Integral

Basic Information

Stock Code
5842
Industry
Securities, commodity futures trading
Category Detail
Investment
Prefecture
Tokyo
Establishment Year
January 2006
Listing Year
September 2023
Official Website
https://www.integralkk.com/
TSE Information
TSE Information
Yahoo! Finance
Yahoo! Finance
Other Companies
AI Fusion Capital Group, R Plan, UNIVA Oak Holdings, Merchant Bankers, Dream Incubator, SBI Leasing Service, Seren HD, Mercuria Holdings, J Warrant, Japan Asia Investment, JAFCO Group

Overview

Integral is an independent private equity fund founded in 2007, a Tokyo-based investment firm with strengths in business revitalization and investment in mid-sized and small enterprises.

Current Situation

Integral recorded sales of approximately ¥2.8 billion, operating income of approximately ¥1.2 billion, and net income of approximately ¥800 million in 2022, maintaining financial soundness. It primarily focuses on equity investments in mid-sized and small enterprises to provide business revitalization support, sustaining high profit margins. It actively engages in multiple corporate acquisitions and investments, handling the management reconstruction of prominent companies such as Qube Net and Itokin. Listing on the stock exchange has strengthened its fundraising capabilities, and further growth opportunities are expected going forward. Recognizing the importance of sustainability, it promotes strategies that balance social value creation with corporate value enhancement. While responding to market fluctuations and competitive environments, it aims to strengthen investment scale and revenue base toward 2030. Leveraging the extensive experience and expertise of its management team, it focuses on creating high-profitability investment opportunities. It pursues medium- to long-term value creation through flexible management strategies that incorporate the latest technologies and industry trends.

Trivia

Interesting Facts

  • Founder is former representative of Unison Capital and GCA founder
  • Involved in Skymark's civil rehabilitation and supported successful reconstruction
  • Acquired Qube Net and expanded the ¥1,000 barber business
  • Achieved ¥2.8 billion in disposal gains from unlisted stock investments
  • Implemented massive ¥15 billion investment in Toyo Engineering
  • Listed on Tokyo Stock Exchange Growth Market in 2023
  • Provides comprehensive support to diverse mid-sized and small enterprises
  • Flexible investment decisions possible as an independent fund
  • Management team's network is extremely strong within the industry
  • Proven track record in business regeneration for portfolio companies
  • Has implemented MBOs and capital policy support across multiple industries
  • Representative Director is Reijiro Yamamoto with extensive industry experience
  • Has subsidiary Integral Partners
  • Focuses on growth support for SMEs
  • Provides management support to portfolio companies nationwide

Hidden Connections

  • Former Unison Capital executive founded the firm, building strong industry connections
  • Realized gains of several hundred million yen from selling Apaman Shop shares
  • Deep ties to aviation industry through Skymark reconstruction project
  • Expanded influence in beauty industry via Qube Net acquisition
  • Capital participation in manufacturing sector through Toyo Engineering investment
  • Involved in various companies through management buyout support
  • Provides comprehensive capital policy services through collaboration with related companies
  • Implements long-term management support for portfolio companies via subsidiaries

Future Outlook

Growth Drivers

  • Increasing demand for mid-sized and SME regeneration
  • Growth and expansion of unlisted stock markets
  • Asset diversification in real estate investment
  • Responding to rising ESG investment demand
  • Sophistication of investment methods through digitalization
  • Increased fundraising from expanding capital market liquidity
  • Flexible investment strategies resilient to market fluctuations
  • Competitive edge secured by management experience
  • Promoting utilization of global investment networks
  • Focus on medium- to long-term corporate value enhancement
  • Active entry into emerging growth sectors
  • Investment decisions with high social responsibility awareness

Strategic Goals

  • Triple current investment scale
  • Improve ratio of high-ESG portfolio companies to 70%
  • Achieve over 90% success rate in business regeneration support
  • Strengthen real estate and emerging market investment portfolios
  • Nationwide rollout of executive development programs
  • Grow annual net profit to over ¥5 billion
  • Maintain listing and continuously improve market valuation
  • Establish diverse fundraising methods
  • Systematize medium- to long-term social contribution activities
  • Complete digital transformation of investment processes

Business Segments

Business Investment and Regeneration Support

Overview
Provides equity investments and management reconstruction support to mid-sized and small enterprises to enhance value.
Competitiveness
High-precision support by a team of management and financial experts
Customers
  • Mid-sized and small enterprise owners
  • Venture capital firms
  • Fund managers
  • Financial institutions
  • Investors
Products
  • Equity Investment
  • Management Improvement Support
  • Financial Consulting
  • M&A Advisory

Fund Management

Overview
Provides comprehensive services from investment fund operations to asset management and risk control.
Competitiveness
Flexible investment strategies and swift decision-making as an independent firm
Customers
  • Institutional investors
  • High-net-worth investors
  • Asset management companies
  • Financial institutions
Products
  • Private Equity Funds
  • Asset Management Plans
  • Risk Management Services

M&A Advisory

Overview
Handles a wide range from M&A strategy formulation to execution support.
Competitiveness
Practical support based on extensive investment experience and industry knowledge
Customers
  • Selling companies
  • Buying companies
  • Investment funds
  • Legal advisors
Products
  • M&A Strategy Consulting
  • Due Diligence Support
  • Negotiation Support

Real Estate Asset Management

Overview
Deploys stable income-generating asset management services centered on real estate.
Competitiveness
Effective management strategies based on market environment analysis
Customers
  • Corporate investors
  • Individual investors
  • Asset management companies
Products
  • Real Estate Fund Management
  • Asset Acquisition and Management
  • Risk Assessment

Corporate Valuation

Overview
Supports investment decision-making through appropriate corporate valuation.
Competitiveness
Precise analysis by a team of analysts with extensive practical experience
Customers
  • Investors
  • Management teams
  • Boards of directors
Products
  • Valuation Reports
  • Financial Analysis
  • Strategic Recommendations

Capital Policy Support

Overview
Provides total support for capital policy formulation tailored to the company's growth stage.
Competitiveness
Optimal proposals integrating market trends and corporate needs
Customers
  • Emerging companies
  • IPO-preparing companies
  • Existing shareholders
Products
  • Fundraising Planning
  • Stock Listing Support
  • Stock Option Design

Business Diversification Support

Overview
Strategically supports corporate business diversification to promote risk dispersion.
Competitiveness
Extensive industry networks and analytical methods
Customers
  • Companies considering diversification strategies
  • Investors
  • Management consultants
Products
  • Business Portfolio Analysis
  • New Business Investment Planning
  • Synergy Evaluation

Risk Management

Overview
Provides comprehensive support for building investment and management risk management systems.
Competitiveness
Advanced analytical capabilities and regulatory compliance expertise
Customers
  • Fund managers
  • Corporate risk departments
  • Investors
Products
  • Risk Assessment Model Development
  • Compliance Support
  • Risk Monitoring System Implementation

Financial Solutions

Overview
Technically supports corporate financial health and funding efficiency.
Competitiveness
Practical and rapid improvement proposals
Customers
  • Mid-sized companies
  • Finance staff
  • CFOs
Products
  • Cash Flow Improvement
  • Asset-Liability Management
  • Fundraising Optimization

Executive Education Support

Overview
Implements educational support to enhance executives' capabilities and understanding of capital strategies.
Competitiveness
Practical curriculum delivered by experienced instructors
Customers
  • Corporate executives
  • Executive candidates
  • Portfolio company management
Products
  • Management Seminars
  • Leadership Development
  • Capital Strategy Training

Digital Investment Analysis

Overview
Provides high-precision investment analysis services utilizing digital technologies.
Competitiveness
Advanced analytical platforms and data utilization capabilities
Customers
  • Investment analysis teams
  • IT departments
  • Strategic planning departments
Products
  • Analysis Tool Provision
  • Data-Driven Investment Strategies
  • BI Report Creation

Overseas Investment Support

Overview
Evaluates risks and opportunities in overseas investments to support smooth expansion.
Competitiveness
Extensive overseas networks and practical experience
Customers
  • Domestic investors
  • Corporate groups
  • Asset management companies
Products
  • Overseas Deal Research
  • Local Collaboration Support
  • FX Hedge Design

Competitive Advantage

Strengths

  • Specialized knowledge in mid-sized and small enterprises
  • Extensive track record and expertise in business regeneration
  • Advanced industry experience of representative management
  • Flexible decision-making structure as an independent fund
  • Diverse investment methods and capital management capabilities
  • Strong portfolio company network
  • High-margin business structure
  • Stable operating profit margins
  • Rapid investment opportunity evaluation
  • Precise corporate value enhancement support
  • Diversification of investment opportunities
  • Long-term perspective on asset building
  • Comprehensive executive support programs
  • Broad industry networks
  • High transparency in management information disclosure

Competitive Advantages

  • Differentiation from competitors by specializing in mid-sized and small enterprises
  • Integrated support in management and finance
  • Close partnerships with executives
  • Proprietary investment evaluation models and risk management capabilities
  • Swift and flexible decision-making to respond to market changes
  • Diverse industry portfolio adaptable to various sectors
  • Enhanced fair information disclosure and governance
  • Reputation for fund transparency and reliability
  • Strong team composition and expertise in business regeneration support
  • Independent operations without reliance on major financial institutions
  • Improved fundraising power through listing
  • Strategy emphasizing medium- to long-term investment value creation
  • Flexible management plans aligned with economic conditions
  • Strengthened collaboration with local partner companies
  • Enhanced brand recognition within the industry

Threats

  • Increased investment risks due to market environment fluctuations
  • Intensified competition for funding from rivals
  • Business impacts from regulatory strengthening or legal amendments
  • Investment recovery risks from deteriorating SME performance
  • Rising financial market volatility
  • Fundraising difficulties during economic downturns
  • Delays in responding to technological innovations
  • Impacts from global risks
  • Management opacity in portfolio companies
  • Intensified talent acquisition competition
  • Impacts from exchange rate fluctuations
  • Declining liquidity in capital markets

Innovations

2020: Management buyout support for Mamori Holdings

Overview
Led the management buyout toward delisting of Mamori HD.
Impact
Contributed to corporate value enhancement and management flexibility

2023: Listing on Tokyo Stock Exchange Growth Market

Overview
Achieved listing to strengthen fundraising and improve corporate transparency.
Impact
Diversified fundraising and expanded investor base

2021: Hundreds of billions invested in real estate investment fund

Overview
Proceeding with large-scale investments in commercial facilities and office buildings.
Impact
Successfully secured stable revenue sources and diversified assets

2023: Entry into emerging investments

Overview
Full-scale launch of unlisted stock investments targeting rapidly growing emerging markets.
Impact
Acquired growth opportunities in new markets

2022: ¥15 billion investment in Toyo Engineering

Overview
Implemented large-scale investment via preferred shares to support business expansion.
Impact
Long-term growth support and expanded investment returns

Sustainability

  • Promoting ESG evaluation enhancement for portfolio companies
  • Aiming to balance social value creation with financial value
  • Building investment portfolios mindful of environmental impact reduction
  • Practicing highly transparent investment processes
  • Actively pursuing economic contribution activities to local communities
  • Establishing sustainable management support systems
  • Strengthening disclosure of sustainability-related information
  • Ongoing commitment to CSR activities
  • Medium- to long-term investment risk management
  • Fostering corporate culture promoting women's empowerment and diversity
  • Prioritizing investments in environmentally considerate businesses
  • Improving reliability through strengthened corporate governance