About the organization
The Honjo International Scholarship Foundation (HISF) was approved by the Minister of Education as an incorporated scholarship foundation on December 25th, 1996. Its establishment was financed by the late Mr. Masanori Honjo, founder of ltoen, Ltd., who donated to the Foundation personal assets worth ¥200 million in cash and one million stocks of his company as the Foundation's seed capital, as well as another ¥100 million in cash as working capital. The Foundation was approved by the authorities as a Specified Corporation in the Public's Interest in March, 1998. The Foundation's focus is on those bright students who have the potential to become outstanding leaders in developing nations in the future, to whom the Foundation provides scholarship in the hope that such nations will develop in peace.