Komori
Toda (1860) · InitiativeAdvanced

Financing new business areas through green bonds

First written in FY2018. 4 of 7 entries say "Advanced", first in FY2019. Latest entry: FY2023.

7entries
6years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2018AdvancedFY2019SoftenedFY2020 – FY2021-Q1AdvancedFY2021 – FY20232018: 120182019: 120192020: 220202021: 120212022: 120222023: 12023
Same theme, other companies
Renewable Energy Business Financing through Green BondsA theme 7 companies write about · 0 as a headwind · 7 as a tailwind

4 other companies' latest entry also says "Advanced".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Full recordFilings, disclosures and news, newest first
  1. FY2023AdvancedAnnual report

    「As of 31 March 2023, ¥3,070 million of the net proceeds from the fourth issue of unsecured straight bonds, issued on 7 December 2018, had been allocated to the Goto City offshore wind power generation project (tentative name), and the remaining amount was allocated in April 2023.」

    Allocation of green bond proceeds to the Goto City offshore wind power generation project progressed, with plans indicating that the remaining amount would be allocated in April 2023.
  2. FY2022AdvancedAnnual report

    「As of 31 March 2022, ¥5,067 million of the proceeds from the third issue of unsecured straight bonds, issued on 8 December 2017, had been allocated to the Goto City offshore wind power generation project (tentative name).」

    The amount of green bond proceeds allocated to the Goto City offshore wind power generation project increased to ¥5.067 billion, and the deadline for allocating the remaining amount was specified as the end of November 2022.
  3. FY2021AdvancedAnnual report

    「As of 31 March 2021, ¥3,052 million of the proceeds from the third issue of unsecured straight bonds, issued on 8 December 2017, had been allocated, and the remaining amount was scheduled to be allocated by the end of March 2022. The proceeds from the fourth issue of unsecured straight bonds, issued on 7 December 2018, were scheduled to be allocated by the end of March 2023.」

    Allocation of the green bond proceeds progressed, with ¥3.052 billion from the third issue disclosed as already allocated. The deadline for allocating the remaining amount and the proceeds from the fourth issue was also specified.
  4. FY2021-Q1ReframedAnnual report

    「At a meeting of the Board of Directors held on 22 May 2020, the company adopted a blanket resolution on the issuance of unsecured straight bonds. Based on this resolution, the company plans to issue unsecured straight bonds (green bonds) as follows.」

    The use of green bond proceeds expanded from new-area and offshore wind power projects to capital expenditures for the construction of the new TODA Building. The planned total issuance amount is ¥10 billion.
  5. FY2020SoftenedAnnual report

    「The timing of the allocation is scheduled for January 2021 or later following a revision of the project schedule resulting from the enactment of laws and regulations related to the offshore wind power generation business.」

    The allocation of green bond proceeds to floating offshore wind power facilities was postponed from the original deadline of the end of December 2020 to January 2021 or later, and for another issuance, to April 2021 or later.
  6. FY2019AdvancedAnnual report

    「In December 2018, the company issued a green bond for individual investors and raised ¥5 billion to fund future business activities.」

    In addition to the existing green bond, the company issued a green bond for individual investors in December 2018 and raised ¥5 billion in business funding.
  7. FY2018First statedAnnual report

    「In December 2017, the company issued the Toda Construction Green Bond and raised ¥10 billion to fund future business development.」

    The company issued the first green bond by a domestic operating company for a core business project, raising ¥10 billion to fund businesses that contribute to solving environmental issues.
Moved together

"Emphasis on ROE and Accelerated Growth Investment in Phase II" moved the same way as this thread, in the same document, in 4 of its 7 moves.

444433★123456
  1. ★This thread
  2. 1Emphasis on ROE and Accelerated Growth Investment in Phase II4×
  3. 2Construction and business process reforms aimed at becoming No. 1 in productivity4×
  4. 3Expansion into growth areas through investment and development4×
  5. 4Technology Research and Development and External Collaboration4×
  6. 5Upfront R&D losses in floating offshore wind power generation3×
  7. 6Group-Wide Compliance and Risk Management3×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for Toda yet.
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.