ANNOUNCEMENT 28 Sep 2018
On September 28th, 2018, the Japanese Innovation Network Corporation of Japan (INCJ) made a capital investment in Tanita Health Link.
NUMBER OF INTERVENTIONS
INCJ (2018)「健康寿命延伸のためのオープンプラットフォーム事業に取り組むタニタヘルスリンクへの出資について」Investment in Tanita Health Link tackling open platform business for healthy life extension
More information about INCJ's relation with the Tanita Health Link can be found at
On September 28th, 2018, the Innovation Network Corporation of Japan (INCJ) announced a capital injection in the Japanese company " Tanita Health Link" with a total value of up to 2.3 billion yen (30.8 million USD). The investment relates to Tanita Health Link's healthcare-related data systems and management in the healthcare sector.
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.