NEDO profile EN

1 profile of NEDO Since it was established in 1980, NEDO has become one of the largest public research and development management organizations in Japan and has worked with the government to promote economic and industrial policies. In this role, NEDO undertakes technology development and demonstration activities to carry out two basic missions, addressing energy and global environmental problems and enhancing industrial technology, by integrating the combined efforts of industry, academia, and government. Regarding our first mission of addressing energy and global environmental problems, NEDO has been supporting the energy and environmental fields for more than 30 years. Following the Great East Japan Earthquake, the promotion of renewable energy and energy conservation has become extremely important.

2 Going forward, NEDO will continue to support technology development for achieving even higher efficiency and lower cost, with a primary goal of developing new technologies and ensuring that project results are introduced to the market. NEDO s second mission is to enhance the level of industrial technology, an extremely important undertaking considering the difficult conditions Japan is currently facing. In order to put new technologies to practical use and commercialize them for their introduction to society, now more than ever there is an increasing need for open innovation. NEDO will continue to play a key role as a catalyst for collaboration between industry, academia, and government by promoting exchanges of knowledge and ideas between private sector companies, universities, and public research institutes in a coordinated manner.

3 Furthermore, our Technology strategy Center was established in April 2014 to support carrying out our two missions. It formulates technology development strategies by conducting research studies, and plans and proposes new projects which incorporate its strategies. NEDO has also constructed a framework to help create innovation. For example, our project manager system is being used not only to improve management capabilities but also to enhance NEDO s role as an intermediary to facilitate the commercialization of innovative technology seeds. NEDO aims to increase the awareness of technology development strategies in society and also stimulate and support business-driven innovation through technology development, thereby accelerating economic growth.

4 In response to a recent increase in open and global innovation, NEDO has been actively promoting international demonstration projects in Europe, North America, and Asian countries. The projects aim at establishment of world standard technology as well as market development by drawing on established research networks in collaboration with foreign governments and relevant organizations. Through these efforts, NEDO believes that Japan s advanced energy, robotics, and other technologies can be disseminated worldwide so as to contribute to the resolution of global environmental and social issues. Fiscal year 2017 is the last year of NEDO s Third Five-Year Plan. NEDO will endeavor to achieve the goals of its current five-year plan, prepare a comprehensive assessment of the results, and reflect the results in preparing the next five-year plan.

5 In order to stimulate economic and industrial policies in cooperation with the Japanese government, NEDO will continue to fulfill its duty to contribute to the international community by producing innovation through industry-academia-government collaboration and achieving results in a timely has a unique technological capabilityNew Energy and Industrial Technology Development OrganizationChairman Kazuo Furukawa NEDO s MissionsAddressing energy and global environmental problemsNEDO actively undertakes the development of new energy ( , photovoltaic, wind power, biomass and waste, geothermal power, thermal utilization, and fuel cells) and energy conservation technologies. It also conducts research to verify technical results.

6 Through these efforts, NEDO promotes greater utilization of new energy and improved energy conservation. NEDO also contributes to a stable energy supply and the resolution of global environmental problems by promoting the demonstration of new energy, energy conservation, and environmental technologies abroad based on knowledge obtained from domestic industrial technologyWith the aim of raising the level of industrial technology, NEDO pursues research and development of advanced new technology. Drawing on its considerable management know-how, NEDO carries out projects to explore future technology seeds as well as mid- to long-term projects that form the basis of industrial development. It also supports research related to practical of NEDOT echnologyDevelopmentDemonstrationProject sUniversitiesResearchInstitutesIndustryG lobal marketNational government andMinistry of Economy,Trade and IndustryPolicy formulation(budgets, personnel, other)Problem-solving and support(energy, environment, other)System design(regulations, standards, other)Promoting practical applicationand boosting innovation(international standards, other)About NEDO NEDO is one of the largest public research and development management organizations in Japan.

7 NEDO was established as a governmental organization in 1980 to play an important part in Japan s economic and industrial policies. NEDO engages the collective expertise of industry, government, and academia to carry out mid- to long-term, high-risk, high-reward technology development Information and ProjectsBackground Information and ProjectsExamples of billion US million US dollarsNational Research and Development Agency New Energy and Industrial Technology Development Organization (NEDO)Business name: New Energy and Industrial Technology Development Organization (NEDO) Originally established on October 1, 1980; reorganized as an incorporated administrative agency on October 1, 2003 Operations relating to technology development management (national projects and practical application promotion activities) Minister of Economy, Trade and Industry Act on General Rules for Incorporated Administrative Agencies Act on the New Energy and Industrial Technology Development Organization 941 (as of April 1, 2017) Approximately billion US dollars (FY2017) (as of October 1, 2017)Chairman Mr.

8 Kazuo FurukawaPresident Mr. Akihiko MiyamotoExecutive Directors Dr. Masayoshi Watanabe, Mr. Shoji Kukita, Dr. Yoshiteru Sato Mr. Kiyoshi Imai, OmoteAuditors Mr. Nobuyoshi Naka, Ms. Mime EgamiDesignation Foundation Details of Major Operations Minister in Charge Governing Laws Personnel Budget ExecutivesBackground InformationOrganizationNEDO Project ActivitiesNational Projects NEDO coordinates and integrates the technological capabilities of private enterprises and research abilities of universities, instead of hiring its own researchers, and organizes technology development activities as national projects to realize fundamental technologies (including technology demonstrations) that are difficult for private enterprises to develop by themselves due to the high level of risk before practical application.

9 New energy ( million US dollars) Energy conservation ( million US dollars) Rechargeable batteries and energy systems (30 million US dollars) Clean coal technology ( million US dollars) Environment and resource conservation ( million US dollars) Electronics, information, and telecommunications ( million US dollars) Materials and nanotechnology ( million US dollars) Robot technology ( million US dollars) New manufacturing technology ( million US dollars) Crossover and peripheral fields ( million US dollars)NEDO aims to address energy problems and raise the level of industrial technology through integrated management of technology development from the discovery of technology seeds to the promotion of mid- to long-term projects and support for practical billion US dollarsHistory of NEDO 1974 Japan s long-term Sunshine Project to develop new energy technologies started 1978 Long-term Moonlight Project to develop energy conservation technologies startedOctober 1980 New Energy Development Organization established under the Law Concerning the Promotion of the Development and Introduction of Alternative Energy 1982 Alcohol production business activities transferred from the governmentOctober 1988 Industrial

10 Technology research and development added; name changed to New Energy and Industrial Technology Development Organization 1993 New Sunshine Project started 1996 Coal Mine Damage Agency integrated; coal mine damage compensation program added 2001 Based on the abolition of the Alcohol Monopoly Law, alcohol sales operations added October 2003 Incorporated Administrative Agency New Energy and Industrial Technology Development Organization established under the Act on the New Energy and Industrial Technology Development Organization 2006 Alcohol production and sales operations transferred to a special corporation; Kyoto Mechanisms Credit Acquisition Program added 2007 Coal mine damage recovery transitional operation completedApril 2015 Redesignated and renamed National Research and Development Agency New Energy and Industrial Technology Development Organization to reflect the enforcement of a partial amendment of the Act on General Rules for Incorporated Administrative Agencies and the Act on the New Energy and Industrial Technology Development Organization 2016 Kyoto Mechanisms Credit Acquisition Program DiscontinuedChairmanPresidentExecutive DirectorsTechnology strategy CenterProject Management OfficeInnovation Promotion DepartmentRobot and Artificial Intelligence Technology DepartmentAI Promotion DivisionInternet of Things Promotion