Overall Program Summary - SPF58 Overall Program Summary I n fiscal 2005, SPF implemented a total of...

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58 Overall Program Summary I n fiscal 2005, SPF implemented a total of 82 projects, including both regular and special-fund projects, with an aggregate expenditure of about ¥1.03 billion. Subtracting project operation expenditures, ¥712 million was spent on projects in fiscal 2005, ¥61 million more than in fiscal 2004. Project expenditure* by the Sasakawa Pan Asia Fund, whose income had risen thanks to grants from The Nippon Foundation to increase the Fund’s endow- ment, accounted for ¥42 million of the total, but project expenditure* on special funds aside from the Sasakawa Japan-China Firendship Fund and on regular projects also rose slightly. This was due to an improving investment climate in fiscal 2005 as well as better asset-management returns as a result of efforts to improve SPF’s bond portfolio. After an “ice age” of more than 10 years, during which time project expenditure* fell every year in a harsh financial climate, glimmers of sunlight could finally be seen. SPF’s Operational Guidelines for the Third Midterm Program were due to be revised in fiscal 2005, but because the Foundation’s twentieth anniversary would fall in fiscal 2006, it was decided to draw up the next guidelines after a review of past performance was completed. As a result, the present guidelines will remain in force until fiscal 2007. In the category of regular projects (endowment ¥50 billion, expenditure* ¥227 million—¥1 million more than the previous year), new projects included both initiatives addressing new issues and projects building on past achievements in search of still better outcomes. Among the former were Building Open Patent Pool Model, Study on Establishing an Evalua- tion Certification System, and Action Research on NPO Financial and Narrative Reporting. The latter included Developing Teaching Materials on Bioethics and Their Evaluation, Promoting Implementation of UN Handbook on NPI Satellite Account in Asia, and Voices from West Asia: Promoting Dialogue and Mutual Effort within and from the Region. The Sasakawa Pacific Island Nations Fund (endowment ¥3 billion, expenditure* ¥25 million—¥5 million more than the previous year) implemented exchange projects that respect the values and cultural identity of each island society and projects to develop human resources in the field of distance education. Steady activities over many years have borne fruit. For example, as a result of the project Forming a Distance Education Alliance for Progress in the Western Pacific, the Pacific Distance Learning Alliance has been established. The Sasakawa Japan-China Friendship Fund (endowment ¥10 billion, expenditure* ¥77 million— same as the previous year) supported exchange and human resource development projects in the field of Japan-China security and exchange projects to promote Chinese understanding of Japan. In a time of less than optimal intergovernmental exchange, the Fund’s exchange projects, taking advantage of the strengths and the unique channels of a private-sector organization, have had significant success. The project Japan-China Young History Researchers Conference, meanwhile, published the findings of five years of research simultaneously in Japan and China to high acclaim. Central European countries that have gained member- ship in the European Community have taken on the new role of transferring their own transitional expe- riences to neighboring countries. The Sasakawa Central Europe Fund (endowment ¥4 billion, expenditure* ¥28 million—¥11 million more than the previous year) concentrated on developing projects addressing this new task, initiating the projects E-Nonprofit- Learning and Promotion of Overseas Nonprofit Activities in Slovakia and Hungary. Meanwhile, the project Promotion of “Percentage” Philanthropy in Central and Eastern Europe, which concluded this year, has proved useful to the many countries interested in such legislation. Grants to increase the endowment of the Sasakawa Pan Asia Fund (endowment ¥12.5 billion, expendi- ture* ¥354 million—¥42 million more than the previous year) have created an environment conducive to enlarging the size of projects. In addition to expanding projects in India and other South Asian countries, a region addressed since fiscal 2003, the Fund undertook diverse projects responsive to the international situation in a broad sweep of regions, including people exchange and human resource development projects in the Indochinese countries and Myanmar (long a priority region), human resource development and policy research projects in Central Asia and the Caucasus, and projects in Northeast and West Asia. * = project expenditures excluding operational costs

Transcript of Overall Program Summary - SPF58 Overall Program Summary I n fiscal 2005, SPF implemented a total of...

Page 1: Overall Program Summary - SPF58 Overall Program Summary I n fiscal 2005, SPF implemented a total of 82 projects, including both regular and special-fund projects, with an aggregate

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Overall Program Summary

In fiscal 2005, SPF implemented a total of 82projects, including both regular and special-fundprojects, with an aggregate expenditure of about¥1.03 billion. Subtracting project operation

expenditures, ¥712 million was spent on projects infiscal 2005, ¥61 million more than in fiscal 2004.Project expenditure* by the Sasakawa Pan Asia Fund,whose income had risen thanks to grants from TheNippon Foundation to increase the Fund’s endow-ment, accounted for ¥42 million of the total, butproject expenditure* on special funds aside from theSasakawa Japan-China Firendship Fund and onregular projects also rose slightly. This was due to animproving investment climate in fiscal 2005 as well asbetter asset-management returns as a result of effortsto improve SPF’s bond portfolio. After an “ice age” ofmore than 10 years, during which time projectexpenditure* fell every year in a harsh financialclimate, glimmers of sunlight could finally be seen.

SPF’s Operational Guidelines for the Third MidtermProgram were due to be revised in fiscal 2005, butbecause the Foundation’s twentieth anniversary wouldfall in fiscal 2006, it was decided to draw up the nextguidelines after a review of past performance wascompleted. As a result, the present guidelines willremain in force until fiscal 2007.

In the category of regular projects (endowment ¥50billion, expenditure* ¥227 million—¥1 million morethan the previous year), new projects included bothinitiatives addressing new issues and projects buildingon past achievements in search of still betteroutcomes. Among the former were Building OpenPatent Pool Model, Study on Establishing an Evalua-tion Certification System, and Action Research onNPO Financial and Narrative Reporting. The latterincluded Developing Teaching Materials on Bioethicsand Their Evaluation, Promoting Implementation ofUN Handbook on NPI Satellite Account in Asia, andVoices from West Asia: Promoting Dialogue andMutual Effort within and from the Region.

The Sasakawa Pacific Island Nations Fund(endowment ¥3 billion, expenditure* ¥25 million—¥5million more than the previous year) implementedexchange projects that respect the values and culturalidentity of each island society and projects to develophuman resources in the field of distance education.Steady activities over many years have borne fruit. For

example, as a result of the project Forming a DistanceEducation Alliance for Progress in the Western Pacific,the Pacific Distance Learning Alliance has beenestablished.

The Sasakawa Japan-China Friendship Fund(endowment ¥10 billion, expenditure* ¥77 million—same as the previous year) supported exchange andhuman resource development projects in the field ofJapan-China security and exchange projects topromote Chinese understanding of Japan. In a time ofless than optimal intergovernmental exchange, theFund’s exchange projects, taking advantage of thestrengths and the unique channels of a private-sectororganization, have had significant success. The projectJapan-China Young History Researchers Conference,meanwhile, published the findings of five years ofresearch simultaneously in Japan and China to highacclaim.

Central European countries that have gained member-ship in the European Community have taken on thenew role of transferring their own transitional expe-riences to neighboring countries. The Sasakawa CentralEurope Fund (endowment ¥4 billion, expenditure*¥28 million—¥11 million more than the previous year)concentrated on developing projects addressingthis new task, initiating the projects E-Nonprofit-Learning and Promotion of Overseas NonprofitActivities in Slovakia and Hungary. Meanwhile, theproject Promotion of “Percentage” Philanthropyin Central and Eastern Europe, which concludedthis year, has proved useful to the many countriesinterested in such legislation.

Grants to increase the endowment of the SasakawaPan Asia Fund (endowment ¥12.5 billion, expendi-ture* ¥354 million—¥42 million more than theprevious year) have created an environment conduciveto enlarging the size of projects. In addition toexpanding projects in India and other South Asiancountries, a region addressed since fiscal 2003, theFund undertook diverse projects responsive to theinternational situation in a broad sweep of regions,including people exchange and human resourcedevelopment projects in the Indochinese countriesand Myanmar (long a priority region), humanresource development and policy research projects inCentral Asia and the Caucasus, and projects inNortheast and West Asia.

* = project expenditures excluding operational costs

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Overall Program Summary

RegularProjects

SasakawaPacificIsland

Nations Fund

SasakawaJapan-ChinaFriendship

Fund

SasakawaCentral

Europe Fund

SasakawaPan Asia

Fund Total

FY2003 26 projects 8 projects 12 projects 5 projects 28 projects 79 projects

435,735 57,639 114,258 67,588 249,530 924,750

FY2004 22 projects 6 projects 12 projects 4 projects 35 projects 79 projects

389,815 46,861 141,427 41,478 342,970 962,551

FY2005 19 projects 4 projects 11 projects 6 projects 42 projects 82 projects

403,816 50,348 138,347 49,606 385,124 1,027,241

Notes:

(1) Each of the projects in multiple-project programs is counted.

(2) As these figures have been rounded down to the closest ¥1,000, their totals may not coincide exactly with those in the project overview and

the financial statement.

Grant-Funded Projects 14 projects 1 project 6projects 4 projects 28 projects 53 projects

121,169 8,302 35,587 23,950 208,584 397,592

Self-Operated Projects 5 projects 3 projects 5 projects 2 projects 14 projects 29 projects

282,647 42,045 102,760 25,657 176,540 629,649

Project Operation Expenditures (176,503) (25,245) (61,000) (21,210) (31,579) (315,537)

Program Development and

Research Expenditures (59,803) (0) (3,727) (0) (14,978) (78,508)

Communications Expenses (26,917) (0) (0) (0) (0) (26,917)

Notes:

(1) Each of the projects in multiple-project programs is counted.

(2) As these figures have been rounded down to the closest ¥1,000, their totals may not coincide exactly with those in the project overview and

the financial statement.

(3) Internal Operations include SPF’s Project Operation Expenditures, Program Development and Research Expenditures, and Communi-

cations Expenses.

(units: ¥1,000)

(units: ¥1,000)

Ongoing Projects 8 projects 2 projects 5projects 2 projects 21 projects 8 projects

79,044 20,194 49,312 12,613 197,881 359,044

Newly Started Projects 8 projects 1 project 4 projects 3 projects 19 projects 35 projects

61,549 4,909 24,308 15,783 140,866 247,235

Internal Operations 3 projects 1 project 2 projects 1 project 2 projects 9 projects

263,223 25,245 64,727 21,210 46,557 420,962

RegularProjects

SasakawaPacificIsland

Nations Fund

SasakawaJapan-ChinaFriendship

Fund

SasakawaCentral

Europe Fund

SasakawaPan Asia

Fund Total

Transition in Project Implementation Over Recent Years

Fiscal 2005 Project Summary

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Overview of Fiscal 2005 Projects

Regular Projects

I. Toward the Coexistence of Pluralistic Values ¥86,337,982

1. Initiatives in Comprehensive Understanding of Civilizational Issues ¥41,164,193International Comparative Analysis to Assess

the Impact of Intellectual Property Developments on the Conduct of Science ¥11,459,240Building a Database for Life Sciences: The Market and Public Interest ¥10,934,402Building Open Patent Pool Model ¥10,970,551Developing Teaching Materials on Bioethics and Their Evaluation ¥7,800,000

2. Dialogue and Exchange on Common Regional Issues ¥5,745,100

Voices from West Asia: Promoting Dialogue and Mutual Effort within and from the Region ¥5,745,100

3. Information Sharing and Dissemination to the Global Community ¥39,428,689“Get Across the Voices of Asia” Program/Phase II ¥11,796,154Issues of Intellectual Property Rights in Pharmaceuticals and Biological Materials ¥15,338,435Forum 2000: Shared Concern Initiative ¥12,294,100

II. Fostering Human Security and Private Nonprofit Activities ¥54,255,149

1. Cooperation among Private Nonprofit Organizations, Business, and the Public Sector ¥0

2. Capacity Building and Institutionalization of Private Nonprofit Activities ¥14,562,648

Establishing an Online Resource Center for NPOs/NGOs ¥1,870,545Study on Establishing an Evaluation Certification System ¥7,560,723Establishing a Human Resource Database for Peace Building Activities ¥5,131,380

3. Surveys and Research on Private Nonprofit Activities ¥39,692,501

Comparative Studies of NGOs among China, Kazakhstan, Mongolia, and Vietnam ¥7,628,365Civil Society Legitimacy, Transparency, and Accountability ¥15,045,471Research on the Roles of Program Officer in Grantmaking System ¥4,971,686Promoting Implementation of UN Handbook on NPI Satellite Account in Asia ¥7,046,979Action Research on NPO Financial and Narrative Reporting ¥5,000,000

III. Japan and Asia in the World ¥0

1. Japan’s Structural Change and East Asia ¥0

2. East Asian Renewal and Transfer of Experience ¥0

3. Construction of a World Economic System and the Role of Japan and East Asia ¥0

Regular Projects Expenditure ¥403,815,860Special Funds Expenditure ¥623,424,854

Total Expenditure ¥1,027,240,714

Please see pages 21 through 57 for details on individual projects

Note: Due to the enlarged scale of projects and regional parameters of the Sasakawa Pan Asia Fund,

all projects in this category are now administered by the Fund.

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Overview of Fiscal 2005 Projects

IV. Program Operation and Formulation ¥263,222,729

Communications ¥26,916,530Program Development and Research Expenditure ¥59,803,160Project Operation Expenditure ¥176,503,039

Special Funds

The Sasakawa Pacific Island Nations Fund ¥50,347,616

1. Exchange Projects That Respect the Values and Cultural Identity of Each Island Society ¥4,908,292

Island Forum in Japan/Phase II ¥4,908,292

2. Micronesia-Focused Projects Aimed at Promoting Regional Harmony ¥0

3. Projects That Support Education and Training through the Medium of Distance Education ¥8,302,350

Forming a Distance Education Alliance for Progress in the Western Pacific ¥8,302,350

4. Projects to Promote Networking among NGOs and NPOs Operating in the Regionand to Form Linkages among Pacific Island Nations and Asian Countries ¥11,891,575

Research Committee for Pacific Islands’ Digital Opportunity/Phase II ¥11,891,575

5. Strengthening the Fund Base ¥25,245,399Project Operation Expenditure ¥25,245,399

The Sasakawa Japan-China Friendship Fund ¥138,346,700

1. Fostering Human Resources for 21st-Century Japan-China Relations ¥16,587,448

Cultivating Specialists in International Security Issues/Phase II ¥6,913,208– Training Program for PLA Staff in Charge of Japan-China Security Exchange ¥6,043,208

Sasakawa Scholarship System for Chinese Students Studying Japanese/Phase III ¥3,486,518A Study of Asset Management Practices in State-Owned Enterprises:

Learning from the Japanese Experience ¥6,187,722

2. Deepening Mutual Understanding in the 21st Century ¥49,732,838

Program for Promoting Japan-China Exchange in the Field of Security ¥29,863,258Japan Visit Program for City Mayors ¥5,235,724Co-Research Project on Japan-China Security Issues 2005 ¥9,615,211Visit to Japan by Delegation of Chinese Medical Administrators ¥5,018,645

3. Activities to Promote Japan-China Relations in the 21st Century ¥7,299,274

Japan-China Young History Researchers Conference ¥7,299,274

4. Activities to Advance the Fund’s International Role ¥0

5. Strengthening the Fund Base ¥64,727,140

Program Development and Research Expenditure ¥3,727,268Project Operation Expenditure ¥60,999,872

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The Sasakawa Central Europe Fund ¥49,606,401

1. Enhancing Mutual Exchange between Japan and Central European Countries ¥6,513,386Contemporary Japanese Studies at Central European Universities ¥6,513,386

– Contemporary Japanese Studies in Hungary II ¥2,066,560

2. The Role of Central European Countries in the Twenty-First Century ¥13,921,011Promotion of “Percentage” Philanthropy in Central and Eastern Europe ¥8,166,500Promotion of Overseas Nonprofit Activities in Slovakia and Hungary ¥5,754,511

3. The Role of NGOs in Creating Civil Society ¥7,962,110E-Nonprofit-Learning ¥7,962,110

4. Strengthening the Fund Base ¥21,209,894Project Operation Expenditure ¥21,209,894

The Sasakawa Pan Asia Fund ¥385,124,137

1. People Exchange ¥34,782,956People Exchange Program: Strengthening Partnerships in the Pan-Asia Region ¥10,815,471Civilizational Dialogues among India, Iran, and Japan ¥9,951,743Promoting India-Japan Ties through the Exchange of Leaders ¥4,571,116

– Enhancing India-Japan Relations: Visit to Japan by Indian Parliamentarians ¥2,267,486Strengthening Parliamentarian Dialogue in Cambodia ¥4,667,376People Exchange Program: Enhancing the Capacity of Young Vietnamese Leaders ¥4,777,250

2. Human Resource Development ¥139,177,370Business Case Development: Enhancement of Business School Education in Uzbekistan ¥20,707,933Supporting Journalism in Asia ¥18,405,439Human Resource Development in Myanmar/Phase II ¥27,489,358

– Capacity Enhancement for Myanmar Civil Service Sector ¥22,261,000Capacity Building in Myanmar in Preparation for ASEAN Summits ¥5,443,054

– Assistance to Myanmar for Hosting ASEAN Summits ¥3,273,504Research Capacity Building for Agricultural Economics in Vietnamese Universities ¥4,352,285Research Capacity Building for Economics in the National University of Laos ¥3,755,829Enhancing Distant Learning in Cambodian Rural Schools ¥5,470,300Capacity Building for East Timor in ASEAN/AFTA ¥6,101,742Capacity Building for Enhancing Legal Environment of Nonprofit Sector in Vietnam ¥4,959,768Strengthening Charkha’s Feature Service in India ¥5,252,744Capacity Building for Higher Education Sector in Cambodia ¥4,930,091Strengthening Economic Research and Monitoring in Lao PDR ¥7,362,296Confidence and Capacity Building among Young South Caucasian Leaders ¥12,740,147Enhancing the Agricultural Economics Research Capacity in Laos ¥4,849,034Strengthening the Macroeconomic Forecasting Capability of Azerbaijan ¥7,357,350

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Overview of Fiscal 2005 Projects

3. Research with Tangible Applications ¥164,606,957Capacity Building for Development in Central Asia and Caucasus ¥27,084,889Toward a New Partnership between Russia and Japan in Asia ¥10,258,367Capacity Building and Promoting Exchange of Central Eurasian Young Leaders ¥30,606,481

– Central Eurasian Leadership Alliance ¥16,410,900Toward a Strengthened Regional Cooperation in Asia ¥18,331,700

– Toward an Asian Economic Community: The Way Forward ¥10,996,031Russian Far East in the Asia-Pacific Region ¥7,899,445

– Strengthening Economic Ties between Russian Far East and the Asia-Pacific Region¥6,372,727

Role of Mongolia for Peaceful and Stable Development of Northeast Asia/Phase II ¥6,573,085Tokyo Seminar: The New Northeast Asia ¥8,866,000Support for Azerbaijan’s Bid for WTO Membership ¥4,748,360Development of Teaching Materials for EOD and Demining ¥4,458,991Possibilities for a Comprehensive Economic Partnership between BIMST-EC Countries and Japan ¥5,557,300Establishing Dialogue between the Shanghai Cooperation Organization and Other Influential Players ¥8,296,543Research for Building Japan-Korea-China Platform in Northeast Asia Securities ¥19,431,000Searching for Peace in Sri Lanka: Exploring the Role of Nongovernmental Actors in the Peace Process

¥7,411,364Lines of Convergence: China, India, Japan, and the Future of Asia ¥5,083,432

4. Strengthening the Fund Base ¥46,556,854Program Development and Research Expenditure ¥14,977,735Project Operation Expenditure ¥31,579,119

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Statement of Financial Position

Statement of Income and Expenditures (From April 1, 2005 to March 31, 2006) (units: ¥1,000)

IncomeIncome from endowment 808,221 709,232 666,719 681,283 892,460 Income from special funds 406,777 520,549 513,237 574,210 661,480 Private contributions for special funds 2,500,000 1,500,000 2,000,000 0 0Miscellaneous income 57,829 50,621 36,925 39,009 209,785 Income from returned deposits 224,200 0 0 0 0Income from liquidation of specific deposits 20,101 0 8,280 17,993 48,375 Income/expenditure balance carried 918,536 941,431 852,197 793,939 806,763

over from previous year

FY2001 FY2002 FY2003 FY2004 FY2005

Total Income 4,935,664 3,721,833 4,077,358 2,106,434 2,618,863

ExpendituresOperating expenses 908,461 977,896 924,750 962,551 1,027,241 Administrative expenses 397,407 336,649 332,764 308,016 336,619 Acquisition of property 63,803 0 3,000 4,083 18,272 Disbursement to guarantee deposit 5,623 0 0 0 0Provision for special funds 2,500,000 1,500,000 2,000,000 0 0Disbursement to specific deposits 118,939 55,091 22,905 25,021 177,558

Total Expenditures 3,994,233 2,869,636 3,283,419 1,299,671 1,559,690

Income/expenditure balance 941,431 852,197 793,939 806,763 1,059,173carried forward to the next year

Statement of Changes in Net Assets (From April 1, 2005 to March 31, 2006) (units: ¥1,000)

IncreaseAsset increase 2,787,208 1,622,334 2,064,881 57,224 450,831 Liability decrease 23,285 0 10,449 23,660 48,375

Total (increase) 2,810,493 1,622,334 2,075,330 80,884 499,206

DecreaseAsset decrease 415,383 164,921 113,463 41,437 57,166 Liability increase 22,161 13,005 16,074 19,260 9,986

Total (decrease) 437,544 177,926 129,537 60,697 67,152

Net asset increase for this year 2,372,949 1,444,408 1,945,793 20,187 432,054

Net assets carried forward to next year 75,656,795 78,029,744 79,474,152 81,419,945 81,440,132

FY2001 FY2002 FY2003 FY2004 FY2005

Total assets for the year 78,029,744 79,474,152 81,419,945 81,440,132 81,872,186

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Statement of Financial Position

Balance Sheets (As of March 31, 2006) (units: ¥1,000)

AssetsCurrent assets 1,035,289 969,580 895,264 908,997 1,175,824

Cash and deposits 263,145 399,259 469,596 390,045 493,064 Investments and bonds 757,541 562,466 417,091 504,474 656,722 Other liquid assets 14,603 7,855 8,577 14,478 26,038

Fixed assets 77,216,560 78,763,208 80,772,884 80,775,846 80,917,101Endowment 50,000,000 50,000,000 50,000,000 50,000,000 50,000,000Special funds 26,000,000 27,500,000 29,500,000 29,500,000 29,500,000Other fixed assets 1,216,560 1,263,208 1,272,884 1,275,846 1,417,101

March 31, 2002 March 31, 2003 March 31, 2004 March 31, 2005 March 31, 2006

Total 78,251,849 79,732,788 81,668,148 81,684,843 82,092,925

LiabilitiesCurrent liabilities 93,858 117,384 101,325 102,234 116,651 Fixed liabilities 128,247 141,252 146,878 142,477 104,088

Retirement allowance 128,247 141,252 146,878 142,477 104,088

Net worthNet assets 78,029,744 79,474,152 81,419,945 81,440,132 81,872,186 (Endowment) (50,000,000) (50,000,000) (50,000,000) (50,000,000) (50,000,000)(Special Funds) (26,000,000) (27,500,000) (29,500,000) (29,500,000) (29,500,000)

Total 78,251,849 79,732,788 81,668,148 81,684,843 82,092,925

Changes in Assets (As of March 31, 2006) (units: ¥1,000)

Fiscal Year Endowment Special Funds Other Assets Total

FY2001 50,000,000 26,000,000 2,251,849 78,251,849FY2002 50,000,000 27,500,000 2,232,788 79,732,788FY2003 50,000,000 29,500,000 2,168,148 81,668,148FY2004 50,000,000 29,500,000 2,184,843 81,684,843FY2005 50,000,000 29,500,000 2,592,925 82,092,925

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Board Members (As of July 18, 2006)

Chairman: Setsuya TabuchiPresident: Akinori SekiExecutive Directors: Yoshihiko Kono (Program)

Yoshimitsu Matsuki (General Affairs)

Trustees: Makoto Iida Director and Supreme Advisor, Founder, Secom Co., Ltd.

Kenzo Kiikuni Professor Emeritus, University of Tsukuba

Yotaro Kobayashi Chief Corporate Advisor, Fuji Xerox Co., Ltd

Akio Mikuni President, Mikuni & Co., Ltd.

Koichi Minaguchi President, Japan Finance Corporation for Small and Medium

Enterprise

Yuzaburo Mogi Chairman and CEO, Kikkoman Corporation

Ken Moroi Counselor, Taiheiyo Cement Co.

Yukitsugu Nakagawa Deputy Chairman, Institute for International Policy Studies

Yoshio Okawara President and Executive Director, Institute for International

Policy Studies

Akira Shimazu President, Japan Academy for Municipal Personnel

Shoji Sumita Advisor, The East Japan Railway Co.

Toshio Takeuchi Chairman, Japan Motorboat Racing Association

Kiichi Watanabe Former Vice Minister of Finance for International Affairs

Masakazu Yamazaki Professor Emeritus, Osaka University

Auditors: Masumi Miyaji President, Federation of Prefectural Association of

Motorboat Racing

Sadahiko Yoshimura Deputy Chief Executive Officer, Shin Nihon & Co.

Counselors: Richard Dyck President, TCS Japan Co., Ltd.

Hiroshi Hamada Senior Advisor, Ricoh Co., Ltd.

Noboru Hatakeyama Chairman and CEO, Japan Economic Foundation

Gaishi Hiraiwa Advisor, Tokyo Electric Power Co., Ltd.

Wakako Hironaka Member of the House of Councillors

Yukio Kageyama Chairman, Federation of Prefectural Associations of

Motorboat Racing

Eiko Kono Senior Adviser, Recruit Co., Ltd.

Kiyoshi Nakachi President, Japan Motorboat Racing Association

Kichisaburo Nomura Executive Advisor, All Nippon Airways Co., Ltd.

Michio Okamoto Professor Emeritus, Kyoto University

Gen Takahashi Advisor, Capital Market Promotion Foundation

Toshiki Tomita Professor, Chuo University

Tadashi Yamamoto President, Japan Center for International Exchange

Sakuji Yoshimura Visiting Professor, Waseda University

Trustees

Counselors

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SPF Staff Members (As of July 18, 2006)

Administrative DivisionJunko Chano Acting Director

Naomi Ikeda Assistant Manager

(Secretary to Executives)

Administration and PersonnelMiyoko Mochizuki Assistant Manager

Shizuka Saito Assistant Manager

Keita Mera Assistant Manager

Toshiko SuzukiYumiko Kitami

Accounting and Financial DivisionKeiichiro Yamada Director

Accounting and FinanceHiroko Ikeda Assistant Manager

Noriko Hanakawa Audit

Hiroko Ikeda Assistant Manager (concurrent post)

Project DivisionYoshihiko Kono Director (concurrent post)

Shinichi Kubota Deputy Director (concurrent post)

Norio Ohto Assistant Director (concurrent post)

Takeaki Hori Advisor

Project AdministrationYoko Aoki

Grant AdministrationMika Sakata Assistant Manager

Project DepartmentShinichi Kubota Chief Program Officer

Chan Woo Lee Chief Program Officer

Sim Yee Lau Program Advisor

Tomoatsu Shibata Program Advisor

Norio Ohto Program Officer

Akira Matsunaga Program Officer

Takahiro Nanri Program Officer

Kaori Kobayashi Program Officer

Masato Seko Program Officer

Yuko Nomura Program Officer (concurrent post)

Tetsuya Ishizuka Associate Program Officer

Eriko Tada Associate Program Officer

Shima Hayase Associate Program Officer

Yasutoshi Yoshida Associate Program Officer

Wataru Kondo Associate Program Officer

Fumiko Okamoto Research Associate

Lolahon Saiidova Research Associate

Yuriko Hasegawa Assistant Manager

Yoko Aoki (concurrent post)

Natsuko Tsuchida (concurrent post)

Communications DepartmentYuko Nomura Director

Natsuko Tsuchida

The Sasakawa Pacific Island Nations FundShinichi Kubota Director (concurrent post)

Norio Ohto Program Officer (concurrent post)

Yuriko Hasegawa Assistant Manager (concurrent post)

The Sasakawa Japan-China Friendship FundAkinori Seki Director (concurrent post)

Hu Yiping Program Officer

Yoshiyuki Kobayashi Research Associate

The Sasakawa Central Europe FundYoshihiko Kono Director (concurrent post)

Takeaki Hori Advisor (concurrent post)

Takahiro Nanri Program Officer (concurrent post)

Wataru Kondo Associate Program Officer

(concurrent post)

Yuriko Hasegawa Assistant Manager (concurrent post)

The Sasakawa Pan Asia FundSim Yee Lau Acting Director (concurrent post)

Chan Woo Lee Chief Program Officer

(concurrent post)

Shinichi Kubota Program Advisor (concurrent post)

Akira Matsunaga Program Officer (concurrent post)

Takahiro Nanri Program Officer (concurrent post)

Kaori Kobayashi Program Officer (concurrent post)

Masato Seko Program Officer (concurrent post)

Nguyen Thi Hanh Associate Program Officer

Tetsuya Ishizuka Associate Program Officer

(concurrent post)

Eriko Tada Associate Program Officer

(concurrent post)

Shima Hayase Associate Program Officer

(concurrent post)

Yasutoshi Yoshida Associate Program Officer

(concurrent post)

Fumiko Okamoto Research Associate (concurrent post)

Lolahon Saiidova Research Associate (concurrent post)

Nobuko Mitsunaga Yoshiko Kurokawa Yoko Aoki (concurrent post)

Staff on Temporary AssignmentMasaaki Miyamoto (to the Sasakawa Africa Association)

Toshiro Mado (to the Sasakawa Africa Association)

Michio Ito (to the Sasakawa Africa Association)

Tomoko Ito (to Fondation Franco-Japonaise

Sasakawa, Bureau de Tokyo)

Staff on Study AbroadYu Zhan (at Teachers College,

Columbia University)

Staff on Leave of AbsenceEiko Shigeta