News News

(Press Release)

March 2, 2026
NTT TC Leasing Co.,Ltd.
Daiwa Securities Co., Ltd.
Mitsubishi UFJ Morgan Stanley Securities Co., Ltd.
Progmat, Inc.

Issuance of the Second Security Token Bond (Sustainability Bond)

NTT TC Leasing Co.,Ltd. (President Director: Akihiro Naruse, hereinafter referred to as "NTT TC Leasing") is pleased to announce that it issued its second series of security token bonds (sustainability bonds) (hereinafter referred to as the "Security Token Bonds") through private placement on February 27, 2026.

1. Background and purpose of issuing this security token bond

NTT TC Leasing believes its mission and responsibility is to "create new value and resolve social issues through financial services, thereby contributing to the realization of a safe, secure, and sustainable society," and is promoting and developing sustainability activities. The funds raised through this security token bond will be allocated to the following eligible projects listed in the Sustainability Finance Framework published by NTT TC Leasing on December 16, 2025.

[Green Project]

• Acquisition of new air conditioning equipment for public school classrooms as a measure against extreme heat

[Social Project]

• Acquisition of medical equipment, assistive devices, and medical information systems
• Acquisition of facilities that can function as evacuation shelters in the event of a disaster
• Acquisition of new air conditioning equipment for public school gymnasiums

NTT TC Leasing issued its first security token bond in fiscal year 2024, with the aim of contributing to the expansion of the security token bond market and diversifying fundraising methods. The security token bond market continues to expand, primarily for products aimed at individual investors, and further expansion is expected for products aimed at institutional investors as well.

We believe that this security token bond will further promote the expansion of the security token bond market for institutional investors by "fostering a market through continuous issuance," "structuring a new product called sustainability bonds," and "adapting to the joint lead management structure."

We will continue to work to expand the security token bond market and promote sustainability activities through continued issuance and deepening our efforts.

2. Overview of the Security Token Bonds

In order to issue these security token bonds, NTT TC Leasing, Daiwa Securities Co., Ltd. (President Director: Akihiko Ogino, hereinafter referred to as "Daiwa Securities"), Mitsubishi UFJ Morgan Stanley Securities Co., Ltd. (Director CEO: Makoto Kobayashi, hereinafter referred to as "Mitsubishi UFJ Morgan Stanley Securities"), Mizuho Bank, Ltd. (Director: Katsuhiko Kato, hereinafter referred to as "Mizuho Bank"), Mitsubishi UFJ Trust and Banking Corporation (Director CEO: Hiroshi Kubota, hereinafter referred to as "Mitsubishi UFJ Trust and Banking"), and Progmat, Inc. (Representative Director: Tatsuya Saito, hereinafter referred to as "Progmat") are collaborating.

In addition, the issuance of these security token bonds utilizes "Progmat," a general digital asset issuance and management platform licensed by Progmat.

Brand name	NTT TC Leasing Co.,Ltd. 2nd Unsecured Security Token Bonds (Limited to equal priority among corporate bonds and transfer restrictions, limited to qualified institutional investors, limited to division, small-scale private placement) (Sustainability Bond)
Issue date	February 27, 2026
Issue period	5 years
Issue amount	12 billion yen
Lead Manager	Daiwa Securities Co., Ltd. Mitsubishi UFJ Morgan Stanley Securities Co., Ltd.
Acquisition rating	AA+ (Rating Investment Information, Inc.) AAA (Japan Credit Rating Agency, Ltd.)
Financial Agent	Mizuho Bank Ltd.
Bond Registry Administrator	Mitsubishi UFJ Trust and Banking Corporation
Platform	Progmat (SaaS)
Digital Structuring Agent *1	Daiwa Securities Co., Ltd.
Sustainability Bond Structuring Agent *2	Mitsubishi UFJ Morgan Stanley Securities Co., Ltd.

• *1 A person who supports issuance by formulating a digital bond scheme and leading the sale to investors and providing advice on necessary documentation.
• *2 An entity that provides support for issuance through advice on formulating a sustainability bond framework and obtaining third-party evaluations.

(Note) This announcement is a public announcement regarding the issuance of the Security Token Bonds and has not been prepared for the purpose of soliciting investment in the Security Token Bonds.

that's all

Appendix. Other collaborating companies' initiatives

Daiwa Securities Group is actively working on security tokens and blockchain technology, positioning them as key technologies, in order to realize its medium-term management plan, "Passion for the Best 2026." Since commercializing real estate security tokens in February 2022, Daiwa Securities has underwritten and offered 112.6 billion yen in real estate security tokens and security token bonds, and as of February 27, 2026, Daiwa Securities holds the top share in Japan.

As a pioneer in the financial and capital markets, Daiwa Securities Group will continue to utilize cutting-edge technologies such as blockchain to provide issuers with a variety of fundraising methods through security tokenization and investors with attractive investment opportunities through security tokens, thereby delivering new value to society.

Mitsubishi UFJ Morgan Stanley Securities is building an underwriting and sales system for digital assets and promoting the digital securitization of real estate and corporate bonds. Through the handling of financial products including these security token bonds, we will continue to contribute to the further development of Japan's digital financial market.

Mizuho Bank, as a leading bank in the public bond trustee business, has been leading the development of bond management and fund settlement practices for security token bonds by utilizing its many years of experience. Through this security token bond, we hope to further contribute to the revitalization and development of the security token bond market.

This security token bond is the second security token bond for institutional investors using "Progmat" by Progmat, a company in which NTT Data Corporation is one of its shareholders. Progmat is a frontrunner in the digital asset field, leading the market and boasting the highest transaction volume in Japan for publicly announced security token deals, with 45 deals totaling 228.9 billion yen. Leveraging the know-how gained from issuing these security token bonds, Progmat will promote the further development of Japan's security token market.

About "Progmat"

We have published a website and explanatory articles, so please see them at the following URL.

• Website:
  https://progmat.co.jp/
• Commentary:
  https://note.com/tatsu_s123/n/n03a291fa52ab

<Inquiries regarding this matter>
NTT TC Leasing Co.,Ltd.
Corporate Strategy Planning Department Strategy Planning Division, Public Relations and Sustainability
TEL:03-6455-8538
mail：kouhou-ml@ntt-tc-lease.com