Akira Minakuchi

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.

NSCore, Inc. manufactures macro memories for system on chip (SoC) applications. It offers a complete package of licenses, design parameters, macro databases, and foundry of NVM technology. The firm’s products encompass PermSRAM, a one-time NVM solution; TwinBit, a multi-time NVM solution; and PolarBit, a multi-time Mbit NVM solution. The company was founded on September 13, 2004 and is headquartered in Fukuoka, Japan.

CerebrEX, Inc. designs and manufactures semiconductors. It develops display technologies for the flat panel display market. The firm's products encompass display controller, PM LSI, backlight LED drivers and controllers relating to display, and IP and macrocells. The company was founded on June 27, 2012 and is headquartered in Osaka, Japan.