Kawasaki Steel Corporation: Construction of Chiba Steelworks (Chiba Prefecture)
(currently JFE Steel Corporation)
Modernization of steelmaking through construction of the first postwar blast furnace
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DBJ's history
1. Reconstruction and independence of the economy (1951-1955)
In 1951, Japan Development Bank was established following a post-reconstruction finance development public corporation model. Japan Development Bank commenced accommodation loans to facilitate the development of power supply, which forms the basis of the economy and industry, and the rationalization, modernization and cultivation of coal, steel, marine transportation and other major industries.
Reconstruction of the industrial infrastructure and major industries
Toyota Motor Corporation: Modernization of facilities through procurement of imported machinery (Aichi Prefecture)
Modernization of the domestic automobile industry through refurbishment of production facilities
Taiheiyo Coal Mining Co., Ltd.: Kushiro Coal Mine (Hokkaido)
Increased coal production for domestically produced energy
Kyushu Electric Power Co., Ltd.: Kamishiiba Hydroelectric Power Station (Miyazaki Prefecture)
Increased electric power as the basic energy for society and industry
2. High-growth infrastructure development (1956-1965)
Aiming for further industrial growth and balanced interregional development, Japan Development Bank improved and reinforced the industrial base and cultivated and modernized the new industries that powered new economic expansion, such as chemical fibers, machine tools and petrochemicals. In addition, we provided loans for local development to correct regional disparities.
In 1957, the Hokkaido Development Finance Public Corporation restructured to establish the Hokkaido-Tohoku Development Finance Public Corporation and commenced investment and financing to promote industry in these two regions of northern Japan.
Improvement and reinforcement of the industrial base
Kawasaki Kisen Kaisha, Ltd.: The Tonegawa Maru tanker
Maintained the tanker, which was indispensable for import of energy and raw materials
| Other examples: | Japan Atomic Power Company, Tokai Power Station |
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Strengthening of industrial quality and international competitiveness
Asahi Chemical Industry Co., Ltd. (currently Asahi Kasei Corporation): Construction of the Fuji Plant for production of Cashmilon? acrylic staple fiber (Shizuoka Prefecture)
Promotion of the synthetic fiber industry
| Other examples： | Japan Electronic Computer Company, promotion of domestically produced computers Nippondenso Co., Ltd. (currently DENSO Corporation), rationalization of manufacturing facilities for automotive parts Hitachi Seiki Co., Ltd., machine tools |
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Balanced interregional development-support for regional development
Yoshida Kogyo Co., Ltd. (currently YKK Corporation), Kurobe Factory
Promotion of local industry
| Other examples： | Keisei Electric Railway Co., Ltd., access construction for the subway Asakusa Line Keisei Electric Railway Co., Ltd., access construction for the subway Asakusa Line |
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3. Development of international competitiveness and social development loans (1966-1971)
Aiming to hone international competitiveness in accord with the transition to an open economic system, Japan Development Bank focused on support for industrial system improvements and independent technological development.
We also emphasized social development through regional development, urban redevelopment, logistics modernization, pollution prevention and other measures in a bid to relieve the problems of high-level growth.
Improvement and reinforcement of the industrial base
Nippon Mining Co., Ltd. (currently Japan Energy Corporation): Mizushima Refinery (Okayama Prefecture)
Cultivation of domestic oil companies
| Other examples： | Mitsui O.S.K. Lines, Ltd., container vessels |
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Strengthening international competitiveness and promoting technological development
Sony Corporation: Trinitron color television factory
Promotion of home-grown technologies through commercial application of new technologies
| Other examples： | Nissan Motor Co., Ltd., production facilities for passenger vehicles Toa Domestic Airlines (currently Japan Airlines Corporation), procurement of YS-11 aircraft |
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Balanced interregional development?support for regional development
NEC Kyushu, Ltd.: Kumamoto Factory (Kumamoto Prefecture)
Regional promotion through construction of integrated circuit plants
| Other examples： | Tateyama Kurobe Kanko Co., Ltd., Tateyama Ropeway Utaka Kokudo Ferry Co., Ltd., introduction of ferry services |
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Urban redevelopment and functional improvements
Kinki Nippon Railway Co., Ltd.: Urban access (Osaka Prefecture)
Improvements to metropolitan area traffic networks
| Other examples： | Tokyo Ryutsu Center Inc., construction of wholesale center building |
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Promotion of antipollution measures
Sumitomo Metal Industries, Ltd.: Flue gas desulfurization facilities (Ibaraki Prefecture)
Promotion of antipollution measures for the steel industry
- Reconstruction and independence of the economy (1951-1955)
- High-growth infrastructure development (1956-1965)
- Development of international competitiveness and social development loans (1966-1971)
- Improvements to quality of life and stable supply of energy (1972-1984)
- Development of lifestyle and social infrastructure and a smooth industrial transformation (1985-1995)
- Creation of a vibrant and affluent society and stable economic society (1996-1999)
- Establishment of the Development Bank of Japan and “community development, environmental conservation and sustainable societies, and creation of new technologies and industries” (1999-2008)
