NHK Spring Co., Ltd. (Head Office: Yokohama, Japan; President & COO: Kazuhisa Uemura) announces that it has decided to invest in the green bonds issued by Nagano Prefecture this year, as it has done for the previous two years running.
Approximately 2,000 people, or about 20% of our employees in Japan, work at 13 of our group's domestic locations in Nagano Prefecture. Through this investment, we will be deeply involved in measures to improve the natural environment of the Prefecture, an important base for our company. We believe that contributing to the sustainability of Nagano Prefecture will, in turn, result in greater synergy regarding our contributions to local communities through our core business.
Based on our investment in these bonds, we will continue to strive to contribute to the realization of a sustainable society through our business activities.
< About the Bonds >
| Bonds | Nagano Prefecture’s publicly offered municipal bonds no. 2024-3 (10-year green bonds) |
| Maturity period | 10 years |
| Issue amount | 7.35 billion yen |
| Issue date | October 25, 2024 |
The funds raised through the issuance of these bonds will be allocated to the environmental measures listed below that Nagano Prefecture is undertaking to achieve net-zero CO2 emissions by 2050 (measures for mitigation) and to avoid or reduce damage from natural disasters caused by climate change (measures for adaptation).
| Category | Projects |
| Renewable energy | Construction of micro hydroelectric power generation facilities |
| Clean transport | Subsidies for Shinano Railway’s railcar replacement |
| Energy efficiency | Upgrading of facilities of prefecture-owned buildings (install LED lighting equipment) Construction and renovation of prefecture-owned buildings |
| Climate change adaption | River improvement for flood control Improvement of the agricultural reservoirs Landslide disaster management including erosion and torrent control, measures against steep slope collapses, etc. Improvement of the transport infrastructure (traffic lights power supply equipment, road disaster prevention management, etc.) |
| Environmentally sustainable management of biological and natural resources, etc. | Construction of forest roads for forest environment conservation |
Contact for inquiries regarding this announcement
NHK Spring Co., Ltd., Finance Dept., Corporate Planning & Control Division
Tel. (+81) 45-786-7519