Oita Venture Capital

What Oita Venture Capital does

Oita Venture Capital Co., Ltd. (大分ベンチャーキャピタル株式会社) is a regional venture capital and private equity firm founded in October 1997 as a consolidated subsidiary of Oita Bank, Ltd. Headquartered on the 4th floor of Oita Bank Sourin-kan in Oita City, it operates as the only dedicated venture capital company in Oita Prefecture and the dedicated investment arm of the Oita Bank Group. The firm is led by Representative Director 吉野 達雄 (Yoshino Tatsuo).

The firm operates four core business lines: Venture Fund (ベンチャーファンド) for growth-stage equity investment in companies with innovative technologies targeting domestic IPO, Agriculture Fund (農業法人育成ファンド) for agricultural corporations, Turn Around Fund (事業再生ファンド) for distressed SMEs with viable operations but excessive debt, and Consulting (コンサルティング) for management advisory, M&A intermediation, and corporate restructuring support. Across nearly three decades it has managed a sequenced series of fund vehicles, including the Oita VC Success Fund series (Funds 1 through 7), Plum Funds, Oita Enterprise Support Fund, Kyushu SME Support Fund, Oita PORTA Fund, and Oita Scrum Fund, with combined fund sizes exceeding ¥15 billion. Capital sources include the firm itself, Oita Bank, Oita Prefecture government, Oita Prefecture Credit Guarantee Association, multiple regional shinkin banks, the Organization for Small & Medium Enterprise Renewal (SMRJ), and Japan Finance Corporation.

Revenue is generated through fund management fees, returns on equity and debt investments, and consulting/M&A advisory fees. Distribution is entirely direct and relationship-driven, with deal flow sourced through the Oita Bank Group branch network and referrals from regional partner institutions and support organizations such as the Oita Industry Creation Organization, Oita University Regional Collaborative Research Center, and the Oita Prefectural Industrial Science and Technology Center. The firm's cumulative track record includes more than 20 portfolio company IPOs and M&A exits, with named public outcomes including QD Laser, TMS-Japan, IQPS, Ame-Kaze-Taiyo (雨風太陽), thinca, JSH-Japan, TMH, Flierinc, Leaflass (IPO October 2025), and M&A transactions with Toyota Tsusho, Trit, Koga Seiyaku, and WHI Holdings.

Name

Oita Venture Capital

Legal name

大分ベンチャーキャピタル株式会社

Website

https://oita-vc.co.jp

Company type

Private

Founded year

1997

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Oita Venture Capital (大分ベンチャーキャピタル株式会社) is the only venture capital firm in Oita Prefecture, Japan, operating as the investment arm of Oita Bank. It manages growth, agricultural, turnaround, and consulting fund vehicles serving regional SMEs and entrepreneurs primarily in Oita and the Kyushu region.

Ownership category

akta.pro rank

Product category

Venture Capital and Private Equity

NAICS

Portfolio Management and Investment Advice (52394), Portfolio Management and Investment Advice (523940), All Other Financial Investment Activities (52399)

SIC

Investment Advice (6282), Services-Management Consulting Services (8742)

akta.pro primary industry

Corporate Strategic Real Assets & Infrastructure Venture Investing (FSANAHAN)

akta.pro secondary industry

Corporate Finance & Capital Advisory (BPAHADAB)

Keywords

• Venture capital investment
• Private equity services
• Growth capital funding
• SME turnaround funding
• Agricultural investment funds

Headquarters

HQ city

Oita

HQ country

Japan

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Fund Management Fees: Revenue generated through management fees from operating multiple venture capital and investment funds, including the Oita VC Success Fund series (Funds 1-7), agricultural funds, and business turnaround funds.
2. Investment Returns: Returns on equity investments, debt investments (corporate bonds, loans), and equity participation in portfolio companies through fund vehicles.
3. Consulting Services: Business diagnosis and management consulting services including M&A advisory, corporate restructuring support, and coordination services for businesses.
4. M&A Intermediation and Advisory: Fees from M&A brokerage, company acquisitions, mergers, business divestitures, capital participation, and related consulting services.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Oita Venture Capital provides venture capital and private equity investment through multiple specialized fund vehicles (Venture Fund, Agriculture Fund, Turn Around Fund) targeting unlisted growth companies, agricultural corporations, and SMEs requiring business regeneration in Oita Prefecture and the Kyushu region. The firm also offers management consulting services covering corporate diagnosis, management planning, financing support, IT introduction advisory, and M&A intermediation. All investment and advisory services are delivered through direct engagement, leveraging the Oita Bank Group's branch network and partner financial institutions for deal sourcing.

Product overview

Oita Venture Capital operates as a venture capital firm offering a portfolio of investment funds and consulting services. The core offerings include four main business segments: Venture Fund (ベンチャーファンド) providing growth capital to promising companies, Agriculture Fund (農業法人育成ファンド) supporting agricultural corporations, Turn Around Fund (事業再生ファンド) for business regeneration of SMEs, and Consulting (コンサルティング) services for management advisory. The company manages multiple venture capital fund series (Success Fund 1st through 7th, Plum Fund) and specialized regeneration funds (Oita Scrum Fund, Oita PORTA Fund, Kyushu SME Support Fund, Oita Business Support Fund), all targeting different investment strategies from startup growth to business turnaround. The firm operates as part of the Oita Bank Group and primarily serves companies in Oita Prefecture and the Kyushu region.

Differentiator

Problem solved

Functional benefit

Products and services

• Venture Fund (ベンチャーファンド) Investment fund providing growth capital to promising unlisted companies with excellent technology, products, or services and growth potential, aimed at revitalizing the regional economy and supporting companies targeting IPO or M&A exits. Multiple fund series operate under this offering (Oita VC Success Funds 1–7, Plum Fund, Plum Fund No. 2) targeting unlisted companies in Oita Prefecture and across Japan.
• Agriculture Fund (農業法人育成ファンド) Fund supporting the growth of agricultural corporations that will become pillars of regional agriculture, targeting agricultural development, employment promotion, and regional economic development in the Oita Bank service area. Investments made through stocks, non-voting stocks, and warrant bonds to support management scale expansion, financial strengthening, and regional product branding.
• Turn Around Fund (事業再生ファンド) Fund supporting SMEs headquartered in Oita Prefecture and the Kyushu region that retain useful management resources but carry excessive debt, aiming for fundamental business regeneration through restructuring, financial reorganization, and governance strengthening. Multiple fund vehicles operate under this offering (Oita Scrum Fund, Oita PORTA Fund, Kyushu SME Support Fund, Oita Business Support Fund).
• Consulting Services (コンサルティング) Business consulting services providing advice on management issues including corporate diagnosis, management planning, financing support, IT introduction, and M&A coordination. Oita VC is a registered M&A support institution under the national M&A support institution registration system and declares compliance with the Small and Medium Enterprise M&A Guidelines (3rd edition, August 2024). Services are targeted at local SMEs in Oita Prefecture seeking growth, transition, and partnership development support.

Quantifiable outcome

• 20+ portfolio companies have achieved IPO or M&A exits
• +7 more outcomes

Named customers14 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Nine partnerships are on record, tiered core and minor.

• 公益財団法人大分県産業創造機構 (Oita Industry Creation Organization)coreStrategic or Co-development PartnerPublic support organization providing comprehensive services including funding coordination, human resource development, IT support, market expansion, R&D support, and business consulting to SMEs in Oita Prefecture. Key coordination partner for Oita VC's business support and referral network.
• 大分大学地域共同研究センター (Oita University Regional Collaborative Research Center)minorStrategic or Co-development PartnerPublic research institution affiliated with Oita University. Part of Oita VC's network for technology consulting and partnership development support.
• 大分県産業科学技術センター (Oita Prefectural Industrial Science and Technology Center)minorStrategic or Co-development PartnerPublic research and technology center in Oita Prefecture. Partner for technology consulting services and innovation support.
• 株式会社大銀経済経営研究所 (Daigin Economic Management Research Institute)minorStrategic or Co-development PartnerSubsidiary of Oita Bank providing economic and management research services. Part of the Oita Bank Group's professional services ecosystem.
• おおいたプラット株式会社 (Oita Platform)minorStrategic or Co-development PartnerOita Bank Group company. Part of the local business support ecosystem.
• 豊田通商株式会社 (Toyota Tsusho)minorStrategic or Co-development PartnerCapital alliance partner. Toyota Tsusho formed a capital partnership with an Oita VC portfolio company in February 2019, demonstrating Oita VC's ability to connect portfolio companies with major trading companies for strategic partnerships.
• 株式会社トライト (Trit)minorStrategic or Co-development PartnerM&A acquirer of Oita VC portfolio company. Acquired portfolio company through M&A transaction in August 2021, demonstrating Oita VC's role in facilitating exits through strategic M&A.
• 科研製薬株式会社 (Koga Seiyaku)minorStrategic or Co-development PartnerM&A acquirer of Oita VC portfolio company in pharmaceutical/healthcare sector. Acquired portfolio company through M&A in December 2021.
• 株式会社WHI HoldingsminorStrategic or Co-development PartnerM&A acquirer of Oita VC portfolio company. Acquired portfolio company through M&A in June 2024.

Scale indicators11 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• Daiwa Corporate Investment: Venture capital arm of Daiwa Securities Group, providing growth capital and consulting to Japanese SMEs and startups. Directly comparable to Oita VC as a securities/banking-affiliated VC firm with a similar SME growth and turnaround focus.
• SMBC Venture Capital: Corporate venture capital arm of Sumitomo Mitsui Banking Corporation. Comparable as a major Japanese bank-affiliated CVC investing across venture and growth stages with strong distribution through the SMBC branch network.
• Mizuho Capital: CVC arm of Mizuho Financial Group, investing in Japanese startups and growth companies. Directly comparable as a megabank-affiliated VC with nationwide distribution and similar fund-management model.
• Mitsubishi UFJ Capital: Venture capital arm of Mitsubishi UFJ Financial Group. Comparable as a large Japanese bank-affiliated VC providing growth capital to unlisted companies and supporting IPOs.
• DBJ Capital: Venture capital arm of the Development Bank of Japan. Comparable in leveraging government-linked capital to support Japanese startups and growth-stage companies, with similar co-investment orientation as Oita VC's public-LP model.
• Hiroshima Venture Capital: Regional venture capital firm in Hiroshima Prefecture affiliated with local banks. Closely comparable as a prefecture-based VC firm with a bank-parent model and similar fund-franchise structure for SMEs and growth companies.
• Fukuoka Capital Partners: Regional VC firm based in Fukuoka serving Kyushu-region startups and growth companies. Comparable as a Kyushu-based regional VC operating in the same geographic corridor as Oita VC.

Broad incumbents

• JAFCO Group: Largest independent venture capital firm in Japan with broad venture and buyout funds. Comparable in serving Japanese growth companies through IPO, but operates at substantially larger fund sizes and a broader national footprint.

Others

• Nihon M&A Center: Japan's leading SME M&A intermediary. Adjacent to Oita VC's business regeneration and M&A advisory services, addressing the same SME succession and turnaround demand with a national platform.
• Japan Post Investment Corporation: Investment arm of Japan Post Group, including co-investment in regional VC funds. Comparable as an institutional LP in Oita VC's Success Fund 6 and as a co-investor in Japanese regional venture activity.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

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

M&A

Investments35 records

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

Frequently asked questions about Oita Venture Capital