,067 | 54,321 | 57,037 | 59,889
税後利益Profit+減価償却費Depreciation単年per year | ▲ 83,142 | ▲ 87,106 | 236,229 | 417,588 | 420,842 | 423,558 | 426,410
税後利益Profit+減価償却費Depreciation累積Accumulation(a) | 0 | 0 | 236,229 | 653,817 | 1,074,659 | 1,498,217 | 1,924,627
借入実行金額Disbursement | 0 | 800,000 | 0 | 0 | 0 | 0 | 0
返済金額Repayment(b) | 0 | 0 | 0 | 0 | 0 | 0 | 800,000
借入金額（末残）Loan Balance | 0 | 800,000 | 800,000 | 800,000 | 800,000 | 800,000 | 0
借入返済余力Repayment Ability(a)-(b) | - | - | - | - | - | - | 1,124,627
純資産Networth | 7,686,771 | 7,577,834 | 7,450,237 | 7,501,304 | 7,555,625 | 7,612,662 | 7,672,551
買掛金A/P | 0 | 0 | 1,007,383 | 1,437,065 | 1,508,918 | 1,584,364 | 1,663,582
負債合計Liability+純資産Networth | 7,686,771 | 8,377,834 | 9,257,620 | 9,738,369 | 9,864,543 | 9,997,026 | 9,336,133
D/E ratio | 100.0% | 90.5% | 80.5% | 77.0% | 76.6% | 76.1% | 82.2% | (>30%)
[申請書類 Necessary Documents]
【申請書類】
1)プロジェクト実行の可能性と親子ローンの資金使途の説明
2)将来的な収入金額と借入の割合
3)製品の価格競争力（国内市場及び海外市場における）
4)バングラデシュにおける当該市場の既存生産と、原価/費用を勘案した本件生産の総キャパシティーと国内/海外の需要との比較
5)バングラデシュの銀行によるNBDの借入状況に関する証明書
6)Appendix 6-1に規定された書類
7)その他BEZA及び中央銀行から提出要求があった書類
[価格競争NICCA Price Competitiveness]
Price Competitiveness | NICCA | USD/kg | Archroma | USD/kg | Huntsman | USD/kg | Rudolf | USD/kg | CHT | USD/kg
Scouring agent/Detergent | PITCHRUN L-2 | 2.5 | KIERALON CDP | 2.98 | ULTRAVON RW | 3.86 | RUCOGEN WBL NEW | 2.79 | FELOSAN NOF | 3.66
Chelating agent | NEOCRYSATAL 150 | 1.95 | SIRRIX NE LIQ | 2.2 | INVATEX CS | 2.02 | VEROLAN NBA | 2.18
Leveling agent | NEOCRYSATAL BD-2000 | 1.65 | DRIMAGEN E3R | 1.73 | ALBATEX DBC | 2.1 | SARABID MIP | 2.11
Fixing agent | NEOFIX RP-5600 | 3.8 | OPTIFIX EC | 3.8 | ALBAFIX ECO | 4.95
Softening agent | POLYSOFTER AQ-09 | 1.33 | SAPAMINE KL NEW | 2.21
As shown above, NICCA has been price-competitive in terms of textile auxiliary chemicals which are most sold in Bangladesh Market.
Tose price as above is sourced from the data via TENDATA which is import cutoms data for last 3 years, because at the moment, there is no production in Bagladesh.
For example;