Management of sustainability

Green bond

Green Bond

Green bond

In July 2026, Komatsu issued a green bond (unsecured straight bond) through a public offering in the Japanese market. Green bonds are designed to raise funds for exclusive use in business which works to help solve environmental problems.

Under the current three-year medium-term management plan, “Driving value with ambition” (Strategic Growth Plan) which runs through the fiscal year ending March 31, 2028, Komatsu is aiming for sustainable growth through a positive cycle of creating new value to address social issues and improve profitability. Under the Strategic Growth Plan, Komatsu has established ESG management targets, including reducing Komatsu’s own CO2 emissions by 50% by FY2030 (compared to FY2010), reducing the CO2 emissions intensity from product use by 50% (compared to FY2010), and achieving a renewable energy usage rate of 50%, while working to reduce environmental impact.
Through this bond issuance and future ongoing green finance initiatives, Komatsu will allocate the funds raised to efforts that contribute to resolving issues with significant impacts on its business activities as well as the environment and society, thereby further accelerating its initiatives toward the realization of a decarbonized society.

 

Outline of the green bond

Issuer Komatsu Ltd.
Pricing date July 3, 2026
Payment date July 9, 2026
Maturity 3 years
Issue amount JPY20.0 billion
Interest rate 1.782% per annum
Use of proceeds Capital expenditures related to the rebuilding of the headquarters (including associated land, facilities, and renovation costs).
The new headquarters obtained ZEB Ready certification in April 2026.
Lead manager Nomura Securities Co., Ltd.
Structuring agent* Nomura Securities Co., Ltd.
Rating "AA" by Rating and Investment Information, Inc. (R&I)
[Reference]Press release Press release dated July 3, 2026
  • Structuring agents support the issuance of green finance by providing advice on the formulation of green finance frameworks and on obtaining second-party opinions.
 

Second-party opinion of green bond eligibility

Komatsu has obtained a second-party opinion from DNV Business Assurance Japan K.K. regarding its conformity with the following principles and guidelines: Green Bond Principles 2025, Green Bond Guidelines 2024, Green Loan Principles 2025, and Green Loan Guidelines 2024.

 

Reporting

The allocation of proceeds and impact report for fiscal year 2026 will be published in 2027.

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