To whom it may concern:
January 4, 2017
Company Name: Hitachi Capital Corporation Representative: Seiji Kawabe, President & CEO
(Securities Code: 8586) Company Name: Mitsubishi UFJ Lease & Finance Company Limited Representative: Tadashi Shiraishi, President & CEO
(Securities Code: 8593) Company Name: The Bank of Tokyo-Mitsubishi UFJ, Ltd. Representative: Takashi Oyamada, President & CEO
Announcement of the Incorporation the Open Financial Platform to Provide Support for the Japanese Infrastructure Industry
Hitachi Capital Corporation, Mitsubishi UFJ Lease & Finance Company Limited and The Bank of Tokyo-Mitsubishi UFJ, Ltd. hereby announce that have incorporated Japan Infrastructure Initiative Kabushiki Kaisha (English name: Japan Infrastructure Initiative Company Limited) as the open financial platform to provide financial support for export of the Japanese infrastructure industry that announced on December 1, 2016, Today.
Profile of the new company (Japan Infrastructure Initiative Kabushiki Kaisha)
(1) | Name | Japan Infrastructure Initiative Kabushiki Kaisha English name: Japan Infrastructure Initiative Company Limited | |
(2) | Address | 2-1-1, Marunouchi, Chiyoda-ku, Tokyo | |
(3) | Representative title, name | President & CEO Naoki Nishida | |
(4) | Business description | Providing funds, including equity or mezzanine financing, and other services for infrastructure projects, mainly to Japanese equipment manufacturers, engineering companies, or the like | |
(5) | Amounts of Capital and others | ¥20,000 MM (¥10,000 MM in Capital and ¥10,000 MM in Capital Reserve) | |
(6) | Founded | January 4, 2017 | |
(7) | Capital contribution ratio | Hitachi Capital Corporation | 47.55% |
Mitsubishi UFJ Lease & Finance Company Limited | 47.55% | ||
The Bank of Tokyo-Mitsubishi UFJ, Ltd. | 4.9% |
* The release dated December 1, 2016
"Announcement of the Decision to Incorporate the Open Financial Platform to Provide Support for the Japanese Infrastructure Industry"
http://www.hitachi-capital.co.jp/hcc/ir/pdf/20161201eng.pdf
End
Hitachi Capital Corporation published this content on 04 January 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 04 January 2017 04:07:09 UTC.
Original documenthttp://www.hitachi-capital.co.jp/hcc/english/newsrelease/2017/20170104english.pdf
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