Fujifilm Social Bond

FUJIFILM Holdings Corporation has identified “Health” as one of the priority areas in its corporate social responsibility (CSR) plan “Sustainable Value Plan 2030” ending March 2031. As part of the Company’s health goals, Fujifilm will improve access to healthcare and medicine around the world through our cutting-edge products and services across prevention, diagnosis and treatment.
Fujifilm issues a social bond offering and it is used to finance the Company’s biopharmaceutical contract development and manufacturing business (Bio CDMO* business), which contributes to fulfilling unmet medical needs and improving medical accessibility across the globe. 

*Abbreviation for Contract Development & Manufacturing Organization. Providing pharmaceutical companies with various services such as cell line development in early development stage, production process development, stability testing, development and manufacturing of investigational drugs and manufacturing of commercial drugs.

Issued in July 2024

News Release

Social Bond

Name Timig of issue Issue amount Redemption
maturity date
Interest rate
1 FUJIFILM Holdings Corporation
20th Series of Unsecured Corporate Bonds
(with inter-bond pari passu clause) (Social bonds)
July 19, 2024 70 billion yen July 16, 2027 0.633%
2 FUJIFILM Holdings Corporation
21st Series of Unsecured Corporate Bonds
(with inter-bond pari passu clause) (Social bonds)
July 19, 2024 80 billion yen July 19, 2029 0.838%
3 FUJIFILM Holdings Corporation
22nd Series of Unsecured Corporate Bonds
(with inter-bond pari passu clause) (Social bonds)
July 19, 2024 20 billion yen July 18, 2031 1.039%
4 FUJIFILM Holdings Corporation
23rd Series of Unsecured Corporate Bonds
(with inter-bond pari passu clause) (Social bonds)
July 19, 2024 30 billion yen July 19, 2034 1.386%

Summary of Social Bond

Name

FUJIFILM Holdings Corporation 20th Series of Unsecured Corporate Bonds

(with inter-bond pari passu clause) (Social bonds)

FUJIFILM Holdings Corporation 21st Series of Unsecured Corporate Bonds

(with inter-bond pari passu clause) (Social bonds)

FUJIFILM Holdings Corporation 22nd Series of Unsecured Corporate Bonds

(with inter-bond pari passu clause) (Social bonds)

FUJIFILM Holdings Corporation 23rd Series of Unsecured Corporate Bonds

(with inter-bond pari passu clause) (Social bonds)

Timing of issue

July 19, 2024

Launch date

July 12, 2024

Maturity

3 years

5 years

7 years

10 years

Issue amount

70 billion yen

80 billion yen

20 billion yen

30 billion yen

Interest rate

0.633%

0.838%

1.039%

1.386%

Use of proceeds

Refinance existing investments related to building new manufacturing bases and capital investment for production capacity enhancement, on Bio CDMO business

Lead managers

Daiwa Securities Co. Ltd. (book runner)

Nomura Securities Co., Ltd.

SMBC Nikko Securities Inc.

Mizuho Securities Co., Ltd.

Structuring agent

Daiwa Securities Co. Ltd.

Second party opinoin

DNV Business Assurance Japan K.K.

Credit ratings

AA(R&I)、A2(MDY)

Framework

Second Party Opinion

Issued in April 2022

News Release

Social Bond

Name Timig of issue Issue amount Redemption
maturity date
Interest rate
1 FUJIFILM Holdings Corporation
16th Series of Unsecured Corporate Bonds
(with inter-bond pari passu clause) (Social bonds)
April 20, 2022 40 billion yen April 18, 2025 0.100%
2 FUJIFILM Holdings Corporation
17th Series of Unsecured Corporate Bonds
(with inter-bond pari passu clause) (Social bonds)
April 20, 2022 40 billion yen April 20, 2027 0.195%
3 FUJIFILM Holdings Corporation
18th Series of Unsecured Corporate Bonds
(with inter-bond pari passu clause) (Social bonds)
April 20, 2022 20 billion yen April 20, 2029 0.304%
4 FUJIFILM Holdings Corporation
19th Series of Unsecured Corporate Bonds
(with inter-bond pari passu clause) (Social bonds)
April 20, 2022 20 billion yen April 20, 2032 0.374%

Summary of Social Bond

Name

FUJIFILM Holdings Corporation 16th Series of Unsecured Corporate Bonds

(with inter-bond pari passu clause) (Social bonds)

FUJIFILM Holdings Corporation 17th Series of Unsecured Corporate Bonds

(with inter-bond pari passu clause) (Social bonds)

FUJIFILM Holdings Corporation 18th Series of Unsecured Corporate Bonds

(with inter-bond pari passu clause) (Social bonds)

FUJIFILM Holdings Corporation 19th Series of Unsecured Corporate Bonds

(with inter-bond pari passu clause) (Social bonds)

Timing of issue

April 20, 2022

Launch date

April 14, 2022

Maturity

3 years

5 years

7 years

10 years

Issue amount

40 billion yen

40 billion yen

20 billion yen

20 billion yen

Interest rate

0.100%

0.195%

0.304%

0.374%

Use of proceeds

Refinance existing investments related to capital investments for new manufacturing sites, M&A, manufacturing capacity expansion and development for high-efficiency and high-productivity technologies, etc., on Bio CDMO business

Lead managers

Daiwa Securities Co. Ltd. (book runner)

Nomura Securities Co., Ltd.

Mitsubishi UFJ Morgan Stanley Securities Co., Ltd.

Structuring agent

Daiwa Securities Co. Ltd.

Second party opinoin

DNV Business Assurance Japan K.K.

Credit ratings

AA(R&I)、A2(MDY)

Framework

Second Party Opinion

Allocation Reporting

April 24, 2024

Issuance Amount

Allocated Amount

Unallocated Amount

Ratio of Refinance

JPY 120 billion

JPY 120 billion

JPY 0 billion

100%

Eligibility Criteria

Eligible Project

Allocated Amount

Building new manufacturing bases, M&A, capital investment for production capacity enhancement,

development for high efficiency and high productivity technologies, etc. , on Bio CDMO business

①Acquisition of Denmark manufacturing site(FUJIFILM Diosynth Biotechnologies Denmark ApS)from Biogen

Approx.

$ 890 million

②Capacity expansion of Denmark manufacturing site (expansion of six 20 kl culture tanks (total 120

kl), etc.)

Approx.

JPY 20 billion

Total Amount:JPY 120 billion

Impact Reporting

April 24, 2024

Social Project Category

Eligibility Criteria

Target Population

Outcome

Impact

Access to essential services

(health, healthcare)

Building new manufacturing bases, M&A, capital investment for production capacity enhancement,

development for high efficiency and high productivity technologies, etc. , on Bio CDMO business

Biopharmaceutical users

Production capacity of our Bio CDMO business:

180Kℓ

(As of March 2024)

Satisfying unmet medical needs and improving access to medical services through stable supply of high-quality bio pharmaceuticals

Review