Issuance of ¥10 billion First Series Unsecured Perpetual Bonds with an Optional Redemption Provision
First written in FY2024-Q3. 2 of 3 entries say "Advanced", first in FY2025. Latest entry: FY2026-H1.
11 other companies' latest entry also says "Advanced".
- FY2026-H1AdvancedAnnual report
「Proceeds from the issuance of subordinated bonds 10,000」
During the interim consolidated accounting period, the Bank recorded ¥10 billion in proceeds from the issuance of subordinated bonds, increasing the balance of subordinated bonds from ¥40 billion to ¥50 billion. - FY2025AdvancedAnnual report
「Cash flows from financing activities were negative ¥32.2 billion during the period, due mainly to dividend payments and expenditures for the acquisition of treasury shares, compared with negative ¥15.9 billion during the previous fiscal year.」
During the fiscal year, the Bank issued ¥10 billion of subordinated bonds while redeeming ¥20 billion. This indicates that the Bank proceeded with the issuance and redemption of existing capital instruments. - FY2024-Q3AchievedAnnual report
「At a meeting of the Board of Directors held on 21 December 2023, the Bank resolved to issue unsecured perpetual bonds with optional redemption provisions, a debt waiver provision and a subordination provision, and payment was completed on 25 January 2024. An overview is provided below. (1) Name of bonds The Bank's 1st unsecured perpetual bonds with optional redemption provisions, a debt waiver provision and a subordination provision (3) Total issue amount ¥10 billion (4) Interest rate ① From the day following 25 January 2024 through 15 June 2029: 2.244% per annum ② From the day following 15 June 2029 onward: 6-month Japanese yen TIBOR + 1.630% (6) Maturity No fixed maturity (7) Use of proceeds To be allocated to general working capital, including loans」
The Bank resolved in December 2023 to issue unsecured perpetual bonds with optional redemption provisions, debt waiver and subordination provisions, and payment was completed on 25 January 2024. The total issue amount was ¥10 billion, to be allocated to general working capital, including loans.