INCJ Announces Its 9th Investment in 2010

Innovation Network Corporation of Japan announced its 9th direct investment in 2010. INCJ is to invest JPY 1.25 billion (USD 15 million) through a third party allotment to Nakamura Choko, a manufacturer of special precision components that utilize abrasion-resistance materials (http://www.nakamura-gp.co.jp/index_en.html ). Nakamura aims to boost the sales of diamond saw wire products, which are used to cut solar power silicons and LED components. INCJ will assist Nakamura to capture a substantial global market share in this rapidly growing segment.