Nippon Concrete Industries Concludes "Mizuho Eco Finance" Agreement with Mizuho Bank, Ltd.

Frequently Asked Questions

Q: What is the main announcement made by Nippon Concrete Industries Co., Ltd. regarding their financial agreement?

A: Nippon Concrete Industries Co., Ltd. has concluded a syndicated "Mizuho Eco Finance" commitment line agreement with Mizuho Bank, Ltd.

Q: What is "Mizuho Eco Finance" and how does it function as a financing product?

A: "Mizuho Eco Finance" is an environmental evaluation financing product that utilizes an environmental assessment model developed by Mizuho Research & Technologies, Ltd. to score companies' environmental initiatives.

Q: What specific environmental achievements of Nippon Concrete Industries led to this agreement with Mizuho Bank?

A: The agreement was reached due to Nippon Concrete Industries' high-level achievement on the model's indicators, including setting greenhouse gas emission reduction targets for fiscal years 2028 and 2038, and aiming for carbon neutrality by fiscal year 2048.

Q: Who acted as the arranger for the "Mizuho Eco Finance" commitment line agreement?

A: Mizuho Bank, Ltd., with Katsuhiko Kato as President, acted as the arranger for the syndicated "Mizuho Eco Finance" commitment line agreement.

Q: What is Nippon Concrete Industries' future commitment to environmental initiatives following this agreement?

A: Nippon Concrete Industries' group will continue to advance the technological development, deployment, and dissemination of environmentally friendly products to contribute to the realization of a decarbonized society.