Resilience of the Startup Financing Market
First written in FY2021. 4 of 16 entries say "Restated". Latest entry: 2026-08-06.
1 other company's latest entry also says "Restated".
- 2026-08-06RestatedEarnings
「Although startup fundraising remained solid in the first half of 2026, according to STARTUP DB, the number of companies that raised funds declined substantially, accelerating the selection and concentration of investment in promising companies.」
The company highlighted the resilience of total startup fundraising alongside a substantial decline in the number of companies raising funds and greater selectivity and concentration around promising companies. - FY2026Startup financing exceeds ¥1 trillion, while selective investment and deep-tech investment continueAnnual report
「In addition, although startup fundraising exceeded ¥1 trillion in 2024 and has remained flat since then, investment has continued actively in certain growth sectors amid increasingly selective investment, particularly in deep-tech fields such as AI, renewable energy, biotechnology and space.」
The company recognized that fundraising in the startup market exceeded ¥1 trillion in 2024 and has remained flat since then, while investment has continued in certain growth sectors, including AI, renewable energy, biotechnology and space. - 2026-05-08ReframedFinancial Results Presentation
「2025 was described as a “turning point for the startup environment,” with developments including the concentration of funding driven by advances in AI and changes in the exit environment.」
The explanation of the startup fundraising market now includes changes in the environment, including the concentration of funding around AI, shifts in investment themes and the establishment of exit methods other than IPOs. - FY2025AdvancedAnnual report
「Startup fundraising in 2024 amounted to ¥1.0891 trillion (Source: STARTUP DB), recovering slightly from 2023, which was described as a “startup winter.” At the same time, some expressed concern about uncertainty in global financial markets, intensifying competition and slowing growth.」
The company explained that fundraising in the startup market amounted to ¥1.0891 trillion in 2024, representing a slight recovery from 2023. - FY2025-H1Recovery trend in the fundraising marketAnnual report
「Although the domestic startup fundraising market had continued to decline under the influence of financial conditions, signs of recovery have emerged, with the amount raised in January–September 2024 increasing 3% year on year and the amount raised in July–September 2024 increasing 19% year on year (source: STARTUP DB).」
The Japanese startup fundraising market had been on a declining trend, but fundraising in January–September and July–September 2024 increased year on year, indicating a recovery trend. - FY2024-Q3RestatedAnnual report
「Against the backdrop of conditions in the United States, fundraising by Japanese startups also declined by approximately 30% year on year (Source: STARTUP DB).」
The company continues to recognize that fundraising by Japanese startups declined by approximately 30% year on year. - FY2024-Q2Approximately 30% decline in fundraisingAnnual report
「Against the backdrop of conditions in the United States, fundraising by Japanese startups also declined by approximately 30% year on year (Source: STARTUP DB).」
The company explained that, in addition to the uncertainty in the fundraising market through the previous quarter, fundraising by Japanese startups from April through September 2023 declined by approximately 30% year on year. - FY2024-Q1Significant decline in fundraisingAnnual report
「The Japanese startup fundraising market fell sharply by 35.2% year on year in January–June 2023 (Source: STARTUP DB, “2023 First-Half Report on Domestic Startup Investment Trends”).」
In addition to the uncertain market environment through the previous quarter, domestic startup fundraising in the first half of 2023 declined 35.2% year on year. - FY2023-Q3Domestic fundraising increased slightly, subject to certain conditionsAnnual report
「Domestic fundraising in 2022 increased slightly year on year when excluding investments by large companies in their subsidiaries (Source: STARTUP DB 2022 Annual Report on Domestic Startup Investment Trends).」
In contrast to the declining fundraising trend reported through the previous quarter, the company explained that domestic fundraising in 2022, excluding investments by large companies in their subsidiaries, increased slightly year on year. - FY2023-Q2Further decline in fundraisingAnnual report
「Meanwhile, global stock market weakness stemming from volatility in the financial and capital markets has caused the number of IPOs and the amount of capital raised in global markets to decline year on year. In Japan, although large fundraising transactions and the establishment of large funds have been observed, conditions remain uncertain, with the amount raised in the first half of 2022 (January–June) declining by approximately ¥200 billion year on year, from approximately ¥650 billion to approximately ¥450 billion, according to the STARTUP DB 2022 First-Half Domestic Startup Investment Trends Report, and the amount raised in the July–September quarter also declining by approximately ¥140 billion year on year, based on the company's calculations from STARTUP DB data.」
Following the first half of 2022, fundraising by domestic startups in the July–September quarter also declined by approximately ¥140 billion year on year, further indicating uncertainty in the fundraising market. - FY2023-Q1Declining fundraising and increasing uncertainty in the environmentAnnual report
「Meanwhile, global stock market weakness stemming from volatility in the financial and capital markets has caused the number of IPOs and the amount of capital raised in global markets to decline year on year. In Japan, although large fundraising transactions and the establishment of large funds have been observed, conditions remain uncertain, with the amount raised in the first half of 2022 (January–June) declining by approximately ¥200 billion year on year, from approximately ¥650 billion to approximately ¥450 billion, according to the STARTUP DB 2022 First-Half Domestic Startup Investment Trends Report.」
In contrast to the previous recognition of a robust fundraising market and record-high investment, the company explained that domestic fundraising in the first half of 2022 declined from approximately ¥650 billion to approximately ¥450 billion and that uncertainty would continue. - FY2022AdvancedAnnual report
「Against this backdrop, investment in Japanese startups reached a record high in 2021 (calendar year). Efforts are also actively under way to expand the institutional framework, including a debt guarantee scheme for private-sector lending to deep-tech ventures and the easing of restrictions on overseas investments by funds.」
The company described a business environment supported by a record high in investment in domestic startups in 2021 and the expansion of the fundraising market and institutional framework. - FY2022-Q3Steady growth in hiring demand against a backdrop of increased fundraisingAnnual report
「Meanwhile, since the first quarter, the number of job openings has continued to grow relatively steadily, driven by rising hiring needs against a backdrop of increased fundraising by startups and growth companies.」
The company described the business environment as one in which hiring needs are rising against a backdrop of increased fundraising by startups and growth companies, and the number of job openings is growing relatively steadily. - FY2022-Q2RestatedAnnual report
「The importance of comprehensive support for building the startup ecosystem has been advocated.」
Regarding the external environment surrounding startup fundraising and ecosystem development, the recognition remains that the importance of comprehensive support is high. - FY2022-Q1RestatedAnnual report
「The startup fundraising market also remains robust, despite a temporary decline attributable to the COVID-19 pandemic, with fundraising of ¥701.0 billion in 2019 and ¥680.0 billion in 2020, down 3.0% year on year (*).」
Although fundraising in 2020 fell 3.0% year on year, the recognition remains that the startup fundraising market is still robust. - FY2021First statedAnnual report
「The startup fundraising market also remains robust, despite a temporary decline attributable to the COVID-19 pandemic, with fundraising of ¥701.0 billion in 2019 and ¥680.0 billion in 2020, down 3.0% from the previous fiscal year.」
Although fundraising declined in 2020 due to COVID-19, the recognition remains that the market is still robust.