April, 2011

Recent Disaster In JapanAnd

DBJ's Role For Reconstruction

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Disclaimer

Copyright © Development Bank of Japan Inc. 2011This material is created by Development Bank of Japan Inc. (DBJ)

This material has been prepared solely for the purposes of consideration and discussionbetween you and DBJ. This material is not intended as a solicitation or an offer to buy or sellany financial instrument, product, service or investment or for any other transaction. DBJ doesnot guarantee any feasibility of transactions described herein.

This material is prepared based on current generally held views on the economy, society andso forth, as well as certain assumptions reasonably made by DBJ. However, the informationand content are not warranted as to completeness or accuracy and are subject to changewithout notice, due to change in the business environment or other reasons.

Please note that DBJ is not responsible for any action taken based on this material and notransactions described herein should be entered into without the independent advice oflawyers, accountants and/or other professional advisors where appropriate. Also please notethat it is strictly prohibited to copy, extract or disclose all or any part of this material (includingany attachments hereof) without prior written consent from DBJ.

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1. OVERVIEW OF DBJ

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1-1. DBJ’s Profile (non-consolidated, as of January 31, 2011)

Established: October 1, 2008(Former Japan Development Bank: 1951, Former Hokkaido-Tohoku Development Finance Public Corporation: 1956)

Total assets: ¥15,567.2 billion (as of March 31, 2010) ($183 bn)Loans: ¥13,538.0 billion (Year ended March 31, 2010) ($159 bn)Capital adequacy ratio: 18.79% (as of March 31, 2010)Credit Ratings: Aa2 (Moody's Investors Service, Inc),

A+ (Standard & Poor's Corp.)Number of employees: 1,079 (as of March 31, 2010)Offices: Head office, 10 Branch offices, 8 representative offices,

1 overseas representative office, 2 overseas subsidiariesGoverning Law: Development Bank of Japan Inc LawOwnership: Japanese Ministry of Finance (100%)

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1-2. Locations

Locations and Directory (as of November 10, 2009)

1-3. Our History

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October1, 2008:Privatization

(conversion to a joint-stock company)Development Bank of

Japan Inc.

Chiba SteelworksKawasaki Steel Corporation (JFE Steel Corporation)

Facility modernizationToyota Motor Corporation

Reconstruction and

independence of the

economy (1951-1955)

High-growth infrastructure development (1956-1965)

Improvements to quality of life

andstable supply

of energy(1972-1984)

Development of lifestyle, social infrastructureand a smooth

industrial transformation

(1985-1995)

Creating avibrant,

affluent society and

stable economy (1996-2000)

Cashmilon acrylic staple fiber plantAsahi Chemical Industry Co., Ltd.(Asahi Kasei Corporation)

The Tonegawa MaruKawasaki Kisen Kaisha, Ltd.

Tamahara & ImaichiPumped Storage Power StationsTokyo Electric Power Co., Inc.

Shinjuku new urban center: Shinjuku Mitsui Building and others (Tokyo)

Development of international

competitiveness and social

development loans (1966-1971)

Mizushima RefineryNippon Mining Co., Ltd. (Japan Energy Corporation)

Trinitron color television factory Sony Corporation

Yamagata bullet-train Yamagata JR ChokkoTokkyu Holdings

Pacific Convention Plaza Yokohama: Yokohama Minato Mirai 21 (MM21)

Financial solutions that support the

community, the environment

and technology(From 2001)

Independent power producer (IPP) power generation operationsNakayama Joint Power Generation Co., Ltd.

Earthquake reconstruction (1995 Great Hanshin-Awaji Earthquake reconstruction)Hankyu Corporation

Business regeneration for local enterprisesThe Former Niigata Tekkosho Co., Ltd.

Toyo Tires Turnpike(formerly the Hakone Turnpike)Japan’s first infrastructure fund in collaboration with Australia’s Macquarie Bank.

1-4. DBJ’s International Operation

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Focuses are on

Strategic collaboration with reliable partners such as Development Finance Institutions Multilaterals (World Bank, IFC,

ADB, etc) Investment/commercial banks Private equity fund managers

Geographically, ASIA

Strategically & robustly increase our international assets

Mid-term plan :Strategic Focus & Full Development

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March 2009 March 2011

USD

bill

ion

INTERNATIONAL EXPOSURE

North America

Europe

Asia

2. THE TOHOKU-PACIFIC OCEAN EARTHQUAKE

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2-1. Tohoku-Pacific Ocean Earthquake

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Tokyo

Sendai First Major impactTime :14:46Magnitude :9.0

Third Major impactTime :15:15Magnitude :7.3

200km

500km

Second Major impactTime :15:08Magnitude :7.3

FocalArea

Most heavily-damagedprefectures

Fukushima Prefecture

Miyagi Prefecture

Iwate Prefecture

Ibaraki Prefecture

Toho

kuR

egio

n

Epicenter

• From 14:46 Friday, March 11, 2011, an initial magnitude 9.0 earthquake and aseries of subsequent earthquakes in a focal area 200km wide and 500km longstruck the coast of the entire northeastern region of Japan, the Tohoku Region.

• The earthquake was immediately followed by lines of giant tsunami, whose effectwas magnified by the deeply-indented coastline unique to the Tohoku Region.

• The earthquake and tsunami triggered fire throughout the struck region adding tothe dreadful impact.

(person)Prefecture Dead Missing Injured EvacueesMiyagi 8,161 8,027 3,037 48,303Iwate 3,838 4,116 154 45,319Fukushima 1,271 3,003 239 24,809Ibaraki 23 1 691 732Chiba 18 2 223 1,117Tokyo 7 0 77 915Others 15 1 455 19,273Total 13,333 15,150 4,876 140,468

Data: As of April 13, 2011; Prime Minister of Japan and his Cabinet.

2-2. Casualties & Damages

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Total:28,483

Human casualties

Structural damages

• The disaster killed over 13,000 people and left 15,000 peoplemissing. Over 140,000 people have been forced to leave theirhomes as evacuees (as of April 12, 2011).

• The tsunami swept out many cities, and the cost of reconstructionof the economy is estimated to be $180 billion (¥14.6 trillion) in thenear term and could be as close to $1 trillion in the long term(Reuters March14, 2011)

(buildings)

Prefecture Completely-destroyed Half-destroyed Partially-

destroyedMiyagi 36,772 3,468 6,740Iwate 18,742 1,024 550Fukushima 2,417 959 6,945Ibaraki 711 3,453 77,070Chiba 706 1,636 15,612Tokyo 3 6 239Others 455 2,186 48,295Total 59,806 12,732 155,451

Data: As of April 13, 2011; Prime Minister of Japan and his Cabinet.

Tokyo

Sendai

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2-3. Fukushima Daiichi Nuclear Power Plant• Tokyo Electric’s Fukushima-Daiichi Nuclear Power Plant

was significantly damaged by the disaster.• Cooling systems for the nuclear fuel were disabled, causing

hydrogen explosions which destroyed the building coveringthe reactors leading to an elevated risk of radioactivecontamination of food and water, and exposure of peoplewithin the region.

• Evacuation calls were issued to residents around the plantfrom an early stage of the incident and are still in effect.

Fukushima Daiichi Nuclear Power Plant

No.3 Reactor

No.4 Reactor

No.2Reactor

No.1Reactor

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2-4. Warm Hands from All Around the World

• Warm hands of support were extended from all around the globe immediately after the disaster includingoffers of assistance from at least 134 countries & regions and 39 international organizations

• Of which Japan gratefully accepted• international disaster relief teams from 24 countries & regions and international organizations• relief supplies from 30 countries & regions and international organizations

3. DBJ’s ROLE FOR RECONSTRUCTION

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3-1. Crisis Response Operations • In response to the crisis, Japanese Government has decided to build in the first 2011FY supplementary

budget the crisis response loan program for corporate entities. The amount of the budget is still underdiscussion, but according to press reports up to around JPY 3 trillion (USD 35 billion) is anticipated.

• The loan will be addressed through government-designated financial institutions funded by JapanFinance Corporation to directly-damaged companies as well as companies affected by the disruption ofthe supply-chain, and those affected by reputation damage and power shortage caused by the nuclearpower plant accident.

• DBJ will function as one of the government-designated financial institutions to provide funds through thisprogram.

Private financial institutions

Shoko Chukin Bank

Japanese Government

Japan Finance Corporation

Companies

Market

Fiscal investment & loans

Government guarantee

Market fundingDesignation

Low-interest rate loans & financial indemnity

Low-interest rate loans, equity participations, CP purchasesFinancial support

Designatedfinancial institutions

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THANK YOU FOR YOUR ATTENTION&

HEARTFELT SUPPORT TO JAPAN.

Please contact:

Takayuki Yamamoto

General Manager, Head of International Strategy & Coordination DepartmentDevelopment Bank of Japan Inc.9-1, Otemachi 1-chome, Chiyoda-ku, Tokyo, 100-0004, JapanTel : +81-3-3244-1770Fax : +81-3-3270-4099Email: tkyamam@dbj.jp

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For further information