Approval of the Act for Partial Amendment ofthe Development Bank of Japan Inc. Act

The Act for Partial Amendment of the Development Bank of Japan Inc. Act has been passed into law today by the National Diet of Japan in its ongoing 189th ordinary session.

The new Act states that in conjunction with its full privatization, and taking into consideration the current business environment in the private financial sector, DBJ, utilizing its investment and loan functions, is to take measures necessary for implementing the Crisis Response Operations and supply of growth capital?that is, DBJ is to take all possible measures to supply funds to deal with large-scale disasters, economic crises and so forth; and to promote the supply of growth capital to revitalize regional economies and to reinforce the competitiveness of enterprises.

Taking into consideration the intentions of the amendment of the Development Bank of Japan Inc. Act, DBJ will , from a long-term perspective and based on the Third Medium-term Management Plan, continue to address challenges facing Japan by providing adequate risk capital and distinctive knowledge to support Japan’s sustained growth through forming a smoothly functioning financial market together with diverse financial players, supporting the opening up of new business frontiers, and ensuring the viability of communities confronting low birth rates and the rapidly increasing ranks of the elderly and so forth.

(Note) Please refer to the link below: the Press Release of February 20, 2015.
http://www.dbj.jp/en/topics/dbj_news/2014/html/0000018757.html

*) Reference: The outline of the Third Medium-term Management Plan
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