CEO’s Statement

The material and chemical industries are important industries that account for a substantial ratio of all industrial activities in Japan. Japanese companies have brought about many innovations in this field, supporting the growth and development of other industries as well. In recent years, the positioning of Japanese material and chemical companies in the global arena has improved dramatically with the growing prosperity of electronics product markets, as markets targeted by these companies have more than doubled over the past 10 years. At the same time, however, many companies have been struggling to achieve balanced profit structures, and have had to create new businesses or make changes to those profit structures.

We established Universal Materials Incubator Co., Ltd. (UMI) in October 2015 based on the vision of “Strengthening Japan’s technological capabilities by fostering outstanding material and chemical companies, and cultivating an industry structure that can compete in the global arena.” Our goal is to contribute to the outstanding technologies and businesses at Japanese companies and academic institutions that will lay the foundations for future industry and to the training of human resources essential to those activities, and to provide a platform for creating new business in these industries.

The establishment of Funds is the first step in building this platform. The path to creating new business will by no means be an easy one; this success can only be achieved with the cooperation and assistance of many partners in the material and chemical industries, and in other fields as well. Through the operation of Funds, and with your invaluable assistance, we hope to contribute to growth and innovations in the Japanese material/chemical industry.

Universal Materials Incubator Co., LTD
Managing PartnerShosuke Kiba

Team

Managing Partner

Shosuke Kiba

After joining Toyota Tsusho Corp., seconded temporarily to Toyota Motor Corp., and later worked in the startup of new business in the functional materials field, as well as investments in material related venture companies, and support for global rollout. In 2012, he joined The Innovation Network Corporation of Japan (currently INCJ, Ltd.), where he started up a material/chemicals team, and contributed to the planning of UMI, where he was formally named as a partner in April 2016. He completed degrees in the Graduate School of Science and Engineering, Waseda University, and the Graduate School of Bio-Applications and Systems Engineering, Tokyo University of Agriculture and Technology. He holds a Ph.D. in Engineering.

Partner

Yosuke Yamamoto

After joining JSR Corporation, he worked in the Corporate Planning Department, where he was involved in the creation of strategies, including medium-term management plans, as well as the startup of corporate venture capital (CVC) activities and the execution of investments. He served as General Manager of the Management Division at JSR Micro NV (a European subsidiary handling electronics materials), and also served as General Manager of the Strategy Division at Medical & Biological Laboratories Co., Ltd., where he was involved in PMI management and business development activities. He joined UMI in April 2017. He graduated from the Keio University Faculty of Economics, and completed a Graduate degree in International Management from the Aoyama Business School (ABS) at Aoyama Gakuin University.

Partner

Hirobumi Tani

Joined Tohmatsu & Co. (currently Deloitte Touche Tohmatsu LLC) in December 2007. Worked in statutory audits for companies listed on the 1st Section of the Tokyo Stock Exchange and provided support in corporate listings. Also involved in system audits, providing support in the construction of the Financial Instruments and Exchange Act (the Japanese version of the Sarbanes-Oxley Act), and voluntary audits based on International Financial Reporting Standards (IFRS) for non-listed foreign capital companies. He joined UMI in February 2017. Graduated from the Department of Economics, Faculty of Law & Economics, at Chiba University. Qualified as a Certified Public Accountant and a Certified Tax Accountant.

Chairman

Akira Watanabe

Akira Watanabe Joined the Long-Term Credit Bank of Japan, Ltd. (currently Shinsei Bank, Ltd.) in 1983. After serving as Managing Executive Officer and General Manager of the Financial Markets Division as well as Auditor for the Shinsei Bank Group, in June 2016, he was appointed President of APLUS FINANCIAL Co., Ltd., a Shinsei Bank affiliate. He also worked as an Advisor at APLUS FINANCIAL before being appointed to his current position as Chairman of UMI .
During his time with the Shinsei Bank Group, he worked in operations related to markets, governance, and consumer operations. He graduated from the University of Tokyo Faculty of Law.

Director(Mission Executive at TDK Corp.)

Takehiro Kamigama

Joined Tokyo Denki Kagaku Kogyo K.K. (currently TDK Corp.) in 1981. Worked in the HDD Head Business. Seconded to Hong Kong in 1988, and over the next 18 years, secured the global top share in HDD Heads. He was appointed Corporate Officer in 2002, President in 2006, and Chairman in 2016. Through M&As, he contributed to strengthening business profitability and expanding TDK’s business fields. He currently serves as Outside Director for OMRON Corp., Yamaha Motor Co., Ltd., and SoftBank Corp., as well as Mission Executive at TDK Corp. Graduated from the Nagasaki University School of Engineering.

Audit & Supervisory Board Member (Managing Partner of Wada Accounting Office)

Yoshiyuki Wada

He served as Senior Partner in charge of Business Development at Chuo Audit Corporation, as well as President and CEO at ChuoAoyama Financial Service, Director at ChuoAoyama Consulting, and Senior Partner at Grant Thornton Taiyo LLC. He graduated from the Chuo University Faculty of Commerce with a Bachelor’s Degree in Accounting, and is qualified as a Certified Public Accountant (CPA).

Company Profile

Company Name
Universal Materials Incubator Co., Ltd.
Capital and Capital Reserve
36 million JPY
Main Shareholder
INCJ, Ltd.
Development Fund for New Technologies of Chemicals and Materials
Established
October 6, 2015
Address
Konwa Bldg. 4F
Tsukiji 1-12-22, Chuo-ku
Tokyo, 104-0045, Japan
TEL +81-3-5148-5241 FAX +81-3-5148-5242
MAP
Board of Directors
  • Akira Watanabe
  • Shosuke Kiba
  • Takehiro Kamigama(Mission Executive at TDK Corp.)
  • Yoshiyuki Wada(Managing Partner of Wada Accounting Office)
  • Yosuke Yamamoto
  • Hirobumi Tani
Legal Counsel
Shigeki Tatsuno ( Anderson Mori & Tomotsune, Partner )

Outline of Operating Fund

Name
UMI 1 Limited Partnership
Total Commitment
10.01 billion JPY
Established
January 1, 2016
Duration
December 31,2023
(Possible duration would be until July 31, 2024)
Name
UMI 2 Limited Partnership
Total Commitment
7.51 billion JPY (As of january, 2020.)
Established
April 1, 2019
Duration
March 31, 2029
(Possible duration would be until March 31, 2031)