Green Bond Fact Sheet

Fuyo General Lease Co., Ltd.

Date: 20-Nov-2018

Issue date: 02-Nov-2018 Maturity date: 02-Nov-2023 Tenor: 5Issuer Name

Fuyo General LeaseCo., Ltd.

Amount Issued

JPY10bn (USD88m)

Country of riskJapan

CBI Database

Included

Issuer Type1

Financial Corporate

Bond TypeSenior unsecured

Green Bond Framework

N/A

Second party opinion

N/A

Certification Standard

Not certified

Assurance report

N/A

Certification Verifier

N/AGreen bond rating

Green 1 (Japan CreditRating Agency)☒ Energy☒ Solar☐ Onshore wind
☐ Offshore wind
☐ Geothermal☐ Hydro☐ Tidal☐ Biofuels☐ Bioenergy☐ District heating☐ Electricity grid

☐ Energy storage☒ Energy performance☐ Infrastructure☐ Industry: components☐ Adaptation & resilience☐ Buildings☐ Certified Buildings☐ HVAC systems☐ Energyperformance☐ Water performance☐ Energy storage/meters☐ Other energy related☐ Industry: components☐ Adaptation & resilience☐ Transport☐ Electric vehicles☐ Low emissionvehicles☐ Bus rapid transit☐ Passenger trains☐ Urban rail

☐ Freight rolling stock☐ Coach / public bus☐ Bicycle infrastructure☐ Energy performance☐ Transport logistics☐ Infrastructure☐ Industry: components☐ Adaptation & resilience☐ Water & wastewater☐ Water distribution☐ Water treatment☐ Wastewater
treatment☐ Water storage☐ Storm water mgmt
☐ Desalinisation plants☐ Erosion control☐ Energy performance☐ Infrastructure☐ Industry: components☐ Adaptation & resilience

Use of Proceeds☐ Waste management☐ Recycling☐ Waste prevention☐ Pollution control☐ Landfill, energy capture☐ Energy performance☐ Infrastructure☐ Waste to energy☐ Industry: components☐ Adaptation & resilience☐ Land use & agriculture☐ Afforestation/parks☐ FSC Forestry☐ FSC Cellulose &paper☐ Land remediation☐ Energy/water efficiency☐ Sustainable agriculture☐ Adaptation & resilience☐ Other☐ Adaptation &resilience☐ ICT☐ Industry: process

Issue details
ReportingCompany information

If such unallocated funds, Fuyo General Lease schedules to report changes in its allocation
status. Going forward, the Company schedules to disclosure on a periodic basis the amountof CO2 reductions calculated methodology prescribed calculations based on the theoreticalamount of power generated at the Company’s website. The issuer will undergo an annual
third-party review of the reporting from JCR until the bond’s redemption date.
Fuyo General Lease Co., Ltd. is a general leasing company established in 1969 by six Fuyo
Group companies. Its strengths lie in leasing information-related equipment, officeequipment, and real estate. In its Medium-term Management Plan, “Frontier Expansion
2021,” the Fuyo Lease Group has identified “environment/energy” as one of its strategic
fields, and promotes the leasing and financing of infrastructure and equipment that
contribute to the expansion of solar-power projects, energy conservation, anddecarbonization.

Firsts, records andcertifications
Proceeds description

Climate Bonds view

Underwriters

Deal proceeds will finance the redemption of commercial paper and theconstruction of four solar power generating facilities. The targeted total annual
average generation is 98,428 MWh, which is estimated to represent an annual CO2
reduction of 51,650 tCO2.
Disclosing expected generation and CO2 reduction figures at a pre-issuance stage isencouraged to provide more clarity on the financed assets. The replacement ofcommercial paper – which is a debt instrument with a maturity of up to a year – isalso favourable as the 5-year bond provides more certainty of funding for the lifeof the project: developing the solar assets and bringing them online.
MizuhoDeal comments
Credit Rating

A (JCR); A- (R&I)

Pricing summary
Investors summary

1Issuer categories: ABS, development bank, financial corporate, government-backed entity, loan, local government, non-financial
corporate, sovereign