Shizuoka’s Regional Finance, a New Axis of Environmental Finance Focused on Manufacturing

Yamaichi Metal was featured in the digital edition of Nikkei on March 16, 2022. The article discusses the first “Sustainability-Linked Loan (SLL)” in Shizuoka Prefecture, which we concluded with Shizuoka Bank in September 2021. This loan supports companies’ strategies that contribute to a sustainable society by reducing the lending interest rate based on achieving set goals. In this SLL contract, the performance indicator is set as the sales ratio of tablets in the total sales volume, with a target of 80% or more.

Many major companies, which are our customers, are increasingly declaring the reduction of greenhouse gases across their entire supply chains. The goal of achieving an 80% sales ratio is challenging, but we are working towards it with our customers’ understanding. Yamaichi Metal aims to accelerate decarbonization efforts based on this loan.