Kirin Holdings to issue social bonds for FANCL acquisition

Kirin Holdings (TSE: 2503) today announced the issuance terms for domestic social bonds aimed at raising funds for the acquisition of FANCL Corporation, which was previously announced in April 2025. The issuance, based on Kirin’s Social Finance Framework, reflects the company's strategic vision to become a global leader in Creating Shared Value (CSV), spanning food & beverages to pharmaceuticals. This move enhances the capital and business alliance formed in 2019, with FANCL becoming a wholly-owned subsidiary in 2024. The social bonds include three tranches: a three-year bond for JPY20.0 billion, a five-year bond for JPY30.0 billion, and a seven-year bond for JPY15.0 billion. In addition, Kirin will also issue a ten-year bond for JPY35.0 billion. The bonds have been rated A+ by Rating and Investment Information, Inc. Proceeds from the social bonds will support FANCL's acquisition. Kirin's strategy aims to integrate domestic and overseas sales channels, strengthen customer relationships, and advance joint research in the health science business.