Japanese seafood giant Maruha Nichiro is issuing the country's first blue bond, a financing vehicle focused on marine and ocean-related projects and businesses.

The company has not yet decided how much the issue will be for and how it will be used, but has plans to obtain third-party evaluation of its conformity with international principles and guidelines.

'For more than 140 years since its establishment, the company has benefited from natural capital such as marine resources," said a Maruha Nichiro spokesperson.