Loadstar Capital
Loadstar Capital is a Tokyo-based, TSE Prime-listed real estate investment platform operating Corporate Funding (self-capital property investment), Asset Management (institutional mandates), and OwnersBook — Japan's first real estate crowdfunding platform — plus the new OwnersBook+ security token business for individual and institutional investors.
- Company typePublic
- Founded2012
- HeadquartersTokyo, Japan
- Headcount51–100
- GTM typeB2B and B2C
- OfferingServices
What Loadstar Capital does
Loadstar Capital K.K. is a Tokyo-based, Tokyo Stock Exchange Prime Market-listed (ticker 3482) real estate investment platform founded in 2012. It operates three integrated business lines: (1) Corporate Funding, in which the firm deploys its own capital to acquire, operate, and sell mid-scale Tokyo 23-ku offices, hotels, and logistics facilities (historically ~90% of revenue, generating rental income plus disposition gains); (2) Asset Management, a fee-based business providing acquisition, management, and disposition services to domestic and international institutional investors, with AUM of ¥120 billion as of Q1 FY2026; and (3) a fintech segment anchored by OwnersBook — Japan's first real estate-specialized crowdfunding service launched in 2014 — which offers lending-type and equity-type investments from ¥10,000 per unit, and the newer OwnersBook+ digital securities (security token) platform operated by subsidiary Loadstar Securities following the December 2025 acquisition of Hash DasH Holdings.
The underlying technology stack combines proprietary real estate underwriting methodology, blockchain-based digital securities infrastructure (Loadstar Securities for STO issuance; Loadstar Solutions for blockchain infrastructure), and cloud-based crowdfunding operations. Distribution is multi-channel: a direct self-serve digital funnel at ownersbook.jp, an institutional direct sales force for asset management mandates, and business-matching partnerships with Japanese banks and brokerages including MUFJ Trust Bank, Matsui Securities, Aeon Bank, Saison Fundex, and Shinchin Investment & Finance.
The company monetizes across three revenue streams — self-capital rental and disposition gains (one-time/transaction), recurring asset management fees on AUM, and origination/spread/management fees from crowdfunding and STO — and reports 13 consecutive periods of revenue and profit growth, FY2025 consolidated revenue of ¥44.6 billion (~$284M) with ¥7.98B net profit and 27.7% ROE, a record Q1 FY2026 quarter, ¥720B+ in cumulative OwnersBook transactions, zero principal loss for retail investors across 390+ deals, and an FY2027 medium-term revenue target of ¥60 billion.
Loadstar Capital firmographics
Firmographics- Name
- Loadstar Capital
- Legal name
- ロードスターキャピタル株式会社 (Loadstar Capital K.K.)
- Website
- https://loadstarcapital.com
- Company type
- Public
- Founded year
- 2012
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Loadstar Capital is a Tokyo-based, TSE Prime-listed real estate investment platform operating Corporate Funding (self-capital property investment), Asset Management (institutional mandates), and OwnersBook — Japan's first real estate crowdfunding platform — plus the new OwnersBook+ security token business for individual and institutional investors.
- Ownership category
- akta.pro rank
Loadstar Capital industry classification
Industry- Product category
- Real Estate Investment Management
- NAICS
- Portfolio Management and Investment Advice (52394), Other Financial Investment Activities (5239)
- SIC
- Real Estate Dealers (For Their Own Account) (6532), Investment Advice (6282)
- akta.pro primary industry
- Discretionary Portfolio Management (DPM) (FSAAABAC)
- akta.pro secondary industry
- SME Lending & Working Capital Platforms (FSAGAJAA)
Keywords
Where Loadstar Capital is headquartered
LocationHeadquarters
- HQ city
- Tokyo
- HQ country
- Japan
- HQ region
- Asia
Offices1 record
Markets served
Loadstar Capital business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Corporate Funding (Corporate Funding Business): Self-capital funded real estate investment: acquires and holds mid-scale Tokyo properties (offices, hotels, logistics), generating rental income during the holding period and capital gains upon sale. Core revenue driver; historically approximately 90% of total revenue.
- Asset Management (Asset Management Business): Manages real estate portfolios on behalf of domestic and international institutional investors. Earns acquisition fees, ongoing management fees, and disposition fees based on assets under management (AUM). AUM reached ¥120 billion as of Q1 2026.
- Crowdfunding (OwnersBook): Lending-type: earns origination fees and interest spreads from loans extended to real estate borrowers. Equity-type: earns asset management fees from SPCs. Platform charges borrowers/SPCs; individual investors pay only bank transfer fees.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | OwnersBook lending-type investments: minimum ¥10,000 per unit. Returns distributed as interest payments to investors; company earns spread and origination fees from borrowers. |
| Transaction based/ take rate | Pay-as-you-go | OwnersBook equity-type investments: minimum ¥10,000 per unit. Distributions from rental income and capital gains. |
| Subscription | Annual | Asset management institutional mandates: fees based on AUM and deal activity, not publicly disclosed. |
Go-to-market motion4 records
Distribution channels4 records
Marketing channels6 records
Loadstar Capital product offering
Product offeringCore offering
Loadstar Capital is a Tokyo-based real estate investment firm operating three integrated businesses: (1) Corporate Funding — acquires and operates mid-scale Tokyo offices, hotels, and logistics facilities using its own capital, generating rental income and capital gains; (2) Asset Management — provides discretionary real estate investment management services for domestic and international institutional investors; (3) Fintech/Crowdfunding — operates OwnersBook, Japan's first real estate-specific crowdfunding service enabling individual investors to participate from ¥10,000, and OwnersBook+, a blockchain-based security token offering (STO) platform.
Product overview
Loadstar Capital operates a platform-plus-multiple-services model across three business domains: (1) Corporate Funding — a core self-capitalized real estate investment business acquiring and managing office, hotel, and logistics assets in Tokyo; (2) Asset Management — fee-based real estate investment management services for institutional investors; and (3) Fintech — the OwnersBook crowdfunding platform (Japan's first real estate-specific crowdfunding service) and the OwnersBook+ digital securities platform enabling real estate-backed security token offerings (STO). These businesses leverage IT and blockchain technology, with a strategy to democratize access to pro-level real estate investment.
Differentiator
Problem solved
Functional benefit
Brands
- OwnersBook: Japan's first real estate-focused crowdfunding platform allowing individual investors to participate in professional real estate investments starting from 10,000 JPY. Operated by Loadstar Investments K.K.
- OwnersBook+
Products and services
- OwnersBook OwnersBook is Japan's first real estate-focused crowdfunding platform operated by Loadstar Investments K.K., connecting individual Japanese investors with professional real estate investment opportunities starting from ¥10,000 per unit. Offers both lending-type (lower risk, ~3-5% annualized IRR) and equity-type (higher risk/reward) investment structures backed by secured real estate assets. The platform has executed over 390 investment cases since 2014 with zero principal loss and paid out ¥3 billion+ in cumulative dividends to investors.
- OwnersBook+ (Real Estate Security Token Platform) OwnersBook+ is a blockchain-based digital securities platform operated by Loadstar Securities K.K., enabling security token offerings (STO) for real estate assets. The platform allows investors to participate in real estate-backed digital securities with fractional ownership, providing end-to-end issuance and distribution within the Loadstar Group from property origination through token issuance and investor distribution.
- Corporate Funding Business Corporate Funding is Loadstar Capital's core self-capitalized real estate investment business. The company acquires and operates mid-scale Tokyo office buildings, hotels, and logistics facilities using its own balance sheet capital, generating revenue from rental income during the holding period and capital gains upon disposition. Cumulative property acquisitions surpassed ¥200 billion by November 2025. Historically approximately 90% of total group revenue.
- Asset Management Business Asset Management provides full-service real estate investment management for domestic and international institutional investors including asset managers, family offices, REITs, pension funds, and insurance companies. Services span acquisition, ongoing management, and disposition of medium-to-large-scale office, hotel, retail, and logistics properties across major Japanese cities. AUM reached ¥120 billion as of Q1 2026, with a medium-term target of ¥3 trillion by FY2027. Fees include acquisition fees, ongoing management fees, and disposition fees.
Quantifiable outcome
- ¥720+ billion in cumulative crowdfunding investments with ¥3B+ in investor distributions since 2014
- +3 more outcomes
Companies that use Loadstar Capital
Customer profileNamed customers2 records
Segments3 records
Ideal customer profiles3 records
Loadstar Capital technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Loadstar Capital partnerships and signals
Strategic signalPartnerships
Eight partnerships are on record, tiered core and minor.
- Hash DasH Holdings Group (Acquired December 2025; renamed Loadstar Securities and Loadstar Solutions in March/April 2026)coreFirst M&A transaction for Loadstar Capital: acquired the Hash DasH Holdings group to establish in-house security token (ST) issuance and distribution capability. The group brought first-type and second-type financial instruments business registrations, blockchain infrastructure, and a customer base, enabling end-to-end digital securities operations within the group.
- afterFIT (Shirokuma Denryoku Corporation)coreStrategic partnership for renewable energy procurement. afterFIT supplies Loadstar Capital with CO2-free green electricity (RECS-certified non-fossil energy certificates) for all owned and newly acquired properties, as part of the company's ESG and decarbonization strategy.
- Fundrise Inc. (U.S.)minorInternational business partnership with U.S. real estate crowdfunding pioneer Fundrise, exploring knowledge sharing and potential business collaboration in the real estate crowdfunding space.
- Mitsubishi UFJ Trust and Banking CorporationcoreBusiness matching partnership for referring clients to the OwnersBook crowdfunding platform. MUFG Trust Bank facilitates client referrals to Loadstar Capital's real estate investment products.
- Shinchin Investment & Finance Co., Ltd.minorBusiness matching partnership for mutual referrals in the real estate investment and financing space.
- Saison Fundex CorporationcoreBusiness matching partnership facilitating referrals of real estate loan customers to OwnersBook crowdfunding platform.
- Matsui Securities Co., Ltd.coreBusiness matching partnership for referring securities customers to OwnersBook real estate crowdfunding offerings.
- Aeon Bank, Ltd.coreBusiness matching partnership for referring banking customers to OwnersBook real estate investment opportunities.
Scale indicators12 records
Recent moves8 records
Expansion highlights7 records
Loadstar Capital competitors and assessment
Company assessmentDirect peers
- Kenedix: Tokyo-based real estate investment and asset management firm operating corporate funding, asset management, and investment advisory businesses. Most directly comparable Japanese listed peer in business model mix (self-investment + third-party AM).
- SBI Holdings (SBI Crowdfunding / SBI Estate Finance): Operates one of Japan's largest crowdfunding platforms including real estate-focused products. Directly competes with OwnersBook in the retail real estate crowdfunding segment.
- Funds (Fundrise parent for US; Japan peer: Jointo): Japanese real estate crowdfunding platform (Jointo) comparable to OwnersBook. Loadstar also has a stated business partnership with Fundrise in the US (2019), validating the cross-market crowdfunding peer relationship.
Broad incumbents
- Nomura Real Estate Holdings: Large Japanese real estate conglomerate spanning development, investment, asset management, and brokerage. Overlaps with Loadstar in asset management and investment business but at materially greater scale.
- Mitsubishi Estate: Japan's largest real estate developer and investment manager. Operates a substantial asset management franchise serving institutional investors in Japanese real estate, directly competitive with Loadstar's Asset Management segment.
- Daiwa House REIT Management: Major Japanese REIT manager within the Daiwa House group. Competes for institutional real estate investment mandates in Japan, overlapping with Loadstar's Asset Management business.
- Daiwa Securities Living Investment (formerly Daiwa Real Estate Asset Management): Large Japanese real estate asset manager serving institutional investors. Competes with Loadstar's institutional AM franchise for real estate mandates in Japan.
Regional players
- Samty Co.,: Japan-focused real estate investment and hotel development firm that also runs a real estate crowdfunding business (Samty Crowd Funding). Comparable mix of self-capital investment plus retail crowdfunding distribution in Japan.
Emerging players
- Crowdcredit: Japan-based online lending and investment platform with real estate investment offerings. Comparable fintech-enabled alternative investment platform competing in the same retail alternative-investor pool.
- WealthPark: Asia-focused proptech and real estate investment platform with digital securities capabilities. Comparable in the convergence of real estate investment and digital/fintech distribution.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
Loadstar Capital social profiles
Digital presenceLoadstar Capital compliance and trust
Trust signalCompliance4 records
Loadstar Capital financial estimates
Financial estimateRevenue estimate
Valuation estimate
Loadstar Capital leadership team
Management profileNumber of profiles
Profiles18 records
Loadstar Capital subsidiaries and ownership
Company hierarchySubsidiaries4 records
Loadstar Capital funding detail
Funding detailFunding overview
Funding rounds5 records
Investors4 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Loadstar Capital M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Loadstar Capital
What does Loadstar Capital do?
Loadstar Capital is a Tokyo-based real estate investment firm operating three integrated businesses: (1) Corporate Funding — acquires and operates mid-scale Tokyo offices, hotels, and logistics facilities using its own capital, generating rental income and capital gains; (2) Asset Management — provides discretionary real estate investment management services for domestic and international institutional investors; (3) Fintech/Crowdfunding — operates OwnersBook, Japan's first real estate-specific crowdfunding service enabling individual investors to participate from ¥10,000, and OwnersBook+, a blockchain-based security token offering (STO) platform.
Is Loadstar Capital a public or private company?
Loadstar Capital is a public company. It is classified as public and is currently operating.
When was Loadstar Capital founded?
Loadstar Capital was founded in 2012. It employs 51 to 100 people.
Where is Loadstar Capital based?
Loadstar Capital is headquartered in Tokyo, Japan, in the Asia region.
How does Loadstar Capital make money?
Three revenue lines are on record. Corporate Funding (Corporate Funding Business) is the primary driver. The others are asset Management (Asset Management Business) and crowdfunding (OwnersBook).
Who are Loadstar Capital's main competitors?
Direct peers on record are Kenedix, SBI Holdings (SBI Crowdfunding / SBI Estate Finance) and Funds (Fundrise parent for US; Japan peer: Jointo). Broad incumbents are Nomura Real Estate Holdings, Mitsubishi Estate, Daiwa House REIT Management and Daiwa Securities Living Investment (formerly Daiwa Real Estate Asset Management). Samty Co., is listed as a regional player. Emerging players are Crowdcredit and WealthPark.
Does Loadstar Capital have an API?
No public API is recorded for Loadstar Capital.
What industry is Loadstar Capital in?
Loadstar Capital's product category is Real Estate Investment Management. Its primary akta.pro industry code is FSAAABAC, Discretionary Portfolio Management (DPM), with a secondary code of FSAGAJAA, SME Lending & Working Capital Platforms. Its NAICS code is 52394 and its SIC code is 6532.