Japan-Bangladesh Chamber of Commerce and Industry

Report of Activities for April 2019 - June 2020 Audited Financial Report for April 2019 - March 2020 Audited Financial Report for April 2020 - June 2020

JAPAN-BANGLADESH CHAMBER OF COMMERCE AND INDUSTRY Report of Activities for April 2019 - June 2020 Audited Financial Report for April 2019 - March 2020 Audited Financial Report for April 2020 - June 2020

Address: House # 30, Flat # 3B (3rd Floor), Road # 18, Banani, Dhaka-1213. Tel: +880-55034006, Mob: +8801785085697,+8801717305048, +8801637665852 E-mail: [email protected], [email protected], Web: www.jbcci-bd.com Editorial Board

Masud Karim Director

Tareq Rafi Bhuiyan (Jun) Director & Secretary General

Dr. AKM Moazzem Hussain Honorary Executive Director

Name of Publication : Activities & Financial Report of JBCCI (April 2019 - June 2020) Date of Publication : 30 September, 2020, Dhaka, Bangladesh

Published by: Japan-Bangladesh Chamber of Commerce and Industry Table of Contents

Message of the President of JBCCI 4

List of the Board of Directors of JBCCI 5

List of the Standing Committees of JBCCI 7

JBCCI at a Glance 9

Report of Activities for April 2019 - June 2020 11

Audited Financial Report for April 2019 - March 2020 33

Audited Financial Report for April 2020 - June 2020 48

List of JBCCI Members 63 Message from the President

It’s my honor to share with you this ac�vi�es report along with the Audited Financial Report of JBCCI for 1st April, 2019 - 30th June, 2020.

JBCCI scheduled to hold the Elec�on of the Board of Directors and the AGM in September 2020, despite all our prepara�on we are unable to do this due to the circular issued by Ministry of Commerce direc�ng all Chambers and Associa�ons to postpone their Elec�on of the Board of Directors/Execu�ve Commi�ee and Annual General Mee�ng (AGM) un�l December 2020 due to Covid-19 situa�on. In view of this, JBCCI has no other way but to postpone the under prepara�on Elec�on of the Board of Directors for �me being. The Elec�on Board of JBCCI will issue a formal no�ce to this eﬀect as soon as we get government approval.

Following the advent of the corona virus pandemic from end of March in Bangladesh, all our usual ac�vi�es and gathering has been stopped. However JBCCI have been doing some limited ac�vi�es like webinars even during the exis�ng Covid-19 pandemic.

One of the main objec�ves of JBCCI is to a�ract FDI from Japan. Due to the ongoing pandemic, companies will have to recoup their losses before making any plans for investment or expansion. Government support & incen�ves for those companies will play a key role in their decision to reach other markets. Already a number of countries in ASEAN & South Asia announced incen�ve packages to a�ract FDI.

I strongly believe that it is the high �me for Bangladesh government to go for regulatory reforms to improve the bo�lenecks to a�ract FDI during post COVID 19 regime. Japanese Investors are always closely watching the Bangladesh government's eﬀorts to improve investment climates & incen�ve packages for investment. JBCCI is working closely with diﬀerent stakeholders to support Government to take posi�ve ini�a�ve & ac�on plan to a�ract FDI from Japanese companies, who consider diversifying their produc�on to Bangladesh.

Thanking You

Yuji Ando, President, JBCCI

4 Board of Directors 2018-2020

Yuji Ando President

Md. Shariful Alam Imrul Anwar Liton Vice President Vice President

Tareq Rafi Bhuiyan (Jun) Hideaki Kojima Secretary General Treasurer

5 Board of Directors 2018-2020

Salahuddin Kasem Khan Hikari Kawai Dr. Kabir Ahmed Director Director Director

Yoshimitsu Ohtomo A.K. Mizanur Rahman, FCA Kazuhiro Kobayakawa Director Director Director

Masud Karim Akhtaruzzaman Dr. AKM Moazzem Hussain Director Adviser to the Board Honorary Executive Director

6 Standing Committees of JBCCI for 2018-2020

I . Mediation / Arbitration Committee 1. Mr. Yuji Ando - Chairman 2. Mr. Hikari Kawai - Member 3. Dr. Mohammad Abdul Mazid - Member 4. Mr. A.K. Mizanur Rahman FCA - Member 5. Mr. Akhtaruzzaman - Adviser 6. Dr. AKM Moazzem Hussain - Member / Secretary

II. Seminar and Business/Investment Promotion Committee 1. Mr. Md. Shariful Alam - Chairman 2. Mr. Imrul Anwar Liton - Member 3. Mr. Hideaki Kojima - Member 4. Mr. Yuji Ando - Member 5. Mr. Asif A. Chowdhury - Member 6. Mr. Kamrul Islam FCA - Member 7. Mr. Nurul Wahab - Member 8. Mr. Akhtaruzzaman - Member 9. Mr. Abdul Haque - Adviser 10. Mr. Tareq Rafi Bhuiyan (Jun) - Member/Secretary

III. SME Support Committee 1. Dr. Kabir Ahmed - Chairman 2. Mr. ABM Shamsul Alam - Member 3. Mr. Mikhail I. Islam - Member 4. Mr. A.K. Mizanur Rahman FCA - Member 5. Mr. Salauddin Kasem Khan - Adviser 6. Mr. M. Jalalul Hai - Member / Secretary

IV. Public Relation and Networking Committee 1. Mr. Imrul Anwar Liton - Chairman 2. Mr. Kazuhiro Kobayakawa - Member 3. Mr. Tareq Rafi Bhuiyan (Jun) - Member 4. Dr. Kabir Ahmed - Member 5. Mr. Syed Golam Mowla - Member 6. Mr. Matiur Rahman - Adviser 7. Mr. Masud Karim - Member / Secretary

Note: Each Committee may co-opt any Member/Expert as and when required.

Secretariat of Japan-Bangladesh Chamber of Commerce and Industry (JBCCI) 1. Mr. Shahriar Omar - Assistant Manager 2. Mr. Md. Asif Newaj - Officer

7 2nd JBCCI Business Excellence Award 2019

Conveyor Logis�cs Ltd. Walton Hi-Tech Industries Ltd. Conveyor Logistics Ltd. For being the best enterprise For being the best enterprise Doing business in Doing business in Manufacturing Sector (Large) Service Oriented Sector (Large)

Rieko Printing and Packaging (Pvt.) Ltd. Rieko Printing and Packaging (Pvt.) Ltd. NewVision Solutions Ltd. For being the best enterprise For being the best enterprise Doing business in Doing business in Manufacturing Sector (SME) Service Oriented Sector (SME)

Datasoft Systems Bangladesh Ltd. For being the best enterprise Doing business with Innovation JBCCI at a Glance

Current Members: 236 (as of September 2020)

165 56 12 3 Bangladeshi Japanese Joint Venture Multinational Companies/Organizations Companies/Organizations Companies/Organizations Companies/Organizations

JBCCI Regular Programs (April 2019 - June 2020)

Networking Gathering 4

JBCCI Delegation to Japan 1

9 Seminar & Conference 4

Factory Visit 2

Meet the Press 2

Meeting with High Officials 2

For more information: www.jbcci-bd.com or E-mail : [email protected] [email protected]

10 Activities of JBCCI for the per iod A pril 201 9 – June 2 020

1. The 15th AGM of JBCCI followed by Dinner and the EGM of JBCCI followed by Networking and Welcome Lunch.

th a) The 15 AGM of JBCCI The 15th Annual General Meeting (AGM) was held on 30th June, 2019 at Hotel Amari Dhaka which successfully ended with a dinner.

P hoto 1-4 : A view from the 15th AGM of JBCCI held at Hotel Amari Dhaka. Mr. Takashi

Shimokyoda (Past First Secretary, Embassy of Japan in Bangladesh), Mr. Abdul Ha que, Past President of JBCC and Mr .Yuji Ando (President of JBCCI after Mr . Daisuke Arai ) giving their speec hes during the Discussion Session of the AGM.

11 b) The EGM of JBCCI On 18.12.2019 an Extra-ordinary General Meeting (EGM) of JBCCI followed by Networking and Welcome Lunch in honor of the new Japanese Ambassador H.E. Mr. Naoki Ito and the new Minister of the Embassy Mr. Hiroyuki Yamaya was held at Lakeshore Hotel.

Photo 5-7: The Board of Directors of JBCCI took a group photo with the new Japanese Ambassador H.E. Mr. Naoki Ito and the new Minister of the Embassy Mr. Hiroyuki Yamaya during the program. Moreover, the SME Report of JBCCI was inaugurated at the same Program.

2. The Board Meetings of JBCCI

The Board Meetings of JBCCI were held as follows during the perio d: 100th Board Meeting : 12.05.2019

101st Board Meeting : 13.06.2019

102nd Board Meeting : 08.08.2019

103rd Board Meeting : 20.10.2019

104th Board Meeting : 15.12.2019

105th Board Meeting : 16.02.2020

12 3. Newsletters

The e-mail newsletters of JBCCI were published as follows: -

56th Issue : May 2019

57th Issue : September 2019

58th Issue : June 2020

4. Membership

The total valid General Members’ number of JBCCI stood at 236 as on September 2020.

5. Activities of JBCCI

The detailed activities of JBCCI have been reported in its quarterly e-mail newsletters. The significant activities are again mentioned below.

5.1 The 2nd JBCCI Business Excellence Award of JBCCI followed by Dinner.

The 2nd JBCCI Business Excellence Award 2019 was held on 30th June, 2019 at Hotel Amari Dhaka which successfully ended with a dinner.

Photo 8-12: Walton Hi-Tech Industries Ltd., Rieko Printing and Packaging (Pvt.) Ltd., Conveyor Logistics Ltd., NewVision Solutions Ltd. and Datasoft Systems Bangladesh Ltd. receiving the award of business excellence in different sectors from the JBCCI President (Immediate past) Mr. Daisuke Arai.

Photo-13: The group photo of Board of Directors and First Secretary, Embassy of Japan in Bangladesh with the winners of 2nd Business Excellence Award in different sectors.

14 5.2 Farewell Lunch in honour of Mr. Daisuke Arai (President of JBCCI) and Mr. Takashi Shimokyoda (First Secretary, Embassy of Japan in Bangladesh).

On 10.07.2019, The Board of Directors of JBCCI hosted a humble farewell lunch in the honor of Mr. Daisuke Arai (President of JBCCI) and Mr. Takashi Shimokyoda (First Secretary, Embassy of Japan in Bangladesh) along with welcoming their Successors Mr. Yuji Ando and Ms. Yuko Asano at Lucknow Restaurant, Banani. This event was attended by 15 persons.

Photo 14: The Board of Directors of JBCCI took a group Photo with the out going President of JBCCI and First Secretary, Embassy of Japan in Bangladesh and along with their successors.

5.3 A Discussion Meeting of JBCCI with METI Delegation from Japan.

On 08.04.2019, the meeting with High Officials from "Ministry of Economy, Trade and Industry of Japan (METI)" was held at JETRO Dhaka Office and this was attended by 13 members. The Board of Directors of JBCCI discussed about various issues with them to develop bilateral trade and investment between Japan and Bangladesh.

Photo 15: JBCCI Board of Directors explaining to METI Delegation Members about matters to work on, to improve bilateral trades and investment scenario between Japan and Bangladesh.

5.4 A Discussion Meeting with the President of JETRO Mr. Yasushi Akahoshi.

On 08.09.2019, JBCCI had a discussion meeting with the President of JETRO Mr. Yasushi Akahoshi at JETRO Dhaka Office, who visited Bangladesh for the first time. During the meeting, discussion took place about the business situation in Bangladesh and what we expect from JETRO to improve the situation even more. Mr. Yuji Ando (President, JBCCI), Mr. Md. Shariful Alam (Vice President, JBCC), Mr. Tareq Rafi Bhuiyan (Jun) (Secretary General, JBCCI), Mr. Hideaki Kojima (Treasurer, JBCCI), Mr. Salahuddin Kasem Khan (Director, JBCCI), Mr. Abdul Haque (Past President, JBCCI), Mr. Matiur Rahman (Founder President, JBCCI), Mr. Syed Mastafizur Rahman (Managing Director, NOVO Cargo Services Ltd.), Mr. Shariful Alam (Director, JETRO Dhaka Office), Mr. Akhtaruzzaman (Adviser to the Board, JBCCI), Dr. AKM Moazzem Hussain (Honorary Executive Director, JBCCI) attended in this Meeting.

Photo 16 : JBCCI representatives took a group photo with the President of JETRO Mr. Yasushi Akahos hi. 5.5 JBCCI made a Courtesy Call on H.E. Mr. Hiroyasu Izumi, Honorable Ambassador of Japan to Bangladesh.

On 17.09.2019, The Board of Directors of JBCCI made a Courtesy Call on H.E. Mr. Hiroyasu Izumi, Honorable Ambassador of Japan to Bangladesh for his return from Bangladesh. The Board of Directors also attended the Dinner Reception Program organized by the Embassy of Japan in Bangladesh.

Photo 17: Mr. Hiroyasu Izumi, Honorable outgoing Ambassador of Japan to Bangladesh receiving a Crest of Gratitude from JBCCI representatives.

17 5.6 “Japanese Investor B2B Meetings 2019” held in Japan.

From 15th-19th April, 2019, JBCCI and Haison International Ltd. jointly organized the “JAPANESE INVESTOR B2B meetings 2019 ” which was held at Tokyo, Osaka and Fukuoka in Japan. The Delegation attended several meetings there. From Bangladesh side, 18 companies participated in this Delegation and JBCCI Directors also attended there. In the B2B Meetings in Tokyo and Osaka, respectively 100 and 48 Japanese Companies participated . The Delegation Team also attended the “Bangladesh Business Seminar” in Fukuoka organized by JETRO, JICA and UNIDO to show investment opportunities for Japanese people available in Bangladesh.

Photo 18: A group photo of B2B Delegation team and UNIDO Japan Representatives.

5.7 The Workshop on “JICA’s Two Step Loan (TSL) for Foreign Direct Investment Promotion”.

On 24.09.2019, The workshop on “JICA’s Two Step Loan (TSL) for Foreign Direct Investment Promotion” organized by Bangladesh Bank and collaborated by JBCCI, was held at the Lakeshore Hotel.

Photo 19: Mr. Tareq Rafi Bhuiyan (Jun), Director & Secretary General, JBCCI delivering his speech in the workshop. 5.8 A workshop on “Facilitate Matchmaking for Joint Crediting Mechanism (JCM) in Bangladesh”.

On 15.10.2019, JBCCI collaborated a workshop on “Facilitate Matchmaking for Joint Crediting Mechanism (JCM) in Bangladesh” which was organized jointly by Institute for Global Environmental Strategies (IGES), Japan and Department of Environment, Ministry of Environment, Forest & Climate Change, Bangladesh. It was also supported by the Ministry of Environment of Japan. 78 persons attended this program.

Photo 20: A group photo was taken during the workshop.

19 5.9 The Joint Seminar and Panel discussion on “Future of Corporate Reporting in Enhancing Investment Decisions”. On 02.11.2019 the Joint Seminar and Panel discussion on “Future of Corporate Reporting in Enhancing Investment Decisions” organized by IFC, World bank and JBCCI held on Nov 2nd, 2019 at Le Meridien Hotel, Dhaka. Around 95 people attended this event.

Photo 21 : Mr. Yuji Ando, President of JBCCI during the Panel Discussion.

Photo 22-23: Mr. Akhtaruzaaman, Adviser to the Board of JBCCI and Mr. Tareq Rafi Bhuiyan (Jun), Seceretary General of JBCCI delivering their speeches during the Discussion s ession of the Program.

20 5.10 Handing-over & Taking-over Ceremony of JBCCI SME Report as well as a Meet the Press event.

On 29.09.2019, SME Support Standing Committee of JBCCI arranged a Handing-over & Taking-over ceremony as well as a Press Conference regarding the “Recommendation of Development of SMEs in Bangladesh” for handing over to the Board of Directors of JBCCI for submission of the same to the relevant authorities of the Govt. of Bangladesh for their kind consideration in making the National Policy for the SME Development of this country.

Photo 24 : JBCCI President receiving the book of “Recommendation of Development of SMEs in Bangladesh” from SME Support Standing Committee of JBCCI.

Photo 25: JBCCI also arranged a “Meet the Press” to discuss on “Recommendation of Development of SMEs in Bangladesh”.

21 5.11 JBCCI’s 7th Factory Visit Program.

On 06.04.2019, JBCCI organized the 7th Factory Visit for its members to the “PHP Ship Breaking and Recycling Industries Ltd.” a sister concern of “PHP Group” in Shitalpur, Shitakundo, Chittagong along with Chittagong Portand. This was participated by 10 persons.

Photo 26: JBCCI Delegation team visiting the PHP Ship Breaking Plant.

Photo 27 -29: JBCCI Delegation team visiting the PHP Ship Breaking Plant and Chittagong Port.

22 5.12 JBCCI’s 8th Factory Visit Program.

On 25.11.2019, JBCCI organized the 8th Factory Visit for its members to the “Walton Hi- Tech Industries Ltd.” in Chandra, Gazipur and this was participated by 12 persons.

Photo 30: JBCCI Delegation team took a group Photo at the Walton Hi-Tech Industries Ltd.

Photo 31: JBCCI Delegation team during the visit program at the Walton Hi-Tech Industries Ltd.

23 5.13 The 1st Joint Networking Reception of JBCCI & CanCham Bangladesh.

The 1st Joint Networking Gathering of JBCCI and CanCham Bangladesh followed by Dinner was held at Four Points by Sheraton Dhaka, Gulshan-2 and this was attended by about 70 members & guests including Canadian High Commissioner Benoit Prefontaine, First Secretary Mr. Takashi Shimokyoda Embassy of Japan in Bangladesh and Executive Chairman of Bangladesh Investment Development Authority (BIDA) Kazi M Aminul Islam as well as Representatives of the Embassies of Brazil and Turkey, UNDP, ICC were also present in this event apart from the Leaders of other Chambers of Commerce.

P hoto 32: A group photo was taken during the Networking Event jointly organized by JBCCI and CanCham. 5 .14 Joint Networking Gathering and Dinner Reception of JBCCI, CanCham Bangladesh and supported by BIDA.

On 27.02.2020, the Joint Networking Gathering and Dinner Reception of JBCCI and CanCham Bangladesh and supported by BIDA was held at the Ball Room, The Westin Dhaka Hotel and this was attended by about 90 members & guests. Honorable H.E. Ambassador of Japan, Mr. Naoki Ito, Honorable High Commissioner of Canada H.E. Mr. Benoit Prefontaine and Delegates and high officials from other Embassies and International Organizations were present and Mr. Md. Sirazul Islam, Executive Chairman of BIDA was present too.

Photo 33: Honorable Ambassador o f Japan H.E. Mr. Naoki Ito delivering his speech during the joint seminar.

Photo 34: During the Joint Seminar and Discussion session of JBCCI and CanCham Bangladesh.

5.15 JBCCI’s 10th Networking Gathering Program.

On 07.03.2020, the 10th Networking Gathering of JBCCI” along with Lunch was hosted by Conveyor Logistics Ltd. at the Lakeshore Hotel. Honorable Ambassador of Japan H.E. Mr. Naoki Ito was the Chief Guest and the event was attended by about 100 persons.

25 Photo 35: The Board of Directors of JBCCI took a group Photo with the Honorable Ambassador of Japan H.E. Mr. Naoki Ito during the 10th Networking Gathering of JBCCI held at Lakeshore Hotel. Dhaka.

Photo 36: A group of JBCCI Members took Group Photo with the Honorable Ambassador H.E. Mr. Naoki Ito.

Photo 37: JBCCI Directors welcomed the Honorable Ambassador H.E. Mr. Naoki Ito with Floral Reception.

Photo 38: Honorable Ambassador H.E. Mr. Naoki Ito giving a short speech during the Program.

Photo 39: Mr. Yuji Ando, President of JBCCI handed over the Crest of Gratitude to Dr. Kabir Ahmed For hosting the 10th Networking Gathering of JBCCI.

Photo 40: JBCCI Directors and few invited Guests during the 10th Networking Gathering of JBCCI held at Lakeshore Hotel.

5.16 Tel evision Interviews and Webinars: a) “Ekushey Business” of Ekushey TV 5 th May, 2019 which was participated by Mr. Tareq Rafi Bhuiyan (Jun), Secretary General of JBCCI.

Web link: https://www.youtube.com/watch?v=OldLlbFRG8k&feature=youtu.be&fbclid=IwAR2tYZxGRCFzK5IzQ2ow5kz Jw2SjVSugALt_LdnSs9dOjmv6U8lDxrBpFR4

28 b) “Biz Shonglap” of News24 TV Channel on 30 th May, 2019 which was participated by Mr. Md. Shariful Alam, Vice Presidient of JBCCI.

Web link: https://www.youtube.com/watch?v=41kOtWona3c&feature=youtu.be&fbclid=IwAR1LmZ0BX6ADDeBj4gFTu D65CHKY5stGIu8KmANKvmuoIa8ujevd1FbE0G4

c) On 06.06.2020, the video confirence with JBCCI, CCCI and JETRO representatives on “Japan-Bangladesh bilateral friendship: 50th anniversary.”

29 d) On 29.07.2020, JBCCI arranged a webinar: "Legal implications during COVID-19". It had been a closed session only for the JBCCI members and Shoo- Koo-Kai members.

e) On 23.07.2020, the Daily Star Webinar: Strengthening Japan-Bangladesh Ties

(Co-organized by MGM Consulting, JBCCI and NewVision Solutions Ltd.)

30 5.17 Greetings, Congratulations, Condolences:

a) On 04.07.2019, a Delegation of JBCCI attended the “F ourth Japan Bangladesh Public Private Joint Economic Dialogue (PPED)” which was organized by Prime Minister’s Office at “Bijoy” Hall, Bidyut Bhaban.

b) On 05.08.2019, JBCCI sent a hearty congratulations to Mr. Abdul Haque (Past President of JBCCI) for being elected as the President of the Bangladesh Reconditioned Vehicles Importers and Dealers Association (BARVIDA) for the 3rd time.

c) On 07.08.2019, JBCCI sent a hearty congratulations to Mr. AKM Kamrul Islam FCA for being appointed as the Acting Chairman of Sonali Bank Ltd.

d) On 08.08.2019, JBCCI sent Eid Greeting to the members along with the notice for

Eid Holiday. e) On 17.09.2019, JBCCI sent hearty congratulations to the former Director of JBCCI Mr. ABM Shamsul Alam (Jahangir) on his recent promotion to the position of Managing Director & CEO of JUKI Bangladesh Limited (JBL).

f) On 05.12.2019 representing JBCCI, the Director Mr. A.K. Mizanur Rahman attended the meeting with Mr. Mohd. Humayun Kabir, Executive Director of Bangladesh Bank regarding “Foreign Direct Investment promotion Project

(Two-Step Loan Component)” held at Bangladesh Bank Head Office, Motijheel, Dhaka.

g) On 16.02.2020, JBCCI sent a Condolence Message to Mr. M. Jalalul Hai, CEO of HAISON International Ltd., (one of our JBCCI members) on the sudden demise of his beloved mother. 5.18 Cooperation with JETRO, BAAS and FBCCI:

Like previous years, JBCCI forwarded all the circulars on Trade Fairs, Business Meetings,

Training Courses, etc. received from JETRO, BAAS and FBCCI to its members for their kind information.

Tareq Rafi Bhuiyan (Jun)

17 th September, 2020 Director & Secretary General, JBCCI

Navana Obaid Eternia AHMED MASHUQUE & CO. 28-29 Kakrail (Level # 13 - 14) Chartered Acc ountant s VIP Road, Dhaka-1000, Bangladesh Tel:+880-2-58316931-39 Fax:+880-2-58316929 Email: [email protected] Web: www.ahmedmashuque.com Independent Auditor's Report to the members of Japan-Bangladesh Chamber of Commerce and Industry (JBCCI)

Report on the Audit of Financial Statements Opinion We have audited the accompanying ancial statements of Japan-Bangladesh Chamber of Commerce and Industry (JBCCI), which comprise the Statements of ancial position as at 31 March 2020 and the Statement of pr or loss and other�incomprehensive income, and Statement of cash lows for the period from 01 April 2019 to 31 March 2020, and notes to t�inhe ancial statements, including a summary of cant accouo�itnting policies. � �in Isigni�in our opinion, the accompa ancial statements present fairly, in all material respects, th ancial position of the organization as at 31 March 2020 and it' ancial performance and its ca lows for period nying �in e �in then ended in accordance with International Financial Reporting Standards (IFRSs). s �in sh � Basis for opinion We conducted our audit in accordance with International Standards on Auditing (ISAs). Our responsibilities under those standards are further described in the Auditor’s Responsibilities to the Audit of the Financial Statements section of our report. We are independent of the organization in accordance with the International Ethics Standards Board for Accountants’ Code of Ethics for Professional Accountants (IESBA Code), and we have ful lled our other ethical responsibilities in accordance with IESBA Code. We believe that the audit evidence we have obtained is su cient and appropriate to �i a basis for our opinion. f�i Responsibilities of Management and Those Charged with Governance for the Financial Statements and Internal Controls Management is responsible for the preparation and fair presentation of these ancial statements in accordance with International Financial Reporting Standards (IFRSs) , and for such internal control as �in management determines is necessary to enable the preparation of ancial statements that are free from material misstatement, whether due to fraud or error.The Companies Act, 1994 require the Management �in to ensure effective internal audit, internal control and risk management functions of the organization. In preparing the ancial statements, management is responsible for assessing the organization’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the �in going concern basis of accounting unless management either intends to liquidate the organization or to cease operations, or has no realistic alternative but to do so. The Board of Directors are also responsible for overseeing the organization’s ancial reporting process.

Auditor's Responsibility to the F�ininancial Statements Our objectives are to obtain reasonable assurance about whether the ancial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that �in includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISA's will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to luence the economic decisions of users taken on the basis of these ancial statements. in� �in 33 Navana Obaid Eternia AHMED MASHUQUE & CO. 28-29 Kakrail (Level # 13 - 14) Chartered Acc ountant s VIP Road, Dhaka-1000, Bangladesh Tel:+880-2-58316931-39 Fax:+880-2-58316929 Email: [email protected] Web: www.ahmedmashuque.com As part of an audit in accordance with ISAs, we exercise professional judgement and maintain professional skepticism throughout the audit. We also: Identify and assess the risks of material misstatement of the ancial statements, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is su cient and appropriate to provide a bas�inis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involvef�icollusion, forgery, intentional omissions, misrepresentations, or the override of internal control. Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances. Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by management. Conclude on the appropriateness of management’s use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast cant doubt on the organization’s ability to continue as a going concern. Our conclusions are based on the audit evidence obtained up to the date of our auditor’s report. However, future evsigni�ients or conditions may cause the organization to cease to continue as a going concern. Evaluate the overall presentation, structure and content of the ancial statements, including the disclosures, and whether the ancial statements represent the underlying transactions and events in a manner that achieves fair presentation. �in �in Obtain su cient appropriate audit evidence regarding the ancial information of the entities or business activities within the organization to express an opinion on the ancial statements. We are responsibf�ile for the direction, supervision and performance of�inthe Company audit. We remain solely responsible for our audit opinion. �in We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and cant audit including any cant de ciencies in internal control that we identify during our audit. signi�i �indings, signi�i �i We also provide those charged with governance with a statement that we have complied with relevant ethical requirements regarding independence, and to communicate with them all relationships and other matters that may reasonably be thought to bear on our independence, and where applicable, related safeguards. Report on Other Legal and Regulatory Requirements In accordance with the Companies Act, 1994 we also report that: a) we have obtained all the information and explanations which to the best of our knowledge and belief were necessary for the purposes of our audit and made due ver cation thereof; b) in our opinion, proper books of account as required by law have been kept by the organization so far i�i as it appeared from our examination of those books; and c) the organization’s statement of ancial position and statement of pr or loss and other comprehensive income dealt with by the report are in agreement with the books of account. �in o�it

Dated, 20 September 2020 Ahmed Mashuque & Co. Dhaka Chartered Accountants 34 Japan-Bangladesh Chamber of Commerce and Industry (JBCCI) Statement of Financial Position As at 31 March 2020

Amount in BDT

Particulars Notes 31-Mar-20 31-Mar-19 ASSETS: Non-Current Assets 73,620 91,124 Property, plant & equipment 4 73,620 91,124

Current Assets 29,097,291 25,071,500 Investment 5 25,219,033 21,825,500 Advance, deposit & prepayment 6 42,000 62,000 Receivable from members 7 720,000 60,000 AIT on FDR 8 1,076,698 841,074 Cash & cash equivalents 9 2,039,560 2,282,926

Total Assets 29,170,911 25,162,624

LIABILITIES: Accumulated Fund 10 28,953,428 24,948,974

Current Liabilities 217,482 213,650 Advance received from member - 20,000 Liabilities for expenses 11 772 42,000 Provision for audit Fee 12 69,000 92,000 Withholding Tax and VAT liability 13 147,710 59,650

Total Liabilities 29,170,911 25,162,624

These �inancial statements should be read in conjunction with the annexed notes.

______Treasurer Secretary General President

Signed in terms of our report of even date annexed.

Dated, 20 September 2020 Ahmed Mashuque & Co. Dhaka Chartered Accountants 35 Japan-Bangladesh Chamber of Commerce and Industry (JBCCI) Statement of pro�it or loss and other comprehensive income for the period from 01 April 2019 to 31 March 2020

Amount in BDT 01 April 2019 01 Mar 2019 Particulars Notes to to 31 March 2020 31 March 2019 Income Admission fees 14 810,000 - Annual Membership Fees 15 4,520,000 - Interest on FDR 1,639,157 227,749 Other income 404,000 - Total Income 7,373,157 227,749

Expenses AGM, Networking & Di nner Expense 1,195,616 35,656 Audit Fee 34,500 23,000 Conveyance 86,225 87,736 Crest & Banner 113,500 9,070 Miscellaneous Expenses 32,400 4,450 Photocopy & Stationary 29,935 4,635 Postage & Courier 13,919 319 Entertainment 45,989 5,924 FBCCI Fees 35,000 - Travel Expense 28,500 - Donation 100,000 - Repair & Maintenance 80,638 4,750 Of ice Rent & Service Charge 396,000 33,000 Printing 430,416 - Sa�lary 560,000 42,000 Internet Exp enses 49,513 2,625 Communication expenses 15,498 1,000 Website Expenses 35,650 44,625 Newspaper 686 - Bank Charge 16,814 - Tax & Vat Expenses 50,400 - Depreciation 17,505 1,484 Total Expenditure 3,368,703 300,274 Excess of Income over Expenditure 4,004,454 (72,525)

These �inancial statements should be read in conjunction with the annexed notes.

______Treasurer Secretary General President

Signed in terms of our report of even date annexed.

Dated, 20 September 2020 Ahmed Mashuque & Co. Dhaka Chartered Accountants 36 Japan-Bangladesh Chamber of Commerce and Industry (JBCCI) Statement of Cash Flows for the period from 01 April 2019 to 31 March 2020

Amount in BDT 01 April 2019 01 March 2019 Particulars to to 31 March 2020 31 March 2019 A. CASH IN FLOW FROM OPERATING ACTIVITIES 3,150,168 74,522 Net Earnings 4,004,454 (72,525) Adjustments for items not involving cash: Depreciation 17,505 1,484 Increase/Decrease in Receivable (660,000) 200,000 Increase/Decrease in AIT (235,624) (34,162) Increase/Decrease in advance, deposit & prepayment 20,000 (20,000) Increase/Decrease in current Liability 3,833 (274)

B. CASH FLOW FROM INVESTING ACTIVITIES (3,393,533) (193,587) Purchase of Investment (3,393,533) (193,587)

C. CASH FLOW FROM FINANCING ACTIVITIES - -

D. INCREASE/(DECREASE) IN CASH AND BANK BALANCES (A+B+C) (243,366) (119,064) E. Cash and Bank Balance at Opening 2,282,926 2,401,990 F. CASH AND BANK BALANCES AT CLOSING 2,039,560 2,282,926

These �inancial statements should be read in conjunction with the annexed notes.

______Treasurer Secretary General President

Signed in terms of our report of even date annexed.

Dated, 20 September 2020 Ahmed Mashuque & Co. Dhaka Chartered Accountants 37 Japan-Bangladesh Chamber of Commerce and Industry (JBCCI) Notes to the Financial Statements As at and For the period from 01 April 2019 to 31 March 2020

1. Reporting entity :

(a) Introduction Japan-Bangladesh Chamber of Commerce and Industry (JBCCI) obtained License No. 26/2004, dated 03-06- 2004 from Ministry of Commerce and was incorporated on 15 August 2004, vide registration No. C- 591(43)/2004 with the Registrar of Joint Companies and Firms, Bangladesh under section 28 of Companies Act 1994, as a not for pro it organization. The o ice of JBCCI is situated at Flat # 3-B, House # 30 (3rd Floor), Road # 18, Block # A, Banani, Dhaka-1213. JBCCI Board of Directors comprise of 12 (Twelve) members (six from the Japan and six fro�m Bangladesh). f�

(b) Nature of Operations JBCCI has been established to provide a forum for discussing and exchanging views of business conditions and issues, both domestic and international, affecting Japanese and Bangladeshi companies. In furtherance of this objective and with limiting the generality of such object, the chamber shall be empowered in accordance with the law for the time being in force.

To promote to trade and investment between Japan and Bangladesh overcoming any impediment

To encourage and develop the establishment of Japan-Bangladesh joint venture in speci ic areas of common interest. � To utilize the expertise of the Chamber members to identify and develop opportunities for both Japanese and Bangladeshi companies.

To develop closer interaction between the private/public sector and related organizations in both countries. To support and expedite implementation of the decision of the Japan-Bangladesh Joint Committee for commercial and economic co-operation.

To place joint recommendations to respective government on improving the environment for mutual trade, commerce, industry iscal and investment opportunities.

To develop synergy with other cham, � bers, particularly in the Asian Region in pursuant of its objectives. To provide information, assistance and advisory service to Japanese irm seeking to do business with Bangladesh and Bangladeshi irm who are interested to promote and expand business activities with Japan. � � To promote and organize meeting, conference, lectures, trade shows and other activities deemed t for the promotion of the Chamber's objectives. �i

2. Basis of Preparation: a) Basis of presentation of the �inancial statements The inancial statements have been prepared under historical cost convention following accrual basis of accounting. � b) Functional and presentational currency These inancial statements are prepared in Bangladeshi Taka, which is the organization’s functional currency. All inancial information presented in Taka has been rounded off to the nearest integer. � �

38 (c) Reporting Period The inancial statements cover the period from 01 April 2019 to 31 March 2020.

� 3 Signi�icant Accounting Policies : The accounting policies set out below have been applied consistently to all periods presented in these inancial statements.

�(a) Property, Plant & Equipment (i) Recognition & measurements Property, plant & equipment are stated at cost less accumulated depreciation and impairment losses. The cost of acquisition comprises of purchase price, including import duties and non-refundable taxes and any directly attributable cost of bringing the assets to its working condition for its intended use.

(ii) Depreciation Depreciation is charged to the income statement under reducing balance method over the estimated useful lives of each part of an item of property, plant and equipment. The estimated useful lives for the current and comparative periods are as follows:

Computer equipment 30% Furniture and ittings 15% Equipment 20% Camera � 30%

(b) Lease Due to low value and short-term of the lease (of ice rent), the requirement of ‘IFRS-16 Lease’does not apply rather entity recognises the lease payments as rent expense on a straight line basis over the lease term. �

Subscription and Admission fee Chamber receives annual subscription and admission fee from their members. Annual subscription and admission fee are recognized when it is earned.

Interest on Bank Deposits Chamber receives bank interest from Fixed Deposit Receipt (FDR) and that income is recognized when it is earned.

(d) Provision for income tax liability No provision for income tax has been made on the excess of income over expenditure, while the association is a company within the meaning of section 2 (20) of the ITO-1984 and exmption certi icate/order from the concern authority was not obtained.

� (e) Cash and cash equivalents Cash and cash equivalents include notes and coins on hand and balance with bank.

39 Amount in Taka

Particulars As at As at 31 Mar 2020 31 Mar 2020 4.00 Property, Plant & Equipment 73,620 91,124

This represents the written down value of the xed assets held by the company as at the date of statement of ncial position. Detail of th xed assets acquired by the company has been annexed in Schedule-A. �i 5 .00 Inve�inastment In FDR e �i Opening Balance 21,825,500 21,631,913 Add: Investment during the period 2,000,000 - Interest received during the period 1,639,157 227,749 25,464,657 21,859,662 Less: Bank Charge (Excess duty) 10,000 - Less: AIT 235,624 34,162 245,624 34,162 Closing Balance 25,219,033 21,825,500

Details are given in Schedule-B

6 .00 Advance, deposit & prepayment Advance to supplier - 20,000 Security Deposit For Of ice Rent 42,000 42,000 42,000 62,000 � 7 .00 Receivable from members Opening Balance 60,000 260,000 Add: Addition during the Period 700,000 - Less: Adjustment during the period (40,000) (200,000) Closing Balance (7.01) 720,000 60,000

7 .01 Receivable member list Adhip Trading 20,000 - Auto Museum Ltd. 20,000 - Bangladesh Japan Cooperation Company Ltd. 20,000 - Brother International Singapore Pte. Ltd. 20,000 - Business Network Institute Ltd. 20,000 - DoggyMan Bangladesh Co., Ltd. 20,000 - FM Leather Ltd. 20,000 - Fast Value Global (BD) Ltd. 20,000 - GF Bangladesh Ltd. 20,000 - Japan International Cooperation Agency(JICA) 20,000 - JBEC Ltd. 20,000 - Jennys Shoes Ltd. 20,000 - KSRM Steel Plant Ltd. 20,000 - Lunar Eclipse International 20,000 20,000 Misuji Leather Goods Bangla Ltd 20,000 - Mizuho Corporation Ltd. 20,000 - Moon Moon Enterprise 20,000 - Moor Trading 20,000 20,000 Nippon Signal Company Ltd. 20,000 - NACS Bd. Co. Ltd. 20,000 - Nissenken Bangladesh Ltd. 20,000 - Pubali Construction Company Ltd. 20,000 - PHP Steels Ltd. 20,000 - Rahimafrooz Distribution Ltd. 20,000 -

40 Rangs Ltd. 20,000 - S.S. Trading 20,000 - Solutions Lab Co. Ltd. 20,000 - Shanta Garments Ltd. 20,000 20,000 TODHA (Pvt.) Ltd. 20,000 - Western Marine Services Ltd. 20,000 - Western Marine Shipyard Ltd. 20,000 - WIN POWER Ltd. 20,000 - White Products & Electronics Ltd. 20,000 - ZAQZAQ Super Store Ltd. 20,000 - Zisa's Fashion Ltd. 20,000 - 700,000 60,000 8.00 AIT on FDR Opening Balance 841,074 806,912 Add: Addition during the Period 235,624 34,162 Closing Balance 1,076,698 841,074

9.00 Cash & Cash Equivalents Cash in hand 16,382 39,193 Cash at bank : 2,023,178 2,243,733 (Prime Bank Ltd- A/C - 21321 11003487/13211010000193) 2,039,560 2,282,926

10.00 Accumulated Fund Opening Balance 24,948,974 25,021,499 Add: Excess of Income over Expenditure 4,004,454 (72,525) 28,953,428 24,948,974 Add: Adjustment against AIT on FDR - - 28,953,428 24,948,974

11.00 Liabilities for expenses Salary payable - 42,000 Telephone bill Payable 772 - 772 42,000

12.00 Provision for Audit Fee Opening Balance 92,000 69,000 Add: Addition during the period 34,500 23,000 Less : Adjustment during the year (57,500) - Closing Balance 69,000 92,000

13.00 Withholding Tax and VAT Liability Advertisement Expenses - 16,000 Website Expenses 4,650 4,625 Postage & Courier 2,784 753 Crest & Banner 22,700 - Repair & Maintenance 16,128 - Of ice Rent & Service Charge 24,000 31,400 Internet expenses 5,713 1,455 Pr�inting & Stationary 71,736 5,417 147,710 59,650

14.00 Admission Fees BANGLADESH NAXIS CO. LTD. 30,000 - Howlader Maria & Co. (HmAC) 30,000 - Saif Powertec Ltd. 30,000 - Mazada Consortium Ltd. 30,000 - Safesea Bangladesh Ltd. 30,000 -

41 BacBon Ltd. 30,000 - JTRADE Company Ltd. 30,000 - Con idence Steel Ltd. 30,000 - NAAFCO (Pvt.) Ltd. 30,000 - Tosh� iba Asia Paci ic Pte. Ltd. 30,000 - Atlas Logistics Bangladesh (Pvt.) Ltd. 30,000 - Homebound Pack�ers & Shippers Ltd. 30,000 - Rapid Transit Freight Ltd. 30,000 - Colgis BD Ltd. 30,000 - United Dhaka Tobacco Company Ltd. 30,000 - Japan Marketing Company Ltd. 30,000 - Japan-Bangladesh Friendship Medical Services Ltd. 30,000 - Reliable Steel Ltd. 30,000 - Tilottoma Trade Centre 30,000 - Yurtec Corporation 30,000 - Alencs Ltd. 30,000 - City Bank Ltd. 30,000 - CRC Textile Mills Ltd. 30,000 - Eve Dress Shirts Ltd. 30,000 - Hong Kong and Shanghai Banking Corporation Ltd.(HSBC) 30,000 - MKK Logistics 30,000 - Nurul Faruk Hasan & Co . Chartered Accountants (Deloitte In Bangladesh) 30,000 - 810,000 -

15.00 Annual Membership Fees Abul Khair Steel Ltd. 20,000 - Aftab Automobiles Ltd. 20,000 - Ajinomoto Bangladesh Ltd. 20,000 - Asian Motorbikes Ltd. 20,000 - Akij Footwear Ltd. 20,000 - A.K. Khan & Co. Ltd. 20,000 - AKTIO Bangladesh Ltd. 20,000 - AB Bank Ltd. 20,000 - Asahi Consultants Ltd. 20,000 - Atom AP Ltd. 20,000 - Auto Museum Ltd. 20,000 - A. WAHAB & Co., Chartered Accountants 20,000 - Adhip Trading 20,000 - Agility Ltd 20,000 - Ascott The Residence Ltd 20,000 - Apex Textile Printing Mills Ltd. 20,000 - Atlas Logistics Bangladesh (Pvt.) Ltd. 20,000 - Alencs Ltd. 20,000 - Bangla Poshak Ltd. 20,000 - Bangladesh AOTS Alumni Society (BAAS) 20,000 - Bangladesh Honda Private Ltd. 20,000 - Bangladesh IRIS Company Ltd. 20,000 - Bangladesh Japan Cooperation Company Ltd. 20,000 - Bangladesh Steel Re-Rolling Mills Ltd. 20,000 - BBJ Leather Goods Ltd. 20,000 - Bengal Fisheries Ltd. 20,000 - Bashundhara Paper Mills Ltd. 20,000 - BJIT Ltd. 20,000 - Brother International Singapore Pte. Ltd. 20,000 - Business Network Institute Ltd. 20,000 - BETELCO 20,000 - BacBon Ltd. 20,000 - BANGLADESH NAXIS CO. Ltd. 20,000 - CAT Garment Co. Ltd (Bangladesh) 20,000 - Chori Co. Ltd. Dhaka Liaison Of ice 20,000 -

� 42 Contech Ltd. 20,000 - Conveyor Logistics Ltd. 20,000 - Chupa Bangladesh Co.,Ltd 20,000 - Crown Navigation Co. (Pvt.) Ltd. 20,000 - Crescent Lighting Ltd. 20,000 - Colgis BD Ltd. 20,000 - Con idence Steel Ltd. 20,000 - City Bank Ltd. 20,000 - CRC� Textile Mills Ltd. 20,000 - Daffodil International University 20,000 - Datasoft Systems Bangladesh Ltd. 20,000 - Dawn Trading International 20,000 - Dysin-Chem Ltd. 20,000 - Dhaka Evergreen Retirement Homes (Pvt.) Ltd. 20,000 - DoggyMan Bangladesh Co., Ltd. 20,000 - Eastern Motors Ltd. 20,000 - Eastern Bank Ltd. 20,000 - Everett Bangladesh (Private) Ltd. 20,000 - Expo Freight Ltd. 20,000 - eGeneration Group 20,000 - euglena GG Ltd. 20,000 - Eve Dress Shirts Ltd. 20,000 - FM Leather Ltd. 20,000 - Fast Value Global (BD) Ltd. 20,000 - Flora Ltd. 20,000 - Fukuya Health Food Co. Ltd. 20,000 - Galaxy World Logistics Ltd. 20,000 - GF Bangladesh Ltd. 20,000 - Gofran Trade Agency 20,000 - Graphic Machinery & Equipment Ltd. 20,000 - Haq's Bay Automobiles Ltd. 20,000 - Highspeed Shipbuilding & Heavy Engineering Co. Ltd. 20,000 - HNS Automobiles Ltd. 20,000 - Helios Holding Co. Ltd.,Bangladesh Branch Of ice 20,000 - HAISON International Ltd. 20,000 - Harimao BD Ltd. � 20,000 - Howladar Yunus & Co. Chartered Accountants 20,000 - Homebound Packers & Shippers Ltd. 20,000 - Howlader Maria & Co. (HmAC) 20,000 - Hong Kong and Shanghai Banking Corporation Ltd. 20,000 - Infradev Associates Ltd. 20,000 - I.R. Bulb Co. Ltd. 20,000 - Islam Aftab Kamrul & Co. 20,000 - ITOCHU Corporation, Dhaka Liaison Of ice 20,000 - Investors Services Co. Ltd. 20,000 - I-K Properties � 20,000 - 3i Logistics (Pvt.) Ltd. 20,000 - Index Holdings Ltd. 20,000 - Jaba Tour Ltd. 20,000 - Jamuna Bank Ltd. 20,000 - Japan International Cooperation Agency(JICA) 20,000 - Japan Medic Ltd. 20,000 - Japan Solartech Bangladesh Ltd. 20,000 - Juki Machinery Bangladesh Ltd. 20,000 - JBEC Ltd. 20,000 - JBF Digital Trading Co. Ltd. 20,000 - Jennys Shoes Ltd. 20,000 - JETRO , Dhaka Of ice 20,000 - Juki Bangladesh Ltd. 20,000 - Japan-Bangladesh� Friendship Medical Services Ltd. 20,000 - Japan Marketing and Consultancy Ltd. 20,000 - J TRADE Company Ltd. 20,000 - K2 Logistics Bangladesh Ltd. 20,000 - Karnaphuli Fertilizer Co. Ltd. (KAFCO) 20,000 - K. K. Automobiles 20,000 - Kojima Lyric Garments Ltd. 20,000 - KSRM Steel Plant Ltd. 20,000 -

43 Leatherex Footwear Industries Ltd. 20,000 - Lunar Eclipse International 20,000 - Limo Electronics Ltd. 20,000 - Misuji Leather Goods Bangla Ltd 20,000 - Marubeni Corporation, Dhaka Of ice 20,000 - Matin Spinning Mills Ltd. (DBL Group) 20,000 - McDonald Steel Building Product�s Ltd. 20,000 - Mitsubishi Corporation, Dhaka Of ice 20,000 - Mitsui & Co. (Asia Paci ic) Pte. Ltd., Dhaka Branch 20,000 - Mizuho Corporation Ltd. � 20,000 - MUFG Bank, Ltd. � 20,000 - Multi Freight Ltd. 20,000 - Murata Machinery Bangladesh Ltd. 20,000 - Moon Moon Enterprise 20,000 - MMX Advertising Communication(MACOMM) 20,000 - Mayekawa Mfg .Co.,Ltd 20,000 - Mitsubishi Corporation Dhaka Metro Project Of ice ( Branch) 20,000 - Mariners Transport System Co. Ltd. 20,000 - Minori & Partners Ltd. � 20,000 - Moor Trading 20,000 - Mazada Consortium Ltd. 20,000 - MKK Logistics 20,000 - NACS Bd. Co. Ltd. 20,000 - Nagase Singapore (Pte) Ltd. Bangladesh Liaison Of ice 20,000 - Navana Ltd. 20,000 - NEC Corporation , Dhaka Branch Of ice � 20,000 - N ewVision Solutions Ltd. 20,000 - NeXT Business Management Service�s Ltd. 20,000 - Nippon & McDonald Steel Industries Ltd. 20,000 - Nippon Express Bangladesh Ltd. 20,000 - Nippon Kaiji Kyokai 20,000 - NIPRO JMI COMPANY Ltd. 20,000 - Nissenken Bangladesh Ltd. 20,000 - NOVO CARGO SERVICES Ltd. 20,000 - NYK Line (Bangladesh) Ltd 20,000 - N. Mohammad Plastic Ind. Ltd. 20,000 - NS Construction Ltd. 20,000 - Nippon Signal Company Ltd. 20,000 - NAAFCO (Pvt.) Ltd. 20,000 - Nurul Faruk Hasan & Co. Chartered Accountants (Deloitte In Bangladesh) 20,000 - Op-Seed Co., (BD) Ltd. 20,000 - Ocean Network Express (Bangladesh) Ltd. 20,000 - Oriental Enterprise 20,000 - Paci ic Associates Ltd 20,000 - Pubali Construction Company Ltd. 20,000 - Paci�ic Jeans Ltd 20,000 - Paci ic Motors Ltd. 20,000 - Pan �Paci ic Sonargaon Hotel 20,000 - Paci�ic Quality Control Centre Ltd. 20,000 - Pegasus �Sewing Machine Pte. Ltd., Bangladesh Liaison Of ice 20,000 - Pent�a-Ocean Construction Co. Ltd. 20,000 - Peoples Ceramic Industries Ltd. � 20,000 - PHP Steels Ltd. 20,000 - Pleiades Bangladesh Ltd. 20,000 - Pleiades Construction & Consulting Ltd. 20,000 - Premier Bank Ltd. 20,000 - Prime Bank Ltd. 20,000 - Q & Q Trading Ltd. 20,000 - QNS Container Services Ltd. 20,000 -

44 Rahimafrooz Distribution Ltd. 20,000 - Rancon Motor Bikes Ltd. 20,000 - Rangs Electronics Ltd. 20,000 - Rangs Ltd. 20,000 - Rapid Transit Freight Ltd. 20,000 - Remex Corporation Ltd. 20,000 - Rieko Printing and Packaging (Pvt.) Ltd. 20,000 - Robi Axiata Ltd. 20,000 - Rogress Boeki Co. Ltd.,Bangladesh Liaison Of ice 20,000 - Rancon Auto Industries Ltd. 20,000 - Reliable Steel Ltd. � 20,000 - Sail International Ltd. 20,000 - SANTACRUZ Auto Air Conditioning 20,000 - S. Alam Enterprise 20,000 - Sanyo Engineering & Construction Inc.,Bangladesh Branch Of ice 20,000 - SERACO Japan Ltd. 20,000 - Sha iq Mizan Rahman & Augustine, Chartered Accountants � 20,000 - Shanta Garments Ltd. 20,000 - SIM�EC Ltd. 20,000 - Silver Composite Textile Mills Ltd. 20,000 - S M Knitwears Ltd. 20,000 - S.S. Trading 20,000 - Sumitomo Corporation Asia & Oceania Pte. Ltd. 20,000 - Swift Logistic Services Ltd 20,000 - SHIP Aichi Medical Service Ltd. 20,000 - Shams Engineering 20,000 - Shell Corporation Bangladesh Ltd. 20,000 - Supersign Industeies (Electrical) Ltd. 20,000 - Solutions Lab Co. Ltd. 20,000 - Safesea Bangladesh Ltd. 20,000 - Saif Powertec Ltd. 20,000 - Teijin Frontier Co., Ltd.(Bangladesh Liaison Of ice) 20,000 - Tilottoma Trade Centre 20,000 - TM Textiles and Garments Ltd. � 20,000 - TODHA (Pvt.) Ltd. 20,000 - Toka Ink Bangladesh Ltd. 20,000 - Tokyu Construction Co., Ltd. Dhaka Branch Of ice 20,000 - Toray International Inc.,Bangladesh Liaison Of ice 20,000 - Towa Personal Protective Device Bangladesh L� td. 20,000 - Toyota Tsusho Corporation, Dhaka Liaison Of i�ce 20,000 - Trade Services International 20,000 - TS Tech Bangladesh Ltd. � 20,000 - Tokyo Consulting Firm Ltd. 20,000 - Toyota Auto Advance 20,000 - TEKKEN Corporation (Branch Of ice) 20,000 - Toshiba Asia Paci ic Pte. Ltd. 20,000 - Terra Motors Bangladesh Ltd. � 20,000 - UHM Ltd. � 20,000 - Uniqlo Co., Ltd. Bangladesh Liaison Of ice 20,000 - Uttara Automobiles Ltd. 20,000 - Uttara Motors Ltd. � 20,000 - Uranus Freight Logistics Ltd. 20,000 - United Dhaka Tobacco Company Ltd. 20,000 - Walton Hi-Tech Industries Ltd. 20,000 - Western Marine Services Ltd. 20,000 - Western Marine Shipyard Ltd. 20,000 - White Products & Electronics Ltd. 20,000 - WIN POWER Ltd. 20,000 - Yurtec Corporation 20,000 - YKK Bangladesh Pte Ltd. 20,000 - Yusen Logistics (Bangladesh) Ltd. 20,000 - Yamagata Dhaka Friendship Hospital 20,000 - ZAQZAQ Super Store Ltd. 20,000 - Zisa's Fashion Ltd. 20,000 - Zeeshan International Agencies Pvt.Ltd. 20,000 - 4,520,000 -

45 Japan-Bangladesh Chamber of Commerce and Industry (JBCCI) Schedule of Fixed Assets As at 31 March 2020 Schedule-A

COST DEPRECIATION Written down Addition Adjustment Rate of Charged Sl. # Particulars Balance as at Balance as at 31 Balance as at Balance as at value as at 31 during the during the Dep. during the 46 01 April 2019 March 2020 01 April 2019 31 March 2020 March 2020 year year year 1 Computer & Printer 159,630 - - 159,630 30% 150,252 2,813 153,066 6,564

2 Camera 35,900 - - 35,900 30% 31,616 1,285 32,901 2,999 3 Of ice Equipment 120,400 - - 120,400 20% 84,663 7,147 91,810 28,590

4 Fu�rniture & Fixture 104,900 - - 104,900 15% 63,174 6,259 69,433 35,467 Total: 420,830 - - 420,830 329,706 17,505 347,210 73,620

As at 31 March 2019 420,830 - - 420,830 328,222 1,484 329,706 91,124 Japan- Bangladesh Chamber of Commerce and Industry (JBCCI) Schedule of Investment in FDR As at 31 March 2020 Schedule-B

Bank Opening balance Closing Balance Principal Addition during Charge/ Sl No. FDR No. Bank Name as at Interest from FDR AIT as at Amount (BDT) the period Excise 01 April 2019 31 March 2020 Duty 1 2132415007255 Prime Bank Ltd. 800,000 2,251,699 - 135,102 20,265 2,366,535 2 2132412009767 Prime Bank Ltd. 500,000 1,405,743 - 84,345 12,652 - 1,477,436 3 2132412006839 Prime Bank Ltd. 200,000 560,710 - 33,643 5,047 - 589,306 47 4 2132413011283 Prime Bank Ltd. 1,500,000 3,567,639 - 285,411 42,812 - 3,810,238 5 2132419011121 Prime Bank Ltd. 700,000 961,314 - 64,889 9,733 - 1,016,469 6 2132411013372 Prime Bank Ltd. 1,000,000 1,326,600 - 88,032 13,205 - 1,401,427 7 2132419014588 Prime Bank Ltd. 1,000,000 1,339,071 - 88,860 13,329 - 1,414,601 8 2132415008063 Prime Bank Ltd. 1,500,000 1,842,441 - 147,395 22,109 - 1,967,726 9 0030-0330024249 Jamuna Bank Ltd. 1,000,000 1,177,347 - 70,791 10,619 2,500 1,235,019 10 0030-0330025837 Jamuna Bank Ltd. 2,000,000 2,193,937 - 131,786 19,768 2,500 2,303,455 11 001122800000638 LankaBangla Finance Ltd. 3,000,000 3,199,000 - 303,905 45,586 2,500 3,454,819 12 000929300000270 LankaBangla Finance Ltd. 2,000,000 2,000,000 - 205,000 20,500 2,500 2,182,000 13 1165850368894 Eastern Bank Ltd. 2,000,000 - 2,000,000 - - - 2,000,000 Total 17,200,000 21,825,500 2,000,000 1,639,157 235,624 10,000 25,219,032 Navana Obaid Eternia AHMED MASHUQUE & CO. 28-29 Kakrail (Level # 13 - 14) Chartered Acc ountant s VIP Road, Dhaka-1000, Bangladesh Tel:+880-2-58316931-39 Fax:+880-2-58316929 Email: [email protected] Web: www.ahmedmashuque.com Independent Auditor's Report to the members of Japan-Bangladesh Chamber of Commerce and Industry (JBCCI)

Report on the Audit of Financial Statements Opinion We have audited the accompanying statements of Japan-Bangladesh Chamber of Commerce and Industry (JBCCI), which comprise the Statements of position as at 30 June 2020 and the Statement of pr or loss and other comprehensive�inancialincome, and Statement of cash for the period from 01 April 2020 to 30 June 2020, and notes to the statements,�inancial including a summary of signi icant accounting policies.o�it �lows In our opinion, the accompanying �inancialstatements present fairly, in all material respect� s, the position of the organization as at 30 June 2020 and it's performance and its cash for the period then ended in accordance with�inancial International Financial Reporting Standards (IFRSs). �inancial �inancial �lows

Basis for opinion We conducted our audit in accordance with International Standards on Auditing (ISAs). Our responsibilities under those standards are further described in the Auditor’s Responsibilities to the Audit of the Financial Statements section of our report. We are independent of the organization in accordance with the International Ethics Standards Board for Accountants’ Code of Ethics for Professional Accountants (IESBA Code), and we have fu led our other ethical responsibilities in accordance with the IESBA Code. We believe that the audit evidence we have obtained is su cient and appropriate to provide a basis for our l�il opinion. f�i Responsibilities of Management and Those Charged with Governance for the Financial Statements and Internal Controls Management is responsible for the preparation and fair presentation of these statements in accordance with International Financial Reporting Standards (IFRSs) , and for such internal control as �inancial management determines is necessary to enable the preparation of statements that are free from material misstatement, whether due to fraud or error. The Companies Act, 1994 require the Management �inancial to ensure effective internal audit, internal control and risk management functions of the organization. In preparing the statements, management is responsible for assessing the organization’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going �inancial concern basis of accounting unless management either intends to liquidate the organization or to cease operations, or has no realistic alternative but to do so. The Board of Directors are also responsible for overseeing the ancial reporting process.

Auditor's Responsibility organization’s to the �in Financial Statements Our objectives are to obtain reasonable assurance about whether the statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that �inancial includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISA's will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to the economic decisions of users taken on the basis of these l statements. in�luence �inancia

48 Navana Obaid Eternia AHMED MASHUQUE & CO. 28-29 Kakrail (Level # 13 - 14) Chartered Acc ountant s VIP Road, Dhaka-1000, Bangladesh Tel:+880-2-58316931-39 Fax:+880-2-58316929 Email: [email protected] Web: www.ahmedmashuque.com As part of an audit in r with ISAs, we ex professional judgement and maintain professional skept sm throughout the audit. We also: acco dance ercise iciIdentify and assess the risks of material misstatement of the statements, whether due to fraud or error, design and perform audit pr ures responsive to those risks, and obtain audit that is su ient and appropriate to provide a basis for�inancialour opinion. The risk of not a material misstatement resulting from fraudocedis higher than for one resulting from error, as fraud evidencemay involve f�iocn, forgery, intentional omissions, misrepresentations, or the override ofdetectinginternal trol. collusi Obtain an understanding of internal trol relevant to the audit in order to design audit pr ures con that are appropriate in the ums con oced Evaluate the appropriateness circ of tances.unting used and the reasonableness of unting estimates and related dis losures made by management. acco policies acco on the appropriatenessc of management’s use of the going ern basis of unting and, based on the audit obtained, whether a material u tainty exists related to events or Concludeditions that may signi doubt on the organization’s abilitycontoc tinue as aaccogoing ern. Our lusions areevidencebased on the audit obtained uncerp to the date of our auditor’s report. Howevcon er, future evecastnts or �icantditions may the organization to conase to tinue ascona goingc ern.conc evidence con cause ce con conEvacluate the overall presentation, stru ture and tent of the statements, uding the dis losures, and whether the statements represent the underlying transa tions and in a manner tha hieves fair presentation. c con �inancial incl c �inancial c t ac Obtain suf�icient appropriate audit evidence regarding the �inancial information of the entities or Webusiness remain activities solely responsible within the organization for our audit toopinion. express an opinion on the �inancial statements. We are responsible for the direction, supervision and perfor mance of the Company audit. We mmu with those arged with governa regarding, among other matters, the planned ope and timing of the audit and signi audit dings, uding any signi in internal co nicate ch nce sc trol that we identify during our audit. �icant �in incl �icant de�iciencies con We also provide those charged with governance with a statement that we have complied with relevant safeguards.ethical requirements regarding independence, and to communicate with them all relationships and other matters that may reasonably be thought to bear on our independence, and where applicable, related Report on Other Legal and Regulatory Requirements r with the Companie 994 we also report that: a) we have obtained all the information and explanations to the best of our knowledge and belief In acco dance s Act, 1 were ne r the purposes of our audit and made due i eof; which b) in our opinion, proper books of unt as required by law have been kept by the organization so far cessary fo veri� cation ther as it appeared from our examination of those books; and acco the organization’s statement of position and statement of pr or loss and other mprehensive ome dealt with by the report are in agreement with the books of a ount. c) �inancial o�it co inc cc

Dated, 24 September 2020 Ahmed Mashuque & Co. Dhaka Chartered Accountants 49 Japan-Bangladesh Chamber of Commerce and Industry (JBCCI) Statement of Financial Position As at 30 June 2020

Amount in BDT As at As at Particulars Notes 30 June 2020 31 Mar 2020 ASSETS: Non-Current Assets 70,143 73,620 Property, plant & equipment 4

Current Assets 28,991,12570,143 29,097,29173,620 Investment 5

7 25,254,937 540,000 25,219,033 Advance,AIT on FDR deposit & prepayment 86 42,000 42,000 Receivable from members 9 720,000 Total Assets 29,061,2681,083,034 29,170,9111,076,698 Cash & cash equivalents 2,071,153 2,039,560 LIABILITIES: Accumulated Fund 28,555,294 28,953,428

Current Liabilities 10 505,974 217,482 - Liabilities for expenses AdvanceProvision received for audit from Fee member 11 220,000 Withholding Tax and VAT liability 12 772 772 13 103,500 69,000 Total Liabilities 29,061,268181,702 29,170,911147,710

These �inancial statements should be read in conjunction with the annexed notes.

Treasurer Secretary General President

Signed in terms of our report of even date annexed.

Dated, 24 September 2020 Ahmed Mashuque & Co. Dhaka Chartered Accountants 50 Japan- Bangladesh Chamber of Commerce and Industry (JBCCI) Statement of pro�it or loss and other comprehensive income for the period from 0 April 0 0 to 0 June 0 0

1 2 2 3 2 2 Amount in BDT 01 April 2020 01 April 2019 Particulars Notes to to 30 June 2020 31 March 2020 Income Admission fees 5 - 8 0,000 Annual Membership Fees - 4,5 0,000 Interest on FDR 1 4 , 40 , 19, 57 Other in ome 1 6 - 4024,000 Total Income 422,2240 71,36733,1157 c Expenses AGM, Networking & Dinner Expense - , 95, Audit Fee 4,500 4,500 Conveyan e 5, 0 1 1 8 ,6165 Crest & Banner 3 - 3 ,500 Mis ellanecous Expenses 1 ,02560 6,42020 Photo opy & S t a t i o n a r y , 44 1 193,9 5 Postcage & Courier 6,4 5 32,9 9 Entertcainment 3 1,15 245,9389 FBCCI Fees 3 -2 135,0100 Travel Expense 1 - 1 3 8,500 Donation - 300,000 Repair & Maintenan e , 50 820, 8 Of i e Rent & Servi e Charge , 00 19 ,000 Printing c 21,27 0 4 0,643 Sa�lacry c 11715,6000 35 60,000 Internet expenses 230,0605 439,516 Communi ation expenses 1 ,000 65,498 Website Expenses 1 - 5, 1530 Newspapecr 3 - 1 8 Bank Charge 9 3 ,86 4 Tax &Vat Exp ens es - 50,46006 Depre iation ,43717 176,5015 Total Expenditure 440,375 3,368,703 c 3 1 Excess of Income over Expenditure (398,134) 4,004,454

These �inancial statements should be read in conjunction with the annexed notes.

Treasurer Secretary General President

Signed in terms of our report of even date annexed.

Dated, 24 September 2020 Ahmed Mashuque & Co. Dhaka Chartered Accountants 51 Japan-Bangladesh Chamber of Commerce and Industry (JBCCI) Statement of Cash Flows for the period from 01 April 2020 to 30 June 2020

Amount in BDT 01 April 2020 01 April 2019 Particulars to to 30 June 2020 31 March 2020 A. CASH IN FLOW FROM OPERATING ACTIVITIES 67,497 3,150,168 Net Earnings 4,004,454 Adjustments for items not involving cash: (398,135)

Depreciation 3,477 17,505 Increase / Decrease in Receivable 180,000 - (660,000) Increase / Decrease in AIT (6,336) (235,624) Increase / Decrease in advance, deposit & prepayment 20,000 B. IncreaseCASH FLOW / Decrease FROM inINVESTING current Liability ACTIVITIES (35,904)288,492 (3,393,533)3,833

C. PurchaseCASH FLOW of Investment FROM FINANCING ACTIVITIES (35,904) - (3,393,533) -

D. INCREASE/(DECREASE) IN CASH AND BANK BALANCES (A+B+C) 31,593 (243,366) E. Cash and Bank Balance at Opening 2,039,560 2,282,926 F. CASH AND BANK BALANCES AT CLOSING 2,071,153 2,039,560

These �inancial statements should be read in conjunction with the annexed notes.

Treasurer Secretary General President

Signed in terms of our report of even date annexed.

Dated, 24 September 2020 Ahmed Mashuque & Co. Dhaka Chartered Accountants 52 Japan-Bangladesh Chamber of Commerce and Industry (JBCCI) Notes to the Financial Statements As at and For the period from 01 April 2020 to 30 June 2020

1. Reporting entity : (a) Introduction Japan-Bangladesh Chamber of Commer e and Industry (JBCCI) obtained se No. 004, dated 0 -0 - 004 from Ministry of Commer e and was in orporated on August 004, vide registration No. C- 59 004 with the Registrar of Jointc Companies and Firms, BangladeshLicenunder 26tion/2 of Comp3anies6 2 994, as a not for pr organcization. The c of JBCCI is sit15uated at Flat2# House # Floor), Road1(4#3)/28, Blo k # A, Banani, . JBCCI Board of Dire tors omprise of sec(Twelve)28 members (six frActom1 the Japan and six fromo�it Bangladesh). of�ice 3-B, 30 (3rd 1 c Dhaka-1213 c c 12 (b) Nature of Operations JBCCI has been established to provide a forum for sing and anging views of business onditions and issues, both do and international, affe ting Japanese and Bangladeshi ompanies. In further of this obje tive and with limiting the generality of discusobje t, the hamberexch shall be empowered in ac ord with the law for themestic time being in for e. c c ance c such c c cc ance To promote to trade and invcestment between Japan and Bangladesh over oming any impediment

To ourage and develop the establishment of Japan-Bangladesh joint vcenture in spe i areas of ommon interest. enc c �ic cTo utilize the expertise of the Chamber members to identify and develop opportunities for both Japanese and Bangladeshi ompanies.

To develop c between the and related organizations in both ountries. closer interaction private/public sector To support and expedite implementation of the de of the Japan-Bangladesh Joint Committee c for ommer ial and e ono o-operation. cision To cpla e jointc re omcmendamict ionsc to respe tive government on improving the environment for mutual trade, ommer e, industry, i and investment opportunities. c c c To develop synergyc wicth other hambers,� scal part arly in the Asian Region in pursuant of its obje tives. c icul To provide information, assista and advisory servi e to Japanese irm seeking to do business c with Bangladesh and Bangladeshi irm who are interested to promote and expand business a tivities with Japan. nce c � � Toc promote and organize meeting, onfere le tures, trade shows and other a tivities deemed it for the promotion of the Chamber's o tives. c nce, c c � 2. Basis of Preparation: bjec a) Basis of presentation of the �inancial statements The inan statements have been prepared under histori al ost onvention following a rual basis of

� cial c c c cc accounting. b) Functional and presentational currency These inan statements are prepared in Bangladeshi Taka, w is the organization’s fun tional urr y. All inan information presented in Taka has been rounded off to the nearest integer. � cial hich c c enc � cial

53 (c) Reporting Period The n ate over the period from 0 Apr 0 0 to 0 June 0 0.

�i ancial st ments c 1 il 2 2 3 2 2 3 Signi�icant Accounting Policies : The a ounting po set out below have been applied onsistently to all periods presented in inan statements. cc licies c �(a) cialProperty, Plant & Equipment (i) Recognition & measurements Property, plant & equipment are stated at ost less a umulated depre iation and impairment losses. The ost of a quisition omprises of pur hase pr in luding import duties and non-refundable taxes and any dire tly attributable ost of bringcing the assectcs to its working condition for its intended use. c c c c ice, c c c c (ii) Depreciation Depre iation is harged to the in ome statement under redu ing method over the estimated useful lives of ea h part of an item of property, plant and equipment. The estimated useful lives for urrentc and ompcarative periods acre as follows: c balance c c Computcer equipment 0% Furniture and ittings 5% Equipment 30% � 1 Camera 0% 2 (b)Lease 3 Due to low value and short-term of the lease i rent), the requirement of ‘IFR Lease’does not apply rather entity re ognises the lease payments as rent expense on a straight line basis over the term. (of� ce S-16 c (c) Revenue Recognition The ompany earns its in ome from the following sour es:

Subscriptionc and Admissionc fee c Chamber re eives annual sub ption and admission fee from their members. Annual sub ption and admission fee are re ognized when it is earned. c scri scri Interest on Bank Depositsc Chamber re eives bank interest from Fixed Deposit (FDR) and that in ome is re ognized when is earned. c Receipt c c (d) Provision for income tax liability No provision for in ome tax has been made on the of in ome over expenditure, while the asso iation is a ompany within the meaning of tion of the IT 984 and exmption erti t order fromc the on ern authority was not obtained.excess c c c sec 2 (20) O-1 c �ica e/ c c (e) Cash and cash equivalents Cash and ash equivalents in lude notes and oins on hand and with bank.

c c c balance

54 Amount in Taka As at As at Particulars 30 June 2020 31 Mar 2020

4.00 Property, Plant & Equipment 70,143 73,620

T Schedule-A. his represents the written down value of the �ixed assets held by the company as at the date of statement of 5.00 Investment�inancial Inposition. FDR Detail of the �ixed assets acquired by the company has been annexed in Opening Bala Add: Investment during the period - ,000 Interestnce re eived during the period 25,219,033 21,825,500 , 25,261,273 25,464,6572,000 c 42,240 1,639 158 Less: Bank Cha y) - Less: AIT rge (Excess dut 6,336 245,62410,000 Closing Balance 25,254,9376,336 25,219,033235,624

Details are given in Schedule-B

6.00 Advance, deposit & prepayment e to supplier - - urity Deposit For Of e Rent Advanc 42,000 42,000 Sec �ic 42,000 42,000 7.00 Receivable from members Opening Bala Add: Addition during the Period - 700,000 Less: Adjustmentnce during the period 720,000 (40,000)60,000 Closing Bal (7.01) 540,000 720,000 (7.02) (180,000) ance 7.01 Receivable member list Adhip Trading - Auto Museum Ltd. - Bangladesh Japan Cooperation Company Ltd. - 20,000 Brother International Singapore Pte. Ltd. - 20,000 Business Network Institute Ltd. - 20,000 DoggyMan Bangladesh Co., Ltd. - 20,000 FM Leather Ltd. - 20,000 Fast Value Global (BD) Ltd. - 20,000 GF Bangladesh Ltd. - 20,000 Japan International Cooperation A y(JICA) - 20,000 JBEC Ltd. - 20,000 Jennys Shoes Ltd. genc - 20,000 KSRM Steel Plant Ltd. - 20,000 lipse International - 20,000 Misuji Leather Goods Bangla Ltd - 20,000 MizLunaruho Ec Corporation Ltd. - 20,000 Moon Moon Enterprise - 20,000 Moor Trading - 20,000 Nippon Signal Company Ltd. - 20,000 NACS Bd. Co. Ltd. - 20,000 20,000 Nissenken Bangladesh Ltd. - 0,000 20,000 Pubali Cons tru tion Company Ltd. - 0 , 0 00 2 PHP Steels Limited - 0,000 c 2 Rahimafrooz Distribution Ltd. - 0,000 2 Rangs Ltd. - 0,000 2 S.S. Trading - 0 , 0 00 2 Solutions Lab Co. Ltd. - 0 , 0 00 2 Shanta Garments Ltd. - 0,000 2 TODHA (Pvt.) Ltd. - 0,000 2 Western Marine Servi es Ltd. - 0,000 2 Western Marine Shipyard Ltd. - 0 ,000 2 WIN POWER Ltd. c - 0 , 0 00 2 White Produ ts & Ele troni s Ltd. - 0 , 0 00 2 ZAQZAQ Super Store Ltd. - 0 , 0 00 2 Zisa's Fashiocn Ltd. c c - 0,000 2 - 700,000 55 2 7.0 Receivable collection list Shanta Garments 0,000 0,000 2 White Produ ts 0,000 - Solution Lab Co. Ltd. 20,000 2 - Auto Museumc Ltd. 20,000 - NACS BD Ltd. 20,000 - Moon Moon Enterprise 20,000 - Moor Trading 20,000 0,000 Win Power Ltd. 20,000 - Rahimafrooz Distribution 20,000 2 - 1820,000 40,000 8.00 AIT on FDR 2 Opening Balan e ,07 , 98 84 ,074 Add: Addition during the period , 5, 4 Closing Balancec 11,0836,0634 1,0761,698 6 336 23 62 9.00 Cash & Cash Equivalents Cash in hand 14,366 , 8 Cash at bank : ,05 ,787 ,0 , 78 00 487 0 0000 9 ) 16 3 2 (Prime Bank Ltd- A C - 2,071,153 2,039,560 2 6 2 23 1 0.00 Accumulated Fund/ 2132111 3 /13211 1 1 3 Opening Balan e 8,95 ,4 8 4,948,974 1 Add: Ex ess of In ome over Expenditure ( 98, 4) 4,004,454 c 2 3 2 2 28,3555,12394 28,953,428 Add: Adcjustment cagainst AIT on FDR - - 28,555,294 28,953,428 .00 Advance received from member Asian Motorbikes Ltd. 0,000 - 11 BJIT Ltd. 0,000 - Cres ent Lighting Ltd. 20,000 - Islam Aftab Kamrul & Co. 20,000 - Jamucna Bank Ltd. 20,000 - NACS Bd. Co. Ltd. 20,000 - NIPRO JMI COMPANY LTD. 20,000 - NYK Line (Bangladesh) Ltd 20,000 - NAAFCO (Pvt.) Ltd. 20,000 - O ean Network Express (Bangladesh) Ltd. 20,000 - Yusen Logisti s (Bangladesh) Ltd. 20,000 - c 2220,000 - .00 Liabilities forc expenses 2 Telephone bill Payable - 77 12 - 772 .00 Provision for Audit Fee 2 Opening Balan e 9,000 9 ,000 13 Add: Addition during the period 4,500 4,500 Less : Adjustmecnt during the year 6 - (572,500) Closing Balance 1033,500 639,000

4.00 Withholding Tax and VAT Liability Website Expenses 4, 50 4, 50 1 Photo opy & Stati o n a r y 5, 9 - Postage & Courier ,46 9 ,7684 Crest &c Banner ,71001 ,700 Repair & Maintenan e 03, 768 2, 8 Of i e Rent & Servi e Charge 422, 00 242,000 Internet expenses c 2 7,30 8 1 56,712 Pri�ncting c 752,69 72 ,7 181,7012 147,71103 5.00 Admission Fees 6 6 1 36 BANGLADESH NAXIS CO. LTD. - 0,000 1 Howlader Maria & Co. (HmAC) - 0,000 Saif Powerte Ltd. - 30,000 Mazada Consortium Ltd. - 30,000 Safesea Bangcladesh Ltd. - 30,000 Ba Bon Ltd. - 3 0,000 JTRADE Company Ltd. - 30,000 Cocn iden e Steel Ltd. - 30,000 3 � c 3 56 NAAFCO (Pvt.) Ltd. - 30,000 Toshiba Asia Paci ic Pte. Ltd. - 30,000 Atlas Logistics Bangladesh (Pvt.) Ltd. - 30,000 Homebound Pack�ers & Shippers Ltd. - 30,000 Rapid Transit Freight Ltd. - 30,000 Colgis BD Ltd. - 30,000 United Dhaka Tobacco Company Ltd. - 30,000 Japan Marketing Company Ltd. - 30,000 Japan-Bangladesh Friendship Medical Services Ltd. - 30,000 Reliable Steel Ltd. - 30,000 Tilottoma Trade Centre - 30,000 Yurtec Corporation - 30,000 Alencs Ltd. - 30,000 City Bank Ltd. - 30,000 CRC Textile Mills Ltd. - 30,000 Eve Dress Shirts Ltd. - 30,000 Hong Kong and Shanghai Banking Corporation Ltd.(HSBC) - 30,000 MKK Logistics - 30,000 Nurul Faruk Hasan & Co. Chartered Accountants (Deloitte In Bangladesh) - 30,000 - 810,000

16.00 Annual Membership Fees Abul Khair Steel Ltd. - 20,000 Aftab Automobiles Ltd. - 20,000 Ajinomoto Bangladesh Ltd. - 20,000 Asian Motorbikes Ltd. - 20,000 Akij Footwear Ltd. - 20,000 A.K. Khan & Co. Ltd. - 20,000 AKTIO Bangladesh Ltd. - 20,000 AB Bank Limited - 20,000 Asahi Consultants Ltd. - 20,000 Atom AP Ltd. - 20,000 Auto Museum Ltd. - 20,000 A. WAHAB & Co., Chartered Accountants - 20,000 Adhip Trading - 20,000 Agility Ltd. - 20,000 Ascott The Residence Ltd - 20,000 Apex Textile Printing Mills Ltd. - 20,000 Atlas Logistics Bangladesh (Pvt.) Ltd. - 20,000 Alencs Ltd. - 20,000 Bangla Poshak Ltd. - 20,000 Bangladesh AOTS Alumni Society (BAAS) - 20,000 Bangladesh Honda Private Ltd. - 20,000 Bangladesh IRIS Company Ltd. - 20,000 Bangladesh Japan Cooperation Company Ltd. - 20,000 Bangladesh Steel Re-Rolling Mills Ltd. - 20,000 BBJ Leather Goods Ltd. - 20,000 Bengal Fisheries Ltd. - 20,000 Bashundhara Paper Mills Ltd. - 20,000 BJIT Ltd. - 20,000 Brother International Singapore Pte. Ltd. - 20,000 Business Network Institute Ltd. - 20,000 BETELCO - 20,000 BacBon Ltd. - 20,000 BANGLADESH NAXIS CO. LTD. - 20,000 CAT Garment Co. Limited (Bangladesh) - 20,000 Chori Co. Ltd. Dhaka Liaison Of ice - 20,000 Contech Ltd. - 20,000 Conveyor Logistics Ltd. � - 20,000 Chupa Bangladesh Co.,Ltd - 20,000 Crown Navigation Co. (Pvt.) Ltd. - 20,000 Crescent Lighting Ltd. - 20,000 Colgis BD Ltd. - 20,000 Con idence Steel Ltd. - 20,000 City Bank Ltd. - 20,000 �

57 CRC Textile Mills Ltd. - 20,000 Daffodil International University - 20,000 Datasoft Systems Bangladesh Ltd. - 20,000 Dawn Trading International - 20,000 Dysin-Chem Ltd. - 20,000 Dhaka Evergreen Retirement Homes (Pvt.) Ltd. - 20,000 DoggyMan Bangladesh Co., Ltd. - 20,000 Eastern Motors Ltd. - 20,000 Eastern Bank Ltd. - 20,000 Everett Bangladesh (Private) Ltd. - 20,000 Expo Freight Ltd. - 20,000 eGeneration Group - 20,000 euglena GG Ltd. - 20,000 Eve Dress Shirts Ltd. - 20,000 FM Leather Ltd. - 20,000 Fast Value Global (BD) Ltd. - 20,000 Flora Ltd. - 20,000 Fukuya Health Food Co. Ltd. - 20,000 Galaxy World Logistics Ltd. - 20,000 GF Bangladesh Ltd. - 20,000 Gofran Trade Agency - 20,000 Graphic Machinery & Equipment Ltd. - 20,000 Haq's Bay Automobiles Ltd. - 20,000 Highspeed Shipbuilding & Heavy Engineering Co. Ltd. - 20,000 HNS Automobiles Ltd. - 20,000 Helios Holding Co. Ltd.,Bangladesh Branch Of ice - 20,000 HAISON International Ltd. - 20,000 Harimao BD Ltd. � - 20,000 Howladar Yunus & Co. Chartered Accountants - 20,000 Homebound Packers & Shippers Ltd. - 20,000 Howlader Maria & Co. (HmAC) - 20,000 Hong Kong and Shanghai Banking Corporation Ltd. - 20,000 Infradev Associates Ltd. - 20,000 I.R. Bulb Co. Ltd. - 20,000 Islam Aftab Kamrul & Co. - 20,000 ITOCHU Corporation, Dhaka Liaison O ice - 20,000 Investors Services Co. Ltd. - 20,000 I-K Properties � - 20,000 3i Logistics (Pvt.) Ltd. - 20,000 Index Holdings Ltd. - 20,000 Jaba Tour Ltd. - 20,000 Jamuna Bank Ltd. - 20,000 Japan International Cooperation Agency(JICA) - 20,000 Japan Medic Ltd. - 20,000 Japan Solartech Bangladesh Ltd. - 20,000 Juki Machinery Bangladesh Ltd. - 20,000 JBEC Ltd. - 20,000 JBF Digital Trading Co. Ltd. - 20,000 Jennys Shoes Ltd. - 20,000 JETRO , Dhaka Of ice - 20,000 Juki Bangladesh Ltd. - 20,000 Japan-Bangladesh� Friendship Medical Services Ltd. - 20,000 Japan Marketing and Consultancy Ltd. - 20,000 J TRADE Company Ltd. - 2 0 , 0 0 0 K2 Logistics Bangladesh Ltd. - 2 0 , 0 0 0 Karnaphuli Fertilizer Co. Ltd. (KAFCO) - 2 0 , 0 0 0 K. K. Automobiles - 2 0 , 0 0 0 Kojima Lyric Garments Ltd. - 2 0 , 0 0 0 KSRM Steel Plant Ltd. - 2 0 , 0 0 0

58 Leatherex Footwear Industries Ltd. - 20,000 Lunar Eclipse International - 20,000 Limo Electronics Ltd. - 20,000 Misuji Leather Goods Bangla Ltd - 20,000 Marubeni Corporation, Dhaka Of ice - 20,000 Matin Spinning Mills Ltd. (DBL Group) - 20,000 McDonald Steel Building Product�s Ltd. - 20,000 Mitsubishi Corporation, Dhaka Of ice - 20,000 Mitsui & Co. (Asia Paci ic) Pte. Ltd., Dhaka Branch - 20,000 Mizuho Corporation Ltd. � - 20,000 MUFG Bank, Ltd. � - 20,000 Multi Freight Ltd. - 20,000 Murata Machinery Bangladesh Ltd. - 20,000 Moon Moon Enterprise - 20,000 MMX Advertising Communication(MACOMM) - 20,000 Mayekawa Mfg .Co.,Ltd - 20,000 Mitsubishi Corporation Dhaka Metro Project Of ice ( Branch) - 20,000 Mariners Transport System Co. Ltd. - 20,000 Minori & Partners Ltd. � - 20,000 Moor Trading - 20,000 Mazada Consortium Ltd. - 20,000 MKK Logistics - 20,000 NACS Bd. Co. Ltd. - 20,000 Nagase Singapore (Pte) Ltd.Bangladesh Liaison Of ice - 20,000 Navana Ltd. - 20,000 NEC Corporation , Dhaka Branch O ice � - 20,000 NewVision Solutions Ltd. - 20,000 NeXT Business Management Servic�es Ltd. - 20,000 Nippon & McDonald Steel Industries Ltd. - 20,000 Nippon Express Bangladesh Ltd. - 20,000 Nippon Kaiji Kyokai - 20,000 NIPRO JMI COMPANY LTD. - 20,000 Nissenken Bangladesh Ltd. - 20,000 NOVO CARGO SERVICES LTD. - 20,000 NYK Line (Bangladesh) Ltd - 20,000 N. Mohammad Plastic Ind. Ltd. - 20,000 NS Construction Ltd. - 20,000 Nippon Signal Company Ltd. - 20,000 NAAFCO (Pvt.) Ltd. - 20,000 Nurul Faruk Hasan & Co. Chartered Accountants (Deloitte In Bangladesh) - 20,000 Op-Seed Co., (BD) Ltd. - 20,000 Ocean Network Express (Bangladesh) Ltd. - 20,000 Oriental Enterprise - 20,000 Paci ic Associates Ltd - 20,000 Pubali Construction Company Ltd. - 20,000 Paci�ic Jeans Ltd - 20,000 Paci ic Motors Ltd. - 20,000 Pan �Paci ic Sonargaon Hotel - 20,000 Paci�ic Quality Control Centre Ltd. - 20,000 Pegasus �Sewing Machine Pte. Ltd., Bangladesh Liaison Of ice - 20,000 Penta-Ocean Construction Co. Ltd. - 20,000 Peoples Ceramic Industries Ltd. � - 20,000 PHP Steels Ltd. - 20,000 Pleiades Bangladesh Ltd. - 20,000 Pleiades Construction & Consulting Ltd. - 20,000 Premier Bank Ltd. - 20,000 Prime Bank Ltd. - 20,000 Q & Q Trading Ltd. - 20,000 QNS Container Services Ltd. - 20,000 Rahimafrooz Distribution Ltd. - 20,000 Rancon Motor Bikes Ltd. - 20,000 Rangs Electronics Ltd. - 20,000 Rangs Ltd. - 20,000

59 Rapid Transit Freight Ltd. - 20,000 Remex Corporation Ltd. - 20,000 Rieko Printing and Packaging (Pvt.) Ltd. - 20,000 Robi Axiata Ltd. - 20,000 Rogress Boeki Co. Ltd.,Bangladesh Liaison Of ice - 20,000 Rancon Auto Industries Ltd. - 20,000 Reliable Steel Ltd. � - 20,000 Sail International Ltd. - 20,000 SANTACRUZ Auto Air Conditioning - 20,000 S. Alam Enterprise - 20,000 Sanyo Engineering & Construction Inc.,Bangladesh Branch Of ice - 20,000 SERACO Japan Ltd. - 20,000 Sha iq Mizan Rahman & Augustine, Chartered Accountants � - 20,000 Shanta Garments Ltd. - 20,000 SIM�EC Ltd. - 20,000 Silver Composite Textile Mills Ltd. - 20,000 S M Knitwears Ltd. - 20,000 S.S. Trading - 20,000 Sumitomo Corporation Asia & Oceania Pte. Ltd. - 20,000 Swift Logistic Services Ltd - 20,000 SHIP Aichi Medical Service Ltd. - 20,000 Shams Engineering - 20,000 Shell Corporation Bangladesh Ltd. - 20,000 Supersign Industeies (Electrical) Ltd. - 20,000 Solutions Lab Co. Ltd. - 20,000 Safesea Bangladesh Ltd. - 20,000 Saif Powertec Ltd. - 20,000 Teijin Frontier Co., Ltd.(Bangladesh Liaison Of ice) - 20,000 Tilottoma Trade Centre - 20,000 TM Textiles and Garments Ltd. � - 20,000 TODHA (Pvt.) Ltd. - 20,000 Toka Ink Bangladesh Ltd - 20,000 Tokyu Construction Co., Ltd. Dhaka Branch Of ice - 20,000 Toray International Inc.,Bangladesh Liaison Of ice - 20,000 Towa Personal Protective Device Bangladesh L� td. - 20,000 Toyota Tsusho Corporation, Dhaka Liaison Of i�ce - 20,000 Trade Services International - 20,000 TS Tech Bangladesh Ltd. � - 20,000 Tokyo Consulting Firm Ltd. - 20,000 Toyota Auto Advance - 20,000 TEKKEN Corporation (Branch Of ice) - 20,000 Toshiba Asia Paci ic Pte. Ltd. - 20,000 Terra Motors Bangladesh Ltd. � - 20,000 UHM Ltd. � - 20,000 Uniqlo Co., Ltd. Bangladesh Liaison Of ice - 20,000 Uttara Automobiles Ltd. - 20,000 Uttara Motors Ltd. � - 20,000 Uranus Freight Logistics Ltd. - 20,000 United Dhaka Tobacco Company Ltd. - 20,000 Walton Hi-Tech Industries Ltd. - 20,000 Western Marine Services Ltd. - 20,000 Western Marine Shipyard Ltd. - 20,000 White Products & Electronics Ltd. - 20,000 WIN POWER Ltd. - 20,000 Yurtec Corporation - 20,000 YKK Bangladesh Pte Ltd. - 20,000 Yusen Logistics (Bangladesh) Ltd. - 20,000 Yamagata Dhaka Friendship Hospital - 20,000 ZAQZAQ Super Store Ltd. - 20,000 Zisa's Fashion Ltd. - 20,000 Zeeshan International Agencies Pvt. Ltd. - 20,000 4,520,000

60 Schedule-A

COST DEPRECIATION Written down AdditionJapan-BangladeshAdjustment Chamber of CommerceRate of and IndustryCharged (JBCCI) Balance as Balance as at Balance as at Balance as at value as at 30 during the duringSchedule the of Fixed AssetsDep. during the at 30 June 01 April 2020 30 June 2020 01 April 2020 June 2020 year year As at 30 June 2020 year 2020 30% - 30% - - 20% 153,558 - - 15% 6,072 Sl. # Particulars - 492 33,126 - 153,066 2,774 61 159,630 225 Total: 159,630 - - 93,240 1 32,901 27,160 35,900 - 35,900 1,429 70,763 2 Computer & Printer 91,810 34,137 120,400 1,330 350,687 3 Camera 120,400 69,433 70,143 104,900 - - 104,900 3,477 4 347,210 Furniture & Fixture 420,830 420,830 Of�ice Equipment

As at 31 March 2020 420,830 420,830 329,706 17,505 347,210 73,620 - Schedule-B Japan - Bangladesh Chamber of Commerce and Industry (JBCCI) - Schedule of Investment in FDR Bank Closing2,366,536 Opening balance Addition - Principal As at 30 June 2020 Charge/ Balance1,477,436 Sl No. FDR No. Bank Name as at during the Interest from FDR AIT - - Amount (BDT) Excise as589,305 at 01 April 2020 period - - - Duty 30 June 2020 - - 3,810,238 Prime Bank Ltd. - - - 1,016,469 Prime Bank Ltd. - - - - 1,419,295 1 Prime Bank Ltd. - - 2,366,536 - 1,432,637 2 - 3,153 Prime Bank Ltd. - 1,967,726 2132415007255 800,000 1,477,436 3,183 - 3 Prime Bank Ltd. - 589,305 21,021 - 1,235,019 4 2132412009767 500,000 - - Prime Bank Ltd. 21,219 2,303,455 2132412006839 200,000 3,810,238 - 5 Prime Bank Ltd. - - 62 - - 3,454,819 6 2132413011283 1,500,000 1,016,469 - - Prime Bank Ltd. - 2,182,000 7 2132419011121 1,401,427 - - - Jamuna Bank Ltd. 700,000 - 2,000,000 2132411013372 1,414,601 8 Jamuna Bank Ltd. - - 1,000,000 - 25,254,936 9 2132419014588 1,967,726 - - LankaBangla Finance Ltd. 1,000,000 - 10 2132415008063 1,235,019 - LankaBangla Finance Ltd. 1,500,000 - 6,336 0030-0330024249 2,303,455 - 11 1,000,000 0030-0330025837 3,454,819 - 42,240 12 2,000,000 001122800000638 2,182,000 13 3,000,000 - 000929300000270 2,000,000 2,000,000 1165850368894 2,000,000 25,219,032 Eastern Bank Ltd. 17,200,000 List of JBCCI Members

01. Abul Khair Steel Ltd. 59. euglena GG Ltd. 02. Aftab Automobiles Ltd. 60. Eve Dress Shirts Ltd. 03. Ajinomoto Bangladesh Ltd. 61. Fast Value Global (BD) Ltd. 04. Asian Motorbikes Ltd. 62. Flora Ltd. 05. Akij Footwear Ltd. 63. Fukuya Health Food Co. Ltd. 06. A.K. Khan & Co. Ltd. 64. Galaxy World Logistics Ltd. 07. AKTIO Bangladesh Ltd. 65. Gofran Trade Agency 08. AB Bank Ltd. 66. Graphic Machinery & Equipment Ltd. 09. Asahi Consultants Ltd. 67. Haq's Bay Automobiles Ltd. 10. Atom AP Ltd. 68. Highspeed Shipbuilding & Heavy Engineering Co. Ltd. 11. Auto Museum Ltd. 69. HNS Automobiles Ltd. 12. A. WAHAB & Co., Chartered Accountants 70. Helios Holding Co. Ltd.,Bangladesh Branch O ce 13. Adhip Trading 71. HAISON International Ltd. 14. Agility Ltd. 72. Harimao BD Ltd. 15. Ascott The Residence Ltd 73. Howladar Yunus & Co. Chartered Accountants 16. Apex Textile Printing Mills Ltd. 74. Homebound Packers & Shippers Ltd. 17. Atlas Logistics Bangladesh (Pvt.) Ltd. 75. Howlader Maria & Co. (HmAC) 18. Alencs Ltd. 76. Hong Kong and Shanghai Banking Corporation Ltd. 19. Ananda Shipyard and Slipways Ltd. 77. Infradev Associates Ltd. 20. Asian Petroleum Ltd. 78. I.R. Bulb Co. Ltd. 21. Altum Infratech Ltd. 79. Islam Aftab Kamrul & Co. 22. Alta Fuel Ltd. 80. ITOCHU Corporation, (Dhaka Liaison O ce) 23. Anshin International Co., Ltd. 81. Investors Services Co. Ltd. 24. Bangla Poshak Ltd. 82. I-K Properties 25. Bangladesh AOTS Alumni Society (BAAS) 83. 3i Logistics (Pvt.) Ltd. 26. Bangladesh Honda Private Ltd. 84. Index Holdings Ltd. 27. Bangladesh IRIS Company Ltd. 85. Jaba Tour Ltd. 28. Bangladesh Steel Re-Rolling Mills Ltd. 86. Jamuna Bank Ltd. 29. BBJ Leather Goods Ltd. 87. Japan International Coopration Agency - JICA (Honorary Member) 30. Bengal Fisheries Ltd. 88. Japan Medic Ltd. 31. Bashundhara Paper Mills Ltd. 89. Japan Solartech Bangladesh Ltd. 32. BJIT Ltd. 90. Juki Machinery Bangladesh Ltd. 33. Brother International Singapore Pte. Ltd. 91. JBF Digital Trading Co. Ltd. 34. Business Network Institute Ltd. 92. Jennys Shoes Ltd. 35. BETELCO 93. JETRO , Dhaka O ce 36. BacBon Ltd. 94. Juki Bangladesh Ltd. 37. BANGLADESH NAXIS CO. Ltd. 95. Japan-Bangladesh Friendship Medical Services Ltd. 38. CAT Garment Co. Ltd. (Bangladesh) 96. Japan Marketing and Consultancy Ltd. 39. Chori Co. Ltd. Dhaka Liaison O ce 97. JTRADE Company Ltd. 40 Contech Ltd. 98. JCX Developments Ltd. 41. Conveyor Logistics Ltd. 99. K2 Logistics Bangladesh Ltd. 42. Chupa Bangladesh Co.,Ltd 100. Karnaphuli Fertilizer Co. Ltd. (KAFCO) 43. Crown Navigation Co. (Pvt.) Ltd. 101. K. K. Automobiles 44. Crescent Lighting Ltd. 102. Kojima Lyric Garments Ltd. 45. Colgis BD Ltd. 103. Leatherex Footwear Industries Ltd. 46. Condence Steel Ltd. 104. Limo Electronics Ltd. 47. City Bank Ltd. 105. Marubeni Corporation, Dhaka O ce 48. CRC Textile Mills Ltd. 106. Matin Spinning Mills Ltd. (DBL Group) 49. Daodil International University 107. McDonald Steel Building Products Ltd. 50. Datasoft Systems Bangladesh Ltd. 108. Mitsubishi Corporation, Dhaka O ce 51. Dawn Trading International 109. Mitsui & Co. (Asia Pacic) Pte. Ltd., Dhaka Branch 52. Dysin-Chem Ltd. 110. MUFG Bank, Ltd. 53. Dhaka Evergreen Retirement Homes (Pvt.) Ltd. 111. Multi Freight Ltd. 54. Eastern Motors Ltd. 112. Murata Machinery Bangladesh Ltd. 55. Eastern Bank Ltd. 113. Moon Moon Enterprise 56. Everett Bangladesh (Private) Ltd. 114. MMX Advertising Communication(MACOMM) 57. Expo Freight Ltd. 115. Mayekawa Mfg .Co.,Ltd 58. eGeneration Group 116. Mitsubishi Corporation Dhaka Metro Project O ce ( Branch)

63 List of JBCCI Members

117. Mariners Transport System Co. Ltd. 171. Sail International Ltd. 118. Minori & Partners Ltd. 172. SANTACRUZ Auto Air Conditioning 119. Moor Trading 173. S. Alam Enterprise 120. Mazada Consortium Ltd. 174. Sanyo Engineering & Construction Inc., Bangladesh Branch O ce 121. MKK Logistics 175. SERACO Japan Ltd. 122. MAX Infrastructure Ltd. 176. Shaq Mizan Rahman & Augustine, Chartered Accountants 123. NACS Bd. Co. Ltd. 177. Shanta Garments Ltd. 124. Nagase Singapore (Pte) Ltd.Bangladesh Liaison O ce 178. SIMEC Ltd. 125. Navana Ltd. 179. Silver Composite Textile Mills Ltd. 126. NEC Corporation , Dhaka Branch O ce 180. S M Knitwears Ltd. 127. NewVision Solutions Ltd. 181. Sumitomo Corporation Asia & Oceania Pte. Ltd. 128. NeXT Business Management Services Ltd. 182. Swift Logistic Services Ltd 129. Nippon & McDonald Steel Industries Ltd. 183. SHIP Aichi Medical Service Ltd. 130. Nippon Express Bangladesh Ltd. 184. Shams Engineering 131. Nippon Kaiji Kyokai 185. Shell Corporation Bangladesh Ltd. 132. NIPRO JMI COMPANY LTD. 186. Supersign Industeies (Electrical) Ltd. 133. Nissenken Bangladesh Ltd. 187. Solutions Lab Co. Ltd. 134. NOVO CARGO SERVICES LTD. 188. Safesea Bangladesh Ltd. 135. NYK Line (Bangladesh) Ltd 189. Saif Powertec Ltd. 136. N. Mohammad Plastic Ind. Ltd. 190. Teijin Frontier Co., Ltd. Bangladesh Liaison O ce 137. NS Construction Ltd. 191. Tilottoma Trade Centre 138. Nippon Signal Company Ltd. 192. TM Textiles and Garments Ltd. 139. NAAFCO (Pvt.) Ltd. 193. TODHA (Pvt.) Ltd. 140. Nurul Faruk Hasan & Co. Chartered Accountants (Deloitte In Bangladesh) 194. Toka Ink Bangladesh Ltd 141. Naruto Japan Co. Ltd. 195. Tokyu Construction Co., Ltd. Dhaka Branch O ce 142. Op-Seed Co., (BD) Ltd. 196. Toray International Inc.,Bangladesh Liaison O ce 143. Ocean Network Express (Bangladesh) Ltd. 197. Towa Personal Protective Device Bangladesh Ltd. 144. Oriental Enterprise 198. Toyota Tsusho Corporation, Dhaka Liaison O ce 145. Pacic Associates Ltd 199. Trade Services International 146. Pacic Jeans Ltd 200. TS Tech Bangladesh Ltd. 147. Pacic Motors Ltd. 201. Tokyo Consulting Firm Ltd. 148. Pan Pacic Sonargaon Hotel 202. Toyota Auto Advance 149. Pacic Quality Control Centre Ltd. 203. TEKKEN Corporation (Branch O ce) 150. Pegasus Sewing Machine Pte. Ltd., Bangladesh Liaison O ce 204. Toshiba Asia Pacic Pte. Ltd. 151. Penta-Ocean Construction Co. Ltd. 205. Terra Motors Bangladesh Ltd. 152. Peoples Ceramic Industries Ltd. 206. UHM Ltd. 153 PHP Steels Ltd. 207. Uniqlo Co., Ltd. Bangladesh Liaison O ce 154. Pleiades Bangladesh Ltd. 208. Uttara Automobiles Ltd. 155. Pleiades Construction & Consulting Ltd. 209. Uttara Motors Ltd. 156. Premier Bank Ltd. 210. Uranus Freight Logistics Ltd. 157. Prime Bank Ltd. 211. United Dhaka Tobacco Company Ltd. 158. Q & Q Trading Ltd. 212. Unileaf Design & Sourcing Ltd. 159. QNS Container Services Ltd. 213. Walton Hi-Tech Industries Ltd. 160. Rahimafrooz Distribution Ltd. 214. Western Marine Shipyard Ltd. 161. Rancon Motor Bikes Ltd. 215. White Products & Electronics Ltd. 162. Rangs Electronics Ltd. 216. WIN POWER Ltd. 163. Rangs Ltd. 217. Yurtec Corporation 164. Rapid Transit Freight Ltd. 218. YKK Bangladesh Pte Ltd. 165. Remex Corporation Ltd. 219. Yusen Logistics (Bangladesh) Ltd. 166. Rieko Printing and Packaging (Pvt.) Ltd. 220. Yamagata Dhaka Friendship Hospital 167. Robi Axiata Ltd. 221. ZAQZAQ Super Store Ltd. 168. Rogress Boeki Co. Ltd., Bangladesh Liaison O ce 222. Zisa's Fashion Ltd. 169. Rancon Auto Industries Ltd. 223. Zeeshan International Agencies Pvt.Ltd 170. Reliable Steel Ltd. 224. Dr. Muhammad Abdul Mazid (Honorary Member) List of Members who have not paid the Membership Fee yet 1. Bangladesh Japan Cooperation Company Ltd. 7. Mizuho Corporation Ltd. 2. DoggyMan Bangladesh Co., Ltd. 8. Pubali Construction Company Ltd. 3. FM Leather Ltd. 9. S.S. Trading 4. GF Bangladesh Ltd. 10. JBEC Ltd. 5. Lunar Eclipse International 11. KSRM Steel Plant Ltd. 6. Misuji Leather Goods Bangla Ltd 12. Western Marine Shipyard Ltd.

64 JAPAN-BANGLADESH CHAMBER OF COMMERCE AND INDUSTRY

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