News
- April 04, 2018
- Investment in JGA Optical Submarine Cable
(464KB)
- September 08, 2017
- Investment in UK Rail Infrastructure(620KB)
Characteristics of JII
Characteristic 1
- Assisting infrastructure business globally
- JII contributes to sound and sustainable growth of society by supporting our customers' efforts to deploy their high-quality products and cutting-edge technologies globally.
JII invests in infrastructure projects and asset holding vehicles overseas which Japanese manufacturers and engineering companies are involved in.
Characteristic 2
- Strong risk-taking capability
with financial expertise - JII plays important role including (1) ensuring feasibility of the projects through evaluating the schemes and financial models and (2) facilitating the deal process.
In addition to greenfield projects, JII considers brownfield projects provided it fits JII’s investment criteria.
Characteristic 3
- Always adjacent to our customer
- Dedicated investment team with professional skills and diverse backgrounds assesses financial solutions together with the customers.
Solutions
Asset based finance
Types of products：Distributed power generation asset, advanced medical equipment, IT equipment, construction machinery, etc.
- POINT
- Manufacturers sell/deliver equipment to their clients via SPC established by JII.
- POINT
- O&M services are provided by the manufacturers or their group companies / partner companies.
- Expected
Benefits -
- ・Strengthen O&M businesses of the manufacturers
- ・Improvement of cash cycle
- ・Enable manufacturers and customers (end users) to pursue asset-light business model
Infrastructure Projects
Types of products：Railway, power generation/transmission, water/sewage, waste etc.
- POINT
- JII supports financing of infrastructure projects through equity/mezzanine investment.
- Expected
Benefits -
- ・Diversification of funding sources
- ・Improvement of equity IRR with mezzanine finance
Investment Policy
- Concept
-
- ・JII supports Japanese manufacturers and engineering companies deploying their high-quality products and cutting-edge technologies worldwide.
- ・Endeavors to accumulate the total invested asset up to JPY100 billion in the future.
- Types of
Investment -
- ・Equity/ Preferred Stock / Subordinated Loan for infrastructure projects or asset holding vehicles.
- Sizes of
Investment -
- ・Target: JPY3-5 billion per transaction.
- ・Negotiable for investments smaller (JPY1 billion or more) and larger (up to JPY10 billion) than the target size.
- Currencies
-
- ・USD / EUR / GBP / JPY etc.
- Target Sectors
-
- ・All infrastructure related sectors.
- ・Main target sectors include but not limited to power, transport, water, healthcare, IT.
- Countries/
Areas -
- ・Global
- Holding Period
-
- ・Flexible, albeit it depends on the type of investment.
- ・JII may divest its investments after projects have reached stable operation stage.
Investment Process
JII makes investment decision through the process outlined below, and ensures adequate decision making and project feasibility.
Message from CEO
Currently, an enormous amount of funding requirement lies in the infrastructure industry worldwide in the areas such as energy, transport, ICT, or water. To address such a growing funding gap, effectiveness and efficiency throughout the life of infrastructure is drawing more attention. Furthermore, due to changes in society such as rapidly aging community or improvement of living standard in emerging economies, people’s needs for infrastructure are becoming diverse and complex. Such unique circumstances, however, are creating more opportunities for Japan’s high-quality products and cutting-edge technologies.
On January 4th, 2017, Japan Infrastructure Initiative Company Limited ("JII") was established by Hitachi Capital Corporation, Mitsubishi UFJ Lease & Finance Co., Ltd. and MUFG Bank, Ltd., with the aim of supporting Japan’s manufacturers, engineering companies, and etc., on a global basis.
To achieve this objective, JII will act not only by providing risk capital including equity and mezzanine financing to the infrastructure projects, but work closely with business partners from early stages of the projects. JII also wishes to operate as an “Open Financial Platform” for various parties concerned, and work towards delivering Japan’s innovative products and technologies to the world.
President & CEO
Naoki Nishida
Company Overview
| Company Name | Japan Infrastructure Initiative Company Limited |
|---|---|
| Address | 10F Meiji Yasuda Life Building, 2-1-1, Marunouchi, Chiyoda-ku, Tokyo, 100-0005 Japan |
| Foundation | January 4, 2017 |
| Paid in Capital | JPY20 Billion |
| Shareholders | Hitachi Capital Corporation 47.55% Mitsubishi UFJ Lease & Finance Co., Ltd. 47.55% MUFG Bank, Ltd. 4.90% |
| Number of Employees | 21 (Full time) (as of April 1, 2018) |
| President & CEO | Naoki Nishida |
| Organization Structure |  |
- Phone
- +81-3-6865-7460
- Access
- ・5 minutes walk from Marunouchi South Exit of JR Tokyo Station
・Direct access at Exit 3 of Nijubashi-mae Station of Chiyoda Subway Line
・5 minutes walk from International Forum Exit of JR Yurakucho Station