Issuance List (Domestic)

Domestic Issuance List

In 2014, the Development Bank of Japan issued the first Green Bond for EUR250 million in Japan. Issuances by municipalities and companies in 2017 followed one after another. The following are major issuance cases by Japanese companies.

Major Green Bond Issuance Cases in Japan
Issuer Date of issuance Issuance amount Use of proceeds Coupon Redemption
Period
Development Bank of Japan Inc. October 2014 EUR 250 million Loan for green buildings. 0.25% 3 years
Sumitomo Mitsui Banking Corporation October 2015 USD 500 million Renewable energy and energy-efficiency projects. 2.45% 5 years
December 2018 USD 227.8 million
AUD 83.2 million
Renewable energy and energy-efficiency projects. 3.37%(USD)
2.90%(AUD)
4.5 years
Kurimoto Holdings Ltd.* October 2015 JPY 1.548 billion Solar power generation projects. Not disclosed 20.5 years
JAG Energy Co., Ltd.* February 2016 JPY 6.77 billion Solar power generation projects. Not disclosed 21 years
January 2017 JPY 5.404 billion Not disclosed 19.6 years
September 2017 JPY 5.2 billion Not disclosed 19.5 years
March 2018 JPY 7.5 billion Not disclosed 19.5 years
Canadian Solar Japan K.K* March 2016 JPY 3.036 billion Solar power generation projects. Not disclosed 20.2 years
March 2017 JPY 5.4 billion Not disclosed 20.2 years
July 2017 JPY 8.7 billion Not disclosed 18.8 years
October 2017 JPY 7.4 billion Not disclosed 19.8 years
January 2019 USD 58 million Not disclosed 19.2 years
Nomura Research Institute, Ltd. September 2016 JPY 10 billion Purchasing energy saving buildings, etc. 0.25% 10 years
Mitsubishi UFJ Financial Group, Inc. September 2016 USD 500 million Renewable energy project and others. 2.527% 7 years
January 2018 EUR 500 million 0.68% 5 years
October 2018 EUR 500 million Renewable energy projects, Green Building. 0.98% 5 years
December 2018 USD 120 million 4.127% 10 years
July 2019 EUR 500 million Renewable energy projects, Green Building. 0.848% 10 years
October 2019 AUD 400 million Renewable energy projects, Green Building. 2.185% 5 years
October 2019 AUD 100 million Renewable energy projects, Green Building. 2.078% 5 years
Renewable Japan Co.,Ltd.* August 2017 JPY 4.67 billion Solar power generation projects. Not disclosed 23 years
April 2018 JPY 6.9 billion Not disclosed 22 years
February 2019 JPY 7.9 billion Not disclosed 22 years
June 2019 JPY 4 billion Not disclosed 21.2 years
November 2019 JPY 8 billion Not disclosed 21.2 years
December 2019 JPY 5.32 billion Not disclosed 20.2 years
Sumitomo Mitsui Financial Group, Inc. October 2017 EUR 500 million Renewable energy and energy-efficiency projects. 0.93% 7 years
May 2019 EUR 500 million Renewable energy and energy-efficiency projects. 0.47% 5 years
Mizuho Financial Group, Inc. October 2017 EUR 500 million Renewable energy, pollution prevention and management, etc. 0.956% 7 years
Tokyo Metropolitan Government October 2017 JPY 5 billion
(For institutional investors)
Environmental projects for Olympic-related facilities, smart energy city development, adaptation to climate change impact (measures on medium and small rivers, etc.), greening as a part of park development, etc. 0.02% 5 years
October 2017 JPY 5 billion
(For institutional investors)
0.98% 30 years
December 2017 AUD 117 million
(For individual investors)
2.55% 5 years
October 2018 JPY 5 billion
(For institutional investors)
0.02% 5 years
October 2018 JPY 5 billion
(For institutional investors)
1.004% 30 years
December 2018 USD 89 million
(For individual investors)
2.91% 5 years
October 2019 JPY 5 billion
(For institutional investors)
Installation of LED to facilities and roads owned by the Metropolitan Government, promoting energy efficincy in water and sewerage system. 0.001% 5 years
October 2019 JPY 5 billion
(For institutional investors)
Promotion of ZEB (net-zero energy building) of facilities owned by the Metropolitan Government, infrastructure maintainance of small and medium rivers. 0.480% 30 years
December 2019 USD 94 million
(For individual investors)
Environmental projects for Olympic-related facilities, smart energy city development, adaptation to climate change impact (measures on medium and small rivers, etc.), greening as a part of park development, etc. 1.600% 5 years
Japan Railway Construction, Transport and Technology Agency November 2017 JPY 20 billion Project promoting urban railway convenience (Kanagawa eastern district line). 0.23% 10 years
February 2018 JPY 24.5 billion 0.63% 20 years
TODA CORPORATION December 2017 JPY 10 billion Construction of floating offshore wind power generation facilities (Goto City, Nagasaki). 0.27% 5 years
December 2018 JPY 5 billion
(For individual investors)
0.25% 5 years
Giga Solar Materials Corp. * March 2018 JPY 6.5 billion Solar power generation projects. Not disclosed 17.2 years
Mitsubishi UFJ Lease & Finance Company Limited April 2018 JPY 10 billion Solar power generation projects. 0.18% 5 years
Japan Retail Fund Investment Corporation May 2018 JPY 8 billion Acquisition of Eligible Green Assets, among new or existing real estate property meeting certain environmental standards, and refinancing of the loan used for the acquisition. 0.21% 5 years
June 2019 JPY 7 billion Refinancing of loan used for acquisition of Eligible Green Assets. 0.20% 5 years
Nippon Yusen Kabushiki Kaisha May 2018 JPY 10 billion LNG carriers, ship facilities considering biodiversity, equipment for removing sulfur from marine engine exhaust gas. 0.29% 5 years
MITSUBISHI ESTATE CO., LTD. June 2018 JPY 20 billion Expenditure for construction of building A of "TOKYO TOKIWABASHI 2027" project. 0.09% 5 years
Japan Excellent, Inc. August 2018 JPY 4 billion Acquisition of Eligible Green Assets, among new or existing real estate property meeting certain environmental standards, and refinancing of the loan used for the acquisition. 0.63% 10 years
Nippon Prologis REIT, Inc. August 2018 JPY 6 billion Acquisition of Eligible Green Assets, among new or existing real estate property meeting certain environmental standards, and refinancing of the loan used for the acquisition. 0.66% 10 years
April 2020 JPY 5 billion Refinancing of debt needed for acquiring "qualified green project" 0.900% 20 years
April 2020 JPY 5 billion Refinancing of debt needed for acquiring "qualified green project" 1.000% 30 years
Mitsui O.S.K. Lines, Ltd. August 2018 JPY 5 billion
(For institutional investors)
LNG carrier, biodiversity-consious vessel facilities and desulfurization equipment for exhaust gas from vessel engine. 0.42% 5 years
September 2018 JPY 5 billion
(For individual investors)
0.42% 5 years
RICOH LEASING COMPANY, LTD. September 2018 JPY 10 billion Refinancing of capital used for solar power generation facilities for lease and installment business. 0.19% 5 years
October 2019 JPY 10 billion Used for lease and installment business of solar power generation facilities and small hydro power generation facilities(Refinancing of existing investment capital for energy facilities) 0.12% 5 years
Sumitomo Forestry Co., Ltd. September 2018 JPY 10 billion Refinancing of capital used for acquisition of mountain forest in New Zealand. 0%
(Zero coupon bond)
5 years
Hitachi Zosen Corporation September 2018 JPY 5 billion Operation capital for purchace of material for constructiong waste incinerator generation facility. 0.24% 3 years
Sumitomo Mitsui Trust Bank, Limited* September 2018 EUR 500 million Renewable energy, energy conservation, eco-transportaion, contamination prevention and management, Green Building. 3 Month-Euribor+0.25% 2 years
September 2018 JPY 2 billion Solar power generation projects. 6 Month-Tibor+0.70% 18 years
September 2018 JPY 10 billion Acquisition of Eligible Green Assets, among new or existing real estate property meeting certain environmental standards, and refinancing of the loan used for the acquisition. 0.25% 5 years
Tokyo Century Corporation October 2018 JPY 10 billion Refinancing of capital used for purchace of solar power generation facilities for lease business by subsidiary "Kyocera TCL, LLC". 0.20% 5 years
ANA HOLDINGS INC. October 2018 JPY 10 billion New construction of pilots training facilities as Green Building. 0.474% 10 years
Daio Paper Corporation October 2018 JPY 15 billion Used for facility that recycles hard-to-scrap used paper, and biomass generation facility. 0.605% 7 years
October 2018 JPY 5 billion 0.864% 10 years
MARUI GROUP CO., LTD. October 2018 JPY 10 billion Used for expense from procuring 100% of electricity from renewable energy, expenses from energy efficiency promotion activity for reduction of GHG emission, and expense for renewable energy power generation project. 0.19% 5 years
Obayashi Corporation October 2018 JPY 10 billion Refinancing of construction and acquisition cost of Renewable Energy projects (solar power, wind power, and self-elevating platform used in offshore wind projects) and Green Building. 0.13% 5 years
Japan Real Estate Investment Corporation November 2018 JPY 10 billion Acquisition of Eligible Green Assets, among new or existing real estate property meeting certain environmental standards, and refinancing of the loan used for the acquisition. 0.23% 5 years
Fuyo General Lease Co.,Ltd. November 2018 JPY 10 billion Facility investment and refinancing of solar power generation projects. 0.21% 5 years
July 2019 JPY 5 billion Provision of financial instruments that offers small and medium enterprises incentives to join new initiative of 100% renewable energy declaration movement("Japanese RE100"). 0.150% 5 years
Daiwa Securities Group Inc. November 2018 JPY 10 billion Renewable energy projects, Green Building. 0.23% 5 years
AEON Product Finance Co., Ltd. December 2018 JPY 12.3 billion Procurement of reform loan intended for installation of solar power generation system. Not disclosed 21 years
January 2020 JPY 5.87 billion Not disclosed 21 years
Invesco Office J-REIT, Inc. December 2018 JPY 5.5 billion Refinancing of capital used for acquisition of Eligible Green Assets meeting certain environmental standards (Ebisu Prime Square Tower). 0.58% 5 years
GLP J-REIT December 2018 JPY 5.1 billion Refinancing of capital used for acquisition of Eligible Green Assets meeting certain environmental standards (GLP Neyagawa). 0.68% 10 years
July 2019 JPY 8 billion Refinancing of capital used for acquisition of Eligible Green Assets. 0.608% 10 years
November 2019 JPY 5 billion Refinancing of capital used for acquisition of Eligible Green Assets. 0.550% 10 years
Japan Housing Finance Agency. January 2019 JPY 10 billion Capital for purchasing residential mortgages for newly-built houses with high energy efficiency in "Flat 35 (Purchase-type)." 0.548% 20 years
July 2019 JPY 10 billion 0.273% 20 years
September 2019 JPY 20 billion 0.055% 10 years
October 2019 JPY 20 billion 0.055% 10 years
October 2019 JPY 10 billion 0.246% 20 years
January 2020 JPY 10 billion 0.350% 20 years
April 2020 JPY 30 billion 0.155% 10 years
April 2020 JPY 10 billion 0.379% 20 years
Odakyu Electric Railway Co., Ltd. January 2019 JPY 10 billion Capital for construction and renewal of train cars with higher electricity efficiency, station renovation, such as platform gate installation, platforms extension, "greening" the station, and building four-track lines. 0.10% 3 years
Kenedix Office Investment Corporation February 2019 JPY 2 billion Refinancing of capital used for acquisition of Eligible Green Assets meeting certain environmental standards. 0.39% 5 years
Hitachi Capital Corporation February 2019 JPY 10 billion Investment to renewable energy project by Hitachi Capital Corporation and its subsidiaries. 0.21% 4.8 years
Konan Ultra Power CO., LTD. February 2019 JPY 110 million Finance for installation of solar power generation facility and installation of LED in four elementary schools in Konan-city. Not disclosed 15 years
March 2020 JPY 60 million Finance for installation of LED and enegy conservation of air conditioning in 5 elementary schools. Not disclosed 15 years
JA SOLAR Co.,Ltd.* February 2019 JPY 5.3 billion Solar power generation projects. Not disclosed 21.1 years
Tokyo Tatemono Co.,Ltd. March 2019 JPY 50 billion Capital for acquisition and construction of Green Building, and its refinancing. 2.15% 40 years
TOENEC CORPORATION March 2019 JPY 14 billion Solar power generation projects. 0.400% 10 years
Orient Corporation April 2019 JPY 5 billion Used for loans related to house reforms of installing solar generation system, batteries and energy-saving products including "EcoCute." 0.50% 5 years
JACCS CO., LTD. April 2019 JPY 10 billion Refinancing of capitals mobilized for solar loans that aims installing solar power generation facilities. 0.30% 5 years
TOYOTA FINANCE CORPORATION April 2019 JPY 60 billion As a part of financing credit and lease program of Toyota distributors, the capital is used for financing Toyota distributors so that they can purchase electric vehicles, and provide credits and lease to EV customers. 0.08% 5 years
United Urban Investment Corporation May 2019 JPY 10 billion Refinancing of capital used for acquisition of Eligible Green Assets, and new investment to Eligible Green Assets. 0.448% 7 years
Activia Properties Inc. July 2019 JPY 5 billion Refinancing of capital used for acquisition of Eligible Green Assets. 0.22% 5 years
November 2019 JPY 4 billion Refinancing of capital used for acquisition of Eligible Green Assets. 0.530% 10 years
Sekisui House Reit, Inc. July 2019 JPY 4 billion Refinancing of capital used for acquisition of Eligible Green Assets. 0.22% 5 years
July 2019 JPY 2.5 billion 0.57% 10 years
November 2019 JPY 5 billion 0.22% 5 years
February 2020 JPY 2 billion 0.500% 10 years
Takasago Thermal Engineering Co., Ltd. July 2019 JPY 5 billion Capital used for construction and facility of a research center holding energy conservation technology. 0.27% 7 years
ORIX JREIT Inc. July 2019 JPY 7 billion Refinancing of capital used for acquisition of Eligible Green Assets. 0.220% 5 years
MEIDENSHA CORPORATION July 2019 JPY 6 billion Used as a part of fund to enlarge production capacity of the manufacturing facility of electric vehicle components. 0.260% 5 years
Advance Residence Investment Corporation July 2019 JPY 5 billion Refinancing of capital used for acquisition of Eligible Green Assets. 0.220% 5 years
Japan Prime Realty Investment Corporation July 2019 JPY 5 billion Refinancing of capital used for acquisition of Eligible Green Assets. 0.570% 10 years
Ichigo ECO Energy July 2019 JPY 2.9 billion Used for construction fund and refinancing for solar power generation projects with six solar power plants. Not disclosed 10 years
Japan Hotel REIT Investment Corporation July 2019 JPY 2 billion Refinancing of capital for hotel renovation, including construction and investment of facilities lowering GHG emissions (air conditioner system and electricity facilities) and facilities monitoring environment impact, including water consumption. 0.400% 5 years
Mitsui Fudosan Co., Ltd September 2019 JPY 50 billion Refinancing of capital used for acquisition of reserved floor space of Nihonbashi Muromachi Mitsui Tower. 0.09% 5 years
KANEKA CORPORATION September 2019 JPY 5 billion Manufacturing facility and research and development cost for Kaneka Biodegradable Polymer PHBH. 0.110% 5 years
DAIKEN CORPORATION September 2019 JPY 5 billion Investment capital and refinancing for renovation of two domestic factories operating material business. 0.20% 3 years
Nomura Real Estate Master Fund, Inc. September 2019 JPY 3 billion Refinancing for repayment of existing loan used for acquisition of Eligible Green Assets. 0.530% 10 years
The Sumitomo Warehouse Co., Ltd. September 2019 JPY 5 billion Financing (and refinancing) for electricity consumption reduction projects (update of air conditionining system and installation of LED lights) and renewable electricity generation projects. 0.080% 5 years
Nogata Solar Farm September 2019 JPY 6.28 billion Finance for construction of solar power plants Not disclosed 20.9 years
Mori Building Co., Ltd November 2019 JPY 15 billion Capital used for acquisition of reserved floor space of Toranomon Azabudai Project Main Tower 0.320% 10 years
Daiwa House REIT Investment Corporation November 2019 JPY 6 billion Used for repayment of existing laon used for acquisition of Eligible Green Assets. 0.530% 10 years
May 2020 JPY 2.4 billion Used for repayment of existing loan used for acquisition of Eligible Green Assets. 0.340% 5 years
JPY 1.6 billion Used for repayment of existing loan used for acquisition of Eligible Green Assets. 0.640% 10 years
JPY 1 billion Used for repayment of existing loan used for acquisition of Eligible Green Assets. 1.000% 20 years
The Gunma Bank, Ltd November 2019 JPY 10 billion Used for new or existing loan that meet the eligibility criteria (renewable energy, green private placement bonds, energy efficiency, clean transportation, green buildings) (i) For the first five years (until November 26, 2024): 0.37% per annum, (ii) thereafter: 6-month Euro-yen LIBOR plus 0.42% 10 years
Nidec Corporation November 2019 JPY 50 billion Capital expenditure and R&D expense for the production of traction motors for EVs. 0.020% 3 years
November 2019 JPY 30 billion 0.090% 5 years
November 2019 JPY 20 billion 0.150% 7 years
Shizen Energy Inc. November 2019 JPY 3 million Development of solar power generation projects Not disclosed 3 years
AEON REIT Investment Corporation December 2019 JPY 12 billion Used for repayment of existing laon used for acquisition of Eligible Green Assets. 0.726% 10 years
SEIBU HOLDINGS INC. December 2019 JPY 10 billion Repayment of debt used for installation of new energy-efficient train cars and solar power generation facility. 0.270% 10 years
The Bank of Nagoya, Ltd December 2019 JPY 10 billion New and existing investment and lending for facility installation related to solar power generation projects. (i). First 5 years (Until 2024/12/13):Annual 0.44%
(ii). After 6th year:6 month EURO LIBOR + 0.45%
10 years
ITOCHU Advance Logistics Investment Corporation December 2019 JPY 1.5 billion Repayment of debt used for assets meeting criteria of Eligible Green Assets. 0.300% 5 years
SHIMIZU CORPORATION December 2019 JPY 10 billion Refinancing of construction capital for an office building in Yokohama 0.11% 5 years
TESS Engineering Co., Ltd. December 2019 JPY 8 billion Utilized for acquisition capital of solar power generation facility Being confirmed 20.6 years
Tokyu Fudosan Holdings January 2020 JPY 10 billion Refinancing of the acquisition capital of green buildings and renewable energy generation facilities 0.190% 5 years
ORIX January 2020 JPY 10 billion Solar power generation project 0.190% 5 years
ARUHI January 2020 JPY 5.2 billion Capital intended for housing loans targetting housings meeting a certain energy efficiency standard Not disclosed Not disclosed
Mitsubishi UFJ Trust and Banking January 2020 JPY 2 billion Refinancing of acquisition capital of green buildings Not disclosed 3 years
LaSalle LOGIPORT REIT February 2020 JPY 3 billion Used for repayment of existing laon used for acquisition of Eligible Green Assets. 0.590% 10 years
Japan Finance Organization for Municipalities February 2020 EUR 500 million Capitals required to facilitate loans to local municipalities to finance sewerage projects that contribute to water resource conservation through the improvement of water quality, and the reduction of GHG emissions by the efficient use of energy and the recycling of sewage sludge 0.050% 7 years
Tohoku Electric Power February 2020 JPY 5 billion New investment and refinance for development, construction, operation and maintainance of the renewable energy projects 0.310% 10 years
WEST HOLDINGS CORPORATION February 2020 JPY 200 million Refinancing of construction capital for solar power generation facility Not disclosed 5 years
Eco Research Institute February 2020 JPY 3 billion Used for installation of additional devices and automization system including remote control for production facilities in 3 domestic factories manufacturing environmentally-high efficient products Not disclosed 10 years
KAJIMA CORPORATION February 2020 JPY 10 billion Refinancing of construction capital 0.110% 5 years
Daiki Axis Co.,Ltd. February 2020 JPY 3 billion Refinancing of capital used for solar power generation facilities and small wind power generation facilities Not disclosed 10 years
Sumitomo Mitsui Finance and Leasing Company, Limited March 2020 JPY 15 billion Capital used for solar power generation facilities and wind power generation facilities including refinancing 0.170% 5 years
Mitsui-Soko Holdings Co., Ltd. March 2020 JPY 5 billion Capital used for subleasing of Kanto P&M Center II (tentative name) built by the subsidiary(plan to receive CASBEE B+(Good) ot A (very good)) 0.450% 10 years
Daiwa Energy & Infrastructure Co. Ltd. March 2020 JPY 1.9 billion Capital used for solar power generation facilities Not disclosed 16.3 years
March 2020 JPY 7.92 billion Finance for construction of solar power plants Not disclosed 20.3 years
Asahi Holdings, Inc. March 2020 JPY 5 billion Financing (and refinancing) for renewal and construction of new waste incinerator, and construction of new power generation facility Not disclosed 5 years
Mitsubishi Electric Credit Corporation March 2020 JPY 2 billion Refinancing of capital used for financing companies owning solar power generation facilities 0.25% 5 years
AEON Product Finance Co., Ltd. March 2020 JPY 12.29 billion Procurement of reform loan intended for installation of solar power generation system. Not disclosed 21 years
Looop Inc April 2020 JPY 3 billion Development of company owned solar PV and acquiring a new generation plant Not disclosed 15 years
Asahi Kasei Corp. June 2020 JPY 10 billion Capital used for refurbishment of old hydropower plant 0.120% 5 years
  • *Indicates agencies that substantially bear responsibility for selection of use of proceeds, management of proceeds, and reporting in cases of asset-based securities and trust beneficiary right.
  • As of June 2020
  • Source: Created by the Ministry of the Environment based on websites of the issuers