Board of Directors Resigned Industrial Innovation Investment Organization to resume activities for the first time in a year with new structure December 10 20:04

The government made a problem of the president's remuneration exceeding 100 million yen per year, so the public-private fund that the directors resigned all at once and the Industrial Innovation Investment Organization launched a new management system on the 10th, Will be resumed.

The Industrial Innovation Investment Organization, a public-private fund, opened a new management system on October 10th by holding an extraordinary general meeting of shareholders and a board of directors.

Mr. Keisuke Yokoo, the former president of Mizuho Securities, has assumed the position of president, and Mr. Sadayuki Sugawara, honorary chairman of Keidanren, will join the outside director as chairman of the Industrial Innovation Investment Committee to check the status of investment activities.

Mr. Yokoo, the president of the press conference, said his enthusiasm, “I would like to invest in drug discovery and other fields where the private sector alone cannot provide sufficient risk money to nurture the next generation of companies.”

The Industrial Innovation Investment Organization rebelled against the problem that the government paid the president's remuneration exceeding 100 million yen per year, and in December last year, 9 out of 11 directors resigned. It was.

The original activity will be resumed in about a year, but it will be a challenge to rebuild Japan Display, a liquid crystal panel manufacturer supported by INCJ, a subsidiary.