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
CRE Logistics REIT,Inc. July, 2021Open in new tab or window To be used for acquisition of green buildings or repayment/redemption of borrowings (including green loans) and investment corporation bonds (including green bonds) required for such acquisitions 42.74
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
CRE Logistics REIT,Inc. September, 2021Open in new tab or window To be used for acquisition of green buildings or repayment/redemption of borrowings (including green loans) and investment corporation bonds (including green bonds) required for such acquisitions 75.00
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
NIPPON ACCOMMODATIONS FUND INC. November, 2021PDF Used to repay loans required for the acquisition of Park Axis Toyosu, a Green Qualified Asset (including loans from subsequent refinancing). 10.00
NIPPON ACCOMMODATIONS FUND INC. November, 2021PDF 10.00
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
Vena Energy December, 2021Open in new tab or window Construction funds, etc. for the Nakazato wind power project 144.78
2022 Renewable Japan Co., Ltd. January, 2022PDF Solar power generation business 10.00
Takara Leben Co.,Ltd. January, 2022PDF Funds for acquisition of renewable energy power generation facilities 38.00
CRE Logistics REIT,Inc. January, 2022PDF To be used for acquisition of green buildings or repayment/redemption of borrowings (including green loans) and investment corporation bonds (including green bonds) required for such acquisitions 36.80
Lightyear Special Purpose Company
(ライトイヤー特定目的会社)
February, 2022PDF Refinancing of green building acquisitions 1,134.00
Vena Energy Japan K.K. February, 2022Open in new tab or window Construction and operation of the Shichinohe 9 solar power plant and the Aomori 2 solar power plant 107.00
Hulic Reit, Inc. February, 2022PDF Funds for new acquisitions of green-eligible assets (including refinancing of acquisition funds) and funds for renovation work, etc. 15.00
Misaki Megumi Suisan co.,ltd. February, 2022PDF Used to install energy-efficient natural refrigerant equipment Not disclosed
Ichigo Inc. February, 2022PDF Refinancing of the construction of Ichigo Yonezawa Itaya ECO Power Plant 30.00
MITSUBISHI ESTATE LOGISTICS REIT INVESTMENT CORP. March, 2022PDF Acquisition costs, etc. of real estate trust beneficiary rights backed by LogiPort Kawasaki Bay (Kawasaki City, Kanagawa Prefecture) and LogiCross Atsugi II (Atsugi City, Kanagawa Prefecture) 85.00
ADD Co.,Ltd March, 2022PDF Funds for construction of renewable energy generation facilities, development and improvement of ultra-low temperature freezers 1.00
Kaze no Mori Ishikari(風の杜いしかり)
(wholly owned subsidiary of Community Wind Power)
March, 2022Open in new tab or window Wind power plant (Location: Ishikari City, Hokkaido) 8.55
Mitsubishi Electric Credit Corporation March, 2022PDF Refinancing and new financing for investments and loans to businesses that own and develop renewable energy facilities such as solar power generation facilities, which are specified assets that meet the "qualifying criteria" set forth in the Green Finance Framework established by Mitsubishi Electric Credit Corporation. 18.00
Ichimasa Kamaboko Co., Ltd. March, 2022PDF Used to fund facilities for the second plant under construction, which is expected to improve production efficiency by consolidating production bases and reduce fuel consumption by introducing new facilities 35.00
Broadia Private REIT, Inc. March, 2022PDF Funds for the acquisition of Jimbocho Kita Tokyu Building, a specified asset that meets the "Qualifying Criteria for Green Finance Investment" as defined in the Green Finance Framework established by BPR. 5.00
Japan Prime Realty Investment Corporation March, 2022PDF Used to repay borrowings required for the acquisition of the Rise Arena Building, a green-qualified asset. 10.00
Tohoku Electric Power Co., Inc. March, 2022Open in new tab or window Renovation of Shin-Noshiro Wind Power Station Not disclosed
SHIKOKU CHEMICALS CORPORATION March, 2022PDF Funds for acquisition of solar power generation equipment Not disclosed
RESOL NO MORI Co., Ltd. March, 2022PDF Used for "Local Production for Local Consumption Energy System” 3.30
Kanazawa Energy Co., Ltd. March, 2022PDF 5 hydroelectric power plants (Location: Kanazawa City, Ishikawa Prefecture) 50.00
SOSiLA Logistics REIT, Inc. March, 2022PDF Used to finance the acquisition of green-qualified assets with external environmental certifications 47.50
DREAM Private REIT Inc. October, 2021~March, 2022PDF Refinancing of borrowings at the time of acquisition of Kobe Minato Warehouse and SG Realty Maishima, which are environmentally certified properties Not disclosed
DREAM Private REIT Inc. October, 2021~March, 2022PDF Refinancing of borrowings at the time of acquisition of Kobe Minato Warehouse and SG Realty Maishima, which are environmentally certified properties Not disclosed
Renewable Japan Co.,Ltd. April, 2022PDF Funds for acquisition of solar power generation equipment 7.00
Ichigo Inc.(Ichigo ECO Energy) March, 2022PDF To finance the construction of 15 solar power plants, 14 of which are already in operation and one new plant. 37.20
JX Metals Circular Solutions Europe GmbH
(Subsidiary of JX Nippon Mining & Metals Corporation)
April, 2022PDF Investment in equipment for research and development related to the recycling of automotive lithium-ion batteries 12.15
Tohoku Electric Power Co., Inc. April, 2022PDF Used for construction costs of the Tamagawa No. 2 Hydroelectric Power Plant to be developed by Group company Tohoku Sustainable & Renewable Energy Co.Inc. Not disclosed
Soma Clean Energy April, 2022PDF Used to fund the development of two solar power plants in Minamisoma, Fukushima Prefecture 7.50
HOSHINO RESORTS REIT, INC. April, 2022PDF Repayment of debt for acquisition of green-qualified properties 39.00
SANYO OIL Co., Ltd. May, 2022PDF Funds for construction of bunker ships using biofuels 1.00
Daiwa Office Investment Corporation May, 2022PDF Used to finance the acquisition of green buildings that meet the qualifying criteria or to refinance the same 40.00
Heisei Electric Co.
(平成エレクトリック)
May, 2022PDF Funds for acquisition of solar power generation facilities, etc. 1.60
Sagamihara Biogas Power Co.
(さがみはらバイオガスパワー)
May, 2022PDF Used to finance the construction of the Sagamihara Biogas Power Plant, which will use methane fermentation biogas derived from food waste as fuel. Not disclosed
RIC Chuo Kouro LLC
(合同会社 RIC中心高楼)
May, 2022Open in new tab or window Renewal of air conditioning and cold/heated water circulation equipment and conversion to LED lighting, which contribute to energy conservation 2.34
Natural Energy Partners Photovoltaic Power Generation a LLC
(ナチュラルエナジーパートナーズ太陽光発電 a 合同会社)
May, 2022PDF Funds for acquisition of solar power generation facilities, etc. 40.00
Nasushiobara City May, 2022Open in new tab or window To be used for the smart lighting project in Nasushiobara City and the installation of streetlights with integrated solar panels. 0.9
DIC May, 2022PDF Investment in renewable energy facilities (solar power, biomass) Not disclosed
Vena Energy June, 2022Open in new tab or window Funds for construction of Kisarazu Shimogori Solar Power Plant (26MW) 85.4
Abashiri Biomass No. 2 Power Plant LLC
(合同会社網走バイオマス第2発電所)
June, 2022Open in new tab or window Development and Construction of Abashiri Biomass No. 2 Power Plant 57
Abashiri Biomass No. 3 Power Plant LLC
(合同会社網走バイオマス第3発電所)
June, 2022Open in new tab or window Development and Construction of Abashiri Biomass No. 3 Power Plant 54
Japan Pallet Rental Corporation June, 2022PDF Used to purchase plastic rental pallets that contribute to the creation of a recycling-oriented society 4
Hokuriku Electric Power Company June, 2022PDF Refinancing for expenditures related to the operation and maintenance of 24 hydroelectric power plants (Toyama, Ishikawa and Fukui prefectures) 20
BPS Ikoma
(BPS いこま)
June, 2022PDF Funds for construction of wood biomass power generation facilities 45.62
GSSG Solar Japan Holdings 3a LLC
GSSG Solar Japan Holdings 4a LLC
June, 2022PDF Used for construction of Manago I, II and III solar power generation projects (Tochigi City and Kanuma City, Tochigi Prefecture), etc. 230
Frontier Real Estate Investment Corporation June, 2022PDF Used to refinance the acquisition of Ikebukuro Square, a green-qualified asset 15
Mitsubishi Logistics Corporation June, 2022PDF Used to refinance the acquisition of GRAND FRONT OSAKA , a green-qualified asset 80
Kenso
(ケンソー)
June, 2022PDF Used for purchase of solar power generation equipment (Kisarazu City, Chiba Prefecture) 4.8
Daiwa Securities Logistics Private Investment Corporation June, 2022PDF Funds for acquisition of Hiratsuka Ojin Logistics Center (Green Project) Not disclosed
Nikon Corporation July, 2022Open in new tab or window Used for construction costs of green-qualified property (new headquarters building) 100
TAIHO Techno Plant
(大邦テクノプラント)
July, 2022PDF Introduction of solar power generation equipment 0.7
Suzuki Shokai
(鈴木商会)
July, 2022PDF Used for the "Ocean Recycling Promotion Project (Tomakomai plastic factory new construction)". 2.2
CRE Logistics REIT, Inc. July, 2022PDF Used to repay existing debt incurred for green building 12
Rengo Co., Ltd. July, 2022Open in new tab or window Investments in biomass boilers and RPF production facilities and a cellulose particulate plant, a 100% biodegradable material derived from wood 50
  • As of August 1, 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.