Bonds and Ratings
Corporate Bonds
(As of August 27, 2025)
| Name of Bond | Date of Issue | Total Issued Amount (JPY) |
Interest Rate (per year) |
Maturity Date |
|---|---|---|---|---|
| 1st Unsecured Bond (Blue Bond) | November 2, 2022 | 5 billion | 0.55% | November 2, 2027 |
| 2nd Unsecured Bond | August 31, 2023 | 13 billion | 0.864% | August 31, 2028 |
| 3rd Unsecured Bond | April 25, 2024 | 15 billion | 0.951% | April 25, 2029 |
| 4th Unsecured Bond | September 2, 2025 | 18 billion | 1.546% | September 2, 2030 |
Ratings
(As of March 26, 2025)
| Rating Agency | Issuer Rating | Rating Outlook |
|---|---|---|
| Rating and Investment Information, Inc. (R&I) | A- | Stable |
Regarding the details of credit ratings, please refer to the Rating and Investment Information, Inc. (R&I) website.
Umios is not liable for any damages incurred by the information provided on its website or linked pages. Credit ratings are not investment recommendations and may be subject to change by the rating agencies at any time. Additionally, when using any of these websites, please comply with their respective terms of use.
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About the Issuance of Blue Bonds
The Umios Group has set forth in our new medium-term management plan "For the ocean, for life MNV 2024" that we will continuously commit to enhancing enterprise value and generating sustainable growth by creating Umios Value (UV) for all stakeholders through the integration of business strategy and sustainability. In creating MNV, we aim to maximize environmental and social value while steadily implementing business strategies to maximize economic value, the foundation for ensuring business continuity.
As part of this, we have issued Japan's first blue bond. These sustainable finances will be actively utilized to fund our activities to create "environmental value" based on the framework we have established, to further contribute to help solve environmental issues. The proceeds of the Blue Bonds will be used mainly for our environmentally sustainable fisheries and aquaculture operations.
Overview of Blue Bond
| Name of Bond | Umios Corporation 1st Unsecured Bond (Blue Bond) |
|---|---|
| Maturity | 5 years |
| Total issued amount | 5 Billion yen |
| Interest rate | 0.55% per year |
| Date of determination of terms and conditions | October 27, 2022 |
| Payment date | November 2, 2022 |
| Maturity date | November 2, 2027 |
| Lead managing companies | Mizuho Securities Co., Ltd., Mitsubishi UFJ Morgan Stanley Securities Co. |
| Structuring agent* | Mizuho Securities Co., Ltd. |
| External evaluation | Rating and Investment Information, Inc (R&I) |
| Main use of funds | Environmentally sustainable fisheries and aquaculture operations, etc. |
* The structuring agent is a party that provides support for the issuance of blue bonds through the development of a blue finance framework and advice on obtaining an external evaluation.
Blue Finance Framework (September 2022)
Umios Corporation established a "Blue Finance Framework" based on the Green Bond Principles (GBP) 2021 of the International Capital Market Association (ICMA), the Green Bond (Loan) and Sustainability Linked Bond (Loan) Guidelines 2022 of the Ministry of Environment Government of Japan, the Loan Market Association (LMA), the Asia Pacific Loan Market Association (APLMA), the Loan Syndications and Trading Association's (LSTA) Green Loan Principles 2021 and the International Finance Corporation's (IFC) Guidelines for Blue Finance.
Blue Finance Framework (PDF: 1.52 MB / 19 p)External Evaluation (Second Party Opinion) (September 2022)
Umios Corporation received a second party opinion from Rating and Investment Information, Inc. on the conformity of our framework with the Green Bond Principles 2021, etc.
Rating and Investment Information, Inc. (R&I) Second Opinion (PDF: 3.5 MB / 18 p)Blue Bond Reporting
Regarding the allocation of the proceeds from blue bonds and its environmental and social improvement effects.
Blue Bond ReportingRelated Press Releases
Notice Regarding Determination of Terms and Conditions for Issuance of Blue Bonds (October 27, 2022) (PDF: 156 KB / 2 p) Notice Regarding Issuance of Japan's First "Blue Bond" (September 29, 2022) (PDF: 243 KB / 2 p) Notice Regarding Commencement of Consideration for Issuance of Japan's First "Blue Bond" (August 8, 2022) (PDF: 152 KB / 1 p)Regarding the allocation of the proceeds from blue bonds and its environmental and social improvement effects
Use of Proceeds
The proceeds will be used for expenditures related to the land-based salmon aquaculture project that has been established as an eligible project under the Blue Finance Framework.
Allocation Reporting
| Amount procured | Blue Bond issued in November 2022 5 Billion yen |
|---|---|
| Allocation of the proceeds | Land-based salmon aquaculture project * 1,715 Million yen |
| Balance of unallocated proceeds | 3,285 Million yen |
| Method of investment for unallocated proceeds | Cash |
| Scheduled time of appropriation for unallocated proceeds | Up to the end of March 2027 |
*The proceeds will be allocated to this project through an investment in ATLAND Corporation, which operates a land-based salmon aquaculture project.
Impact Reporting
Impact Reporting for FY2025 (April 2025 - March 2026)
Umios Corporation and Mitsubishi Corporation established a joint venture company, ATLAND Corporation (ATLAND), which will operate the land-based production of salmon in Nyuzen town of Toyama prefecture. As of 2025, ATLAND have acquired the land and are currently drilling wells. However, due to rising construction material and labor costs, the construction has been delayed from the original schedule, and the first delivery is now planned for 2029 or later. Part of the 1,715 million yen was appropriated as an investment in ATLAND in October 2023 has already been spent on design costs for the land-based aquaculture facility and land acquisition costs. We will continue to appropriate as an investment in ATLAND for the construction costs of the facility, aiming for the first delivery in 2029 or later.
We will continue to provide updates on this project through our impact reporting.
Impact Reporting for FY2024 (April 2024 - March 2025)
In October 2022, Umios Corporation and Mitsubishi Corporation established a joint venture company, ATLAND Corporation (ATLAND), which will operate the land-based production of salmon in Nyuzen town of Toyama prefecture. ATLAND will construct a land-based aquaculture facility with a capacity of 2,500 tons (live weight equivalent) in Nyuzen town, with the aims of starting operations in 2025 and completing the first delivery for 2027. Part of the 1,715 million yen was appropriated as an investment in ATLAND in October 2023 has already been spent on design costs for the land-based aquaculture facility. We will continue to appropriate in the future for the construction materials costs, etc. for the land-based aquaculture facility, aiming for the first delivery as planned. We will continue to provide updates on this project through our impact reporting.
Impact Reporting for FY2023 (April 2023 - March 2024)
In October 2022, Umios Corporation and Mitsubishi Corporation established a joint venture company, ATLAND Corporation (ATLAND), which will operate the land-based production of salmon in Nyuzen town of Toyama prefecture. ATLAND will construct a land-based aquaculture facility with a capacity of 2,500 tons (live weight equivalent) in Nyuzen town, with the aims of starting operations in 2025 and completing the first delivery in 2027. The 1,715 million yen that was appropriated as an investment in ATLAND has been spent or is planned to be spent in the future for ground surveys, design costs, construction materials costs, etc. for the land-based aquaculture facility. We will continue to provide updates on this project through our impact reporting.