Loan for Finance Business Required for Manufacturing and Sales of Electric Appliances by Japanese Company
Supporting Overseas Business Expansion of Japanese Company under the Growth Investment Facility

• Region: Others
• Manufacturing and Services
• Overseas Investment Loans

1. The Japan Bank for International Cooperation (JBIC; Governor: MAEDA Tadashi) signed a loan agreement^*1 with Sharp Corporation (Sharp). The loan is provided under JBIC’s Growth Investment Facility^*2 and is co-financed with private financial institutions.
     
2. This loan is intended to provide Sharp’s subsidiaries all around the world with the funds necessary for the manufacturing and sales of the products of Sharp, through its overseas financial subsidiary.
     
3. Sharp is a general electric appliance company that manufactures and sells a wide range of products, from LCD TVs to home appliances. It runs a broad range of businesses worldwide and backs its global manufacturing and sales network for Sharp's products through the overseas financial subsidiary. This loan supports such Sharp’s overseas business, thereby contributing to maintaining and strengthening the international competitiveness of Japanese industry.
     
4. As Japan’s policy-based financial institution, JBIC will continue to support the overseas business expansion of Japanese companies by drawing on its various financial facilities and schemes for structuring projects and by performing its risk-assuming function.
     

Note

1. *1 
   The loan agreement was signed on October 16, 2020.
2. *2 
   See Announcements on January 31, 2020 and May 1, 2020.