Regional Revitalization Solution

What Regional Revitalization Solution does

Regional Revitalization Solution Co., Ltd. (地域創生ソリューション株式会社) is a Tokyo-based private investment fund management company founded on February 28, 2018, that serves as the general partner of the ALL-JAPAN Tourism Nation Fund series. The firm operates a hybrid investment platform combining real-estate investment (hotel development, renovation, conversion, and acquisition of accommodation facilities) with venture-capital investing in tourism-technology startups and regional revitalization initiatives. Its investor base and strategic sponsor network spans ten major Japanese institutions — MUFG Bank, Sekisui House, Mitsubishi Estate, Japan Airlines, Daiwa Real Estate Appraisal, Mitsubishi Research Institute, Meiji Yasuda Life, Mitsubishi HC Capital, Mitsubishi UFJ Trust Bank, and JTB (added with Fund 2) — alongside regional financial institutions that provide distribution across all 47 prefectures. As of mid-2023 the firm managed approximately 30.5 billion yen in committed capital split across two fund vintages and had executed roughly 60 investments covering both hospitality real estate and venture companies in digital maps (Stroly), reservation platforms (Asoview), revenue management (metroengine), mobile ordering (Showcase Gig), inbound tourist media (YOLO JAPAN), short-stay/labor matching (Otsetsutabi), trailer lodging (Earthboat), art-commerce (The Chain Museum), and travel AI (tripla, which listed on the TSE Growth Market in November 2022). The thesis is that Japan faces structural tourism challenges — accommodation shortages, aging facilities, operator succession, and rural underdevelopment — that require coordinated capital deployment across property, technology, and regional stakeholders rather than single-asset investing.

Name

Regional Revitalization Solution

Legal name

地域創生ソリューション株式会社 (Regional Revitalization Solution Co., Ltd.)

Website

https://kankou-japan.jp

Company type

Private

Founded year

2018

Operating status

Operating

Short description

Regional Revitalization Solution is a Tokyo-based private fund manager that operates Japan's first and largest privately-run tourism-focused investment platform, deploying hybrid real-estate and venture capital across all 47 prefectures through the ALL-JAPAN Tourism Nation Fund series on behalf of major Japanese corporate LPs.

Ownership category

akta.pro rank

Product category

Tourism Investment Fund Management

NAICS

Funds, Trusts, and Other Financial Vehicles (525), Other Financial Investment Activities (5239)

SIC

Investment Advice (6282), Real Estate Dealers (For Their Own Account) (6532)

akta.pro primary industry

Infrastructure & Project Finance Facilities (BPADACAG)

akta.pro secondary industry

Sustainable Infrastructure & Resilient Cities Funds (FSANAJAC)

Keywords

• Tourism investment fund
• Regional revitalization capital
• Hospitality venture capital
• Hotel development financing
• Hybrid real estate fund

Headquarters

HQ city

Tokyo

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. Investment Returns and Capital Gains: The fund generates returns through equity investments in tourism-related businesses and real estate investments in hotels and accommodation facilities. Returns are realized through capital gains, asset appreciation, and successful exits of portfolio companies.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Regional Revitalization Solution Co., Ltd. (地域創生ソリューション株式会社) operates as the General Partner (GP) of the ALL-JAPAN Tourism Nation Fund, a hybrid investment fund combining real estate investment and venture capital. The firm deploys capital into hotels, ryokan (Japanese inns), accommodation facility operators, and tourism-related venture companies across all 47 Japanese prefectures, with combined committed capital of approximately 30.5 billion yen across Fund 1 (~20 billion yen, 2018) and Fund 2 (~10.5 billion yen, 2023). It targets new hotel development, renovation, conversion of accommodation facilities, operational reform, and tourism-related technology ventures to support Japan's tourism nation-building and regional revitalization initiatives.

Product overview

Regional Revitalization Solution (地域創生ソリューション株式会社) operates two hybrid investment funds—a real estate and venture capital fund structure—that invest in Japan's tourism and regional revitalization sectors. The company manages ALL-JAPAN 観光立国ファンド (established 2018, ~20 billion yen) and ALL-JAPAN 観光立国ファンド2号 (established 2023, ~10.5 billion yen), targeting hotels, accommodation facilities, accommodation operators, tourism-related companies, and venture companies that support tourism nation-building across all 47 Japanese prefectures. The funds focus on new development, renovation, and conversion of hotels and accommodation facilities, as well as operational reform and business succession in the tourism industry.

Differentiator

Problem solved

Functional benefit

Products and services

• ALL-JAPAN Tourism Nation Fund (ALL-JAPAN 観光立国ファンド投資事業有限責任組合) Hybrid investment fund combining real estate investment and venture capital, investing in hotels, ryokan, accommodation facility operators, and tourism-related companies across all 47 prefectures of Japan. Focus areas include new hotel development, renovation, conversion of accommodation facilities, operational reform, venture companies supporting tourism nation-building, and traditional industry activation. Established April 27, 2018 with approximately 20 billion yen in committed capital from MUFG Bank, Sekisui House, Mitsubishi Estate, Japan Airlines, and other major Japanese corporations.
• ALL-JAPAN Tourism Nation Fund No. 2 (ALL-JAPAN 観光立国ファンド2号投資事業有限責任組合) Second hybrid investment fund established May 31, 2023 with approximately 10.5 billion yen in committed capital. Adds JTB Corporation as a new sponsor alongside MUFG Bank, Sekisui House, Mitsubishi Estate, Japan Airlines, and other existing investors. Targets accommodation facilities, corporate revitalization, and tourism/regional revitalization support companies, with focus on tourism industry recovery and regional development following the COVID-19 pandemic.

Named customers10 records

Segments3 records

Ideal customer profiles3 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.

• ヒルトン (Hilton)coreStrategic or Co-development Partner · 9 August 2018Support agreement with Hilton for hotel WBF Grand Kansai Airport assistance project. Hilton provides operational expertise and brand support for accommodation facilities.
• 立命館アジア太平洋大学 (Ritsumeikan Asia Pacific University)minorStrategic or Co-development Partner · 27 April 2018Comprehensive partnership agreement for academic cooperation, research, and human resource development in tourism and regional revitalization.

Scale indicators5 records

Recent moves8 records

Expansion highlights5 records

Broad incumbents

• DBJ (Development Bank of Japan): Japan's state-owned development bank providing infrastructure and project finance including tourism facilities. Directly comparable as a domestic institutional capital provider supporting regional development and tourism-related investments, though operating at much larger scale and with policy mandates rather than pure PE returns.
• Daiwa Real Estate Asset Management: A founding corporate partner of the ALL-JAPAN Tourism Nation Fund. Comparable as a major Japanese real estate asset manager with hotel and tourism property exposure, operating as a much larger established incumbent in the same property types the fund targets.
• JTB Corporation (Japan Travel Bureau): Japan's largest travel agency and a founding sponsor of Fund 2. Comparable as a tourism industry platform with deep domestic travel demand generation, regional network, and inbound tourism capabilities — providing operational and demand-side synergies to the fund's portfolio.
• JAFCO: Japan's largest venture capital and private equity firm. Comparable as a domestic PE/VC manager deploying capital across Japanese growth companies, with some portfolio overlap in tourism-tech and regional businesses, though at much larger scale and broader sector mandate.
• Mitsubishi Estate (Hotel/Resort Operations): A founding corporate partner of the fund and a major Japanese real estate developer with hotel and resort operations. Comparable as a Japanese institutional capital provider for tourism and accommodation assets, though primarily an operator/developer rather than a fund manager.
• Sekisui House: A founding corporate partner of the fund and one of Japan's largest homebuilders with growing hotel and accommodation development operations. Comparable as a Japanese real estate developer entering the hospitality/tourism sector with balance sheet capital.

Direct peers

• Cool Japan Fund: Japanese government-affiliated investment fund targeting tourism, cultural, and regional revitalization sectors. Closest peer in terms of tourism-focused mandate and regional development thesis, though Cool Japan is publicly backed rather than privately sponsored like the ALL-JAPAN Tourism Nation Fund.
• Kenedix: Tokyo-based alternative asset manager with significant real estate investment and private equity operations in Japan. Comparable in its hybrid real estate + private equity approach and Japanese hotel/accommodation investment activity, though at larger scale and with broader sector exposure.

Emerging players

• World Innovation Lab (WiL): Japan-focused venture capital platform with corporate LP backing. Comparable in its Japan-centric venture mandate and corporate-sponsored structure, though focused on broader technology sectors rather than tourism-specific themes.
• Rakuten Capital: Corporate venture arm of Rakuten Group investing in Japanese startups including travel and hospitality. Comparable in its Japan-focused venture investment approach with corporate strategic backing, though primarily technology-focused rather than real estate + venture hybrid.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Funding overview

Funding rounds

Investors

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

M&A

Investments13 records

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

Frequently asked questions about Regional Revitalization Solution