ICHIJYU Industrial Science and Technology Promotion Foundation

“Japan has extremely limited natural resources,” declared the very first Nikkiso chairman, Shinkichi Oto. “That makes individual productivity especially important. My goal is to help enhance our quality of life by fostering industrial science and technology.”

Inheriting both this vision and property, Nikkiso founder Keijiro Oto established the foundation in November 1962. Many of the factors that define Japan have changed little since the foundation was created. The significance of the foundation’s existence and the importance of its activities continue to grow. Our purpose is to contribute to the development of industrial science and technology, thereby contributing to society and helping to realize the mission identified by our founder.

Name	ICHIJYU Industrial Science and Technology Promotion Foundation
Date of foundation	November 28, 1962
Assets	79.0 million yen as of June 2009
President	Toshihiko Kai (President of Nikkiso Co., Ltd.)
Purpose	To fund research on industrial science and technology and similar areas to contribute to the development of Japan’s industrial science and technology capabilities. Subsidy for research in industrial science and technology Subsidy for inventions and new ideas in industrial science and technology Any other projects needed to fulfill the purpose of this foundation
Funding recipients	Colleges, universities, research institutes, scholars, and students at home and abroad (either individuals or groups, without regard for age or specific qualifications)
Yearly funds granted	4 million yen in total in 2009