Announced details
Improvement of payment terms for construction costs and other amounts payable to partner companies, social projects, supply chain strengthening
Daiwa Securities Co., Ltd., a subsidiary of Daiwa Securities Group Inc., served as administrative lead manager and Structuring Agent in the underwriting of bonds issued by Okumura Corporation.
A company that advocates sound management and sincere construction as its management principles and promotes the development of partnerships with partner companies and ESG/SDG initiatives. Other locations, representative, capital stock and year established: Not disclosed.
JCR Social Finance Framework Evaluation: Social 1 (F)
Japan Credit Rating Agency, Ltd. (JCR)
Issue amount: ¥1.5 billion
¥100 per ¥100 face value of each bond
The company does not address Impact on Business Performance.
The Social Bond Principles and other standards of the International Capital Market Association (ICMA), and an evaluation by Japan Credit Rating Agency, Ltd. (JCR)
| Item | Details |
|---|---|
| Names of Products / Services Covered | Okumura Corporation 1st Unsecured Bond (with a special pari passu clause limited to other bonds) (Social Bond) |
| Counterparty | OKUMURA CORPORATION |
| Counterparty overview | A company that advocates sound management and sincere construction as its management principles and promotes the development of partnerships with partner companies and ESG/SDG initiatives. Other locations, representative, capital stock and year established: Not disclosed. |
| Relationship with the Company | Daiwa Securities Co., Ltd., a subsidiary of Daiwa Securities Group Inc., served as administrative lead manager and Structuring Agent in the underwriting of bonds issued by Okumura Corporation. |
| Contract Value | Issue amount: ¥1.5 billion |
| Offering price | ¥100 per ¥100 face value of each bond |
| Launch date | Payment date: 15 October 2026 (scheduled) |
| Applicable area | Improvement of payment terms for construction costs and other amounts payable to partner companies, social projects, supply chain strengthening |
| Award/certification name | JCR Social Finance Framework Evaluation: Social 1 (F) |
| Awarding / certifying body | Japan Credit Rating Agency, Ltd. (JCR) |
| Source | The Social Bond Principles and other standards of the International Capital Market Association (ICMA), and an evaluation by Japan Credit Rating Agency, Ltd. (JCR) |
Items this document does not state (7)
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.Okumura Corporation will change the payment terms for construction costs and other amounts payable to partner companies to full cash payment, with the aim of improving their cash flow and management stability and strengthening relationships across the entire supply chain.