The Development Bank of Japan (DBJ) has become the latest major investor to back Tokyo-based K2 Pictures’ pioneering new film production fund, signaling growing institutional confidence in the company’s bid to shake up Japan’s long-stagnant film financing system.

K2 Pictures said Friday that it has secured a ¥500 million ($3.3 million) investment from DBJ for its flagship K2P Film Fund I, adding momentum to the year-old venture’s effort to create what founder and CEO Muneyuki Kii calls “a new ecosystem for Japanese cinema.”

The Development Bank of Japan (DBJ) has become the latest major investor to back Tokyo-based K2 Pictures’ pioneering new film production fund, signaling growing institutional confidence in the company’s bid to shake up Japan’s long-stagnant film financing system.

K2

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