Mugen Estate Co., Ltd. (Head Office: Chiyoda-ku, Tokyo; President: Shinichi Fujita) is pleased to announce that it has secured 900 million yen in financing through "77 Positive Impact Finance" provided by The 77 Bank, Ltd. (Miyagi Prefecture, Sendai City, Aoba-ku; President: Hidefumi Kobayashi).
The funds procured this time are scheduled to be fully allocated to business funds for our core business, the real estate resale business. This business is an environmentally friendly business model that promotes the regeneration and circulation of used real estate and effectively utilizes existing resources, and we recognize it as contributing to the realization of a sustainable society. Furthermore, as part of our sustainability management, we are implementing information disclosure based on TCFD recommendations, building human resource strategies linked to management strategies, and will continue to proactively promote initiatives that contribute to the resolution of environmental and social issues.
[Financing Details]
Contract Date
June 30, 2026 (Tue)
Purpose of Funds
Working Capital
Amount Financed
900 million yen
[KPIs for this Positive Impact Finance]
[About Positive Impact Finance]
This product is a loan aimed at supporting efforts to enhance identified positive impacts (positive contributions) and mitigate/reduce negative impacts (negative effects) by analyzing the impact of corporate activities on society, the economy, and the environment, based on the Principles for Positive Impact Finance (Note 2) formulated by the United Nations Environment Programme Finance Initiative (UNEP FI, Note 1).
The 77 Bank, Ltd. obtained a second opinion on March 15, 2024, from Rating and Investment Information, Inc. confirming that its PIF evaluation implementation system complies with the PIF Principles. The 77 Bank, Ltd. has confirmed the compliance of the goals and KPIs set forth in this loan with the PIF Principles.
Note 1. A partnership between the United Nations Environment Programme (UNEP), established to implement the "World Charter for Nature" and the "Environmental Programme for the Future," and financial institutions worldwide.
Note 2. A framework announced by UNEP FI to identify positive impact investments and loans and promote SDG-related financing.
* "Customer" in this scheme refers to our company.
FACT BOX
- Source: PR TIMES
- Category: Funding