Sodick Issues 'Carbon-Offset Private Bond' with Bank of Yokohama
Sodick has issued a carbon-offset private bond through the Bank of Yokohama, supporting regional decarbonization in Kanagawa and Yokohama.
📋 Article Processing Timeline
- 📰 Published: March 31, 2026 at 19:30
Sodick Co., Ltd. announces the issuance of the 'Hamagin Carbon-Offset Private Bond: Yokohama Zero,' underwritten by the Bank of Yokohama (Headquarters: Yokohama, Kanagawa; President: Tatsuya Kataoka). Background and Purpose: Sodick, based in Yokohama, aims to contribute to sustainable social development by providing top-tier products and supporting customer manufacturing. As we approach our 50th anniversary in 2026, this bond utilizes a pioneering national scheme to directly support regional decarbonization. Funds will be used for working capital for medium-to-long-term growth, while also backing environmental conservation in Kanagawa and Yokohama. About the Bond: This initiative goes beyond a single company to support the carbon neutrality of the entire region. Key features include: 1. Local environmental support using a national-first scheme: The Bank of Yokohama will purchase carbon credits (J-Credits or non-fossil certificates) equivalent to 0.1% of the bond issuance, used to offset greenhouse gases from public facilities and municipal events. 2. Promoting clean regional infrastructure: By reducing the environmental burden of local public activities, we enhance the sustainability of the community that nurtured Sodick's technology. Bond Overview: Issuer: Sodick Co., Ltd.; Underwriter: Bank of Yokohama; Name: Hamagin Carbon-Offset Private Bond: Yokohama Zero; Amount: 1 billion JPY; Date: March 31, 2026; Term: 5 years.
FAQ
What is a carbon-offset private bond?
It is a financial product where a portion of the issuance amount is used to purchase carbon credits to support environmental conservation.
What are the benefits to the region?
It offsets greenhouse gas emissions from public facilities in Kanagawa and Yokohama, directly supporting local decarbonization.
What is Sodick's objective?
To secure working capital while enhancing the sustainability of the local community and fulfilling corporate social responsibility.