Green Bond Fact Sheet
Ricoh Leasing Company

Date: 18-Sept-2018

Issue date: 07-Sept-2018 Maturity date: 07-Sept-2023 Tenor: 5Issuer Name

Ricoh Leasing
CompanyAmount Issued

JPY10bn (USD91m)

Country of riskJapan

CBI Database

Included

Issuer Type1

Financial Corporate

Bond TypeGreen Bond

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 Credit
Rating 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☐ Wastewatertreatment☐ 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

No allocation reporting is expected since all proceeds will be used for Commercial Paper
redemption. If unallocated proceeds arise, then the issuer will report on their allocation.
Environmental impacts will be measured in the form of CO2 emissions reductions andreviewed by the Japan Credit Rating Authority, before being disclosed on the issuer’s
website.
Ricoh Leasing Company Ltd is a subsidiary of Ricoh Company Limited. Its main business is toprovide leasing and installing office appliances, IT related appliances, medical machinery, toprovide financial services for loans to corporate and individuals and commission business.

Firsts, records andcertifications
Proceeds description

Climate Bonds view

Ricoh Leasing Company, Japan, issued a 5-year green bond, which obtained a
Green 1 rating from the Japan Rating Agency. The deal will refinance 11 solar
power generating facilities located in Japan through the repayment of previously
issued Commercial Paper. The assets are expected have a total average power
generation of 30,001MW and reduce emissions by 15,701t per annum.
This is the first Japanese leasing company to enter the green bond market, taking
the country’s total issuance for 2018 to USD803m. The replacement of short-term
funding (commercial paper) with long-term financing (10-year green bond) is
better aligned to the asset life and provides a useful example how refinancing in
the green bond market can reposition financing: in this case, by extending thematurity profile.

Underwriters
Deal comments
Credit Rating
Pricing summary
Investors summary

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

corporate, sovereign