Sustainability Linked Loan Issuance List (Domestic) | Issuance Data | Loans

Domestic Issuance List of Sustainability Linked Loan

The first sustainability linked loan in Japan was executed in 2019. The following are major execution cases in Japan.

Case study of major Sustainability Linked Loan in Japan

Funders	Main Financial Institutions	Independent Evaluator	Reporting Policy	Date of Contract	Period of Borrowing	Loan Amount	Sustainability Performance Targets	Characteristics of the loan
Nippon Yusen Kabushiki Kaisha	MUFG Bank, Ltd.	Japan Credit Rating Agency, Ltd.	Nippon Yusen Kabushiki Kaisha plans to report to MUFG Bank, Ltd. every year as soon as the score results are received	2019/11/29	5 years	50 billion yen	SPT is defined as maintaining a high rank in the CDP Impact indicators disclosed to CDP include the degree of achievement in decarbonization of ships in the medium-term management plan and the long-term decarbonization plan "NYK SUPER ECO SHIP 2050", which is shown by setting targets and confirming the degree of achievement every year.	The interest rate terms attributed to the CDP score will not change until the repayment due date, as long as the annual monitoring maintains a certain score
Toyoda Gosei Co., Ltd.	MUFG Bank, Ltd.	Japan Credit Rating Agency, Ltd.	Toyoda Gosei Co., Ltd. plans to report to MUFG Bank, Ltd. as soon as the results for fiscal 2020 are determined Toyoda Gosei Co., Ltd. plans to report to MUFG Bank, Ltd. on the progress of SPT achievement every year from fiscal 2021 onward.	2019/12/23	4 years	5 billion yen	SPT is defined as the reduction of CO₂ and waste emitted through business activities on a per-unit basis The following 3 goals have been set for the year 2020 ① Unit of CO₂ intensity　(CO₂ emissions per sales, globally consolidated): 12% reduction from 2012 ② Unit of CO₂ intensity　(CO₂ emissions per unit of sales): 17% reduction from 2012 ③ Unit of waste intensity　(Waste per unit of sales): 12% reduction from 2012 Achieve the above 3 goals in FY2020 and maintain them thereafter until the repayment deadline	Preferential interest rates will be maintained if the FY 2020 reduction target is met
Sumitomo Heavy Industries, Ltd.	Sumitomo Mitsui Trust Bank, Limited	Japan Credit Rating Agency, Ltd.	Sumitomo Heavy Industries, Ltd. plans to periodically report to Sumitomo Mitsui Trust Bank, Limited on the status of SPT achievement (the final level of sustainability achievement will be confirmed when the repayment deadline arrives)	₋	₋	₋	SPT is defined as targets for reducing CO₂ emissions during product production and transportation, and the percentage of sales of environmentally friendly products	Not disclosed
COSMO ENERGY HOLDINGS Co.,Ltd.	Mizuho Bank, Ltd.	Japan Credit Rating Agency, Ltd.	COSMO ENERGY HOLDINGS Co.,Ltd. will report annually to Mizuho Bank, Ltd. on the achievement of the SPT	2020/3/31	3 years	10 billion yen	SPT is defined as the start of the group's future onshore wind farm operations and the availability of existing wind farms	Interest rate terms will vary depending on the achievement of SPT
Ricoh Company, Ltd.	MUFG Bank, Ltd.	Rating & Investment Information, Inc.	Ricoh Company, Ltd. plans to disclose its greenhouse gas (GHG) emission reductions (SCOPE 1 and 2) to the public every year in "the ESG Data Book" and "Ricoh Group Integrated Reports"	2020/4/10	5 years	10 billion yen	Revised the target for reducing in-house greenhouse gas (GHG) emissions by 2030 to 63% from the 2015 level, up from a previous target of 30%, and obtained certification for this environmental target under the new "1.5°C target" of the SBT Initiative. SPT is defined as the GHG reduction target set by Ricoh Company, Ltd. in line with the "1.5°C target of the SBT Initiative	Interest rate terms will vary depending on the achievement of SPT
Mitsubishi Estate Company,Limited	The Norinchukin Bank	Japan Credit Rating Agency, Ltd.	Mitsubishi Estate Company,Limited plans to report annually to the Norinchukin Bank on the progress of the SPT	2020/5/29	11years and 3 months	11.5 billion yen	SPT is defined as CO₂ emissions (target for 2030: 35% reduction from 2017) and renewable electricity ratio (target for 2030: 25%) in line with the targets set in "the Mitsubishi Estate Group's SDGs 2030"	Interest rate terms will vary depending on the achievement of SPT
Yamazaki gravel Inc.	SHIGA BANK, LTD.	Rating & Investment Information, Inc.	Yamazaki gravel Inc. plans to make the SPT available on its website, and to announce its progress on the website every year	2020/9/17	₋	0.5 billion yen	The SPT is defined as achieving a recycling rate of 93% by 2025 from the current 91%	Lending terms and conditions are linked to Yamazaki gravel Inc.'s performance on SPT The interest rate spread to be applied during the lending period is determined based on 3 requirements: ① reporting on the progress of initiatives, ② submission of a third-party opinion, and ③ achievement of the target figure (recycling rate) If ① and ② are not complied with, the spread will widen. If ① and ② are complied with, the interest rate will remain the same even if ③ is not achieved, but if ③ is achieved, the spread is set to shrink.
MEIDENSHA CORPORATION	Sumitomo Mitsui Banking Corporation	The Japan Research Institute, Limited. DNV GL BUSINESS ASSURANCE JAPAN K.K.	MEIDENSHA CORPORATION discloses the targets of its medium-term management plan and annual performance figures in the Meidensha Report every year, and plans to continue to disclose the status of SPT achievement through the publication of the Meidensha Report.	2020/9/23	₋	₋	The following 3 items are established as the SPT for FY 2020 ① Expansion of environmental contribution projects: 900,000 tons (841,000 tons in FY2018 and 848,000 tons in FY2019) of CO₂ emissions reduction through environmental contribution projects ② Appropriate management of chemical substances: VOC emissions of 80 tons or less (96 tons in FY2018 and 83.3 tons in FY2019) ③ Strengthen the value chain management： Green procurement rate of 90% or more　(Based on the company's standards, 85% in FY2018 and 87% in FY2019)	If at least one of the 3 SPTs is achieved, MEIDENSHA CORPORATION　can request The Japan Research Institute, Ltd. to evaluate the progress of its efforts to improve its sustainability management and issue a written opinion.
SymEnergy Inc.	SHIGA BANK, LTD.	Rating & Investment Information, Inc.	SymEnergy Inc. is planning to make its SPTs available on its website and other media and to disclose its progress once a year. SymEnergy Inc. intends to represent that this financing is based on Sustainability Linked Loans and will ensure transparency by disclosing information about SPTs	2020/11/30	-	25 billion yen	SymEnergy Inc. set up the following as SPT In renewable energy projects involved in the development；・Development in collaboration with local businesses, municipalities and other corporate entities in the development area ・The sum of the investment ratio of other corporate entities, etc. is more than 1/3 ・Aim to complete two to three projects per year that meet the above	The interest rate spread applied during each interest payment period is set in two ways: if the SPTs' targets are met or if the targets are not met. The performance of the SPTs and the lending terms are linked and applied over the lending period.
Mitsubishi Chemical Holdings Corporation	Development Bank of Japan Inc.	₋	Mitsubishi Chemical Holdings Corporation (MCHC) will report annually to the Development Bank of Japan the latest information on the progress and achievement of SPT performance. MCHC will also disclose information on the status of SPT achievement to the public on its website on a regular basis.	2020/11/30	10 years	30 billion yen	①Status of promotion of chemical recycling projects that contribute to solving problems related to plastic waste, etc. ②The volume of plastic recycling processed to measure the degree of contribution to solving these issues.	Not disclosed
Fuyo General Lease Co., Ltd.	Development Bank of Japan Inc.	₋	Fuyo General Lease Co., Ltd. will report annually to the Development Bank of Japan on the progress and achievement of SPT performance. In addition, information on the status of SPT achievement will be disclosed to the public on a regular basis via the company's website	2020/12/14	5 years	5 billion yen	①Number of companies providing BPO services in the Group: Equal to or more than 20,000 (as of March 31, 2022) ②Cumulative transaction amount for "Support Program for Fuyo Renewable Energy 100 Declaration" and "Fuyo Zero Carbon City Support Program": 5 billion yen or more (deadline: July 2024)	Not disclosed
T'STILE	SHIGA BANK, LTD.	Shigagin Keizai Bunka Center CO.,LTD.	T'STILE will disclose the SPTs on its website, etc., and will announce the progress of the SPTs on its website once a year. This will enable Shiga Bank to obtain up-to-date information on the progress of the SPTs. T'STILE intends to declare that this financing is based on the Sustainability Linked Loan. Transparency will be ensured by disclosing information on SPTs to the public.	2021/1/25	-	0.05 billion yen	Rate of mixed construction waste (ratio of mixed construction waste to total construction waste) and number of net zero energy houses (ZEH) built	The interest rate spread applied during the loan period is determined by the achievement of the following two requirements (1) The borrower must report to the lender on the progress of the initiative. (2) Achieve the target values of SPTs above. If (1) is not complied with, the spread will be increased. If (1) is complied with, the spread will remain the same even if (2) is not achieved, but the spread is set to decrease for the achievement of each item of SPTs.
Isetan Mitsukoshi Holdings Ltd.	Sumitomo Mitsui Trust Bank, Limited	Japan Credit Rating Agency, Ltd.	Isetan Mitsukoshi Holdings plans to report to Sumitomo Mitsui Trust Bank on the status of achievement of SPTs once a year. In addition, Isetan Mitsukoshi Holdings, Sumitomo Mitsui Trust Bank and JCR will evaluate the final level of sustainability achievement in the year when the repayment is due.	2021/1/29	5 years	5 billion yen	Maintain a leadership level (A, A-) in the climate change score published by CDP.	Lending conditions vary depending on the achievement of SPT.
Japan Real Estate Asset Management Co.,Ltd.	The Norinchukin Bank	Japan Credit Rating Agency, Ltd.	JRE plans to disclose the progress of the SPTs it has set, with verification or certification for each item, in its Sustainability Report and on its website, and to report annually to the Norinchukin Bank. When the loan becomes due, JRE, The Norinchukin Bank and JCR will conduct a review of the loan to assess not only the achievement of the SPTs but also the impact on JRE and society.	2021/1/29	10.5　years	5 billion yen	SPTs1: Reduction in greenhouse gas emissions compared to FY2013 levels (FY2030 target: 35% reduction compared to FY2013 levels) SPTs2: Number of buildings with ZEB certification under BELS (including Nearly ZEB, ZEB Ready, and ZEB Oriented) (FY2030 target: 5 buildings)	In order to incentivize the achievement of JRE's sustainability strategy, the timing of interest rate reviews is set multiple times until the repayment date arrives, and the lending terms are linked to the progress of SPTs at the timing.
Japan Real Estate Asset Management Co.,Ltd.	The Norinchukin Bank	Japan Credit Rating Agency, Ltd.		2021/1/29	11 years	5 billion yen
Nippon Yusen Kabushiki Kaisha	SHIGA BANK, LTD.	Rating & Investment Information, Inc.	The results of NYK's CDP climate change score will be disclosed on the CDP website once a year. In response to this, NYK will disclose the achievement status of the SPT directly to related parties, and will also disclose it to the public on its own website.	2021/2/5	4 years	USD 0.05 billion	To obtain a high score in CDP's climate change score.	The interest rate spread applied during each interest payment period is set in three ways: when the CDP score of the SPTs is A~A-, B~B-, and C or lower. The lending terms and NYK's performance against the SPTs are linked.
SCREEN Holdings Co., Ltd.	MUFG Bank, Ltd.	Japan Credit Rating Agency, Ltd.	Progress of the set SPTs will be reported to MUFG Bank and the Loan Participant Banks once a year. When the repayment date arrives, SCREEN Holdings, MUFG Bank, and JCR will conduct a review of the Loan to assess not only the achievement of the SPTs but also the impact on SCREEN Holdings and society.	2021/3/16	3 years	10 billion yen	Reduce CO₂ emissions (on a gross basis, Scope 1 and 2) by 10% by the fiscal year ending March 2024, compared to the fiscal year ending March 2019, as a milestone toward the SBT of reducing CO₂ emissions by 30% by the fiscal year ending March 2030.	・The interest rate will be revised several times until the repayment date, and the lending conditions will be linked to the progress of SPTs at the timing.
Nippon Yusen Kabushiki Kaisha	Sumitomo Mitsui Banking Corporation	Japan Credit Rating Agency, Ltd.	NYK will report to the main financial institution on the score results of CDP set as SPT as soon as they are received from CDP, the scoring organization. In addition, when the repayment date arrives, NYK, the main financial institution, and JCR will conduct a review of the Loan and evaluate the status of the achievement of the SPT as well as the status of the impact on NYK and society.	2021/3/31	5 years	USD 0.6 billion	Maintain a high rating (A or A-) in the CDP climate change score	Not disclosed
Nippon Yusen Kabushiki Kaisha	MUFG Bank, Ltd.	Japan Credit Rating Agency, Ltd.		2021/3/31	5 years	USD 0.204 billion		Not disclosed
SHIMIZU CORPORATION	Mizuho Bank, Ltd.	Japan Credit Rating Agency, Ltd.	Shimizu Corporation plans to report annually to Mizuho Bank and the other banks participating in the commitment line on the progress of the SPT it has set. In addition, when the commitment date arrives, Shimizu Corporation, Mizuho Bank and JCR will review the commitment line and assess the status of the achievement of the SPT as well as the impact on Shimizu Corporation and society.	2021/3/31	3 years	20 billion yen	Reduce CO₂ emissions from construction projects by 10% from FY2017 levels by the end of FY2023	Until the commitment deadline arrives, there will be several times when the commitment fee will be reviewed, and the commitment fee will be linked to the progress of the SPT at that time.
SEIBU HOLDINGS INC.	Sumitomo Mitsui Trust Bank, Limited	Japan Credit Rating Agency, Ltd.	Seibu HD will report to Sumitomo Mitsui Trust Bank　once a year on the progress of the SPTs set. When the repayment date arrives, a review of the Loan will be conducted among Seibu HD, Sumitomo Mitsui Trust Bank, Limited and JCR to assess the status of impact on Seibu HD in addition to the status of achievement of SPTs.	2021/3/31	9 years	5 billion yen	Reduce unit CO₂ emissions (CO₂ emissions per operating revenue) by 25% from FY2018 levels by FY2030.	The timing of interest rate reviews is set annually until the repayment date arrives, and loan terms and conditions are linked to the achievement of SPTs at that time.
Tokyo Century Corporation	Sumitomo Mitsui Trust Bank, Limited	Japan Credit Rating Agency, Ltd.	Tokyo Century plans to report annually to Sumitomo Mitsui Trust Bank on the progress of the established SPTs. When the repayment period is due, the three companies — Tokyo Century, Sumitomo Mitsui Trust Bank, and JCR — will review the loan to assess not only the progress of SPTs but also the impact on Century Tokyo and society.	2021/3/31	5 years	15 billion yen	SPT1： Achieve the targets for annual power generation and CO₂ reduction by the photovoltaic power generation business of Kyocera TCL Solar GK. (Targets for FY 2023 and beyond are set above the target level for FY 2022) SPT2： Achieve the projected GHG reduction contribution (cumulative) target of the JCM (bilateral credit scheme) *Specific target values will be disclosed in the ESG Data Book to be published in fiscal 2021. SPT3： Maintain DX certification (Ministry of Economy, Trade and Industry).	Establish a review of loan terms and conditions during the period in accordance with the progress of the SPTs
TSUBAKI NAKASHIMA CO., LTD.	Resona Bank, Limited	Rating & Investment Information, Inc.	Tsubaki Nakashima plans to submit a report on consolidated sales of ceramic balls to Resona Bank once a year and disclose the information to investors at financial results briefings and other occasions.	2021/3/31	7 years	5 billion yen	Achieve consolidated ceramic ball sales of 8,254 million yen in the fiscal year ending December 2023.	Interest rate spreads applied during each interest payment period are set in two ways: if the SPT targets are met, and if the SPT targets are not met.
KUSATSU ELECTRIC CO.,LTD.	SHIGA BANK, LTD.	Shigagin Keizai Bunka Center CO.,LTD.	・ Describe the SPTs in the action plan to be submitted to Shiga Prefecture, and submit a copy to the lender. ・ The action plan is published on the Shiga Prefecture website. ・ The progress is described in the action report submitted to Shiga Prefecture once a year, and a copy is submitted to the lender. ・ The action report is also published on the Shiga Prefecture website. ・ Disclose information about SPTs to the public	2021/3/31	-	0.5 billion yen	Set a reduction target in line with the action plan in the main plant, which accounts for more than two-thirds proportion of the entire company in greenhouse gas emissions, based on the "Shiga Prefecture, low-carbon society promotion plan" of Shiga Prefecture.	Interest rate terms will vary depending on the achievement of SPT
Kitai Sekkei Co., Ltd.	SHIGA BANK, LTD.	Shigagin Keizai Bunka Center CO.,LTD.	Kitai Sekkei will disclose the SPTs on its website, etc., and will submit the progress of the SPTs to the lender Shiga Bank in writing once a year.	2021/3/31	-	-	Number of survey and design services related to green infrastructure and their sales	Lending conditions vary depending on the SPT achieved
SUMIMOTO FACTORY Co.,Ltd.	The Chugoku Bank, Ltd	Rating & Investment Information, Inc. Okayama Economic Research Institute	・ Report to the Bank of China once a year ・ At the time of reporting, the Okayama Institute of Economic Research will confirm the validity.	2021/5/21	5 years	0.01 billion yen	Power consumption reduction rate per sales (%) 2022/5 Target : Down 1.5% from 2021/5 2023/5 Target : Down 1.5% from 2022/5 2024/5 Target : Down 1.5% from 2023/5 2025/5 Target : Down 1.5% from 2024/5	Depending on the achievement of SPT, the applicable interest rate will be reduced by up to 0.2% per year.
TAKAHASHI co,. ltd.	SHIGA BANK, LTD.	Shigagin Keizai Bunka Center CO.,LTD.	Takahashi will report to the lenders on the progress of the SPT once a year.	2021/6/24	-	0.08 billion yen	Cumulative increase in total installed capacity of photovoltaic panels	Lending conditions vary depending on the SPT achieved
Yamatojuken	The Chugoku Bank, Ltd	Rating & Investment Information, Inc. Okayama Economic Research Institute	・ Report to the Bank of China once a year ・ At the time of reporting, the Okayama Institute of Economic Research will confirm the validity.	2021/6/30	5 years	0.01 billion yen	ZEH ratio (%) Fiscal 2021 target: 80% Fiscal 2022 target: 80% Fiscal 2023 target: 80% Fiscal 2024 target: 80%	Depending on the achievement of SPT, the applicable interest rate will be reduced by up to 0.2% per year.
Fujii Store Corporation	The Chugoku Bank, Ltd	Rating & Investment Information, Inc. Okayama Economic Research Institute	・ Report to the Bank of China once a year ・ At the time of reporting, the Okayama Institute of Economic Research will confirm the validity.	2021/7/1	5 years	0.05 billion yen	Power consumption reduction rate (%) FY 2021 target: 1.5 less than FY 2020 FY 2022 target: 1.5 less than FY 2021 FY 2023 target: 1.5 less than FY 2022 FY 2024 target: 1.5 less than FY 2023	Depending on the achievement of SPT, the applicable interest rate will be reduced by up to 0.2% per year.
GS Yuasa Corporation	MUFG Bank, Ltd., Sumitomo Mitsui Trust Bank, Limited, The Bank of Kyoto, Ltd., SHIGA BANK, LTD.	Japan Credit Rating Agency, Ltd.	●Disclose the following items at least once a year ・Up-to-date information on the performance of selected KPIs ・Information that is useful for lenders to gauge the level of ambition of SPTs. ●Disclose the following information to the extent possible ・A qualitative and quantitative description of the main factors that contributed to the improvement in performance/KPIs (including M&A activities, etc.) ・Description of how performance improvement will affect the borrower's sustainability. ・Whether or not KPIs have been reassessed, whether or not SPTs have been revised, and whether or not baseline assumptions or the scope of KPIs have been changed.	2021/7/19	5 years	7 billion yen	By FY2025, reduce CO₂ emissions (total amount basis, Scope 1 and 2) by 15% from FY2018 levels, as a milestone toward reducing CO₂ emissions by 30% or more compared to FY2018 levels by FY2030	The interest rate is reviewed multiple times until the repayment date arrives, and the loan terms and conditions are linked to the progress of the SPT at that time.
OUTSOURCING Inc.	Syndication method （Arranger:Shinsei Bank, Limited） The Aomori Bank, Ltd.、THE KAGAWA BANK,Ltd.、THE BANK OF SAGA LTD.、THE SAN-IN GODO BANK,LTD．、San ju San Bank,Ltd.、THE SHIGA BANK，LTD．、Shimane bank Ltd.、Shinsei Bank, Limited、Suruga Bank Ltd.、The Dai-ichi Life Insurance Company, Limited、The Chiba Bank, Ltd.、THE TOTTORI BANK, LTD、The Higo Bank, Ltd.、The Hyakujushi Bank, Ltd.、The Yamagata Bank,Ltd、THE YAMANASHI CHUO BANK, LTD.、Resona Bank,Ltd.	Shinsei Bank, Limited Sustainable Impact Development Division,Sustainable Impact Assessment Department	Provide information to lenders and the general public at least once a year on the status of achievement of SPTs.	2021/7/26	Tranche A: 2 years Tranche B: 5 years	15 billion yen	1. increase in the number of foreign residents supported for employment 2. increase in the number of people who realize career change from labor-intensive sector to specialist human resources (IT human resources targeting engineers and science and engineering human resources) 3. increase in the number of people taking advantage of high quality educational programs for career advancement 4. increase in the number of specialists who can improve industrial productivity	Lending terms will vary depending on whether SPTs are met or not met.
Nipro Corporation	Crédit Agricole Corporate and Investment Bank	Rating & Investment Information, Inc.	・Disclose the progress of the SPT to the arranger/agent and lenders once a year. ・Notify the syndicate of arrangers/agents and lenders of the actual number of units sold overseas in writing annually.	2021/7/28	Tranche A: 7 years	7.6 billion yen	Number of Dialyzers sold outside Japan in FY2025 and FY2027 (target will not be disclosed for competitive reasons)	It is designed to step up the applicable interest rate if the SPT targets for FY2025 and FY2027 are not met.
Nipro Corporation	Crédit Agricole Corporate and Investment Bank	Rating & Investment Information, Inc.		2021/7/28	Tranche B: 10 years	7.4 billion yen
Nomura Real Estate Holdings, Inc.	Syndicated loan by 9 of the participating banks in the TSUBASA Alliance (Coordinator: The Chiba Bank, Ltd.）	Rating & Investment Information, Inc.	・Emissions from Scope 1, 2, and 3 (Categories 1 and 11), which make up the KPIs, are reported on Nomura Real Estate Holdings' sustainability website and in its CSR report, along with information on its sustainability policy and governance. ・All stakeholders, including lenders, have access to public information on the performance of KPI-1 and KPI-2 for each fiscal year, and this information is used to promote ongoing dialogue.	2021/7/30	-	11 billion yen	SPT-1: Reduce the amount of Scope 1 and 2 emissions by 35.0% compared to FY2019 by FY2030. SPT-2 : Reduce the amount of Scope 3 emissions (Category 1 and 11) by 35.0% compared to FY2019 by FY2030.	Preferential interest rate spread according to the achievement of SPTs.
JUNPUKAI (一般財団法人淳風会)	The Iyo Bank, Ltd.	IYOGIN REGIONAL ECONOMY RESEARCH CENTER,INC.	The borrower will consider publicizing the progress of the SPTs and other information. In addition, the lender will be kept informed of the latest information on the progress of the SPTs.	2021/7/30	3 years	0.5 billion yen	Increase the number of people receiving lifestyle-related disease prevention checkups by 8% or more compared to the previous fiscal year	The spread will remain the same even if SPTs are not achieved, but if they are achieved, the spread will narrow.
YAMATO JYUKEN, INC	SHIGA BANK, LTD.	Shigagin Keizai Bunka Center CO.,LTD.	Annually, until the fulfillment of obligations is completed, the status of achievement of SPTs will be checked in the prescribed form.	2021/7/31	-	0.2 billion yen	Achieve 80% of the commissioning rate for ZEH (Net Zero Energy House) every year from FY2021 to FY2025.	Lending conditions vary depending on the SPT achieved
Nagi Co., ltd.	The Chugoku Bank, Ltd.	Rating & Investment Information, Inc. Okayama Economic Research Institute	・Report to The Chugoku Bank once a year on the status of fund allocation (projects allocated, amount of funds), unallocated balance, and environmental improvement effects. ・At the time of reporting, the Okayama Economic Research Institute will confirm the validity of the report.	2021/8/12	5 years	0.1 billion yen	CO₂ reduction rate per net sales (%) FY2021 target: ▲3.0% compared to FY2020 FY2022 target: ▲3.0% compared to FY2021 FY2023 target: ▲3.0% compared to FY2022 FY2024 target: ▲3.0% compared to FY2023	The achievement of SPTs is checked once a year at the end of the month corresponding to the execution date of the loan contract as the reference date, and if the SPTs are achieved, the interest rate reduction specified in advance for each contract will be applied.
West Japan Railway Company	Sumitomo Mitsui Trust Bank, Limited	Japan Credit Rating Agency, Ltd.	●The following items will be disclosed at least once a year: ✓Updates on the performance of selected KPIs (including baseline assumptions) ✓Information useful for lenders to gauge the level of ambition of SPTs ●To the extent possible, disclose the following information： ✓A qualitative and quantitative description of the main factors that contributed to the improvement in performance/KPIs (including M&A activities, etc.). ✓Description of how improved performance will impact the sustainability of the borrower ✓Whether KPIs have been reevaluated, whether established SPTs have been revised, and whether baseline assumptions or the scope of KPIs have been changed.	2021/8/20	-	-	Reduce the JR West Group's CO₂ emissions (total volume basis, Scope 1 and 2) by 46% from the FY2013 level by FY2030.	SPT progress is monitored and interest rates are reviewed multiple times until the repayment date arrives, and loan terms and conditions are linked to SPT progress at each timing.
Sanbi Honda Hanbai Co. (三備ホンダ販売)	The Chugoku Bank, Ltd.	Rating & Investment Information, Inc. Okayama Economic Research Institute	・Report to The Chugoku Bank once a year on the status of fund allocation (projects allocated, amount of funds), unallocated balance, and environmental improvement effects. ・At the time of reporting, the Okayama Economic Research Institute will confirm the validity of the report.	2021/9/16	7 years	0.05 billion yen	Annual amount of renewable energy generated: 2022/5 year target: 61,364kwh 2023/5 year target: 92,045kwh 2024/5 year target: 92,045kwh 2025/5 year target: 92,045kwh 2026/5 year target: 92,045kwh 2027/5 year target: 92,045kwh ・Solar power generation equipment installed in each store ・Set a target of providing 50% of electricity for self-consumption	The achievement of SPTs is checked once a year at the end of the month corresponding to the execution date of the loan contract as the reference date, and if the SPTs are achieved, the interest rate reduction specified in advance for each contract will be applied.
Tokyo Century Corporation	Syndication method (Arranger: Mizuho Bank, Ltd.） The Dai-ichi Life Insurance Company, Limited、Meiji Yasuda Life Insurance Company、Nippon Life Insurance Company、SUMITOMO LIFE INSURANCE COMPANY、DAIDO LIFE INSURANCE COMPANY、Mizuho Bank, Ltd.	Japan Credit Rating Agency, Ltd.	The following items will be disclosed at least once a year ・Updates on the performance of selected KPIs (including baseline assumptions) ・Information useful for lenders to gauge the level of ambition of SPTs (e.g., information on the borrower's latest sustainability strategy and related KPI/ESG governance, as well as information on the analysis of KPIs and SPTs)	2021/9/24	5 years	22.5 billion yen	(1) Achieve the annual power generation and CO₂ reduction contribution targets of Kyocera TCL Solar LLC's solar power generation business (2) Achieve the assumed GHG reduction contribution (cumulative) target of the Japan Crediting Mechanism (JCM). (3) Maintain DX certification (Ministry of Economy, Trade and Industry)	The financial characteristics of the arrangement change depending on whether or not the predetermined SPTs for the selected KPIs are achieved.
Sanken Electric Co., Ltd.	Resona Bank,Ltd.	Japan Credit Rating Agency, Ltd.	The following items will be disclosed at least once a year ・Updates on the performance of selected KPIs (including baseline assumptions) ・Information useful for lenders to gauge the level of ambition of SPTs (e.g., information on the borrower's latest sustainability strategy and related KPI/ESG governance, as well as information on the analysis of KPIs and SPTs)	2021/9/27	3 years	10 billion yen	Reduce CO₂ emissions by 3% in FY2021, 11% in FY2022, and 12% in FY2023 (cumulative total of 12% compared to FY2020) for the Company and its domestic consolidated subsidiaries per fiscal year (total volume basis, Scope 1 and 2).	The financial characteristics of the arrangement change depending on whether or not the predetermined SPTs for the selected KPIs are achieved.
KYUSHU LEASING SERVICE CO., LTD.	THE NISHI-NIPPON CITY BANK, LTD.	Rating & Investment Information, Inc.	This loan requires KYUSHU LEASING SERVICE to disclose the progress of SPTs to the lender once a year as a compliance item of the loan agreement. By the end of June each year, the balance of assets covered by the loan from April to March of the previous year is compiled and the lender is notified in writing. This provides the lender with the latest information on the progress of SPTs.	2021/9/28	3 years	1 billion yen	Balance of environment-related operating assets at the end of the fiscal year ending March 31, 2022 and thereafter ※Environment-related operating assets refer to assets related to environmental consideration and energy saving, such as LED and EV vehicles and renewable energy power generation facilities (solar power plants, etc.) owned by KYUSHU LEASING SERVICE.	The base date for achieving the target has been set three times between the end of FY2021 and the end of FY2023, and it is designed so that the loan interest rate will be reduced if the SPTs are achieved and increased if they are not.
Yoshimei Co., Ltd.	SHIGA BANK, LTD.	Shigagin Keizai Bunka Center CO.,LTD.	Yoshimei will submit a written report on the achievement of the SPT to the lenders.	2021/9/28	-	-	Percentage of domestic lumber used in the manufacture of glued laminated wood	Lending conditions vary depending on the SPT achieved
Tokyo Century Corporation	Syndication method (Arranger: The Norinchukin Trust & Banking Co.,Ltd.） Hokkaido Credit Agricultural Cooperative Union（北海道信用農業協同組合連合会）、Tokyo Credit Agricultural Cooperative Union（東京都信用農業協同組合連合会）、Kanagawa Credit Agricultural Cooperative Union（神奈川県信用農業協同組合連合会）、Osaka Credit Agricultural Cooperative Union（大阪府信用農業協同組合連合会）、Kagoshima Credit Agricultural Cooperative Union（鹿児島県信用農業協同組合連合会）、The Norinchukin Bank	Japan Credit Rating Agency, Ltd.	The following items will be disclosed at least once a year ・Updates on the performance of selected KPIs (including baseline assumptions) ・Information useful for lenders to gauge the level of ambition of SPTs (e.g., information on the borrower's latest sustainability strategy and related KPI/ESG governance, as well as information on the analysis of KPIs and SPTs)	2021/9/30	5 years	10 billion yen	(1) Achieve the annual power generation and CO₂ reduction contribution targets of Kyocera TCL Solar LLC's solar power generation business (2) Achieve the assumed GHG reduction contribution (cumulative) target of the Japan Crediting Mechanism (JCM). (3) Maintain DX certification (Ministry of Economy, Trade and Industry)	The financial characteristics of the arrangement change depending on whether or not the predetermined SPTs for the selected KPIs are achieved.
WATAMI CO., LTD.	The Bank of Yokohama,Ltd.	Rating & Investment Information, Inc.	Watami will report to lenders once a year on the disclosure of SPT progress. This will provide the lenders with the latest information on the progress of SPT. In addition, progress will be disclosed on Watami's website. The lender will be able to obtain the latest information on the achievement of the SPT.	2021/9/30	7 years	0.3 billion yen	Obtain certification for the recycling business plan at all five of WATAMI's lunchbox factories by September 2026. (Number of certified factories as of the end of September 2021: 2)	The decision date for achieving the target has been set at the end of September 2026. The lenders are designed to monitor the achievement of the SPT and reduce the loan interest rate if it is achieved.
Chugoku Kaihatsu (中國開發)	The Chugoku Bank, Ltd.	Rating & Investment Information, Inc. Okayama Economic Research Institute	・Report to The Chugoku Bank once a year on the status of fund allocation (projects allocated, amount of funds), unallocated balance, and environmental improvement effects. ・At the time of reporting, the Okayama Economic Research Institute will confirm the validity of the report.	2021/9/30	7 years	0.1 billion yen	Annual amount of renewable energy generated: Target for 2022/9: 17,732 kwh or more Target for 2023/9: 35,464 kwh or more Target for 2024/9: 35,464 kwh or more Target for 2025/9: 35,464 kwh or more Target for 2026/9: 35,464 kwh or more Target for 2027/9: 35,464 kwh or more	Depending on the achievement of SPT, the applicable interest rate will be reduced by up to 0.2% per year.
Kumagai Gumi Co.,Ltd.	The Gunma Bank,Ltd.	Rating & Investment Information, Inc.	As part of Kumagai's compliance with the loan agreement, the lender is required to report the progress of the SPT once a year. By the end of September each year, the lender is notified in writing of the number of renewable energy projects operated from April to March of the previous year. This will provide lenders with up-to-date information on the achievement of the SPT.	2021/9/30	-	-	Achieve five renewable energy projects (in Japan) by the fiscal year ending March 31, 2024	The loan interest rate is designed to be lowered if 5 renewable energy projects are completed at the end of each fiscal year.
Hamagin Finance Co., Ltd.	The Bank of Yokohama,Ltd.	Rating & Investment Information, Inc.	Under the terms of the loan agreement, Hamagin Finance is required to report to the Bank of Yokohama on the progress of the SPT by the end of June each year. This provides the Bank of Yokohama with up-to-date information on the progress of the SPT.	2021/9/30	7 years	5 billion yen	Achieve 1,260 million yen in new contracts (leases, installments, and consigned payments) for commercial products that contribute to energy conservation and decarbonization in the fiscal year ending March 2025	It is designed to raise interest rates if SPT for FY2025 is not met.
Yamaichi Metal Corp.	THE SHIZUOKA BANK, LTD.	Japan Credit Rating Agency, Ltd.	Yamaichi Metal plans to disclose the performance of the KPIs to the lenders and JCR after the end of each fiscal year, with the actual results for the relevant fiscal year attached to the books of the previous fiscal year. In addition, the percentage of tablet sales volume established in the loan will be subject to volume verification by the tax accountant conducting the accounting audit.	2021/9/30	-	0.3 billion yen	Ratio of tablets to total sales volume of Yamaichi Metals to be more than 80%	The financial characteristics of the arrangement change depending on whether or not the predetermined SPTs for the selected KPIs are achieved.
Sennaritei (千成亭風土)	SHIGA BANK, LTD.	Shigagin Keizai Bunka Center CO.,LTD.	・SPTs are written in an action plan submitted to Shiga Prefecture, and a copy is submitted to the lender. ・The action plan is disclosed on the Shiga Prefecture website. ・Progress will be described in an action report to be submitted to Shiga Prefecture once a year, and a copy will be submitted to the lender. ・The action report is also disclosed on the Shiga Prefecture website. ・Information on SPTs is disclosed to the public.	2021/9/30	-	0.1 billion yen	Reduction rate of CO₂ emissions (per-unit basis): Set stepwise targets to achieve a 37% reduction (compared to FY 2013) in FY 2030.	Lending conditions vary depending on the SPT achieved
SHINKO SEIKI CO., LTD.	SHIGA BANK, LTD.	Shigagin Keizai Bunka Center CO.,LTD.	・SPTs are written in an action plan submitted to Shiga Prefecture, and a copy is submitted to the lender. ・The action plan is disclosed on the Shiga Prefecture website. ・Progress will be described in an action report to be submitted to Shiga Prefecture once a year, and a copy will be submitted to the lender. ・The action report is also disclosed on the Shiga Prefecture website. ・ Information on SPTs is disclosed to the public.	2021/9/30	5 years	0.15 billion yen	Reduction rate of CO₂ emissions (per-unit basis) at the Shiga Moriyama Plant and the company as a whole: Set targets in stages to achieve a 37% reduction (compared to fiscal 2013) in FY2030.	Lending conditions vary depending on the SPT achieved
Harada transport (原田運送)	The Chugoku Bank, Ltd.	Rating & Investment Information, Inc. Okayama Economic Research Institute	・Report to The Chugoku Bank once a year on the status of fund allocation (projects allocated, amount of funds), unallocated balance, and environmental improvement effects. ・At the time of reporting, the Okayama Economic Research Institute will confirm the validity of the report.	2021/10/1	5 years	0.05 billion yen	CO₂ reduction rate per net sales (%) FY2022 target: 1.25% reduction compared to FY2021 FY2023 target: 1.25% reduction compared to FY2022 FY2024 target: 1.25% reduction compared to FY2023 FY2025 target: 1.25% reduction compared to FY2024	Depending on the achievement of SPT, the applicable interest rate will be reduced by up to 0.2% per year.
MEIDENSHA CORPORATION	Sumitomo Mitsui Banking Corporation	The Japan Research Institute, Limited. DNV GL BUSINESS ASSURANCE JAPAN K.K.	Meidensha plans to disclose the status of achievement of SPTs through the publication of the Meidensha Report. In addition, it plans to disclose the results of third-party verification of GHG emissions (Scope 1+2) from its business activities on its website every year.	2021/10/1	-	-	GHG emissions from business activities (Scope 1+2) (Japan): ▲3% (compared to FY2019)	If the SPTs are achieved and improvements are made, Meidensha may request the Japan Research Institute, through SMBC, to evaluate and issue a written opinion that the Meidensha Group is making progress in its efforts to improve its sustainability management. Meidensha will also be exempted from the costs associated with the issuance of the opinion.
Eco Style Co.,Ltd.	SHIGA BANK, LTD.	Shigagin Keizai Bunka Center CO.,LTD.	Ecostyle will notify the lender in writing by the end of July every year of the KPI results for the period from April to March of the previous year, after the results have been compiled and verified by a third party.The lender will be able to obtain the latest information on the achievement status of SPT.	2021/10/26	-	-	「Annual target for the number of low-voltage photovoltaic panels installed (single year or cumulative total)」 This is a measurement of the total number of solar panel capacities installed by Ecostyle, including those for which only installation was performed without sales of panels.	Lending conditions vary depending on the SPT achieved
Sanyo Homes Corporation	SHIGA BANK, LTD.	Rating & Investment Information, Inc.	The results of KPI measurements for the period April to March of the previous year will be notified to the arranger/agent, Shiga Bank, and all lenders by the end of July each year.　The lender will be able to obtain the latest information on the achievement status of SPT.	2021/10/27	-	1.5 billion yen	The ZEH ratio for detached houses is set at 76% for the fiscal year ending March 2022 (April 1, 2021 to March 31, 2022) and 77% for the fiscal year ending March 2023 (April 1, 2022 to March 31, 2023).	Lending conditions vary depending on the SPT achieved
MINO Industry (美濃工業)	The Juroku Bank, Ltd.	Rating & Investment Information, Inc.	Report in writing to the lender on the achievement of the SPTs by the end of June of each year or such other date as the lender may reasonably designate.	2021/11/4	-	-	Increase the share of sales of electrification components in the total products manufactured by Mino Industry by 2% per year for 10 years from 14% in the fiscal year ending February 28, 2022.	It is designed to reduce the interest rate every year if the SPTs are achieved.
Japan Real Estate Investment Corporation	The Norinchukin Bank	Japan Credit Rating Agency, Ltd.	●The following items will be disclosed at least once a year ・Updates on the performance of selected KPIs (including baseline assumptions) ・Information useful for lenders to gauge the level of ambition of SPTs ● Disclose the following information to the extent possible ・A qualitative and quantitative description of the main factors that contributed to the improvement in performance/KPIs (including M&A activities, etc.) ・Explanation of how improved performance will impact the borrower's sustainability ・Whether or not KPIs are reevaluated, whether or not established SPTs are revised, and whether or not baseline assumptions or the scope of KPIs are changed	2021/11/15	10 years	5 billion yen	KPI1: Reduction in CO₂ emissions compared to FY2013 results SPT1: FY2030 target: 35% reduction from FY2013 levels KPI2: Number of buildings certified as ZEB under BELS (including Nearly ZEB, ZEB Ready, and ZEB Oriented buildings) SPT2: FY2030 target: 5 buildings	The financial characteristics will change depending on whether or not the predetermined SPTs for the selected KPIs are achieved.
TOHKAI SHIPBUILDING & ENGINEERING CO.LTD	The Iyo Bank, Ltd.	IYOGIN REGIONAL ECONOMY RESEARCH CENTER,INC.	The borrower will consider publicizing the progress of the SPTs and other information. In addition, the lender will be kept informed of the latest information on the progress of the SPTs.	2021/11/15	10 years	0.16 billion yen	Total CO₂ emissions, electricity consumption, gasoline consumption, light oil consumption, and LP gas consumption per unit of sales will be reduced by 46% between 2018 and 2030, which is the base year, and converted into an annual reduction target of 3.83%.	A commemorative gift will be presented by the lender to the borrower based on the achievement of the SPTs (number of items achieved in each year). (No gift will be given if the SPTs have not been achieved.)
Nakajima Chemical (有限会社中島化学)	The Juroku Bank, Ltd.	Rating & Investment Information, Inc.	As part of the compliance requirements of the loan agreement, Nakashima Chemical is required to report annually on the progress of the SPTs to the provider of funds. Each year, a document confirming the figures for the SPTs determination must be submitted at least 10 business days prior to the SPTs determination date.	2021/11/24	-	-	Sales of new products manufactured using recycled plastic materials (trays that support parts at automobile plants)	It is designed to look at the achievement of SPTs every year and reduce interest rates if they are achieved, or restore them if they are not.
GPSS Holdings Inc.	JA Mitsui Leasing, Ltd.	Japan Credit Rating Agency, Ltd.	GPSS Holdings plans to regularly update and disclose its KPI and SPT performance in its annual sustainability report and on the GPSS Holdings sustainability page. It also plans to have its performance on SPT verified by an external third party.	2021/11/30	5 years	2 billion yen	By 2030, achieve a cumulative greenhouse gas emissions avoidance of 720,000 tons (approximately 12 times the 2020 level).	The financial characteristics of the arrangement change depending on whether the SPT is achieved or not.
RICOH LEASING COMPANY, LTD.	Sumitomo Mitsui Trust Bank, Limited	Japan Credit Rating Agency, Ltd.	●The following items will be disclosed at least once a year ・Updates on the performance of selected KPIs (including baseline assumptions) ・Information useful for lenders to gauge the level of ambition of SPTs ● Disclose the following information to the extent possible ・A qualitative and quantitative description of the main factors that contributed to the improvement in performance/KPIs (including M&A activities, etc.) ・Explanation of how improved performance will impact the borrower's sustainability ・Whether or not KPIs are reevaluated, whether or not established SPTs are revised, and whether or not baseline assumptions or the scope of KPIs are changed	2021/11/30	-	-	・Reduce CO₂ emissions (on a gross basis, Scope 1 and 2) to below 773.8 t-CO₂ in FY2022, 728.4 t-CO₂ in FY2023, and 683.0 t-CO₂ in FY2024. ・Maintain a leadership level (A, A-) in the CDP climate change score.	The financial characteristics of the arrangement change depending on whether the SPT is achieved or not.
Ishizaki Shoten （石崎商店）	Syndication method (Arranger:The Higo Bank, Ltd.) The Higo Bank, Ltd.、THE NISHI-NIPPON CITY BANK, LTD.、The Shoko Chukin Bank，Ltd.、The Kumamoto Bank, Ltd、THE BANK OF SAGA LTD.、THE KAGOSHIMA BANK, LTD	Rating & Investment Information, Inc.	Ishizaki Shoten will disclose the progress of the SPT to the arranger/agent and lenders on an annual basis. Ishizaki Shoten will disclose on its website the KPI values, KPI calculation methods, and level of ambition as verified by the District Economics Research Institute of Kumamoto Area.	2021/11/30	-	2.9 billion yen	Annual amount of waste received in the prefecture (amount processed within the region) FY2023 11,700 tons FY2024 19,700 tons FY2025 23,700 tons FY2026 onwards 25,000 tons	If the SPT is achieved, which is set annually starting in 2024, the applicable interest rate will be preferential.
Fine Sinter Co., Ltd.	THE SHIGA BANK，LTD.	Rating & Investment Information, Inc.	By the end of July each year, the results of KPI measurement for the period from April to March of the previous fiscal year will be notified to the arranger/agent, Shiga Bank, and all lenders.	2021/12/2	5 years	0.5 billion yen	Reduction rate of CO₂ emissions (40% reduction by 2025, 50% reduction by 2030 on a consolidated basis in Japan, compared to 2013)	Lending conditions vary depending on the SPT achieved.
NISSHA	Mizuho Bank, Ltd.、The Bank of Kyoto, Ltd., MUFG Bank, Ltd.	Rating & Investment Information, Inc.	Report on the progress of SPT to lenders once a year. With regard to CO₂ emission data for Scope 1 and 2, which are KPIs, the figures will be reported in writing to the lenders and disclosed in the Sustainability Report posted on the website by the end of June each year.	2021/12/3	-	10 billion yen	Reduce CO₂ emissions by 3% annually by the fiscal year ending December 31, 2025, compared to 2020 levels.	It is designed to reduce the loan terms for subsequent interest calculation periods based on the achievement of the CO₂ reduction rate at the end of each fiscal year at the end of December each year.
Imabari Yume Village （今治．夢ビレッジ）	The Iyo Bank, Ltd. Ehime Shinkin Bank	Japan Credit Rating Agency, Ltd.	●The following items will be disclosed at least once a year ・Updates on the performance of selected KPIs (including baseline assumptions) ・Information useful for lenders to gauge the level of ambition of SPTs ● Disclose the following information to the extent possible ・A qualitative and quantitative description of the main factors that contributed to the improvement in performance/KPIs (including M&A activities, etc.) ・Explanation of how improved performance will impact the borrower's sustainability ・Whether or not KPIs are reevaluated, whether or not established SPTs are revised, and whether or not baseline assumptions or the scope of KPIs are changed	2021/12/10	20 years	1.4 billion yen	SPT 1: Stadium attendance rate of 75.0% or higher SPT 2: Promotion to J1 in the J-League category SPT 3: Number of partners (sponsors): 450 or more SPT 4: Number of paying members of FC IMABARI Sailors' Club (fan club): 5,000 or more SPT 5: Number of participants in annual events (Earthland environmental education, outdoor training, soccer classes/schools, etc.): 10,000 or more	The financial characteristics of the arrangement change depending on whether the SPT is achieved or not.
YASUNARI Co.,LTD.	THE YAMAGUCHI BANK, LTD.	Rating & Investment Information, Inc.	・YASUNARI Co.,LTD. will submit to THE YAMAGUCHI BANK, LTD. a document confirming the performance of KPIs for the previous year by the end of October of each year. ・YASUNARI Co.,LTD. will disclose the numerical values on which the actual KPIs are based in　"Environmental Activity Report" of the Eco Action 21 .	2021/12/15	5 years	0.2 billion yen	(1) Reduce carbon dioxide emissions from business activities to 440.0 t-CO₂ or less by 2023. (2) Achieve 60% or more of the OM solar system installation rate (three-year moving average) in 2023.	If any or all SPTs are satisfied on the SPTs judgment date (end of December 2023), specified interest rate incentives are applied according to the sufficiency of SPTs after December 30, 2024.
MASH Holdings Co.,Ltd.	Mizuho Bank, Ltd.	Rating & Investment Information, Inc.	MASH Holdings Co.,Ltd. will disclose the progress of the SPT to Mizuho Bank, Ltd. once a year.	2021/12/17	3 years	0.3 billion yen	Obtaining the Platinum Eruboshi certification ※the Platinum Eruboshi certification is granted to companies that have received Eruboshi certification (A certification system under which the Ministry of Health, Labor and Welfare certifies companies that meet certain standards and have excellent conditions for promoting the activities of women, based on the Law Concerning the Advancement of Women in Employment.), and meet certain requirements, such as achieving the goals of the general business owner's action plan and implementing initiatives to promote women's activities.	During the loan period, incentives are provided to change interest rate conditions in accordance with the progress of the phased initiative to obtain Eruboshi certification.
Ichigo Inc.	Mizuho Bank, Ltd.	Rating & Investment Information, Inc.	As a commitment in the loan agreement, the agent and all lenders through the agent will be provided with materials showing the achievement of the SPT as verified by a third party in the immediately preceding period by the SPT reporting deadline. KPIs and targets will also be disclosed on Ichigo's webpage.	2021/12/17	10 years	9 billion yen	Make 100% renewable energy consumed by business activities by 2025	Give incentives to change interest rate conditions according to the achievement of SPT
Ichigo Inc.	Mizuho Bank, Ltd. Asahi Shinkin Bank THE SHIGA BANK, LTD. THE SHIZUOKA BANK, LTD. Hiroshima Bank, Ltd. The Fukuho Bank, Ltd.	Rating & Investment Information, Inc.		2021/12/17	7 years	4 billion yen
Tokyo Century Corporation	Syndication method (Arranger: MUFG Bank, Ltd.) (Co-Arranger：THE SHIZUOKA BANK, LTD.） THE SHIZUOKA BANK, LTD.、THE BANK OF FUKUOKA., LTD.、The Akita Bank,Ltd.、The 77 Bank, Ltd.、THE HACHIJUNI BANK,LTD.、The Joyo Bank, Ltd.、THE NANTO BANK，LTD.、The Chiba Bank, Ltd.、MUFG Bank, Ltd.	Rating & Investment Information, Inc.	・Tokyo Century Corporation will submit to all lenders, through its loan agent, MUFG Bank, Ltd., a document that confirms JCM's assumed (cumulative) contribution to GHG reduction, as well as the rate of annual paid leave and the rate of male employees taking parental leave. ・In addition, Tokyo Century Corporation will disclose the results of KPIs in its annual Sustainability Data Book and other publications.	2021/12/22	4 years	58 billion yen	(1) Achieve the assumed GHG reduction contribution (cumulative) target of 49,000 tons under the bilateral credit system (JCM) by the end of December 2023. (2) Maintain an annual paid leave acquisition rate of 70% or more for the employees (3) Maintain 100% male childcare leave acquisition rate for the employees	If all SPTs are satisfied on the SPTs sufficiency judgment date (end of May 2024), the designated interest rate incentive will be applied for each interest calculation period starting on or after June 27, 2024. The applicable conditions are linked to the judgment results of SPTs and function as an economic incentive for Tokyo Century.
Ryutsu (リューツー)	North Pacific Bank,Ltd.	Rating & Investment Information, Inc.	Once a year, lenders are required to report the progress of the SPT, and the figures for the KPI of employment of foreign employees are reported to the lenders in writing.	2021/12/22	-	-	Aim to improve the ratio of foreign employees by the fiscal year ending December 2030	If the SPT is achieved, the loan terms are designed to reduce the interest rate for the next year from the business day following the contracted repayment date, which arrives six months after the closing date, to the initial applicable interest rate x 0.9.
ETP holdings Co.,Ltd.	The Iyo Bank, Ltd.	IYOGIN REGIONAL ECONOMY RESEARCH CENTER,INC.	The borrower will consider publicizing the progress of the SPTs and other information. In addition, the lender will be kept informed of the latest information on the progress of the SPTs.	2021/12/24	-	-	Sales ratio of electric vehicles (including next-generation vehicles)	The spread will remain the same even if SPTs are not achieved, but if they are achieved, the spread will narrow.
TAISEI CORPORATION	Development Bank of Japan Inc.	-	TAISEI CORPORATION will report annually to DBJ the latest information on the progress and achievement of SPT performance. In addition, information on the achievement of SPT and information on third-party verification will be disclosed to the public on a regular basis through the website and integrated reports.	2021/12/24	5 years	-	Operation stage: Increase the CO₂ forecast emission reduction rate for design and construction projects to 43% in FY2023 (compared to FY1990)	Loan agreements and memorandums stipulate the linkage between SPT achievement status and lending conditions, etc.
SAKAKIBARA SEIKI CO.,LTD	The Bank of Nagoya, Ltd.	Rating & Investment Information, Inc.	Once a year, the achievement of SPTs will be checked with the value of the company's fiscal year. Sakakibara Seiki will report to The Bank of Nagoya after receiving confirmation from a third-party specialized agency.	2021/12/28	5 years	0.1 billion yen	Reduce CO₂ emissions by 50% by 2030 compared to fiscal 2018	Apply preferential interest rates when SPTs are achieved.
Starfield Co., Ltd.	The Chugoku Bank, Ltd	Rating & Investment Information, Inc. Okayama Economic Research Institute	・Report to The Chugoku Bank once a year on the status of fund allocation (projects allocated, amount of funds), unallocated balance, and environmental improvement effects. ・At the time of reporting, the Okayama Economic Research Institute will confirm the validity of the report.	2022/1/4	-	-	Percentage increase in sales volume of environmentally friendly products <Target> (compared to previous year) FY2022: 10% FY2023: 10% FY2024: 10% FY2025: 10% FY2026 10%	Applicable interest rates are reduced by up to 0.2% per year, depending on the achievement of SPT.
Mitsui Fudosan Co., Ltd.	Sumitomo Mitsui Banking Corporation	Rating & Investment Information, Inc.	Mitsui Fudosan will disclose its KPI results as public information in its annual ESG report and other publications, regardless of whether SPT has made a judgment.	2022/1/13	-	-	Reduce total greenhouse gas emissions in Scope 1 + Scope 2 by 46.2% by FY2030 (compared to FY2019)	The interest rate terms are linked to the SPT decision results and act as economic incentives and disincentives for Mitsui Fudosan.
Mitsui Fudosan Co., Ltd.	The Gunma Bank,Ltd.	Rating & Investment Information, Inc.	Mitsui Fudosan will disclose its KPI results as public information in its annual ESG report and other publications, regardless of whether SPT has made a judgment.	2022/1/13	-		Reduce total greenhouse gas emissions in Scope 1 + Scope 2 by 46.2% by FY2030 (compared to FY2019)	The interest rate terms are linked to the SPT decision results and act as economic incentives and disincentives for Mitsui Fudosan.
Mitsui Fudosan Co., Ltd.	The Dai-ichi Life Insurance Company, Limited	Rating & Investment Information, Inc.	Mitsui Fudosan will disclose its KPI results as public information in its annual ESG report and other publications, regardless of whether SPT has made a judgment.	2022/1/13	20 years		Reduce total greenhouse gas emissions in Scope 1 + Scope 2 by 46.2% by FY2030 (compared to FY2019)	The interest rate terms are linked to the SPT decision results and act as economic incentives and disincentives for Mitsui Fudosan.
MAKENGINEERING　CORPORATION	The Chugoku Bank, Ltd	Rating & Investment Information, Inc. Okayama Economic Research Institute	・Report to The Chugoku Bank once a year on the status of fund allocation (projects allocated, amount of funds), unallocated balance, and environmental improvement effects. ・At the time of reporting, the Okayama Economic Research Institute will confirm the validity of the report.	2022/1/26	-	-	Increase in shipments of flow reactor-related products, which are environmentally friendly products: <Target> (compared to FY2021) FY2022: 20% FY2023: 40% FY2024 60% FY2025 80% FY2026 100% FY2027 120%	Applicable interest rates are reduced by up to 0.2% per year, depending on the achievement of SPT.
RICOH LEASING COMPANY, LTD.	Development Bank of Japan Inc.	Japan Credit Rating Agency, Ltd.	Ricoh Leasing will disclose the performance of KPIs and SPTs on a regular basis after the end of each fiscal year in the annual integrated report and on the web page of Ricoh Leasing. The figures will be reported separately to the Development Bank of Japan, the lender.	2022/1/27	-	-	(1) Reduce CO₂ emissions (Scope 1 and 2) to 814.5t-CO₂ in FY2021, 773.8t-CO₂ in FY2022, 728.4t-CO₂ in FY2023, 683.0t-CO₂ in FY2024, 637.0t-CO₂ in FY2025, 592.2t-CO₂ or less in FY2026. (2) Maintain the leadership level (A, A-) in the CDP climate change score	The loan is structured in such a way that its financial characteristics vary depending on whether or not it achieves predetermined SPTs for selected KPIs.
Hokutaku co.,Ltd	Mizuho Bank, Ltd.	Rating & Investment Information, Inc.	Hokutaku is required to report to Mizuho Bank at least once a year.	2022/1/31	26 years and 2 months	0.7 billion yen	Achievement of goals related to "SBT Certification for Small and Medium Enterprises ". The new SBT certification, launched by the Science Based Targets initiative　on April 15, 2020, for small and medium-sized enterprises　that are independent, non-subsidiary companies with less than 500 employees.	Interest rate conditions vary depending on SPT achievement.
Kanayama Kasei Co., Ltd.	The Bank of Nagoya, Ltd.	Rating & Investment Information, Inc.	Once a year, the achievement of SPTs will be checked with the value of the company's fiscal year. Kanayama Kasei will report to The Bank of Nagoya after receiving confirmation from a third-party specialized agency.	2022/1/31	5 years	0.05 billion yen	Reduce CO₂ emissions by 50% by 2030 compared to 2018	Apply preferential interest rates when SPTs are achieved.
A3	Saitama Resona Bank,Limited	Rating & Investment Information, Inc.	A3 reports the achievement status of SPTs once a year with the value of the company's fiscal year to Saitama Resona Bank in the prescribed form.	2022/2/8	5 years	0.1 billion yen	100% of male employees take parental leave	Incentives are given to change the terms of the next loan fee according to the progress of SPTs.
Mitsui Fudosan Co., Ltd.	Syndication method (Arranger: The Norinchukin Trust & Banking Co.,Ltd.） Hokkaido Credit Agricultural Cooperative Union（北海道信用農業協同組合連合会）、Kanagawa Credit Agricultural Cooperative Union（神奈川県信用農業協同組合連合会）、Shizuoka Credit Agricultural Cooperative Union（静岡県信用農業協同組合連合会）、Mie Credit Agricultural Cooperative Union（三重県信用農業協同組合連合会）、Kyoto Credit Agricultural Cooperative Union（京都府信用農業協同組合連合会）、Osaka Credit Agricultural Cooperative Union（大阪府信用農業協同組合連合会）、Hyogo Credit Agricultural Cooperative Union（兵庫県信用農業協同組合連合会）、The Norinchukin Bank	Rating & Investment Information, Inc.	Mitsui Fudosan will disclose its KPI results as public information in its annual ESG report and other publications, regardless of whether SPT has made a judgment.	2022/2/24	-	-	Reduce total greenhouse gas emissions in Scope 1 + Scope 2 by 46.2% by FY2030 (compared to FY2019)	The interest rate terms are linked to the SPT decision results and act as economic incentives and disincentives for Mitsui Fudosan.
Nipro Corporation	Syndication method (Arranger: The Norinchukin Trust & Banking Co.,Ltd.） Hokkaido Credit Agricultural Cooperative Union（北海道信用農業協同組合連合会）、Saitama Credit Agricultural Cooperative Union（埼玉県信用農業協同組合連合会）、Tokyo Credit Agricultural Cooperative Union（東京都信用農業協同組合連合会）、Niigata Credit Agricultural Cooperative Union（新潟県信用農業協同組合連合会）、Nagano Credit Agricultural Cooperative Union（長野県信用農業協同組合連合会）、Shizuoka Credit Agricultural Cooperative Union（静岡県信用農業協同組合連合会）、Kyoto Credit Agricultural Cooperative Union（京都府信用農業協同組合連合会）、Hyogo Credit Agricultural Cooperative Union（兵庫県信用農業協同組合連合会）、Wakayama Credit Agricultural Cooperative Union（和歌山県信用農業協同組合連合会）、Kagawa Credit Agricultural Cooperative Union（香川県信用農業協同組合連合会）、Miyazaki Credit Agricultural Cooperative Union（宮崎県信用農業協同組合連合会）、Kagoshima Credit Agricultural Cooperative Union（鹿児島県信用農業協同組合連合会）、The Norinchukin Bank	Rating & Investment Information, Inc.	By the end of July each year, Nipro shall total up the actual number of pre-filled syringes sold from April to March of the previous year and notify the agent, The Norinchukin Bank, and the syndicate of lenders in writing.	2022/2/28	7 years	10 billion yen	Average annual growth rate of unit sales of pre-filled syringes* from FY2020 to FY2025 *Pre-filled syringes are injectable drugs that are pre-filled with medication, and are used to prevent medical errors and improve the operational efficiency of medical facilities.	The lending terms are linked to NIPRO's performance against the SPT, providing an incentive to achieve the SPT target.
XSOL CO., LTD.	The Bank of Kyoto, Ltd.	Rating & Investment Information, Inc.	XSOL will report annually to the lender on the progress of the SPT. Data on the KPI "annual shipment of photovoltaic modules (solar panels, etc.)" will be reported in writing to the lender and posted on the website by the end of September each year.	2022/2/28	5 years	0.3 billion yen	Increase annual solar module shipments from 400 MW in FY05/10 to 720 MW in FY05/26	The lending terms are linked to XSOL's performance against the SPT, providing an incentive to achieve the SPT target.
Techno Home Nagano （テクノホーム長野）	THE HACHIJUNI BANK,LTD.	Rating & Investment Information, Inc.	Techno Home Nagano is required to submit materials showing the achievement of the SPT verified by a third party in the immediately preceding period by the SPT reporting deadline. The KPIs and targets will be disclosed on Technohome Nagano's webpage, and the information will also be made public using the ZEH Builder/Planner Registration System of the Initiative for Sustainable Co-creation of Environment and Innovation.	2022/2/28	-	0.1 billion yen	ZEH ratio of detached houses by year (including Nearly ZEH) FY2023: 30% FY2024: 35% FY2025: 55%	Lending terms and conditions are linked to Technohome Nagano's positive performance on the SPT, which is an incentive to achieve the SPT's goals.
HEIWA REAL ESTATE CO.,LTD.	Resona Bank, Limited.	Japan Credit Rating Agency, Ltd. Evaluation Section, Sustainability Promotion Department, Shinsei Bank, Limited.	Information on the achievement of the SPT is to be provided at least annually to both the lender and the general public for this loan.	2022/2/28	-	7 billion yen	Reduce group-wide greenhouse gas (GHG) emissions by 50% by FY2030 (compared to FY18)	Lending terms vary depending on the achievement or non-achievement of SPTs
HEIWA REAL ESTATE CO.,LTD.	Aozora Bank, Ltd.
HEIWA REAL ESTATE CO.,LTD.	Sumitomo Mitsui Trust Bank, Limited
HEIWA REAL ESTATE CO.,LTD.	Shinsei Bank, Limited.
Kokusan Spring Industrial Co.,Ltd.	THE SHIGA BANK，LTD.	Shigagin Keizai Bunka Center CO.,LTD.	・The SPT is included in the action plan to be submitted to Shiga Prefecture, and a copy is submitted to the lender. ・The action plan is made public on the Shiga Prefecture website. ・The progress will be described in an action report to be submitted to Shiga Prefecture once a year, and a copy of the report will be submitted to the lender. ・The action report is also made public on the Shiga Prefecture website. ・Information on SPT is disclosed to the public.	2022/2/28	-	0.1 billion yen	Reduction rate of CO₂ emissions (on a per-unit basis): Set targets in stages to achieve a 50% reduction (compared to FY2013) in FY2030	Lending conditions vary depending on the achievement of SPT
HOWA HOLDINGS （宝和ホールディングス）	The Chugoku Bank, Ltd	Rating & Investment Information, Inc. Okayama Economic Research Institute	・Report to The Chugoku Bank once a year on the status of fund allocation (projects allocated, amount of funds), unallocated balance, and environmental improvement effects. ・At the time of reporting, the Okayama Economic Research Institute will confirm the validity of the report.	2022/2/28	-	-	CO₂ reduction rate per net sales <Target> (compared to previous year) FY2022 -1.5% FY2023: -1.5% FY2024: -1.5% FY2025: -1.5%	Applicable interest rates are reduced by up to 0.2% per year, depending on the achievement of SPT.
tomizawa-shoten (富澤商店)	The Chiba Bank, Ltd.	Chibagin Research Institute Corporation	Once a year, the status of achievement of SPTs will be checked in a prescribed form. Reporting information will not be made public.	2022/2/28	-	0.1 billion yen	CO₂ emissions reduction rate per ton of scrap handled <Target> (compared to FY2021) FY2021: -1%, FY2022: -4%, FY2023: -7%, FY2024: -10%, FY2025: -13%	In principle, the SPTs' achievement status is checked on an annual basis, and a mechanism is set up to lower or raise interest rates depending on the status of achievement.
YAMATO JYUKEN, INC	The Hyakujushi Bank, Ltd.	Rating & Investment Information, Inc.	YAMATO JYUKEN, INC will report to The Hyakujushi Bank once a year in the prescribed form on (1) the outline and implementation status of the project, (2) the effects of environmental improvement and the effects of solving social issues, and (3) the amount appropriated for the project and the unappropriated balance.	2022/2/28	5 years	0.1 billion yen	ZEH commission rate	In principle, the progress of the SPTs will be checked on an annual basis, and the interest rate will be reduced according to the progress of the SPTs.
Mitsubishi Estate Logistics REIT Investment Corporation (MEL)	The Norinchukin Bank	Japan Credit Rating Agency, Ltd.	MEL plans to disclose the performance of KPIs to lenders, etc. on its website, etc. after the end of each fiscal year. At that time, third-party verification from an external certification organization is scheduled to be obtained for disclosure items related to CO₂ emissions (per-unit) and energy consumption (per-unit). In cases where there are delays in progress due to unforeseen circumstances, analysis of the causes and future measures will also be considered for disclosure to the lender.	2022/3/1	10 years	2 billion yen	① 30% reduction of CO₂ emissions (per unit production) from 0.025t-CO₂/m2 in FY2017 ② 100% of properties with green building certification ③ 15% reduction from actual energy consumption (per unit) of 50.20 kWh/m2 in FY2017 ④ Achieve a GRESB Real Estate Rating of 4 stars or higher continuously from the date of loan origination.	The loan is structured in such a way that its financial characteristics vary depending on whether or not it achieves predetermined SPTs for selected KPIs.
NIHON HI-HEAT ENGINEERING	The Iyo Bank, Ltd.	IYOGIN REGIONAL ECONOMY RESEARCH CENTER,INC.	The borrower will consider publicizing the progress of the SPTs and other information. In addition, the lender will be kept informed of the latest information on the progress of the SPTs.	2022/3/8	15 years and 8 months	0.165 billion yen	① CO₂ emissions per gross building floor area: 4.18% reduction per year between 2019 and 2036 ② Number of orders for LNG-fueled and zero-emission vessels: 2 orders per year	Achievement of SPTs is linked to lending conditions.
MEGMILK SNOW BRAND Co.,Ltd.	The Norinchukin Bank	Rating & Investment Information, Inc.	MEGMILK SNOW BRAND will submit to the Agent and all Lenders through the Agent, by the SPT reporting deadline, materials showing the achievement of the SPT as verified by an independent third-party verifier in the immediately preceding fiscal year. It will also be included in the integrated report to be posted on its website.	2022/3/14	6 years	8 billion yen	CO₂ emission reduction (2030 target: 50% reduction from 2013)	The lending terms are linked to MEGMILK SNOW BRAND's performance against the SPT, providing an incentive to achieve the SPT target.
Nomura Real Estate Holdings, Inc.	The Hokuriku Bank, Ltd.	-	-	2022/3/18	-	1 billion yen	Set a target for total greenhouse gas emissions reduction rate	Preferential interest rate spread based on achievement of SPTs
YANMAR HOLDINGS CO., LTD.	Resona Bank, Limited.	Rating & Investment Information, Inc.	Yanmar will report to the Agent and all lenders through the Agent once a year on the status of achievement of the SPT. In addition to the reports to the lenders, the information will be disclosed on Yanmar's website.	2022/3/22	-	10 billion yen	Yanmar will increase the amount of electricity it uses from renewable energy sources that it installs itself (actual self-sufficiency figures) by 10 times from the current 3 million kwh to 30 million kwh in the fiscal year ending March 2026.	Based on the status of achievement of the SPT target, the spread will be lowered if the target is achieved.
Tokyo Century Corporation	Syndication method (Arranger: Mizuho Bank, Ltd.） (Co-Arranger：Shinkin Central Bank） Shinkin Central Bank、THE SAN-IN GODO BANK,LTD．、THE TOHO BANK, LTD.、The Senshu Ikeda Bank, Ltd.、The Ashikaga Bank, Ltd.、The Bank of Iwate, Ltd、THE OITA BANK,LTD.、The Bank of Kyoto, Ltd.、The Musashino Bank, Ltd、The Keiyo Bank,Ltd.、The Higo Bank, Ltd.、Mizuho Bank, Ltd.	Rating & Investment Information, Inc.	・Tokyo Century will submit to all lenders, through its loan agent Mizuho Bank, Ltd., a document that can confirm the assumed cumulative GHG reduction contribution under the Bilateral Credit Scheme, the annual paid leave utilization rate, and the male parental leave utilization rate. ・In addition to the above, Tokyo Century will disclose the results of KPIs in its annual Sustainability Data Book and other documents.	2022/3/24	3 years and 9 months	55.2 billion yen	1. Achieve the cumulative GHG reduction contribution target of 49,000 tons under the Bilateral Credit Mechanism (JCM) by the end of December 2023. 2. Maintain an annual paid leave utilization rate of at least 70% among our employees. 3. Maintain 100% of male employees taking childcare leave.	If all SPTs are satisfied on the SPTs satisfaction determination date, the preferential interest rate will be applied.
Sapporo Hokuyo Lease Co.,Ltd.	North Pacific Bank,Ltd.	Rating & Investment Information, Inc.	Annually, the amount of new purchases of commercial products that contribute to energy conservation and decarbonization will be aggregated and notified in writing to the lender, North Pacific Bank.	2022/3/25	5 years	1 billion yen	Purchases of HV and other vehicles, high-efficiency air conditioning, high-efficiency refrigeration and freezing equipment, and fuel-efficient construction equipment： 110% growth level (900 million yen) in FY2025 from the three-year average of purchases from FY 2019 to FY 2021 (FY 2021 is projected)	Interest rates and other financing terms are linked to the achievement of SPTs.
Tokyo Century Corporation	Syndication method (Arranger: Sumitomo Mitsui Banking Corporation) (Co-Arranger：The Gunma Bank,Ltd） Sumitomo Mitsui Banking Corporation、The Gunma Bank,Ltd	Rating & Investment Information, Inc.	・Tokyo Century will submit to all lenders, through its loan agent Mizuho Bank, Ltd., a document that can confirm the assumed cumulative GHG reduction contribution under the Bilateral Credit Scheme, the annual paid leave utilization rate, and the male parental leave utilization rate. ・In addition to the above, Tokyo Century will disclose the results of KPIs in its annual Sustainability Data Book and other documents.	2022/3/28	3 years and 9 months	53 billion yen	1. Achieve the cumulative GHG reduction contribution target of 49,000 tons under the Bilateral Credit Mechanism (JCM) by the end of December 2023. 2. Maintain an annual paid leave utilization rate of at least 70% among our employees. 3. Maintain 100% of male employees taking childcare leave.	If all SPTs are satisfied on the SPTs satisfaction determination date, the preferential interest rate will be applied.
EARTHSUPPORT	THE SAN-IN GODO BANK,LTD．	Japan Credit Rating Agency, Ltd.	Earth Support will disclose its KPI performance to lenders after the end of each fiscal year.	2022/3/28	-	-	KPI 1: Increase sales of "Katazukedo" and "Kaitaido" businesses for individuals (support for solving the problem of vacant houses, etc.) SPT 1: 150 million yen by the fiscal year ending September 2026 KPI 2: Renewal project of sorting building and improvement of recycling rate SPT 2: Improve by 3% by FY9/2026 KPI 3: Increase the average length of service of all employees (including full-time, part-time, and contract employees) SPT 3: Average years of service to be 9.26 years by FY9/2026	The financial characteristics of the arrangement change depending on whether or not the pre-defined SPTs for the selected KPIs are achieved.
Mebuki Lease Co.,Ltd.	The Joyo Bank, Ltd. The Ashikaga Bank, Ltd.	Rating & Investment Information, Inc.	By the end of July each year, the amount of new contracts for commercial products that contribute to energy conservation and decarbonization for the period from April to March of the previous year will be summarized and notified in writing to the lenders, Joyo Bank and Ashikaga Bank. KPI data will be managed by the Mebuki Leasing Planning Department, and SPT achievement status will be disclosed on the company's website.	2022/3/29	-	2 billion yen	Achieve 2,590 million yen in new contracts (leases and installment sales) for commercial products that contribute to energy conservation and decarbonization in the fiscal year ending March 31, 2025	It is designed to reduce the interest rate if the SPT is achieved. If the SPT is not reported as achieved, the interest rate is raised as a penalty.
WWB	The Chiba Bank, Ltd.	Rating & Investment Information, Inc., Chibagin Research Institute Corporation	WWB reports annually to The Chiba Bank, Ltd. on (1) the progress of the project and the amount appropriated and unappropriated balance, (2) the environmental improvement effects, and (3) other matters.	2022/3/30	-	0.5 billion yen	Generating capacity of renewable energy generation facilities owned by the lender group	A mechanism is set up to lower or raise interest rates depending on the achievement of the SPT.
Makes Co.,Ltd.	The Keiyo Bank,Ltd.	Rating & Investment Information, Inc.	Makes　will report on the progress of the SPT to the agent and to the lender through the agent. The status of achievement will be posted on its website.	2022/3/30	-	-	To increase the ratio of foreign employees until the fiscal year ending May 31, 2028.	It is designed to reduce the interest rate if the SPT is achieved.
KYOKUYO-DENKI co.,ltd	THE YAMANASHI CHUO BANK, LTD.	Rating & Investment Information, Inc.	KYOKUYO-DENKI will provide the lenders with materials showing the status of SPT achievement in the most recent fiscal year by the SPT reporting deadline, and post the materials on its website.	2022/3/30	-	0.5 billion yen	Reduce CO₂ emissions (Scope 2) by 40% in FY2030 compared to FY2020.	It is designed to reduce the applicable interest rate if the SPT is achieved.
Ogawa Econos Inc.	The Hiroshima Bank, Ltd.	HIROGIN area design Co. Ltd.	External review for SPT and annual reporting are required.	2022/3/30	5 years	0.1 billion yen	① Number of delivery lessons: 16 in 2022, 18 in 2023, 20 in 2024, 22 in 2025, 23 in 2026 ② Number of factory tours for high school students and younger (number of foreign visitors): 22 in 2022 (3), 24 in 2023 (4), 26 in 2024 (5), 27 in 2025 (6), 28 in 2026 (6) ③ Number of classes with Meister certification: 5 in 2022, 6 in 2023, 8 in 2024, 9 in 2025, and 10 in 2026. ④ Number of environmental awareness events: 3 in 2022 years, 4 in 2023 years, 5 in 2024 years, 5 in 2025 years, 6 in 2026 years	If the SPT is achieved, the interest rate will be reduced
SETTSU METAL INDUSTRIAL CO.,LTD.	THE SHIGA BANK，LTD．	Shigagin Keizai Bunka Center CO.,LTD.	・The SPT is included in the action plan to be submitted to Shiga Prefecture, and a copy is submitted to the lender. ・The action plan is made public on the Shiga Prefecture website. ・The progress will be described in an action report to be submitted to Shiga Prefecture once a year, and a copy of the report will be submitted to the lender. ・The action report is also made public on the Shiga Prefecture website. ・Information on SPT is disclosed to the public.	2022/3/30	5 years	0.1 billion yen	Annual targets for the percentage of recycled materials used and the number of aluminum rack products collected in the "Rack to Rack^®" project. The cumulative target is set in addition to the annual target for the number of units collected.	Lending conditions vary depending on the achievement of SPT
Mitsui Fudosan Co., Ltd.	SUMITOMO LIFE INSURANCE COMPANY	Rating & Investment Information, Inc.	Mitsui Fudosan will disclose the performance of KPIs as public information in its annual ESG reports, etc., regardless of whether or not the SPT has made a determination.	2022/3/31	-	-	Reduce total greenhouse gas emissions in Scope 1+Scope 2 by 46.2% by FY2030 (compared to FY 2019)	Interest rate terms are linked to the results of the SPT determination and act as an economic incentive and disincentive for Mitsui Fudosan.
Mitsui Fudosan Co., Ltd.	DAIDO LIFE INSURANCE COMPANY	Rating & Investment Information, Inc.	Mitsui Fudosan will disclose the performance of KPIs as public information in its annual ESG reports, etc., regardless of whether or not the SPT has made a determination.	2022/3/31	-	-	Reduce total greenhouse gas emissions in Scope 1+Scope 2 by 46.2% by FY2030 (compared to FY 2019)	Interest rate terms are linked to the results of the SPT determination and act as an economic incentive and disincentive for Mitsui Fudosan.
Mitsui Fudosan Co., Ltd.	Meiji Yasuda Life Insurance Company	Rating & Investment Information, Inc.	Mitsui Fudosan will disclose the performance of KPIs as public information in its annual ESG reports, etc., regardless of whether or not the SPT has made a determination.	2022/3/31	13 years	-	Reduce total greenhouse gas emissions in Scope 1+Scope 2 by 46.2% by FY2030 (compared to FY 2019)	Interest rate terms are linked to the results of the SPT determination and act as an economic incentive and disincentive for Mitsui Fudosan.
OBAYASHI CORPORATION	Syndication method (Arranger: MUFG Bank, Ltd.) The Akita Bank,Ltd.、The Senshu Ikeda Bank, Ltd.、The Iyo Bank, Ltd.、The Bank of Iwate, Ltd、THE OITA BANK,LTD.、The Kiyo Bank, Ltd. 、The Bank of Kyoto, Ltd.、The Keiyo Bank,Ltd.、THE BANK OF SAGA LTD.、THE SHIGA BANK，LTD．、The Shikoku Bank, Ltd. 、THE SHIZUOKA CHUO BANK, LTD、The 77 Bank, Ltd.、Daishi Hokuetsu Bank, Ltd、The Chiba Bank, Ltd.、The Chukyo Bank, Ltd、THE TOHO BANK, LTD.、THE TOCHIGI BANK, LTD.、THE NISHI-NIPPON CITY BANK, LTD.、The Norinchukin Bank、THE HACHIJUNI BANK,LTD.、The Higo Bank, Ltd.、The Hyakujushi Bank, Ltd.、The Hiroshima Bank, Ltd. 、THE BANK OF FUKUOKA., LTD.、North Pacific Bank,Ltd.、The Hokuriku Bank, Ltd.、Sumitomo Mitsui Banking Corporation、Sumitomo Mitsui Trust Bank, Limited、MUFG Bank, Ltd.、The Musashino Bank, Ltd、The Yamagata Bank,Ltd、THE YAMANASHI CHUO BANK, LTD.、The Bank of Yokohama,Ltd.、Resona Bank,Ltd.	Rating & Investment Information, Inc.	The status of achievement of the set SPTs will be disclosed annually as environmental and social activity results on Obayashi's website.	2022/3/31	5 years	70 billion yen (credit line)	SPT 1: Annual targets consistent with Scope 1 and 2 of a 46.2% reduction in CO₂ emissions in FY2030 (compared to FY 2019). SPT 2: Annual targets consistent with Scope 3's 27.5% reduction in CO₂ emissions in FY2030 (compared to FY 2019).	The characteristics of the bond/loan will change depending on its achievement against the SPTs.
HEIWA REAL ESTATE CO.,LTD.	The Norinchukin Bank	Japan Credit Rating Agency, Ltd.	Heiwa Real Estate plans to disclose the performance of KPIs to the Norinchukin Bank after the end of each fiscal year. Third-party verification of the performance of the SPTs established under the loan will be obtained from an external certification body.	2022/3/31	-	-	Reduce greenhouse gas (GHG) emissions by 50% by FY2030 (compared to FY18)	The financial characteristics of the arrangement change depending on whether or not the pre-defined SPTs for the selected KPIs are achieved.
Nomura Real Estate Holdings, Inc.	The Norinchukin Bank	Rating & Investment Information, Inc.	Each emission amount for Scope 1, 2 and 3 (Category 1 and 11) will be reported on Nomura Real Estate Holdings' sustainability website and in the Sustainability Report, along with information on sustainability policy and governance.	2022/3/31	-	-	SPT-1 : Reduce Scope 1 and 2 emissions by 35.0% compared to the FY2019 level by FY2030. SPT-2 : Reduce Scope 3 emissions (Categories 1 and 11) by 35.0% compared to the FY2019 level by FY2030.	Different levels of preferential interest rate ranges are applied to each of SPT-1 and SPT-2, based on the degree of difficulty in achieving their goals. The interest rate terms are linked to performance levels and act as an economic incentive for Nomura Real Estate Holdings.
Nomura Real Estate Holdings, Inc.	TAIYO LIFE INSURANCE COMPANY DAIDO LIFE INSURANCE COMPANY	Rating & Investment Information, Inc.	Emissions for Scope 1, 2, and 3 will be reported on the Nomura Real Estate Holdings sustainability website and in the Sustainability Report, along with information on the sustainability policy and governance.	2022/3/31	10 years	-	Reduce total greenhouse gas (CO₂) emissions for Scope 1, 2, and Scope 3 by 35% by 2030 (compared to FY 2019)	Preferential applicable interest rates based on achievement of SPTs
TOKYU CORPORATION	Development Bank of Japan Inc.	-	Tokyu will report to the DBJ once a year on the progress and achievement of the SPTs, and when the SPTs are achieved, Tokyu will report to the DBJ after verification by a third-party organization. Information on the status of achievement of the SPTs and information related to the third-party verification will be disclosed to the public on a regular basis on the website or in the Integrated Report.	2022/3/31	-	18.497 billion yen	46.2% reduction in CO₂ emissions by Tokyu and consolidated subsidiaries in FY2030 (compared to FY2019)	Achievement of SPTs is linked to lending conditions and other factors.
HOKUTO Corporation	Syndication method (Arranger:THE HACHIJUNI BANK,LTD.） THE HACHIJUNI BANK,LTD.、MUFG Bank, Ltd.、Sumitomo Mitsui Banking Corporation	Japan Credit Rating Agency, Ltd.	HOKUTO will report the progress of SPTs to the lender tentatively by the end of May each year, including verification by the end of June.	2022/3/31	-	7 billion yen	① Global sales volume of the Hokuto Group in FY2025: 90,000 tons ② Increase in the number of members of "Mushroom Lab," a mushroom fan site ③ Development of new Bunashimeji strain with enhanced ornithine content ④ Expansion of solar power generation sites to 10 sites ⑤ Cumulative sales of environment-related materials over 4 years: 2 billion yen ⑥ Diversification and advancement of utilization of used culture media (realization of 3 new methods of utilization) ⑦ Acquire certification as a corporation with excellent health management	Financial characteristics change when SPTs are achieved.
Shinwakensetsu Co.,Ltd.	The Bank of Nagoya, Ltd.	Rating & Investment Information, Inc.	Once a year, the achievement of SPTs will be checked with the value of the company's fiscal year. Shinwakensetsu will report to The Bank of Nagoya after receiving confirmation from a third-party specialized agency.	2022/3/31	5 years	0.05 billion yen	Reduce CO₂ emissions by 21.0% relative to FY2020 over the five-year period from FY2021 to FY2025, as a milestone toward achieving the goal of a 42% reduction in CO₂ emissions by 2030 relative to FY2020.	Preferential interest rates will be applied when SPTs are achieved.
Kawasaki Heavy Industries, Ltd.	Development Bank of Japan Inc.	-	Information on the progress and achievement of the SPTs will be reported by Kawasaki Heavy Industries to the Development Bank of Japan once a year, and when the SPTs are achieved, the information will be verified by a third party. Information related to the third-party verification will be disclosed to the public on a regular basis on the website or in the Integrated Report.	2022/3/31	-	-	SPT 1: Complete construction of one large commercial-scale liquefied hydrogen carrier by FY2026. SPT 2: Achieve a hydrogen transportation capacity of 225,000 tons/year or more to Japan by FY2031.	Achievement of SPTs is linked to lending conditions and other factors.
AEON TOWN Co.,Ltd.	Resona Bank, Limited. The Keiyo Bank,Ltd. MUFG Bank, Ltd.	Rating & Investment Information, Inc.	AEON TOWN will submit the latest KPI results and information on its sustainability strategy to the lenders within three months of the end of each fiscal year from the fiscal year ending February 2023 to the fiscal year ending February 2026.	2022/3/31	-	-	(1) At least 45% of electricity consumption in FY02/2025 will be CO₂-free. (2) At least 55% of electricity consumption in FY02/2026 will be CO₂-free.	If the SPT is achieved, the designated preferential treatment will apply from the interest calculation period in which the determination date falls until redemption. If SPT-1 is achieved but SPT-2 is not, the preferential treatment for SPT-1 will be removed from the interest calculation period in which the determination date for SPT-2 falls until redemption.
KODENSYA inc	Saitama Resona Bank,Limited	Rating & Investment Information, Inc.	KODENSYA will report annually to the lender on the progress of the SPTs. Data on the market installed capacity (cumulative) of installed renewable energy generation capacity, which is its KPI, will be reported in writing to the lender and posted on its website annually.	2022/3/31	11 years	0.6 billion yen	Increase the market installed capacity of renewable energy power generation facilities installed by KODENSYA from 3,418 kW (cumulative) in FY10/2021 to the following in FY10/2030 SPT1 26,312 kW (7.7 times) SPT2 36,039kW (10. 5 times)	It is designed to reduce the interest rate if the SPT is achieved. The floating interest rate spread will be lowered when SPT1 and SPT2 are achieved respectively.
Asahi Bussan Co., Ltd.	The Chugoku Bank, Ltd.	Rating & Investment Information, Inc. Okayama Economic Research Institute	・Report to The Chugoku Bank once a year on the status of fund allocation (projects allocated, amount of funds), unallocated balance, and environmental improvement effects. ・At the time of reporting, the Okayama Economic Research Institute will confirm the validity of the report.	2022/3/31	7 years	0.05 billion yen	(1) Reduction rate of electricity consumption per net sales (food manufacturing sector) (2) Electricity consumption (other than food production sector)	Up to 0.2% annual reduction in applicable interest rate depending on the achievement of SPT
JR Kyushu FG Lease (ＪＲ九州ＦＧリース)	The Higo Bank, Ltd.	Rating & Investment Information, Inc.	JR Kyushu FG Lease will annually calculate the amount of new contracts for commercial products that contribute to energy conservation and decarbonization, as well as for medical care and welfare, and notify the lender, The Higo Bank, in writing, as well as disclose on its own website whether or not it has achieved this goal.	2022/3/31	3 years	0.1 billion yen	Achieve 250 million yen in new contracts for renewable energy and energy-saving equipment and medical and welfare equipment in FY3/2023 and 300 million yen in FY3/2024.	It is designed to reduce the interest rate if the SPT is achieved.
Higin Lease Co., Ltd.	The Higo Bank, Ltd.	Rating & Investment Information, Inc.	Higin Lease will annually calculate the amount of new contracts for commercial and forestry products that contribute to energy conservation and decarbonization, and notify the lender, the Higo Bank, in writing, and disclose on its website whether or not it has achieved this goal.	2022/3/31	3 years	0.3 billion yen	Achieve 544 million yen in new contracts for renewable energy and energy-saving equipment and for the forestry industry in FY3/2023 and 604 million yen in FY3/2024.	It is designed to reduce the interest rate if the SPT is achieved.
MARUSAN INDUSTRY CO., LTD.	The Iyo Bank, Ltd.	IYOGIN REGIONAL ECONOMY RESEARCH CENTER,INC.	MARUSAN INDUSTRY will consider publicly announcing the progress of the SPTs and other information. In addition, MARUSAN INDUSTRY will report to the Iyo Bank the latest information on the progress of the SPTs.	2022/3/31	10 years	1 billion yen	The use of cotton, a natural material, will be increased in stages between FY2021, the base year, and FY2031, with the target for FY2031 being approximately doubled (196.8%).	Achievement of SPTs is linked to lending conditions.
Shoei Driving School	The Iyo Bank, Ltd.	IYOGIN REGIONAL ECONOMY RESEARCH CENTER,INC.	The borrower will consider publicizing the progress of the SPTs and other information. In addition, the lender will be kept informed of the latest information on the progress of the SPTs.	2022/3/31	8 years	0.3 billion yen	Ratio of next-generation vehicles* to total training vehicles *Next-generation vehicles: Plug-in hybrid vehicles, hybrid vehicles, electric vehicles, fuel cell vehicles, etc.	Achievement of SPTs is linked to lending conditions.
SHINSHOWA CORPORATION	The Chiba Bank, Ltd.	Chibagin Research Institute Corporation	Once a year, the status of achievement of SPTs will be checked in a prescribed form. Reporting information will not be made public.	2022/3/31	5 years	-	Percentage of electricity derived from renewable energy sources used by the Shinshowa Group <Targets> FY2022: 6.25%, FY2023: 12.5%, FY2024: 18.75%, FY2025: 25.0%	In principle, the SPTs' achievement status is checked on an annual basis, and a mechanism is set up to lower or raise interest rates depending on the status of achievement.
Shodoshima Healthyland Co., Ltd.	The Chugoku Bank, Ltd	Rating & Investment Information, Inc. Okayama Economic Research Institute	・Report to The Chugoku Bank once a year on the status of fund allocation (projects allocated, amount of funds), unallocated balance, and environmental improvement effects. ・At the time of reporting, the Okayama Economic Research Institute will confirm the validity of the report.	2022/4/20	-	-	Number of olive seedlings donated and sold: <Target> FY2022: 570 trees FY2023: 740 trees FY2024: 910 trees FY2025: 1,080 trees FY2026: 1,250 trees	Applicable interest rates are reduced by up to 0.2% per year, depending on the achievement of SPT.
Iwasa Corporation	The Hyakujushi Bank, Ltd.	Rating & Investment Information, Inc. Hyakujushi Economic Research Institute	Annually, until the fulfillment of obligations is completed, the status of achievement of SPTs will be checked in the prescribed form.	2022/4/28	-	-	Reduction rate of CO₂ emissions through green procurement (purchase of electric furnace materials) <Target> FY9/2022: 15% FY9/2023: 16% FY9/2024: 17% FY9/2025: 18% FY9/2026: 19%	Status of achievement of SPTs is in principle checked on an annual basis, and the interest rate is set to be reduced according to the level of achievement.
Sunplaza （サンプラザ）	The Hyakujushi Bank, Ltd.	Rating & Investment Information, Inc. Hyakujushi Economic Research Institute	Annually, until the fulfillment of obligations is completed, the status of achievement of SPTs will be checked in the prescribed form.	2022/4/28	-	-	Eco-Tray and Eco-APET usage rate <Target> FY2022: 50% FY2023: 50% FY2024: 50% FY2025: 50% FY2026: 50%	Status of achievement of SPTs is in principle checked on an annual basis, and the interest rate is set to be reduced according to the level of achievement.
SEIRYO LINE	The Bank of Nagoya, Ltd.	Rating & Investment Information, Inc.	Once a year, the achievement of SPTs will be checked with the value of the company's fiscal year. SEIRYO LINE will report to The Bank of Nagoya after receiving confirmation from a third-party specialized agency.	2022/4/28	5 years	0.05 billion yen	To achieve a CO₂ emission reduction target of 42% of the FY2020 level by 2030 (SBT certified "1.5°C target" level), a milestone is set to reduce CO₂ emissions by 21.0% of the FY2020 level for the five fiscal years from FY2021 to FY2025 (annual targets are set).	Apply preferential interest rates when SPTs are achieved.
KAMOSENI	The Hiroshima Bank, Ltd.	HIROGIN area design Co. Ltd.	External review for SPT and annual reporting are required.	2022/4/28	5 years	0.2 billion yen	Reduction of waste ratio (amount of cutting waste/total amount of cutting)	If the SPT is achieved, the interest rate will be reduced
Sakae Industry Co., Ltd.	THE SHIGA BANK，LTD．	Shigagin Keizai Bunka Center CO.,LTD.	・The SPT is included in the action plan to be submitted to Shiga Prefecture, and a copy is submitted to the lender. ・The action plan is made public on the Shiga Prefecture website. ・The progress will be described in an action report to be submitted to Shiga Prefecture once a year, and a copy of the report will be submitted to the lender. ・The action report is also made public on the Shiga Prefecture website. ・Information on SPT is disclosed to the public.	2022/4/28	5 years	0.1 billion yen	Reduction rate of CO₂ emissions (on a per-unit basis): Set targets in stages to achieve a 50% reduction (compared to FY2020) by FY2030	Lending conditions vary depending on the achievement of SPT
HEIWA REAL ESTATE CO.,LTD.	THE HOKKAIDOBANK,LTD.	Japan Credit Rating Agency, Ltd.	Heiwa Real Estate plans to disclose the performance of KPIs to lenders after the end of each fiscal year. Third-party verification of the performance of the SPTs established under the loan will be obtained from an external certification body.	2022/5/31	-	-	Reduce group-wide greenhouse gas (GHG) emissions by 50% by FY2030 (compared to FY2018)	Preferential interest rate spread based on SPT achievement
HEIWA REAL ESTATE CO.,LTD.	Nippon Life Insurance Company	Japan Credit Rating Agency, Ltd.	Heiwa Real Estate plans to disclose the performance of KPIs to lenders after the end of each fiscal year. Third-party verification of the performance of the SPTs established under the loan will be obtained from an external certification body.	2022/5/31	-	-	Reduce group-wide greenhouse gas (GHG) emissions by 50% by FY2030 (compared to FY2018)	Preferential interest rate spread based on SPT achievement
Onuki Seni (大貫繊維)	The Bank of Yokohama,Ltd.	Hamagin Research Institute,Ltd. Rating & Investment Information, Inc.	At least once a year, disclose and report the latest information on the status of achievement of SPTs.	2022/5/31	-	-	Reduce CO₂ emissions in FY2029 by 50.12% compared to the base year	Incentives such as interest rate reductions are set based on the achievement of SPTs
Sanyo Syoji CO.,LTD.	The Hyakujushi Bank, Ltd.	Rating & Investment Information, Inc.	Annually, until the fulfillment of obligations is completed, the status of achievement of SPTs will be checked in the prescribed form.	2022/5/31	-	-	(1) Volume of industrial waste received (2) Recycling rate of industrial waste received	In principle, the progress of the SPTs will be checked on an annual basis, and the interest rate will be reduced according to the progress of the SPTs.
HIRAKIN (平林金属)	The Hyakujushi Bank, Ltd.	Rating & Investment Information, Inc.	Annually, until the fulfillment of obligations is completed, the status of achievement of SPTs will be checked in the prescribed form.	2022/5/31	-	-	CFC recovery and recycling rate	In principle, the progress of the SPTs will be checked on an annual basis, and the interest rate will be reduced according to the progress of the SPTs.
The Honjo Chemical Corporation	The Hyakujushi Bank, Ltd.	Rating & Investment Information, Inc.	Annually, until the fulfillment of obligations is completed, the status of achievement of SPTs will be checked in the prescribed form.	2022/5/31	-	-	Sales ratio of environment-related products	In principle, the progress of the SPTs will be checked on an annual basis, and the interest rate will be reduced according to the progress of the SPTs.
Nomura Real Estate Holdings, Inc.	The 77 Bank, Ltd.	Rating & Investment Information, Inc.	Emissions for Scope 1, 2, and 3 will be reported on the Nomura Real Estate Holdings sustainability website and in the Sustainability Report, along with information on the sustainability policy and governance.	2022/5/31	-	1 billion yen	Reduce total greenhouse gas (CO₂) emissions for Scope 1, 2, and Scope 3 by 35% by 2030 (compared to FY 2019)	Preferential applicable interest rates based on achievement of SPTs
Matsui Corporation	The Bank of Nagoya, Ltd.	Rating & Investment Information, Inc.	Once a year, the achievement of SPTs will be checked with the value of the company's fiscal year.Matsui Corporation will report to The Bank of Nagoya after receiving confirmation from a third-party specialized agency.	2022/5/31	5 years	0.1 billion yen	Reduce CO₂ emissions by 21.0% compared to the FY2019 level over the five-year period from the FY2021 to FY2025 as a milestone to achieve the goal of 46% CO₂ reduction compared to the FY2019 level by FY2030.	Apply preferential interest rates when SPTs are achieved.
Japan Real Estate Investment Corporation（JRE）	The Norinchukin Bank	Japan Credit Rating Agency, Ltd.	JRE plans to disclose the performance of KPIs to lenders once a year. In addition, JRE plans to obtain third-party verification of the progress of the SPTs established under the loan from an external certification body, and will consider disclosing to lenders any delays in progress due to unforeseen circumstances, including an analysis of the causes and future measures.	2022/6/15	-	-	SPT1: Reduction rate of CO₂ emissions (FY2030 target: 80% reduction compared to FY2019) SPT2: Number of properties with ZEB certification under BELS (FY2030 target: 5 properties)	In order to incentivize the realization of JRE's sustainability strategy, the timing of interest rate review is set multiple times until the maturity date, and the progress of SPTs is linked to the loan terms and conditions, etc.
Onabe Gumi Corporation (尾鍋組)	THE HYAKUGO BANK,LTD.	Rating & Investment Information, Inc.	Public disclosure of the project outline will be made if the borrower agrees at the time of loan execution. THE HYAKUGO BANK will receive reports from the borrower once a year during the loan period on application status of the funds procured and the effects of the environmental improvements.	2022/6/10	-	-	Number of Eco-Geo construction projects per year	Incentives such as interest rate reductions are set based on the achievement of SPTs
HANABUSA (ハナブサ)	The Hyakujushi Bank, Ltd.	Rating & Investment Information, Inc.	Annually, until the fulfillment of obligations is completed, the status of achievement of SPTs will be checked in the prescribed form.	2022/6/17	-	-	Percentage increase in sales of certified organic products and products using certified organic raw materials	In principle, the progress of the SPTs will be checked on an annual basis, and the interest rate will be reduced according to the progress of the SPTs.
DIC	The Norinchukin Bank	Japan Credit Rating Agency, Ltd.	DIC plans to disclose the KPI performance figures for each calendar year in the following year in the DIC Report (Integrated Report) and on its website. CO₂ emissions (Scope 1+Scope 2) to confirm the progress of the SPT are continuously verified by a third-party organization.	2022/6/17	10 years	-	Reduce CO₂ emissions (Scope 1 + Scope 2) by 50% by 2030 compared to 2013	Financial characteristics are arranged to change when the SPT is achieved.
TAKUBO INDUSTRIAL CO., Ltd.	The Hiroshima Bank, Ltd.	HIROGIN area design Co. Ltd.	TAKUBO INDUSTRIAL CO., Ltd. intends to submit a written statement to the Hiroshima Bank regarding the achievement of the SPT. TAKUBO INDUSTRIAL CO., Ltd. intends to announce on Hiroshima Bank's website that this financing is based on a Sustainability Linked Loan.	2022/6/24	5 years	0.2 billion yen	Reduction of industrial water consumption at Saijo Plant	The interest rate applied during the term of the loan will be determined by the achievement of the following requirements (1) The borrower must report to the lender in writing on the progress of its initiatives. (2) The SPT target figures must be achieved. If (1) is complied with, the spread will remain the same even if (2) is not met. If (1) is complied with and (2) is achieved, the spread is designed to decrease.
TAIYO HOUSE	The Chiba Bank, Ltd.	Chibagin Research Institute Corporation	Once a year until fulfillment of the obligations is completed, the status of achievement of the SPTs will be verified in a prescribed form. Reporting information will not be made public.	2022/6/27	4 years	-	Percentage of ZEH homes in new housing construction Target for FY2023 : 65% Target for FY2024 : 70%	In principle, the progress of SPTs is checked on an annual basis, and a mechanism is set up to lower or raise interest rates depending on the progress of the SPTs.
FURUYA MILK PRODUCTS Co.,Ltd	The Chiba Bank, Ltd.	Chibagin Research Institute Corporation	Once a year until fulfillment of the obligations is completed, the status of achievement of the SPTs will be verified in a prescribed form. Reporting information will not be made public.	2022/6/27	5 years	-	Reduction rate of plastic emissions (per-unit basis) for specific products (compared to FY2016) SPT1 28.14％, SPT2 28.65％ , SPT3 29.15％, SPT4 29.67%, SPT5 30.17％	In principle, the progress of SPTs is checked on an annual basis, and a mechanism is set up to lower or raise interest rates depending on the progress of the SPTs.
&Do Holdings Co., Ltd.	Kiraboshi Bank, Ltd.	Rating & Investment Information, Inc.	&Do Holdings will report annually to Kiraboshi Bank on the status of achievement of SPTs. In addition, it will also disclose its financial results on its website.	2022/6/29	-	2 billion yen	SPT-1 To achieve 3,840 cumulative purchases in the house leaseback business for the three-year period from FY6/2023 to FY6/2025. SPT-2 To achieve a balance of 50.6 billion yen in reverse mortgages guaranteed in the fiscal year ending June 30, 2025	Whether or not the SPTs have been achieved is used as the criterion for the interest rate incentives. It is designed to reduce the spread when each of the SPTs is achieved, looking at the status of achievement.
YAMAUCHI Co., Ltd.	The Iyo Bank, Ltd.	IYOGIN REGIONAL ECONOMY RESEARCH CENTER,INC.	YAMAUCHI will consider publicly announcing the progress of the SPTs. In addition, YAMAUCHI will provide Iyo Bank with updated information on the progress of the SPTs.	2022/6/29	10 years	0.35 billion yen	Ratio of "female employees," "persons with disabilities," and "elderly employees" among Group employees (The ratios of female employees, persons with disabilities, and elderly employees will be increased annually, and the ratios will be at least 50%, 2.5%, and 25%, respectively, by the end of March 2032.)	The spread will remain the same even if SPTs are not achieved, but if they are achieved, the spread will narrow.
HEIWA REAL ESTATE CO.,LTD.	The Chiba Bank, Ltd.	Japan Credit Rating Agency, Ltd.	Heiwa Real Estate plans to disclose the performance of KPIs to Chiba Bank after the end of each fiscal year. The SPT performance established under the loan is scheduled to be verified by an external certification body.	2022/6/30	-	-	Reduce GHG emissions (total, Scope 1 and 2) by 50% by FY2030 compared to FY2018	Financial characteristics will change if the SPT is achieved
RICOH LEASING COMPANY, LTD.	The Chiba Bank, Ltd. The Bank of Yokohama,Ltd.	Japan Credit Rating Agency, Ltd.	Ricoh Leasing intends to disclose the performance of its KPIs and SPTs periodically after the end of each fiscal year in its annual Integrated Report and on Ricoh Leasing's web page.	2022/6/30	-	-	SPTs 1: To reduce CO₂ emissions (Scope 1 and 2) below 773.8 t-CO₂ in FY2022, 728.4 t-CO₂ in FY2023, 683.0 t-CO₂ in FY2024, and 637.6 t-CO₂ in FY2025 SPTs 2: Maintain leadership level (A, A-) in CDP climate change score	Financial characteristics will change if the SPT is achieved
Nomura Real Estate Holdings, Inc.	Kansai Mirai Bank, Limited	Rating & Investment Information, Inc.	Once a year, the achievement of SPTs will be checked with the value of the company's fiscal year. Target companies will be asked to submit objective and judicable evidence.	2022/6/30	8 years	1 billion yen	Reduction rate of "greenhouse gas emissions	The incentive design does not target the interest rate on loans originated under the framework, but rather waives the loan fee for the next origination using the framework on an ongoing basis up to half the amount, taking into account incentives for the target company.
Tokyo Century Corporation	MUFG Bank, Ltd.	Rating & Investment Information, Inc.	・Tokyo Century will submit a document that can confirm the assumed GHG reduction contribution (cumulative total) under the Bilateral Credit Scheme, the annual paid leave utilization rate, and the male childcare leave utilization rate through the loan agent, Bank of Tokyo-Mitsubishi UFJ, in principle by the reporting deadline of the last day of May of each year. All lenders shall be provided with this information. ・In addition to the above, Tokyo Century will disclose the results of KPIs in its annual Sustainability Data Book and other publications.	2022/6/30	-	-	SPT-1: JCM's estimated cumulative GHG reduction contribution as of the end of December 2023 must be at least 49,000 tons. SPT-2: The annual paid leave utilization rate for each fiscal year from FY2022 to FY2023 must be at least 70%. SPT-3: The rate of male employees taking childcare leave must be 100% for each fiscal year from FY2022 to FY2023.	If all SPTs are satisfied on the SPTs satisfaction determination date, the specified preferential interest rate treatment will apply from each interest calculation period falling on or after the SPTs satisfaction determination date.
HIRAKIN (平林金属)	The Hiroshima Bank, Ltd.	HIROGIN area design Co. Ltd.	Once a year, HIRAKIN will report to the Hiroshima Bank on the status of achievement of SPTs with the value of the company's fiscal year. In principle, HIRAKIN will conduct an external review by Hirogin Area Design.	2022/6/30	10 years	0.4 billion yen	Fluorocarbons recovery and recycling rate	Preferential interest rates when SPTs are achieved
YAMATO JYUKEN, INC	THE SAN-IN GODO BANK,LTD．	Rating & Investment Information, Inc.	Once a year, Yamato Jyuken will report to THE SAN-IN GODO BANK on the status of SPTs achievement.	2022/6/30	-	0.3 billion yen	Percentage of ZEH commissioned 80% in FY2022 80% in FY2023 80% in FY2024 80% in FY2025	Interest rates will be lowered based on the achievement of SPTs.
SANSHUZEN INDUSTRIAL MFG.,INC.	The Bank of Nagoya, Ltd.	Rating & Investment Information, Inc.	Once a year, the achievement of SPTs will be checked with the value of the company's fiscal year.SANSHUZEN INDUSTRIAL MFG.,INC. will report to The Bank of Nagoya after receiving confirmation from a third-party specialized agency.	2022/6/30	5 years	0.05 billion yen	Reduce CO₂ emissions by 21.0% relative to FY2020 levels over the five-year period from FY2021 to FY2025 as a milestone toward achieving the goal of reducing CO₂ emissions by 42% relative to FY2020 levels by 2030.	Apply preferential interest rates when SPTs are achieved.
REFINE HOLDINGS CO., LTD.	The Keiyo Bank,Ltd.	Rating & Investment Information, Inc.	Refine HD will provide the lender with documentation showing the achievement of the SPT in the immediately preceding period by the SPT reporting deadline. In addition, Refine HD will post the information on its website.	2022/7/22	-	-	Amount of material recycling (3) utilizing separation technology (3) Reuse of waste materials as raw materials for the same product	It is designed to review the achievement of the SPT each year and reduce the applicable interest rate if the SPT is achieved.
YAMAZEN CO.,LTD.	THE NANTO BANK，LTD.	Japan Credit Rating Agency, Ltd.	Yamazen will obtain a report on the progress of SPTs from an external evaluation agency on the achievement of SPTs for the relevant fiscal year within eight months of the end of each fiscal year, and disclose the report to the lender.	2022/7/25	-	0.15 billion yen	Reduce CO₂ emissions (Scope 1 and 2) by 42% by 2030 (SBT 1.5°C level)	If SPTs are achieved, arrangements are made to change financial characteristics.
AIZAWA Concrete Corporation	Syndication method (Arranger:North Pacific Bank,Ltd.） (Co-Arranger:Mizuho Bank, Ltd.） The 77 Bank, Ltd.,Development Bank of Japan Inc. , Mizuho Bank, Ltd. 、North Pacific Bank,Ltd.	Rating & Investment Information, Inc.	AIZAWA Concrete Corporation will submit materials to the agent by the SPT reporting deadline that show how the SPT was achieved in the immediately preceding period, and the agent will report to the lenders. In addition, it will post the information on its website.	2022/7/26	-	3 billion yen	To significantly increase the production of self-healing concrete "Basilisk※2" ※2　 the only self-healing concrete technology that the company possesses in Japan, which extends the service life to 100 years, or roughly 1.5 times longer than ordinary quality concrete, thereby extending the life cycle and reducing CO₂ emissions.	It is designed to review the achievement of the SPT each year and reduce the applicable interest rate if the SPT is achieved.
Mitsui Fudosan Co., Ltd.	Syndication method (Arranger:MUFG Bank, Ltd.） Kiraboshi Bank, Ltd. , THE TOCHIGI BANK, LTD., The Bank of Nagoya, Ltd., THE HACHIJUNI BANK,LTD., The Minato Bank, Ltd., JAPAN POST BANK Co., Ltd.	Rating & Investment Information, Inc.	In principle, Mitsui Fudosan will disclose the results of KPI for the previous fiscal year by March 15 of each year, regardless of whether or not the SPT has been evaluated. Mitsui Fudosan will disclose the results of KPIs in its annual ESG reports and other documents.	2022/7/26	-	-	Reduce Scope 1 + Scope 2 emissions of the entire Mitsui Fudosan Group by 46.2% ( compared to fiscal 2019) by fiscal 2030	Different interest rate conditions will apply at two levels: (1) when the SPT is achieved, and (2) when the SPT is not achieved but is not worse than in FY 2019.
TOMISHIN Co.,Ltd.	The Juroku Bank, Ltd.	Rating & Investment Information, Inc.	TOMISHIN Co.,Ltd. will submit documents to Juroku Bank by the SPT reporting deadline, as well as post on TOMISHIN's website regarding the status of SPT achievement in the immediately preceding fiscal year.	2022/7/27	-	-	Reduce greenhouse gas emissions (Scope 1.2) by 50% in FY09/2030 compared to FY09/2021.	It is designed to review the achievement of the SPT each year and reduce the applicable interest rate if the SPT is achieved.
waste-factory (ウエストファクトリィ)	The Chiba Bank, Ltd.	Chibagin Research Institute Corporation	Once a year, the status of achievement of SPTs will be checked in a prescribed form. Reporting information will not be made public.	2022/7/28	5 years	-	Number of environmentally friendly vehicles owned (as of the end of each fiscal year) FY2022　1 FY2023　4 FY2024　7 FY2025　10	In principle, the status of achievement of SPTs is checked on an annual basis, and a mechanism is set up to lower or raise the interest rate depending on the status of achievement.
SHINSHOWA　CORPORATION	Syndication method (Arranger:Resona Bank, Limited.、The Keiyo Bank,Ltd.）	Rating & Investment Information, Inc.	Report to Resona Bank and The Keiyo Bank,Ltd. on the achievement of the SPT	2022/7/29	-	５ billion yen	SPT is defined as renewable electricity ratio.	Incentives will be designed based on performance evaluation based on reporting results
Ohsho Food Service Corporation	Syndication method (Arranger:Sumitomo Mitsui Trust Bank, Limited.） Sumitomo Mitsui Banking Corporation, Mizuho Bank, Ltd.、 MUFG Bank, Ltd.	Rating & Investment Information, Inc.	Check the progress of KPI every year	2022/7/29	5 years	10 billion yen	Reduce the amount of plastic used by the stores by 15% in FY2025 compared to FY2021.	Preferential interest rates when SPTs are achieved in FY2025
INTELLEX Co.,Ltd.	The Keiyo Bank,Ltd.	Rating & Investment Information, Inc.	Intellix will report annually to lenders on the status of SPT achievement. In addition, this information will also be disclosed on the website.	2022/7/29	-	-	Number of sales of condominiums equipped with EcoCube with enhanced energy-saving specifications in renovation of existing condominiums FY 5/2023:500 units FY 5/2024:650 units FY 5/2025:800 units FY 5/2026:1000 units	The achievement or non-achievement of the SPT is used as a criterion for the interest rate incentive. It is designed to reduce the spread if the SPT is achieved.
Nihon Petroleum Trading Co., Ltd.	The Chiba Bank, Ltd.	Chibagin Research Institute Corporation	Once a year, the status of achievement of SPTs will be checked in a prescribed form. Reporting information will not be made public.	2022/7/29	5 years	-	CO₂ emissions reduction rate in business activities (Scope 1,2 , compared to FY2019) 2022: -6% 2023: -8% 2024: -10% 2025: -12% 2026: -14%	In principle, the SPTs' achievement status is checked on an annual basis, and a mechanism is set up to lower or raise interest rates depending on the status of achievement.
Yamauchi (ヤマウチ)	The Chiba Bank, Ltd.	Chibagin Research Institute Corporation	Once a year, the status of achievement of SPTs will be checked in a prescribed form. Reporting information will not be made public.	2022/7/29	5 years／ 10 years	-	Material recycling rate for plastics: 60% by FY2022 70% by FY2023 80% by FY2024 82% by FY2025 83% by FY2026 84% by FY2027 85% by FY2028 86% by FY2029 87% by FY2030	In principle, the SPTs' achievement status is checked on an annual basis, and a mechanism is set up to lower or raise interest rates depending on the status of achievement.
Fukuda and Partners Co., Ltd.	The Chiba Bank, Ltd.	Chibagin Research Institute Corporation	Once a year, the status of achievement of SPTs will be checked in a prescribed form. Reporting information will not be made public.	2022/7/29	5 years	-	Percentage of power use derived from renewable energy sources FY2021　7.0% FY2022　14.0% FY2023　21.0% FY2024　28.0% FY2025　35.0%	In principle, the SPTs' achievement status is checked on an annual basis, and a mechanism is set up to lower or raise interest rates depending on the status of achievement.
Kouraku City Ltd. (有限会社幸楽都市)	The Chiba Bank, Ltd.	Chibagin Research Institute Corporation	Once a year, the status of achievement of SPTs will be checked in a prescribed form. Reporting information will not be made public.	2022/7/29	5 years	-	Percentage of power use derived from renewable energy sources FY2022　12.5% FY2023　25.0% FY2024　37.5% FY2025　50.0%	A mechanism has been set up to reduce interest rates based on the achievement of SPTs.
ISHIZUKA GLASS CO., LTD.	THE SHIGA BANK，LTD．	Shigagin Keizai Bunka Center CO.,LTD.	The loan requires Ishizuka Glass to report to the lender once a year on the status of SPT achievement. From November 2023 onward, Ishizuka Glass will report to the lender on its website or in writing by the end of November each year the actual KPI values for the previous year, after having them verified by an independent third party.	2022/7/29	-	0.５ billion yen	Reduction rate of CO₂ emissions (compared to FY2015) 50% by FY2030	The interest rate applicable to the loan during the loan period will be determined by the achievement of the following requirements (1) Public or written reports on the achievement of the SPT by the reporting deadline. (2) Achieve the target figures of the SPT for each base year after FY2022.
Sanyo Homes Corporation	THE SAN-IN GODO BANK,LTD．	Rating & Investment Information, Inc.	Once a year, Sanyo Homes will report to THE SAN-IN GODO BANK,LTD．on the status of achievement of SPTs.	2022/7/29	-	0.５ billion yen	ZEH ratio in the number of detached houses built	A mechanism has been set up to reduce interest rates based on the achievement of SPTs.
Sanyo Syoji CO.,LTD.	The Kiyo Bank, Ltd.	Rating & Investment Information, Inc.、 Wakayama Institute for Social & Economic Development	Sanyo Shoji will report in writing to the lender by the "Reporting Deadline" on the status of achievement of the SPTs, and submit materials necessary to verify the status of achievement of the SPTs.	2022/8/17	5 years	0.1 billion yen	Annual targets for "amount of waste received" and "recycling rate" from FY2022 to FY2027 ・ Amount of waste received (tons) FY2022 26,682 FY2023 26,949 FY2024 27,218 FY2025 27,490 FY2026 27,765 FY2027 28,043 ・Recycling rate（%） FY2022 99.0 FY2023 99.0 FY2024 99.0 FY2025 99.0 FY2026 99.0 FY2027 99.0	The borrowing rate will be based on the achievement of the SPTs for each fiscal year, and the following interest rates will be applied. ・Achievement of SPTs target　ー　Borrowing rate specified in the Loan Agreement - 0.100％・SPTs target not achieved　ー　Borrowing rate specified in the Loan Agreement
DIC	The Norinchukin Bank	Japan Credit Rating Agency, Ltd.	DIC will disclose the performance figures of KPIs for each calendar year in the following year in the DIC Report (Integrated Report) and on its website.	2022/8/24	10 years	-	Reduce CO₂ emissions by 50% by FY2030 (Scope 1 & 2, compared to FY 2013)	Arrangements are made to change financial characteristics when the SPTs are achieved.
Nomura Real Estate Holdings, Inc.	Shinsei Bank, Limited	Rating & Investment Information, Inc.	Emissions for Scope 1, 2, and 3 will be reported on the Nomura Real Estate Holdings sustainability website and in the Sustainability Report, along with information on the sustainability policy and governance.	2022/8/25	-	3 billion yen	Reduce total greenhouse gas (CO₂) emissions for Scope 1, 2, and Scope 3 by 35% by 2030 (compared to FY 2019)	Preferential interest rates if SPTs are achieved in FY2030
VICE	The Hyakujushi Bank, Ltd.	Rating & Investment Information, Inc.	Annually, until the fulfillment of obligations is completed, the status of achievement of SPTs will be checked in the prescribed form.	2022/8/25	-	-	Average daily food waste reduction per resident (compared to FY2022) FY2023　3% FY2024　6% FY2025　9% FY2026　12% FY2027　15% FY2028　18% FY2029　21%	A mechanism has been set up to check the achievement status of SPTs on an annual basis in principle, and to reduce interest rates according to the level of achievement.
Hokuriku Electric Power Company	The Norinchukin Bank	DNV	Hokuriku Electric Power Company plans to disclose SPT performance to the lender at least once a year.	2022/8/26	-	-	SPT1: Build two new hydroelectric power plants by the end of June 2026 SPT2: Expand biomass-generated electricity to 1.5 billion kWh/year by FY2027-28	A mechanism is in place to lower or raise interest rates depending on the achievement of SPTs
Sumitomo Forestry Co., Ltd.	Sumitomo Mitsui Banking Corporation			2022/8/26	4 years	-	Maintained the highest rating of "Climate Change A-List" company in CDP's Climate Change Score.
Ichigo Inc.	Syndication method (Arranger: Aozora Bank, Ltd.）	Rating & Investment Information, Inc.	Once a year, the actual performance values of KPIs that show the status of achievement of SPTs and the results of verification by a third-party specialized agency shall be submitted to the Sales department offices as a report through documents, web pages, and other publicly available materials. The contents of the report will not be made public on the borrower's website, etc.	2022/8/26	-	9.13 billion yen	100% renewable energy for electricity consumed in business activities by 2025	The interest rate will be reduced if the SPTs are achieved or increased if the SPTs are not achieved.
FEED ONE CO., LTD.	Syndication method (Arranger:：The Bank of Yokohama,Ltd.） (Co-Arranger:：The Norinchukin Bank） The Bank of Yokohama,Ltd.、The Norinchukin Bank、Sumitomo Mitsui Banking Corporation、Sumitomo Mitsui Trust Bank, Limited	Rating & Investment Information, Inc.	Feed One will report annually to the Agent and all lenders through the Agent on the progress of the KPIs and the achievement of the SPT. Feed One will also disclose the progress of the KPIs and the achievement of the SPT on its website (TCFD report, integrated report, etc. are planned).	2022/8/29	3 years	5 billion yen	CO₂ emissions in Scope 1 and 2: 15% reduction in FY2023 compared to FY2020	If the SPT is achieved, a preferential interest rate will be offered as an incentive, and the amount equivalent to the preferential interest rate will be used for ESG and SDG activities.
FEED ONE CO., LTD.		Rating & Investment Information, Inc.		2022/8/29	5 years	5 billion yen	CO₂ emissions in Scope 1 and 2: 25% reduction in FY2025 compared to FY2020
RICOH LEASING COMPANY, LTD.	Sumitomo Mitsui Trust Bank, Limited	Japan Credit Rating Agency, Ltd.	RICOH LEASING COMPANY plans to disclose the performance of KPIs and SPTs periodically after the end of each fiscal year in its annual integrated report and on the Ricoh Leasing webpage. The figures will be reported separately to the lender, Sumitomo Mitsui Trust Bank, Limited.	2022/8/29	-	-	SPT1: Reduce CO₂ emissions (on a gross basis, Scope 1 and 2) to 773.8 t-CO₂ in FY2022, 728.4 t-CO₂ in FY2023, 683.0 t-CO₂ in FY2024, and 637.6 t-CO₂ or less in FY2025 SPT2: Maintain leadership level (A, A-) in CDP climate change score	If SPTs are achieved, arrangements are in place to change financial characteristics.
Archistairs (アーキステアーズ)	The Chiba Bank, Ltd.	Chibagin Research Institute Corporation	Once a year, the status of achievement of SPTs will be checked in a prescribed form. Reporting information will not be made public.	2022/8/30	5 years	-	Percentage of ZEH homes built in company-owned detached houses for sale <Target> 50% in FY2022, 60% in FY2023, 70% in FY2024, 72.5% in FY2025, 75.0% in FY2026	In principle, the SPTs' achievement status is checked on an annual basis, and a mechanism is set up to lower or raise interest rates depending on the status of achievement.
Fukuoka REIT Corporation	Development Bank of Japan Inc. 、THE NISHI-NIPPON CITY BANK, LTD.、THE BANK OF FUKUOKA., LTD. （syndication scheme）	Japan Credit Rating Agency, Ltd.	The borrower will disclose to the lender the performance of the KPIs for the immediately preceding completed year at a pre-determined time each year. Third-party verification of the performance of the SPTs established under the loan will be obtained from an external certification body.	2022/8/31	10 years	4.9 billion yen	Reduce CO₂ emissions (intensity) by 35% by 2030 compared to 2019	If SPTs are achieved, arrangements are in place to change financial characteristics.
Takashimaya Company, Limited	MUFG Bank, Ltd.	Rating & Investment Information, Inc.	The Borrower will submit in writing to the Lender as SPT materials, including the performance of the KPIs for the immediately preceding fiscal year, with August 15 of each year as the deadline for submission of SPT materials (except for the first time, which will be November 15, 2023). The SPT materials to be submitted by the borrower to the lender shall include a verification report obtained from an independent external agency on the performance of the KPIs.	2022/8/31	7 years	12 billion yen	SPT1: Achieve a waste plastic recycling rate of at least 99.0% in FY2025 SPT2: Reduce the total volume of waste by -26.3% in FY2025 (compared to 2019) SPT3: Achieve a ratio of 35.4% of female managers in FY2025 SPT4: Achieve 80% paid leave utilization rate in FY2025	・If the SPT is achieved, a preferential interest rate is applied. ・If the SPT is not achieved, in addition to the fixed interest payment, an amount equivalent to a certain percentage of the loan amount is contributed for donation.
HOKUSHU Co., Ltd.	The 77 Bank, Ltd.	Rating & Investment Information, Inc.	Hokusyu will report annually to its lender, 77 Bank, on the progress of the KPIs and the achievement of the SPT. The progress of the KPIs and the achievement of the SPT will also be disclosed on the Hokusyu website.	2022/8/31	-	0.1 billion yen	The percentage of G2 grade homes in the annual number of new homes delivered under the Hokusyu Housing brand of custom-built housing will be raised in stages to 70% by FY2025. (Currently, the percentage is approximately 50%.)	If the SPT achieves this, the spread will be reduced.
KAJIMA CORPORATION	The Gunma Bank,Ltd.	Rating & Investment Information, Inc.	The results of the evaluation of the CDP Climate Change Score, a KPI, will be disclosed once a year (around December) on CDP's website. The borrower will notify the lender of the achievement status of the SPT by the end of January each year upon receipt of such disclosure. In addition, a summary of the Loan and the status of achievement of the SPT after origination will be posted on KAJIMA's website.	2022/8/31	-	-	Achieving a high rating in the CDP's published climate change score	It is designed to check the achievement of the SPT each fiscal year and reduce the applicable interest rate if the SPT is achieved.
TOWA	The Bank of Kyoto, Ltd.	Rating & Investment Information, Inc.	The data on CO₂ emissions intensity (CO₂ emissions per net sales) for Scope 1+2, which is a KPI, will be posted on the TOWA website along with information on sustainability and governance.	2022/8/31	5 years	1.2 billion yen	Reduction of TOWA Group's Scope 1+2 CO₂ emissions intensity (CO₂ emissions per unit of sales) from FY2022 to FY2025	It is designed to check the achievement of the SPT each fiscal year and reduce the applicable interest rate if the SPT is achieved.
FP Corporation	The Norinchukin Bank	Rating & Investment Information, Inc.	FP Corporation plans to disclose the progress of the KPIs once a year through its Sustainability Report and Integrated Report, which will be published on its website, etc., and will also report to the Norinchukin Bank, the lender.	2022/8/31	10 years	5 billion yen	SPT1: Reduce the total amount of CO₂ emissions from Scope 1 and Scope 2 by 31% by the year ending March 31, 2031, compared to the year ended March 31, 2020. SPT2: CO₂ emission reduction by eco-products (Eco Tray, Eco APET, Eco OPET) to be 237,000 tons by March 31, 2025 and 272,000 tons by March 31, 2031.	If the SPTs are achieved, the applicable interest rate will be reduced.
Daiei Real Estate & Development	Mizuho Bank, Ltd.	Japan Credit Rating Agency, Ltd.	The borrower intends to disclose the performance of the KPIs to the lender at the end of November 2031. In addition, the lender plans to obtain third-party verification of the performance of the SPTs established under the loan by an external certification body.	2022/8/31	9 years & 6 months	5 billion yen	Reduce CO₂ emissions ( intensity basis) by 30% by FY2030 (compared to FY2013)	If the SPT is not achieved, a predetermined amount of money will be donated to public interest incorporated associations, public interest foundations, international organizations, local government-approved NPOs, local governments, and similar organizations that are engaged in activities that contribute to decarbonization in Saitama Prefecture within a certain period.
P's-first Co. Ltd.	The Hyakujushi Bank, Ltd.	Rating & Investment Information, Inc.	Annually, until the fulfillment of obligations is completed, the status of achievement of SPTs will be checked in the prescribed form.	2022/8/31	-	-	Number of assistance dogs (hearing dogs and service dogs) certified annually	Preferential lending rates based on achievement of SPTs
Masayoshi Shokai (正芳商会)	The Hyakujushi Bank, Ltd.	Rating & Investment Information, Inc.	Annually, until the fulfillment of obligations is completed, the status of achievement of SPTs will be checked in the prescribed form.	2022/8/31	-	-	Amount of recycled plastic film collected and sold	In principle, the progress of the SPTs will be checked on an annual basis, and the interest rate will be reduced according to the progress of the SPTs.
Bazzar Shoji co.,ltd.	The Hyakujushi Bank, Ltd.	Rating & Investment Information, Inc.	Annually, until the fulfillment of obligations is completed, the status of achievement of SPTs will be checked in the prescribed form.	2022/8/31	-	-	Nugget copper and recycled vinyl raw material production growth rate	In principle, the progress of the SPTs will be checked on an annual basis, and the interest rate will be reduced according to the progress of the SPTs.
ＢＬＩＳＳ	The Chiba Bank, Ltd.	Chibagin Research Institute Corporation	Once a year, the status of achievement of SPTs will be checked in a prescribed form. Reporting information will not be made public.	2022/8/31	-	-	Percentage of ZEH homes in company-constructed homes Target for FY2022: 10% Target for FY2023: 30%	In principle, the SPTs' achievement status is checked on an annual basis, and a mechanism is set up to lower or raise interest rates depending on the status of achievement.
Nomura Real Estate Holdings, Inc.	The Keiyo Bank,Ltd.	Rating & Investment Information, Inc.	Emissions for Scope 1, 2, and 3 will be reported on the Nomura Real Estate Holdings sustainability website and in the Sustainability Report, along with information on the sustainability policy and governance.	2022/8/31	-	1 billion yen	Reduce total greenhouse gas (CO₂) emissions for Scope 1, 2, and Scope 3 by 35% by 2030 (compared to FY 2019)	Preferential applicable interest rates based on achievement of SPTs
Daiwa House REIT Investment Corporation	Syndication method MUFG Bank, Ltd.、Mizuho Bank, Ltd.、The Norinchukin Bank、Shinsei Bank, Limited、THE YAMAGUCHI BANK, LTD.、Kansai Mirai Bank, Limited	Japan Credit Rating Agency, Ltd.	Daiwa House REIT Investment Corporation plans to disclose the results of the CDP evaluation, which is a KPI, to lenders, etc. on its website promptly after the results are disclosed by CDP.	2022/9/5	9.1 years	4 billion yen	To be certified as an A-list company under the CDP Climate Change Program	Financial characteristics of the arrangement change depending on whether or not the SPT is achieved.
Eco Style Co.,Ltd.	The Kiyo Bank, Ltd.	Rating & Investment Information, Inc.、 Wakayama Institute for Social & Economic Development	Over the term of the loan, Eco Style will report annually to the Kiyo Bank's sales branches on the status of SPTs achievement. The reporting content is also shared with Wakayama Institute for Social & Economic Development through the Kiyo Bank.	2022/9/7	5 years	0.1 billion yen	Single-year installed capacity or cumulative installed capacity for low-voltage PV power plants from FY2022 to FY2027	The SPTs' achievement status is checked annually, and the incentive design is such that interest rates are reduced upon achievement.
KUWAHARA CORPORATION	The Hiroshima Bank, Ltd.	HIROGIN area design Co. Ltd.	KUWAHARA intends to submit a written statement to the Hiroshima Bank regarding the achievement of the SPT. KUWAHARA intends to announce on Hiroshima Bank's website that this financing is based on a Sustainability Linked Loan.	2022/9/9	5 years	0.24 billion yen	・Improvement of paid leave utilization rate ・100% of male employees taking maternity leave	The interest rate applied during the term of the loan will be determined by the achievement of the following requirements (1) The borrower must report to the lender in writing on the progress of its initiatives. (2) The SPT target figures must be achieved. If (1) is complied with, the spread will remain the same even if (2) is not met. If (1) is complied with and (2) is achieved, the spread is designed to decrease.
Marushin Corporation （丸伸企業）	The Hiroshima Bank, Ltd.	HIROGIN area design Co. Ltd.	Marushin Corporation intends to submit a written statement to the Hiroshima Bank regarding the achievement of the SPT. Marushin Corporation intends to announce on Hiroshima Bank's website that this financing is based on a Sustainability Linked Loan.	2022/9/15	5 years	0.15 billion yen	Reduce CO₂ emissions relative to sales by 1.0% year-on-year	The interest rate applied during the term of the loan will be determined by the achievement of the following requirements (1) The borrower must report to the lender in writing on the progress of its initiatives. (2) The SPT target figures must be achieved. If (1) is complied with, the spread will remain the same even if (2) is not met. If (1) is complied with and (2) is achieved, the spread is designed to decrease.
Nomura Real Estate Holdings, Inc.	The Ashikaga Bank, Ltd.	Rating & Investment Information, Inc.	Emissions for Scope 1, 2, and 3 will be reported on the Nomura Real Estate Holdings sustainability website and in the Sustainability Report, along with information on the sustainability policy and governance.	2022/9/15	-	５ billion yen	Reduce total greenhouse gas (CO₂) emissions for Scope 1, 2, and Scope 3 by 35% by 2030 (compared to FY 2019)	Preferential interest rates if SPTs are achieved in FY2030
Kyushu Railway Company	Sumitomo Mitsui Trust Bank, Limited、The Fukui Bank, Ltd.、THE NISHI-NIPPON CITY BANK, LTD.、Mizuho Bank, Ltd.,THE BANK OF FUKUOKA., LTD.THE NISHI-NIPPON CITY BANK, LTD.、The Higo Bank, Ltd.	Japan Credit Rating Agency, Ltd.	Kyushu Railway Company will disclose annually on our website the status of achievement of the established KPIs against the SPT for the period up to the maturity of the Sustainability Linked Loan.	2022/9/20	-	2 billion yen	Reduce CO₂ emissions in Scope 1 and 2, by 50% in FY2030 (compared to FY13, the base year)	The SPT will be specifically specified in the loan documents (loan agreement and other related agreements) for each loan. If the SPT is not achieved/achieved, the interest rate will increase/decrease at the annual rate specified for the SPT at the time of loan implementation from the interest payment after the judgment date until the maturity date.
Senko Corporation （センコーコーポレーション）	THE HYAKUGO BANK,LTD.	Rating & Investment Information, Inc.	Public disclosure of the project outline will be made if the borrower agrees at the time of loan execution. THE HYAKUGO BANK will receive reports from the borrower once a year during the loan period on application status of the funds procured and the effects of the environmental improvements.	2022/9/20	-	-	Aim to increase the cumulative installed capacity of solar power generation facilities by Universal Ecology Corporation to 254,000 kW by the fiscal year ending March 31, 2030, a 218% increase over the 116,440 kW installed at the end of the fiscal year ended March 31, 2020.	Incentives such as interest rate reductions are set based on the achievement of SPTs
RICOH LEASING COMPANY, LTD.	The Norinchukin Bank	Japan Credit Rating Agency, Ltd.	Ricoh Leasing plans to disclose the performance of KPIs and SPTs periodically after the end of each fiscal year in its annual integrated report and on the Ricoh Leasing webpage. The figures will be reported separately to the Norinchukin Bank, the lender.	2022/9/27	-	-	SPTs 1: CO₂ emissions (Scope 1 and 2) to be 773.8 t-CO₂ in FY2022, 728.4 t-CO₂ in FY2023, 683.0 t-CO₂ in FY2024, 637.6 t-CO₂ in FY2025, 592.2 t-CO₂ in FY2026, 546.8 t-CO₂ in FY2027 or less in FY2027. SPTs 2: Maintain leadership level (A, A-) in CDP Climate Change Score	Arrangements are in place to change financial characteristics if SPTs are achieved.
WWB	The Hiroshima Bank, Ltd.	HIROGIN area design Co. Ltd.	WWB intends to submit a written statement to the Hiroshima Bank regarding the achievement of the SPT. WWB intends to announce on Hiroshima Bank's website that this financing is based on a Sustainability Linked Loan.	2022/9/28	5 years	0.4 billion yen	Increase generation capacity of company-owned renewable energy power generation facilities. (Every year until FY2031, increase by 5MW or more (Direct Current basis) compared to the previous year)	The interest rate applied during the term of the loan will be determined by the achievement of the following requirements (1) The borrower must report to the lender in writing on the progress of its initiatives. (2) The SPT target figures must be achieved. If (1) is complied with, the spread will remain the same even if (2) is not met. If (1) is complied with and (2) is achieved, the spread is designed to decrease.
Kyushu Leasing Service Co.,Ltd.	Syndication method (Arranger:Shinsei Bank, Limited) Oita Prefecture Credit Agricultural Cooperative Union（大分県信用農業協同組合連合会）、THE SAN-IN GODO BANK,LTD.、Shinsei Bank, Limited、Daishi Hokuetsu Bank, Ltd、The Chiba Bank, Ltd.、THE TOTTORI BANK, LTD、Nippon Life Insurance Company.	Shinsei Bank, Limited Sustainable Impact Development Division,Sustainable Impact Assessment Department	Information is provided to lenders and the general public at least once a year on the status of achievement of SPTs.	2022/9/28	-	5 billion yen	To achieve a balance of 20 billion yen in environment-related assets for the fiscal year ending March 31, 2023 and 24 billion yen for the fiscal year ending March 31, 2024.	Lending terms vary depending on the achievement of the SPT.
Fujikyu Unyu Warehouse （藤久運輸倉庫）	The Bank of Nagoya, Ltd.	Rating & Investment Information, Inc.	Once a year, the achievement of SPTs will be checked with the value of the company's fiscal year.Fujikyu Unyu Warehouse will report to The Bank of Nagoya after receiving confirmation from a third-party specialized agency.	2022/9/28	5 years	0.05 billion yen	Reduce CO₂ emissions by 21.0% relative to FY2020 levels over the five-year period from FY2021 to FY2025 as a milestone toward achieving the goal of a 42% reduction in CO₂ emissions by 2030 relative to FY2020 levels.	Apply preferential interest rates when SPTs are achieved.
Nomura Real Estate Holdings, Inc.	Syndication method (Arranger: The Norinchukin Trust & Banking Co.,Ltd.） Tokyo Credit Agricultural Cooperative Union（東京都信用農業協同組合連合会）、Saitama Credit Agricultural Cooperative Union（埼玉県信用農業協同組合連合会）、Nagano Credit Agricultural Cooperative Union（長野県信用農業協同組合連合会）、Kyoto Credit Agricultural Cooperative Union（京都府信用農業協同組合連合会）、Fukuoka Credit Agricultural Cooperative Union（福岡県信用農業協同組合連合会）、The Norinchukin Bank	Rating & Investment Information, Inc.	Emissions for Scope 1, 2, and 3 will be reported on the Nomura Real Estate Holdings sustainability website and in the Sustainability Report, along with information on the sustainability policy and governance.	2022/9/29	-	-	Reduce total greenhouse gas (CO₂) emissions for Scope 1, 2, and Scope 3 by 35% by 2030 (compared to FY 2019)	Preferential interest rates if SPTs are achieved in FY2030
Yaguma Mekki Kougyou. （八熊鍍金工業）	The Bank of Nagoya, Ltd.	Rating & Investment Information, Inc.	Once a year, the achievement of SPTs will be checked with the value of the company's fiscal year. Yaguma Mekki Kougyou. will report to The Bank of Nagoya after receiving confirmation from a third-party specialized agency.	2022/9/29	5 years	0.1 billion yen	Reduce CO₂ emissions by 21.0% compared to FY2021 during the five-year period from FY2022 to FY2026 as a milestone to achieve the CO₂ reduction target of 46.2% compared to FY2021 by FY2030.	Apply preferential interest rates when SPTs are achieved.
Nomura Real Estate Holdings, Inc.	The Minato Bank, Ltd.	Rating & Investment Information, Inc.	Emissions for Scope 1, 2, and 3 will be reported on the Nomura Real Estate Holdings sustainability website and in the Sustainability Report, along with information on the sustainability policy and governance.	2022/9/30	8 years	1 billion yen	Reduce total greenhouse gas (CO₂) emissions for Scope 1, 2, and Scope 3 by 35% by 2030 (compared to FY 2019)	Preferential interest rates if SPTs are achieved in FY2030
Nomura Real Estate Holdings, Inc.	THE NISHI-NIPPON CITY BANK, LTD.	Rating & Investment Information, Inc.	Emissions for Scope 1, 2, and 3 will be reported on the Nomura Real Estate Holdings sustainability website and in the Sustainability Report, along with information on the sustainability policy and governance.	2022/9/30	-	-	Reduce total greenhouse gas (CO₂) emissions for Scope 1, 2, and Scope 3 by 35% by 2030 (compared to FY 2019)	Preferential interest rates if SPTs are achieved in FY2030
JVC KENWOOD Corporation	Syndication method （Arranger：Resona BankSumitomo Mitsui Banking Corporation、Sumitomo Mitsui Trust Bank, Limited)	Japan Credit Rating Agency, Ltd.	JVC KENWOOD plans to disclose its KPI performance on its website at least once a year, and will have its CO₂ emissions (Scope 1 + Scope 2) reviewed by an independent third party to confirm progress on the SPT.	2022/9/30	5 years	10 billion yen	CO₂ emissions reduction rate per fiscal year at the company and the consolidated subsidiaries' operating bases (total volume basis, Scope 1+2, compared to FY2019) FY2022: -12.6% or more, FY2023: -16.8% or more, FY2024: -21.0% or more, FY2025: -25.2% or more	Arrangements are in place to change financial characteristics when the SPT is achieved.
WAKOSIKI.,CO.LTD	Saitama Resona Bank,Limited	Rating & Investment Information, Inc.	WAKOSIKI will report to its lender, Saitama Resona Bank, once a year (at the end of April) on the progress of KPI and the achievement of SPT. In addition to the report to the lender, WAKOSIKI will disclose the information on its website.	2022/9/30	5 years	0.13 billion yen	Cumulative sales of the Polyecolene series	It is designed to reduce the applicable interest rate if the SPT is achieved.
NAMICS Corporation	Daishi Hokuetsu Bank, Ltd	Rating & Investment Information, Inc.	NAMICS will submit to the lender, by the SPT reporting deadline, documents showing the achievement of the SPT as verified by a third party in the immediately preceding period. KPIs and targets will be disclosed on the NAMICS webpage.	2022/9/30	3 years	7 billion yen	Percentage reduction in greenhouse gas emissions in line with SBT target levels	It is designed to look at the achievement of the SPT target and exempt the facility fee for the maximum amount if it is achieved.
DEVELOP Co.,Ltd.	Syndication method （Arranger：The Keiyo Bank,Ltd.) The Shoko Chukin Bank，Ltd.、The Chiba Kogyo Bank, Ltd.	Rating & Investment Information, Inc.	DEVELOP will report the progress of KPIs to the lender annually.Data on the KPIs, the number of solar power plants managed under contract and the total cumulative output of solar cells, will be reported in writing to the agent and the lender, and will be posted on the website annually.	2022/9/30	-	-	Increase the number of photovoltaic power plant management contracts and the cumulative total output of photovoltaic cells to 2,596 (223%) and 255,150Kw (177%), respectively, by FY01/2035.	It is designed to reduce loan terms for subsequent interest calculation periods based on the achievement of KPIs at the end of each fiscal year
Maruwa Unyu Kikan Co., Ltd.	Syndication method （Arranger：Resona Bank,Ltd.、etc.) Saitama Resona Bank,Limited	Rating & Investment Information, Inc.	Maruwa Unyu Kikan will provide the agent and the lender with materials showing the results of the KPIs verified by a third party in the immediately preceding period by the reporting deadline. The results of the KPIs will be disclosed on its website.	2022/9/30	10 years	3 billion yen	Achieve the number of contracted municipalities from 31 by the end of March 2022 to 100 by the end of March 2031 (establishment of a support system in the event of a major disaster)	It is designed to lower the applicable spread if the SPT is achieved.
Heiwa Real Estate Co., Ltd.	Syndication method （Arranger：Sumitomo Mitsui Banking Corporation）	Japan Credit Rating Agency, Ltd.	Heiwa Real Estate plans to disclose the performance of KPIs to Chiba Bank after the end of each fiscal year. The SPT performance established under the loan is scheduled to be verified by an external certification body.	2022/9/30	-	-	Reduce GHG emissions (total, Scope 1 and 2) by 50% by 2030 compared to FY 2018	Financial characteristics of the arrangement change depending on whether or not the SPT is achieved.
Daiei Real Estate & Development	Syndication method （Arranger：Saitama Resona Bank,Limited、Aozora Bank, Ltd.） Resona Bank,Ltd.、etc.	Japan Credit Rating Agency, Ltd.	Daiei Real Estate plans to disclose the performance of the KPIs to the lender at the end of November 2031. In addition, the company plans to obtain third-party verification of the performance of the SPTs established under the loan by an external certification body.	2022/9/30	9 years and 6 months	7 billion yen	Reduce CO₂ emissions by 30% on an intensity basis by FY2030 compared to FY2013	Financial characteristics of the arrangement change depending on whether or not the SPT is achieved.
Ookochi（オオコーチ）	THE HYAKUGO BANK,LTD.	Rating & Investment Information, Inc.	Public disclosure of the project outline will be made if the borrower agrees at the time of loan execution. THE HYAKUGO BANK will receive reports from the borrower once a year during the loan period on application status of the funds procured and the effects of the environmental improvements.	2022/9/30	-	-	Reduction rate of greenhouse gas emissions (42% reduction in greenhouse gas emissions by FY2030 compared to FY2021)	Incentives such as interest rate reductions are set based on the achievement of SPTs
YAMATO JYUKEN, INC	THE YAMAGUCHI BANK, LTD.	Rating & Investment Information, Inc.	In principle, once a year, the status of achievement of SPTs will be reported to Yamaguchi Bank's branch offices using the prescribed form. The report should also include evidence, data, and other prima facie evidence necessary for the verification work.	2022/9/30	5 years	0.2 billion yen	ZEH contract rate <Target> 80% in FY2022, 80% in FY2023, 80% in FY2024, 80% in FY2025	The SPTs' achievement status is checked annually, and the incentive is designed to reduce the interest rate when the SPTs are achieved.
Asset Inventory, Inc.	The Chiba Bank, Ltd.	Rating & Investment Information, Inc. Chibagin Research Institute Corporation	Once a year, the status of achievement of SPTs will be checked in a prescribed form. Reporting information will not be made public.	2022/9/30	5 years	-	SPT1 - Reduction rate of CO₂ emissions (compared to FY2017) <Target> -13.54% in 2022, -16.25% in 2023, -18.96% in 2024, -21.67% in 2025, -24.38% in 2026 SPT2-Number of participants in gerontology training (cumulative) <Target> 2,500 in 2022, 5,500 in 2023, 8,500 in 2024, 11,500 in 2025, 14,500 in 2026	In principle, the SPTs' achievement status is checked on an annual basis, and a mechanism is set up to lower or raise interest rates depending on the status of achievement.
HIRAKIN (平林金属)	The Chugoku Bank, Ltd	Rating &smap; Investment Information, Inc. Okayama Economic Research Institute	・Report to The Chugoku Bank once a year on the status of fund allocation (projects allocated, amount of funds), unallocated balance, and environmental improvement effects. ・At the time of reporting, the Okayama Economic Research Institute will confirm the validity of the report.	2022/9/30	10 years	0.3 billion yen	Amount of hard plastic recovered from shredder dust generated in the process of recycling (shredding and sorting) used products	Applicable interest rates are reduced by up to 0.2% per year, depending on the achievement of SPT.
Chocolate Design Holdings（SPC) （チョコレートデザインホールディングス）	The Bank of Yokohama,Ltd.	Japan Credit Rating Agency, Ltd.	-	2022/9/30	-	-	Indicators to measure market penetration of fair trade chocolate	-
eneglobal,Inc.	The Chiba Bank, Ltd.	Chibagin Research Institute Corporation	Once a year, the status of achievement of SPTs will be checked in a prescribed form. Reporting information will not be made public.	2022/9/30	5 years	-	Capacity of in-house developed photovoltaic power generation facilities power generation capacity (MW) <Target> 129.9 in FY2022, 181.5 in FY2023, 265.4 in FY2024, 350.0 in FY2025, 457.6 in FY2026	In principle, the SPTs' achievement status is checked on an annual basis, and a mechanism is set up to lower or raise interest rates depending on the status of achievement.
Japan Foods Co., Ltd.	The Chiba Bank, Ltd.	Chibagin Research Institute Corporation	Once a year, the status of achievement of SPTs will be checked in a prescribed form. Reporting information will not be made public.	2022/9/30	5 years	0.5 billion yen	SPT1 - CO₂ emissions reduction rate per case of product produced (compared to FY2021) <Targets>FY2022: -1.00%, FY2023: -2.00%, FY2024: -3.00%, FY2025: -4.00% SPT2 - Reduction rate of water consumption per case of product produced (compared to FY2021) <Target> FY2022: -2.00%, FY2023: -4.00%, FY2024: -6.00%, FY2025: -8.00%	In principle, the SPTs' achievement status is checked on an annual basis, and a mechanism is set up to lower or raise interest rates depending on the status of achievement.
SAYS Co., Ltd.	The Chiba Bank, Ltd.	Chibagin Research Institute Corporation	Once a year, the status of achievement of SPTs will be checked in a prescribed form. Reporting information will not be made public.	2022/9/30	5 years	-	Percentage of ZEH-equivalent homes in in-house constructed homes <Target>FY2022: 90.00%, FY2023: 92.00%, FY2024: 94.00%, FY2025: 95.00%, FY2026: 96.00%	In principle, the SPTs' achievement status is checked on an annual basis, and a mechanism is set up to lower or raise interest rates depending on the status of achievement.
MIKIFOODS CO.,LTD.	The Chiba Bank, Ltd.	Chibagin Research Institute Corporation	Once a year, the status of achievement of SPTs will be checked in a prescribed form. Reporting information will not be made public.	2022/9/30	5 years	-	Percentage of non-plastic materials of plastic baskets used in meat processing <Target> 7.50% as of September 30, 2023, 15.00% as of September 30, 2024, 22.50% as of September 30, 2025, and 30.00% as of September 30, 2026	In principle, the SPTs' achievement status is checked on an annual basis, and a mechanism is set up to lower or raise interest rates depending on the status of achievement.
Hirosima Kensetsu Co.,Ltd.	The Chiba Bank, Ltd.	Chibagin Research Institute Corporation	Once a year, the status of achievement of SPTs will be checked in a prescribed form. Reporting information will not be made public.	2022/9/30	4 years	-	Percentage of custom-built ZEH homes in contracted construction <Target> FY2022: 50.0%, FY2023: 50.0%, FY2024: 50.0%, FY2025: 50.0%	In principle, the SPTs' achievement status is checked on an annual basis, and a mechanism is set up to lower or raise interest rates depending on the status of achievement.
NIKKIN (日金)	The Chiba Bank, Ltd.	Chibagin Research Institute Corporation	Once a year, the status of achievement of SPTs will be checked in a prescribed form. Reporting information will not be made public.	2022/9/30	5 years	-	SPT1-Introduction of environmentally friendly trucks (units) 1 at the end of FY2025 SPT2 - Ratio of electric forklift trucks owned (%) 80% at the end of FY2025	In principle, the SPTs' achievement status is checked on an annual basis, and a mechanism is set up to lower or raise interest rates depending on the status of achievement.
TOUSOU PLANNING SERVICE CO,.LTD.	The Chiba Bank, Ltd.	Chibagin Research Institute Corporation	Once a year, the status of achievement of SPTs will be checked in a prescribed form. Reporting information will not be made public.	2022/9/30	5 years	-	Percentage of ZEH homes in company-constructed homes (%) <Target> FY2023: 17.50%, FY2024: 35.00%, FY2025: 50.00%	In principle, the SPTs' achievement status is checked on an annual basis, and a mechanism is set up to lower or raise interest rates depending on the status of achievement.
ISHIZUKA GLASS CO.,LTD.	THE CHUKYO　BANK,Ltd.	Rating & Investment Information, Inc.	Ishizuka Glass will publish on its website and report to its lender, Chukyo Bank, by the end of November every year after 2023, based on the actual performance values of KPIs for the previous year verified by an independent third-party organization.	2022/9/30	10 years	1 billion yen	Reduce CO₂ emissions by 50% in FY2030 (compared to FY2015)	The spread will be lowered if the SPT is achieved each fiscal year.
MEIDENSHA CORPORATION	Sumitomo Mitsui Banking Corporation	The Japan Research Institute, Limited. DNV GL BUSINESS ASSURANCE JAPAN K.K.	At least once a year, the Meiden Group plans to disclose its progress toward SPTs and the results of third-party verification of GHG emissions (Scope 1+2) in the Meiden Report on its website.	2022/9/30	-	-	GHG emissions from business activities (Scope 1+2) (Japan) -5% (compared to FY2019)	If SPTs are achieved, the borrower will be eligible to receive an evaluation and opinion letter from JRI stating that it has made progress in its efforts to advance sustainability management, and the costs associated with the issuance of the letter will be waived.
VOLCAFE LTD.	The Hyakujushi Bank, Ltd.	Rating & Investment Information, Inc.	Annually, until the fulfillment of obligations is completed, the status of achievement of SPTs will be checked in the prescribed form.	2022/10/5	-	-	Growth rate of new contract volume of coffee beans with sustainability certification <Target> FY9/2023: 5% or more of the previous year's level FY9/2024: 5% or more of the previous year's level	In principle, the progress of the SPTs will be checked on an annual basis, and the interest rate will be reduced according to the progress of the SPTs.
Fujii Store Corporation	The Hyakujushi Bank, Ltd.	Rating & Investment Information, Inc.	Annually, until the fulfillment of obligations is completed, the status of achievement of SPTs will be checked in the prescribed form.	2022/10/6	-	-	Increase in sales volume of Eco-Feed based on our standard (compared to FY2022) <Target> 1% in 2023, 2% in 2024, 3% in 2025, 4% in 2026, 5% in 2027	In principle, the progress of the SPTs will be checked on an annual basis, and the interest rate will be reduced according to the progress of the SPTs.
MITSUBISHI ESTATE CO., LTD.	The Norinchukin Bank	Japan Credit Rating Agency, Ltd.	Mitsubishi Estate will disclose the actual results of KPI and the latest information on its sustainability strategy for SPT on its website on an annual basis, and will undergo third-party verification of the status of SPT achievement and disclose the results of such verification as well.	2022/10/14	11 years	25 billion yen	SPT1-Achieve 100% of electricity from renewable energy sources in FY2025 SPT2 - Achieve total reduction of CO₂ and other greenhouse gases of 70% in Scope 1 and 2 and 50% in Scope 3 by FY2030 compared to FY19.	The financial characteristics of the arrangement change depending on the achievement of the SPT.
MITSUBISHI ESTATE CO., LTD.	The Norinchukin Bank	Japan Credit Rating Agency, Ltd.		2022/10/14	6 years	25 billion yen
e-Conexion co.,Ltd	The Chiba Bank, Ltd.	Chibagin Research Institute Corporation	Once a year, the status of achievement of SPTs will be checked in a prescribed form. Reporting information will not be made public.	2022/10/14	5 years	0.2 billion yen	Ratio of electricity derived from renewable energy sources <Target> FY2022: 20%, FY2023: 40%, FY2024: 60%, FY2025: 80%, FY2026: 100%.	In principle, the SPTs' achievement status is checked on an annual basis, and a mechanism is set up to lower or raise interest rates depending on the status of achievement.
Everfield （エバーフィールド）	The Higo Bank, Ltd.	Rating & Investment Information, Inc.	Everfield will report the actual performance of KPIs to the lender, Higo Bank, by publishing them on its website.	2022/10/24	10 years	0.22 billion yen	SPT-1 Achieve at least 95% utilization of local timber in FY2025 and beyond. SPT-2 Achieve a ZEH conversion rate of at least 80% in FY2025 and beyond. SPT-3 Number of in-house carpenters: 20 or more by the end of March 2030	The spread will be lowered when all SPTs have been achieved, based on the status of achievement of the SPTs.
Mitsubishi Estate Logistics REIT Investment Corporation (MEL)	The Norinchukin Bank	Japan Credit Rating Agency, Ltd.	After the end of each fiscal year, the performance of KPIs will be disclosed to lenders, etc. via a website. At that time, third-party verification from an external certification organization is scheduled to be obtained for disclosure items related to CO₂ emissions ( intensity) and energy consumption ( intensity).	2022/10/25	9 years	2 billion yen	SPT1-CO₂ emissions (FY2030 target: 30% reduction from FY2017 level, on an intensity basis) SPT2-Energy consumption (FY2030 target: 15% reduction from FY2017, on an intensity basis) SPT3 - Green building certification acquisition rate (FY2030 target: 100%) SPT4-GRESB Real Estate Assessment (Target: Continue to obtain at least 4 stars until FY2030)	If SPTs are achieved, arrangements are made to vary financial characteristics based on the time of achievement and the number of SPTs achieved.
TODA CORPORATION	Syndication method (Arranger: MUFG Bank, Ltd.r） THE AICHI BANK, LTD.、 The Aomori Bank, Ltd.、The Akita Bank,Ltd.、The Ashikaga Bank, Ltd.、The Bank of Iwate, Ltd、The Bank of Okinawa, Ltd、THE KAGAWA BANK,Ltd.、Kanagawa Credit Agricultural Cooperative Union（神奈川県信用農業協同組合連合会）、Kansai Mirai Bank, Limited、The Bank of Kyoto, Ltd.、The Keiyo Bank,Ltd.、Saitama Credit Agricultural Cooperative Union（埼玉県信用農業協同組合連合会）、The 77 Bank, Ltd.、The Juroku Bank, Ltd.行、The Joyo Bank, Ltd.、SUMITOMO LIFE INSURANCE COMPANY、The Shinkumi Federation Bank、TAIYO LIFE INSURANCE COMPANY、The Chugoku Bank, Ltd、THE TOHO BANK, LTD.、THE TOCHIGI BANK, LTD.、THE FIRST BANK OF TOYAMA, LTD.、Nagano Credit Agricultural Cooperative Union（長野県信用農業協同組合連合会）、The Bank of Nagoya, Ltd.、THE NISHI-NIPPON CITY BANK, LTD.、The Norinchukin Bank、THE HACHIJUNI BANK,LTD.、The Higashi-Nippon Bank, Limited、THE HYAKUGO BANK,LTD.、THE BANK OF FUKUOKA., LTD.、THE HOKKAIDOBANK,LTD.、MUFG Bank, Ltd.、The Minato Bank, Ltd.行、The Miyazaki Bank, Ltd、The Musashino Bank, Ltd、THE YAMAGUCHI BANK, LTD.	Rating & Investment Information, Inc.	By the end of September of each fiscal year from FY2023 to FY2031, the actual results of KPIs and the status of achievement of SPTs in the previous fiscal year will be disclosed on the website along with other KPIs and information on the latest sustainability strategy related to SPTs (limited to the extent practically possible).	2022/10/26	10 years	30 billion yen	SPT1-Reduce total GHG emissions in Scope 1 and 2 specified in SPT1-SBT by 42% by the end of FY2030 compared to FY2020 SPT2-Reduce 25% of total Scope 3 GHG emissions by the end of FY2030 compared to FY2020, as defined by the SBT.	If any of the SPTs are satisfied on the SPTs determination date, the designated preferential interest rate will be applied for each interest calculation period beginning on the SPTs determination date or any later date, as applicable, in accordance with the requirements for the satisfaction of each SPT.
Nomura Real Estate Holdings, Inc.	The Joyo Bank, Ltd.	Rating & Investment Information, Inc.	Emissions for Scope 1, 2, and 3 will be reported on the Nomura Real Estate Holdings sustainability website and in the Sustainability Report, along with information on the sustainability policy and governance.	2022/10/26	-	2 billion yen	Reduce total greenhouse gas (CO₂) emissions for Scope 1, 2, and Scope 3 by 35% by 2030 (compared to FY 2019)	Preferential interest rates if SPTs are achieved in FY2030
OUTSOURCING Inc.	Syndication method (Arranger: Shinsei Bank, Limited) THE BANK OF KOCHI, LTD.、THE SAN-IN GODO BANK,LTD．、San ju San Bank,Ltd.、Shimane bank Ltd.、THE SHIMIZU BANK,LTD、Shinsei Bank, Limited、The Chiba Bank, Ltd.、Tsukuba Bank, Ltd.、THE TOWA BANK, LTD、THE TOTTORI BANK, LTD、The Higashi-Nippon Bank, Limited、The Fukui Bank, Ltd、FUKUSHIMA　BANK	Shinsei Bank, Limited Sustainable Impact Development Division,Sustainable Impact Assessment Department	Information is provided to lenders and the general public at least once a year on the status of achievement of SPTs.	2022/10/27	-	12 billion yen	①Number of specialists (career change): 8,009 in FY2023, 13,544 in FY2025 ② Number of participants and estimated number of participants in education and training programs such as career advancement education: 66,935 in FY2023, 123,954 in FY2025 ③ Number of productivity improvement specialists: 54,349 in FY2023, 63,370 in FY2025 ④ Number of training sessions for compliance and internal control enhancement: 32 in FY2023 ⑤ Number of town hall meetings held with top management to reform internal culture FY2023: Once a year for two consecutive years ⑥ Number of comments by executives in the Group newsletter aimed at reforming the internal corporate culture: 7 times in FY2023	Loan conditions vary depending on the achievement of SPT.
MITSUBISHI GAS CHEMICAL COMPANY, INC.	The Norinchukin Bank	DNV GL BUSINESS ASSURANCE JAPAN K.K.	MGC will have the status of achievement of SPT verified by an independent external verification organization at least once a year. The results of the verification will be disclosed in a report or integrated report, or in an accessible form such as a website.	2022/10/28	10 years	15 billion yen	Reduce GHG emissions by 36% by FY2030 (Scope 1 & 2, compared to FY 2013)	MGC determines incentives or penalties based on triggering events through a predetermined internal process as a change in interest rate or a donation related to a KPI.
Orient Corporation	Resona Bank,Ltd.	Rating & Investment Information, Inc.	Orico will disclose the progress of KPIs on its website once a year. Orico will also disclose necessary disclosure information on a timely basis as it arises.	2022/10/28	5 years	2 billion yen	Orico's annual auto loan transaction volume in Southeast Asia (new cars limited to EVs) to be 81.9 billion yen by the fiscal year ending March 2025	The characteristics of the bond/loan will change depending on the achievement of the SPT.
Hokkaido Kenseisya	North Pacific Bank,Ltd.	Rating & Investment Information, Inc.	Hokkaido Kenseisha will report in writing to the lender, North Pacific Bank, on the actual KPI values.	2022/10/31	7 years	0.1 billion yen	To grow sales of surgical linen service business to 235 million yen in the fiscal year ending May 2030	The spread will be lowered if the SPT is achieved each fiscal year.
Fuji Corporation Limited	The Kiyo Bank, Ltd.	Rating & Investment Information, Inc.	Fuji Corporation Limited will report the progress of KPIs to lenders annually; the number of serviced senior housing units, a KPI, will be reported in writing to lenders and posted on the website annually.	2022/10/31	5 years	1 billion yen	Number of serviced senior housing units in operation <Target> 227 in FY3/2023, 238 in FY3/2024, 249 in FY3/2025, 261 in FY3/2026, 274 in FY3/2027	At the end of each fiscal year in March of each year, the SPT will be reviewed for achievement, and if achieved, the interest rate will be lowered.
THE SANKEI BUILDING CO., LTD.	The Norinchukin Bank	Rating & Investment Information, Inc.	The Sankei Building will report to the lender on the progress of the SPT once a year, and will report the total CO₂ emissions data for KPIs Scope 1 and 2 to the lender and disclose it on its website by the end of September each year.	2022/10/31	-	-	Reduce total CO₂ emissions from Scope 1 and 2 by 50% by FY2030 compared to FY2013	In FY2028 or FY2030, the achievement status of the previous year's SPTs will be determined, and if not achieved, donations will be selected from "public interest incorporated associations, public interest foundations, international organizations, NPOs authorized by local governments, local governments, and similar organizations that are implementing activities that contribute to the realization of a decarbonized society".
	The Bank of Kyoto, Ltd.			2022/10/31	10 years	1 billion yen	Reduce total CO₂ emissions of Scope 1+2 in FY2029 to less than 60% of the FY 2013 level as a milestone for reducing CO₂ emissions (Scope 1+2) in FY2030 by 50% of the FY 2013 level.
	The Keiyo Bank,Ltd.			2022/10/31	-	2 billion yen	Reduce total CO₂ emissions from Scope 1 and 2 by 50% by FY2030 compared to FY2013
	Shinsei Bank, Limited			2022/10/31		4 billion yen	Reduce total Scope 1 and 2 CO₂ emissions in FY2027 to 70% of the FY 2013 level
	SUMITOMO LIFE INSURANCE COMPANY			2022/10/31		-	Reduce total CO₂ emissions from Scope 1 and 2 by 50% by FY2030 compared to FY2013
	Nippon Life Insurance Company			2022/10/31		-	Reduce total CO₂ emissions from Scope 1 and 2 by 50% by FY2030 compared to FY2013
	Mizuho Bank, Ltd.			2022/10/31		2 billion yen	Reduce total Scope 1 and 2 CO₂ emissions in FY2027 to 70% of the FY 2013 level
	Mizuho Trust & Banking Co., Ltd.			2022/10/31		-	Reduce total CO₂ emissions from Scope 1 and 2 by 50% by FY2030 compared to FY2013
	Sumitomo Mitsui Banking Corporation			2022/10/31		-	Reduce total CO₂ emissions from Scope 1 and 2 by 50% by FY2030 compared to FY2013
	Sumitomo Mitsui Trust Bank, Limited			2022/10/31		-	Reduce total Scope 1 and 2 CO₂ emissions in FY2027 to 70% of the FY 2013 level
	Meiji Yasuda Life Insurance Company			2022/10/31		-	Reduce CO₂ emissions (Scope 1 and 2) by 40% or more in FY2029 (compared to FY 2013)
	Resona Bank,Ltd.			2022/10/31		-	Reduce total CO₂ emissions from Scope 1 and 2 by 50% by FY2030 compared to FY2013
Prime Polymer Co., Ltd.	Development Bank of Japan Inc.	-	Information on the progress and achievement of the SPTs will be reported by Prime Polymer to the Development Bank of Japan once a year, and when the SPTs are achieved, the information will be verified by a third party. Information related to the third-party verification will be disclosed to the public on a regular basis on the website or in the Integrated Report.	2022/10/31	-	1 billion yen	KPI: CO₂ emissions from PP production at PRM's Ichihara, Osaka, and Anesaki plants SPT: Reduce the above KPI by 23.8% in FY2030 compared to FY 2013.	Achievement of SPTs is linked to lending conditions and other factors.
Sanyo Syoji CO.,LTD.	THE SAN-IN GODO BANK,LTD．	Rating & Investment Information, Inc.	Sanyo Shoji will report to San-in Godo Bank once a year on the status of achievement of the SPTs.	2022/10/31	-	0.2 billion yen	Reduction rate of CO₂ emissions (compared to FY2018 results) <Target> FY2022: ▲24%, FY2023: ▲24.4%, FY2024: ▲25%, FY2025: ▲26%, FY2026: ▲27%	A mechanism has been set up to reduce interest rates based on the achievement of SPTs.
Shimada Rubber Industry (島田ゴム工業)	The Chiba Bank, Ltd.	Chibagin Research Institute Corporation	Once a year, the status of achievement of SPTs will be checked in a prescribed form. Reporting information will not be made public.	2022/10/31	-	0.23 billion yen	SPT1 - Number of foreign workers (persons) <Target> FY2022 9, FY2023 9, FY2024 10, FY2025 10, FY2026 10, FY2027 12, FY2028 12, FY2029 15, FY2030 16 SPT2 - Ratio of foreign workers (%) <Target> FY2022 40.9%, FY2023 39.1%, FY2024 41.7%, FY2025 41.7%, FY2026 41.7%, FY2027 46.2%, FY2028 46.2%, FY2029 53.6%, FY2030 53.3%	In principle, the SPTs' achievement status is checked on an annual basis, and a mechanism is set up to lower or raise interest rates depending on the status of achievement.
MITSUBISHI ESTATE・SIMON Co.,Ltd.	Mizuho Bank, Ltd.	Rating & Investment Information, Inc.	MITSUBISHI ESTATE・SIMON shall disclose the progress of SPT to Mizuho Bank once a year in writing with respect to the ratio of renewable energy for each fiscal year, after third-party verification.	2022/10/31	10 years	4 billion yen	Conversion of 100% renewable energy used for electricity at Mitsubishi Estate and Simon (contribution to "RE100")	Preferential interest rates will be applied when SPT targets are achieved for each fiscal year.
Technos (有限会社テクノス)	The Chugoku Bank, Ltd	Rating & Investment Information, Inc. Okayama Economic Research Institute	・Report to The Chugoku Bank once a year on the status of fund allocation (projects allocated, amount of funds), unallocated balance, and environmental improvement effects. ・At the time of reporting, the Okayama Economic Research Institute will confirm the validity of the report.	2022/11/7	5 years	0.06 billion yen	Reduction rate of electricity consumption per net sales <Targets> (year-on-year) ▲2.7% in FY2022, ▲2.7% in FY2023, ▲2.7% in FY2024, ▲2.7% in FY2024, ▲2.7% in FY2025, ▲2.7% in FY2025, ▲2.7% in FY2025, ▲2.7% in FY2026, ▲2.7% in FY2026, ▲2.7% in FY2026, ▲2.7% in FY2026	Applicable interest rates are reduced by up to 0.2% per year, depending on the achievement of SPT.
Nomura Real Estate Holdings, Inc.	THE HOKKAIDOBANK,LTD.	Rating & Investment Information, Inc.	Emissions for Scope 1, 2, and 3 will be reported on the Nomura Real Estate Holdings sustainability website and in the Sustainability Report, along with information on the sustainability policy and governance.	2022/11/18	-	-	Reduce total greenhouse gas (CO₂) emissions for Scope 1, 2, and Scope 3 by 35% by 2030 (compared to FY 2019)	Preferential interest rate spread based on achievement of SPTs
Nomura Real Estate Holdings, Inc.	The Hokuriku Bank, Ltd.	Rating & Investment Information, Inc.	Emissions for Scope 1, 2, and 3 will be reported on the Nomura Real Estate Holdings sustainability website and in the Sustainability Report, along with information on the sustainability policy and governance.	2022/11/18	-	-	Reduce total greenhouse gas (CO₂) emissions for Scope 1, 2, and Scope 3 by 35% by 2030 (compared to FY 2019)	Preferential interest rate spread based on achievement of SPTs
Futagawa Holdings (二川ホールディングス)	The Hyakujushi Bank, Ltd.	Rating & Investment Information, Inc.	Annually, until the fulfillment of obligations is completed, the status of achievement of SPTs will be checked in the prescribed form.	2022/11/18	-	-	Renewable energy generation by the entire group <Target> (for the period ending June 30): 55,388,199 kwh in 2023; 56,588,199 kwh in 2024; 57,788,199 kwh in 2025; 58,988,199 kwh in 2026; 60,188,199 kwh in 2027	In principle, the progress of the SPTs will be checked on an annual basis, and the interest rate will be reduced according to the progress of the SPTs.
NIHON BRONZE CO.,LTD.	The Chiba Bank, Ltd.	Chibagin Research Institute Corporation	Once a year, the status of achievement of SPTs will be checked in a prescribed form. Reporting information will not be made public.	2022/11/18	-	0.3 billion yen	SPT1-Number of environmentally friendly sales and delivery vehicles owned (cumulative) <Target> 2 in 2023, 3 in 2024, 4 in 2025, 5 in 2026 SPT2 - Percentage of paid leave taken by all employees ＜Target>70% in 2023, 80% in 2024, 90% in 2025, 100% in 2026	In principle, the SPTs' achievement status is checked on an annual basis, and a mechanism is set up to lower or raise interest rates depending on the status of achievement.
Kids Corporation Holdings Inc.	MUFG Bank, Ltd.	Japan Credit Rating Agency, Ltd.	-	2022/11/18	-	-	① Increase the number of contracted daycare centers at Kids Corporation by a certain net number ② Reduce the turnover rate of childcare workers within one year of employment to below a certain level	Arrangements are made to vary financial characteristics based on the achievement of SPTs.
Heiwado (平和堂)	THE SHIGA BANK，LTD．	Shigagin Keizai Bunka Center CO.,LTD.	Heiwado will report the actual KPI values for the previous year to the lender by the end of June every year after February 2023, either publicly on its own website or in writing, after verification by a third party such as KEIBUN.	2022/11/24	-	-	Aim to reduce plastic tray consumption per unit production by 25% by FY2030 compared to FY2020, and set annual targets in SPT. <Targets> FY2022: ▲10%, FY2023: ▲15%, FY2024: ▲17%, FY2025: ▲19%	It is designed to look at the achievement status of the SPT for each year, with different spreads applied for achievement and non-achievement.
LIFE CORPORATION	Syndication method (Arranger: Sumitomo Mitsui Trust Bank, Limited)	Japan Credit Rating Agency, Ltd.	LIFE Corporation will disclose KPI performance on its website as of the last day of each fiscal year (the last day of February), the percentage reduction in KPIs from the base year of FY2013 or FY2017, and will also disclose information on the establishment and update of its sustainability strategy, the formulation and implementation of its action plan, and third-party verification reports on greenhouse gas emissions and food waste on an annual basis.	2022/11/28	-	-	SPT-1 Reduce greenhouse gas (Scope 1 and 2) emissions by 90% in FY2025, 75% in FY2028, and 50% in FY2030 compared to FY2013 SPT-2 Reduce food waste per unit of sales by 55% in FY2025, 51% in FY2028, and 49% in FY2030 compared to FY2017	Arrangements that change financial characteristics, such as lowering interest rates if SPTs are achieved or raising interest rates if SPTs are not achieved
NIPPON GAS CO., LTD.	The Bank of Yokohama,Ltd.	Rating & Investment Information, Inc.	NIPPON GAS will report annually to the lender on the progress of KPIs and the achievement of SPTs based on verified data, and will disclose such information on its website and in the Integrated Report.	2022/11/29	-	-	Reduction ratio of CO₂ emissions per household of customers who contract with NIPPON GAS gas and electricity combined （compared to FY Mar/2020 results）	It is designed to check the achievement of the SPT and reduce the interest rate if the SPT is achieved.
NIPPON GAS CO., LTD.	Mizuho Bank, Ltd.	Rating & Investment Information, Inc.	NIPPON GAS will report annually to the lender on the progress of KPIs and the achievement of SPTs based on verified data, and will disclose such information on its website and in the Integrated Report.	2022/11/29	-	1 billion yen	Reduce CO₂ emissions per household of customers who subscribe to a combined gas and electricity service by at least 23% in the fiscal year ending March 31, 2026, compared with the fiscal year ending March 31, 2020.	It is designed to check the achievement of the SPT and reduce the interest rate if the SPT is achieved.
The Kiyo Lease & Capital Co.,Ltd.	The Kiyo Bank, Ltd.	Rating & Investment Information, Inc. Wakayama Institute for Social & Economic Development	The Kiyo Lease & Capital shall report in writing to the lender, Kiyo Bank, by the "Reporting Deadline" on the status of achievement of the SPTs, and shall submit materials necessary to verify the status of achievement of the SPTs.	2022/11/29	5 years	1 billion yen	Annual contract amount (lease and installment) and cumulative amount of equipment contributing to energy conservation and decarbonization (Cumulative total of 2,415 million yen from FY2022 to FY2027)	The interest rate applied during the loan period is determined by the achievement of SPTs.
Mitsubishi Estate Logistics REIT Investment Corporation (MEL)	Shinsei Bank, Limited	Shinsei Bank, Limited Sustainable Impact Development Division,Sustainable Impact Assessment Department	The borrower will report annually to the lender on the progress of the SPT and the evidences. The lender will also publish KPI results on its website over the term of the loan.	2022/11/29	-	2 billion yen	SPT-1 CO₂ emissions (intensity) (Scope 1+2+3): 30% reduction (compared to FY2017 results) SPT-2 Percentage of properties with green building certification: 100% achieved SPT-3 Energy consumption (intensity): 15% reduction (compared to FY2017 results) SPT-4 GRESB Real Estate Assessment: Continuously achieve 4 stars or more	Interest rate terms are designed to vary depending on the achievement or non-achievement of SPTs
Renewable Japan Co.,Ltd.	Momiji Bank,Ltd.	Rating & Investment Information, Inc.	The Borrower shall report to the Lender by March of the following year on its performance in achieving the SPT for the previous year. However, if the borrower posts the information on its website and informs the lender that it has posted the information, the report shall be deemed to have been fulfilled.	2022/11/29	5 years	1 billion yen	Net increase in domestic PV plant capacity to 70 MW for each year through December 31, 2031	Each fiscal year, achievement of the SPT is checked, and if achieved, the prescribed interest rate is designed to be reduced from the first interest calculation period that falls after the SPT determination date; if not achieved, the interest rate returns to the level it was before the reduction was made.
SAITOH EIJI SHOTEN (斎藤英次商店)	The Chiba Bank, Ltd.	Chibagin Research Institute Corporation	Once a year, the status of achievement of SPTs will be checked in a prescribed form. Reporting information will not be made public.	2022/11/29	-	0.1 billion yen	CO₂ emission reduction rate in business activities (Scope 1 and 2) <Targets> (compared to 2020) ▲23.18% in 2022, ▲24.18% in 2023, ▲25.69% in 2024, ▲27.92% in 2025	In principle, the SPTs' achievement status is checked on an annual basis, and a mechanism is set up to lower or raise interest rates depending on the status of achievement.
Kinmon Marumatsu Industry （錦門丸松工業）	The Chugoku Bank, Ltd	Rating & Investment Information, Inc. Okayama economic research institute	・Report to the Chugoku Bank once a year on the status of funds allocated (projects allocated, amount of funds), unallocated balance, and environmental improvement effects. ・The Okayama Institute of Economic Research will confirm the appropriateness of the report.	2022/11/30	5 years	0.03 billion yen	Reduction rate of electricity consumption per net sales <Target> (vs. previous year) FY2022: -2.7%, FY2023: -2.7%, FY2024: -2.7%, FY2025: -2.7%, FY2025: -2.7%, FY2026: -2.7%, FY2026: -2.7%	Reduction of the applicable interest rate by up to 0.2% per year, depending on the achievement of SPT.
Nomura Real Estate Holdings, Inc.	The Keiyo Bank,Ltd.	Rating & Investment Information, Inc.	Nomura Real Estate Holdings, Inc. will report emissions for each of Scope 1, 2 and 3 on its sustainability website and in its Sustainability Report, along with information on its sustainability policy and governance.	2022/11/30	-	1 billion yen	Reduce total greenhouse gas (CO₂) emissions for Scope 1, 2, and Scope 3 by 35% by 2030 (compared to FY 2019)	Preferential applicable interest rates based on achievement of SPTs
Nomura Real Estate Holdings, Inc.	The Higashi-Nippon Bank, Limited	Rating & Investment Information, Inc.	Nomura Real Estate Holdings, Inc. will report emissions for each of Scope 1, 2 and 3 on its sustainability website and in its Sustainability Report, along with information on its sustainability policy and governance.	2022/11/30	-	1 billion yen	Reduce total greenhouse gas (CO₂) emissions for Scope 1, 2, and Scope 3 by 35% by 2030 (compared to FY 2019)	Preferential applicable interest rates based on achievement of SPTs
Nomura Real Estate Holdings, Inc.	THE NISHI-NIPPON CITY BANK, LTD.	Rating & Investment Information, Inc.	Nomura Real Estate Holdings, Inc. will report emissions for each of Scope 1, 2 and 3 on its sustainability website and in its Sustainability Report, along with information on its sustainability policy and governance.	2022/11/30	-	-	Reduce total greenhouse gas (CO₂) emissions for Scope 1, 2, and Scope 3 by 35% by 2030 (compared to FY 2019)	Preferential applicable interest rates based on achievement of SPTs
AEON Co., Ltd.	MUFG Bank, Ltd.	Rating & Investment Information, Inc.	・AEON will report to lenders once a year on the latest performance figures related to KPIs, the progress of the SPT, and the latest sustainability strategy related to KPIs and the SPT. However, if the relevant information is disclosed to the public through a website or other means, it is possible for the lender to use these reports on its behalf. ・AEON will report to the lender on the status of SPT achievement (and planned donation recipients, if any) by the SPT determination date.	2022/11/30	-	-	Switch 50% of electricity used in stores to renewable energy by 2030 (domestic)	If the SPT is not achieved, the borrower is obligated to donate an amount equivalent to 0.1% of the loan amount within two months from the date of determination.
WILLPLUS Holdings Corporation.	Sumitomo Mitsui Banking Corporation	Rating & Investment Information, Inc.	WILLPLUS HD will disclose the KPIs data on its website once a year.	2022/11/30	5 years	-	SPT-1: To reduce GHG emissions per store (Scope 1 + Scope 2) by 22% in FY 2025 in comparison to FY 2021 SPT-2: To switch to renewable energy for purchased electricity in all stores by the end of FY 2025	Preferential applicable interest rates based on achievement of SPTs
Takahashi Metal Industries Co., Ltd.	THE SHIGA BANK，LTD．	Shigagin Keizai Bunka Center CO.,LTD.	Takahashi Metal Industries will report to the lender once a year on the status of SPT achievement. After September 2023, Takahashi Metal Industries will report the actual KPI results for the previous year on its website or in writing to the lender by the end of September of each year, after verification by KEIBUN.	2022/11/30	-	0.05 billion yen	CO₂ emission reduction rate (compared to FY2020) <Targets> 8.4% in FY2022, 12.6% in FY2023, 16.8% in FY2024, 21.0% in FY2025, 25.2% in FY2026, 29.4% in FY2027	Lending terms and conditions are linked to the achievement of the SPTs, and economic incentives are set.
Kawasaki Heavy Industries, Ltd.	Sumitomo Mitsui Banking Corporation	Japan Credit Rating Agency, Ltd.	Kawasaki Heavy Industries will disclose the progress of the SPTs that comprise the KPIs and other information on an annual basis on its website or in the Integrated Report and other documents, or to lenders.	2022/11/30	-	-	Completion of construction of one large liquefied hydrogen carrier for commercialization demonstration by FY2026	Make arrangements for each finance to change its financial characteristics when SPTs are achieved
Kawasaki Heavy Industries, Ltd.	The Norinchukin Bank	Japan Credit Rating Agency, Ltd.	Kawasaki Heavy Industries will disclose the progress of the SPTs that comprise the KPIs and other information on an annual basis on its website or in the Integrated Report and other documents, or to lenders.	2022/11/30	-	-	Completion of construction of one large liquefied hydrogen carrier for commercialization demonstration by FY2026	Make arrangements for each finance to change its financial characteristics when SPTs are achieved
Kawasaki Heavy Industries, Ltd.	Meiji Yasuda Life Insurance Company	Japan Credit Rating Agency, Ltd.	Kawasaki Heavy Industries will disclose the progress of the SPTs that comprise the KPIs and other information on an annual basis on its website or in the Integrated Report and other documents, or to lenders.	2022/11/30	-	-	① Completion of construction of one large liquefied hydrogen carrier for commercialization demonstration by FY2026 ② More than 225,000 t/year of hydrogen transportable to Japan by FY2031	Make arrangements for each finance to change its financial characteristics when SPTs are achieved
Kawasaki Heavy Industries, Ltd.	Nippon Life Insurance Company	Japan Credit Rating Agency, Ltd.	Kawasaki Heavy Industries will disclose the progress of the SPTs that comprise the KPIs and other information on an annual basis on its website or in the Integrated Report and other documents, or to lenders.	2022/11/30	-	-	① Completion of construction of one large liquefied hydrogen carrier for commercialization demonstration by FY2026 ② More than 225,000 t/year of hydrogen transportable to Japan by FY2031	Make arrangements for each finance to change its financial characteristics when SPTs are achieved
Niwa kogyo Co.,Ltd	The Bank of Nagoya, Ltd.	Rating & Investment Information, Inc.	Once a year, the achievement of SPTs will be checked with the value of the company's fiscal year. Niwa kogyo Co.,Ltd will report to The Bank of Nagoya after receiving confirmation from a third-party specialized agency.	2022/12/6	5 years	0.1 billion yen	Reduce CO₂ emissions by 21.0% compared to FY2019 during the five-year period from FY2022 to FY2026 as a milestone to achieve the CO₂ reduction target of 46.2% compared to FY2019 by FY2030.	Apply preferential interest rates when SPTs are achieved.
AJINOMOTO CO.,INC.	Syndication method (Arranger: MUFG Bank, Ltd.) 5 financial institutions	Japan Credit Rating Agency, Ltd.	Once a year, the following items will be announced on the Ajinomoto website. ・KPI values as of the last day of each fiscal year ・Actual KPI values from the base year (FY2018) ・Information that may affect the achievement of SPT	2022/12/14	3 years	100 billion yen	50% reduction of GHG emissions in Scope 1 and Scope 2 in FY2030 (compared to FY2018)	If the SPT is not met/achieved, the interest rate will increase/decrease from the interest payment after the judgment date until the next judgment.
KYORITSU	Aozora Bank, Ltd.	Rating & Investment Information, Inc.	Once a year, the actual values of KPIs that show the achievement status of SPTs and the results of verification by a third-party professional organization are submitted to the lender as a report through documents, web pages, and other published materials. The contents of the report will not be made public on websites, etc.	2022/12/14	-	-	Reduction of energy-derived CO₂ emissions at Group-owned plants	Lower interest rates if SPTs are achieved or raise rates if not achieved
EXEO Group, Inc.	Syndication method (Arranger: Sumitomo Mitsui Trust Bank, Limited)	Japan Credit Rating Agency, Ltd.	EXIO Group will disclose the progress of the SPTs that constitute the KPIs on its website or to lenders on an annual basis.	2022/12/14	-	15 billion yen	① Reduce greenhouse gas emissions (Scope 1 and 2) in FY2024 by at least 16.8% of the FY2020 level ② Reduce greenhouse gas emissions (Scope 3) in FY2024 by at least 10.0% of the FY2020 level.	If any of the established SPTs are not met, an amount equal to 0.01% of the principal balance will be donated to a qualified donor
EXEO Group, Inc.	Sumitomo Mitsui Banking Corporation	Japan Credit Rating Agency, Ltd.	EXIO Group will disclose the progress of the SPTs that constitute the KPIs on its website or to lenders on an annual basis.	2022/12/14	-	-	① Reduce greenhouse gas emissions (Scope 1 and 2) in FY2024 by at least 16.8% of the FY2020 level ② Reduce greenhouse gas emissions (Scope 3) in FY2024 by at least 10.0% of the FY2020 level.	Loan conditions are set that upon non-achievement of SPTs, the EXIO Group will make a donation to an organization that aims to solve environmental and social issues, such as initiatives for decarbonization and human rights protection activities, and support their activities.
LIFE PORTER (渡辺運輸)	The Chugoku Bank, Ltd	Rating & Investment Information, Inc. Okayama Economic Research Institute	・Report to the Chugoku Bank once a year on the status of funds allocated (projects allocated, amount of funds), unallocated balance, and environmental improvement effects. ・The Okayama Institute of Economic Research will confirm the appropriateness of the report.	2022/12/16	5 years	0.1 billion yen	Power source composition ratio of in-house generated renewable energy (%) <Target> Feb. 2023 - Jan. 2024: 87.9% or more Feb. 2024 - Jan. 2025: 88.3% or more Feb. 2025 - Jan. 2026: 88.7% or more Feb. 2026 - Jan. 2027: 89.1% or more	Reduction of the applicable interest rate by up to 0.2% per year, depending on the achievement of SPT.
AEON Co., Ltd.	Sumitomo Mitsui Banking Corporation	Rating & Investment Information, Inc.	・AEON will report to lenders once a year on the latest performance figures related to KPIs, the progress of the SPT, and the latest sustainability strategy related to KPIs and the SPT. However, if the relevant information is disclosed to the public through a website or other means, it is possible for the lender to use these reports on its behalf. ・AEON will report to the lender on the status of SPT achievement (and planned donation recipients, if any) by the SPT determination date.	2022/12/16	-	-	Switch 50% of electricity used in stores to renewable energy by 2030 (domestic)	If the SPT is not achieved, the borrower is obligated to donate an amount equivalent to 0.1% of the loan amount within two months from the date of determination.
AEON Co., Ltd.	The Chiba Bank, Ltd.	Rating & Investment Information, Inc.	・Once a year, AEON shall report to lenders the latest actual results related to KPIs, the progress of SPTs, and information on the latest sustainability strategies related to KPIs and SPTs. However, these reports may be substituted for the reports if the relevant information is disclosed to the public through a website or other means. ・When a donation is made, details of the recipient of the donation, etc., shall be promptly reported to the lender and the Sustainability Coordinator, Chiba Bank.	2022/12/20	-	-	Switch 50% of electricity used in stores to renewable energy by 2030 (domestic)	If the SPT is not achieved, the borrower is obligated to donate an amount equivalent to 0.1% of the loan amount within three months from the date of determination.
SUMITOMO CHEMICAL COMPANY, LIMITED	The Norinchukin Bank	Japan Credit Rating Agency, Ltd.	Sumitomo Chemical will disclose the status of achievement of the established KPIs/SPTs at least once a year, either on its website, in its Integrated Report, Sustainability Data Book, or other disclosure materials.	2022/12/21	10 years	20 billion yen	Reduce the Group's GHG emissions (Scope 1+2) by 50% by FY2030 (compared to FY2013)	Financial characteristics are arranged to vary depending on the achievement of the SPT.
SUMITOMO CHEMICAL COMPANY, LIMITED	Sumitomo Mitsui Trust Bank, Limited	Japan Credit Rating Agency, Ltd.	Sumitomo Chemical will disclose the status of achievement of the established KPIs/SPTs at least once a year, either on its website, in its Integrated Report, Sustainability Data Book, or other disclosure materials.	2022/12/21	-	-	Reduce the Group's GHG emissions (Scope 1+2) by 50% by FY2030 (compared to FY2013)	Financial characteristics are arranged to vary depending on the achievement of the SPT.
RICOH LEASING COMPANY, LTD.	Saitama Resona Bank,Limited	Rating & Investment Information, Inc.	Ricoh Leasing will disclose the status of achievement of the set KPIs against the SPTs every year as the results of its environmental and social activities posted on its website.	2022/12/22	-	-	Maintain the highest rated "Leadership Level" in the CDP Climate Change Score	The characteristics of the loan change depending on the achievement of the SPTs, with interest rates stepping down when the SPTs are achieved.
AEON Co., Ltd.	Resona Bank,Ltd.	Rating & Investment Information, Inc.	・AEON will report to lenders once a year on the latest performance figures related to KPIs, the progress of the SPT, and the latest sustainability strategy related to KPIs and the SPT. However, if the relevant information is disclosed to the public through a website or other means, it is possible for the lender to use these reports on its behalf. ・AEON will report to the lender on the status of SPT achievement (and planned donation recipients, if any) by the SPT determination date.	2022/12/22	-	-	Switch 50% of electricity used in stores to renewable energy by 2030 (domestic)	If the SPT is not achieved, the borrower is obligated to donate an amount equivalent to 0.1% of the loan amount within two months from the date of determination.
Kyuden Mirai Energy Company,Incorporated	The Norinchukin Bank	Japan Credit Rating Agency, Ltd.	Kyuden Mirai Energy will disclose the progress of SPTs, which constitute KPIs, to lenders on an annual basis, after verification by a third-party organization such as an auditing firm.	2022/12/26	10 years	-	20 development of renewable and other energy sources (including own and equity investments)	If the SPT is achieved, the arrangement is to change the financial characteristics.
Toyo Seikan Group Holdings,Ltd.	Sumitomo Mitsui Banking Corporation	Rating & Investment Information, Inc.	Toyo Seikan GHD will submit prima facie evidence concerning the actual values of KPIs for the previous fiscal year to the lender by the end of September of each fiscal year. However, if Toyo Seikan GHD publicly announces the same information on its website, etc., and the lender recognizes the publicly announced information as prima facie evidence, submission of the material is not required.	2022/12/26	-	-	Reducing CO₂ emissions in Scope 1 and Scope 2 of the entire Toyo Seikan Group by 4.5% per year (compared to FY2019)	The SPT achievement status for the previous year is determined at the end of September of each year, and the borrowing rate is set to be reduced if the SPT is achieved.
Toyo Seikan Group Holdings,Ltd.	The Gunma Bank,Ltd.	Rating & Investment Information, Inc.	Toyo Seikan GHD will submit prima facie evidence concerning the actual values of KPIs for the previous fiscal year to the lender by the end of September of each fiscal year. However, if Toyo Seikan GHD publicly announces the same information on its website, etc., and the lender recognizes the publicly announced information as prima facie evidence, submission of the material is not required.	2022/12/26	-	-	Reducing CO₂ emissions in Scope 1 and Scope 2 of the entire Toyo Seikan Group by 4.5% per year (compared to FY2019)	The SPT achievement status for the previous year is determined at the end of September of each year, and the borrowing rate is set to be reduced if the SPT is achieved.
DIAMOND ELECTRIC HOLDINGS.	Syndication method (Arranger: Sumitomo Mitsui Banking Corporation) The Kiyo Bank, Ltd. 、The Shoko Chukin Bank，Ltd.、THE TOTTORI BANK, LTD、MUFG Bank, Ltd.、Resona Bank,Ltd.	DNV GL BUSINESS ASSURANCE JAPAN K.K.	At least once a year, Diamond Electric Holdings will publish the required information on its website or report it to the lender.	2022/12/27	9 years and 9 months	2 billion yen	① Reduce CO₂ emissions ( intensity) associated with business activities by 40% at domestic sites and 10% at overseas sites by FY2031 (compared to FY2020). ② Increase by 100% (compared to FY2021) the amount of CO₂ reduction contribution linked to the sales target of in-house products that contribute to CO₂ reduction by FY2031.	Interest rates vary depending on the degree of achievement of SPTs.
Leben Clean Energy Co.,Ltd.	THE TOWA BANK, LTD	Rating & Investment Information, Inc.	Raven Clean Energy will report annually to the lender on the progress of the SPTs. Data on renewable energy generation facilities, a KPI, will be reported in writing to the lender.	2022/12/27	10 years	1 billion yen	In terms of the cumulative output (kW) of renewable energy power generation facilities developed by the company and through the acquisition of existing properties in operation ① Increase by 15,000 kW annually ② Increase the average annual output by 15,000 kW (exceeding the planned cumulative output)	It is designed to reduce the loan terms during the interest calculation period when SPTs are achieved.
TAISEI CORPORATION	The Norinchukin Bank	Rating & Investment Information, Inc.	The evaluation results of the CDP Climate Change Score, a KPI, will be disclosed once a year (around December) on the CDP's website. Upon receiving such disclosure, TAISEI will notify the Norinchukin Bank, the lender, of the status of achievement of the SPT by the end of the month following the disclosure each year. In the event that TAISEI posts the evaluation results on its website and communicates such information to the Norinchukin Bank, this shall be substituted.	2022/12/27	5 years	-	Achieve a Leadership Level (A, A-) on the CDP Climate Change Score	The SPT is designed to check the achievement of the SPT each year after FY2023, increasing the interest rate if the SPT is not achieved and subsequently reducing it to the original rate if it is achieved.
Spread Co., Ltd.	THE SHIGA BANK，LTD．	Rating & Investment Information, Inc.	Spread will report in writing to the lender, Shiga Bank, on the actual performance of the KPI.	2022/12/27	-	0.6 billion yen	SPTs① Production Volume per Labor Hour SPTs② Energy consumption per production volume at Kameoka Plant and Techno Farm Keihanna	Reduce the spread if both SPTs are achieved.
suzuka group (鈴鹿グループ)	THE AICHI BANK, LTD.	Rating & Investment Information, Inc.	The Suzuka Group shall report the progress of the KPI to the lender once a year, and shall report in writing to the lender and post on its website annually the area of farmland acquired, which is a KPI.	2022/12/28	5 years	0.2 billion yen	Significantly increase the amount of derelict farmland to be acquired or leased from farmers for the installation of farm-based solar power plants.	It is designed to reduce loan terms for subsequent interest calculation periods based on the achievement of KPIs at the end of each fiscal year in September of each year.
Nomura Real Estate Holdings, Inc.	THE AICHI BANK, LTD.	Rating & Investment Information, Inc.	Nomura Real Estate Holdings, Inc. will report emissions for each of Scope 1, 2 and 3 on its sustainability website and in its Sustainability Report, along with information on its sustainability policy and governance.	2022/12/28	-	1 billion yen	Reduce total greenhouse gas (CO₂) emissions for Scope 1, 2, and Scope 3 by 35% by 2030 (compared to FY 2019)	Preferential applicable interest rates based on achievement of SPTs
Nomura Real Estate Holdings, Inc.	THE OITA BANK,LTD.	Rating & Investment Information, Inc.	Nomura Real Estate Holdings, Inc. will report emissions for each of Scope 1, 2 and 3 on its sustainability website and in its Sustainability Report, along with information on its sustainability policy and governance.	2022/12/28	-	-	Reduce total greenhouse gas (CO₂) emissions for Scope 1, 2, and Scope 3 by 35% by 2030 (compared to FY 2019)	Preferential applicable interest rates based on achievement of SPTs
Heiwa Real Estate Co., Ltd.	North Pacific Bank,Ltd.	Japan Credit Rating Agency, Ltd.	Heiwa Real Estate plans to disclose the performance of KPIs to Chiba Bank after the end of each fiscal year. The SPT performance established under the loan is scheduled to be verified by an external certification body.	2022/12/28	-	-	Reduce GHG emissions (total, Scope 1 and 2) by 50% by 2030 compared to FY 2018	Financial characteristics of the arrangement change depending on whether or not the SPT is achieved.
kankyo-station corporation.	The Chiba Bank, Ltd.	Chibagin Research Institute Corporation	Once a year, the status of achievement of SPTs will be checked in a prescribed form. Reporting information will not be made public.	2022/12/29	-	0.2 billion yen	-	In principle, the SPTs' achievement status is checked on an annual basis, and a mechanism is set up to lower or raise interest rates depending on the status of achievement.
UNITED TRADE Corporation	The Chiba Bank, Ltd.	Chibagin Research Institute Corporation	Once a year, the status of achievement of SPTs will be checked in a prescribed form. Reporting information will not be made public.	2022/12/29	-	0.1 billion yen	-	In principle, the SPTs' achievement status is checked on an annual basis, and a mechanism is set up to lower or raise interest rates depending on the status of achievement.
KOCHI Co.,Ltd.	The Hiroshima Bank, Ltd.	HIROGIN area design Co. Ltd.	KOCHI intends to submit a written statement to the Hiroshima Bank regarding the achievement of the SPT. KOCHI intends to announce on Hiroshima Bank's website that this financing is based on a Sustainability Linked Loan.	2022/12/30	5 years	0.03 billion yen	Percentage reduction in CO₂ emissions by reducing printing losses	The interest rate applied during the term of the loan will be determined by the achievement of the following requirements (1) The borrower must report to the lender in writing on the progress of its initiatives. (2) The SPT target figures must be achieved. If (1) is complied with, the spread will remain the same even if (2) is not met. If (1) is complied with and (2) is achieved, the spread is designed to decrease.
FUJI CLEAN CO.,LTD.	The Hyakujushi Bank, Ltd.	Rating & Investment Information, Inc.	FUJI CLEAN CO.,LTD will report to The Hyakujushi Bank once a year in the prescribed form on (1) the outline and implementation status of the project, (2) the effects of environmental improvement and the effects of solving social issues, and (3) the amount appropriated for the project and the unappropriated balance.	2022/12/30	-	-	Energy consumption intensity at water treatment facilities at final disposal sites	In principle, the progress of the SPTs will be checked on an annual basis, and the interest rate will be reduced according to the progress of the SPTs.
Suzunari Inc.	The Norinchukin Bank	Rating & Investment Information, Inc.	Over the term of the loan, the borrower will report annually to the front office of The Norinchukin Bank on reports describing the status of achievement of SPTs and the results of verification regarding the actual performance of KPIs, in accordance with the terms and conditions of the Norinchukin SLL agreement.	2022/12/30	-	-	Reduce the sum of Scope 1 and Scope 2 GHG emissions by the fiscal year ending August 31, 2025.	The SPTs' achievement status is checked annually, and the incentive design reduces the interest rate for the next applicable interest rate period when the SPTs are achieved.
GARDEN GROUP CO.,Ltd	The Musashino Bank, Ltd	Rating & Investment Information, Inc. Bugin Economic Research Institute, Ltd.	The Borrower will report its performance on SPTs to Musashino Bank and BGI at least once a year over the term of the loan. The contents of the reports will not be made public on the Borrower's website or other media.	2022/12/30	-	-	Reduction rate of annual electricity consumption	Achievement of SPTs is checked annually, and the incentive design is such that interest rates are reduced upon achievement.
Suzuden	The Bank of Nagoya, Ltd.	Rating & Investment Information, Inc.	Once a year, the achievement of SPTs will be checked with the value of the company's fiscal year. Suzuden will report to The Bank of Nagoya after receiving confirmation from a third-party specialized agency.	2023/1/6	10 years	0.086 billion yen	Reduce CO₂ emissions by 4.2% compared to the FY2021 level every year starting from the FY2022 fiscal year as a milestone to achieve the 37.8% CO₂ reduction target (SBT "1.5°C target" level) by FY2030 compared to the FY2021 level.	Apply preferential interest rates when SPTs are achieved.
House Craft Co. （ハウスクラフト）	THE HYAKUGO BANK,LTD.	Rating & Investment Information, Inc.	Hyakugo Bank will receive reports from the borrowers on the appropriation of procured funds and the effects of environmental improvements on an annual basis.	2023/1/13	-	-	Percentage of HEAT20 G2 grade homes delivered per year in new housing units	The SPTs' achievement status is checked annually, and the incentive design is such that interest rates are reduced upon achievement.
SBI Estate Finance Co.,Ltd.	The Hyakujushi Bank, Ltd.	Rating & Investment Information, Inc.	Annually, until the fulfillment of obligations is completed, the status of achievement of SPTs will be checked in the prescribed form.	2023/1/23	-	-	Number of properties to be acquired by SBI Smile in the leaseback business and the amount of acquisition	In principle, the progress of the SPTs will be checked on an annual basis, and the interest rate will be reduced according to the progress of the SPTs.
Fujiwara-Mecena Construction （藤原メセナ建設）	The Chugoku Bank, Ltd	Rating & Investment Information, Inc. Okayama Economic Research Institute	・Report to the Chugoku Bank once a year on the status of funds allocated (projects allocated, amount of funds), unallocated balance, and environmental improvement effects. ・The Okayama Institute of Economic Research will confirm the appropriateness of the report.	2023/1/24	5 years	0.05 billion yen	CO₂ emission reduction rate per construction volume (%)	Reduction of the applicable interest rate by up to 0.2% per year, depending on the achievement of SPT.
JUNSEI-SYOKUHIN MARUSHIMA Co., LTD.	The Hiroshima Bank, Ltd.	HIROGIN area design Co. Ltd.	JUNSEI-SYOKUHIN MARUSHIMA Co., LTD. intends to submit a written statement to the Hiroshima Bank regarding the achievement of the SPT. It intends to announce on Hiroshima Bank's website that this financing is based on a Sustainability Linked Loan.	2023/1/25	7 years	0.15 billion yen	Increase in sales of JAS-certified organic products and products using JAS organic raw materials	The interest rate applied during the term of the loan will be determined by the achievement of the following requirements (1) The borrower must report to the lender in writing on the progress of its initiatives. (2) The SPT target figures must be achieved. If (1) is complied with, the spread will remain the same even if (2) is not met. If (1) is complied with and (2) is achieved, the spread is designed to decrease.
Sumitomo Mitsui Trust Panasonic Finance Co., Ltd.	Syndication method (Arranger: Sumitomo Mitsui Trust Bank, Limited) Ashikaga Bank, Gunma Bank, Shikoku Bank, Joyo Bank, Daishi Hokuetsu Bank, Hachijuni Bank, Higashi-Nippon Bank, Hiroshima Bank, Hokuriku Bank, Minato Bank	Japan Credit Rating Agency, Ltd.	Sumitomo Mitsui Trust Panasonic Finance will have the KPI figures verified by an independent third party on an annual basis until the point at which the achievement of the SPTs is confirmed, and to disclose the verification results to the lender in a prescribed report.	2023/1/25	5 years	10billion yen	SPT1: Achievement of 120 cumulative contracts for the SDGs "Thank You" project by the end of the third year SPT2: Cumulative number of Eco-Cute contracts at the end of the third year: 13,500 SPT3: Achieve 100% reuse and recycling rate of PCs returned to the Company (maintained 100% for 3 years)	Financial characteristics of the arrangement change depending on whether or not the SPT is achieved.
AIZAWA Concrete Corporation	THE HOKKAIDOBANK,LTD.	Rating & Investment Information, Inc.	AIZAWA Concrete Corporation will submit materials to the lender by the SPT reporting deadline that show how the SPT was achieved in the most recent fiscal year. In addition, AIZAWA Concrete Corporation will post the information on its website.	2023/1/26	-	-	Significantly increase the production of self-healing concrete "Basilisk	Preferential interest rate spread based on SPT achievement
Z Holdings Corporation	Syndication method (Arranger:Mizuho Bank, Ltd., Sumitomo Mitsui Banking Corporation, MUFG Bank, Ltd., Sumitomo Mitsui Trust Bank, Limited, Crédit Agricole Corporate and Investment Bank)	Rating & Investment Information, Inc.	Starting in 2023, Z Holdings will publish the previous year's KPI performance figures on its website every December and report them to all lenders through the agent, Mizuho Bank.	2023/1/26	5 years	20billion yen	80% or more of the electricity used by the ZHD Group is from renewable energy sources	The interest rate terms will be reflected as follows depending on the achievement/non-achievement of the SPT. ① If the SPT is achieved for FY2024 , the interest rate for interest periods beginning on or after the determination date for FY2024 will be reduced. ② If the SPT is not achieved in FY2024 and the SPT is achieved in FY2025, the interest rate will not change. ③ If the SPT is not achieved for both FY2024 and FY2025 results, the interest rate for the interest period beginning on or after the determination date for FY2025 results will be increased.
DAISHIN CONSTRUCTION Co., ltd.	The 77 Bank, Ltd.	Rating & Investment Information, Inc.	Daishin Kensetsu will submit the actual KPI results for each fiscal year in writing to The 77 Bank by the end of April each year and disclose them on its website.	2023/1/27	-	0.3 billion yen	Increase the number of custom-built houses delivered that meet Primary Energy Consumption Grade 6 by 10 houses per year until 2030.	Reduce the spread if the SPT is achieved.
AEON Co., Ltd.	Development Bank of Japan Inc.	Rating & Investment Information, Inc.	・AEON will report to lenders once a year on the latest performance figures related to KPIs, the progress of the SPT, and the latest sustainability strategy related to KPIs and the SPT. However, if the relevant information is disclosed to the public through a website or other means, it is possible for the lender to use these reports on its behalf. ・AEON will report to the lender on the status of SPT achievement (and planned donation recipients, if any) by the SPT determination date.	2023/1/31	-	-	Switch 50% of electricity used in stores to renewable energy by 2030 (domestic)	If the SPT is not achieved, the borrower is obligated to donate an amount equivalent to 0.1% of the loan amount within two months from the date of determination.
AEON Co., Ltd.	Sumitomo Mitsui Trust Bank, Limited	Rating & Investment Information, Inc.	・AEON will report to lenders once a year on the latest performance figures related to KPIs, the progress of the SPT, and the latest sustainability strategy related to KPIs and the SPT. However, if the relevant information is disclosed to the public through a website or other means, it is possible for the lender to use these reports on its behalf. ・AEON will report to the lender on the status of SPT achievement (and planned donation recipients, if any) by the SPT determination date.	2023/1/31	-	-	Switch 50% of electricity used in stores to renewable energy by 2030 (domestic)	If the SPT is not achieved, the borrower is obligated to donate an amount equivalent to 0.1% of the loan amount within two months from the date of determination.
Hiroshima Sawai Pharmaceutical Co. Ltd. （広島沢井薬品）	The Hiroshima Bank, Ltd.	HIROGIN area design Co. Ltd.	Hiroshima Sawai Pharmaceutical Co. Ltd. intends to submit a written statement to the Hiroshima Bank regarding the achievement of the SPT. It intends to announce on Hiroshima Bank's website that this financing is based on a Sustainability Linked Loan.	2023/1/31	5 years	0.05 billion yen	Improving the annual paid leave utilization rate and 100% of male employees taking childcare leave	The interest rate applied during the term of the loan will be determined by the achievement of the following requirements (1) The borrower must report to the lender in writing on the progress of its initiatives. (2) The SPT target figures must be achieved. If (1) is complied with, the spread will remain the same even if (2) is not met. If (1) is complied with and (2) is achieved, the spread is designed to decrease.
WILLPLUS Holdings Corporation.	Mizuho Bank, Ltd.	Rating & Investment Information, Inc.	Notify lenders in writing of the CDP Climate Change Score for the applicable year and any response materials already submitted to CDP by the end of December of each year.	2023/1/31	10 years	2 billion yen	Obtain an "A-" or better in the CDP Climate Change Score	The loan is designed to provide a preferential interest rate if the SPT target is met.
RICOH LEASING COMPANY, LTD.	THE SHIZUOKA BANK, LTD.、THE YAMANASHI CHUO BANK, LTD.	Rating & Investment Information, Inc.	Ricoh Leasing will disclose the status of achievement of the set KPIs against the SPTs every year as the results of its environmental and social activities posted on its website.	2023/1/31	-	-	Maintain the highest rated "Leadership Level" in the CDP Climate Change Score	The characteristics of the loan change depending on the achievement of the SPTs, with interest rates stepping down when the SPTs are achieved.
MUFG Private Reit, Inc.	Syndication method (Arranger: MUFG Bank, Ltd.） MUFG Bank, Ltd.、Development Bank of Japan Inc. 、Resona Bank,Ltd.、THE YAMAGUCHI BANK, LTD.、The Chiba Bank, Ltd.	Japan Credit Rating Agency, Ltd.	The status of achievement of the established KPIs/SPTs will be disclosed annually to lenders and on the Fund's website annually.	2023/2/1	-	4.8 billion yen	Obtain a high rating (4 stars (★★★★)) in the GRESB rating	The arrangement is for financial characteristics to vary depending on the achievement of the SPT.
Earth Com Inc.	The Chiba Bank, Ltd.	Chibagin Research Institute Corporation	Once a year, the status of achievement of SPTs will be checked in a prescribed form. Reporting information will not be made public.	2023/1/31	-	0.15 billion yen	-	Status of achievement of SPTs is checked on an annual basis in principle, and a mechanism is set up to lower or raise the interest rate depending on the status of achievement.
TOUZAKI CORPORATION	The Chiba Bank, Ltd.	Chibagin Research Institute Corporation	Once a year, the status of achievement of SPTs will be checked in a prescribed form. Reporting information will not be made public.	2023/1/31	-	0.15 billion yen	-	Status of achievement of SPTs is checked on an annual basis in principle, and a mechanism is set up to lower or raise the interest rate depending on the status of achievement.
Tanak （タナック）	The Ogaki Kyoritsu Bank, Ltd	Rating & Investment Information, Inc.	Report annually to the lender on the results of KPIs at the end of each period.	2023/2/1	-	0.1 billion yen	Raise Tanak's sales in the medical field to about four times by FY2027 from the FY2022 level.	It is designed to look at the achievement of the SPT target each period and lower the applicable spread if it is achieved.
Mitsui Fudosan Logistics Park Inc. (MFLP-REIT)	Syndication method (Arranger: Sumitomo Mitsui Banking Corporation） Sumitomo Mitsui Banking Corporation、Sumitomo Mitsui Trust Bank, Limited、MUFG Bank, Ltd.、The Norinchukin Bank、Daishi Hokuetsu Bank, Ltd、The Yamagata Bank,Ltd、Kiraboshi Bank, Ltd. 、THE BANK OF FUKUOKA., LTD.、THE HACHIJUNI BANK,LTD.、The Chiba Bank, Ltd.、The Joyo Bank, Ltd.、The Keiyo Bank,Ltd.、Shinkin Central Bank、Momiji Bank,Ltd.、The Bank of Kyoto, Ltd.、Mizuho Bank, Ltd.、Mizuho Trust & Banking Co., Ltd.、THE YAMAGUCHI BANK, LTD.、SBI Shinsei Bank, Limited、SUMITOMO LIFE INSURANCE COMPANY、Nippon Life Insurance Company	Rating & Investment Information, Inc.	MFLP-REIT will submit prima facie evidence of the performance of the KPI for the previous calculation year to the lender by June 30 of each calculation year. However, in the event that MFLP-REIT publicly announces the same information on its website, etc., the submission of alternative materials will no longer be required. In addition, MFLP-REIT plans to continue disclosing the results of this KPI on its website until 2030.	2023/2/1	4~10 years	10 billion yen	Reduce CO₂ emissions intensity (Scope 1 and 2) of logistics real estate by 60% by the end of 2024, 90% by the end of 2027, and 100% by the end of 2030, compared to 2016.	0.01% or 0.02% reduction in the applicable interest rate for the remaining term upon achievement of SPT
Challenged Japan (チャレンジドジャパン)	The 77 Bank, Ltd.	Rating & Investment Information, Inc.	Challenged Japan will report the performance values of the KPIs to 77 Bank in writing once a year and post them on its website annually.	2023/2/16	-	0.1 billion yen	Maintain 92% or more of the retention rate in job placement support for persons with disabilities every year until 2028.	Designed to vary loan terms (interest rates) for subsequent interest calculation periods by looking at actual KPI values at the end of each fiscal year at the end of March each year.
AEON Co., Ltd.	Syndication method (Sustainability Coordinator：The Norinchukin Bank）	Rating & Investment Information, Inc.	AEON will report to lenders once a year on the latest performance figures related to KPIs, the progress of the SPT, and the latest sustainability strategy related to KPIs and the SPT. However, if the relevant information is disclosed to the public through a website or other means, it is possible for the lender to use these reports on its behalf.	2023/2/16	-	-	Switch 50% of electricity used in stores to renewable energy by 2030 (domestic)	If the SPT is not achieved, the borrower is obligated to donate an amount equivalent to 0.1% of the loan amount within two months from the date of determination.
SUMITOMO CHEMICAL COMPANY, LIMITED	Development Bank of Japan Inc.	Japan Credit Rating Agency, Ltd.	Sumitomo Chemical will disclose the status of achievement of the established KPIs/SPTs at least once a year until the redemption/repayment of the Sustainability Linked Financing, either on its website, in its Integrated Report, Sustainability Data Book or other disclosure materials.	2023/2/17	-	20 billion yen	Reduce Sumitomo Chemical Group's GHG emissions (Scope 1 + Scope 2) by 50% from the fiscal 2013 level by fiscal 2030	Financial characteristics are arranged to vary depending on the achievement of the SPT.
ISHIDA　PLASTIC CO., LTD.	The Hiroshima Bank, Ltd.	HIROGIN area design Co. Ltd.	Once a year, the SPTs achievement status is defined as a confirmation of the company's achievement of the SPTs with the value of the company's fiscal year. A company is required to obtain confirmation from Hirogin Area Design before conducting reporting. Public disclosure of reporting information is encouraged.	2023/2/20	7 years	0.03 billion yen	Increase in sales of recycled plastics division	Offer preferential interest rates when SPTs are achieved.
Mitsuboshi Belting Ltd.	Syndication method (Arranger: MUFG Bank, Ltd.）	Japan Credit Rating Agency, Ltd.	The Borrower plans to disclose progress on the performance of the KPIs to the Lenders and JCR in September of each year. In addition, it plans to obtain third-party verification of the performance of the SPTs established under the Loan by an external certification body.	2023/2/22	5 years	5 billion yen	Reduce CO₂ emissions in FY2025 by 27% compared to FY 2013	If the SPT is not achieved, the interest rate terms are arranged to change.
Takano Kogyo （高野工業）	Tsukuba Bank, Ltd.	Rating & Investment Information, Inc.	In principle, once a year, based on the contract signed at the time of loan execution, the status of achievement of SPTs will be reported to Tsukuba Bank's branch offices using the prescribed form. The report will include evidence, data, and other prima facie evidence necessary for verification work. In principle, the contents of the reporting on the borrower's website, etc. will not be disclosed to the public.	2023/2/27	-	-	Improvement of waste recycling rate	The SPTs' achievement status is checked annually, and the incentive design is such that interest rates are reduced upon achievement.
Vortex Co., Ltd.	The Hiroshima Bank, Ltd.	HIROGIN area design Co. Ltd.	Once a year, the SPTs achievement status is defined as a confirmation of the company's achievement of the SPTs with the value of the company's fiscal year. A company is required to obtain confirmation from Hirogin Area Design before conducting reporting. Public disclosure of reporting information is encouraged.	2023/2/28	5 years	0.16 billion yen	Cumulative acquisition rate of BELS certification	Offer preferential interest rates when SPTs are achieved.
KANEHIRO Co., Ltd.	The Hyakujushi Bank, Ltd.	Rating & Investment Information, Inc.	Annually, until the fulfillment of obligations is completed, the status of achievement of SPTs will be checked in the prescribed form.	2023/2/28	-	-	Figures for electricity consumption per million yen of sales	A mechanism has been set up to check the achievement status of SPTs on an annual basis in principle, and to reduce interest rates according to the level of achievement.
Mitsui Fudosan Co., Ltd.	TAIYO LIFE INSURANCE COMPANY	Rating & Investment Information, Inc.	In principle, Mitsui Fudosan will disclose the results of KPI for the previous fiscal year by March 15 of each year, regardless of whether or not the SPT has been determined. Mitsui Fudosan will disclose the results of KPIs in its annual ESG reports and other documents.	2023/2/28	-	-	Reduce Scope 1 + Scope 2 emissions of the entire Mitsui Fudosan Group by 46.2% by FY2030 (compared to FY2019)	The interest rate terms are linked to the results of the SPT determination and act as an economic incentive and disincentive for Mitsui Fudosan.
HEIWA REAL ESTATE CO.,LTD.	The Hokuriku Bank, Ltd.	Japan Credit Rating Agency, Ltd.	Heiwa Real Estate plans to disclose the performance of KPIs to lenders after the end of each fiscal year. Third-party verification of the performance of the SPTs established under the loan will be obtained from an external certification body.	2023/2/28	-	-	Reduce GHG emissions (total, Scope 1 and 2) by 50% by FY2030 compared to FY2018	Financial characteristics will change if the SPT is achieved
Senko Corporation (センコーコーポレーション）	The Ogaki Kyoritsu Bank, Ltd	Rating & Investment Information, Inc.	Senko Corporation will report to the lender on the results of the KPIs at the end of each fiscal year.	2023/3/1	-	0.7 billion yen	Aim for an annual growth rate of more than 8% per year over the previous fiscal year for the cumulative installed power generation capacity of Universal Ecology's solar power generation facilities from FY2022 onward.	It is designed to check the achievement of the SPT each year and reduce the applicable spread if the SPT is achieved.
Watami Co., Ltd.	Sumitomo Mitsui Trust Bank, Limited	Rating & Investment Information, Inc.	Watami will report the progress of the SPT to the lender once a year. Watami will also disclose the progress on its website.	2023/3/8	-	-	To obtain certification of the Recycling Business Plan at all Watami's lunchbox factories (5 factories) by September 2026.	It is designed to look at the achievement of the SPT and reduce the loan interest rate if it is achieved.
Tsukada Riken Industry Co., Ltd.	THE HACHIJUNI BANK,LTD.	Rating & Investment Information, Inc.	Tsukada Riken Industry will submit to the lender, by the SPT reporting deadline, materials showing the status of SPT achievement in the immediately preceding period.	2023/3/10	-	0.2 billion yen	Aim to increase sales of functional plating by approximately 2.5 times to 800 million yen in the fiscal year ending May 31, 2025 and by approximately 3 times to 930 million yen four years later in the fiscal year ending May 31, 2026, compared with the fiscal year ending May 31, 2022.	It is designed to reduce the interest rate if the May 2025 target is met, and to further reduce the interest rate from the reduced level if the next determination, the May 2026 target, is met.

As of March 20, 2023
* This database is not screened by the Ministry of the Environment and is compiled based on the labeling declared by issuers and financial institutions.