Concluded "Mizuho Eco Finance" Agreement with Mizuho Bank, Ltd.

Frequently Asked Questions

Q: What is the main purpose of the agreement concluded between Japan Concrete Industries Co., Ltd. and Mizuho Bank, Ltd.?

A: The agreement is a commitment line agreement for "Mizuho Eco Finance," a syndicated loan arrangement designed to finance companies with strong environmental initiatives.

Q: How does "Mizuho Eco Finance" evaluate companies for financing eligibility?

A: "Mizuho Eco Finance" utilizes an environmental evaluation model developed by Mizuho Research & Technologies, Ltd., which incorporates globally reliable environmental certifications and evaluations to score corporate initiatives and indicators.

Q: What specific environmental targets set by Japan Concrete Industries Co., Ltd. contributed to their eligibility for this financing?

A: Japan Concrete Industries Co., Ltd. has set greenhouse gas emission reduction targets for fiscal years 2028 and 2038, and aims to achieve carbon neutrality by fiscal year 2048, which were highly evaluated.

Q: Who is the arranger of the syndicated loan arrangement for "Mizuho Eco Finance" with Japan Concrete Industries Co., Ltd.?

A: Mizuho Bank, Ltd. is the arranger of the syndicated loan arrangement for "Mizuho Eco Finance" with Japan Concrete Industries Co., Ltd.

Q: What is the broader objective of Japan Concrete Industries Co., Ltd. in relation to their environmental efforts and this agreement?

A: The company aims to continue promoting the technological development, deployment, and widespread adoption of environmentally friendly products, contributing to the realization of a decarbonized society.