Takeshi Sekine

Nihon Inter Electronics Corp. engages in the manufacture and sale of semiconductors products. Its operations are carried out through the following divisions: Consumer Products, Industrial Products, and Merchandise. The Consumer Products division includes schottky barrier diodes (SBD), fast recovery epitaxial diodes (FRED), and low power general rectifiers. The Industrial Products division includes medium and high power general rectifier diodes, thyristors, power modules, stack, and low power general rectifiers. The Merchandise division includes active type liquid crystal device, photoelectric conversion elements, and assembly parts. The company was founded on August 21, 1957 and is headquartered in Hadano, Japan.

The Innovation Network Corporation of Japan (INCJ), a unique public-private partnership aimed at promoting innovation and enhancing the value of businesses in Japan, was launched in July 2009. Leveraging the rich history of Japanese technological prowess, the INCJ aims to provide financial, technological and management support in order to promote the creation of next-generation businesses through 'open innovation,' or the flow of technology and expertise beyond the boundaries of existing organizational structures. The INCJ will draw on funding as well as management and technological expertise from the public and private sectors. The INCJ is actively reviewing various investment opportunities in areas of environment and energy, electronics and IT, bio-tech, and infrastructure such as water supply, railway service, and nuclear power supply. Each investment will be thoroughly vetted to ensure it meets the exacting standards of the INCJ's Innovation Network Committee, which will make the final investment decisions. The INCJ is capitalized at 92 billion yen, with the Japanese government injecting 82 billion yen and 19 private corporations (refer to details in Appendix below) providing a further 10 billion yen. The government will also provide guarantees up to a total of 800 billion yen for INCJ investments, giving it an investment capability of approximately 900 billion yen (US$10 billion). The INCJ will be established for a period of 15 years.