Sustainable Finance
Konica Minolta's Sustainable Finance
Konica Minolta engages in sustainable finance that links financing terms with sustain-ability goals.
We have formulated the Sustainability-Linked Bond Framework, which sets out the rules for financing linked to sustainability targets and business activities. This frame-work has been formulated in compliance with the Sustainability-Linked Bond Princi-ples 2024 set by the International Capital Market Association (ICMA) and the Ministry of the Environment's Green Bond and Sustainability-Linked Bond Guidelines, 2024 Edition.
Sustainable Finance Procurement Results
Details of bond issuance and fundraising based on our framework are as follows. Moving forward, we will effectively utilize the funds raised for the sustainable growth of our company.
| Name of Corporate Bonds | Konica Minolta, Inc. 10th Unsecured Bond (with inter-bond pari passu clause) (Sustainability-Linked Bond) |
Konica Minolta, Inc. 11th Unsecured Bond (with inter-bond pari passu clause) (Sustainability-Linked Bond) |
|---|---|---|
| Issuance term | 5 years | 10 years |
| Issuance amount | 13.5 billion yen | 10.0 billion yen |
| Interest rate | 2.513% | 3.236% |
| Date of Condition Determination | March 5, 2026 | March 5, 2026 |
| Issue Date | March 11, 2026 | March 11, 2026 |
| Redemption Date | March 11, 2031 | March 11, 2036 |
| KPI | Greenhouse gas emissions reduction rate in Scope 1 and Scope 2 (%) (Base year: FY2018) | |
| SPT*1 | The targets for each fiscal year that are consistent with reducing absolute Scope 1 and Scope 2 GHG emissions 51% by FY2030 from a FY2018 base year | |
| 46.8% (FY2029 target) | 51.0% (FY2030 target) | |
| Determination Date | End of October 2030 | End of October 2031 |
| Bond Characteristics | The characteristics of the Sustainability-Linked Bonds issued under this framework will change depending on the achievement status of the SPT. Suppose a third-party verified report stating that the SPT has been achieved is not received by the determination date. In that case, donations in an amount corresponding to the percentage of the amount raised through Sustainabil-ity-Linked Bond issuance, as specified in the statutory disclosure documents will be made to qualified dona-tion recipients by the reimbursement date. Qualified donation recipients are public interest incorporated associations, public interest foundations, general foundations, international organizations, local govern-ment-certified non-profit organizations, local govern-ments, national and public university corporations, school corporations, research institutions, and similar organizations related to the improvement of SPT that have not been achieved. The recipients of the dona-tions will be determined with the necessary approvals prior to the reimbursement date. | |
| An equivalent to 0.1% of the bond issuance amount | An equivalent to 0.1% of the bond issuance amount | |
| Lead underwriters | SMBC Nikko Securities Inc., Daiwa Securities Co., Ltd., Nomura Securi-ties Co., Ltd., Mitsubishi UFJ Morgan Stanley Se-curities Co., Ltd. | Mitsubishi UFJ Morgan Stanley Securities Co., Ltd. |
| Structuring Agent*2 | Mitsubishi UFJ Morgan Stanley Securities Co., Ltd., SMBC Nikko Securities Inc. | |
| External Evaluation | Japan Credit Rating Agency, Ltd. (JCR) | |
- ＊1
- SPT: Sustainability Performance Target
- ＊2
- Structuring Agent: Agents that provide advice on establishing the Sustainability-Linked Bond Framework and obtaining a second-party opinion.
Progress Against Set SPTs
KPI：Greenhouse gas emissions reduction rate in Scope 1 and Scope 2 (compared to FY2018)
SPT：Annual targets aligned with a 51% reduction in Scope 1 and Scope 2 greenhouse gas emissions by FY2030 compared to FY2018 levels.
(FY2029: 46.8%, FY2030: 51.0%)
| Greenhouse Gas Emissions (Unit: t-CO2e) |
FY2018 (Base year) |
FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Scope 1 | 169,282 | 150,865 | 147,168 | 147,903 | 146,339 |
| Scope 2 (Market-based) |
160,895 | 123,684 | 110,012 | 105,694 | 60,273 |
| Total | 330,177 | 274,549 | 257,180 | 253,597 | 206,612 |
| Reduction Rate | ― | 17% | 22% | 23% | 37% |
- See Environmental Data in ESG Data for more information:ESG Data