TBM
TBM signs a loan agreement with Mizuho Bank for a total of 2 billion yen using the Small and Medium Enterprise Agency’s “Debt Guarantee System to Facilitate Businesses Utilizing Innovative Technology Research Results”
~Aiming to capture the market and expand sales channels by improving the productivity and added value of the environmentally friendly prototype material “LIMEX”~
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TBM Co., Ltd. (Head office: Chiyoda-ku, Tokyo, Representative Director and CEO: Atsuyoshi Yamazaki, hereinafter referred to as TBM) has recently announced that the Independent Administrative Agency Japan Small and Medium Enterprises and Regional Innovation Center (Location: Minato-ku, Tokyo, Chairman: Atsushi Toyonaga, hereinafter referred to as Japan Small and Medium Enterprise Agency) As of March 18, 2024, the total amount will be transferred to Mizuho Bank, Ltd. (Headquarters: Chiyoda-ku, Tokyo, President: Katsuhiko Kato, hereinafter referred to as Mizuho Bank) using the debt guarantee system to facilitate business utilizing innovative technology research results. We would like to inform you that we have concluded a loan agreement of 2 billion yen. TBM, a startup in the deep tech field, will use this funding to improve the productivity of the environmentally friendly material “LIMEX”, develop and expand high value-added product applications, and make further improvements. We aim to capture new markets and expand sales.
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■ Background
The Japanese government announced the “Five-Year Startup Development Plan” in 2022, with three pillars: building human resources and networks, strengthening funding and diversifying exit strategies, and promoting open innovation. We are strengthening support measures for startups, including plans to increase investment amount tenfold in five years and create unicorn companies. For startups in the deep tech field, which take a long time to commercialize and monetize, and require a large amount of capital, if they can commercialize and implement social implementation based on technology based on scientific discoveries, they will benefit the nation and the world. It has the potential to have a major impact on society, such as resolving economic and social issues that need to be solved collectively, and the government has come up with bold support measures.
■ TBM initiatives
TBM, which develops new materials and resource recycling businesses in the deep tech field, has the mission of “building a bridge to the future we want to advance to” and is working to realize carbon neutrality and a circular economy by developing calcium carbonate (limestone, etc.) We are working to spread LIMEX, an environmentally friendly alternative material to plastics and paper, which is made mainly from plastic, both domestically and internationally, operate one of Japan’s largest plastic material recycling plants, and build and operate a resource recycling platform. Masu. By using
limestone-derived calcium carbonate, which is abundant and has low risk of depletion, LIMEX can be used as an alternative material to plastics that can reduce the amount of petroleum-based plastics used and CO2 emissions throughout the life cycle, and can also reduce water consumption. Already, more than 10,000 companies and local governments in Japan and overseas (including the number of business
establishments) use this material as an alternative material for paper, including bags, containers, printed matter, daily necessities, and promotional materials. Through the development of LIMEX, more than 200 patents have been registered in more than 40 countries around the world. In addition, we are working on ESG through a variety of approaches, including introducing renewable energy electricity at our own manufacturing bases, voluntarily responding to CDP’s climate change questionnaire, an international environmental information disclosure platform, and raising funds through green finance. We are promoting.
Recent related topics (excerpts)
・Selected for the Ministry of Economy, Trade and Industry’s impact startup development support program “J-Startup Impact” (2023) ・Participated in the World Economic Forum Annual Meeting (Davos Conference) as a member of the “unicorn community” (2024)
・Won “Tokyo Financial Awards 2023” ESG category (2024)
■ Overview
The Debt Guarantee System for Facilitating Projects Utilizing Innovative Technology Research Results allows deep tech (large-scale research and development type) venture companies that have been certified by the Ministry of Economy, Trade and Industry as business activity plans that utilize innovative technology research results to set up a mass production system. This is a system in which the Japan Small and Medium Enterprise Agency provides debt guarantees when borrowing funds for financial institutions from private financial institutions designated by the Ministry of Economy, Trade and Industry.
Prior to this agreement, TBM received certification from the Ministry of Economy, Trade and Industry as a business activity plan utilizing innovative technology research results. As a result, we have entered into a loan agreement with Mizuho Bank for a total of 2 billion yen, applying the guarantee rate (50% of the borrowing principal) under the Small and Medium Enterprise Agency’s debt guarantee system.
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■ TBM Co., Ltd.
Representative: Atsuyoshi Yamazaki
Location: 15F, 1-2-2 Yurakucho, Chiyoda-ku, Tokyo
Established: August 2011
Capital: 100 million yen (including capital reserve, 12,035,460,000 yen) Business content: Development of environmentally friendly materials, manufacturing and sales of products, business promoting resource circulation, etc.
URL: https://tb-m.com/
2013: Selected for the Ministry of Economy, Trade and Industry’s innovation center location promotion project “Subsidy for advanced technology demonstration and evaluation equipment maintenance costs, etc.”
Obtained a domestic patent in 2014 and is currently registered in more than 40 countries, including China, the US, and Europe. Over 100 other patent applications filed
2015 First plant constructed in Shiroishi City, Miyagi Prefecture 2015: Selected for the Ministry of Economy, Trade and Industry’s “Subsidy for locating companies that create employment in areas affected by tsunami and nuclear disasters”
2016 Received the first “Social Impact Award for the company with the most social impact in the world” at “Plug and Play” in Silicon Valley, USA.
2018 Participated in COP24 (24th United Nations Framework Convention on Climate Change Conference of the Parties) as a Japanese government delegation
Exhibited at the “G20 Innovation Exhibition” held in Karuizawa in 2019 2020: Announced “CirculeX”, a material containing more than 50% recycled materials such as used plastics
2020 Construction of second plant in Tagajo City, Miyagi Prefecture (LIMEX production capacity: 23,000 tons/year)
2021: Agreed on a 13.5 billion yen capital and business alliance with South Korean conglomerate SK Group
2021: Convert all electricity used at our manufacturing bases to virtually 100% renewable energy
2022 Obtain Science-Based Target (SBT) certification
2022 Signed “The Climate Pledge” established by Amazon
2022: Construction of a recycling factory that automatically sorts and recycles LIMEX and plastics in Yokosuka City, Kanagawa Prefecture 2022: Obtains “B” certification in CDP’s “climate change” and “water security” survey
2023 Selected for “J-Startup Impact”, an impact startup development support program run by the Ministry of Economy, Trade and Industry. Participate in the 2024 World Economic Forum Annual Meeting (Davos) *Company names and product/service names mentioned in this release are trademarks or registered trademarks of each company.
*The information contained in this release is current as of the date of announcement. It is subject to change without prior notice. More details about this release:
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