Press Release
October 28, 2022
- Regional Decarbonization
Inaugural General Meeting and Establishment of the Japan Green Investment Corp. for Carbon Neutrality (JICN)
1. The inaugural general meeting of the Japan Green Investment Corp. for Carbon Neutrality
(JICN) was held on October 28, 2022, attended by representatives from 79 out of 82 shareholding
companies, and relevant ministries and agencies including the Ministry of the Environment
(MOE), Japan, the ministry in charge, and the Ministry of the Finance, Japan, one of the
shareholders. Following the general meeting, an application was lodged to register the JICN’s
establishment as a company, establishing the organization.
2. The capital of the organization at establishment is 20.4 billion yen (10.2 billion yen in industrial
investment by the government (Fiscal Investment and Loan Program [FILP]) and 10.2 billion yen
from 82 private sector companies). The government dedicates up to 20 billion yen including the
above 10.2 billion yen to JICN in FY2022 and will contribute up to 40 billion yen in FY2023
(MOE Japan requesting FILP).
3. The members of the board were finalized in meetings including a board meeting held after the
general meeting.
TAYOSHI Yoshihiko: Representative Member of the Board, President & CEO
*Member of Investment Committee
UEDA Yoshinori: Member of the Board, Senior Managing Executive Officer (Chief Investment
Officer (CIO))
NAGASHIMA Tetsuya: Member of the Board, Managing Executive Officer
(in charge of Corporate Strategy)
ARAI Yoshiaki: Member of the Board *Chairman of Investment Committee
OHUCHI Chieko: Member of the Board *Member of Investment Committee
OZEKI Tamane: Member of the Board *Member of Investment Committee
MUTO Megumi: Member of the Board *Member of Investment Committee
NOGUCHI Mayumi: Auditor
4. JICN is a corporation that operates a fund business with capital from the government's FILP
and private-sector investment (totaling 20.4 billion yen at the time of its establishment). JICN
aims to provide investments and loans (risk money supply) to projects that contribute to
decarbonization, and to attract large amounts of private ESG.
Attachment: Details of the Inaugural General Meeting and Establishment of the Japan Green
Investment Corp. for Carbon Neutrality (JICN)
(JICN) was held on October 28, 2022, attended by representatives from 79 out of 82 shareholding
companies, and relevant ministries and agencies including the Ministry of the Environment
(MOE), Japan, the ministry in charge, and the Ministry of the Finance, Japan, one of the
shareholders. Following the general meeting, an application was lodged to register the JICN’s
establishment as a company, establishing the organization.
2. The capital of the organization at establishment is 20.4 billion yen (10.2 billion yen in industrial
investment by the government (Fiscal Investment and Loan Program [FILP]) and 10.2 billion yen
from 82 private sector companies). The government dedicates up to 20 billion yen including the
above 10.2 billion yen to JICN in FY2022 and will contribute up to 40 billion yen in FY2023
(MOE Japan requesting FILP).
3. The members of the board were finalized in meetings including a board meeting held after the
general meeting.
TAYOSHI Yoshihiko: Representative Member of the Board, President & CEO
*Member of Investment Committee
UEDA Yoshinori: Member of the Board, Senior Managing Executive Officer (Chief Investment
Officer (CIO))
NAGASHIMA Tetsuya: Member of the Board, Managing Executive Officer
(in charge of Corporate Strategy)
ARAI Yoshiaki: Member of the Board *Chairman of Investment Committee
OHUCHI Chieko: Member of the Board *Member of Investment Committee
OZEKI Tamane: Member of the Board *Member of Investment Committee
MUTO Megumi: Member of the Board *Member of Investment Committee
NOGUCHI Mayumi: Auditor
4. JICN is a corporation that operates a fund business with capital from the government's FILP
and private-sector investment (totaling 20.4 billion yen at the time of its establishment). JICN
aims to provide investments and loans (risk money supply) to projects that contribute to
decarbonization, and to attract large amounts of private ESG.
Attachment: Details of the Inaugural General Meeting and Establishment of the Japan Green
Investment Corp. for Carbon Neutrality (JICN)
