Japan ESG bond issuance falls 8% in Trump's shadow

Second year of decline also coincides with anticipated interest rate hikes

20250820N Fujifilm Denmark

Fujifilm Holdings is one company that opted to issue only straight bonds instead of ESG offerings so far this year. (Photo by Kohei Yamada)

HIDEAKI HIGASHIURA

TOKYO -- The total value of environmental, social and governance bonds issued by Japanese companies fell 8% on the year to 1.92 trillion yen ($13 billion) for the January-July period, a second straight decline for this time frame.

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