JVCA Japan Venture Capital Association - Japan Venture Capital Association JVCA

Greeting

	Since its launch in November 2002 with 70 inaugural members (including companies and individuals),the Japan Venture Capital Association (JVCA) has exerted every effort to fulfill its initial objectives of strengthening reciprocal collaboration and cultivating both the venture capital (VC) industry as well as venture businesses generally. In the ensuing period, we have continued to proactively engage in the research of industrialization in overseas countries. At the same time, we have offered courses in venture capitalist development and implemented proficiency tests. Turning to the legal framework applicable to the VC industry, we have also drafted proposals and requests in connection with amendments to the Financial Instruments and Exchange Act, Compaine Act and taxation system for submission to the relevant government agencies. As a result, the Association has attracted a growing number of members, who agree with its direction and activities. In this regard, JVCA now boasts 120 corporate and individual members. How to maximize the ablity of venture businesses to secure significant breakthroughs and to lead them to becoming more competitive in the global market are pressing issues in realizing new growth strategies for Japan. The role and responsibility of venture capital are therefore expected to become even more important. Our goals are accordingly to adequately support entrepreneurs while measuring up to the expectations of investors such as limited partners of funds. Through these means, we will endeavor to contribute to the further development of the Japanese economy. As we redouble our efforts toward achieving our mission, we ask for your continued support and patronage. July 2011 Toshihisa Adachi Chairman Japan Venture Capital Association

Since its launch in November 2002 with 70 inaugural members (including companies and individuals),the Japan Venture Capital Association (JVCA) has exerted every effort to fulfill its initial objectives of strengthening reciprocal collaboration and cultivating both the venture capital (VC) industry as well as venture businesses generally.

In the ensuing period, we have continued to proactively engage in the research of industrialization in overseas countries. At the same time, we have offered courses in venture capitalist development and implemented proficiency tests. Turning to the legal framework applicable to the VC industry, we have also drafted proposals and requests in connection with amendments to the Financial Instruments and Exchange Act, Compaine Act and taxation system for submission to the relevant government agencies. As a result, the Association has attracted a growing number of members, who agree with its direction and activities. In this regard, JVCA now boasts 120 corporate and individual members.

How to maximize the ablity of venture businesses to secure significant breakthroughs and to lead them to becoming more competitive in the global market are pressing issues in realizing new growth strategies for Japan. The role and responsibility of venture capital are therefore expected to become even more important. Our goals are accordingly to adequately support entrepreneurs while measuring up to the expectations of investors such as limited partners of funds. Through these means, we will endeavor to contribute to the further development of the Japanese economy.

As we redouble our efforts toward achieving our mission, we ask for your continued support and patronage.

July 2011
Toshihisa Adachi
Chairman
Japan Venture Capital Association