Integral Corporation

インテグラル is an investment group whose core business is investing in listed Japanese companies, as well as private companies and real estate in Japan and overseas. Its growth strategy is to contribute to the development of Japanese society and industry by earning management fees and carried interest through fund management, making principal investments with its own capital, and diversifying its asset classes through businesses including real estate investments and growth investments. It launched its real estate investment business in November 2024 and its global technology growth investment business in March 2025. Total committed capital for the Series 5 funds has grown to ¥250 billion. In May 2026, it completed the final closing of the real estate investment fund インテグラル・リアルエステート１号投資事業有限責任組合 (Integral Real Estate No. 1 Investment Limited Partnership), with ¥23.5 billion in committed capital. As part of efforts to strengthen its organizational structure, it plans to transition to a group holding company structure effective 1 October 2026. During the same period, the following fund investment activities were carried out. - In the PE investment business, the Series 5 funds invested in 八十島プロシード株式会社, acquired shares in アットホームホールディングス株式会社, which operates a real estate information services business, and invested in 株式会社STPR, an integrated entertainment production company. The animal hospital group held by MiraiVets Partners株式会社, an investment of the Series 4 funds, was expanded through the addition of P&Vホールディングス株式会社, which is primarily based in Kansai, 株式会社アイ・ディ・シー, which operates in Tokyo and Saitama, 株式会社くまちゃん動物病院 in Niigata, and 株式会社どうぶつ眼科専門クリニック in Osaka, bringing the group to a total of 49 facilities. The Series 3 funds completed their exit, including the transfer of all shares of TOYO ENGINEERING CORPORATION. Shares in MUTOHホールディングス株式会社, an investment of the Series 4 funds, were sold by tendering them into the company's tender offer. From July 2026 onward, the animal hospital group held by MiraiVets Partners株式会社 invested in 株式会社Vets Proof of Tokyo. - In the real estate investment business, Real Estate Fund No. 1 acquired a commercial facility in Osaka, a logistics facility in Matsudo, and rental housing in Fukuoka. The cumulative number of properties acquired reached 29, with total acquisition costs exceeding ¥54 billion. As a result of its fundraising activities, the fund completed its final closing in May 2026, with total committed capital of ¥23.5 billion. Key financial and business metrics (excerpt) - Revenue sources for the business segments include changes in the fair value of the PE investment business, real estate investment business and other businesses, as well as management fees received and carried interest. The investment period for the funds is generally approximately 5 years, representing the period permitted under the fund agreements for making new investments. - As of the most recent period, total assets were ¥99,842 million, equity attributable to owners of the parent was ¥70,538 million, and cash and cash equivalents at the end of the interim period were ¥35,794 million. Cash and cash equivalents at the end of the interim period increased from the end of the previous fiscal year.