Sugino Machine Co., Ltd. (Toyama Prefecture, Japan) is pleased to announce its investment in the "Social Bond (2-year)" (hereinafter referred to as "this bond") issued by the Japan Student Services Organization (JASSO).
Through investments in SDGs bonds, including this bond, our company will continue to fulfill its social responsibilities.
1. Overview of this Bond
Bond Name: 83rd JASSO Bond (Social Bond)
Issue Amount: 30 billion yen
Issue Date: June 9, 2026
Maturity Date: June 20, 2028
About Social Bonds: Social bonds are bonds issued to finance projects that contribute to solving social issues (social projects) and are eligible for ESG investment (*1).
Main Planned Use of Funds: The funds raised through the issuance of this bond will be utilized as financial resources for the scholarship programs undertaken by JASSO, specifically for loan-based scholarships. Scholarship programs contribute to solving educational challenges in Japan, such as promoting "equal educational opportunities" as stipulated in the Constitution of Japan and the Basic Act for Education, and supporting the achievement of SDG Goal 4, "Quality Education," which aims to "ensure inclusive and equitable quality education and promote lifelong learning opportunities for all."
2. Investment Background
Founded in 1936, Sugino Machine has been developing and manufacturing products utilizing "cutting-edge technology" rooted in a regional Japanese city. While pursuing its "Glocal Niche Leader Strategy" to lead global niche markets, the company develops products and businesses that are uniquely "Sugino Machine-only" for its customers.
Furthermore, Sugino Machine actively engages in nurturing next-generation human resources through various initiatives in collaboration with local schools, professional sports teams, media, and government agencies.
In this context, Sugino Machine decided to support and invest in the "JASSO Bond" issued by the Japan Student Services Organization. This marks our second investment in JASSO bonds, following our investment in the 75th issue in June 2024. In February 2024, we also invested in the "Ishikawa Prefecture Public Bond, FY2023, 2nd Issue (Green Bond, 5-year)" (*2) issued by Ishikawa Prefecture.
3. Future Outlook
Our company will continue to fulfill its social responsibilities through investments in SDGs bonds (ESG bonds) and other initiatives.
4. Terms and Supplementary Information
*1 ESG Investment: Investment that emphasizes and selects environmental (Environment), social (Social), and governance (Governance) factors.
*2 Ishikawa Prefecture Public Bond, FY2023, 2nd Issue (Green Bond, 5-year): A prefectural bond issued by Ishikawa Prefecture to fund projects that help solve environmental issues such as global warming countermeasures. The main uses of funds include achieving carbon neutrality, disaster preparedness, and conserving/inheriting the habitat of the crested ibis. Sugino Machine invested in this bond partly to support recovery efforts following the Noto Peninsula Earthquake in 2024.
Reference: [Press Release] Sugino Machine Invests in Green Bond Issued by Ishikawa Prefecture for the First Time | Sugino Machine Co., Ltd.
<Company Profile>
Company Name: Sugino Machine Co., Ltd. ■Representative: Gaku Sugino, President and Representative Director
Head Office Location: 2880 Kuriyama, Namerikawa City, Toyama 936-8577, Japan ■TEL: +81-76-477-2555 (General)
Founded: March 1, 1936
Business: Development, design, manufacturing, and sales of high-pressure jet cleaning equipment, ultra-high-pressure water cutting equipment, equipment for maintenance and decommissioning of nuclear power plants, wet and dry atomization equipment, drilling units, tapping units, machining centers, pipe expanding tools/equipment, pipe pulling equipment, mirror finishing tools, biomass nanofibers, industrial robots, etc.
URL: https://www.sugino.com/
FACT BOX
- Source: PR TIMES
- Category: Funding