Annual Report

Table of Contents
Page #
1 Message from the FUTI President
2 FUTI at a Glance 2007-2022
2-4 Report on the 2022 FUTI Scholarship Programs
4-5 Roster of Global Leadership Scholarship
Recipients, 2022
5-7 Roster of Mid- to Long-Term Scholarship Recipients, 2022-2023
7 Report from the FUTI Alumni Association
8-9 Fundraising Results of FY 2021-2022
9-10 Summary of Financial Statement FY 2021-2022
10 FUTI Lecture Series
11 FY 2021-2022 List of Donors
12 FUTI Organization

Message from the FUTI President
I am pleased to present you with the 2022 Annual Report.
Since its inception in 2007, Friends of UTokyo, Inc. (FUTI) has been
providing opportunities to a number of highly talented students fromthe US and Japan through FUTI’s summer scholarships. Thesescholarships have undoubtedly made substantial impacts on the lives
and early career development of outstanding UTokyo students, as well
as students from leading US universities in science, technology, artsand the humanities, as potential next-generation leaders in the world.
However, the rapid spread of the SARS-CoV-2 virus worldwide since early 2020 seriously affected
universities both in Japan and the US, leading to the cancellation of short-term summer programs andthe switching of courses to virtual lectures through Zoom. Some scholarship students were left withno choice but to attend courses virtually from Japan as foreign students were prevented from thecampuses of many universities in the US despite the fact that they were admitted to those universities.
Consequently, FUTI’s Study Abroad programs had to make substantial adjustments. Nevertheless, ouractivities continued through online symposia, seminars, panel discussions, webinars, and alumni
gatherings through the rapid and proactive use of Zoom.
After three full years of struggling with the Covid-19 pandemic, most universities in the US havealready moved back to in-person operations. Thus, most of the short-term summer programs in the US
have also resumed. Accordingly, FUTI’s programs will resume near normal operations. FUTI is also
closely cooperating with the UTokyo New York Office (UT NYO) to fulfill our mission.
We have been witnessing the many serious problems our world is facing, e.g., natural disasters induced
by climate change, pandemic diseases, rise of autocracy weakening democracies, brutal invasion by
Russia in Ukraine, lasting civil wars in Africa with increasing number of refugees, and a widening gap
between the wealthy and the poor, etc. Therefore, cultivation of the next-generation leaders, who areresilient and can find solutions to these issues is evermore essential for us, which is exactly the missionof FUTI.
I would like to extend my sincere gratitude to all those who have supported FUTI’s mission to foster
the global leaders of tomorrow and ask for your continued support.
Sincerely yours,
Iwao Ojima, President, FUTI
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FUTI at a Glance 2007-2022
Scholarships and Grants Awarded to Date

179

66
Mid- to Long-Term
Scholarship Awards

Funds Raised to Date

$775,728

7n1at6ions

Do eived
rec e fromt
to dalumnia

FUTI Global
Leadership Awards$702,958

Individuals andOthers

Shintech, Inc.

Total donations
received to date

$45,809$2,650,895

UTokyo New York Ofﬁce$1,126,400

Ito Foundation U.S.A.

Report on the 2022 FUTI Scholarship Programs
I. Overall Status
In contrast to the mid- to long-term studies lasting one semester or longer that were not too severely affected by theCoronavirus Pandemic, the short-term study abroad programs were significantly impacted. The FUTI Scholarshipfund, which is supported by donations from alumni, individuals, and Shintech Inc., has traditionally been allocated tosupport short-term study programs, but with the decrease in short-term study activity, some of the funds were instead
used to supplement the mid- to long-term study programs. Using the FUTI Scholarship fund toward mid- tolong-term studies was in the works for 2021 as well, but because students were not able to execute their study abroadplans, 2022 became the first year in which some mid- to long-term studies were supported by the FUTI Scholarshipfund.
2022 marked the first year that a scholarship was provided for a student that was funded by a donation from the2

Report on the 2022 FUTI Scholarship Programs
UTokyo New York Office. With anticipation for its significant impact on the scholarship programs, this donation will
be expanded starting in 2023 under the official name, Hsun Kwei & Aiko Takizawa Chou Scholarship, and will be
operated parallel to the longstanding Ito Foundation U.S.A.-FUTI Scholarship established in 2016. Dr. Hsun Kwei
Chou, a native of Shanghai City, moved to the United States upon receiving his PhD in Engineering from the
University of Tokyo. In the U.S., he established himself as an “angel investor” after many successful ventures in thesemiconductor-related business. His aspiration has been to foster “development and cooperation” among three nations:
Namely, China, where he was raised; Japan, which provided him with an advanced education; and the United States,
which presented him with business opportunities. He has donated large sums to educational institutions in these three
countries because he believes his wealth to be a “gift from these societies” and wishes to give back to them by donating
to educational institutions that nurture people who strive to create a better society. The Hsun Kwei & Aiko Takizawa
Chou Scholarship, administered by Friends of UTokyo, Inc. (FUTI)is funded by a generous donation made to the
University of Tokyo New York Office (UTokyoNY) by Dr. Hsun Kwei Chou and Mrs. Aiko Takizawa Chou.
With deep gratitude for each and every donation, it is with renewed determination that FUTI uses the funds effectively
to further University of Tokyo’s globalization efforts, and to help the future generation in becoming leading contributors
to society.
II. Scholarships for mid- to long-term studies
In 2022, there were 34 applicants, surpassing the number of applicants from previous years, of which 11 were selected.
The increased number of applicants can be mainly attributed to the 14 applicants participated in UTokyo’s
University-wide Student Exchange Program (USTEP) in which current students undergo an internal selection process
to study at collaborating universities for one to two semesters. The program was reactivated most likely on the hopeful
assumption that the coronavirus pandemic would subside soon.
The USTEP participants were among those who received the Ito Foundation U.S.A.-FUTI Scholarship. Many of themwere also receiving support from the Japan Student Services Organization ( JASSO) Scholarship which restricts support
from a third-party scholarship to no more than ￥80,000JPY per month. On top of the JASSO regulation, the extreme
weakening of the yen at the time of funding led to a substantial devaluation of the scholarship. As a countermeasure,
JASSO increased their 2023 budget and added ￥20,000JPY to the monthly amount. FUTI decided that regardless ofwhen the payment was made, the more favorable exchange rate which was valid at the time of the scholarship selection
will be used.
The FUTI Scholarship was awarded to two foreign students (one from Ghana and the other from Malaysia) who cameto study at UTokyo and wished to study in the US. In addition, a graduate student from the US is being supported toundertake original research at UTokyo.
Additionally, one UTokyo student was awarded a scholarship to study in the US with the aforementioned funding fromthe UTokyo New York Office.
3

Report on the 2022 FUTI Scholarship Programs
III. Scholarships for short-term studies
In 2022, support for online courses was discontinued. In 2020 and 2021, since courses were switched to an online
format after the FUTI’s study abroad plans had already been finalized, scholarships were awarded by adjusting for travelcost. However, in 2022, it was possible to avoid complications with online courses by making it clear from the beginningthat online courses will not be supported.
Most UTokyo summer programs were either canceled or were offered as an online course, but the UTSIP-Kashiwa
program remained in-person. FUTI was prepared to award one US university student with a scholarship to attend
UTSIP, but the student, who is from Vietnam, could not obtain a visa to go to Japan and participate. Thus, there wereno scholarships awarded for US university students to go to UTokyo.
Many of the summer programs at US universities went back to the in-person format in 2022. In total, 12 UTokyo
students applied for an FUTI scholarship, and five recipients were selected, a higher number than in previous years.
Participants attended programs which lasted about one month at Harvard, Yale (two students), Johns Hopkins, andStanford.

Roster of Global Leadership Scholarship Recipients, 2022
* All information listed below are based on data collected at the time of application.

Anna Blanchﬁeld
Harvard University, Junior
Chemical and Physical Biology
University of Tokyo IRCNInternational Summer Internship Program

Jonas Hansen
Harvard University, JuniorEngineering Physics and Computer Science
University of Tokyo IRCN
Research Internship at the Laboratory for Intelligent Systems and Informatics

Mariko Kanegae
University of Tokyo, 5th year
Faculty of Medicine
Visiting Medical Student Elective at
Johns Hopkins University School of Medicine

4Roster of Global Leadership Scholarship Recipients, 2022
* All information listed below are based on data collected at the time of application.

Kana Sugiyama
University of Tokyo, JuniorInternational Relations
Harvard Summer School

Nao Sumi
University of Tokyo, Junior
Department of Engineering, Information and Communication Engineering
Yale University

Ryohei Yoshimoto
University of Tokyo, Senior
Department of Education, Physical and Health Course
Sleep and Circadian Neurobiology Laboratory,
Stanford Center for Sleep Sciences and Medicine Visiting Student Researchers

Roster of Mid- to Long-Term Scholarship Recipients, 2022-2023* All information listed below are based on data collected at the time of application.

Shotaro Beppu
University of Tokyo, Junior
Faculty of Engineering Department of Systems Innovation PSI course
Massachusetts Institute of Technology
Department of Economics, Master of Applied Science in Data, Economics, and Development Policy

Manaka Hataoka
Harvard University, Master 1st year
Graduate School of Design
Harvard University
Graduate School of Design, Department of Landscape Architecture (2nd year)

5Roster of Mid- to Long-Term Scholarship Recipients, 2022-2023
Ryo Kosaka
University of Tokyo, Junior
Department of Business Administration, Faculty of Economics
University of Illinois at Urbana-Champaign
College of Liberal Arts & Sciences

Yi Jia Liow
University of Tokyo, Master 2nd year
International Health, Human Ecology
Harvard University
The Graduate School of Arts and Sciences, Human Evolutionary Biology

Yui OmoriNorth Carolina State University, Master 2nd year
College of Design, Landscape Architecture and Environmental Planning
North Carolina State University
College of Design, Landscape Architecture and Environmental Planning (2nd year)

Shiho Sugiyama
University of Tokyo, Sophomore
Electronics and Computer Engineering
Princeton University
Electrical and Computer Engineering

Risako Takashima
University of Tokyo, 2018
College of Arts and Sciences, Area Studies
University of Chicago
Harris School of Public Policy, Master of Public Policy

Akiko Uemura
Yale University, PhD Candidate
Graduate School of Arts and Sciences, Department of Spanish and Portuguese
University of Tokyo
Historiographical Institute, Foreign Visiting Researcher

6Roster of Mid- to Long-Term Scholarship Recipients, 2022-2023
Shafaat Abubakar Ukishima
University of Tokyo, 2021
Department of Humanities and Social Sciences/ PEAK Japan in East Asia
Harvard University
Graduate School of Education/ Education Leadership, Organizations and Entrepreneurship

Rina Umeda
University of Tokyo, Sophomore
College of Arts and Sciences, Natural Sciences II (PEAK)
Princeton University
Civil and Environmental Engineering

Anna Yorozuya
University of Tokyo, Senior
Faculty of Law
Yale University
Political Science

Report from the FUTI Alumni Association
My name is Yuki Haba, the founding director of FUTI Alumni Association (FAA). FAA
started in 2019 to support and connect 200+ FUTI alumni members worldwide. Despite theinevitable impact by the pandemic, we have been able to co-host several events including:“Universities and Society in the AI Era: Experiences from being a University President in
America” on October 9, 2021; “Searching for Best Practices in Combining Work and Family
Roles in an International Career” on January 22, 2022; and “Constraints of the Biden
Administration and Japan-US Cooperation” on April 22, 2022. We have also been actively
sharing information with the FAA mailing list and continuing to engage with the connections
we have made in the past few years. I had the privilege to attend the annual FUTI Board andAdvisory Committee Meeting with two past FUTI fellows (a physician and a UTokyo
graduate student) to discuss how we can encourage a diverse community at FUTI. I
emphasized that the connection we would create between the FUTI fellows, as well as thatwith the FUTI Board members, could be far more important than the financial support
FUTI offers through the scholarship program. The real “passion” we exchange at in-person
events is really irreplaceable. So, we are hoping to host several in-person events this year to
fully nurture the connection and interaction between FAA members and beyond.
7

Fundraising Results of FY 2021-2022
In fiscal year 2021/22 (from July 1, 2021 to June 30, 2022), FUTI received a total of approximately $270,000 in
donations. The amount donated annually in the past since 2012/13 to 2020/21 were approximately $131,000, $110,000,$116,000, $316,000, $199,000, $313,000, $296,000, $200,000, and $350,000 (See the attached chart.). The sharp
increase in total donations in 2015/16 was due to the donation of up to $200,000 p.a. from the Ito Foundation U.S.A.,
which started that year.
In recent years, due to the Covid pandemic, study abroad and international academic exchanges at UTokyo had
temporarily slowed down, but study abroad programs have begun to recover this year. Until last year, the annual average
donation from the Ito Foundation U.S.A. was 200,000 dollars, but beginning this year, the upper limit will be 100,000
dollars per year to reflect the Foundation's policy. This donation is applied to the “Ito Foundation U.S.A.-FUTI
Scholarship” program which supports current students and alumni of the University of Tokyo who intend to study in
the United States for one semester or longer. The next largest donation was a trust distribution of $59,000 from
Shintech, which is mainly used to support short-term study abroad programs during the summer. Shintech has
continuously supported FUTI for many years.
The number of individual donors (“general public”) has fluctuated between 60 and 70 people in recent years. However,
due to the disruption of social interaction during the Covid crisis, the number declined to about 40 in 2020/21. Thanks
in part to the increase in donation size from existing supporters, the total amount of individual donations reached$61,000 in 2021/22, which is similar to the level of annual donations prior to the Pandemic. We would like to thank allof our supporters for understanding the importance of individual donations. Now that the Covid pandemic appears to
be winding down, it has become very important for us to cultivate new supporters.
We are pleased to report that the University of Tokyo New York Office has started to give FUTI a sizable donationfrom this year. This donation is funded by a gift to the University of Tokyo New York Office by Dr. and Mrs. Hsun
Kwei Chou and Aiko Takizawa Chou. From next year, we expect to start offering scholarships in the total amount ofapproximately $100,000 a year using this fund. Born in Shanghai, Dr. Hsun Kwei Chou obtained a doctorate inengineering from the University of Tokyo Graduate School. Dr. Chou, a successful “angel investor”, established a seriesof semiconductor-related companies in the United States.
We would like to thank the Ito Foundation U.S.A., Shintech, and the University of Tokyo New York Office for theirgenerous support of FUTI's mission/activities. At the same time, we are keenly aware that it is very important for us toreceive sufficient donations from individual donors in order to accept these large donations which enable us to maintainthe current level of activity. We would like to express our gratitude to each and every one of our supporters for the
donations and continued support.
FUTI has been able to make great strides and develop various programs. We are pleased to see the growth of the
Scholarship and Research Grant Programs, and the dedication and hard work of our awardees in their studies. Amongsome of the recipients, their study abroad has had such an impact that they have gone on to win prestigious awards. It
also gives our graduates great joy to enhance the presence of the University of Tokyo in the global community, which is
becoming increasingly competitive with many prestigious universities. We would like to express our deepest gratitude
to all who have supported us in facilitating many outstanding students’ advancement in the global community.
8

Fundraising Results of FY 2021-2022
Trends in Contributions to FUTI, 2009-2022 (In US Dollar)

Individual and Others
Shintech, Inc.
Ito Foundation U.S.A.
UTokyo NY Ofﬁce

Summary of Financial Statement FY 2021-2022(Year ended June 30, 2022)

Statement of Financial Positions (Unit: US Dollar)
AssetsLiabilities
Current Liabilities
Scholarships and Grants payable 204,784
Accrued expenses
6,081

Current Assets
Checking & Savings Accounts 657,679
Contributions receivable
24,393Fixed Assets
Total Assets

0682,072

Long-term Liabilities

0

Total Liabilities

210,865

Net Assets
Unrestricted Assets
Restricted Assets

9419,22251,985

Total Net Assets

471,207

Net Assets and Total Liabilities

682,072

Statement of Activities (Unit: US Dollar)
Support and Revenue

Expenses

Contributions
Interest

266,10630

Total Support and Revenue

266,136

Revenues over Expenses

26,666

Net assets, beginning of year
Net assets, end of year

444,541
471,207

Grants (Awards, Research Grants)

216,284

Managerial and general

23,186
239,470

Total Expenses

FUTI Lecture Series
The objectives of the FUTI Lectures Series is to provide UTokyo alumni and others with an opportunity to explore, challenge anddebate salient issues with visiting UTokyo scholars and distinguished alumni in an informal setting. The events generally take place
online or in a mid-Manhattan location.

Lecture Theme

Lecturer and Afﬁliation

Date

Universities and Society in the AI Era:
Experiences from being a
University President in America

Prof. Sadaoki Furui, President of
Toyota Technological Institute at Chicago

Oct. 9, 2021

Searching for Best Practices in
Combining Work and Family Roles inan International Career

Miwako Hosoda (Professor, Seisa University)and others

Jan. 22, 2022

The Constraint of the Biden
Administration and Japan-US
Cooperation

Takeshi Komoto, Minister of Economy,
Trade, Industry/Business, and Energy,
at the Embassy of Japan in the USA

Apr. 22, 2022

Our thanks to alumni organizations including Satsuki-kai America, Chicago Akamon-kai, New York Icho-kai and
FUTI Alumni Association for their support for the lecture series.

10* Affiliation is as of the date of event

FY 2021-2022 List of Donors
Friends of UTokyo gratefully acknowledge and appreciate the gifts from our donors which help to support FUTI’s scholarshipprograms and the other many activities to further the globalization and future development of The University of Tokyo in the U.S.,
Japan and in the world.
FY 2021-22 total: $266,105

Benefactor($15,000 or more)
Ito Foundation U.S.A.
$100,000
Shintech, Inc.
$59,059*
UTokyo New York Office$45,809†
Donor($1,000-$14,999)
Iwao Ojima$6,000Hisashi & Masae Kobayashi$5,000
Shigenori & Sumie Matsushita$5,000
Krishen & Geeta Mehta$5,000Masaaki Yamada$5,000Motoatsu & Nobuko Sakurai$3,500
Yuichiro & Chika Kuwama$3,000Junji Takegami$3,000
Yasuo Okamoto$2,500
Masako Osako$2,500
Yoshinari Ikiri$2,000Hisashi Kobayashi
in memory of
Shoshichi Kobayashi$2,000
Chiaki Kusuhara$1,100Anonymous$1,000

Naoya Ando
$300
Anonymous$300
Erika White$250
Masayuki Ono$250

Toru Asami$1,000Donations under $250

Koichi Hamada & Carolyn Beaudin$1,000

Hiroaki Sando$200

Kenichi Sugiyama$1,000Anonymous$200

Ko-Yung Tung
$1,000Anonymous$150

Shinya Wako
$1,000

Jotaro Hamada$120

Supporting Member($500-$999)

Ryoko Kanazawa$100

Anonymous$600

Yukiko Kobayashi$100

Sadaoki Furui$500

Names only
(in alphabetical order)

Takeshi Komoto$500

Tetsunosuke Fujisaki

Yoichi Yoshida$500
Friends($250 - $499)

Fumito Ichinose
Takatoshi Ito
Shigeru Mori

Minami Goto
$368

Yosuke Tanigawa*Dividend income from a $5 million trust fund created for the benefit of FUTI
† For the Hsun Kwei & Aiko Takizawa Chou Scholarship

11

FUTI Organization
BOARD OF DIRECTORS
Iwao Ojima
President and CEO
University Distinguished Professor, Stony Brook
University – State University of New York
Yuichiro Kuwama
Vice President and CFO
Associate Professor of Clinical Medicine,
Icahn School of Medicine at Mount Sinai
Junji Takegami
Vice President and COO
Advisor, Tiger Pacific Capital LP
Takatoshi Ito
Director of Academic Affairs
Professor of International and Public Affairs,
School of International and Public Affairs,
Columbia University; Director, Program on
Public Pension and Sovereign Funds; Associate
Director of Research, Center on Japanese
Economy and Business, Columbia Business School
Shohei Koide
Director of Academic Affairs
Professor of Biochemistry and Molecular
Pharmacology, New York University School of
Medicine; Director of Cancer Biologics,
Perlmutter Cancer Center at NYU Langone
HealthShigenori Matsushita
Director of Scholarship Programs
Former President of Japan Wink
Communications, Member of the JapaneseComputer Pioneers
Geeta Mehta
Director of International Alumni Programs
Adjunct Professor of Urban Design,
Columbia University;
Founder and President, Asia Initiatives
Masako Osako
Director of Public Relations
Executive Director, International Longevity
Center (ILC) Global Alliance; Director,
Satsuki-kai America
Nobuko Sakurai
Director of FUTI Alumni Association
Relations
Advisor, Lotus Circle Asia Foundation
Atsushi Tsuda
Executive Vice President, University of Tokyo

Yoshinari Ikiri
Legal Counsel
Vice President & Assistant General Counsel,
JPMorgan Chase Bank, N.A.

Hughes, Hubard & Reed LLP

Masaaki Yamada
President Emeritus (non-voting)Distinguished Research Fellow,
Princeton Plasma Physics Laboratory

Ko-Yung Tung
Lecturer on Law, Harvard Law School;
Vice Chair, NY Ichokai

Hisashi Kobayashi
President Emeritus (non-voting)Princeton University, Sherman Fairchild
University Professor of Electrical Engineeringand Computer Science, Emeritus. Dean of the
School of Engineering and Applied Science,
Emeritus
Junji Masuda
President Emeritus (non-voting)President Emeritus, New York Icho-kai
Hiroshi Komiyama
Honorary Director (non-voting)
Chairman of the Institute, Mitsubishi ResearchInstitute; 28th President, University of TokyoADVISORY COMMITTEE

Yuriko Suzuki
Principal, Y SUZUKI CONSULTING, LLC

Erika D. White
Attorney, Davis and Polk & Wardwell LLP
Tai Hasegawa
Ex Officio
President, Stanford and Silicon Valley
Akamon-kai; President, Henry Taube InstituteTakako Matsui
Ex Officio
Floral Designer;
Representative Director, Satsuki-kai America
Koichi SatoEx Officio
President, San Francisco Akamon-kai
Katsuyuki Yamaguchi
Ex Officio
President, New York Icho-kai; Managing
Partner at Nishimura & Asahi NY LLP

Masaaki Yamada
Advisory Committee ChairSCHOLARSHIP COMMITTEE

Tetsunosuke Fujisaki
Treasurer
President, Ringo Software Technology, Inc.

Shigenori Matsushita
Scholarship Committee Chair

Koichi Hamada
Professor Emeritus, Yale University;
Professor Emeritus, The University of Tokyo
Hisashi Kobayashi
Miwako Hosoda
Professor, Seisa University
Akiko Koide
Research Assistant Professor, New York
University School of Medicine, Perlmutter
Cancer Center at NYU Langone Health;President, Satsuki-kai America

Nobuko Sakurai
Scholarship Committee Vice Chair
Shohei Koide
Iwao Ojima
Masako Osako
Junji Takegami
Masaaki Yamada

Takeshi Komoto
Minister, Embassy of Japan in the
United States of America
Yasuo Okamoto
Senior Counselor,
As of September 24, 202212