Announced details
Projects that contribute to environmental improvements (green) and the resolution of social issues (social)
Tokai Tokyo Securities acted as joint lead manager for bonds issued by the City of Kitakyushu. Tokai Tokyo Securities is a subsidiary of Tokai Tokyo Financial Holdings.
City of Kitakyushu. Location, representative, capital and year established: Not disclosed.
Assessment of the Kitakyushu City Sustainability Bond Framework’s conformity with the ICMA Principles and other standards
International Capital Market Association (ICMA)
5 years, issue amount ¥1 billion
Issue price: ¥100 per ¥100 of face value
The company does not address Contract Value / Impact on Business Performance.
The “Green Bond Principles 2025,” “Social Bond Principles 2025” and “Sustainability Bond Guidelines 2021” published by the International Capital Market Association (ICMA)
| Item | Details |
|---|---|
| Names of Products / Services Covered | 2nd Kitakyushu City Sustainability Bond, 5-Year Public Offering Municipal Bond (Kitakyushu City SDGs Future Bond) |
| Counterparty | Kitakyushu City |
| Counterparty overview | City of Kitakyushu. Location, representative, capital and year established: Not disclosed. |
| Relationship with the Company | Tokai Tokyo Securities acted as joint lead manager for bonds issued by the City of Kitakyushu. Tokai Tokyo Securities is a subsidiary of Tokai Tokyo Financial Holdings. |
| Offering price | Issue price: ¥100 per ¥100 of face value |
| Launch date | Payment date (issue date): 30 October 2026 (scheduled) |
| Applicable area | Projects that contribute to environmental improvements (green) and the resolution of social issues (social) |
| Award/certification name | Assessment of the Kitakyushu City Sustainability Bond Framework’s conformity with the ICMA Principles and other standards |
| Awarding / certifying body | International Capital Market Association (ICMA) |
| Location scale | 5 years, issue amount ¥1 billion |
| Source | The “Green Bond Principles 2025,” “Social Bond Principles 2025” and “Sustainability Bond Guidelines 2021” published by the International Capital Market Association (ICMA) |
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 City of Kitakyushu is raising funds for projects that contribute to environmental improvements and the resolution of social issues. Tokai Tokyo Securities stated that it aims to promote ESG investment through underwriting and distribution, thereby contributing to a sustainable society and the achievement of the SDGs.