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Hometown Investment Trust Funds in Japan

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Abstract

Keeping with the theme of “Hometown Investment Trust (HIT) funds in Japan,” in this chapter we focus mainly on the initiatives of our company, Music Securities.

We provide some examples of micro-investment corresponding to HIT funds (small investments aimed at regional development) and our “Securité Disaster Area Support Funds” to recover from natural catastrophes.

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Notes

  1. 1.

    The name of this fund has so far been translated in more ways than one. The World Bank (2011) called it the “Japan Earthquake Securité Supporting Fund” while the United Nations (2012) refers to it as “Disaster Site Support Fund.” Others categorise this fund under the broader name of “Earthquake Relief Fund.” The name used in this text is a direct translation of the Japanese name, reflecting the name of our company, Music Securities.

References

  • United Nations Centre for Regional Development (UNCRD) (2012) Case study on reconstruction towards sustainable communities in Tohoku area. UNCRD, Nagoya, p 4. http://www.uncrd.or.jp/events/doc/[Iwate]%20Case%20Study%20on%20Reconstruction%20towards%20Sustainable%20Communities%20in%20Tohoku%20Area.pdf. Accessed 31 Oct 2012

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  • World Bank (2011) Knowledge note 4–5, cluster 4 recovery planning, livelihood and job creation. World Bank, p 15. http://wbi.worldbank.org/wbi/Data/wbi/wbicms/files/drupal-acquia/wbi/drm_kn4-5_0.pdf. Accessed 31 Oct 2012

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Correspondence to Masami Komatsu .

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© 2013 Springer Japan

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Komatsu, M. (2013). Hometown Investment Trust Funds in Japan. In: Yoshino, N., Kaji, S. (eds) Hometown Investment Trust Funds. Springer, Tokyo. https://doi.org/10.1007/978-4-431-54309-1_3

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