Another issuer, GLP J-Reit, has a performance target coming up in December.
Scrutiny of environmental progress at Japanese businesses is rising as assessment dates loom for sustainability-linked bonds that have been issued by many companies.
Fuyo General Lease Co. is one such firm. The auto and airline leasing company will measure its progress in meeting targets on its sustainability bonds at the end of July, and if it misses a key metric it may have to pay a higher coupon.
