ANNOUNCEMENT 03 Aug 2018
On November 8th, 2018, the Innovation Network Corporation of Japan (INCJ) transferred their shares of Japanese cooperation Treasure Data Inc. to British company ARM.
NUMBER OF INTERVENTIONS
INCJ (2016). ビッグデータ解析プラットフォームの開発・販売をおこなう Treasure Data Inc.への出資を決定 ("Decided to invest in Treasure Data Inc., which develops and sells big data analysis platform"). Available at
INCJ (2018). Treasure Data Inc.の株式譲渡について ("Transfer of shares of Treasure Data Inc.")
More information about INCJ's relation with the Treasure Data Inc. can be found at
On December 16th, 2016, the Innovation Network Corporation of Japan (INCJ) transferred their 10 million USD worth of shares in Japanese company Treasure Data Inc to ARM Ltd. The investment relates to Treasure Data's cloud management software for collecting and analyzing big data.
On August 3rd, 2018, INCJ transferred their stocks to British company ARM Ltd.
About the Innovation Network Corporation of Japan (INCJ)
In 2009, INCJ was created as a public-private investment fund to financially support industries "next-generation businesses". INCJ supports projects that "combine technologies and varied expertise across industries and materialize open innovation.". According to the INCJ website, the fund has an investment capacity of up to USD 20 billion. Although characterized as a public-private partnership, in fact only 0.1 billion of the 2.6 billion USD invested in the fund was provided by the private sector. The rest came from the Japanese government. Of the 0.1 billion USD said to be contributed by the private sector, 13.6 million USD was in fact provided by the Development Bank of Japan, a state-owned bank.