Japan Investment Corporation (株式会社産業革新投資機構, Kabushikigaisha sangyō kakushin tōshi kikō) abbreviated as JIC, is a Japanese sovereign wealth fund.
[3] In September 2018, the Innovation Network Corporation of Japan (INCJ) was reorganized with JIC being spun-off as a new separate entity following the enforcement of the amendment to the Act on Strengthening Industrial Competitiveness.
The other three funds that were to be launched later would invest in private equity, venture capital and Japanese corporations with the aim of revitalizing them.
JIC later discussed joining up with Bain Capital but opted to sit out, believing its plan for deep restructuring would not appeal to management.
[9] In April 2024, JIC acquired semiconductor company JSR Corporation taking it private in a $6 billion deal.