Komatsu plans to raise ¥50bn through two unsecured bond tranches, a ¥20bn three-year green bond and a ¥30bn five-year issue, according to a shelf-registration supplement filed on July 3.
| Tranche | Tenor | Amount |
|---|---|---|
| 19th unsecured bond (green bond) | 3 years | ¥20bn |
| 20th unsecured bond | 5 years | ¥30bn |
The split is the main point. The 19th series, the three-year piece, is identified as a green bond in the filing, while the other tranche is a ¥30bn five-year unsecured bond. That means the sustainability label applies to one slice of the deal, not the full ¥50bn offering.
The issue sits inside a shelf registration filed on November 22, 2024, effective from November 30, with an issuance window that ends on November 29, 2026. The cover-page data also lists a planned issue amount of ¥100bn, shows no prior offerings under that shelf and records the full ¥100bn as remaining before this supplement.
In other words, this is a funding snapshot, not a grand strategy reveal. The disclosed terms support the size, maturity split and green label, but not pricing commentary or a broader sustainability claim beyond the ¥20bn three-year tranche.