The Daiwa Securities Group Tsunami Reconstruction Fund was established to assist survivors of the major earthquake and resulting tsunami that struck Indonesia and other countries along the Indian Ocean on December 26, 2004. The fund will provide long-term support for ten years starting in fiscal 2005, with an annual disbursement of ¥10 million, totaling ¥100 million. The Daiwa Securities Group Tsunami Reconstruction Fund was set up within the Asian Community Trust (ACT), and provides assistance to local NGOs in Indonesia, Sri Lanka, and India that carry out projects in three areas: psychological well-being of children, education for children, and micro-finance projects.