Old/Social Bonds

Our vision is to be a "group that will continue to create the solutions needed by people and the earth" under our corporate philosophy "Jun-Ri-Soku-Yu" (adhering to reason leads to prosperity).

The core technologies supporting the Toyobo Group’s growth can be categorized into four areas: polymerization, modification, processing, and biotechnology. Over the years, we have generated a range of new products by combining and integrating these technologies. 

Going forward, we will meet market demand for "Products & Experience" (create customer value by providing products, services and solutions) and social demands (SDGs, etc.), and "Manufacture" technology for demand (providing optimal value throughout the value chain, in terms of quality, cost, and lead time).

In order to further promote this initiative, we have formulated the Social Bond Framework. Through the issuance of Social Bonds, we actively disclose to stakeholders including investors, customers, suppliers, local communities and employees about value creation activities related to the Toyobo Group’s sustainability activities, ongoing activities, CSV and SDGs. We incorporate constructive dialogue into our business activities and then aim for sustainable growth and expansion of stakeholders by ensuring a continued mutually prosperous relationship between our future business and stakeholders.

*Entities that provide support for the implementation of Social Bonds through advice, etc. regarding the formulation of the framework and on obtaining external third-party evaluations.

The Social Bond Framework was formulated in accordance with the Social Bond Principles 2021 (the International Capital Market Association, ICMA) and the Social Bond Guidelines (set by the Financial Services Agency on October 2021) in order to issue Social Bonds. 

We obtained a third party opinion from the independent external institution Rating and Investment Information, Inc. (R&I) regarding confirmation with the Social Bond Principles 2021 (ICMA) and the Social Bond Guidelines (set by the Financial Services Agency on October 2021). 

For details, please refer to R&I's website (in Japanse only).

Please see the following investors that have announced their investments in the Social Bonds (As of December 7, 2021 / in the order of Japanese syllabary)

Ishikawa Credit Federations of Agricultural Cooperatives
Ibaraki Prefectural Credit Federations of Agricultural Cooperatives
Ome Shinkin Bank
OGAKISEINO SHINKIN BANK
Osaka Shoko Shinkin Bank
The Kita Osaka Shinkin Bank
The 77 Bank, Ltd.
SHINONOME SHINKIN BANK
Shinkin Central Bank
Suwa Shinkin Bank
The Seiwa Credit Cooperative
SAISON AUTOMOBILE&FIRE INSURANCE CO.,LTD
THE DAIDO FIRE AND MARINE INSURANCE CO., LTD.
Daitokyo Shinkumi Credit Cooperative
Tokyo City Shinkin Bank
The First Bank of Toyama,Ltd.
NAGANO SHINKIN BANK
HAMAMATSU IWATA SHINKIN BANK
HANDA SHINKIN BANK
BlackRock Japan Co., Ltd. 
Mie Prefecture credit federation of agricultural cooperatives
MIYAZAKI DAIICHI SHINKIN BANK
MEIJO UNIVERSITY
The Yamanashi Chuo Bank, Ltd.
LIFENET INSURANCE COMPANY

The allocation reporting and the impact reporting will be reported anually on Toyobo's website.

1. Allocation reporting

Procurement Amount (Amount excluding expences of the issuance from issuance amount of the bonds)

9,940 million yen   

Proceeds Allocated

Proceeds allocated to refinancing: None

Proceeds Unallocated

9,470 million yen   

2. Impact reporting

Reporting is reviewed by R&I.