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Nidec (6594) · InitiativePartial redemption of green bonds

Green Bond Financing for Investment in Traction Motors for Electric Vehicles

First written in FY2020-Q2. 2 of 5 entries say "Advanced", first in FY2020-Q3. Latest entry: FY2023-Q3.

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ProgressHeldSoftenedWorseAdvancedFY2020-Q3 – FY2021RestatedFY2022 – FY2023-Q32019: 120192020: 120202021: 120212022: 120222023: 1
Same theme, other companies
Financing through social bonds and other bonds with social and environmental objectivesA theme 46 companies write about · 0 as a headwind · 48 as a tailwind

0 other companies' latest entry also says "Other".

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Showing 14 of the 46 companies compared. The sentences above are computed from all 46.
Full recordFilings, disclosures and news, newest first
  1. FY2023-Q3Partial redemption of green bondsAnnual report

    「Nidec Corporation 9th Unsecured Corporate Bond (Green Bond) 28 November 2019 50,000 0.020 28 November 2022」

    The company redeemed the ¥5 billion green bond funding the manufacture of EV traction motors on 28 November 2022.
  2. FY2022RestatedAnnual report

    「9th Unsecured Corporate Bond (Green Bond) November 2019 ¥50 billion Manufacture of traction motors for electric vehicles」

    The company continues to use green bonds funding the manufacture of EV traction motors as a foundation for raising funds.
  3. FY2021AdvancedAnnual report

    「Euro-denominated unsecured straight bonds (green bonds) March 2021 €500 million March 2026 Manufacture of traction motors for electric vehicles」

    The company issued €500 million in green bonds in March 2021 to fund EV traction motors and continued raising funds.
  4. FY2020-Q3AdvancedAnnual report

    「Nidec Corporation 9th Unsecured Corporate Bond (Green Bond) 28 November 2019 50,000 0.020 28 November 2022 Nidec Corporation 10th Unsecured Corporate Bond (Green Bond) 28 November 2019 30,000 0.090 28 November 2024 Nidec Corporation 11th Unsecured Corporate Bond (Green Bond) 28 November 2019 20,000 0.150 27 November 2026」

    The company issued a total of ¥100 billion in green bonds to fund capital investment and research and development expenses for EV traction motors, progressing from the planning stage to actual financing.
  5. FY2020-Q2First statedAnnual report

    「The company resolved to issue unsecured straight domestic bonds (green bonds). 1. Total issue amount: up to ¥100 billion. 4. Scheduled issue period: 9 November 2019 to 31 December 2019. 5. Maturity: within 7 years. 7. Use of proceeds: capital investment and research and development expenses related to the manufacture of traction motors for electric vehicles.」

    The company resolved to issue green bonds to fund capital investment and research and development expenses for EV traction motors, with a maximum issue amount of ¥100 billion, a maturity of no more than 7 years, and issuance planned for 2019.
Moved together

"Improvement in Profit Margins and Operating Profit Through Cost Improvements" moved the same way as this thread, in the same document, in 2 of its 5 moves.

22222★12345
  1. ★This thread
  2. 1Improvement in Profit Margins and Operating Profit Through Cost Improvements2×
  3. 2Funding and Liquidity Supporting Capital Expenditure and M&A2×
  4. 3Expanding products, technologies and customer bases through M&A2×
  5. 4Developing New Markets Through Modular Products and Solution Offerings2×
  6. 5Building an automotive systems business through the acquisition of Omron Automotive Electronics2×

★ 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.

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Green Bond Financing for Investment in Traction Motors for Electric Vehicles | NIDEC CORPORATION (6594) | Komori