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Hikari Tsushin, Inc. ( (JP:9435) ) has provided an announcement.
Hikari Tsushin, Inc. has set the terms for its 56th and 57th unsecured straight corporate bonds, each totaling 10 billion yen, with denominations of 1 million yen and coupons of 2.823% and 3.510% per annum, respectively. The five-year bond will mature on May 1, 2031, and the seven-year bond on April 28, 2033, with proceeds earmarked for bond redemption and backed by solid domestic credit ratings of A+ from Japan Credit Rating Agency and A from Rating & Investment Information, reflecting stable funding conditions and sustained investor confidence.
Nomura Securities, Daiwa Securities, Mizuho Securities, and SMBC Nikko Securities will underwrite the issues, while Mizuho Bank acts as trustee and Japan Securities Depository Center handles book-entry transfer, reinforcing the use of Japan’s established capital market infrastructure. By locking in medium- to long-term funding under pari passu conditions and maintaining full principal redemption at par, the company strengthens its liability management and demonstrates continued access to the domestic bond market, which may support financial stability and reassure stakeholders about its funding base.
The most recent analyst rating on (JP:9435) stock is a Hold with a Yen43200.00 price target. To see the full list of analyst forecasts on Hikari Tsushin, Inc. stock, see the JP:9435 Stock Forecast page.
More about Hikari Tsushin, Inc.
Hikari Tsushin, Inc. is a Japan-based company listed on the Tokyo Stock Exchange Prime Market that operates in the telecommunications and related services sector. The company is involved in various communication and information-related businesses and accesses capital markets through yen-denominated corporate bond issuances to support its financial strategy and ongoing operations.
Average Trading Volume: 91,555
Technical Sentiment Signal: Buy
Current Market Cap: Yen1665.9B
See more insights into 9435 stock on TipRanks’ Stock Analysis page.