Shizuoka Capital

What Shizuoka Capital does

Shizuoka Capital Co., Ltd. (静岡キャピタル株式会社) is the dedicated investment arm of Shizuoka Financial Group, established in August 1984 to support SME public-offering activities. Since 2025, the firm has been led by President and Representative Director Shigeno Keisuke (茂野惠介), who succeeded Hisano Takuji in June 2025. The company operates from Shizuoka City, Japan, with a 22-person team structured into VC, PE/succession investment, and SME business-revitalization divisions, and it provides direct investment, hands-on management support, business succession solutions, and M&A advisory to portfolio companies.

The firm manages three fund families across the venture capital, business succession/PE, and SME support segments. Its flagship VC vehicle, the Shizuoka Vision Co-Creation No. 1 Fund (20億円, established February 2026), targets unlisted companies pursuing IPO in Shizuoka, Aichi, Kanagawa, Tokyo, and Osaka across all stages and sectors. The Fuji-Alps Alliance PE Fund (30億円, September 2025) addresses business succession, subsidiary spin-outs, and business restructuring with regional bank LPs (Shizuoka Bank, Yamanashi Chuo Bank, Hachijuni Bank). The Shizuoka SME Support No. 6 Fund (50億円) supports regional revitalization in partnership with the Organization for Small & Medium Enterprises and Regional Innovation Japan and Shizuoka Prefecture institutions. Across its operating history, the firm has supported 69 IPOs and maintains an active portfolio spanning IT services, life sciences, space technology, mobility, fintech, manufacturing DX, and consumer services.

The revenue model is built on standard fund management economics: ongoing management fees on committed or invested capital (typically 1-2% annually), carried interest on successful exits (~20% above hurdle rate), and management consulting/advisory fees for portfolio companies. Deal flow is sourced primarily through the Shizuoka Financial Group regional bank network and through strategic partnerships including the Central STARTUP RUNWAY ecosystem initiative (where Shizuoka Capital serves as representative managing partner since October 2024) and the Kawasaki-NEDO Innovation Center (K-NIC) for deep-tech origination. Distribution is direct, enterprise field-sales-style, with no public revenue disclosure.

Name

Shizuoka Capital

Legal name

Shizuoka Capital Co., Ltd.

Website

https://scc.shizuoka-fg.co.jp/

Company type

Private

Founded year

1943

Operating status

Operating

Headcount range

11–50 employees

Short description

Shizuoka Capital is the dedicated investment arm of Shizuoka Financial Group, operating venture capital, private equity, and SME support funds that provide equity financing, hands-on management support, and business succession solutions to Japanese startups and SMEs.

Ownership category

akta.pro rank

Headquarters

HQ city

Shimizu

HQ country

Japan

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Revenue model

1. Fund Management Fees: Ongoing management fees charged on VC and PE funds under management, typically calculated as a percentage of committed capital or invested amount
2. Investment Returns / Carried Interest: Profits from successful exits of portfolio companies through IPO or M&A transactions generate carried interest income for fund managers
3. Business Consulting and Advisory: Comprehensive consulting services for business succession, turnaround, and operational support for portfolio companies

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Shizuoka Capital is an investment-specialized company that operates venture capital, private equity, and SME support funds. It provides equity financing, hands-on management support, and business succession solutions to unlisted companies, particularly those headquartered in Shizuoka, Aichi, Kanagawa, Tokyo, and Osaka prefectures. The firm is the dedicated investment arm of Shizuoka Financial Group and manages flagship funds across all growth stages from seed to later stage.

Product overview

Shizuoka Capital is an investment specialized company that operates multiple fund management products across three core areas: Venture Capital (VC) funds supporting unlisted companies pursuing IPO, Private Equity (PE) funds for business succession and restructuring, and Small and Medium Enterprise Support funds for regional business revitalization. The company manages flagship VC funds including the Shizuoka Vision Co-Creation No. 1 Fund (20 billion yen), PE funds such as the Fuji-Alps Alliance Fund (3 billion yen), and SME support funds including the Shizuoka SME Support No. 6 Fund (5 billion yen). The firm provides comprehensive investment and hands-on support services to portfolio companies across all growth stages from seed to later stage.

Differentiator

Problem solved

Functional benefit

Products and services

• Shizuoka Vision Co-Creation No. 1 Fund (しずおかビジョン共創1号ファンド) Venture capital fund providing equity financing and hands-on support to unlisted companies pursuing IPO, with focus on companies headquartered in Shizuoka, Aichi, Kanagawa, Tokyo, and Osaka.
• Fuji-Alps Alliance Investment Limited Partnership (富士山・アルプス アライアンス投資事業有限責任組合) Private equity fund supporting companies needing business succession, subsidiary spin-offs, and business restructuring to ensure business continuity.
• Shizuoka SME Support No. 6 Fund (静岡中小企業支援6号ファンド) Fund providing investment, financing, and management support to SMEs headquartered in Shizuoka Prefecture for business revitalization and regional economic activation.
• Shizuoka Capital 9th Investment Fund (静岡キャピタル第9号ファンド)

Quantifiable outcome

• 69 IPOs supported since company establishment
• +2 more outcomes

Named customers5 records

Segments3 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Two partnerships are on record, tiered core and minor.

• Central STARTUP RUNWAYcoreStrategic or Co-development Partner · 1 October 2024Shizuoka Capital serves as a representative managing partner for this central Japan startup ecosystem initiative aimed at creating unicorn companies from the Chubu region.
• Kawasaki-NEDO Innovation Center (K-NIC)minorStrategic or Co-development PartnerPartner company in the K-NIC startup support hub, operated jointly by NEDO, Kawasaki City, and Kawasaki Industrial Promotion Foundation, to support deep tech and university-originated startups.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• JAFCO Group: Japan's largest and most established venture capital firm, listed on TSE. Directly comparable as a generalist VC/PE manager with multi-stage, multi-sector investments, though operating at significantly larger scale and broader national/international footprint.
• SMBC Venture Capital: Venture capital subsidiary of Sumitomo Mitsui Banking Corporation, one of Japan's mega-banks. Highly comparable as a bank-affiliated VC investing across stages and sectors, though with materially larger AUM and broader geographic coverage.
• Mizuho Capital: Venture capital arm of Mizuho Financial Group. Closely comparable as a mega-bank-affiliated VC fund manager serving Japanese startups with multi-stage investment strategies, though with substantially larger scale and international reach.
• MUFG Capital: Venture capital subsidiary of Mitsubishi UFJ Financial Group. Directly comparable business model (bank-affiliated VC) and investment focus on Japanese startups, though operating with significantly greater AUM and broader scope.
• Daiwa Corporate Investment: Securities-firm-affiliated VC under Daiwa Securities Group. Already an LP in Shizuoka Capital's Vision Co-Creation Fund, demonstrating overlapping investor base; comparable as a Japanese institutional VC/PE investor across stages.
• Nissay Capital: Venture capital subsidiary of Nippon Life Insurance, Japan's largest life insurer. Comparable as a Japanese institutional VC manager supporting startups across sectors and stages, though with insurance-affiliated (rather than bank-affiliated) parentage.
• SBI Investment: Venture capital arm of SBI Holdings. Comparable as one of Japan's largest VC platforms investing across stages and sectors, though with more aggressive fintech and cross-border orientation.

Direct peers

• Global Brain: Independent Japanese VC firm operating multiple funds with comparable scale and stage diversification. Similar focus on supporting Japanese startups from seed through growth, though with stronger technology-sector concentration.
• Hiroshima Capital: Regional bank-affiliated VC/PE firm headquartered in Hiroshima, serving the Chugoku region. Most directly comparable peer given the parallel structure (subsidiary of regional financial group, focus on regional business succession and startup support).
• Fukuoka Capital Partners (FCP): Regional bank-affiliated VC/PE firm serving the Kyushu region. Closely comparable as a Japanese regional VC/PE platform supporting local startups, business succession, and SME revitalization with similar fund structure.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles17 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments73 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Shizuoka Capital