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  2. Financial Summary
  3. Loans and Bonds

Loans and Bonds

(As of May 31, 2017)

Overview of interest-bearing debt XLS(49.0KB)

Total Interest-bearing Debt ¥ 369,000 million
Short-term Loans ¥ 36,000 million
Current Portion of Long-term Loans ¥ 46,500 million
Long-term Loans ¥ 256,500 million
Current Portion of Investment Corporation Bonds ¥ 0 million
Investment Corporation Bonds ¥ 30,000 million

Short-term Loans

Lender Drawdown Date Repayment Date EOB (yen) Interest Rate (%) Remarks
Shinsei Bank, Limited 09/01/2016 09/01/2017 2,000,000,000 0.07 Unsecured,
unguaranteed,
unsubordinated
loan
Shinkin Central Bank 09/01/2016 09/01/2017 1,000,000,000 0.07
Resona Bank, Limited 09/01/2016 09/01/2017 1,000,000,000 0.07
Mitsubishi UFJ Trust and Banking Corporation 12/26/2016 12/26/2017 5,000,000,000 0.07
The Bank of Tokyo-Mitsubishi UFJ, Ltd. 12/26/2016 12/26/2017 5,000,000,000 0.07
Sumitomo Mitsui Trust Bank, Limited 12/26/2016 12/26/2017 1,300,000,000 0.07
The 77 Bank, Ltd. 01/10/2017 01/10/2018 1,000,000,000 0.07
Resona Bank, Limited 03/01/2017 03/01/2018 2,000,000,000 0.07
The Bank of Tokyo-Mitsubishi UFJ, Ltd. 03/02/2017 03/02/2018 1,500,000,000 0.07
Mizuho Bank, Ltd. 03/27/2017 03/27/2018 5,500,000,000 0.07
Sumitomo Mitsui Trust Bank, Limited 03/31/2017 03/30/2018 1,700,000,000 0.07
Mizuho Bank, Ltd. 04/03/2017 04/03/2018 5,500,000,000 0.07
The Bank of Tokyo-Mitsubishi UFJ, Ltd. 04/03/2017 04/03/2018 3,500,000,000 0.07
Sub-Total 36,000,000,000

Current Portion of Long-term Loans

Lender Drawdown Date Repayment Date EOB (yen) Interest Rate (%) Remarks
Mitsubishi UFJ Trust and Banking Corporation 06/01/2011 04/04/2011 12,000,000,000 1.12625 Unsecured,
unguaranteed,
unsubordinated
loan
The Bank of Fukuoka, Ltd. 06/15/2012 06/01/2011 2,500,000,000 0.66
Shinsei Bank, Limited 06/15/2012 06/15/2012 2,500,000,000 0.66
The Iyo Bank, Ltd. 06/15/2012 06/15/2012 2,500,000,000 0.66
The Hachijuni Bank, Ltd. 06/15/2012 06/15/2012 1,000,000,000 0.66
The Bank of Fukuoka, Ltd. 08/31/2011 06/15/2012 2,000,000,000 0.9025
The Bank of Fukuoka, Ltd. 08/31/2012 08/31/2011 1,000,000,000 0.57125
The Hachijuni Bank, Ltd. 12/20/2012 08/31/2012 1,000,000,000 0.45625
The Ashikaga Bank, Ltd. 01/07/2013 12/20/2012 1,000,000,000 0.49125
The Joyo Bank, Ltd. 01/07/2013 01/07/2013 1,000,000,000 0.49125
Sumitomo Mitsui Trust Bank, Limited 01/17/2011 01/07/2013 3,000,000,000 1.43375
Nihon Life Insurance Company 03/01/2011 01/17/2011 2,000,000,000 1.465
The Bank of Tokyo-Mitsubishi UFJ, Ltd. 03/24/2011 03/01/2011 2,000,000,000 1.3975
Resona Bank, Limited 03/25/2013 03/24/2011 3,000,000,000 0.45
The Chugoku Bank, Limited 03/25/2013 03/25/2013 2,000,000,000 0.45
The Hachijuni Bank, Ltd. 03/25/2013 03/25/2013 1,000,000,000 0.45
Taiyo Life Insurance Company 03/30/2011 03/25/2013 2,000,000,000 1.39625
Shinkin Central Bank 04/24/2013 03/30/2011 5,000,000,000 0.52775
Sub-Total 46,500,000,000

Long-term Loans

Lender Drawdown Date Repayment Date EOB (yen) Interest Rate (%) Remarks
Mitsubishi UFJ Trust and Banking Corporation 06/01/2011 06/01/2018 10,000,000,000 1.31125 Unsecured,
unguaranteed,
unsubordinated
loan
Shinsei Bank, Limited 08/31/2011 08/31/2018 3,000,000,000 1.0475
Sumitomo Mitsui Trust Bank, Limited 09/26/2011 09/26/2019 5,500,000,000 1.16
Mizuho Bank, Ltd. 11/01/2011 11/01/2019 6,000,000,000 1.2075
Sumitomo Mitsui Trust Bank, Limited 11/15/2011 11/15/2018 3,000,000,000 0.98375
Sumitomo Mitsui Banking Corporation 11/15/2011 11/15/2018 3,000,000,000 0.98375
Mitsubishi UFJ Trust and Banking Corporation 11/15/2011 11/15/2019 3,000,000,000 1.13875
Mizuho Bank, Ltd. 11/15/2011 11/15/2019 3,000,000,000 1.13875
The Bank of Tokyo-Mitsubishi UFJ, Ltd. 11/15/2011 11/15/2019 3,000,000,000 1.13875
Mitsubishi UFJ Trust and Banking Corporation 06/15/2012 06/15/2020 4,000,000,000 0.9525
Sumitomo Mitsui Trust Bank, Limited 06/15/2012 06/15/2020 4,000,000,000 0.9525
Mizuho Bank, Ltd. 06/15/2012 06/15/2021 4,000,000,000 1.07375
The Bank of Tokyo-Mitsubishi UFJ, Ltd. 06/15/2012 06/15/2022 4,000,000,000 1.1975
Mitsubishi UFJ Trust and Banking Corporation 06/15/2012 06/15/2022 2,500,000,000 1.2725
Shinsei Bank, Limited 06/15/2012 06/15/2022 2,500,000,000 1.2725
The Yamaguchi Bank, Ltd. 10/29/2012 10/29/2020 2,000,000,000 0.8
Mitsubishi UFJ Trust and Banking Corporation 12/21/2012 12/21/2020 5,000,000,000 0.80125
The Bank of Tokyo-Mitsubishi UFJ, Ltd. 12/21/2012 12/21/2020 5,000,000,000 0.80125
Shinkin Central Bank 01/07/2013 01/07/2020 2,000,000,000 0.71375
Sumitomo Mitsui Banking Corporation 01/07/2013 01/07/2022 2,000,000,000 0.98
The Development Bank of Japan Inc. 01/07/2013 01/06/2023 3,000,000,000 1.115
The Bank of Tokyo-Mitsubishi UFJ, Ltd. 01/15/2013 01/15/2020 5,500,000,000 0.71
Shinkin Central Bank 01/15/2013 01/15/2020 5,000,000,000 0.71
The Bank of Tokyo-Mitsubishi UFJ, Ltd. 01/15/2013 01/15/2021 5,500,000,000 0.83625
Mizuho Bank, Ltd. 01/15/2013 01/17/2022 5,000,000,000 0.96625
The Yamaguchi Bank, Ltd. 03/25/2013 03/24/2023 1,000,000,000 0.945
The Bank of Tokyo-Mitsubishi UFJ, Ltd. 04/24/2013 04/26/2021 5,000,000,000 0.775
Mizuho Bank, Ltd. 04/24/2013 04/25/2022 3,000,000,000 0.87375
Mitsubishi UFJ Trust and Banking Corporation(*1) 01/31/2014 01/29/2021 4,000,000,000 0.64225
The Bank of Fukuoka, Ltd.(*1) 01/31/2014 01/29/2021 2,500,000,000 0.63849
Sumitomo Mitsui Trust Bank, Limited(*1) 01/31/2014 01/29/2021 2,000,000,000 0.62575
The Norinchukin Bank(*1) 01/31/2014 01/31/2022 3,500,000,000 0.757
The Development Bank of Japan Inc. 01/31/2014 01/31/2023 5,000,000,000 0.9325
The Gunma Bank, Ltd.(*1) 03/24/2014 03/25/2019 1,000,000,000 0.4105
The Iyo Bank, Ltd.(*1) 03/24/2014 03/24/2021 2,000,000,000 0.6035
The Nishi-Nippon City Bank, Ltd.(*1) 06/17/2014 12/17/2021 2,000,000,000 0.621
The Norinchukin Bank(*1) 06/17/2014 06/17/2022 3,000,000,000 0.6785
The Hiroshima Bank, Ltd.(*1) 10/01/2014 10/01/2019 3,000,000,000 0.31575
The Iyo Bank, Ltd.(*1) 10/01/2014 10/01/2021 1,000,000,000 0.4725
The Chugoku Bank, Limited(*1) 10/01/2014 10/01/2021 1,000,000,000 0.46525
Taiyo Life Insurance Company 10/01/2014 10/01/2024 2,000,000,000 0.7825
The first General syndication loan(*1)(*4) 11/14/2014 11/15/2021 13,000,000,000 0.463
The Gunma Bank, Ltd.(*1) 11/17/2014 11/18/2019 1,000,000,000 0.316
The Yamanashi Chuo Bank, Ltd.(*1) 12/15/2014 12/16/2019 2,000,000,000 0.266
The second General syndication loan(*2)(*5) 12/19/2014 12/19/2023 10,000,000,000 0.42375
Mizuho Trust & Banking Co., Ltd.(*1) 03/02/2015 03/03/2025 3,000,000,000 0.5585
The Bank of Fukuoka, Ltd. 03/24/2015 03/24/2023 2,000,000,000 0.5125
The Norinchukin Bank(*1) 03/25/2015 03/27/2023 3,500,000,000 0.46825
Sumitomo Mitsui Trust Bank, Limited 05/29/2015 05/29/2019 5,000,000,000 0.2075
Taiyo Life Insurance Company 05/29/2015 05/29/2025 1,500,000,000 0.7375
Sumitomo Mitsui Trust Bank, Limited 06/15/2015 06/15/2020 3,000,000,000 0.3425
The Chugoku Bank, Limited(*1) 06/15/2015 06/15/2023 3,000,000,000 0.61175
The third General syndication loan(*1)(*6) 08/10/2015 08/10/2022 6,500,000,000 0.3925
Mizuho Bank, Ltd. 09/01/2015 03/01/2019 2,500,000,000 0.17
The Bank of Tokyo-Mitsubishi UFJ, Ltd. 09/01/2015 09/02/2019 5,000,000,000 0.2
The Bank of Tokyo-Mitsubishi UFJ, Ltd. 09/01/2015 09/01/2022 2,000,000,000 0.47125
Mitsubishi UFJ Trust and Banking Corporation 09/01/2015 09/02/2024 3,500,000,000 0.63
The Development Bank of Japan Inc. 09/01/2015 09/01/2025 7,000,000,000 0.7175
Sumitomo Mitsui Trust Bank, Limited(*1) 09/02/2015 09/02/2024 3,800,000,000 0.536
Mizuho Bank, Ltd. 10/01/2015 10/01/2024 2,500,000,000 0.5575
The Daishi Bank, Ltd.(*1) 01/07/2016 01/10/2023 1,500,000,000 0.2802
The Iyo Bank, Ltd.(*1) 01/15/2016 01/16/2023 1,000,000,000 0.265
The Hachijuni Bank, Ltd.(*1) 01/15/2016 01/16/2023 1,000,000,000 0.265
Mitsubishi UFJ Trust and Banking Corporation 10/31/2016 10/30/2026 3,000,000,000 0.24
Mizuho Bank, Ltd. 12/21/2016 12/21/2026 5,000,000,000 0.415
Sumitomo Mitsui Trust Bank, Limited 12/26/2016 06/28/2021 3,700,000,000 0.1913
Mizuho Bank, Ltd. 12/26/2016 12/26/2025 5,000,000,000 0.3625
Development Bank of Japan Inc. 03/30/2017 03/31/2025 5,000,000,000 0.315
Shinkin Central Bank 03/30/2017 03/30/2026 5,000,000,000 0.36
Mitsubishi UFJ Trust and Banking Corporation(*7) 04/04/2017 04/05/2021 5,000,000,000 0.09593
Sub-Total 256,500,000,000

Investment Corporation Bonds

Securities Date of Issue Repayment Date EOB (yen) Interest Rate (%) Remarks
Fourth unsecured Investment Corporation Bond 09/29/2005 09/29/2025 10,000,000,000 2.56 (*3)
Ninth unsecured Investment Corporation Bond 08/30/2013 08/30/2018 10,000,000,000 0.497
10th unsecured Investment Corporation Bond 03/30/2017 03/30/2027 10,000,000,000 0.3975
Sub-Total 30,000,000,000
(*1) The loans were originally floating rate basis, which were swapped into fixed rates to hedge against interest rate fluctuations. Hence the fixed rates after the swap transactions are shown above.
(*2) Fixed-interest loan combines a US dollar syndicated loan and a currency swap.
(*3) Financial covenants, such as a negative pledge, are not included in these bonds.
(*4) Lender and amount of loans as follow; \1,800 million by The Daishi Bank, Ltd. and \1,400 million by Sony Bank Inc., The Toho Bank, Ltd., and The Hokuetsu Bank, Ltd. respectively. \1,000 million by The Shinkumi Federation Bank and \900 million by The Akita Bank, Ltd., The Gunma Bank, Ltd., The 77 Bank, Ltd, The Tochigi Bank,Ltd. and The Fukui Bank, Ltd respectively. \500 million by The Bank of Iwate, Ltd., The Higo Bank, Ltd., and The Yamagata Bank, Ltd. respectively.
(*5) Lender and amount of loans as follows; ¥10,000 million by Mitsubishi UFJ Trust and Banking Corporation
(*6) Lender and amount of loans as follows; ¥1,000 million by The Gunma Bank, Ltd., The Shinkumi Federation Bank, The Daishi Bank, Ltd., The Chugoku Bank, Ltd., The Toho Bank, Ltd., and The Fukui Bank, Ltd.
¥500 million by The Tochigi Bank, Ltd.
(*7) Loan based on floating rate (Base rate (3-month EUR/JPY LIBOR by IBA (ICE Benchmark Administration)) + 0.07%)

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