Corporate Guide.Indd
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Corporate Guide Corporate Guide Published/March 2016 Business Planning Division, Planning & Research Department, The Okinawa Development Finance Corporation 1-2-26 Omoromachi, Naha-shi, Okinawa 900-8520 TEL.098-941-1740 FAX.098-941-1925 http://www.okinawakouko.go.jp/ ◎This pamphlet has been prepared using environmentally-friendly vegetable oil ink and recycled paper. CORPORATE GUIDE CONTENTS Overview of The Okinawa Development Finance Corporation Additional Materials Profile 02 History 20 Overview of Operations 03 Organization 21 Branches 22 Outline of Loans and Investment Systems Types of Funds 06 Industrial Development Loans 07 Small and Medium-sized Enterprise(SME) Loans 08 Micro Business Loans 09 Environmental Health Business Loans 10 Fuzhou Medical Service Loans 11 Taipei Primary Sector Loans 12 (Agriculture, Forestry, Fisheries) Housing Loans 13 Investments 14 Investments for the Creation of New Businesses 15 The Okinawa Development Finance Corporation Unique Funding Systems 16 Io-Torishima Island Okinawa Islands Iheya Island Izena Island Aguni Island Ie Island Okinawa Main Island Kume Island Senkaku Islands Taisho Island Kerama Islands Kuba Island Kitadaito Island Overview of The Okinawa Uotsuri Island Minamidaito Island Development Finance Corporation Daito Islands Irabu Island Miyako Island Sakishima Islands Profile ・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・ 02 Yonaguni Island Tarama Island Miyako Islands Iriomote Island Ishigaki Island ・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・ Okidaito Island Overview of Operations 03 Yaeyama Islands Taketomi Island Hateruma Island 01 Sapporo ● CORPORATE GUIDE CONTENTS Overview of The Okinawa ● Pyongyang Development Finance Corporation Additional Materials Beijing ● Profile 02 History 20 Seoul ● ● Tokyo Overview of Operations 03 Organization 21 Branches 22 Fukuoka ● Outline of Loans and Investment Systems Types of Funds 06 ● Shanghai Industrial Development Loans 07 Small and Medium-sized Enterprise(SME) Loans 08 Micro Business Loans 09 Environmental Health Business Loans 10 1,000km 2,000km 3,000km Fuzhou Okinawa Medical Service Loans 11 ● Taipei Primary Sector Loans 12 ● (Agriculture, Forestry, Fisheries) ● Housing Loans 13 Hong Kong Investments 14 Investments for the Creation of New Businesses 15 The Okinawa Development Finance Corporation Unique Funding Systems 16 Manila ● Io-Torishima Island Okinawa Islands Iheya Island Izena Island Aguni Island Ie Island Okinawa Main Island Kume Island Senkaku Islands Taisho Island Kerama Islands Kuba Island Kitadaito Island Overview of The Okinawa Uotsuri Island Minamidaito Island Development Finance Corporation Daito Islands Irabu Island Miyako Island Sakishima Islands Profile ・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・ 02 Yonaguni Island Tarama Island Miyako Islands Iriomote Island Ishigaki Island ・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・・ Okidaito Island Overview of Operations 03 Yaeyama Islands Taketomi Island Hateruma Island 01 Profile Overview of Operations Community-based Comprehensive Finance Corporation Profile of The Okinawa As a region-specific comprehensive policy-based financial institution, the ODFC offers services equivalent to the services provided by the Japan Finance Corporation, the Japan Housing Finance Agency, and the Welfare and Medical Service Agency(excluding social welfare loans) on the mainland, as well as a unique system that responds to regional political Development Finance Corporation issues, investment for regional development or business revitalization, and venture investment in an integrated fashion. Development Finance Corporation Profile of The Okinawa The Okinawa Development Finance Corporation(ODFC) is a government-affiliated financial institution that provides Providing industrial development loans, small and medium-sized enterprise loans, micro policy-based finance in a centralized and comprehensive business loans, educational loans, pension-secured loans, housing loans, primary sector (1) Loan programs manner. loans(agriculture, forestry, fisheries), medical service loans, and environmental health business loans. Acquiring corporate bonds issued to raise long-term funds needed for businesses that (2) Acquisition of On May 15, 1972, when Okinawa was returned to Japan, the ODFC contribute to the promotion and development of industries in Okinawa or needed to corporate bonds was established under“the Okinawa Development Finance promote the business of small and medium ‒sized enterprises operating in Okinawa. 1. Establishment Corporation Law” with the purpose of providing policy-based finance in Okinawa in a centralized and comprehensive manner. (3) Guarantee of Guarantee of debts for long-term funds needed for businesses that contribute to the liabilities promotion and development of industries in Okinawa. For the purpose of promoting the development of industries in (4) Assignment of Acquiring loan claims for long-term funds needed for businesses that contribute to the Okinawa, the ODFC provides long-term funds to complement or claims promotion and development of industries in Okinawa. encourage private financial institutions’ financing and private investment. In addition, the ODFC is intended to contribute to the Investing funds needed for businesses that contribute to the promotion and (5) Investments promotion of the economy and society of Okinawa by providing funds development of industries in Okinawa. to Okinawan people to whom funds are not adequately supplied by 2. Purpose private financial institutions, including persons who need housing, (6) Investments for Investing funds needed for businesses that promote the creation of new business in those who are engaged in agriculture, forestry, or fisheries, those who the creation of manage medium and small-sized companies, those who plan to Okinawa and contribute to the promotion of industries in Okinawa. new businesses establish a hospital or other medical facilities, environmental health related business operators, etc. Swapping loans held by an enterprise that is distressed but could be revitalized for [Okinawa Development Finance Corporation Law(Act No.31 of May 13, 1972) Article 1] (7) Debt equity swap equities(DES)(limited to loans for small and medium- sized enterprises, micro businesses, agriculture, forestry and fisheries, environmental health). 75.8 billion yen(as of Mar. 31, 2015) Being entrusted with the securitization support business of the Japan Housing Finance 3. Capital Agency, the review and collection business of the Organization for Workers’ Retirement The ODFC is wholly owned by the Japanese Government. (8) Agency services Allowance Mutual Aid, and the loan claim management and collection business of the former Government Pension Investment Fund in the Welfare and Medical Service Agency. 4. Number of Directors and Director : 5, Employee : 211(budgetary fixed number for FY2015) ▼ Loan programs of the ODFC Employees Okinawa Okinawa Development Finance Corporation 5. Number of 6 branches Branches Industrial ・ Micro business loans Primary sector loans development ・ Educational loans (agriculture, forestry, fisheries) loans ・ Pension-secured loans 6. Agencies 11 financial institutions, 255 locations(as of Mar. 31, 2015) Environmental Housing Medical Small and medium-sized health business loans service loans Chief Director Masanori Fukuyama enterprise loans loans Deputy Director Tadaaki Udo Director Masayasu Kawai Mainland 7. Directors Director Tadaaki Gushiken Director Yoshihisa Kawakami Small and medium Agriculture, Japan Housing enterprise(SME) unit forestry, Finance Agency Auditor(part-time auditor) Masaaki Takezawa (as of Dec. 31, 2015) fisheries and food business unit Micro business 8. Amount of and individual unit Welfare and Medical Service Investment and 821.2 billion yen(as of Mar. 31, 2015) Agency Outstanding Loans Japan Finance Corporation 02 03 Profile Overview of Operations Community-based Comprehensive Finance Corporation Profile of The Okinawa As a region-specific comprehensive policy-based financial institution, the ODFC offers services equivalent to the services provided by the Japan Finance Corporation, the Japan Housing Finance Agency, and the Welfare and Medical Service Agency(excluding social welfare loans) on the mainland, as well as a unique system that responds to regional political Development Finance Corporation issues, investment for regional development or business revitalization, and venture investment in an integrated fashion. Development Finance Corporation Profile of The Okinawa The Okinawa Development Finance Corporation(ODFC) is a government-affiliated financial institution that provides Providing industrial development loans, small and medium-sized enterprise loans, micro policy-based finance in a centralized and comprehensive business loans, educational loans, pension-secured loans, housing loans, primary sector (1) Loan programs manner. loans(agriculture, forestry, fisheries), medical service loans, and environmental health business loans. Acquiring corporate bonds issued to raise long-term funds needed for businesses that (2) Acquisition of On May 15, 1972, when Okinawa was returned to Japan, the ODFC contribute to the promotion and development of industries in Okinawa or needed to corporate bonds was established under“the Okinawa Development Finance promote the business of small and medium ‒sized enterprises operating in Okinawa. 1. Establishment Corporation Law” with the purpose of providing policy-based finance in Okinawa in a centralized and comprehensive manner. (3) Guarantee of Guarantee of debts