Announced details
Funding for marketing and infrastructure investments; asset management product for individual investors
As of the end of March 2026, the company had 1.82 million customers and a 32% share of the water dispenser industry. The previous retail bond sold out on the first day of the offering.
Japan’s largest online full-service brokerage. It will conduct the offering and sale of these bonds as sole underwriter. Other information regarding its location, representative, capital and year of establishment is Not disclosed.
Assigned ratings: BBB+ (Rating and Investment Information, Inc.) and BBB+ (Japan Credit Rating Agency, Ltd.). Registration number and validity period are Not disclosed.
8 water sources nationwide (locations are Not disclosed)
Total issue amount: ¥4 billion
¥100 per ¥100 of each bond’s face amount. The face amount of each bond is ¥100,000, and the annual interest rate is 3.66%.
The company does not address Impact on Business Performance.
Rating and Investment Information, Inc. and Japan Credit Rating Agency, Ltd. (assigned ratings)
Sole underwriter and lead managing securities company for these bonds
| Item | Details |
|---|---|
| Names of Products / Services Covered | Retail bond “Premium W Bond” / 13th Series Unsecured Bonds (with a limited pari passu clause among bonds) |
| Counterparty | 株式会社ＳＢＩ証券 |
| Counterparty overview | Japan’s largest online full-service brokerage. It will conduct the offering and sale of these bonds as sole underwriter. Other information regarding its location, representative, capital and year of establishment is Not disclosed. |
| Relationship with counterparty | Sole underwriter and lead managing securities company for these bonds |
| Contract Value | Total issue amount: ¥4 billion |
| Offering price | ¥100 per ¥100 of each bond’s face amount. The face amount of each bond is ¥100,000, and the annual interest rate is 3.66%. |
| Launch date | The offering period is scheduled to run from 4 June 2026 to 17 June 2026, and the payment date is 18 June 2026. |
| Applicable area | Funding for marketing and infrastructure investments; asset management product for individual investors |
| Registration number and expiry date | Assigned ratings: BBB+ (Rating and Investment Information, Inc.) and BBB+ (Japan Credit Rating Agency, Ltd.). Registration number and validity period are Not disclosed. |
| Location | 8 water sources nationwide (locations are Not disclosed) |
| Location scale | 8 water sources nationwide |
| Usage history | As of the end of March 2026, the company had 1.82 million customers and a 32% share of the water dispenser industry. The previous retail bond sold out on the first day of the offering. |
| Source | Rating and Investment Information, Inc. and Japan Credit Rating Agency, Ltd. (assigned ratings) |
Items this document does not state (5)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.The funds will be raised to steadily carry out marketing and infrastructure investments and support business growth. The offering is also intended to help individual investors understand the business and create new stakeholders.