Diversifying funding through US dollar-denominated corporate bonds in overseas markets

「In July 2025, we issued our first unsecured straight bonds denominated in US dollars in overseas markets. Before this, we received credit ratings of “BBB” from S&P Global Ratings Japan Inc. and “BBB+” from Fitch Ratings Japan Limited, both with a “Stable” outlook. Securing funding methods not limited to the domestic market will enable a flexible financial strategy taking into account foreign exchange rates and global interest-rate trends, while helping to improve funding costs and smooth repayment schedules.」