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Borrowings

Jun. 17, 2024

Classification Financial
institution
Borrowing
amount
(in millions of yen)
Interest rate Commence-ment
of the term
Maturity Security
Long-term Sumitomo Mitsui Trust Bank, Limited
MUFG Bank, Ltd.
Mizuho Bank, Ltd.
6,000 0.36900%
(Note3)
Jun. 13, 2016 Dec. 13, 2024 Unsecured,
non-
guaranteed
Sumitomo Mitsui Trust Bank, Limited
MUFG Bank, Ltd.
Mizuho Bank, Ltd.
Sumitomo Mitsui Banking Corporation
Development Bank of Japan Inc.
6,000 0.54094% Sep. 21, 2016 Mar. 21, 2025 Unsecured,
non-
guaranteed
Sumitomo Mitsui Trust Bank, Limited
Mizuho Bank, Ltd.
MUFG Bank, Ltd.
4,680 Basic interest
rate + 0.14%
(Note1, 2)
Mar. 30, 2023 Mar. 30, 2025 Unsecured,
non-
guaranteed
Nippon Life Insurance Company 500 0.25000% Mar. 31, 2021 Mar. 31, 2025 Unsecured,
non-
guaranteed
Sumitomo Mitsui Trust Bank, Limited
Mizuho Bank, Ltd.
MUFG Bank, Ltd.
4,200 Basic interest
rate + 0.14%
(Note1, 2)
Jun. 15, 2023 Jun. 15, 2025 Unsecured,
non-
guaranteed
Sumitomo Mitsui Trust Bank, Limited
Mizuho Bank, Ltd.
MUFG Bank, Ltd.
1,500 Basic interest
rate + 0.14%
(Note1, 2)
Sep. 11, 2023 Sep. 11, 2025 Unsecured,
non-
guaranteed
Sumitomo Mitsui Trust Bank, Limited
MUFG Bank, Ltd.
Mizuho Bank, Ltd.
Sumitomo Mitsui Banking Corporation
Development Bank of Japan Inc.
9,000 0.70169% Mar. 16, 2017 Sep. 16, 2025 Unsecured,
non-
guaranteed
Mizuho Trust & Banking Co., Ltd.
Resona Bank, Limited
The Bank of Fukuoka, Ltd.
Shinkin Central Bank
The Norinchukin Bank
The Nishi-Nippon City Bank, Ltd.
The Bank of Kyoto, Ltd.
3,000 0.46453% Mar. 16, 2018 Sep. 16, 2025 Unsecured,
non-
guaranteed
Sumitomo Mitsui Trust Bank, Limited
Mizuho Bank, Ltd.
MUFG Bank, Ltd.
Sumitomo Mitsui Banking Corporation
Development Bank of Japan Inc.
2,000 0.58630% Mar. 30, 2018 Sep. 16, 2025 Unsecured,
non-
guaranteed
Mizuho Trust & Banking Co., Ltd.
Shinkin Central Bank
3,000 0.09313% Aug. 29, 2019 Feb. 27, 2026 Unsecured,
non-
guaranteed
Sumitomo Mitsui Trust Bank, Limited
MUFG Bank, Ltd.
Mizuho Bank, Ltd.
Sumitomo Mitsui Banking Corporation
Development Bank of Japan Inc.
10,500 0.61942% Sep. 21, 2016 Mar. 19, 2026 Unsecured,
non-
guaranteed
Sumitomo Mitsui Trust Bank, Limited
Mizuho Bank, Ltd.
MUFG Bank, Ltd.
Sumitomo Mitsui Banking Corporation
3,320 Basic interest
rate + 0.15%
(Note1, 2)
Mar. 30, 2023 Mar. 30, 2026 Unsecured,
non-
guaranteed
Sumitomo Mitsui Banking Corporation 6,000 0.69796% Dec. 13, 2016 Jun. 12, 2026 Unsecured,
non-
guaranteed
Mizuho Trust & Banking Co., Ltd.
Resona Bank, Limited
The Bank of Fukuoka, Ltd.
The Norinchukin Bank
The 77 Bank, Ltd
5,000 0.35765% Mar. 7, 2019 Sep. 7, 2026 Unsecured,
non-
guaranteed
Mizuho Trust & Banking Co., Ltd.
Resona Bank, Limited
The Bank of Fukuoka, Ltd.
4,500 Basic interest
rate + 0.125%
(Note1, 2)
Mar. 29, 2024 Sep. 29, 2026 Unsecured,
non-
guaranteed
Sumitomo Mitsui Trust Bank, Limited
MUFG Bank, Ltd.
Mizuho Bank, Ltd.
7,000 0.71015% Jun. 13, 2017 Dec. 14, 2026 Unsecured,
non-
guaranteed
Mizuho Trust & Banking Co., Ltd.
The Norinchukin Bank
2,400 0.23004% Jun. 28, 2019 Dec. 28, 2026 Unsecured,
non-
guaranteed
Sumitomo Mitsui Trust Bank, Limited
MUFG Bank, Ltd.
Mizuho Bank, Ltd.
Sumitomo Mitsui Banking Corporation
Development Bank of Japan Inc.
3,900 0.70698% Jan. 9, 2018 Jan. 9, 2027 Unsecured,
non-
guaranteed
Sumitomo Mitsui Trust Bank, Limited
MUFG Bank, Ltd.
Mizuho Bank, Ltd.
Sumitomo Mitsui Banking Corporation
Development Bank of Japan Inc.
3,800 0.43349% Jan. 10, 2020 Jan. 12, 2027 Unsecured,
non-
guaranteed
Resona Bank, Limited.
The Yamagata Bank, Ltd.
2,000 Basic interest
rate + 0.11625%
(Note1, 2)
Sep. 29, 2023 Mar. 29, 2027 Unsecured,
non-
guaranteed
Tokio Marine & Nichido Fire Insurance Co., Ltd. 400 0.43309% Mar. 31, 2022 Mar. 31, 2027 Unsecured,
non-
guaranteed
Sumitomo Mitsui Trust Bank, Limited
Mizuho Bank, Ltd.
MUFG Bank, Ltd.
Sumitomo Mitsui Banking Corporation
Development Bank of Japan Inc.
7,000 0.73360% Jun. 13, 2018 Jun. 13, 2027 Unsecured,
non-
guaranteed
Sumitomo Mitsui Trust Bank, Limited
MUFG Bank, Ltd.
Mizuho Bank, Ltd.
Sumitomo Mitsui Banking Corporation
Development Bank of Japan Inc.
1,600 0.74869% Jan. 5, 2018 Jul. 5, 2027 Unsecured,
non-
guaranteed
Sumitomo Mitsui Trust Bank, Limited
Mizuho Bank, Ltd.
MUFG Bank, Ltd.
Sumitomo Mitsui Banking Corporation
3,500 0.54375%
(Note 3)
Apr. 19, 2019 Jul. 5, 2027 Unsecured,
non-
guaranteed
Development Bank of Japan Inc. 500 0.58821% Apr. 19, 2019 Jul. 5, 2027 Unsecured,
non-
guaranteed
The Bank of Fukuoka, Ltd.
The Norinchukin Bank
1,500 0.28500% Mar. 31, 2020 Sep. 30, 2027 Unsecured,
non-
guaranteed
Sumitomo Mitsui Trust Bank, Limited
Mizuho Bank, Ltd.
MUFG Bank, Ltd.
Sumitomo Mitsui Banking Corporation
9,640 0.55800%
(Note 3)
Jan. 10, 2019 Jan. 11, 2028 Unsecured,
non-
guaranteed
Development Bank of Japan Inc. 1,610 0.65264% Jan. 10, 2019 Jan. 11, 2028 Unsecured,
non-
guaranteed
Sumitomo Mitsui Trust Bank, Limited
Mizuho Bank, Ltd.
MUFG Bank, Ltd.
Sumitomo Mitsui Banking Corporation
Development Bank of Japan Inc.
4,100 0.56127% May 31, 2019 May 31, 2028 Unsecured,
non-
guaranteed
Sumitomo Mitsui Trust Bank, Limited
Mizuho Bank, Ltd.
MUFG Bank, Ltd.
5,610 0.60750% Jun. 15, 2022 Jun. 15, 2028 Unsecured,
non-
guaranteed
Sumitomo Mitsui Trust Bank, Limited
Mizuho Bank, Ltd.
MUFG Bank, Ltd.
Sumitomo Mitsui Banking Corporation
Development Bank of Japan Inc.
1,700 0.49281% Jul. 9, 2019 Jul. 10, 2028 Unsecured,
non-
guaranteed
Mizuho Trust & Banking Co., Ltd.
The Bank of Fukuoka, Ltd.
The 77 Bank, Ltd.
The Nishi-Nippon City Bank, Ltd.
5,000 0.27935% Jan. 12, 2021 Jul. 12, 2028 Unsecured,
non-
guaranteed
Development Bank of Japan Inc. 6,000 0.56511% Jun. 13, 2019 Dec. 13, 2028 Unsecured,
non-
guaranteed
Mizuho Trust & Banking Co., Ltd.
Shinkin Central Bank
The 77 Bank, Ltd.
2,900 0.56934% Mar. 31, 2022 Mar. 31, 2029 Unsecured,
non-
guaranteed
Sumitomo Mitsui Trust Bank, Limited
Mizuho Bank, Ltd.
MUFG Bank, Ltd.
Development Bank of Japan Inc.
4,000 0.74000% Apr. 6, 2023 Apr. 6, 2029 Unsecured,
non-
guaranteed
Sumitomo Mitsui Trust Bank, Limited
Mizuho Bank, Ltd.
MUFG Bank, Ltd.
Sumitomo Mitsui Banking Corporation
Development Bank of Japan Inc.
4,200 0.36806% Jul. 12, 2021 Jul. 12, 2029 Unsecured,
non-
guaranteed
Sumitomo Mitsui Trust Bank, Limited
Mizuho Bank, Ltd.
MUFG Bank, Ltd.
Sumitomo Mitsui Banking Corporation
Development Bank of Japan Inc.
4,900 0.40809% Sep. 10, 2021 Sep. 10, 2029 Unsecured,
non-
guaranteed
Sumitomo Mitsui Trust Bank, Limited
Mizuho Bank, Ltd.
MUFG Bank, Ltd.
Sumitomo Mitsui Banking Corporation
Development Bank of Japan Inc.
5,300 0.45403% Dec. 21, 2020 Dec. 21, 2029 Unsecured,
non-
guaranteed
Sumitomo Mitsui Trust Bank, Limited
Mizuho Bank, Ltd.
MUFG Bank, Ltd.
Sumitomo Mitsui Banking Corporation
Development Bank of Japan Inc.
1,600 0.49750% Jan. 11, 2022 Jan. 11, 2030 Unsecured,
non-
guaranteed
Sumitomo Mitsui Trust Bank, Limited
Mizuho Bank, Ltd.
MUFG Bank, Ltd.
Development Bank of Japan Inc.
Sumitomo Mitsui Banking Corporation
6,000 0.87125% Jan. 12, 2024 Jan. 12, 2030 Unsecured,
non-
guaranteed
Sumitomo Mitsui Trust Bank, Limited
Mizuho Bank, Ltd.
MUFG Bank, Ltd.
Sumitomo Mitsui Banking Corporation
Development Bank of Japan Inc.
6,700 0.45882% Jan. 12, 2021 Jan. 12, 2030 Unsecured,
non-
guaranteed
Taiyo Life Insurance Company
Mitsui Sumitomo Insurance Company,
Limited
1,000 0.88777% Sep. 29, 2023 Mar. 29, 2030 Unsecured,
non-
guaranteed
Sumitomo Mitsui Trust Bank, Limited
Mizuho Bank, Ltd.
MUFG Bank, Ltd.
Sumitomo Mitsui Banking Corporation
Development Bank of Japan Inc.
9,550 0.42436% Jul. 12, 2021 Jul. 12, 2030 Unsecured,
non-
guaranteed
Sumitomo Mitsui Trust Bank, Limited
Mizuho Bank, Ltd.
MUFG Bank, Ltd.
Sumitomo Mitsui Banking Corporation
Development Bank of Japan Inc.
4,900 0.46690% Sep. 10, 2021 Sep. 10, 2030 Unsecured,
non-
guaranteed
Sumitomo Mitsui Trust Bank, Limited
Mizuho Bank, Ltd.
MUFG Bank, Ltd.
Sumitomo Mitsui Banking Corporation
Development Bank of Japan Inc.
2,500 1.25125% Jan. 10, 2023 Jan. 10, 2031 Unsecured,
non-
guaranteed
Sumitomo Mitsui Trust Bank, Limited
Mizuho Bank, Ltd.
MUFG Bank, Ltd.
Sumitomo Mitsui Banking Corporation
Development Bank of Japan Inc.
9,200 0.56125% Jan. 11, 2022 Jan. 11, 2031 Unsecured,
non-
guaranteed
Shinkin Central Bank
The Norinchukin Bank
1,000 0.91125% Mar. 29, 2024 Mar. 29, 2031 Unsecured,
non-
guaranteed
Sumitomo Mitsui Trust Bank, Limited
Mizuho Bank, Ltd.
MUFG Bank, Ltd.
Sumitomo Mitsui Banking Corporation
Development Bank of Japan Inc.
6,390 0.86750% Jun. 15, 2022 Jun. 15, 2031 Unsecured,
non-
guaranteed
Sumitomo Mitsui Trust Bank, Limited
Mizuho Bank, Ltd.
MUFG Bank, Ltd.
Development Bank of Japan Inc.
Sumitomo Mitsui Banking Corporation
8,050 0.89750% Jun. 15, 2023 Jun. 15, 2031 Unsecured,
non-
guaranteed
Sumitomo Mitsui Trust Bank, Limited
Mizuho Bank, Ltd.
MUFG Bank, Ltd.
Development Bank of Japan Inc.
Sumitomo Mitsui Banking Corporation
6,000 1.10250% Jan. 12, 2024 Jan. 12, 2032 Unsecured,
non-
guaranteed
Sumitomo Mitsui Trust Bank, Limited
Mizuho Bank, Ltd.
MUFG Bank, Ltd.
Sumitomo Mitsui Banking Corporation
Development Bank of Japan Inc.
5,500 1.32250% Jan. 13, 2023 Jan. 13, 2032 Unsecured,
non-
guaranteed
Sumitomo Mitsui Trust Bank, Limited
Mizuho Bank, Ltd.
MUFG Bank, Ltd.
Development Bank of Japan Inc.
Sumitomo Mitsui Banking Corporation
12,000 1.31000% Jun. 17, 2024 Jun. 17, 2032 Unsecured,
non-
guaranteed
Total 238,150 - - - -
(Note 1)The base rate used for the calculation period for interest to be paid on interest payment dates is the 1-month Japanese Yen TIBOR of the Japanese Bankers Association, two business days before the interest payment date immediately preceding each interest payment date. However, if the calculation period is less than a month, the base rate will be the one corresponding to the period that will be calculated based on a method provided for in the agreement.
(Note 2)We will not communicate interest rates to be determined for the borrowings with variable interest rates. To check changes in JBA 1-month yen TIBOR, based on which the basic interest rate will be determined, visit the website of the JBA TIBOR Administration (http://www.jbatibor.or.jp/).
(Note 3)The borrowing has a floating interest rate, but API fixed the interest rate by entering into an Interest Rate Swap Agreement in order to hedge risks arising from fluctuations. Therefore, the interest rate after the swap has taken place (fixation of interest rate) is stated.
(Note 4)If the repayment date falls on a non-business day, then the repayment is to be made on the next available business day. However, if the next available business day is in the next month, then the repayment is to be made on the business day immediately before the repayment date.
(Note 5)Long-term borrowing includes the borrowing to be repaid within a year.
(Note 6)In addition to the borrowings in the table, to secure flexible and stable financing for the future potential acquisition of properties, we have concluded a ¥12 billion commitment line agreement and a ¥ 12 billion credit line (non-commitment basis) agreement on June 10, 2024, and a ¥9 billion commitment line agreement on September 27, 2023, respectively with Sumitomo Mitsui Trust Bank, Ltd., Mizuho Bank, Ltd. and MUFG Bank, Ltd. Hereby, the total amount of commitment line which API established is ¥21 billion and ¥ 12 billion (non-commitment basis).
(Note 7)Corporate loan-related businesses of Mitsubishi UFJ Trust and Banking Corporation has been transferred to MUFG Bank, Ltd. on April 16, 2018. Accordingly, borrowings from Mitsubishi UFJ Trust and Banking Corporation have been changed or added to those from MUFG Bank, Ltd. in the table above.

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