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Other Disclosures5991NHK SPRING CO.,LTD.Construction and Materials

NHK Spring decides to invest in Gunma Prefecture green bonds

NHK Spring has decided to invest in 10-year green bonds issued by Gunma Prefecture. The bonds are scheduled to be issued on 17 July 2026, and the proceeds are expected to be used for energy conservation, environmental improvements, biodiversity conservation, and flood and landslide disaster prevention measures, among other purposes.

Worth reading
68In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Neutral
Direction inferred from the company’s description.
Scale
100
¥100 million (issue amount of Gunma Prefecture public offering bonds)
Wording
Conditional
How definitive the wording is.

Announced details

Gunma Prefecture Public Offering Bonds (10-year green bond), 4th issue
Applicable field (uses covered by this announcement)

Energy efficiency improvements at prefectural facilities; environmental improvements in areas including Oze National Park; forest road development; development of buffer zones within river channels; flood damage prevention measures such as river improvements and pond development; development of landslide disaster prevention facilities; and promotion of utility pole removal.

Launch date17 July 2026 (scheduled issue date)
Contract Date9 July 2026 (the announcement date of the investment decision; the contract date is not disclosed)
Relationship between the counterparty and the company
NHK SPRING CO.,LTD.5991
Relationship with the Company

NHK Spring’s group has major seat business facilities in Gunma Prefecture. Approximately 1,000 employees of the group in Japan work there.

CounterpartyGunma Prefecture

The headquarters location, representative, capital, year of establishment and other information are not disclosed. Gunma Prefecture is a local government that has established a Sustainability Bond Framework to promote the development of a decarbonized society and environmental conservation initiatives.

Location (as indicated in this announcement)

Gunma Prefecture (major seat business facilities of NHK Spring’s group)

Approximately 1,000 people, equivalent to approximately 10% of the group’s employees in Japan
Impact on Business Performance

The impact on business performance is Not disclosed

The company does not address Contract Value / Offering price.

Source (materials cited by the company)

Green Bond Principles and Gunma Prefecture’s Sustainability Bond Framework

Announced details
ItemDetails
Names of Products / Services CoveredGunma Prefecture Public Offering Bonds (10-year green bond), 4th issue
CounterpartyGunma Prefecture
Counterparty overviewThe headquarters location, representative, capital, year of establishment and other information are not disclosed. Gunma Prefecture is a local government that has established a Sustainability Bond Framework to promote the development of a decarbonized society and environmental conservation initiatives.
Relationship with the CompanyNHK Spring’s group has major seat business facilities in Gunma Prefecture. Approximately 1,000 employees of the group in Japan work there.
Contract Date9 July 2026 (the announcement date of the investment decision; the contract date is not disclosed)
Launch date17 July 2026 (scheduled issue date)
Applicable areaEnergy efficiency improvements at prefectural facilities; environmental improvements in areas including Oze National Park; forest road development; development of buffer zones within river channels; flood damage prevention measures such as river improvements and pond development; development of landslide disaster prevention facilities; and promotion of utility pole removal.
LocationGunma Prefecture (major seat business facilities of NHK Spring’s group)
Location scaleApproximately 1,000 people, equivalent to approximately 10% of the group’s employees in Japan
Impact on Business PerformanceThe impact on business performance is Not disclosed
SourceGreen Bond Principles and Gunma Prefecture’s Sustainability Bond Framework
Items this document does not state (7)
Contract ValueOffering priceAward/certification nameAwarding / certifying bodyRegistration number and expiry dateQuantitative EffectsUsage history

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.

NHK Spring has major seat business facilities in Gunma Prefecture, and investment in areas such as improving the natural environment and preventing flood damage is expected to create synergies with efforts to support Gunma Prefecture’s sustainability and local communities.

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NHK Spring decides to invest in Gunma Prefecture green bonds | NHK SPRING CO.,LTD. (5991) timely disclosure | Komori