* Says it plans to merge with a wholly owned subsidiary
Istyle Beauty Solutions Inc.
* Says it takes out a 1-yr term loan of 2.1 billion yen on
April 13, to fund acquisition
* Says it will take out a loan of 2,100 million yen from The
Bank of Tokyo-Mitsubishi UFJ Ltd, with interest of one month
TIBOR (Tokyo Inter Bank Offered Rate) +0.20 percent