Sustainability-Linked Loans Linked to CO₂ Emissions Reduction KPIs
First written in FY2023-Q2. 1 of 3 entries say "Restated". Latest entry: FY2026-H1.
0 other companies' latest entry also says "Other".
- FY2026-H1Drawn balance of the sustainability-linked loan declinesAnnual report
「Drawn balance of syndicated sustainability-linked loan: ¥5,000 million」
The drawn balance of the sustainability-linked loan has declined from ¥10,000 million at the end of the previous fiscal year to ¥5,000 million. - FY2024-Q3RestatedAnnual report
「Drawn balance of syndicated sustainability-linked loan: ¥10,000 million」
The drawn balance of the sustainability-linked loan is reconfirmed as ¥10 billion. - FY2023-Q2First statedAnnual report
「On 29 August 2022, we entered into a ¥10,000 million syndicated sustainability-linked loan agreement with a banking syndicate arranged and agented by The Bank of Yokohama, Ltd., with The Norinchukin Bank as co-arranger. Under the agreement, the CO₂ emissions reduction rate was selected as the KPI (key performance indicator), and sustainability performance targets (hereinafter, “SPTs”) were established according to the loan tenor. If the SPTs are achieved, an interest rate reduction will be available as an incentive, and the equivalent amount of the interest benefit is planned to be used for ESG and SDGs activities. Agreement date 29 August 2022 Drawdown date 31 August 2022 Loan amount ¥10,000 million Breakdown by tenor and amount 3 years: ¥5,000 million; 5 years: ¥5,000 million Use of proceeds Working capital KPI CO₂ emissions reduction rate for Scope 1 and 2」
On 29 August 2022, the company entered into a sustainability-linked loan agreement totaling ¥10 billion, with the Scope 1 and 2 CO₂ emissions reduction rate as the KPI and SPTs established for the 3-year and 5-year loans. The equivalent amount of the interest benefit upon achievement of the SPTs is planned to be used for ESG and SDGs activities.