First Loan Agreement Utilizing Sustainable Finance Master Framework (March 2026 Revised Version)

Tokyo, March 19, 2026 — Kawasaki Heavy Industries, Ltd. announced it has today signed a transition loan agreement with The Joyo Bank, Ltd., utilizing its Master Framework (March 2026 Revised Version)*¹. This is the first project to utilize the master framework revised on March 16, 2026. The funds raised are scheduled to be allocated to the Project on Clean Hydrogen Transportation and Storage*², and the agreement complies with the Transition Loan Principles (Open Draft) published by the Loan Market Association (LMA)*³ last fall.

Sustainable finance is a financial approach designed to address social challenges such as climate change, destruction of the environment, and human rights issues, and to build a sustainable society. Specifically, it aims to facilitate the transition to a sustainable society through investments in renewable energy, decarbonization projects, and the provision of funding for businesses tackling social challenges.

Kawasaki established its Group Vision 2030: Trustworthy Solutions for the Future to describe what the Kawasaki Group envisions becoming in 2030. In order to provide solutions for social issues, the Group is focusing on three fields: A Safe and Secure Remotely-Connected Society; Near-Future Mobility; and Energy and Environmental Solutions. To achieve the Group Vision 2030, the use of sustainable finance—a long-term funding method—is essential. Kawasaki has established the proportion of sustainable finance within long-term interest-bearing debt (long-term loans and corporate bonds) as a KPI, setting targets of 50% by 2030 and 100% by 2050. In the five years since Kawasaki started raising sustainable finance in FY2021, that figure has risen to 41%, leaving just 9 percentage points remaining to reach the 2030 target of 50%.

Kawasaki will continue to accelerate its sustainability management initiatives and strive to strengthen engagement with stakeholders, thereby contributing to the achievement of the SDGs and the realization of a sustainable society.

Reference Sites

Kawasaki’s Revised Sustainable Finance Master Framework Includes World’s First Sales Accelerator Framework (March 16, 2026)

https://global.kawasaki.com/en/corp/newsroom/news/detail/?f=20260316_3698

Sustainable Finance Initiatives

https://global.kawasaki.com/en/corp/ir/finance/index.html

Kawasaki Group Vision 2030

https://global.kawasaki.com/en/groupvision2030/