IBI

What IBI does

IBI (株式会社アイビーアイ, Investment for Business Infrastructure) is a privately held Tokyo-based Japanese corporation founded in February 2001 in Yokohama that operates two core business segments: a used-condominium renovation/resale business and a premium mobility services group. The renovation segment acquires secondhand condominiums, adds value through in-house renovation design and construction, and resells the finished units under the "i-reno" (アイリノ, "love renovation") consumer brand — handling the full cycle from acquisition and planning through construction, sales, and after-service internally through a single-handler model. The mobility segment operates through 16 subsidiaries in the Royal Limo Group, deploying 500+ Toyota Alphard vehicles for premium airport transfers, hotel shuttles, corporate transport, and executive transport, with the Z subsidiary integrated into Uber's app under the "Premium" category and AI-based dynamic pricing.

The company has grown primarily through M&A, completing 14+ acquisitions since 2013 across both real estate and mobility operators, and has raised cumulative capital of approximately 12 billion yen (~$76M USD) through multiple rounds, culminating in a 10 billion yen investment from MUFG Strategic Investment (Mitsubishi UFJ Bank's investment arm) in May 2026 earmarked for fleet expansion. As of June 2026, IBI employs 61 corporate staff across six branch offices in Tokyo (HQ and Chuo), Yokohama, Kobe, Osaka, and Morioka, serving individual residential buyers, hotels, and corporate clients. Revenue is not publicly disclosed; the revenue model combines one-time real estate transactions with transaction-fee mobility services.

The company is led by Representative Director and CEO Kaneko Kensaku (金子健作), supported by COO Nakae Hirotaka, CFO Fukai Masamu (appointed April 2025), and CHRO Nagai Ai (appointed April 2025). IBI holds the MLIT Minister real estate transaction license, rental housing management registration, and memberships in four industry associations. A group-wide trade name change for IBI and its subsidiaries is effective July 1, 2026, intended to strengthen corporate governance and consolidate the IBI brand. The company describes itself as a "social infrastructure" operator focused on regenerating existing real estate stock rather than new construction.

Name

IBI

Legal name

株式会社アイビーアイ

Website

https://ibi-inc.co.jp

Company type

Private

Founded year

2001

Operating status

Operating

Headcount range

1–10 employees

Short description

IBI (株式会社アイビーアイ) is a Tokyo-based private Japanese company that renovates and resells used condominiums under the i-reno brand and operates a 16-subsidiary premium mobility group with 500+ Toyota Alphard vehicles integrated with Uber, serving individual buyers, hotels, and corporate clients.

Ownership category

akta.pro rank

Headquarters

HQ city

Tokyo

HQ country

Japan

HQ region

Asia

Offices6 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. 中古マンション・リノベーション不動産販売事業: 中古マンションを取得し、リノベーションを経て付加価値を高めた状態で販売。仕入れから企画、施工、販売までワンストップで対応。個人の住宅需要のみならず、サステナブルな社会インフラの創造に貢献。
2. モビリティ事業: ロイヤルリムジングループとしてタクシー・ハイヤーサービスを実施。Uberアプリを通じた配車サービスと、法人・ホテル向けの高級接送サービスを提供。アルファードを中心としたプレミアム移動サービスを展開。

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

IBI purchases used condominiums and apartments, renovates them with modern designs and lifestyle-oriented features, and resells the renovated units. It also operates a premium mobility business through 16 subsidiaries under the Royal Limo Group, providing premium taxi and hire car services with a 500+ Toyota Alphard fleet, including Uber-integrated dispatch and direct phone reservations for corporate and hotel clients. A smaller investment/incubation arm supports future business development for the group.

Product overview

IBI (株式会社アイビーアイ, Investment for Business Infrastructure) operates two core business segments: (1) 中古住宅再生事業 - renovation and resale of used condominiums under the 'アイリノ' (i-reno) brand, handling the full cycle from acquisition to renovation, sales, and after-service; and (2) モビリティ事業 - premium mobility services through subsidiaries including ロイヤルリムジン株式会社, 株式会社Z, and 株式会社ジャパンプレミアム東京, featuring 500+ Toyota Alphard vehicles with Uber app integration. The company also operates an investment/incubation business for future asset creation. IBI positions itself as a 'renovation' company that regenerates existing social infrastructure rather than pursuing scrap-and-build development.

Differentiator

Problem solved

Functional benefit

Brands

• アイリノ (i-reno): Renovation brand focused on renovation cases, properties, and lifestyle content; operated at i-reno.jp.

Products and services

• Renovation Real Estate Business (中古住宅再生事業 / i-reno) Core real estate business in which IBI purchases used condominiums and apartments, adds value through renovation with modern designs and lifestyle features (such as Ecocarat wall tiles for deodorization, humidity control, and harmful substance removal), and resells the renovated units. The company handles the entire process from property acquisition to renovation planning, construction, sales, and after-sales service internally, marketed under the 'i-reno' (アイリノ) sub-brand. Targets singles, DINKS, and small households seeking move-in-ready renovated urban housing.
• Premium Mobility Services (モビリティ事業) Premium taxi and hire car services including airport transfers, hotel transfers, business transport, and executive transport. Operated through the Royal Limo Group's 16 subsidiaries — including Royal Limo, Z-mobility (Uber-integrated), and Japan Premium Tokyo (24/7 phone reservations for hotel and corporate clients) — using a flagship fleet of 500+ Toyota Alphard vehicles that provide spacious, comfortable premium mobility. Available to consumers via the Uber app under the 'Premium' tier and to corporate and hotel clients via direct phone reservation.
• Investment & Incubation Business (投資育成事業) Strategic investment and incubation arm that creates future-oriented assets through investments in promising business fields that bring synergy effects to the IBI Group, expanding the group's portfolio both domestically and internationally.

Quantifiable outcome

• Already deployed 500+ Toyota Alphard vehicles for premium mobility service

Segments2 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Partnerships

One partnership is on record.

• Uber（Z社を通じたパートナーシップ）coreTechnology or Integration · 1 January 2025Z社においてグローバル配車アプリ「Uber」との提携のもと、プレミアム 차량による移動サービスを価格で近いタクシー的价格帯で提供。一般ユーザーはUberアプリにて「プレミアム」を選択して利用可能。AIによるダイナミックプライシング導入。

Scale indicators6 records

Recent moves9 records

Expansion highlights6 records

Direct peers

• Daiwa Motor Transportation: Established Tokyo taxi and hire-car operator with corporate and airport transfer focus. Operates a similar fleet-based premium service model and competes with IBI's Royal Limo Group in the same Tokyo corporate/hotel channel.
• Hinomaru Limousine: Tokyo-based premium taxi and hire-car operator with a large fleet serving corporate, hotel, and airport transfer demand — directly comparable to IBI's Royal Limo Group and Japan Premium Tokyo subsidiaries in customer base, vehicle class, and service positioning.
• International Motorcars: Tokyo premium hire-car service specializing in Toyota Alphard transfers for corporate and inbound tourism customers. Direct overlap with IBI's premium mobility segment in vehicle class, customer profile, and distribution through Uber/affiliated apps.
• Kokusai Motorcars: Tokyo premium limousine and hire-car service serving inbound tourists and corporate clients with Toyota Alphard-class vehicles. Directly comparable to IBI's Z-mobility and Japan Premium Tokyo premium transfer offerings.

Broad incumbents

• Japan Taxi / GO Inc. Japan's largest taxi-hailing platform (GO app) operated by Mobility Technologies, aggregating thousands of taxi operators including premium fleets. Indirect competitor to IBI's Z-mobility Uber partnership, but at much greater scale and platform breadth.
• Nihon Kotsu: Tokyo's largest taxi operator and a founding Japan Taxi partner, with deep corporate/hotel accounts and substantial fleet scale. Comparable as an established incumbent in the same premium Tokyo hire-car market IBI's Royal Limo Group targets.

Peers

• MK Taxi:

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Instagraminstagram.com/irenoresisence

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Subsidiaries18 records

Funding overview

Funding rounds1 record

Investors1 record

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

M&A

Investments

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

Frequently asked questions about IBI