Sodick Co., Ltd. is pleased to announce that it has issued the "Hamagin Carbon Offset Private Placement Bond ~Yokohama Zero~" with the Bank of Yokohama (Headquarters: Yokohama City, Kanagawa Prefecture; President and Representative Director: Tatsuya Kataoka) as trustee and underwriter.
Background and Purpose of this Private Placement Bond Issuance Sodick, based in Yokohama, has been committed to contributing to the sustainable development of society by providing the best products and supporting customers' "monozukuri" (craftsmanship) as its basic philosophy of sustainability, and will celebrate its 50th anniversary in 2026. This private placement bond is a financial product that utilizes the nation's first scheme to directly support regional decarbonization. The funds raised will be allocated to working capital for medium- to long-term growth, and will also back environmental conservation activities in its home region of Kanagawa Prefecture and Yokohama City.
About the "Hamagin Carbon Offset Private Placement Bond ~Yokohama Zero~" This initiative goes beyond a single company and is an advanced attempt to "accompany" the realization of carbon neutrality for the entire local community.
・Local production for local consumption environmental support utilizing the nation's first scheme: The Bank of Yokohama will purchase carbon credits (J-Credits or non-fossil fuel certificates) equivalent to 0.1% of the private placement bond issuance amount, which will be used to offset greenhouse gas emissions from public facilities and events hosted by local governments in Kanagawa Prefecture and Yokohama City.
・Promoting the clean-up of local infrastructure: By reducing the environmental burden generated by local public activities, we will enhance the sustainability of the local community that nurtured Sodick's technology and accelerate the decarbonization of the entire region.
Overview of the Private Placement Bond Issuer: Sodick Co., Ltd. Trustee/Underwriter: The Bank of Yokohama, Ltd. Name: Hamagin Carbon Offset Private Placement Bond ~Yokohama Zero~ Issuance Amount: 1 billion yen Issuance Date: March 31, 2026 Term: 5 years
FACT BOX
- Source: PR TIMES
- Category: financial