Development Bank of Japan

Sumitomo Rubber Obtains Highest Environmental Rating From DBJ

Sumitomo Rubber Industries Ltd. (TYO:5110) recently announced that it has obtained the highest rating under the Development Bank of Japan Inc.’s (DBJ) Environmentally Rated Loan Program. The program uses a screening system developed by the DBJ to evaluate companies on their environmental management. Companies with excellent environmental ratings are selected to receive special loan conditions based on their rating. Sumitomo...

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Kinugawa Rubber to Accept Takeover Bid by Development Bank of Japan

Kinugawa Rubber Industrial Co. Ltd. (TYO:5196) will accept a takeover bid (TOB) from the Development Bank of Japan, Inc. (DBJ). For this deal, the DBJ has concluded separate agreements with Kinugawa Rubber Industrial’s largest shareholder, Nissan Motor Co. Ltd. (TYO:7201; stake of 20.25 percent), and second largest shareholder, Toyo Tire & Rubber Co. Ltd. (TYO:5105; stake of 11.89 percent), to...

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