Komori
Business alliance6699DIAMOND ELECTRIC HOLDINGS Co.,Ltd.Electrical Equipment and Precision Instruments

Execution of a Sustainability-Linked Loan Agreement with The Chugoku Bank, Ltd.

Entered into a loan agreement with The Chugoku Bank, Ltd. for a sustainability-linked loan under which the interest rate varies depending on progress toward environmental targets. The loan amount is ¥100 million, and targets for net CO2 emissions will be established for each fiscal year from fiscal 2026 through fiscal 2029.

Worth reading
12Immaterial
Scored from 1 of 5 sections
Direction
Neutral
Direction inferred from the company’s description.
Scale
100
¥ million
Wording
Definitive
How definitive the wording is.

Agreements reached under this partnership

6699DIAMOND ELECTRIC HOLDINGS Co.,Ltd.
Alliance partnerThe Chugoku Bank, Ltd.
Numerical targets under the alliance

Specific Sustainability Performance Targets (SPTs) concerning annual net CO2 emissions will be established for each fiscal year from fiscal 2026 through fiscal 2029.

Contract DateThe execution of the agreement was announced in a release dated 29 May 2026. The agreement execution date itself is Not disclosedContract PeriodLoan term: 5 years
Agreements reached under this partnership
ItemDetails
Name of alliance partnerThe Chugoku Bank, Ltd.
Contract PeriodLoan term: 5 years
Numerical targets under the allianceSpecific Sustainability Performance Targets (SPTs) concerning annual net CO2 emissions will be established for each fiscal year from fiscal 2026 through fiscal 2029.
Contract DateThe execution of the agreement was announced in a release dated 29 May 2026. The agreement execution date itself is Not disclosed
Items this document does not state (19)
Alliance partner's business activitiesAlliance partner's locationAlliance partner's capitalAlliance partner's net salesAlliance partner's operating incomeType of allianceDetails of the allianceNumber of shares acquiredAcquisition priceShareholding ratioOverview of the joint ventureOwnership ratioDispatch of directors and officersShareholding PolicyDate of board resolutionAlliance start dateShare Acquisition Date and Payment DateImpact on Business PerformanceChange in major shareholders

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.

To contribute to achieving decarbonization by meeting targets related to the SDGs and ESG, and to introduce sustainable finance at a lower cost.

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Execution of a Sustainability-Linked Loan Agreement with The Chugoku Bank, Ltd. | DIAMOND ELECTRIC HOLDINGS Co.,Ltd. (6699) timely disclosure | Komori