Rebuilding the Earnings Base Through the Formation of New Funds
First written in FY2017-Q1. 23 of 35 entries say "Advanced", first in FY2017-Q3. Latest entry: 2026-08-14.
4 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「During the consolidated fiscal year, we newly formed 3 funds with a combined total size of ¥2,982 million. We also increased the total size of 2 funds already under management by ¥517 million.」
The Company newly formed 3 funds totaling ¥2,982 million and increased the size of 2 existing funds by a combined ¥517 million. Rebuilding the earnings base through fund formation progressed. - FY2026-H1AdvancedAnnual report
「During the interim consolidated period, the Company increased the size of 2 funds and established 1 new fund, resulting in increases in both the number of funds and total fund size.」
During the interim period, the Company increased the size of 2 funds and established 1 new fund. The new fund includes investment areas targeting listed companies related to tourism and regional revitalization, domestic listed companies related to Web3, and companies related to crypto assets. - FY2025AdvancedAnnual report
「Meanwhile, 4 funds were established, with a combined total fund size of ¥1,569 million.」
In FY2025, 4 funds totaling ¥1,569 million were newly established. Fund formation to expand the earnings base of the investment management business progressed from 1 fund in FY2025-H1. - FY2025-H1AdvancedAnnual report
「JAIC Wealth Fund Investment Limited Partnership June 2024 December 2033 ¥35 million」
In June 2024, the Company established a new ¥35 million fund targeting domestic venture companies, with private banks and high-net-worth individuals envisaged as its principal investors. - FY2024-Q2AdvancedAnnual report
「Meanwhile, the total size of the Succession No. 2 Investment Limited Partnership, which invests in small and medium-sized companies in Japan facing business succession issues, increased, as did the total fund size due to foreign exchange movements. In addition, between the end of the second quarter and the submission date of this report (the end of October 2023), Succession No. 2 was increased further, completing fund formation with a final total size of ¥5,101 million.」
The total size of the Succession No. 2 fund was ¥4,301 million at the end of the quarter and increased to ¥5,101 million after the additional investment received by the submission date, completing fund formation. - FY2024-Q1AdvancedAnnual report
「During the cumulative period of the first quarter of the current consolidated fiscal year, the total fund size increased from the end of the previous consolidated fiscal year due to an increase in the Succession No. 2 Investment Limited Partnership, which invests in small and medium-sized companies in Japan facing business succession issues, as well as foreign exchange movements.」
The total size of the Succession No. 2 fund increased from ¥2,701 million to ¥4,201 million, advancing the rebuilding of the earnings base through new fund formation. - FY2023-Q3AdvancedAnnual report
「During the cumulative period of the third quarter of the current consolidated fiscal year, the Company established and subsequently increased the size of the Succession No. 2 Investment Limited Partnership, which invests in small and medium-sized companies in Japan facing business succession issues, bringing its total fund size to ¥2,701 million.」
The Succession No. 2 fund was increased from the previously reported ¥1,801 million to ¥2,701 million. - FY2023-Q2AdvancedAnnual report
「During the cumulative period of the second quarter of the current consolidated fiscal year, the Company newly established the Succession No. 2 Investment Limited Partnership, which invests in small and medium-sized companies in Japan facing business succession issues, with a total fund size of ¥1,801 million.」
The Succession No. 2 fund, targeting business succession at domestic small and medium-sized companies, was established in August 2022 with a total size of ¥1,801 million. - FY2022AdvancedAnnual report
「During the current consolidated fiscal year, 1 new fund with a total size of ¥1,001 million was established. Meanwhile, 2 funds with a total size of ¥1,678 million decreased.」
A new ¥1,001 million fund was established, while the fund portfolio was rebalanced through the decrease of 2 funds totaling ¥1,678 million. - FY2022-Q2RestatedAnnual report
「During the cumulative period of the second quarter of the current consolidated fiscal year, 1 new fund with a total size of ¥1,001 million was established. Meanwhile, 1 fund with a total size of ¥500 million that had been undergoing liquidation and 1 fund with a total size of ¥1,178 million whose maturity had been extended decreased, resulting in a decline in the total fund size from the end of the previous consolidated fiscal year.」
The report describes the establishment of a new ¥1,001 million fund, completion of the liquidation of a ¥500 million fund, and the decrease in a ¥1,178 million fund whose maturity had been extended. The establishment of the new fund itself was also confirmed in the previous quarter. - FY2022-Q1AdvancedAnnual report
「During the cumulative period of the first quarter of the current consolidated fiscal year, the liquidation procedures for 1 fund undergoing liquidation, with a total fund size of ¥500 million, were completed, while 1 new fund with a total fund size of ¥1,001 million was established. As a result, the total fund size increased from the end of the previous consolidated fiscal year.」
Liquidation of a ¥500 million fund was completed, while a new fund with a total size of ¥1,001 million was established. - FY2021RaisedAnnual report
「In its financial investment business, the Company will complete the monetization of existing assets other than strategic investments and rotate its assets. At the same time, it will form 3 funds based on a new investment policy.」
Under the new medium-term management plan, the Company plans to complete the monetization of existing assets and form 3 funds based on its new policy. - FY2021-Q3RestatedAnnual report
「Hokkaido Regional Small and Medium-Sized Enterprise Globalization Support Investment Limited Partnership April 2020 ¥151 million A fund supporting overseas expansion and business development targeting inbound demand for companies located or operating in Hokkaido」
The establishment of the ¥151 million fund supporting overseas expansion and inbound-related initiatives by companies in Hokkaido was reconfirmed. While 1 new fund was established, 1 fund moved into the liquidation period after maturity, and management of 1 fund changed to another company. - FY2021-Q2RestatedAnnual report
「During the cumulative period of the second quarter of the current consolidated fiscal year, 1 new fund was established, while 1 fund reached maturity and entered the liquidation period, resulting in a decrease in assets under management from the end of the previous consolidated fiscal year.」
The establishment of the ¥151 million Hokkaido Regional Small and Medium-Sized Enterprise Globalization Support Investment Limited Partnership and the move of 1 fund into the liquidation period after maturity were confirmed. There was no material additional change from the progress described in the previous quarterly report. - FY2021-Q1AdvancedAnnual report
「Hokkaido Regional Small and Medium-Sized Enterprise Globalization Support Investment Limited Partnership April 2020 ¥151 million A fund supporting overseas expansion and business development targeting inbound demand for companies located or operating in Hokkaido」
A ¥151 million fund was established to support overseas expansion and inbound-related initiatives by companies in Hokkaido. During the quarter, 1 fund was established, while 1 fund moved into liquidation after maturity. - FY2020-Q3RestatedAnnual report
「During the cumulative period of the third quarter of the current consolidated fiscal year, there were no changes resulting from the establishment or liquidation of funds, and assets under management decreased from the end of the previous consolidated fiscal year due to foreign exchange movements.」
During the quarter, there were again no changes resulting from the establishment or liquidation of new funds, and no new progress was described regarding the rebuilding of the earnings base through new fund formation. - FY2020-Q2RestatedAnnual report
「During the cumulative period of the second quarter of the current consolidated fiscal year, there were no changes resulting from the establishment or liquidation of funds, and assets under management decreased from the end of the previous consolidated fiscal year due to foreign exchange movements.」
During the quarter, there were again no new fund establishments or liquidations, and no new progress was described regarding the rebuilding of the earnings base through fund formation. - FY2020-Q1RestatedAnnual report
「During the cumulative period of the first quarter of the current consolidated fiscal year, there were no changes resulting from the establishment or liquidation of funds, and assets under management decreased from the end of the previous consolidated fiscal year due to foreign exchange movements.」
During the quarter, there were no changes resulting from the establishment or liquidation of new funds, and no new progress was described regarding the rebuilding of the earnings base through new fund formation. - FY2019AdvancedAnnual report
「During the current consolidated fiscal year, the Succession No. 1 Investment Limited Partnership, which invests in business-succession buyouts of domestic small and medium-sized companies, received additional investments from regional financial institutions and other investors, increasing the total fund size by ¥2 billion.」
Additional investments in Succession No. 1 increased the total fund size by ¥2 billion, bringing total assets under management to ¥3 billion. - FY2019-Q3AdvancedAnnual report
「During the cumulative period of the third quarter of the current consolidated fiscal year, the Succession No. 1 Investment Limited Partnership, which invests in business-succession buyouts of domestic small and medium-sized companies, received additional investments from regional financial institutions and other investors, increasing assets under management by ¥2 billion.」
Succession No. 1 received additional investments from regional financial institutions and other investors in June and October 2018, increasing assets under management by ¥2 billion. - FY2019-Q2AdvancedAnnual report
「During the cumulative period of the second quarter of the current consolidated fiscal year, the Succession No. 1 Investment Limited Partnership, which conducts business-succession buyouts of domestic small and medium-sized companies, received an additional investment from regional financial institutions, increasing assets under management by ¥600 million. In addition, between the end of the second quarter and the submission of this quarterly report, it received a further ¥1,400 million investment. As a result, the fund's total assets under management were ¥3,000 million as of 31 October 2018.」
In addition to the ¥600 million additional investment in Succession No. 1 from regional financial institutions, the fund received a further ¥1,400 million by the submission date, bringing total assets under management to ¥3,000 million as of 31 October 2018. - FY2019-Q1AdvancedAnnual report
「During the cumulative period of the first quarter of the current consolidated fiscal year, the Company obtained an additional investment from regional financial institutions in the Succession No. 1 Investment Limited Partnership, which conducts business-succession buyouts of domestic companies, increasing assets under management by ¥600 million.」
In addition to launching new funds, the Company obtained an additional ¥600 million investment from regional financial institutions for the existing Succession No. 1 fund, increasing assets under management. - FY2018SoftenedAnnual report
「However, the Company has been unable to establish a large-scale fund to date because it has not been able to articulate a clear investment strategy.」
While the ¥1 billion Succession No. 1 fund was established, the Company explicitly stated that it had not achieved its previous objective of establishing a large-scale fund. - FY2018-Q3RestatedAnnual report
「In June 2017, the Company established the Succession No. 1 Investment Limited Partnership, which conducts business-succession buyouts of domestic companies, with Aozora Bank,Ltd. for ¥1 billion.」
The plan to establish a ¥1 billion business-succession buyout fund for domestic companies with Aozora Bank,Ltd. continued to be described in the quarterly report. - FY2018-Q2RestatedAnnual report
「In June 2017, the Company established the Succession No. 1 Investment Limited Partnership, which conducts business-succession buyouts of domestic companies, with Aozora Bank,Ltd. for ¥1 billion.」
The establishment of the ¥1 billion business-succession buyout fund with Aozora Bank,Ltd., as described in the previous quarter, was reconfirmed. - FY2018-Q1AdvancedAnnual report
「During the cumulative period of the first quarter of the current consolidated fiscal year, the Company established the Succession No. 1 Investment Limited Partnership, which conducts business-succession buyouts of domestic companies, with Aozora Bank,Ltd. for ¥1 billion.」
The Company established a new fund targeting business-succession buyouts in Japan with Aozora Bank,Ltd. for ¥1 billion. - FY2017AdvancedAnnual report
「As assets under management and management and administration fees and other related fees from existing funds have been trending downward, the Company is focusing on launching new funds. During the current consolidated fiscal year, it established a ¥500 million fund for business revitalization investments in Japan, with a major financial institution as an investor. Going forward, it is negotiating with major financial institutions to establish funds investing in domestic small and medium-sized companies facing business succession issues and funds investing in domestic venture companies, respectively.」
The ¥500 million fund for business revitalization investments in Japan was established, and negotiations with major financial institutions for funds targeting business succession and venture companies also advanced. - FY2017-Q3AdvancedAnnual report
「For the fund targeting domestic companies, the Company is negotiating with a major domestic financial institution as a prospective investor. With its capital and business alliance partner, the First Eastern Group, the Company continues to negotiate the joint establishment of a fund in Wuhan, China, and a fund investing in domestic companies related to inbound and outbound tourism, respectively.」
For the domestic fund, the prospective investor was specifically identified as a major domestic financial institution, and negotiations had advanced. The fund targeting Wuhan and other areas remained under negotiation for joint establishment, and no new fund had been established during the cumulative period of the current quarter. - FY2017-Q2SoftenedAnnual report
「For the fund targeting domestic companies, the Company was unable to obtain investment from the prospective investors initially envisaged, and will therefore plan a new fund while seeking other prospective investors. With its capital and business alliance partner, the First Eastern Group, the Company continues to negotiate the joint establishment of a fund in Wuhan, China, and a fund investing in domestic companies related to inbound and outbound tourism, respectively.」
The Company was unable to obtain funding from the prospective investors initially envisaged for the domestic fund, and has shifted to identifying other prospective investors and developing a new plan. Negotiations for the Wuhan and other funds remain ongoing. - FY2017-Q1First statedAnnual report
「As assets under management and management fees from existing funds have been trending downward, the Company is focusing on launching new funds. It is currently advancing plans for a fund investing in domestic companies, a fund in Wuhan, China, to be established jointly with its capital and business alliance partner, the First Eastern Group, and a fund investing in domestic companies related to inbound and outbound tourism, respectively.」
To address the decline in existing funds, the Company is planning multiple funds targeting domestic companies, Wuhan in China, and companies related to inbound and outbound tourism.