Release: March 27, 1998
NGK INSULATORS, LTD. (President: Masaharu Shibata, Head Office: Nagoya) established a foundation , NGK Foundation for International Students, on March 25, 1998.
NGK encourages international students to foster deep understanding and appreciation of Japan, and also contributes to the development of the global society by helping them become beneficial in the global market.
| Name: | NGK Foundation for International Students |
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| Address: | Within the main office of NGK Insulators, Ltd. 2-56, Suda-cho, Mizuho-ku, Nagoya |
| Chairman of the Board: | Masaharu Shibata(President & CEO NGK Insulators, Ltd.) |
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| Directors: | Soichi Iijima(President Aichi Arts Center) Nobuo Kato(President Nagoya University) Takeyoshi Nishio(Chairman Nagoya Center for Urban Advancement Former Mayor of Nagoya City) Satoru Nishigaki(President The Tokai Bank, Ltd.) Hans Jurgen Marx(President Nanzan University) |
| Auditors: | Jiro Takaoka(Senior Executive Partner Tohmatsu & Co) Hiroshi Wada(General Manager Finance and Accounting Dept. NGK Insulators, Ltd.) Trustees (8)Selection commissioners (7)Administrative Staff |
(The recipients of the following benefits are limited to the international students who attend universities and graduate schools within Aichi prefecture. The benefits are offered basically for two years at most.)
| Fund: | 300 million yen (100 million yen at establishment and fully funded to 300 million yen in 5 years) |
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| NGK International House : | approx. 500 million yen |
| (1) Site: | Compound of "NGK Yagoto Dormitory" 3-150, Omoteyama, Tenpaku-ku, Nagoya |
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| (2) Building: | 3 stories (1F: public space , 2&3F: accommodations for 40) |
| (3) Construction Cost: | Approx. 500 million yen |
| (4) Construction Schedule: | Groundbreaking: October, 1998 Opening:October, 1999 |