ＮＥＷＳ ＲＥＬＥＡＳＥ
September 29, 2018MARUI GROUP to Issue First Green Bonds
in Japan to Be Used 100% for Renewable PowerMARUI GROUP CO., LTD., announces that it will issue green bonds*1 that are publicly
available in Japan in October 2018.
As a member of RE100,*2 MARUI GROUP is working to procure 100% of the electricity
used in its business activities from renewable power sources, such as solar and windpower. All of the funds procured through this issuance of green bonds will be used topurchase electricity generated from renewable power sources. This undertaking is a firstfor the domestic retail industry and for Japan as a whole.

■ Background and Purpose for Green Bond Issuance
MARUI GROUP practices forward-looking co-creation sustainability management, anapproach that merges its business, environmental, social issue response, and corporate
governance initiatives in an integrated manner.
In conjunction with the adoption of this new approach, we also redefined the focus ofour business from serving all customers to promoting inclusion. This redefinition wasaccompanied by the establishment of four core themes related to inclusion that are alsobased on the United Nations Sustainable Development Goals.
One of MARUI GROUP’s four core themes is ecological inclusion. Based on this theme,
we develop eco-friendly businesses to contribute to the realization of a low-carbon,
recycling-oriented society and propose ecologicallysound lifestyles that are in harmony with nature andthe environment.
In addition, MARUI GROUP is a member of RE100, aninternational initiative that encourages companies to source 100%of their electricity from renewable power sources, and we have
Public Relations Office, MARUI GROUP CO., LTD.
3-2, Nakano 4-chome, Nakano-ku, Tokyo 164-8701, Japan
Telephone: 03-3384-0101 (Receptionist) Fax: 03-5343-6615

established greenhouse gas emissions reduction targets that have been certified by theinternational initiative Science Based Targets.*3
The decision to issue green bonds was made as part of our efforts to promote ecologicalinclusion. MARUI GROUP intends to use all of the funds procured through these bonds
for initiatives aimed at achieving its targets for sourcing 100% of the electricity used in its
business activities from renewable power sources and for reducing greenhouse gasemissions.

■ Overview of Green BondsIssuer

MARUI GROUP CO., LTD.

Maturity period

5 years

Amount of issue¥10 billion

Start of issue

October 2018 (tentative)

Use of proceeds

1. Source 100% of electricity from renewable power sources
2. Reduction of GHG emissions
3. Renewable power generation

Leader managers

Nomura Securities Co., Ltd., Mitsubishi UFJ Morgan Stanley
Securities Co., Ltd.

Green bond

Mitsubishi UFJ Morgan Stanley Securities Co., Ltd.

structuring agent*4*1 Green bonds are bonds issued for the purpose of procuring funds for initiatives that address global warming andother environmental issues.
*2 RE100 is an international initiative led by the international NGO The Climate Group in partnership with CDP.
Companies joining this initiative are asked to declare and disclose their commitments to sourcing 100% of theelectricity used in their business activities from renewable power sources by the earliest possible date and by 2050 at
the latest.
*3 The Science Based Targets initiative was jointly established by CDP, the United Nations Global Compact, the World
Resources Institute, and WWF. This initiative is tasked with encouraging companies to set science-based greenhousegas reduction targets with the aim of keeping the average increase in global temperature from pre-industrial times
below 2°C.
*4 A green bond structuring agent supports the issuance of green bonds by formulating the framework for the bonds andoffering advice on receiving second opinions.

-2-

MARUI GROUP has received a second opinion regarding the eligibility of its initiatives
for green bonds in the form of a third-party evaluation from ESG evaluation company
Sustainalytics.
→https://www.sustainalytics.com/wp-content/uploads/2018/09/Marui-Group_Green-BondFramework-Overview_SPO_Final.pdf
Information on MARUI GROUP’s vision for co-creation sustainability management can befound in the following reports.

Co-Creation Management Report 2017→http://www.0101maruigroup.co.jp/en/ir/lib/i-report.html

Co-Creation Sustainability Report 2017→http://www.0101maruigroup.co.jp/en/sustainability/lib/s-report.html

Co-Creation Management Report 2018 is scheduled to be released in October 2018, and
Co-Creation Sustainability Report 2018 is scheduled to be released in January 2019.

■ Company Overview
Name: MARUI GROUP CO., LTD.
Head Office: 3-2, Nakano 4-chome, Nakano-ku, Tokyo 164-8701, Japan
Telephone: 03-3384-0101 (Receptionist) Fax: 03-5343-6615
Corporate Website: http://www.0101maruigroup.co.jp/en/
President and Representative Director: Hiroshi Aoi
Major Affiliates: MARUI CO., LTD.; Epos Card Co., Ltd.; AIM CREATE CO., LTD.; etc.

-3-