February 25, 2026 Approval of the Decision by Fund Corporation for the Overseas Development of Japan’s ICT and Postal Services (JICT) on the Target Project for Support

(Support for Automated Driving Social Implementation Project in the U.S. (hereinafter the "Target Project"))

　JICT (President and CEO: OSHIMA Amane) submitted an application for approval of its decision to provide support for the Target Project, and the Minister of Internal Affairs and Communications(MIC)approved the application as submitted.

1. Background

　JICT submitted an application to the MIC for approval of its decision to support the Target Project, pursuant to Article 25, Paragraph 2 of the Act on the Fund Corporation for the Overseas Development of Japan’s ICT and Postal Services (Act No. 35 of 2015).
　In response to the application, the MIC examined the details of the support and the Target Project based on the JICT Support Standards (MIC Notice No. 412 of 2015). As a result, the MIC concluded that the application met the requirements of the JICT Support Standards. Today, the Minister of Internal Affairs and Communications approved JICT’s decision on the Target Project, as applied.

2. Target Project

　Aiming for the social implementation of automated driving services in the U.S. and Japan, JICT, together with NTT Corporation ("NTT"), will provide financial support through an investment of up to US$10 million.
　The Target Project involves an investment in May Mobility, Inc., which develops automated driving services in the U.S., in order to support the social implementation of such services using the company’s automated driving system. The Target Project also intends to promote the overseas deployment of advanced ICT technologies of the NTT Group, such as communication stabilization technology and remote monitoring. These efforts will contribute to strengthening the international competitiveness of Japanese operators in the field of automated driving.

[Overview]

• ■ Target Project: Automated Driving Social Implementation Project in the U.S.
• ■ Target region: The U.S.
• ■ Amount approved for JICT's support decision: Up to US$10 million
• ■ Co-investors: NTT and others

(Reference) JICT
　JICT is a stock company founded on November 25, 2015 under the Act on the Fund Corporation for the Overseas Development of Japan’s ICT and Postal Services Inc. JICT provides funding and other support to those engaged in telecommunications, broadcasting, and postal services overseas and their supporters, by utilizing the knowledge, technology, and experience accumulated by Japanese business operators. This support aims to increase the demand common to domestic and international telecommunications, broadcasting, and postal services, and improve the profitability of Japanese business operators who meet that demand. In this way, JICT contributes to the sustainable growth of Japan's economy.