DBJ and WP Fund Acquire Teibow Co., Ltd.

Development Bank of Japan Inc. (the ”DBJ”, Minoru Murofushi, President and CEO) has joined with WP1 Investment Limited Partnership (the “WP Fund”) in acquiring all shares in Teibow Co., Ltd. , a maker of marking pen nibs headquartered in Hamamatsu-shi, Shizuoka-ken (the ”Teibow”, Hidetoshi Matsumoto, President and CEO). WP Fund is managed by WISE PARTNERS, INC., a private equity firm headquartered in Chiyoda-ku, Tokyo (Tomohiro Nakano, Representative Director & Founding Partner).

Teibow was founded in 1896 as Teikoku Seibo Company, Ltd., a maker of top-quality felt hats. In 1957 the company drew on its felt-processing technologies to launch into the production of felt tips for marking pens, where it now leads the world in market share.

For DBJ and WP Fund, acquiring Teibow is a means of helping the global leader in marking pen nibs to further strengthen its operating base at a time of promising market growth. With access to new domestic and global networks and a wealth of managerial resources, Teibow will be favorably positioned for mid-to-long-term growth.

DBJ is pleased to put its financial expertise to work in supporting Japan’s manufacturing tradition. Our corporate philosophy says it best: “Designing the future through innovative finance ? Using creative financing techniques to resolve customer issues, DBJ will work with our customers to earn their trust and build a prosperous future.”


For further information, please call:
Growth and Cross-border Investment Group
03-3244-1140