Fourth business-restructuring subsidy · Industrial tech
Hiten secures business-restructuring subsidy for new market expansion
The government register lists a finalized grant of JPY42.33m.
Hiten was selected in the fourth round of Japan’s business-restructuring subsidy programme, announced on March 3, 2022. The government’s gBizINFO register lists a finalized grant of JPY42,333,332 for the company under that round.
The die manufacturer is expanding into new markets using tooling capable of high-temperature hot forging. Its work applies alloy development and die engineering to the shaping of demanding metal components.
Use of funds
Expand into new markets using high-temperature hot-forging dies
Funding history
Fourth business-restructuring subsidy · This round¥42.3M
FY2018 supplementary manufacturing grantUndisclosedFY2019 Sapoin research grantUndisclosedFY2017 supplementary manufacturing grant¥10M14th Consortium R&D grantUndisclosedFY2016 supplementary manufacturing grant¥9.8MSakai manufacturing new business challenge subsidyUndisclosedFY2014 supplementary manufacturing grant decision¥10MFY2013 supplementary manufacturing grant¥10M