## 



## 

|Trustees||Sir Timothy<br>Hitchens KCVO CMG,|Sir Timothy<br>Hitchens KCVO CMG,|Sir Timothy<br>Hitchens KCVO CMG,|Chair|
|---|---|---|---|---|---|
|||Mr Takashi Hibino, Vice Chair||||
|||Mr Stephen Barber||||
|||Ms Yoko Dochi||||
|||Mr Keiichi Hayashi<br>(appointed||1 July 2022)||
|||Mr Yusuke Kawamura||||
|||Professor Sachiko Kusukawa||||
|||Ms Rebecca Salter PRA (appointed|||1 July 2022)|
|||Professor Hirotaka Takeuchi||||
|||Dr Victoria Tuke (appointed<br>19||November 2021)||
|||Ms Jessie Turnbull||||
|||Professor Sir Mark Walpoit FRSFRCP FRCPath FMedSci FRSE||||
|||(appointed<br>1July 2022)||||
|Director General||Mr Jason James||||
|Registered|office|Daiwa Foundation<br>Japan House||||
|||13/14 Comwall Terrace||||
|||London NW1 4QP||||
|Charity Number||299955||||
|Auditors||Greenback Alan LLP||||
|||Chartered<br>Accountants|and Registered Auditor|||
|||89 Spa Road||||
|||London||||
|||SE163SG||||
|Solicitors||Clifford Chance||||
|||10Upper Bank Street||||
|||London EC144JJ||||
|Bankers||Lloyds TSBBank pic|||Mizuho Bank|
|||Cheapside<br>Branch|||Akasaka Branch|
|||34Moorgate|||Toho Building|
|||London EC2R 6PL|||2-5-1,Akasaka|
||||||Minato-Ku|
|Investment|Managers|BlackRock||||
|||12Throgmorton<br>Avenue||||
|||London||||
|||EC2N 2DL||||





## 

## 

## 

## 



## 

## 



## 

## 

## 

## 

## 



## 

## 

## 

## 



## 

## 

## 



## 

## 

## 

## 

## 



## 

## 

## 



## 

## 

## 

## 

## 

## 



## 

## 

## 



## 



|||||Unrestricted|Funds|Rcstrictcd Funds|Total Funds|Total Fuuds|
|---|---|---|---|---|---|---|---|---|
||||||||31March 2022|31March 2021|
||||Notes||||||
|income|||||136,425||136,425|215,573|
|Expenditure|||||||||
|Costs ofgenerating fiinds|||||||||
|Fund managers'<br>fees|||||(23,769)||(23,769)|(23390)|
|Charitable<br>aotiwties|||||||||
|Scholarships|||||(462,108)||(462,108)|(619,048)|
|Grants, Awards &Poses|||16||(423,288)||(423/88)|(404,259)|
|Events|||||(335,501)||(335,501)|(274,936)|
|Cultural<br>Relations|||||(45,508)||(45,508)|(43,138)|
|Total charitable<br>activities expenditure|||||(1,266,405)||(1,266,405)|(1,341,381)|
|Total expenditure|||||(1790,174)||(1290,174)|(1,364,771)|
|Net gain/(loss)<br>on investment||funds|||1,737,004|2,740|1,739,744|9,231,959|
|Net 1 acorn c/(expenditure)|||||583355|2,740|585,995|8,082,761|
|Net moverueut<br>in funds|||||583/55|2,740|585,955|8,082,761|
|Total funds brought|forward||||45,048476|70,987|45,119,263|37,036,502|
|Total funds carried|forward||||45,631,531|73,727|45,705,258|45,119263|





|As|at 31|March|202|2||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||Uurestricted|Funds|Restricted|Funds|Total Funds|Total irunds|
|||||||||||31March 2022|31March 2021|
||||||Notes|||||||
|Fixed assets||||||||||||
|Tangible assets|||||||162,740|||162,740|180,822|
|Intangible<br>assets|||||10|||||||
|Investments||||||45,629,657|||73,405|45,703,062|44,863466|
|||||||45,792,397|||73,405|45,865,802|45,044,088|
|Current assets||||||||||||
|Debtors|||||12||16,765|||16,765|41,920|
|Cash at bank|and in|band|||13||246,544||322|246,866|319,508|
||||||||263309||322|263,631|361,428|
|Creditors|amouats|falling|due|within|14|(424,175)||||(424,175)|(286,253)|
|one year||||||||||||
|Nct curreut|assets|||||(160,866)|||322|(160,544)|75,175|
|Net assets||||||45,631,531|||73,727|45,705,258|45,119263|
|Funds ofthc Fouudation||||||||||||
|Restricted income funds|||||||||73,727|73,727|70,987|
|Unrestricted|income|funds||||45,631,531||||45,631,531|45,048,276|
|Total Funds||||||45,631,531|||73,727|45,705,258|45,119263|



## 



## 

## 

## 

## 

## 

## 

## 

## 



## 

## 

## 

## 

## 

## 

## 



## 

## 

## 

||||31March|31March|
|---|---|---|---|---|
||||2022|2021|
|Unrestricted<br>Income|||||
|Income from investments|||52|924|
|Other interest receivable|||18|44|
|Voluntary<br>contributions|and centre for visiting academics|income|104,015|182,264|
|Rental income (from Japan Society)|||32,340|32,340|
||||136,425|215,572|
|Restricted Income|||||
|Income from investments|||||
|Total|||136,425|215,573|





## 

## 

||Scholar-|Gnmts,|Events|Cultural|31March|31March|
|---|---|---|---|---|---|---|
||ships|Awards||Relations|2022|2021|
|||&Prizes|||||
|||8||8|8||
|Depreciation|5,511|5,205|7,246|816|18,778|17,702|
|Utilities,|||||||
|maintenance|25,649|25,649|53,702|4,809|109,809|84,684|
|and repairs|||||||
|Personnel|116,752|111,913|166,639|32,775|428,079|404,728|
|(non-|||||||
|Governance)|||||||
|Other|||||||
|administration|40,341|36,223|26,732|4,648|107,944|114,423|
|expenses|||||||
|Governance|16,606|15,683|21,833|2,460|56,582|47,986|
|costs (note 6)|||||||
||204,859|194,673|276,152|45,508|721,192|669,523|



## 




## 

## 

|||31March|31March|
|---|---|---|---|
|||2022|2021|
|Personnel||37,071|35,726|
|Trustees'|expenses|2,951|60|
|Audit fee||10,560|12,200|
|Legal fee||6,000||



## 

|||||31March|31March|
|---|---|---|---|---|---|
|||||2022|2021|
|Depreciation<br>(see note||9& 10)||18,778|17,702|
|Staffcosts|(see note 8)|||465,150|440,454|
|Auditors'|remunemtion|for the audit ofthese financial|statements|10,560|12,200|



## 

|year wa|s 9(2021:9). Their aggregate<br>remunera|tion<br>comprised:||
|---|---|---|---|
|||31March|31March|
|||2022|2021|
||||f,|
|Wages|and salaries|391,201|386,636|
|Social|security costs|34,378|28,369|
|Pension|contributions|39,571|25,449|
|||465,150|440,454|





## 

|31|March|31|March|
|---|---|---|---|
||2022||2021|
||1||1|



## 

|||Office||Total|
|---|---|---|---|---|
||Leasehold|equipment|Office|Tangible|
||premium|&fixtures|furniture|assets|
|Cost|||||
|Beginning ofyear|799,339|152,189|196,243|1,147,771|
|Additions||696||696|
|Disposals|||(1,000)|(1,000)|
|End ofyear|799,339|152,885|195,243|1,147,467|
|Depreciation|||||
|Beginning ofyear|712,582|80,078|174,289|966,949|
|Charge|1,526|13,562|3,690|18,778|
|Disposals|||(1,000)|(1,000)|
|End ofyear|714,108|93,640|176,979|984,727|
|Net book value|||||
|At 1 April 2021|86,757|72,111|21,954|180,822|
|At 31March 2022|85,231|59,245|18,264|162,740|





## 

||||Total|
|---|---|---|---|
|||Software|Intangible|
||||assets|
|Cost||||
|Beginning ofyear||14,658|14,658|
|Additions||||
|Disposals||||
|End ofyear||14,658|14,658|
|Depreciation||||
|Beginning ofyear||14,658|14,658|
|Charge||||
|Disposals||||
|End ofyear||14,658|14,658|
|Net book value||||
|At I April 2020||||
|At 31March 2021||||
|All assets are held for charitable|purposes.|||



## 

|||Valuation|Valuation|Cost|Cost|
|---|---|---|---|---|---|
|||31March|31March|31March|31March|
|||2022|2021|2022|2021|
|Investment|funds:|||||
|UK investments||9,452,292|9,253,574|6,700,239|7,600,188|
|Mixed UK/Overseas||15,882,349|16,376,848|15,326,000|15,326,000|
|Overseas|securities|20,362,685|19,194,830|7,926,168|7,926,168|
|Subtotal investments||45,697,326|44,825,252|29,952,407|30,852,356|
|Cash||5,736|38,014|||
|||45,703,062|44,863,266|29,952,407|30,852,356|





## 

## 

## 

|The movement|on|the|bala|nce|sheet value ofinvestments<br>is|analysed<br>as follows:||
|---|---|---|---|---|---|---|---|
|||||||31March|31March|
|||||||2022|2021|
|Market value|brought||forward||at I April|44,863,266|36,630,382|
|Additions<br>at cost|||||||1,885,000|
|Disposal proceeds||||||(900,000)|(2,885,000)|
|Dividend<br>reinvestment||||||52|925|
|Net (loss)/gain|in|the|year|||1,739,744|9,231,959|
|Market value|caiTied forward||||at 31March|45,703,062|44,863,266|
|Funds under management||||are|as follows:|||
|||||||Market|Value|
|||||||31March|31March|
|||||||2022|2021|
|BlackRock||||||45,703,062|44,863,266|
|||||||45,703,062|44,863,266|
|Investments,|including||those||whose market value represents|more than 5%ofthe total|market value of|
|the Foundation's||investment|||portfolio are as follows:|||



|||31March|31March|
|---|---|---|---|
|||2022|2021|
|Charitrak UK Equity Index||9,439,085|8,340,418|
|Blackrock Rtn Bond Fund||15,882,349|16,376,848|
|Blackrock North US Index||8,250,355|6,906,932|
|Blackrock Emerging<br>Markets|USD Flex|5,145,609|5,549,585|
|Blackrock Europe EK-UK Sub Fund Inst.||2,868,562|2,708,869|
|Blackrock Japan Index Sub Fund USD||2,599,437|2,653,788|
|Blackrock Pac Rim Index Sub|Fund USD|1,498,723|1,375,657|
|BlackRock Sterling Liquidity|Fund|13,206|913,155|
|British Pound||5,736|38,014|
|Market value carried forward|at 31March|45,703,062|44,863,266|





## 

## 

||||31March|31March|
|---|---|---|---|---|
||||2022|2021|
|Other debtors|||4,141|3,566|
|Pre-paid expenses|||12,624|38,354|
||||16,765|41,920|
|13.Cash at bank and in||hand|||
||||31March|31March|
||||2022|2021|
|Current Accounts|||246,866|319,508|
|Cash on hand|||||
||||246,866|319,508|
|14.Creditotn:|amounts|falling due within one year|||
||||31March|31March|
||||2022|2021|
|Bank overdrafl|||437|201|
|Grants payable|||347,465|206,500|
|Scholarships<br>payable|||||
|Other creditors|||76,273|79,552|
||||424,175|286,253|



## 



## 

||||||Number|Value|Number|Value|
|---|---|---|---|---|---|---|---|---|
||||||31March|31March|31March|31March|
||||||2022|2022|2021|2021|
|Grants|approved|in year|||||||
|-Institutions|||||53|171,065|82|210,500|
|-Individuals|||||23|63,050|11|26,500|
||||||76|234,115|93|237,000|
|Grants|cancelled|or returned||in||(5,500)||(17,684)|
|year|||||||||
|||||||228,615||219,316|
|Support|& Governance||costs|(see||194,673||184,943|
|note 5)|||||||||
|||||||423,288||404,259|





## 

||||31March|31March|
|---|---|---|---|---|
||||2022|2021|
|Analysis ofgrants, awards|&prizes awarded|in the year|||
|Daiwa Foundation<br>Small Grants (UK-side)|||141,700|130,500|
|Daiwa Foundation<br>Small Grants (Japan-side)|||15,950|19,500|
|Daiwa Foundation<br>Awards|||76,465|87,000|
|Total grants awarded<br>in 2021/2022|||234,115|237,000|
|Grants cancelled or retunied|in year||(5,500)|(10,684)|
|Awards cancelled or returned|in year|||(7,000)|
|Support & Governance<br>costs|(see note 5)||194,673|184,943|
|Total grants, awards<br>and prizes|||423,288|404,259|



|Daiwa Foundation|Daiwa Foundation|Daiwa Foundation|Small||||
|---|---|---|---|---|---|---|
|Grants|||||||
|Support ivas provided for|||||||
|the|ollowin|ro'ects:|||||
|UK-side|||||||
|Belfast Photo||Festival||Support for exhibition costs and travel to||X6,000|
|||||Belfast by collage artist Kensuke Koike to|||
|||||develop an exhibition ofnew photographic|||
|||||work to be displayed<br>at the Botanic Gardens|||
|||||and Ulster Museum<br>and to engage in talks,|||
|||||Belfast Photo Festival<br>2to 30 June 2022.|||
|Boston And Hakusan||||Support for atwo-week exchange visit to||f5,000|
|City|Exchange|||Japan by seven 14-and 15-year old pupils|||
|||||trom Boston, Lincolnshire<br>to meet pupils|and||
|||||families in Hakusan,<br>Ishikawa Prefecture|as||
|||||pmt ofan established<br>youth exchange|||
|||||progtumme,<br>July 2022.|||
|||||Support for an inaugural<br>Japan-focused||f2,000|
|||||project: aone-day film festival featuiing|a||
|||||programme<br>ofcontemporary<br>Japanese|||
|Bounce Cinema||||feature-length<br>films, short films, live panel|||
|||||discussions<br>and editoidal content, at Genesis|||
|||||Cinema in East London and live streamed,|||
|||||2022.|||





|British Museum|British Museum||Support for apublication<br>accompanying<br>an|
|---|---|---|---|
||||exhibition<br>showcasing<br>103recently|
||||rediscovered<br>rare brush drawings<br>by the|
||||celebrated<br>print artist Katsushika<br>Hokusai,|
||||providing<br>anew perspective<br>on Hokusai's|
||||work and broader attitudes<br>in nineteenth-|
||||centmy Japan, 'Hokusai: The Great Picture|
||||BookofEverything',<br>30 September 2020 to|
||||30Jail<br>2022.|
|Butler, Dr|Catherine||Support for travel to Japan to conduct|
||||research and interviews<br>into the way British|
||||children's<br>books have been adapted and|
||||commoditised<br>in the Japanese context, and|
||||their role in wider cultural relations,<br>resulting|
||||in the book British Children's<br>Literature<br>in|
||||Ja anese Culture<br>s rin<br>2022.|
|Clark, Mr|James||Support for travel to Japan by writer, James|
||||Clark, and filmmaker<br>Robbie McKane to|
||||create Tohoku Recovery<br>in Action, a|
||||documentiuy<br>about the Michinoku<br>Coastal|
||||Trail to showcase the resilience of|
||||communities<br>affected by the 2011tsunami,|
||||and write an accompanying<br>book, summer|
||||2021.|
|Edinburgh|International||Support for travel to the UK by Kazushi<br>Ono|
|Festival|||to conduct the Scottish Chamber<br>Orchestra at|
||||the Closing Concert ofthe Edinburgh|
||||International<br>Festival. The repertoire<br>will|
||||include works by the Japanese composers|
||||Toru Takemitsu<br>and Toshio Hosokawa,|
||||Au ust 2021.|
|Pierce (Festival)||Limited|Support for travel to the UK by aJapanese|
||||artist to perform<br>at Fierce Festival|
||||(Birnthtgham)<br>and Submerge Festival|
||||(Manchester)<br>in March and October 2022; the|
||||fust time these festivals have included|
||||re resentation<br>from Ja an.|
|The Foundling||Museum|Support for the transport ofartwork by the|
||||Japanese manga artist Taiyo Matsumoto<br>to|
||||feature in the exhibition<br>Superheroes,|
||||Oiphans<br>and Origins: 125years in Comics|
||||which will mn at the Foundling<br>Museum<br>in|
||||London,<br>1 April to 10July 2022 (extended to|
||||28 August).|





|Gallagher,|Mr Oisin and|Support for travel to Japan by two mtists on a|
|---|---|---|
|Compson,|Kd|research trip to craft and heritage areas,|
|||facilitating<br>cultural<br>exchange through|
|||workshops<br>with local communities<br>of|
|||Maruseppu<br>and Engaru, Hokkaido,<br>marking|
|||the launch ofaresidenc<br>ro ramme<br>2022.|
|Inhouse Events CIC||Support for atwo-week celebration ofJapan|
|||through<br>screenings ofthe Olympics<br>and|
|||Japanese film with associated &ee family|
|||events celebrating<br>culture and sport through|
|||art, including<br>woodblock-print<br>workshops<br>at|
|||an outdoor amphitheatre<br>in Glasgow,<br>summer|
|||2021.|
|John, Mr|Klys|Support for travel to Japan to develop interior|
|(The Welsh School Of||design case studies for A Studio Guide for|
|Architecture)||Interior Design (Routledge) targeted at|
|||students<br>on graduate<br>Interior Design|
|||programmes<br>globally,<br>and to enhance links|
|||with Japanese universities<br>practising<br>interior|
|||design, autumn 2021.|
|Keele University,<br>School||Support for travel to Waseda University<br>by a|
|ofSocial,|Political and|Keele University<br>academic to engage in pilot|
|Global Studies (Dr||research examining<br>the way Japan navigates|
|Monalisa|Adhikari)|identities<br>as an OECD member<br>and regional|
|||power in its engagement<br>in peacebuilding<br>in|
|||Asia, leading to further research and|
|||publications,<br>July 2022.|
|Kirkwood,|Geoffrey|Support for research travel to Japan for a|
|||project celebrating<br>links between Japan and|
|||North East England,<br>in partnership<br>with the|
|||Sage and Royal Northern<br>Sinfonia, resulting|
|||in an experimental<br>symphony,<br>and an mt|
|||installation<br>featming<br>film and music, and a|
|||project for schools, July 2021 onwards.|
|Laczny, Mr Tomasz||Suppoit for travel to Japan by photographer|
|||Tomasz Laczny to produce the photographic|
|||exhibition Ema Helena Ania, and to present|
|||work, launch published<br>photo book, lead|
|||workshop,<br>and engage in talks and further|
|||collaborations,<br>Reminders<br>Photography|
|||Stronghold,<br>summer 2022.|





|Liverpool John|Liverpool John|Moores|Support for travel to Japan by Dr Laura Buck|Support for travel to Japan by Dr Laura Buck|
|---|---|---|---|---|
|University,|School of||to investigate<br>the morphological||
|Biological|and||consequences ofinterbreeding<br>between||
|Environmental||Sciences|Homo Sapiens and Neandeithals<br>using||
||||models constructed<br>using hybrid||
||||Japanese/Taiwanese<br>macaque<br>skeletons,<br>and||
||||virtual<br>sha e anal<br>ses, summer 2022.||
|Liverpool John||Moores|Suppoit for avisit to Fukuoka by Professor||
|University,|School of||Mark Lake to engage in collaborative||
|Sport and|Exercise||research into promoting<br>the healthy||
|Sciences|||participation<br>in team sports such as football||
||||by women playing<br>on new artificial sports||
||||surfaces, a legacy ofthe Olympics,<br>and a||
||||public seminar to raise awareness ofinjury||
||||risk using biomechanical<br>testing, September||
||||2021.||
|London School||of|Support for travel by Dr Ronald Po to||
|Economics, Department|||collaborate<br>with Dr Ikeda at Tohoku||
|ofInternational||History|University<br>and to study documents<br>related|to|
|(Dr Ronald|Po)||the Bohai Sea and the Mount Horai legend||
||||resulting<br>in an article 'The Shaping of||
||||Maidtime Religiosity: The Cultural<br>History of||
||||Mount Penglai/Horai<br>in China and Japan',||
||||March and A fll 2022.||
|MACK Books Ltd|||Support for the publication<br>ofa||
||||comprehensive<br>volume on Eikoh Hosoe to||
||||coincide with amajor retrospective<br>exhibition||
||||at Kiyosato Photographic<br>Arts Museum<br>in||
||||Yamanashi,<br>Japan available<br>in both English||
||||and Japanese, edited by Dr Yasufumi||
||||Nakamoid<br>and produced<br>under the artist' s||
||||direction, July 2021.||
|Mente, Ms|Eleni||Support for a two-month<br>study visit to Japan||
||||to explore the ways that floods can be||
||||prevented<br>and global warming<br>mitigated,|via|
||||interviews<br>and research into the principles,||
||||design and maintenance<br>ofrefuge parks and||
||||disaster preventive<br>forests, resulting<br>in||
||||presentations<br>and publications,<br>autumn 2022.||





|Matsunaga,|Nao|Suppott for aBiitish-Japanese<br>ceramicist to|
|---|---|---|
|||undertake<br>an eight-week<br>residency<br>at|
|||Shigaraki<br>Ceramic Cultural<br>Park and create|
|||an experimental<br>new body ofwork using|
|||Shigaraki clay, resulting<br>in shows and|
|||associated talks in Japan and the UK, October|
|||2021.|
|Mitchell, Ms Alison||Support the travel to Kumejima<br>in Okinawa|
|||Prefecture<br>by weaver and textile artist Alison|
|||Mitchell to continue her research into|
|||sustainable<br>dyeing and the heritage textile|
|||industry,<br>resulting<br>in abook contracted<br>by|
|||Bloomsbury<br>Visual Arts, 'The Weaving<br>and|
|||Dyeing Art ofthe Kumejima Kimono'.|
|Queer East|Film Festival|Support for the Focus Japan strand ofthis|
|||year's festival, which<br>vw'll showcase ten|
|||classic and new Japanese films in cinemas|
|||across London and online, along with director|
|||QdhAs and panel discussions<br>hosted online to|
|||celebrate diverse identities,<br>and cultures,<br>15|
|||to 26 September 2021.|
|Rosier, Mr Matthew||Support for artist Matthew Rosier to return. to|
|||Japan with acamera crew for ten days where,|
|||building<br>on his 2019art residency in Ise, he|
|||will create afilm titled Wood Rots Like We|
|||Do demonstrating<br>the symbiotic relationship|
|||between the wooden shrines ofIse Jingu and|
|||the surrounding<br>forest.|
|Royal Academy ofArts||Support for the catalogue<br>guides for 'Kyosai:|
|||The Israel Goldman<br>Collection'<br>which will|
|||focus on the art of'sekiga' or 'spontaneous|
|||paintings',<br>and the environment<br>in which|
|||Kawanabe Kyosai's works were created and|
|||appreciated,<br>19March to 19June 2022.|
|Royal Collection Trust||Support for travel to London by Kazumi|
|||Murose to record afilm demonstrating<br>how|
|||urushi lacquer is applied<br>and decorated,<br>and|
|||to contribute<br>to the Royal Collection Trust's|
|||Learning<br>Programme<br>for 'Japan: Courts and|
|||Culture'<br>which will rtin at The Queen' s|
|||Gallery, Buckingham<br>Palace, 8 April 2022 to|
|||12March 2023.|





|Ruskin Mill Land Trust|Support ofartwork and travel by one ofthe|Support ofartwork and travel by one ofthe|
|---|---|---|
||participating<br>Japanese mtists giving||
||masterclasses<br>at the 2022 International||
||Festival ofGlass, which has as its theme||
||Contemporary<br>Glass and Culture fiom the||
||East, allowing visitors to sample regional||
||food, design, and music.||
|Scottish Society for Art|Support for venue costs and travel by Naoko||
|History (SSAH)|Horiuchi<br>I'rom the Arts Initiative Tokyo to||
||participate<br>in atwo-day conference organised||
||by SSAH in partnership<br>with the National||
||Museum ofJapanese History exploring||
||cultural<br>connections<br>between the visual and||
||material<br>cultures ofScotland and Japan, 10to||
||11Febru<br>2022.||
|South Eastern Regional|Support for travel to Northern<br>Ireland by five||
|College (SERC)|students<br>and staff from Toyama Minami||
||Senior High School to collaborate<br>on a||
||project-based<br>learning project on tourism,|and|
||to develop cultural<br>and language<br>awareness|in|
||Ja an and Northern<br>Ireland, Se tember 2022.||
||Support for travel to Japan by Stephen||
||Marshall<br>and Deborah Baddoo to further their||
||research into jazz dance in Tokyo and Sendai,||
||through<br>interviews<br>with 20 key Japanese||
|State ofTrust|dancers and musicians,<br>and focusing on the<br>history and development<br>ofjazz dance in the||
||US,UK and Japan via talks and dance||
||presentations<br>in the run-up to the Jozenji||
||Street Jazz Festival in Sendai, September||
||2022.||
||Support for research travel to Japan to||
|Stojkovid, Dr Jelena|investigate<br>the work ofaphotographer<br>and||
|(Oxford Brookes|artist Abe Nobuya (1913-1971),particularly||
|University)|in relation to his life in Rome during the||
||1960s s iin<br>2022 .||
|THA London|Support for parallel<br>group exhibitions||
||showcasing<br>UK and Japanese artists in each||
||other's counhy<br>celebrating<br>the silkscreen||
||printing<br>technique,<br>and the history ofEnglish||
||screenprints,<br>with associated events,||
||Urashintora<br>and StolenSpace Galleries,||
||October 2021.||





|University|for the|Support for the transport ofartwork and|
|---|---|---|
|Creative Arts, School of||travel by practitioner<br>and National<br>Living|
|Craft and Design||Treasure, Mr Komiya, to attend an exhibition|
|||ofnew miniature<br>works by 28 contemporary|
|||UK and Japanese textile and to give a lecture|
|||and workshop,<br>University<br>for the Creative|
|||Arts, Crafts Study Centre, 4 Januaiy to 26|
|||March 2022.|
|University|ofAberdeen,|Support for athree-week<br>stay at the Institute|
|Institute ofMedical||ofMedical Sciences, University ofAberdeen|
|Sciences||by a Waseda University<br>academic to deploy|
|||advanced mass spectrometty<br>methods<br>in|
|||research collaboration<br>on the regulatory|
|||mechanism<br>ofthe Rho protein which plays an|
|||important<br>role in cancer progression,<br>leading|
|||to publications<br>and further links September|
|||2021.|
|University|ofAberdeen,|Support for fieidwork in Japan by Dr Bowden|
|Scbool ofGeosciences||to collect teaching materials for use in|
|||teaching deep-ocean<br>sedimentology<br>to|
|||Aberdeen<br>students<br>with a Japanese|
|||perspective,<br>and leading to areciprocal visit|
|||in which a similar sample set is acquired Irom|
|||Britain, for use by students<br>at Kobe and|
|||Kochi Universities,<br>August to November|
|||2021.|
|University<br>ofDundee,<br>Duncan ofJordanstone||Support for travel to Japan by Professor<br>Sandra Wilson to research frugal ways of|
|College of|Art and Design|working<br>with precious metals recovered fiom<br>electronic waste leading to an exhibition with|
|||the Scottish Goldsmiths<br>Trust in 2023.|
|University|ofExeter,|Support for atwo-week visit to Tohoku|
|Department|ofEconomics|University<br>by Dr Kripfganz to collaborate|
|||with PhD student Niklas Uliczka, and to|
|||engage in knowledge<br>transfer through|
|||seminars,<br>workshops,<br>and the delivety ofa|
|||methodological<br>training<br>course, autumn<br>2022.|





|University||of||Support for travel to Japan in spring 2022 by|Support for travel to Japan in spring 2022 by|
|---|---|---|---|---|---|
|Huddersfield,||||Dr Danilo Di Mascio to meet academics in||
|Department||of||Tokyo and Osaka, and document<br>the||
|Architecture|||and 3D|relationships<br>between architecture,<br>culture,||
|Design||||art and nature on Naoshima,<br>resulting<br>in an||
|||||article, exhibition<br>and seminar at the||
|||||University ofHuddersfield,<br>and feeding into|a|
|||||lar er corn<br>arative<br>ro'ect.||
|University||of|Manchester,|Support for travel grants for UK and overseas||
|School of|Arts,|||participants<br>taking pmt in the triennial BAJS||
|Languages||and Cultures||conference<br>at Mauchester<br>focusing on new||
|||||research in Japanese Studies and comprising||
|||||u<br>to 120<br>a ers, 7to 9Se tember 2022.||
|University||of|Oxford,|Support for the Japan festival<br>in which the||
|TORCH|~|The Oxford||sits and culture, alongside the histories,||
|Research|Centre for the|||literatures<br>and languages<br>ofJapan, will||
|Humanities||||feature as part ofawide-reaching<br>cultural||
|||||festival and 14events between October and||
|||||December 2021.||
|University||of|Sheffield,|Support for research travel to Japan by an||
|School of|East Asian|||academic to explore how Japanese colonial||
|Studies||||settlers from Korea and Manchuria<br>brought||
|||||the empire back into the social imagination|of|
|||||early postwar Japan through<br>research at the||
|||||National<br>Diet Library, resulting<br>in an article||
|||||and<br>resentations<br>summer 2022.||
|University||of|York,|Support for travel to Japan by Dr Oleg||
|Department||ofHistory||Benesch to undertake<br>research for abook||
|||||which places Japanese medieval<br>history and||
|||||symbols<br>into the context ofalarger 'Global||
|||||Medievalist<br>Moment' (1840-1960),||
|||||examining<br>reciprocal influences<br>that||
|||||reinforced medievalism<br>around the world and||
|||||the specific Japanese context, 2022.||
|Vaughan,|Mr||Stephen|Support for the publication<br>costs of'Zassho-||
|(Bath Spa||University)||Cascadia', the culmination<br>ofalong-term||
|||||photographic<br>enquiry<br>by documentary||
|||||photographer,<br>Stephen Vaughan,<br>that||
|||||considers interwoven<br>seismic histories<br>and||
|||||earthquake<br>probabilities<br>in Japan and the||
|||||Pacific Northwest,<br>September to December||
|||||2021.||





|Wilcox,|Mr Matthew|Mr Matthew|Mr Matthew|Support for travel to Japan by Matthew|f2,000|
|---|---|---|---|---|---|
|||||Wilcox to research 'The Sushi Encyclopedia'||
|||||(Phaidon), abook on sushi and Japanese food||
|||||culture focusing on the history and etiquette||
|||||ofsushi, and profiles ofchefs, rice growers,||
|||||vinegar makers, wasabi growers, urchin||
|||||divers and knife artisans,<br>September 2021.||
|Zon, Professor|||Bennett|Support for travel to the UK by Professor|f2,000|
|(Durham|University)|||Yoshiyuki<br>Kikuchi to take part in a||
|||||symposium,<br>and costs associated with the||
|||||conference which will explore connections||
|||||between Japanese and British science in the||
|||||19th cenhu<br>Jul<br>2022.||
|UK-side|total||||%141700|
|Ja an-side||||||
|Gorch Brothers||||Support for a one-week visit to Japan by|f.2,900|
|||||English Touring Theatre's artistic director and||
|||||aplaywright<br>to deliver aweek ofworkshops||
|||||for five to ten early and mid-career<br>Japanese||
|||||playwrights,<br>building<br>on an initial three-day||
|||||online workshop<br>in spring 2020, 15to 21||
|||||November 2021.||
|Kitamaesen||Co.,tdd.||Support for havel by drumming<br>group Kodo|%3,600|
|||||to perform at the Fire Station in Sunderland||
|||||as part ofKodo's 40th anniversary||
|||||celebrations: Kodo One Earth Tour 2022||
|||||featuring<br>elements<br>related to the nature<br>and||
|||||performing<br>arts ofSado Island, the home of||
|||||Kodo, Febtuat<br>2022.||
|Kyushu|University,|||Support for travel to London by Dr Kawahara|j2,150|
|Department||of||to participate<br>in research measuring||
|Communication|||Design|differences<br>in audio engineering,<br>contributing||
|Science||||to Queen Mary's Mix Evaluation<br>Dataset and||
|||||culminating<br>in apeer-reviewed<br>publication,||
|||||Se tember 2022.||
|Nishinaga,||Mr|Kazuki|Support for atwo-week visit to the UK by|f2,150|
|||||sculptor and artist, Kazuki Nishinaga<br>to set||
|||||up and film the collaborative<br>process of||
|||||installing<br>the exhibition A Third Map,||
|||||inspired<br>by the game ofchess and the tea||
|||||ceremony,<br>with fellow artist Ryan Orme,||
|||||2022.||





|Saitama University,|Saitama University,|Support for travel to the UK by academics to|F2,700|
|---|---|---|---|
|Graduate<br>Scbool of||psuticipate<br>in an international<br>workshop||
|Science and Engineering||marking<br>the bicentennial<br>ofthe publication of||
|||Joseph Fousder's Theoric analytique<br>de la||
|||chaleur which has had aprofound<br>effect on||
|||science and engineering,<br>27 June to 1 July||
|||2022.||
|Stick Vox Klavier||Support for travel to Japan by composer,|f2,450|
|||percussionist<br>and marimbist<br>Dr Alejandro||
|||Viiiao to perform at Kanagawa<br>Prefectural||
|||Hall, Munestugu<br>Hall (Nagoya) and Suntosy||
|||Hall (Tokyo), and to host master classes at||
|||Kunitachi<br>College ofMusic, Aichi University||
|||ofthe Arts and Tokyo University<br>ofthe Arts,||
|||Jul<br>2022.||
|Ja an-side total|||%15950|
|Total|Small Grants||f.157650|
|Daiwa|Foundation|||
|Awards||||
|Support|was prov'sded for|||
|the<br>ollowin<br>ro'ects:||||
|Fabula|Collective Ltd|Support for travel to Japan to create anew|F7,000|
|Project|Partner:|UK-Japan dance piece 'Everything<br>Would Be||
|HiWood Co.Ltd||Nonsense'<br>as past ofHUMAN. ,a||
|||choreographic<br>triple bill inspired<br>by UK||
|||literature,<br>specifically Macbeth, Alice in||
|||lYonderland,<br>and The Picture ofDorian||
|||Gray, premiering<br>at The Pit, New National||
|||Theatre, Tokyo; and a strategic networking||
|||event with Q&A for Japanese indusssy||
|||collea ues Au ust 2021.||
|Medical Governance||Suppoit for reciprocal UK-Japan visits to|F.9,500|
|Research Institute||facilitate collaborative<br>research into financial||
|Project|Partner:|conflicts ofinterest between pharmaceutical||
|University<br>ofBath,||firms aud the healthcare<br>sector, which will||
|Department<br>ofSocial and||result in abilingual<br>brochure to educate||
|Policy|Sciences|healthcare<br>professionals<br>and students,<br>and||
|||participation<br>in an international<br>meeting<br>in||
|||Bath, September to December 2022.||





|Sainsbury<br>Institute for|Sainsbury<br>Institute for|Support for travel to Japan and costs|
|---|---|---|
|the Study ofJapanese||associated with research and analyses ofthe|
|Arts and Cultures||Shinto statues housed in the collections ofthe|
|(SISJAC)||Sainsbuty<br>Centre in Norwich,<br>and with|
|project partners:||educational<br>programmes<br>conducted<br>in the UK|
|Nara National Research||and Japan with aview to enhancing<br>research|
|Institute for Cultural||and educational<br>networks.|
|Properties, Tokyo|||
|National<br>Museum,|||
|Ritsumeikan<br>Universi|||
|Scottish Universities||Support for dtree UK-based researchers<br>to|
|Environmental<br>Research||visit Lake Suigetsu in Fukui Prefecture to|
|Centre||engage in a study ofthe relationship<br>between|
|project partners:||Earth's magnetic<br>field strength<br>and the receipt|
|Ritsumeikan<br>University,||ofcosmogenic radiation<br>at the Earth's smface,|
|Research Centre for||as recorded by luminescence<br>profiling<br>at|
|Palaeoclimatology;||Lake Suigetsu, 2022.|
|Kobe University,|||
|Research Center for|||
|Inland Seas|||
|University<br>College||Support for travel to Osaka University<br>by five|
|London, Department|of|University<br>College London scientists to|
|Computer<br>Science||collaborate<br>with colleagues<br>at the Graduate|
|project partner:||School ofEngineering<br>Science in developing|
|Osaka University||arobot teleoperative<br>system and to deliver|
|Graduate<br>School of||talks on their research proposals<br>and|
|Engineering<br>Science||achievements,<br>28 March to 3 April 2022.|
|University<br>ofGreenwich,||Support for travel to Yamanashi<br>University|
|School ofComputing|and|by Greenwich<br>academics to collaborate<br>on a|
|Mathematical<br>Sciences||project proposing<br>novel, more accurate multi-|
|project partner:||view classification<br>models using AI, to help|
|University<br>ofYamanashi||accelerate to diagnosis ofCovid-19, August|
|||and December 2021.|
|University<br>ofHull,||Support for Dr Kazuyo Nakabayashi<br>from the|
|Department<br>of||University ofHull to travel to Japan to|
|Psychology<br>project partner:||embark on a collaborative<br>project to develop<br>fic online self-care programs<br>to support|
|Ritsumeikan<br>University,||children<br>suffering<br>trom domestic abuse in|
|Department<br>of||coping with emotional<br>distress caused by the|
|Psychology||ttauma. The project is in collaboration<br>with|
|||Ritsumeikan<br>University<br>to support<br>and|
|||strengthen<br>the work by aJapanese NPO|
|||which has been providing<br>a lifeline for the|
|||children.|





|University<br>ofSheftield,|Support for reciprocal UK-Japan visits to|Support for reciprocal UK-Japan visits to|f12,000|
|---|---|---|---|
|Translational<br>Energy|underpin joint research on|reduced-cost||
|Research Centre (TERC)|components<br>for hydrogen|fuel cells||
|project partner:|(focussing on platinum-fice|catalysts<br>and||
|Kyushu<br>University,|alternative<br>electrolytes)<br>to|ultimately<br>expedite||
|University<br>ofTokyo,|decarbonisation<br>ofthe automotive<br>sector,|||
|Hokkaido<br>University|June 2021 to May 2022.|||
|University<br>ofthe Arts|Support for travel to Japan|by ten University|f.7,000|
|London, Camberwell|ofthe Arts London students<br>on the new MA|||
|College ofArts|Global Collaborative<br>Design Practice course|||
|Project Partners|to spend 4months<br>visiting|Kyoto Institute of||
|Kyoto Institute of|Technology<br>as part ofa collaborative,|||
|Technology|creative exchange.|||
|Total<br>Awards|||f76 465|
|OVERALL Total|||f234 115|





||||Unrestricted|Funds|Restricted|Funds|Total Funds|Total Funds|
|---|---|---|---|---|---|---|---|---|
||||||||31March 2021|31March 2020|
|Income||||215,572|||215,573|467,895|
|Expenditure|||||||||
|Cosls ofgeneralingfimds|||||||||
|Fund managers'<br>tbes||||(23,390)|||(23,390)|(23,426))|
|Cbarnab(e acllvllles|||||||||
|Scholarships||||(619,048)|||(619,048)|(781,744)|
|Groats, Awards<br>bt Prizes||||(404,259)|||(404,259)|(452,397)|
|Events||||(274,936)|||(274,936)|(311,467)|
|Cultural<br>Relauons||||(43,138)|||(43,138)|(42256)|
|Total charitable<br>activities expenditure|||(1,341,381)||||(1,341,381)|(1,587,864)|
|Total expenditure|||(1,364,771)||||(1,364,771)|(1,6IIP90)|
|Net gain/(loss)<br>on investment||funds||9,217,732||14,227|9231,959|(3,469,580)|
|Net Income/(expenditure)||||8,068,533||14,228|8,082,761|(4,612,975)|
|Net movcmcnt<br>in funds||||8,068,533||14,228|8,082,761|(4,612,975)|
|Total funds brought|forward|||36,979,743||56,759|37,036,502|41,649,477|
|Total fands carried|forward|||45,048,276||70,987|45,119263|37,036,502|



