Borrowings and Bonds

Borrowings

As of June 10, 2020

Classification Lender Amount
(millions of yen)
Interest rate Borrowing date Maturity date Remarks
Short-term Sumitomo Mitsui Banking Corporation 1,513 Base interest rate + 0.150%
(Note 1)
Mar. 31, 2020 Mar. 31, 2021 Unsecured and
non-guaranteed
Subtotal 1,513 ----
Long-term Sumitomo Mitsui Banking Corporation
Mizuho Bank, Ltd.
Sumitomo Mitsui Trust Bank, Limited
5,300 0.23505%
(Note 2)
Sep. 7, 2018 Sep. 7, 2021 Unsecured and
non-guaranteed
Long-term Sumitomo Mitsui Banking Corporation
Sumitomo Mitsui Trust Bank, Limited
Mizuho Bank, Ltd.
MUFG Bank, Ltd.
The Norinchukin Bank
The Bank of Fukuoka, Ltd.
1,750 0.13800%
(Note 2)
Feb. 3, 2020 Jan. 31, 2023 Unsecured and
non-guaranteed
Long-term Sumitomo Mitsui Banking Corporation
Mizuho Bank, Ltd.
Sumitomo Mitsui Trust Bank, Limited
MUFG Bank, Ltd.
Mizuho Trust & Banking Co., Ltd.
Development Bank of Japan Inc.
5,120 0.53660%
(Note 2)
Sep. 7, 2018 Sep. 9, 2024 Unsecured and
non-guaranteed
Long-term Sumitomo Mitsui Banking Corporation
Sumitomo Mitsui Trust Bank, Limited
Mizuho Bank, Ltd.
MUFG Bank, Ltd.
Mizuho Trust & Banking Co., Ltd.
The Norinchukin Bank
The Bank of Fukuoka, Ltd.
Shinsei Bank, Limited
3,950 0.27400%
(Note 2)
Feb. 3, 2020 Feb. 3, 2025 Unsecured and
non-guaranteed
Long-term Sumitomo Mitsui Banking Corporation
Mizuho Bank, Ltd.
Sumitomo Mitsui Trust Bank, Limited
MUFG Bank, Ltd.
5,500 0.72645%
(Note 2)
Sep. 7, 2018 Sep. 7, 2026 Unsecured and
non-guaranteed
Long-term Sumitomo Mitsui Banking Corporation
Mizuho Bank, Ltd.
Sumitomo Mitsui Trust Bank, Limited
MUFG Bank, Ltd.
Mizuho Trust & Banking Co., Ltd.
Development Bank of Japan Inc.
5,020 0.55000%
(Note 2)
Apr. 1, 2019 Mar. 31, 2027 Unsecured and
non-guaranteed
Long-term Sumitomo Mitsui Banking Corporation
Sumitomo Mitsui Trust Bank, Limited
Mizuho Bank, Ltd.
MUFG Bank, Ltd.
Mizuho Trust & Banking Co., Ltd
The Norinchukin Bank
Shinsei Bank, Limited
4,000 0.52220%
(Note 2)
Mar. 31, 2020 Mar. 31, 2028 Unsecured and
non-guaranteed
Long-term Sumitomo Mitsui Banking Corporation
Mizuho Bank, Ltd.
Development Bank of Japan Inc.
1,500 0.91670%
(Note 2)
Sep. 7, 2018 Sep. 7, 2028 Unsecured and
non-guaranteed
Long-term Nippon Life Insurance Company 1,000 0.70000% Feb. 3, 2020 Jan. 31, 2030 Unsecured and
non-guaranteed
Subtotal 33,140 ----
Total 34,653 ----
  • The base interest rate is the one-month Japanese yen TIBOR (calculated on a 365-day basis) announced by the TIBOR Administration of the Japan Bankers Association (JBA). The Japanese yen TIBOR can be checked on the TIBOR Administration’s website (http://www.jbatibor.or.jp/english/).
  • The loan has a floating interest rate, but the interest rate swap has been effected to hedge interest rate fluctuation risk. Accordingly, the interest rate after the swap is stated.

Investment Corporation Bonds

As of January 16, 2020

Name Amount of issuance
(millions of yen)
Interest rate Issuance date Maturity date Remarks
IAL 1st Unsecured Bonds (Green Bonds) 1,500 0.300 Dec. 12, 2019 Dec. 12, 2024 Unsecured and
non-guaranteed

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