III. Revitalization of Earthquake-Affected Business

The Agricultural and Fishery Co-operative Savings Insurance Corporation (hereinafter “SIC”) promoted the establishment of the Corporation for Revitalizing Earthquake-Affected Business and capitalized on the Corporation in collaboration with financial institutions and local governments. The Corporation is intended to reduce the debts as well as to support the revitalization of businesses which have incurred inordinate debts due to damages caused by the Earthquake and are attempting to revitalize the operations in the damaged area. Through these activities, SIC aims to prevent outflow of the industries and people from the disaster area to other areas to maintain the economic activities and to contribute to reconstruction of the devastated area.