DBJ's History
Introducing the history of DBJ.
The Japan Development Bank, the Hokkaido-Tohoku Development Finance Public Corporation, and the Development Bank of Japan
1951 | April | The Japan Development Bank (JDB) established |
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1952 | JDB branches opened in Osaka (now the Kansai Branch), Sapporo (now the Hokkaido Branch), Nagoya (now the Tokai Branch), and Fukuoka (now the Kyushu Branch) | |
1956 | June | The Hokkaido Development Finance Public Corporation established |
1957 | April | The Hokkaido Development Finance Public Corporation, reorganized as the Hokkaido-Tohoku Development Finance Public Corporation (HTDFP) branches, opened in Sapporo (now the Hokkaido Branch) and Sendai (now the Tohoku Branch) |
1960 | JDB branch opened in Takamatsu (now the Shikoku Branch) | |
1961 | JDB branches opened in Hiroshima (now the Chugoku Branch) and Kanazawa (now the Hokuriku Branch) | |
1962 | April | JDB representative office opened in New York |
1963 | JDB representative offices opened in Kagoshima (renamed Minami-Kyushu Branch in October 1999) and Matsue | |
1964 | July | JDB representative office opened in London |
1972 | January | HTDFP representative office opened in Niigata (renamed Niigata Branch in July 1989) |
1985 | June | The Japan Development Bank Law revised 1) Investment function (pertaining to business in such areas as research and development, urban development, and energy use stipulated by government ordinance) added 2) R&D fund investment function added |
1987 | September | Low interest rate loan system funded partially by sale of NTT shares created by JDB and HTDFP |
1989 | JDB representative offices opened in Oita, Matsuyama, Okayama, and Toyama HTDFP representative offices opened in Hakodate and Aomori |
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1995 | February | JDB loans to assist disaster recovery commenced |
1997 | September | Bill entitled “Pertaining to Consolidation and Rationalization of Special-Purpose Companies, etc.” approved by the Cabinet (decision dissolving JDB and HTDFP and consolidating them as a new bank approved) |
1998 | December | JDB and HTDFP loans in response to changes in the financial environment commenced (March 31, 2001, sunset clause introduced) |
1999 | June | The Development Bank of Japan Law (Law No. 73 of 1999) approved |
October | All rights and responsibilities of JDB and HTDFP and all financing operations of Japan Regional Development Corporation and Japan Environment Corporation transferred to the Development Bank of Japan DBJ representative offices opened in Kushiro and Singapore |
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2002 | May | The Development Bank of Japan Law revised (additional spot inspections by the Financial Services Agency introduced) |
2005 | December | Important Policy of Administrative Reform approved by the Cabinet |
2006 | May | The Act on Promotion of Administrative Reform for Realization of Small and Efficient Government (Act No. 47 of 2006) approved |
June | Policy-Based Financing Reform Plan decided upon by DBJ head office for the Implementation of Policy Finance Reform | |
2007 | June | The Development Bank of Japan Inc. Act (Act No. 85 of 2007) approved |
Development Bank of Japan Inc.
2008 | October | Development Bank of Japan Inc. (DBJ) established (Capital: ¥1 trillion) Crisis Response Operations begun by DBJ as a designated financial institution |
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December | DBJ Singapore Limited launched | |
2009 | June | Act for Partial Amendment of the Development Bank of Japan Inc. Act (Act No. 67 of 2009) approved |
September | Capital increased to ¥1,103,232 million | |
November | DBJ Europe Limited launched | |
2010 | March | Capital increased to ¥1,181,194 million |
2011 | May | The Development Bank of Japan Inc. Act partially amended based on establishment of the Act for Extraordinary Expenditure and Assistance to Cope with the Great East Japan Earthquake (Act No. 40 of 2011) |
December | Capital increased to ¥1,187,364 million | |
2012 | March | Capital increased to ¥1,187,788 million |
June | Capital increased to ¥1,198,316 million | |
December | Capital increased to ¥1,206,953 million | |
2014 | June | DBJ Investment Consulting (Beijing) Co., Ltd. (formerly Japan Asia Investment Consulting (Beijing) Co., Ltd.) converted to wholly owned subsidiary |
2015 | May | Act for Partial Amendment of the Development Bank of Japan Inc. Act (Act No. 23 of 2015) approved Special Investment Operations started Advisory Board positioned as an advisory body to the Board of Directors Special Investment Operations Monitoring Board established |
August | Capital reduced by ¥206,529 million, and crisis response reserve increased by the same amount | |
2018 | October | DBJ Americas Inc. launched |
2020 | May | Act for Partial Amendment of the Development Bank of Japan Inc. Act (Act No. 29 of 2020) approved |