does not cite any sources . please help improve this article by adding citations to reliable sources . unsourced material may be challenged and removed . december 2009 learn how and when to remove this template message development bank of japan inc. type private industry finance predecessor development bank of japan est. 1951 founded in 2008 as development bank of japan inc. headquarters tokyo japan number of locations 10 branches 8 general offices 2 overseas representative offices 1 overseas subsidiary key people president minoru murofushi products financing products investment products consulting and advisory services number of employees 1064 at the end of 2008 slogan applying financial expertise to design the future website http www.dbj.jp en index.html development bank of japan inc. dbj kabushiki gaisha nippon seisaku t shi gink is a japanese corporation incorporated on 1 october 2008 under the development bank of japan inc. law law no. 85 of 2007 . current ownership structure of dbj is solely owned by the government of japan through minister of finance . contents 1 overview 2 history 3 financial information at the end of 2008 4 external links overview edit according to its corporate philosophy of applying financial expertise to design the future the new dbj mission is to build customer trust and realize an affluent society by problem solving through creative financial activities . based on the new dbj law the bank provides integrated investment and loan services to domestic and international clients . a large number of the clients are japanese companies requiring basic investments . dbj provides most of them at low and flexible interest rates and so the default rate is very low . history edit 1947 january establishment of rehabilitation finance corporation 1951 april development bank of law established . consequently development bank of japan was formed 1956 june hokkaid t hoku development finance public corporation was formed under establishment of hokkaid t hoku development finance public corporation law htdfc law 1957 june after amendment of htdfc law hokkaid t hoku development finance public corporation was merged into development bank of japan 1999 june amended development bank of japan law established 1999 october transfer of approval of all rights and responsibilities of japan development bank and hokkaido tohoku development finance public corporation to the development bank of japan 2008 october dissolution of the existing development bank of japan and establishment of a new corporation the development bank of japan inc. financial information at the end of 2008 edit total asset 14.0174 trillion yen or 153.88 billion usd lending balance 12.0266 trillion yen or 132.03 billion usd capital ratio bis 18.69 % exchange rate 1 usd vs 91.09 yen on 18 september 2008 external links edit excerpt from the new dbj law law no. 85 of 2007 company website retrieved from https en.wikipedia.org w index.php title development bank of japan & oldid 740772381 categories finance in japangovernment owned companies of japandevelopment finance institutionshidden categories use dmy dates from july 2013articles lacking sources from december 2009all articles lacking sourcesarticles containing japanese language text navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages edit links this page was last modified on 23 september 2016 at 05 30 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non profit organization . privacy policy about wikipedia disclaimers contact wikipedia developers cookie statement mobile view