Borrowings

As of August 31, 2021

Short-Term Borrowings
¥ 0million
Long-term Borrowings
(current portion)
¥ 17,610million
Long-term Borrowings
¥ 132,006million

Total Borrowings
¥ 149,616million

Short-Term Borrowings

Lender Balance
(Millions of Yen)
Interest
Rate
Fixed/
Floating
Drawdown Date Repayment Date Remarks

Long-term Borrowings

Lender Balance
(Millions of Yen)
Interest
Rate
Fixed/
Floating
Drawdown Date Repayment Date Remarks
Development Bank of Japan Inc. 2,450 1.61000% Fixed February 7, 2014 August 7, 2022 Unsecured
Unguaranteed
Mizuho Bank, Ltd.
Sumitomo Mitsui Banking Corporation
MUFG Bank, Ltd.
1,000 1.81875%
(Note 1)
Fixed February 7, 2014 February 7, 2024 Unsecured
Unguaranteed
Mizuho Bank, Ltd.
Sumitomo Mitsui Banking Corporation
MUFG Bank, Ltd.
Mizuho Trust & Banking Co., Ltd.
Sumitomo Mitsui Trust Bank, Limited
Resona Bank, Limited.
7,550 0.77300%
(Note 1)
Fixed February 27, 2015 February 28, 2022 Unsecured
Unguaranteed
Development Bank of Japan Inc. 1,900 1.17375%
(Note 1)
Fixed February 27, 2015 August 30, 2024 Unsecured
Unguaranteed
Mizuho Bank, Ltd.
Sumitomo Mitsui Banking Corporation
MUFG Bank, Ltd.
500 1.46000%
(Note 1)
Fixed February 27, 2015 February 28, 2025 Unsecured
Unguaranteed
Mizuho Bank, Ltd.
Sumitomo Mitsui Banking Corporation
MUFG Bank, Ltd.
300 1.75000%
(Note 1)
Fixed February 27, 2015 February 26, 2027 Unsecured
Unguaranteed
Mizuho Bank, Ltd.
MUFG Bank, Ltd.
Mizuho Trust & Banking Co., Ltd.
Sumitomo Mitsui Trust Bank, Limited,
The Norinchukin Bank
Resona Bank, Limited.
3,356 0.74875%
(Note 1)
Fixed August 31, 2015 August 31, 2022 Unsecured
Unguaranteed
Development Bank of Japan Inc. 414 0.75500% Fixed August 31, 2015 August 31, 2022 Unsecured
Unguaranteed
Mizuho Bank, Ltd.
Sumitomo Mitsui Banking Corporation
MUFG Bank, Ltd.
Mizuho Trust & Banking Co., Ltd.
Sumitomo Mitsui Trust Bank, Limited
The Norinchukin Bank
Resona Bank, Limited.
Shinkin Central Bank
Aozora Bank, Ltd
4,555 0.40990%
(Note 1)
Fixed February 29, 2016 February 28, 2023 Unsecured
Unguaranteed
Mizuho Bank, Ltd.
Sumitomo Mitsui Banking Corporation
MUFG Bank, Ltd.
Mizuho Trust & Banking Co., Ltd.
Sumitomo Mitsui Trust Bank, Limited
Shinsei Bank, Limited
3,877 0.46200%
(Note 1)
Fixed February 29, 2016 August 31, 2023 Unsecured
Unguaranteed
Development Bank of Japan Inc.
Nippon Life Insurance Company
1,309 0.51880% Fixed February 29, 2016 February 29, 2024 Unsecured
Unguaranteed
Meiji Yasuda Life Insurance Company 500 0.59322% Fixed February 29, 2016 August 30, 2024 Unsecured
Unguaranteed
Mizuho Bank, Ltd.,
Sumitomo Mitsui Banking Corporation
MUFG Bank, Ltd.
500 0.72750%
(Note 1)
Fixed February 29, 2016 February 28, 2025 Unsecured
Unguaranteed
Mizuho Bank, Ltd.
Sumitomo Mitsui Banking Corporation
MUFG Bank, Ltd.
Mizuho Trust & Banking Co., Ltd.
Sumitomo Mitsui Trust Bank, Limited
The Norinchukin Bank
Resona Bank, Limited.
2,840 0.55380%
(Note 2)
Fixed February 7, 2017 August 31, 2022 Unsecured
Unguaranteed
Mizuho Bank, Ltd.
Sumitomo Mitsui Banking Corporation
MUFG Bank, Ltd.
Mizuho Trust & Banking Co., Ltd.
Sumitomo Mitsui Trust Bank, Limited
The Norinchukin Bank
Resona Bank, Limited.
4,090 0.60313%
(Note 2)
Fixed February 7, 2017 February 28, 2023 Unsecured
Unguaranteed
Mizuho Bank, Ltd.
Sumitomo Mitsui Banking Corporation
MUFG Bank, Ltd.
Mizuho Trust & Banking Co., Ltd.
Sumitomo Mitsui Trust Bank, Limited
The Norinchukin Bank
Resona Bank, Limited.
6,093 0.65637%
(Note 2)
Fixed February 7, 2017 August 31, 2023 Unsecured
Unguaranteed
Mizuho Bank, Ltd.
Sumitomo Mitsui Banking Corporation
MUFG Bank, Ltd.
Mizuho Trust & Banking Co., Ltd.
Sumitomo Mitsui Trust Bank, Limited
The Norinchukin Bank
6,434 0.64855%
(Note 2)
Fixed February 7, 2017 February 29, 2024 Unsecured
Unguaranteed
Mizuho Bank, Ltd. 1,754 0.780% Fixed February 7, 2017 August 30, 2024 Unsecured
Unguaranteed
Development Bank of Japan Inc. 969 0.850% Fixed February 7, 2017 February 28, 2025 Unsecured
Unguaranteed
Mizuho Bank, Ltd.
Sumitomo Mitsui Banking Corporation
MUFG Bank, Ltd.
Mizuho Trust & Banking Co., Ltd.
Sumitomo Mitsui Trust Bank, Limited
The Norinchukin Bank
1,000 0.41725%
(Note 2)
Fixed August 31, 2017 February 28, 2022 Unsecured
Unguaranteed
Mizuho Bank, Ltd.
Sumitomo Mitsui Banking Corporation
MUFG Bank, Ltd.
Mizuho Trust & Banking Co., Ltd.
Sumitomo Mitsui Trust Bank, Limited
The Norinchukin Bank
Resona Bank, Limited.
Shinkin Central Bank
Shinsei Bank, Limited
5,400 0.59128%
(Note 2)
Fixed August 31, 2017 August 30, 2024 Unsecured
Unguaranteed
Mizuho Bank, Ltd.
Sumitomo Mitsui Banking Corporation
MUFG Bank, Ltd.
Mizuho Trust & Banking Co., Ltd.
Development Bank of Japan Inc.
Sumitomo Mitsui Trust Bank, Limited
The Norinchukin Bank
Resona Bank, Limited.
Shinkin Central Bank
Shinsei Bank, Limited
6,990 0.65738%
(Note 2)
Fixed August 31, 2017 February 28, 2025 Unsecured
Unguaranteed
Mizuho Bank, Ltd.
Sumitomo Mitsui Banking Corporation
MUFG Bank, Ltd.
Mizuho Trust & Banking Co., Ltd.
Development Bank of Japan Inc.
Aozora Bank, Ltd
Meiji Yasuda Life Insurance Company
Nippon Life Insurance Company
5,000 0.72461%
(Note 2)
Fixed August 31, 2017 August 29, 2025 Unsecured
Unguaranteed
Sompo Japan Insurance Inc.
Mitsui Sumitomo Insurance Company,Limied
1,000 0.41000% Fixed February 7, 2019 February 28, 2023 Unsecured
Unguaranteed
Nippon Life Insurance Company 500 0.46000% Fixed February 7, 2019 February 29, 2024 Unsecured
Unguaranteed
Mizuho Bank, Ltd.
Mizuho Trust & Banking Co., Ltd.
Sumitomo Mitsui Trust Bank, Limited
The Norinchukin Bank
Resona Bank, Limited
Shinsei Bank, Limited
1,340 0.41330%
(Note 1)
Fixed February 7, 2019 February 28, 2025 Unsecured
Unguaranteed
Mizuho Bank, Ltd.
Development bank of Japan Inc.
Aozora Bank, Ltd.
2,300 0.57000% Fixed February 7, 2019 August 29, 2025 Unsecured
Unguaranteed
Mizuho Bank, Ltd.
Sumitomo Mitsui Banking Corporation
Mizuho Trust & Banking Co., Ltd.
Sumitomo Mitsui Trust Bank, Limited
The Norinchukin Bank
Resona Bank, Limited
Shinsei Bank, Limited
9,150 0.48000%
(Note 1)
Fixed February 7, 2019 February 27, 2026 Unsecured
Unguaranteed
MUFG Bank, Ltd. 850 0.48000% Fixed February 7, 2019 February 27, 2026 Unsecured
Unguaranteed
Mizuho Bank, Ltd.
Sumitomo Mitsui Banking Corporation
Mizuho Trust & Banking Co., Ltd.
Sumitomo Mitsui Trust Bank, Limited
The Norinchukin Bank
8,470 0.58400%
(Note 1)
Fixed February 7, 2019 August 31, 2026 Unsecured
Unguaranteed
MUFG Bank, Ltd. 1,600 0.58400% Fixed February 7, 2019 August 31, 2026 Unsecured
Unguaranteed
Mizuho Bank, Ltd.
Sumitomo Mitsui Banking Corporation
MUFG Bank, Ltd.
Mizuho Trust & Banking Co., Ltd.
Sumitomo Mitsui Trust Bank, Limited
The Norinchukin Bank
Resona Bank, Limited.
Shinkin Central Bank
Shinsei Bank, Limited
4,580 0.42250%
(Note 1)
Fixed August 30, 2019 February 26, 2027 Unsecured
Unguaranteed
Mizuho Bank, Ltd.
Sumitomo Mitsui Banking Corporation
MUFG Bank, Ltd.
Mizuho Trust & Banking Co., Ltd.
Mitsui Sumitomo Insurance Company,Limied
The 77 Bank, Ltd.
THE NISHI-NIPPON CITY BANK, LTD.
2,280 0.24450%
(Note 1)
Fixed February 28, 2020 August 30, 2024 Unsecured
Unguaranteed
Mizuho Bank, Ltd.
Sumitomo Mitsui Banking Corporation
MUFG Bank, Ltd.
Mizuho Trust & Banking Co., Ltd.
The Norinchukin Bank
Shinkin Central Bank
Shinsei Bank, Limited
Mitsui Sumitomo Insurance Company,Limied
2,470 0.28450%
(Note 1)
Fixed February 28, 2020 August 29, 2025 Unsecured
Unguaranteed
Mizuho Bank, Ltd.
Sumitomo Mitsui Banking Corporation
MUFG Bank, Ltd.
Mizuho Trust & Banking Co., Ltd.
The Norinchukin Bank
Resona Bank
Shinkin Central Bank
Shinsei Bank, Limited
Mitsui Sumitomo Insurance Company,Limied
5,200 0.39200%
(Note 1)
Fixed February 28, 2020 February 26, 2027 Unsecured
Unguaranteed
Mizuho Bank, Ltd.
Sumitomo Mitsui Banking Corporation
MUFG Bank, Ltd.
Mizuho Trust & Banking Co., Ltd.
The Norinchukin Bank
Shinkin Central Bank
Shinsei Bank, Limited
6,375 0.44300%
(Note 1)
Fixed February 28, 2020 August 31, 2027 Unsecured
Unguaranteed
MUFG Bank, Ltd. 490 0.44300% Fixed February 28, 2020 August 31, 2027 Unsecured
Unguaranteed
Mizuho Bank, Ltd.
MUFG Bank, Ltd.
Sumitomo Mitsui Trust Bank, Limited
850 0.26650%
(Note 1)
Fixed August 31, 2020 August 31, 2023 Unsecured
Unguaranteed
Sumitomo Mitsui Banking Corporation 2,000 0.41450%
(Note 1)
Fixed August 31, 2020 February 28, 2025 Unsecured
Unguaranteed
Sumitomo Mitsui Banking Corporation 1,000 0.47870%
(Note 1)
Fixed August 31, 2020 August 31, 2027 Unsecured
Unguaranteed
Mizuho Bank, Ltd.
Mizuho Trust & Banking Co., Ltd.
Sumitomo Mitsui Trust Bank, Limited
The Norinchukin Bank
Resona Bank, Limited
3,130 0.53250%
(Note 1)
Fixed August 31, 2020 February 29, 2028 Unsecured
Unguaranteed
Development bank of Japan Inc.
Aozora Bank, Ltd.
1,900 0.63462% Fixed August 31, 2020 August 31, 2028 Unsecured
Unguaranteed
Mizuho Bank, Ltd.
Mizuho Trust & Banking Co., Ltd.
1,870 0.65400%
(Note 1)
Fixed August 31, 2020 February 28, 2029 Unsecured
Unguaranteed
MUFG Bank, Ltd. 1,060 0.22250%
(Note 1)
Fixed February 8, 2021 May 31, 2023 Unsecured
Unguaranteed
Sumitomo Mitsui Banking Corporation
Mitsui Sumitomo Insurance Company,Limied
2,950 0.45200%
(Note 1)
Fixed February 8, 2021 January 31, 2028 Unsecured
Unguaranteed
Mizuho Bank, Ltd.
Sumitomo Mitsui Trust Bank, Limited
Resona Bank, Limited
Shinkin Central Bank
Shinsei Bank, Limited
The 77 Bank, Ltd.
THE NISHI-NIPPON CITY BANK, LTD.
The Gunma Bank, Ltd.
The Higo Bank, Ltd.
6,630 0.59000%
(Note 1)
Fixed February 8, 2021 February 28, 2029 Unsecured
Unguaranteed
The Norinchukin Bank
Development Bank of Japan Inc.
Aozora Bank, Ltd.
2,800 0.69000% Fixed February 8, 2021 August 31, 2029 Unsecured
Unguaranteed
Mizuho Bank, Ltd.
Mizuho Trust & Banking Co., Ltd.
4,110 0.72000%
(Note 1)
Fixed February 8, 2021 February 28, 2030 Unsecured
Unguaranteed
MUFG Bank, Ltd. 660 Base rate of interest (JBA three-month Japanese Yen TIBOR) + 0.155% Floating August 31, 2021 February 28, 2023 Unsecured
Unguaranteed
Sumitomo Mitsui Banking Corporation 1,790 0.42197% Fixed August 31, 2021 August 31, 2028 Unsecured
Unguaranteed
Mizuho Bank, Ltd.
Mizuho Trust & Banking Co., Ltd.
Shinsei Bank, Limited
Aozora Bank, Ltd.
2,480 0.54207% Fixed August 31, 2021 August 31, 2029 Unsecured
Unguaranteed
Mizuho Bank, Ltd. 1,000 0.66457% Fixed August 31, 2021 August 30, 2030 Unsecured
Unguaranteed

Breakdown of Financing by Bank

Lender Balance
(Millions of Yen)
Share
1 Mizuho Bank, Ltd. 39,134 26.2%
2 Sumitomo Mitsui Banking Corporation 26,785 17.9%
3 MUFG Bank, Ltd. 14,694 9.8%
4 Mizuho Trust & Banking Co., Ltd. 12,783 8.5%
5 The Norinchukin Bank 12,053 8.1%
6 Development Bank of Japan Inc. 10,762 7.2%
7 Sumitomo Mitsui Trust Bank, Limited 10,162 6.8%
8 Resona Bank, Limited 4,400 2.9%
9 Shinkin Central Bank 3,921 2.6%
10 Shinsei Bank, Limited 3,581 2.4%
11 Aozora Bank, Ltd. 3,381 2.3%
12 Mitsui Sumitomo Insurance Company, Limied 2,500 1.7%
13 Nippon Life Insurance Company 1,230 0.8%
14 The 77 Bank, Ltd. 1,000 0.7%
15 THE NISHI-NIPPON CITY BANK, LTD. 1,000 0.7%
16 Meiji Yasuda Life Insurance Company 730 0.5%
17 Sompo Japan Insurance Inc. 500 0.3%
18 The Gunma Bank, Ltd. 500 0.3%
19 The Higo Bank, Ltd. 500 0.3%
  • These are borrowings at floating interest rates, but the interest rate swap transactions are undertaken to hedge against the risk of interest rate fluctuations. The interest rates shown are therefore rates reflecting the effect of interest rate swaps (effective fixing of interest rates).
  • Interest rate indicates the weighted average rate of each syndicate of lenders.
  • Apart from the above borrowings, in anticipation of potential future funding needs, commitment line agreements existed as of February 3, 2021 with Mizuho Bank, Ltd., Sumitomo Mitsui Banking Corporation, MUFG Bank, Ltd., Mizuho Trust & Banking Co., Ltd., Shinsei Bank, Limited and Aozora Bank, Ltd. with a total borrowing limit of \13 billion.
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