Domestic Issuance List

The first green loan in Japan was executed in 2017. The following are major execution cases in Japan.

Major Green Loan Execution Cases in Japan

Year Loan Recipient Time of Loan Execution Use of proceeds Yen
(100 million)
2017 Canadian Solar Infrastructure Fund, Inc. October 31, 2017PDF renewable energy 157
2018 United Urban Investment Corporation September 28, 2018PDF green building 100
Japan Excellent, Inc. September 28, 2018PDF green building 20
Nippon Yusen Kabushiki Kaisha December 27, 2018Open in new tab or window used for building a chemical tanker fueled by methanol 20
2019 United Urban Investment Corporation March 29, 2019PDF green building 45
Nagoya Railroad Co., Ltd. March 29, 2019PDF green building 10
Nippon Yusen Kabushiki Kaisha March 29, 2019PDF scrubber installation 90
Nissenn Kaiun June 26, 2019PDF clean transportation 28
Renewable Japan Co., Ltd. June 28, 2019PDF renewable energy 17.1
Sumitomo Mitsui Trust Bank, Limited July 25, 2019PDF green building 30
Fukuoka REIT Corporation July 31, 2019PDF green building 22
ENOMOTO Co.,Ltd. September 1, 2019PDF research & development and establishment of a production line of gas diffusion layer-integrated metallic separator, a major component of hydrogen fuel cell 5
Tokyu Land Capital Management Inc. September 27, 2019PDF renewable energy 10
Mitsubishi Electric Credit Corporation September 30, 2019PDF renewable energy 20
AEON REIT Investment Corporation October 21, 2019PDF green building 33
Renewable Japan Co., Ltd. November 29, 2019PDF renewable energy 31
SOSiLA Logistics REIT, Inc. December 10, 2019PDF green building 21
SOSiLA Logistics REIT, Inc. December 10, 2019PDF green building 68
SOSiLA Logistics REIT, Inc. December 10, 2019PDF green building 91
SOSiLA Logistics REIT, Inc. December 10, 2019PDF green building 80
SOSiLA Logistics REIT, Inc. December 10, 2019PDF green building 35
Renewable Japan Co., Ltd. December 18, 2019PDF renewable energy 16
2020 ARUHI Corporation January 28, 2020PDF housing loan for energy-efficient housing 30
RYOBI LIMITED January 31, 2020PDF capital used for manufacturing asset investment that improves eco-efficiency. 130
DREAM Private REIT Inc. January 31, 2020PDF green building 20
Japan Infrastructure Fund Investment Corporation February 21, 2020PDF renewable energy 49.1
Daiwa Energy & Infrastructure Co. Ltd. March 27, 2020PDF renewable energy 22
Daiwa Energy & Infrastructure Co. Ltd. March 30, 2020PDF renewable energy 30
M&C Tottori Hydropower July 31, 2020PDF renewable energy 156.93
Renewable Japan Co., Ltd. August 31, 2020PDF renewable energy 50
SOSiLA Logistics REIT, Inc. December 10, 2020PDF green building 21
SOSiLA Logistics REIT, Inc. December 4, 2020Open in new tab or window green building 48.5
SOSiLA Logistics REIT, Inc. December 4, 2020Open in new tab or window green building 48.5
WEST ENERGY SOLUTION INC. December 16, 2020PDF Capital for purchasing existing solar power facilities, etc. 200
2021 Shindengen Electric Manufacturing Co., Ltd. January 25, 2021Open in new tab or window green building 50
Hudson Sustainable Investment Management LLC January, 2021PDF Refinancing funds for the acquisition of solar power generation equipment 10
IINO KAIUN KAISHA, LTD. February 10, 2021PDF green building 15
Renewable Japan Co., Ltd. February 12, 2021PDF renewable energy 92
Canadian Solar Infrastructure Fund, Inc. March 1, 2021PDF Funds for acquisition of solar power generation equipment 170
Nexyz.Zero Corporation March 25, 2021PDF Funds for acquisition of new leased property (LED lighting) 32
Project GKs for the Kasama Site in Ibaraki Prefecture, the Kurusu Site in Ibaraki Prefecture, and the Suzuhari Site in Hiroshima Prefecture March 24, 2021Open in new tab or window Refinancing and new construction capital for the development of solar power generation facilities 56.2
Renewable Japan Co., Ltd. March 26, 2021PDF Funds for acquisition of solar power plants 37.0
TBM March 1, 2021Open in new tab or window Funds for construction of a factory in Tagajo City, Miyagi Prefecture and funds for purchasing equipment used in the factory 24.0
Yuzukami-kita Solar Energy GK March 1, 2021PDF Funding for the construction of the Yuzukami Solar Energy Solar Power Plant (Otawara City, Tochigi Prefecture) 138.51
Daiki Axis Sustainable Power Co., Ltd. (Formerly Sylphid Inc.) May 31, 2021PDF Solar power generation business and small wind power generation business (assets transferred from parent company Daiki Axis Co., Ltd.) 10.0
Renewable Japan Co., Ltd. May 31, 2021PDF Solar power generation business 31.0
Minamiaso Yunotani Chinetsu (Geothermal) June 1, 2021PDF Funding for the construction of the Minamiaso-Yunotani Geothermal Power Plant (Minamiaso-mura, Aso-gun, Kumamoto Prefecture) 32.0
Japan Pallet Rental Corporation July 30, 2021PDF All funds used to purchase pallets 4.0
Solar Power Generation Project in Miyako Town, Fukuoka Prefecture (Project GK) July 12, 2021PDF Refinancing and new construction financing for the development of solar power generation facilities 26.3
Tosei Corporation July 30, 2021PDF Funds for land acquisition and construction for logistics facilities Not disclosed
A.D.Works Group Co., Ltd. August 18, 2021PDF Funds to be used for development of green buildings 5.0
IINO KAIUN KAISHA, LTD. August 31, 2021PDF Refinancing of green building construction project costs 57.6
Japan Logistics Fund, Inc August 31, 2021PDF Funds (including refinancing) required to acquire properties that meet the "qualified criteria" stipulated in the Green Finance Framework or to carry out renovation work, etc. 30.0
Tohoku Electric Power Company, Incorporated August, 2021Open in new tab or window Construction costs for the Tamagawa No. 2 hydroelectric power plant to be developed by Tohoku Shizen Energy, a Group company Not disclosed
Shindengen Electric Manufacturing Co., Ltd. August, 2021PDF green building 50.0
Daiwa House REIT Investment Corporation September, 2021PDF Funds for the acquisition of logistics facilities that meet the requirements for Green Qualified Assets 105.0
Mitsubishi Estate Logistics REIT Investment Corporation September, 2021PDF Funds to be used entirely for refinancing of acquisition funds for green-qualified assets 7.2
New Japan Chemical Co.,Ltd. September, 2021PDF Funds for the construction of the Kyoto R&D Center, a research facility. 30.0
Renewable Japan Co., Ltd. September, 2021PDF Solar power generation business 5.0
DREAM Private REIT Inc. September, 2021PDF Principal repayment funds for existing loans related to the acquisition costs of PUZZLE GINZA, which has been certified as an environmentally friendly building Not disclosed
TRIBAY CAPITAL September, 2021PDF Construction funds for solar power generation facilities, etc. 5.3
AOHONG CHEMICAL JAPAN September, 2021PDF Capital for regeneration of CFC substitutes and new production of CFCs with less environmental impact 3.5
Vehicle Energy Japan Inc. September, 2021PDF Funds for the construction of factories and machinery and equipment for the development and manufacture of lithium-ion batteries, and funds for refinancing 29.0
Tokyu Land Capital Management Inc. September, 2021PDF Solar power generation business 52.0
Moriyama City September, 2021Open in new tab or window Funds for the construction of "the New Environmental Center", a waste treatment facility. 27.987
Fukuoka Miyako Solar Power Godo Kaisha
(合同会社福岡みやこソーラーパワー)
September, 2021PDF Solar power generation business 183.4
Tohoku Electric Power Co.,Inc. October, 2021Open in new tab or window Appropriated for the cost of aging countermeasure work currently underway at the Chojahara Power Plant operated by Tohoku Sustainable & Renewable Energy Co.Inc., a Group company. Not disclosed
J-Value Trust
(ジェイバリュー信託)
November, 2021PDF Development and construction costs for woody biomass power generation facilities 25.0
OTS
(合同会社OTS)
November, 2021PDF Funds to be used entirely for the development of a new solar power plant 1.49
TAKARA LEBEN INFRASTRUCTURE FUND, INC December, 2021PDF Funds for acquiring equipment for 4 solar power plants, etc. Not disclosed
AC7
(AC7合同会社)
December, 2021PDF Allocated to construction funds for Fukushima West solar power generation project, etc. Not disclosed
  • As of January 10, 2022
  • * This database is not screened by the Ministry of the Environment and is compiled based on the labeling declared by issuers and financial institutions.