ÎÚÑ»´«Ã½

Notification with Respect to Issuance of Unsecured Straight Bonds

Listed Stock Name:ÎÚÑ»´«Ã½.
President & CEO:Haruo Naito
Headquarters:4-6-10 Koishikawa Bunkyo-ku, Tokyo
Securities Code:4523
Listed Locations:First Sections of the Tokyo Stock Exchange
& the Osaka Securities Exchange
Inquiries:Akira Fujiyoshi
Vice President
Corporate Communications, Investor Relations
Phone 81-3-3817-5120

Notification with Respect to Issuance of Unsecured Straight Bonds

ÎÚÑ»´«Ã½. has determined the conditions for the issuance of its 5th, 6th and 7th Series of Unsecured Straight Bonds (with limited inter-bond pari passu clause) as outlined below.

Details

1. 5th Series of ÎÚÑ»´«Ã½. Unsecured Straight Bonds;

  1. Issue amount: 40 billion yen in total
  2. Denomination: 100 million yen
  3. Application of the Law Concerning Book-Entry Transfer of Corporate Bonds, etc.:
    The provisions of the Law Concerning Book-Entry Transfer of Corporate Bonds, etc. shall apply to each Bond.
  4. Interest rate: 1.34% per annum
  5. Issue price: 99.99 percent
  6. Redemption price: 100.00 percent
  7. Maturity: 3 years
    • ⅰ.

      Maturity date: The principal of the Bonds shall be redeemed in a lump sum on June 6, 2011.

    • ⅱ.

      Purchase or cancel: The issuer may at any time purchase or cancel the Bonds from but excluding the payment date.

  8. Interest payment dates: June 6 and December 6 of each year

    (Initial interest payment date: December 6, 2008).

  9. Offering period: Thursday, May 29, 2008
  10. Payment date: Friday, June 6, 2008
  11. Method of offering: Public offering
  12. Status of the Bonds: The Bonds constitute senior unsecured obligation of ÎÚÑ»´«Ã½.
  13. Negative pledge: Applicable
  14. Underwriters: Nomura Securities Co., Ltd., Nikko Citigroup Limited and Shinko Securities Co., Ltd.
  15. Fiscal agent and Issuing and Paying agent: Mizuho Corporate Bank, Ltd.
  16. Book-entry transfer institution: Japan Securities Depository Center, Inc.
  17. Rating: “AA -” from Rating and Investment Information, Inc.; and

    “A2” from Moody's Investors Service, Inc.

2. 6th Series of ÎÚÑ»´«Ã½. Unsecured Straight Bonds;

  1. Issue amount: 50 billion yen in total
  2. Denomination: 100 million yen
  3. Application of the Law Concerning Book-Entry Transfer of Corporate Bonds, etc.: The provisions of the Law Concerning Book-Entry Transfer of Corporate Bonds, etc. shall apply to each Bond.
  4. Interest rate: 1.63% per annum
  5. Issue price: 99.98 percent
  6. Redemption price: 100.00 percent
  7. Maturity: 5 years
    • ⅰ.

      Maturity date: The principal of the Bonds shall be redeemed in a lump sum on June 6, 2013.

    • ⅱ.

      Purchase or cancel: The issuer may at any time purchase or cancel the Bonds from but excluding the payment date.

  8. Interest payment dates: June 6 and December 6 of each year

    (Initial interest payment date: December 6, 2008).

  9. Offering period: Thursday, May 29, 2008
  10. Payment date: Friday, June 6, 2008
  11. Method of offering: Public offering
  12. Status of the Bonds: The Bonds constitute senior unsecured obligation of ÎÚÑ»´«Ã½.
  13. Negative pledge: Applicable
  14. Underwriters: Nomura Securities Co., Ltd., Mitsubishi UFJ Securities Co., Ltd., and Shinko Securities Co., Ltd. shall serve as the co-lead managing underwriters for this syndication.
  15. Fiscal agent and Issuing and Paying agent: Mizuho Corporate Bank, Ltd.
  16. Book-entry transfer institution: Japan Securities Depository Center, Inc.
  17. Rating: “AA -” from Rating and Investment Information, Inc.; and

    “A2” from Moody's Investors Service, Inc.

3. 7th Series of ÎÚÑ»´«Ã½. Unsecured Straight Bonds;

  1. Issue amount: 30 billion yen in total
  2. Denomination: 100 million yen
  3. Application of the Law Concerning Book-Entry Transfer of Corporate Bonds, etc.: The provisions of the Law Concerning Book-Entry Transfer of Corporate Bonds, etc. shall apply to each Bond.
  4. Interest rate: 1.83% per annum
  5. Issue price: 99.98 percent
  6. Redemption price: 100.00 percent
  7. Maturity: 7 years
    • ⅰ.

      Maturity date: The principal of the Bonds shall be redeemed in a lump sum on June 5, 2015.

    • ⅱ.

      Purchase or cancel: The issuer may at any time purchase or cancel the Bonds from but excluding the payment date.

  8. Interest payment dates: June 6 and December 6 of each year

    (Initial interest payment date: December 6, 2008).

  9. Offering period: Thursday, May 29, 2008
  10. Payment date: Friday, June 6, 2008
  11. Method of offering: Public offering
  12. Status of the Bonds: The Bonds constitute senior unsecured obligation of ÎÚÑ»´«Ã½.
  13. Negative pledge: Applicable
  14. Underwriters: Nomura Securities Co., Ltd. and Nikko Citigroup Limited
  15. Fiscal agent and Issuing and Paying agent: Mizuho Corporate Bank, Ltd.
  16. Book-entry transfer institution: Japan Securities Depository Center, Inc.
  17. Rating: “AA -” from Rating and Investment Information, Inc.; and

    “A2” from Moody's Investors Service, Inc.

  • Note :
    This document is a press release intended for publicizing the issuance of the 5th, 6th and 7th Series of ÎÚÑ»´«Ã½. Unsecured Straight Bonds (with limited inter-bond pari passu clause) and is not intended as a solicitation for investment or similar activity.