Japan is a founding member of ADB, which was established in 1966 to help its developing members reduce poverty and improve their living conditions and quality of life.
ADB is owned by 67 members, 48 of which are from Asia and the Pacific. Japan is one of the largest shareholders with 15.624% of total shares as of 31 December 2015.
Shareholding and Voting Power
- Number of shares held: 1,656,630 (15.624% of total shares)
- Votes: 1,696,194 (12.798% of total membership, 19.625% of total regional membership)
- Overall capital subscription: $22.98 billion
- Paid-in capital subscription: $1.15 billion
ADB’s Partners and Resources
ADB’s main partners are governments, the private sector, non-government organizations (NGOs), development agencies, community-based organizations, and foundations.
In pursuing its vision, ADB’s main instruments comprise loans, technical assistance, grants, guarantees, equity investments, and policy dialogues. Although most lending is in the public sector - and to governments - ADB also provides direct assistance to private enterprises of developing countries through equity investments, guarantees, and loans. Its triple-A credit rating helps mobilize funds for development.
Japan has contributed and committed $16.07 billion to Special Funds since joining in 1966. It has been the top contributor to ADB’s Special Funds such as the Asian Development Fund (ADF), the Asian Development Bank Institute (ADBI), the Technical Assistance Special Fund (TASF), Japan Special Fund (JSF), and the Regional Cooperation and Integration Fund (RCIF).
- Contributions to the ADF (including committed funds at exchange rates per resolution): $14.36 billion
- Contributions to ADBI (including committed funds): $235.43 million
- Contributions to the TASF (committed): $495.34 million
- Contributions to the JSF (committed): $973.77 million
- Contributions to the RCIF (committed): $3.63 million
Companies and consultants from Japan have been awarded $5.69 billion in procurement contracts on ADB-financed projects since 1967
Japanese Representative Office
The Japanese Representative Office (JRO) serves as the focal point for interaction between ADB and its constituencies in Japan. JRO's main roles are:
- to promote public awareness about ADB and the Asia and Pacific region in Japan,
- to promote resource mobilization from official and private sectors in Japan for ADB operations, and
- to assist government agencies, NGOs, and other constituencies in Japan in liaising with ADB by providing necessary information and increasing interface and coordination.