Marimo Holdings

What Marimo Holdings does

Marimo Holdings, Inc. is a Japanese holding company headquartered in Hiroshima that manages approximately 20 group companies organized into three sectors: domestic real estate, overseas real estate, and non-real-estate businesses. The domestic real estate sector develops and sells condominium units via MARIMO Co., Ltd. across 45 Japanese prefectures; builds single-family homes through MARIMO HOUSE; manages condominium buildings and operates an insurance agency through GM Associe; runs real estate brokerage and an AEON Housing franchise through Marimo Real Estate Services; and operates the asset management business Marimo Asset Management, which sponsors the Tokyo Stock Exchange-listed Marimo Regional Revitalization REIT (since July 2016) and launched the ArtizA private-placement rental apartment fund in January 2025. The overseas real estate sector operates in China via a joint venture with Tateya Group under the Polestar (北極星) brand — Polestar Garden (853 units) and Shang Yayuen / 尚雅苑 (1,260 units) in Suzhou — in the Philippines with Verlin Konstrukt for affordable housing, in Vietnam with Mercuria Holdings from February 2026, and through Marimo Global Limited in Hong Kong as the overseas headquarters. The non-real-estate sector, overseen by Marimo Social Solutions Co., Ltd. (established August 2024), includes IT services (Marimo Global Technology, Scale Free Network, PT Marimo Global Technology Indonesia), welfare services (SA-N-PO group homes), organic agriculture (Marimo Farm), fishing (FISHFRIENDS), environmental sanitation (Marimo Life), hotels (Blue Quad Hotel brand), and international specified-skilled-worker placement.

The group's distinguishing technology is a Japanese-supervised construction quality system used in the China joint ventures, integrating YKK high-airtightness components, full concrete structure, and 24-hour mechanical ventilation with on-site Japanese construction management — producing 0 delivery refusals on the 853 Polestar Garden units and 100% sell-through on Shang Yayuen. The group applies a proprietary Marimo Activity Portfolio (MAP) management framework, formulated July 2020, to score the balance between business activity and social contribution toward a 2030 vision of a 50% business / 50% social mix. Other proprietary platforms include the ArtizA private-placement fund, an end-to-end international HR matching platform supported by 6 in-house Indonesian staff, and a consolidated group IT stack with offshore delivery in Indonesia.

Marimo's revenue model mixes one-time project-based revenue (condominium unit sales, custom home construction, overseas development), recurring management fees (listed REIT, ArtizA / Marimo Resi funds, condominium management, hotel operations, IT vocational training, welfare services), and transaction-based revenue (real estate brokerage, FISHFRIENDS, fishing equipment exports). Customers span individual Japanese home buyers in 45 prefectures, Chinese middle-class buyers, Filipino and Vietnamese low/middle-income housing buyers, institutional and private REIT/fund investors, Japanese agricultural and welfare employers using the international HR service, and enterprise partners including AEON MALL, Tateya Group, Verlin Konstrukt, and Mercuria Holdings. The company is privately held (kabushiki kaisha) with no public listing, no disclosed revenue figure, and group leadership centered on President and CEO Makoto Fukagawa (with Katsuhide Tanimoto appointed President of Marimo Co., Ltd. in August 2024).

Name

Marimo Holdings

Legal name

Marimo Holdings, Inc. (株式会社マリモホールディングス)

Website

https://marimo-hd.co.jp

Company type

Private

Founded year

2015

Operating status

Operating

Short description

Marimo Holdings is a Japanese holding company managing approximately 20 subsidiaries across domestic real estate (condominium development in 45 prefectures, asset management, brokerage, homebuilding), overseas real estate (China, Philippines, Vietnam, Hong Kong), and non-real-estate businesses (IT, welfare, agriculture, hotels, international HR).

Ownership category

akta.pro rank

Product category

Real Estate Development

NAICS

Real Estate Property Managers (53131), Residential Property Managers (531311), Management of Companies and Enterprises (55111), Lessors of Miniwarehouses and Self-Storage Units (531130), Lessors of Miniwarehouses and Self-Storage Units (53113)

SIC

Real Estate Agents & Managers (For Others) (6531), Operators Of Nonresidential Buildings (6512), Real Estate Investment Trusts (6798), Real Estate (6500), Lessors Of Real Property, Nec (6519)

akta.pro primary industry

Mixed-Use Property Management (BPAJAGAE)

akta.pro secondary industries

Single-Family Rental (SFR) Property Management (BPAJAFAB), Self-Storage Property Management (BPAJAGAM), Healthcare & Medical Office Property Management (BPAJAGAF), Specialty Real Assets / Niche Strategies (Marinas, Student Housing, Self-Storage, Life Science RE) (FSANAEAO)

Keywords

• Condominium development
• Real estate development
• Residential construction
• Affordable housing
• Property asset management

Headquarters

HQ city

Hiroshima

HQ country

Japan

HQ region

Asia

Offices11 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Condominium development and sales (MARIMO Co., Ltd.): One-time revenue from sale of newly built condominium units (e.g., GLADIS Aioibashi, Connect Garden Hiroshima Gion) to individual buyers across 45 Japanese prefectures; supplemented by profitable real-estate (収益不動産) creation business.
2. Single-family home sales and construction (MARIMO HOUSE): Custom-built homes, condominiums, renovations, apartments, special construction, and real estate sales/brokerage; one-time project-based revenue.
3. Asset management and private REIT/fund management (Marimo Asset Management): Recurring management fees from Marimo Regional Revitalization REIT (listed July 2016 on TSE) and the ArtizA private-placement fund (launched January 2025), plus the Marimo Resi Fund (April 2026) covering three metropolitan-area rental apartments. Investment management is the registered business.
4. Overseas condominium development and sales (Marimo Global Limited / Suzhou Marimo Health Consulting / MARIMO PHILIPPINE HOLDINGS): One-time sales of condominium units in China (Polestar Garden 853 units, 尚雅苑 1,260 units) and Philippines affordable-housing projects; joint venture with Tateya Group in China; partnership with Verlin Konstrukt Inc. in the Philippines; new entry in Ho Chi Minh City, Vietnam (Feb 2026) with Mercuria Holdings.
5. Condominium management and insurance agency (GM Associe): Recurring management fees from condominium building management and community formation, plus insurance agency commissions.
6. Real estate brokerage and consulting (Marimo Real Estate Services, AEON Housing franchise): Transaction-based brokerage commissions on used-home transactions, fair-priced housing provision, and inheritance/vacant-house consulting; AEON Housing franchise opened in Ion Town Rakurakuen (Dec 2024).
7. Hotel and hospitality operations (Blue Quad Hotel Kurashiki Tamashima; Seto no Utsutsu sauna/fishing hotel; blue quad hotel Suwa): Operating revenue from hotel rooms, glamping (LEMON FARM GLAMPING Shimanami), restaurants, and event hosting — entered May 2022 as part of regional revitalization.
8. IT services and system development (Marimo Global Technology, Scale Free Network, PT MGT Indonesia): Application development, IT system design/build/maintenance, SES (System Engineering Service) contracting, contract system development, IT consulting, and new-business system development support.
9. Environmental sanitation and ESCO business (Marimo Life): Revenue from energy-saving ESCO projects, air-conditioning monitoring systems, LED installation, CO2 reduction services, and ozone-based water-pollution prevention.
10. Agriculture and food (Marimo Farm, Marimo Honzou Yakuzen, Setomos Citrus Park Setoda): Sales of naturally grown organic rice and vegetables (Marimo Farm), Chinese-medicine herbal training and publishing (Honzou Yakuzen), and tourism/agricultural experience revenue from Citrus Park Setoda and LEMON FARM GLAMPING.
11. Fishing equipment exports and FISHFRIENDS web service (Fish Friends): Sales of fishing equipment plus subscription/transaction revenue from the FISHFRIENDS fishing-information web platform.
12. Welfare and childcare services (SA-N-PO Group Homes, NEIS gymnastics schools): Per-service revenue from group homes for people with disabilities, after-school day services, children's gymnastics franchise fees, and Hiroshima City commissioned welfare work.
13. IT vocational training and programming education (Lifeskill Support Association): Course and tuition fees from IT vocational training programs run via Hello Work (Public Employment Security Office) and paid children's programming classes.
14. International HR placement / 特定技能 matching (Marimo Holdings International HR Division): Placement and ongoing-support fees from matching specified-skilled foreign workers (primarily from Indonesia) with Japanese employers, especially agricultural producers facing labor shortages.
15. Joint-venture development fees and brand royalties (Tateya / Polestar JV): Revenue share from joint-venture condominium development in China with Tateya Group under the Polestar (北極星) brand; Marimo contributes Japanese design, material selection, and on-site construction management.

Pricing tiers

Go-to-market motion5 records

Distribution channels11 records

Marketing channels11 records

Core offering

Marimo Holdings is a Hiroshima-headquartered Japanese holding company that develops and sells for-sale condominiums, custom homes and rental apartments in Japan, develops Japanese-quality condominiums in China (Polestar Garden, Shang Yayuen) and affordable housing in the Philippines and Vietnam, and operates diversified non-real-estate businesses including IT services, asset management, hospitality, organic farming, fishing e-commerce, welfare services, and international HR matching — all organized under a stated 50% business / 50% social vision.

Product overview

Marimo Holdings, Inc. (株式会社マリモホールディングス, established August 3, 2015) is a Japanese holding company headquartered in Hiroshima that manages a diversified group of subsidiaries organized into three sectors: Domestic Real Estate Business, Overseas Real Estate Business, and Non-Real-Estate Business (overseen by Marimo Social Solutions Co., Ltd.). It is not a single unified software product; rather, it is a corporate group whose products and services span the full real estate value chain and adjacent social businesses. The Domestic Real Estate sector consists of MARIMO Co., Ltd. (condominium developments including the GLADIS and Connect Garden series, and the China Polestar / Polar Star Garden and Shangayuen brands), Marimo Asset Management Co., Ltd. (REIT and private fund management, including the ArtizA rental apartment brand and Marimo Regional Revitalization REIT), GM Associe Co., Ltd. (condominium management, insurance agency), MARIMO HOUSE Co., Ltd. (custom homes, renovations, special construction), and Marimo Real Estate Services Co., Ltd. (brokerage including AEON Housing franchise stores). The Overseas Real Estate sector consists of Marimo Global Limited (Hong Kong headquarters, formerly Marimo Hong Kong Limited), Suzhou Marimo Health Consulting Co., Ltd. (China condominium), and MARIMO PHILIPPINE HOLDINGS, INC. (Philippine affordable housing business). The Non-Real-Estate sector, overseen by Marimo Social Solutions, includes Marimo Global Technology Co., Ltd. (application development, IT system design; with PT Marimo Global Technology Indonesia in Indonesia), Scale Free Network Co. Ltd. (SES, contract system development, IT consulting), Lifeskill Support Association (IT vocational training, children's programming), Marimo Honzou Yakuzen Co., Ltd. (traditional Chinese medicine education), Fish Friends Co., Ltd. (FISHFRIENDS fishing web service and equipment export), Marimo Life Co., Ltd. (energy-saving ESCO), Marimo Farm Co., Ltd. (organic agriculture and rice brand "Mabimai"), Setomos Co., Ltd. (Citrus Park Setoda and LEMON FARM GLAMPING Shimanami), hospitality operations including the Blue Quad Hotel and Seto no Utsutsu brands, the SA-N-PO (三歩) social welfare group homes, and NEIS Gymnastics Schools. Marimo Holdings also produces and distributes the microacid hypochlorous acid water product "Kieru Clean" (キエルクリン) and supports the acquired Coconomi food subscription service. Brand-supporting digital properties include the "moment-eternity" / "trying never stop" brand site, the marimo DESIGN STORY site, and the official website, which uses Google Analytics for user analytics. Group-wide management is guided by the "altruism and gratitude" philosophy and the Marimo Activity Portfolio (MAP) framework, with a 10-year vision toward 2030 to become a "50% business, 50% social" social business company.

Differentiator

Problem solved

Functional benefit

Brands

• ArtizA: Marimo's rental apartment brand; subject of the first private placement fund operated by Marimo Asset Management.
• GLADIS
• Polestar (ポレスター / 北極星)
• Blue Quad Hotel
• FISHFRIENDS

Products and services

• MARIMO Condominium Developments (GLADIS, Connect Garden series) For-sale condominium unit developments across 45 Japanese prefectures, including the GLADIS series (e.g., GLADIS Aioibashi, 2025 Good Design Award winner) and the Connect Garden series (e.g., Connect Garden Hiroshima Gion, co-developed with AEON MALL on mall grounds). Marketed to individual home buyers in Japan.
• Polestar Garden and Shang Yayuen (尚雅苑) China Condominium Projects Large-scale Japanese-quality condominium projects in Suzhou, China developed via joint venture with Tateya Group under the Polestar (北极星) brand, using Japanese-supervised construction (YKK high-airtightness components, same-floor drainage, full concrete structure, 24-hour mechanical ventilation) and Chinese Eco-Building Two-Star rating. Marketed to Chinese home buyers.
• Philippines Affordable Housing (via MARIMO PHILIPPINE HOLDINGS / Verlin Konstrukt) Affordable housing for low- and middle-income Filipino families, developed through a capital and business alliance with Verlin Konstrukt Inc. of the Philippines. Distributed via Verlin Konstrukt's local sales and development channels.
• Vietnam Ho Chi Minh City Affordable Housing (with Mercuria Holdings) Real estate development project in Ho Chi Minh City, Vietnam, structured as Marimo's first joint project with Mercuria Holdings, targeting affordable housing.
• Marimo Regional Revitalization REIT Tokyo Stock Exchange-listed real estate investment trust sponsored by Marimo Asset Management Co., Ltd., investing in regional income real estate to promote regional revitalization. Targets institutional and retail investors.
• ArtizA Private-Placement Rental Apartment Fund First private-placement fund operated by Marimo Asset Management Co., Ltd., targeting Marimo's ArtizA rental apartment brand. Targets institutional and private investors in Japan's three major metropolitan areas.
• Marimo Resi Fund Private-placement fund managed by Marimo Asset Management, covering rental apartments developed or acquired in Japan's three major metropolitan areas. Targets institutional and private investors.
• MARIMO HOUSE Custom Homes and Renovations Custom-built single-family homes, condominiums, renovations, apartments, and special construction under MARIMO HOUSE Co., Ltd. Promotes ZEH and passive design energy conservation and disaster-resistant streetscape regeneration. Marketed to individual home buyers in Japan.
• GM Associe Condominium Management and Insurance Agency Condominium building management, community formation, and insurance agency services under GM Associe Co., Ltd. Provides stable employment of elderly and women as caretakers. Marketed to condominium associations and unit owners.
• Marimo Real Estate Services Brokerage and AEON Housing Franchise Real estate buying, selling, brokerage, and consulting under Marimo Real Estate Services Co., Ltd., including the AEON Housing franchise stores (e.g., AEON Housing Aeon Town Rakurakuen Store — the first AEON Housing in Chugoku/Shikoku). Targets individual consumers seeking used homes, vacant-house and inheritance consulting.
• Blue Quad Hotel Kurashiki Tamashima and blue quad hotel Suwa Container-style hotel brand operated by Marimo Social Solutions; first location Blue Quad Hotel Kurashiki Tamashima opened May 2022, with blue quad hotel Suwa at Suwa Station Park opened March 1, 2026. Marketed to leisure and business travelers.
• Seto no Utsutsu Sauna and Fishing Hotel Sauna and fishing hotel in Suō-Ōshima, Yamaguchi Prefecture, operated as part of regional revitalization. Marketed to leisure travelers.
• LEMON FARM GLAMPING Shimanami (at Citrus Park Setoda) Glamping facility located within Citrus Park Setoda in Onomichi City, Hiroshima Prefecture, operated by Setomos Co., Ltd. Marketed to leisure travelers and cycling tourists on the Shimanami Kaido.
• Marimo Global Technology IT Services Application development, IT system design/build/maintenance, IT consulting, and offshore IT services delivered through PT Marimo Global Technology Indonesia (formerly PT Drose Konsultasi Indonesia). Marketed to corporate clients requiring IT staffing and development.
• Scale Free Network SES and Contract System Development SES (System Engineering Service) contracting, contract system development, and IT consulting under Scale Free Network Co. Ltd. Marketed to corporate clients.
• Lifeskill Support Association IT Vocational Training IT vocational training programs run via Hello Work (Public Employment Security Office) and paid children's programming classes under Lifeskill Support Association. Marketed to job seekers and parents of school-age children.
• FISHFRIENDS Fishing Web Service and Equipment Exports Fishing information and equipment e-commerce platform at fishfriends.co.jp, plus export business for fishing equipment under Fish Friends Co., Ltd. Marketed to fishing enthusiasts and the fishing industry.
• Marimo Honzou Yakuzen Chinese-Medicine Education Training, education, and publishing for traditional Chinese and herbal medicine experts and enthusiasts under Marimo Honzou Yakuzen Co., Ltd. Marketed to wellness learners and professionals.
• Marimo Life Energy-Saving ESCO and Environmental Sanitation Energy-saving ESCO projects, air-conditioning monitoring systems, LED installation, CO2 reduction services, and ozone-based water-pollution prevention under Marimo Life Co., Ltd. Marketed to facility owners and corporate customers.
• Marimo Farm Organic Agriculture and Mabimai Rice Naturally grown organic rice and vegetables (including the Koshihikari rice brand "Mabimai" / 真美米) produced by Marimo Farm Co., Ltd. in Jinseki-Kogen, Hiroshima. Marketed to consumers and corporate gift buyers.
• SA-N-PO Welfare Group Homes and After-School Day Services Group homes for people with disabilities and after-school day services under Marimo Social Solutions, including SA-N-PO Shiroki and SA-N-PO Misuzugaoka. Marketed to individuals with disabilities and their families.
• NEIS Gymnastics Schools Children's gymnastics franchise operated across multiple retail-mall locations in Hiroshima and other prefectures. Marketed to families with young children.
• International Specified-Skilled-Worker HR Matching End-to-end specified-skilled-worker (特定技能) matching and support service by Marimo Holdings' International HR Division, recruiting primarily from Indonesia and placing workers with Japanese agricultural producers (e.g., Kochi prefecture leek farms), with in-house Indonesian staff providing language and daily-life support.

Quantifiable outcome

• 853 units sold before delivery with 0 delivery refusals on Polestar Garden (Suzhou)
• +9 more outcomes

Named customers18 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Feature5 records

Partnerships

21 partnerships are on record, tiered major cross-border real estate alliance (first joint project with mercuria), csr community partner, local brand awareness sponsor, local brand-affinity csr sponsor partner, local community / social welfare partner, key municipal government partner, key real estate brokerage franchise (first in chugoku/shikoku), recruitment / local talent engagement partner, core offshore it delivery partner (now wholly owned subsidiary), mid-tier capital and business alliance, core internal group capital alliance, strategic long-term csr / community partner, core overseas affordable-housing partner, flagship group-level capital and business alliance, flagship / core capital and business alliance, local volunteer partner, core organic agriculture jv partner, core operational partner for international hr business, local talent and social-business co-creation partner, flagship local sports sponsorship (diamond partner since 2017-18 season) and core jv partner for china condominium business.

• Mercuria Holdingsmajor cross-border real estate alliance (first joint project with mercuria)Strategic or Co-development Partner · 6 February 2026Joint venture contract signed February 6, 2026 for a Ho Chi Minh City real estate development project — Marimo Holdings and Mercuria Holdings' first joint project. Marks Marimo's formal entry into Vietnam's affordable-housing market.
• Paris Miki Co., Ltd. (パリミキ / メガネの三城)csr community partnerGTM or Marketing Partner · 11 December 2025Joint project launched December 11, 2025 to deliver eyeglasses to children from financially disadvantaged families in Hiroshima Prefecture. Partners include NPOs こどもステーション and キッズドア. The program is part of an ongoing social contribution activity led by Social Business Bank's Shingo Azuma, in which Marimo Holdings participates as a support member.
• Tokyo Girls Collection (TGC HIROSHIMA 2025)local brand awareness sponsorGTM or Marketing Partner · 1 December 2025Marimo Holdings sponsored TGC HIROSHIMA 2025 (presented by Hiromatsu Holdings) as a partner under the theme of 'Building a city full of smiles', running an interactive art booth.
• Hilton Hiroshima (ヒルトン広島)local brand-affinity csr sponsor partnerGTM or Marketing Partner · 17 November 2025Sponsorship of Hilton Hiroshima's charity project 'Christmas Train 2025' (November 1, 2025 – January 9, 2026) — a Marimo-branded freight car runs through the diorama. Sponsorship funds are donated to install composite playground equipment at children's homes in Hiroshima Prefecture.
• Paris Miki (メガネの三城) — Children's Glasses Delivery Project with NPOs (こどもステーション, キッズドア)local community / social welfare partnerGTM or Marketing Partner · 16 October 2025Announced October 16, 2025 — 'Project to Deliver Glasses to Children with Marimo Holdings in Hiroshima'. Partners include NPOs こどもステーション and キッズドア. Marimo Holdings provided support and a gift of eyeglass vouchers to NPOs.
• Hiroshima City (広島市)key municipal government partnerStrategic or Co-development Partner · 1 April 2025Marimo Social Solutions signed a comprehensive cooperation agreement with Hiroshima City in April 2025 (announced April 16, 2025) to improve citizen services and revitalize the local community. Followed by Marimo Social Solutions being selected as the FY2024 commissioned provider for Hiroshima City's 'Regional Symbiotic Society' consultation support project (April 1, 2024), and acquisition of naming rights for 3 public facilities (Higashi/Aki Ward Community Cultural Centers, Nishi Ward Sports Center) for 4 years from April 1, 2026 – March 31, 2030.
• AEON Housing (イオンハウジング) — operated via Marimo Real Estate Serviceskey real estate brokerage franchise (first in chugoku/shikoku)Channel Partner/ Reseller/ Distributor · 6 December 2024Marimo Real Estate Services operates the AEON Housing franchise. The first Chugoku/Shikoku AEON Housing store opened in Ion Town Rakurakuen on December 6, 2024. Franchise leverages AEON retail traffic to distribute housing brokerage services (used homes, vacant houses, inheritance consulting).
• Hiroshima University AI/Data Innovation Education Research Center (HIROSHIMA就活スタジアム 2024)recruitment / local talent engagement partnerGTM or Marketing Partner · 13 November 2024Marimo participated in the metaverse-based job fair 'HIROSHIMA就活スタジアム 2024' on November 13, 2024 on the 'ZIKU' platform. Co-hosted with Hiroshima Prefecture; supported by Hiroshima DX Human Resource Development Council. Marimo has participated since 2022.
• PT Drose Konsultasi Indonesia (now PT MARIMO GLOBAL TECHNOLOGY INDONESIA)core offshore it delivery partner (now wholly owned subsidiary)Strategic or Co-development Partner · 7 November 2024Marimo Global Technology acquired all shares of Indonesian IT company PT Drose Konsultasi Indonesia on November 7, 2024, to expand its IT business and develop human resources domestically and internationally. Renamed PT Marimo Global Technology Indonesia on January 23, 2026.
• Moopon Corporationmid-tier capital and business allianceStrategic or Co-development Partner · 15 October 2024Marimo Social Solutions signed a capital and business alliance with Moopon Corporation on October 15, 2024.
• Marimo Global Technology / Scale Free Network (capital alliance within group)core internal group capital allianceStrategic or Co-development Partner · 1 October 2024Marimo Global Technology signed a capital alliance with Scale Free Network and a business succession agreement for Lifeskill Support Association on March 1, 2024 (announced). On November 7, 2024, Marimo Global Technology completed full acquisition of PT Drose Konsultasi Indonesia (now PT Marimo Global Technology Indonesia).
• Child's Dream (チャイルド・ドリーム)strategic long-term csr / community partnerOthers · 25 July 2024Marimo Group has been a regular donor to Child's Dream since 2016, supporting the construction of 4 elementary/junior high schools in the Mekong River basin (Bour Secondary School Cambodia 2016, Ou Ampil Primary School Cambodia 2018, Mueang Muay Secondary School Laos 2020, Prey Tralach Secondary School Cambodia 2023). In 2024, Marimo opened the Child's Dream Japan Support Desk (announced July 25, 2024), becoming the official Japan partner. In 2025, 1,237,502 JPY was raised for the Myanmar earthquake relief effort (180 employees + matching company contribution).
• Verlin Konstrukt Inc. (Philippines)core overseas affordable-housing partnerStrategic or Co-development Partner · 30 March 2023Partnership formed March 30, 2023 for the affordable-housing business in the Republic of the Philippines. Further strengthened November 7, 2024 through a third-party allocation capital subscription to fully enter the Philippine low/middle-income housing market. Project positioned as a 'social business' that uses business methods to solve social issues.
• Marimo Group / Aeon Mall capital and business alliance (formal announcement)flagship group-level capital and business allianceStrategic or Co-development Partner · 28 March 2023Formal capital and business alliance announcement (March 28, 2023) between AEON MALL Co., Ltd. and Marimo Holdings — established the basis for the 'Marimo & Aeon Mall Co-Creation Project'. First project (Connect Garden Hiroshima Gion) announced June 30, 2025.
• AEON MALL Co., Ltd. (イオンモール株式会社)flagship / core capital and business allianceStrategic or Co-development Partner · 1 March 2023Capital and business alliance (March 2023) to strengthen Marimo's domestic real estate business. First co-creation project 'Connect Garden Hiroshima Gion' condominium announced on the grounds of Aeon Mall Hiroshima Gion (June 30, 2025). Joint press release available.
• China Construction Industry (中国建設工業) — co-host of Plus One! Cleanup Projectlocal volunteer partnerGTM or Marketing Partner · 1 April 2022Co-host with Fish Friends of the 1st 'Plus One! Cleanup Project' (April 2022) in Tamashima-Otsushima, Kurashiki City, Okayama Prefecture — coastal cleanup with approximately 50 volunteers, including anglers, families, and supporters.
• Tanabe Farm (タナベファーム)core organic agriculture jv partnerStrategic or Co-development Partner · 1 November 2021Tanabe Marimo Farm Co., Ltd. was jointly established in November 2021 between Tanabe Farm (organic farmer in Jinseki-Kogen, Hiroshima) and Marimo Holdings to promote organic agriculture and employment creation. Renamed Marimo Farm Co., Ltd. on October 30, 2023. Now produces the naturally grown Koshihikari '真美米' (Mami-mai) rice used as gifts at Hiroshima Dragonflies sponsored games.
• International specified-skilled-worker (特定技能) placement partners — Indonesian HR (6 Indonesian staff in Marimo's international HR division)core operational partner for international hr businessOthers · 1 August 2021Marimo's international HR division places Indonesian specified-skilled workers with Japanese agricultural employers (e.g., Kochi prefecture organic leek farms). The division employs 6 Indonesian staff who provide language and administrative support to both workers and employers — described in the source as a key competitive differentiator.
• Hiroshima University 1st Penguin Club (Entrepreneurship Club)local talent and social-business co-creation partnerOthers · 1 November 2020Marimo Social Business Promotion Division ran the 'Marimo Zemi' (Marimo Seminar) from November 2020 to March 2021, with Marimo employees as mentors for 5 Hiroshima University 1st Penguin Club entrepreneurship students. Second phase began June 2021. Marimo also donates to the 1st Penguin Club.
• Hiroshima Dragonflies (広島ドラゴンフライズ, B.League basketball)flagship local sports sponsorship (diamond partner since 2017-18 season)GTM or Marketing Partner · 1 January 2017Diamond Partner of B.League Hiroshima Dragonflies since 2017-18 season; renewed as Diamond Partner for 2025-26 season (July 1, 2025). Named game sponsor for multiple home games (Hiroshima vs. Chiba Jets Mar 2, 2024 – 6,873 attendees; vs. Saga Ballooners Oct 13, 2024 – 4,372; vs. Sanjo Magic May 4, 2025 – 4,491; vs. Levanga Hokkaido Oct 12, 2025 – 4,486). Also supports the Dream Kids Challenge.
• Tateya Group (建屋グループ)core jv partner for china condominium businessStrategic or Co-development Partner · 1 January 2013Joint venture for Chinese condominium projects. Polestar Garden (北極星花園, 853 units, Suzhou Industrial Park) launched 2013 — all 12 buildings sold out before delivery with 0 delivery refusals. 尚雅苑 (1,260 units, 18 buildings, Wujiang District, Suzhou) launched 2017–2018 — Phase 1 (532 units) sold out same month, Phase 2 (728 units) sold out same day.

Scale indicators19 records

Recent moves15 records

Expansion highlights6 records

Direct peers

• Anabuki Kosan Inc. A mid-sized Japanese real estate developer focused on condominiums and rental apartments, particularly in regional cities including Hiroshima and the Chugoku/Shikoku areas. Closely comparable to Marimo given its regional Japanese condo focus, rental apartment brand (used as private-placement fund collateral), and similar social/community orientation.
• Pressance Corporation: Japanese condominium developer concentrated in regional cities (Kansai, Chugoku, Hokuriku, Kyushu). Comparable to Marimo in mid-tier positioning, regional-city focus, and reliance on domestic for-sale condo revenue across multiple prefectures.
• Open House Group Co., Ltd. Tokyo-headquartered developer of single-family homes and condominiums operating nationwide. Comparable to Marimo in Japanese for-sale residential development with a multi-prefecture, multi-product approach, though at a much larger scale.
• Kenedix, Inc. Tokyo-based real estate asset manager operating private REITs and J-REITs across residential, office, and logistics. Directly comparable to Marimo Asset Management's listed REIT plus private placement fund strategy (ArtizA, Marimo Resi Fund).
• Takara Leben Co., Ltd. Mid-sized Japanese developer of condominiums, rental housing, and senior living facilities with overseas expansion including into China. Comparable to Marimo in mid-cap size, mixed real estate + welfare/senior living exposure, and Chinese condo business.

Broad incumbents

• Iida Group Holdings Co., Ltd. Large Japanese homebuilder and condominium developer (Tsukada Sochi brand) with operations across Japan. A larger incumbent operating in the same core product category — for-sale Japanese residential — but at significantly greater scale than Marimo.
• Daito Trust Construction Co., Ltd. Japan's largest rental housing / built-for-rent developer (Leopalace21-rival with the 'D-Rent' / 'Pact' platforms) and a broader residential real estate incumbent. Overlaps with Marimo's asset management and rental apartment (ArtizA) strategy but operates at much greater scale across leasing, construction, and real estate finance.
• Haseko Corporation: Major Japanese condominium builder (#1 in units delivered in most years) and general contractor. Competes with Marimo in the Japanese for-sale condo market and shares exposure to construction quality, but operates at vastly greater scale and includes contracted construction of competitors' projects.
• Tokyu Land Corporation: Diversified Japanese real estate developer (condominiums, rental housing, retail, resorts) with international operations including Southeast Asia. Comparable to Marimo in cross-border real estate ambitions and integrated urban-development model, but at much larger scale.
• Nomura Real Estate Holdings: Major Japanese real estate group operating condominium development (PROUD brand), asset management, and overseas investments. Comparable to Marimo in the integrated development-plus-asset-management model and in expanding overseas (Vietnam, Philippines) into affordable housing.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat6 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/marimosaiyo

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries18 records

Funding overview

Funding rounds

Investors

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

M&A

Investments1 record

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

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