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Other Disclosures8616Tokai Tokyo Financial Holdings,Inc.Financials (excluding banks)

Tokai Tokyo Securities to Underwrite Miyagi Prefecture Sustainability Bonds

Tokai Tokyo Securities announced that it will act as joint lead manager for two types of sustainability bonds issued by Miyagi Prefecture and will underwrite and sell them. The total issuance amount is ¥10 billion, which is expected to be allocated to projects related to the environment, marine conservation and social issues.

Worth reading
66In 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 (¥9.5 billion + ¥0.5 billion)
Wording
Definitive
How definitive the wording is.

Announced details

Miyagi Prefecture Public Offering Bond, 4th Issue No. 1 (5-year sustainability bond)Miyagi Prefecture Public Offering Bond, 1st Issue No. 1 (5-year sustainability bond for individual investors), nickname: Miyagi Prefectural Theatre Curtain-Raiser Bond
Applicable field (uses covered by this announcement)
Renewal and renovation of prefectural facilities and equipmentRiver improvementMarine conservationCreation of seaweed bedsSustainable fisheriesResolution of social issues
Launch date29 July 2026 (Wednesday), payment date (issue date, scheduled)
Relationship between the counterparty and the company
Tokai Tokyo Financial Holdings,Inc.8616
Relationship with the Company

Tokai Tokyo Securities will act as joint lead manager for bonds issued by Miyagi Prefecture and will underwrite and sell them. This is a business relationship. Tokai Tokyo Securities is a subsidiary of Tokai Tokyo Financial Holdings.

CounterpartyMiyagi Prefecture

Miyagi Prefecture. Other information on its location, representative, business activities, capital and year of establishment: not disclosed.

Offering price

¥100 per ¥100 of face value

The company does not address Contract Value / Impact on Business Performance.

Source (materials cited by the company)

Second opinion from Rating and Investment Information, Inc. (R&I); the principles and guidelines of the International Capital Market Association (ICMA); the Ministry of the Environment’s Green Bond Guidelines 2022; the Financial Services Agency’s Social Bond Guidelines 2021; and the International Finance Corporation’s Blue Finance Guidance Framework

Announced details
ItemDetails
Names of Products / Services CoveredMiyagi Prefecture Public Offering Bond, 4th Issue No. 1 (5-year sustainability bond), Miyagi Prefecture Public Offering Bond, 1st Issue No. 1 (5-year sustainability bond for individual investors), nickname: Miyagi Prefectural Theatre Curtain-Raiser Bond
CounterpartyMiyagi Prefecture
Counterparty overviewMiyagi Prefecture. Other information on its location, representative, business activities, capital and year of establishment: not disclosed.
Relationship with the CompanyTokai Tokyo Securities will act as joint lead manager for bonds issued by Miyagi Prefecture and will underwrite and sell them. This is a business relationship. Tokai Tokyo Securities is a subsidiary of Tokai Tokyo Financial Holdings.
Offering price¥100 per ¥100 of face value
Launch date29 July 2026 (Wednesday), payment date (issue date, scheduled)
Applicable areaRenewal and renovation of prefectural facilities and equipment, River improvement, Marine conservation, Creation of seaweed beds, Sustainable fisheries, Resolution of social issues
SourceSecond opinion from Rating and Investment Information, Inc. (R&I); the principles and guidelines of the International Capital Market Association (ICMA); the Ministry of the Environment’s Green Bond Guidelines 2022; the Financial Services Agency’s Social Bond Guidelines 2021; and the International Finance Corporation’s Blue Finance Guidance Framework
Items this document does not state (10)
Contract ValueContract DateAward/certification nameAwarding / certifying bodyRegistration number and expiry dateLocationLocation scaleQuantitative EffectsUsage historyImpact on Business Performance

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 resolving environmental and social issues through underwriting and sales, and to provide investors with new investment opportunities that contribute to achieving the SDGs.

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Tokai Tokyo Securities to Underwrite Miyagi Prefecture Sustainability Bonds | Tokai Tokyo Financial Holdings,Inc. (8616) timely disclosure | Komori