[Yamashiro Doboku] Investment in 'Social Bonds' Issued by the Japan Student Services Organization

Yamashiro Doboku Co., Ltd. (Representative Director: Shigehiro Matsuyama; Location: Midori-ku, Nagoya, Aichi Prefecture; hereinafter referred to as 'the Company') announces its decision to invest in the social bonds (83rd Japan Student Services Organization Bond, hereinafter referred to as 'the Bonds') issued by the Japan Student Services Organization (hereinafter referred to as 'the Organization').

'Social Bonds' are bonds issued to raise funds for projects that contribute to solving social issues (social projects). Together with Green Bonds, they are subjects of ESG investment. In April 2023, the Organization obtained a second-party opinion from the Japan Credit Rating Agency (JCR) confirming that its social finance framework complies with the Social Bond Principles defined by the International Capital Market Association (ICMA). These bonds are being issued as 'Social Bonds.'

Funds raised through the issuance of the Bonds will be used as a source of funding for loan-type scholarships within the scholarship programs managed by the Organization. The scholarship program contributes to solving educational challenges in Japan by supporting 'equal opportunity for education' as stipulated in Article 26 of the Constitution of Japan and Article 4 of the Basic Act on Education, and by contributing to the achievement of Goal 4 of the United Nations Sustainable Development Goals (SDGs): 'Ensure inclusive and equitable quality education and promote lifelong learning opportunities for all.'

The Company will continue to fulfill its social responsibilities by continuously investing in SDGs bonds (ESG bonds), including these Bonds.

<Overview of the Bonds> - Name: 83rd Japan Student Services Organization Bond - Maturity: 2 years - Issuance Amount: 30 billion yen - Issue Date: June 9, 2026 (Reiwa 8)