The Morinaga Group is committed to the realization of its Purpose, "the Morinaga Group will continue to create healthy foods that can be enjoyed beyond generations, thereby bringing smiles to the faces of people around the world now and in the future."
In the "2030 Business Plan," our long-term business plan for 2030 announced in May 2021, we set forth our 2030 Vision, "the Morinaga Group will change into a wellness company in 2030.”
As one of the ongoing initiatives in line with this Vision, we have decided to issue Sustainability Bonds.
| Official name | Morinaga＆Co., Ltd., Limited 15th unsecured straight bonds (Sustainability bond with specific inter-bond pari passu clause for short) |
|---|---|
| Tenor | 5 years |
| Issue date | December 8, 2022 |
| Size | 9 billion yen |
| Coupon | 0.490% |
| Use of proceeds | Expenditure for rebuilding the Morinaga Shibaura Building (tentative name) |
| Lead manager | Mitsubishi UFJ Morgan Stanley Securities Co.,Ltd., Mizuho Securities Co., Ltd. |
| Structuring agent | Mitsubishi UFJ Morgan Stanley Securities Co.,Ltd. |
| External reviewer | Japan Credit Rating Agency, Ltd., |
We have obtained a Second Party Opinion from Japan Credit Rating Agency, Ltd.
Here are the investors who made investment declaration of the Sustainability Bonds.
For post-issuance reporting, please see below.
We have obtained a review from Japan Credit Agency, Ltd. to assess whether the reporting of eligible projects is aligned with our Sustainable Finance Framework.