Loan for Semiconductor Photomask Manufacturing and Sales Business of Taiwanese Subsidiary of Toppan Photomask Co., Ltd.
Supporting Overseas Business Expansion of Japanese Company in Semiconductor Sector

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

1. The Japan Bank for International Cooperation (JBIC; Governor: HAYASHI Nobumitsu) signed today a loan agreement amounting to up to JPY500 million (JBIC portion) with TOPPAN CHUNGHWA ELECTRONICS CO., LTD. (TCE), a Taiwanese subsidiary of Toppan Photomask Co., Ltd. (Toppan Photomask). The loan is co-financed with Sumitomo Mitsui Banking Corporation, bringing the total co-financing amount to JPY1 billion.
     
2. The loan is intended to finance the funds necessary for TCE to manufacture and sell semiconductor photomasks^*1 in Taiwan.
     
3. In Taiwan, the demand for semiconductor photomasks has been rising against the background of the expanding semiconductor market. Toppan Photomask intends to capture such growing demand through additional capital investment into the Taiwan market. TCE’s photomasks are used for semiconductor devices produced by Taiwanese semiconductor makers. Since the devices are also supplied to Japanese companies, the loan will help to strengthen their supply chain resilience as well. Furthermore, it will support Toppan Photomask’s overseas business expansion, thereby contributing toward maintaining and improving the international competitiveness of Japanese industries.
     
4. As Japan’s policy-based financial institution, JBIC will continue to provide financial support to assist Japanese companies in the overseas expansion of their businesses by drawing on its various financial facilities and schemes for structuring projects and by performing its risk-assuming function.
     

Note

1. *1 
   Semiconductor photomasks are essential elements in semiconductor manufacturing. They are used to transfer a circuit pattern onto a silicon wafer, a substrate of semiconductor material.