Notice Regarding the Issuance of Blue Bond (38th Unsecured Senior Bonds)

Key Announcements

Shimizu Corporation, based on its environmental vision "SHIMZ Beyond Zero 2050," announced its plan to issue the 38th unsecured senior bonds (Blue Bond) amounting to 10 billion yen in January 2026 to refinance construction funds for the offshore wind power facility construction self-elevating platform (SEP) vessel "BLUE WIND." This bond issuance marks Japan's first Blue Bond with capital usage dedicated to an SEP vessel and is a type of green bond based on the Sustainable Blue Economy concept. In 2023, the "BLUE WIND" was utilized for offshore wind power facility construction near Nyūzen, Toyama Prefecture, and Ishikari Bay New Port, Hokkaido, and also participated in a charter project in Taiwan.

Impact on Investors

Through this Blue Bond issuance, Shimizu Corporation broadly demonstrates its commitment to sustainability management aimed at addressing environmental issues and strengthens its business strategy to become a leading player in offshore wind power facility construction. All funds raised will be fully allocated to refinancing the construction costs of "BLUE WIND," which is expected to continue leveraging its superior performance to contribute to the realization of a sustainable future society. The Blue Bond Framework complies with guidelines from the International Capital Market Association (ICMA), and a second opinion has been obtained from Rating and Investment Information, Inc. (R&I).