Announced details
Sewage sludge treatment; conversion of prefectural facilities to LED lighting, air-conditioning upgrades and solar power generation; river improvement; erosion control and landslide prevention; slope disaster prevention; irrigation reservoir disaster prevention; drainage pumping station development; seawall development; forest, forest road, fishery-related facility and river environment improvement; and improvement of the habitat of the Oriental stork.
東海東京証券株式会社 acted as joint lead manager for these bonds. 東海東京証券 is a subsidiary of Tokai Tokyo Financial Holdings,Inc.
Hyogo Prefecture, a local government that has formulated Hyogo Vision 2050, a vision of the future that residents seek to achieve together, and issues SDG bonds (green bonds).
Green1（F）
Japan Credit Rating Agency, Ltd. (JCR)
¥13 billion (issuance amount)
Issue price: ¥100 per ¥100 of face value. Coupon: 2.148%.
The company does not address Impact on Business Performance.
Japan Credit Rating Agency, Ltd. (JCR); International Capital Market Association (ICMA), Green Bond Principles 2021; and Ministry of the Environment, Green Bond Guidelines 2024.
| Item | Details |
|---|---|
| Names of Products / Services Covered | Hyogo Prefecture FY2026 3rd Public Offering of Bonds (5-Year Green Bond) |
| Counterparty | Hyogo Prefecture |
| Counterparty overview | Hyogo Prefecture, a local government that has formulated Hyogo Vision 2050, a vision of the future that residents seek to achieve together, and issues SDG bonds (green bonds). |
| Relationship with the Company | 東海東京証券株式会社 acted as joint lead manager for these bonds. 東海東京証券 is a subsidiary of Tokai Tokyo Financial Holdings,Inc. |
| Contract Value | ¥13 billion (issuance amount) |
| Offering price | Issue price: ¥100 per ¥100 of face value. Coupon: 2.148%. |
| Launch date | 17 July 2026 (scheduled payment and issue date) |
| Applicable area | Sewage sludge treatment; conversion of prefectural facilities to LED lighting, air-conditioning upgrades and solar power generation; river improvement; erosion control and landslide prevention; slope disaster prevention; irrigation reservoir disaster prevention; drainage pumping station development; seawall development; forest, forest road, fishery-related facility and river environment improvement; and improvement of the habitat of the Oriental stork. |
| Award/certification name | Green1（F） |
| Awarding / certifying body | Japan Credit Rating Agency, Ltd. (JCR) |
| Source | Japan Credit Rating Agency, Ltd. (JCR); International Capital Market Association (ICMA), Green Bond Principles 2021; and Ministry of the Environment, Green Bond Guidelines 2024. |
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.The bonds are intended to promote Hyogo Prefecture's greening initiatives widely, support their implementation, and encourage investor participation in the prefectural administration. 東海東京証券 also explains that, through underwriting and sales, it will promote ESG investment and contribute to resolving environmental challenges and providing new investment opportunities.