Hogaraka Trust

What Hogaraka Trust does

Hogaraka Trust Co., Ltd. (ほがらか信託株式会社) is a Tokyo-based, privately held trust company founded in 2013 as a licensed management-type trust business (registration number 関財長（信5）第8号) under the Kanto Finance Bureau. The company designs, administers, and executes trust contracts covering testamentary trusts, family/civil trusts, real estate trusts, money management trusts for elderly clients, and family business succession trusts including the trademarked 'Family Business Trust' (ファミリービジネス信託) framework. Its core technology is a trust administration platform supported by affiliated legal, tax, judicial scrivener, and real estate professionals, with the chairman and senior managing director both being practicing lawyers.

The business operates a hybrid go-to-market combining physical retail distribution (in-store consultation counters at Takashimaya department stores in Nihonbashi, Yokohama, and Osaka) with a channel network of approximately 30 regional credit unions (shinkin banks) acting as trust contract sales agents. Following a 2020 capital and business alliance, Takashimaya Co., Ltd. and Takashimaya Financial Partners serve as trust contract sales agencies, embedding Hogaraka Trust within the Takashimaya Group's high-net-worth retail ecosystem. The company also offers a B2B 'Commercial Trust Innovation Service' providing regional financial institutions with trust expertise, training, product development support, and licensing assistance.

Revenue is generated through one-time setup fees (e.g., JPY 275K for money management trust contracts, JPY 385K for will creation support, JPY 1M for non-listed share succession trust setup, up to JPY 1.416M for Senior Comprehensive Support Center contracts), ongoing monthly management fees for active trusts, end-of-contract residual beneficiary fees, B2B service fees from financial institutions, and real estate brokerage commissions. The customer base spans HNW individuals and families, elderly clients seeking dementia and end-of-life planning, family business owner-managers requiring succession structuring, and regional financial institutions. All services are advisory- and relationship-led, with no disclosed AI/automation layer.

Name

Hogaraka Trust

Legal name

ほがらか信託株式会社

Website

https://hogaraka-trust.co.jp

Company type

Private

Founded year

2013

Operating status

Operating

Short description

Hogaraka Trust is a Tokyo-based, licensed trust company within the Takashimaya Group that designs and administers estate, business succession, elder-care, and real estate trusts for high-net-worth individuals, families, and SME owner-managers across Japan.

Ownership category

akta.pro rank

Product category

Trust Services

NAICS

Trusts, Estates, and Agency Accounts (52592), Trust, Fiduciary, and Custody Activities (523991), Funds, Trusts, and Other Financial Vehicles (525)

SIC

Finance Services (6199)

akta.pro industry

PRIMARYFSAAADAF

Estate Planning, Trust Structuring & Governance

Financial & Insurance/Asset & Wealth Management/Family Offices (Single- & Multi-Family)

SECONDARYFSAAANAA

Personal & Family Trust Services

Financial & Insurance/Asset & Wealth Management/Trust & Fiduciary Services (Trust Companies, Estate & Custody Trusts)

SECONDARYFSAEAKAF

Family Office Trust & Fiduciary Services

Financial & Insurance/Financial Advisory, Brokerage & Intermediation/Fiduciary, Trust & Estate Advisory

Keywords

• Trust services
• Estate planning
• Inheritance administration
• Business succession
• Family trust

Headquarters

HQ city

Tokyo

HQ country

Japan

HQ region

Asia

Offices4 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Trust Administration Services: Fees charged for setting up and administering various trust structures including testamentary trusts, family trusts, real estate trusts, money management trusts, and business succession trusts. Services are charged at setup and on an ongoing management fee basis.
2. Will Trust Services (遺言信托業務): Fees for will drafting support, will safekeeping, and will execution services. Example pricing: Will creation support from 385,000 JPY (standard course); Will execution from 660,000 JPY minimum (standard course).
3. Estate Settlement (遺産整理業務): Fees for estate investigation, preparation of estate inventory, assistance with inheritance partition agreements, and execution of inheritance procedures including bank institution coordination.
4. Consulting Services: Fees for business succession consulting, asset inheritance consulting, civil trust consulting, and real estate disposition advisory.
5. Real Estate Services: Fees for real estate disposition support and real estate management trust services. Includes brokerage intermediary services for selling inherited or excess real estate.
6. Commercial Trust Innovation Service (to financial institutions): Fees from regional financial institutions for trust know-how provision, professional training, product/service development support, and licensing assistance under the B2B service model.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels4 records

Core offering

Hogaraka Trust (ほがらか信託株式会社) provides trust-based asset and estate administration services to individuals, families, and family-owned businesses in Japan. Its core offerings include will trusts, estate settlement, inheritance tax filing, family/civil trusts, company stock succession trusts, money management trusts, and real estate management trusts. It also operates a Commercial Trust Innovation Service that lets regional banks, shinkin, and credit unions outsource commercial trust operations.

Product overview

Hogaraka Trust operates as a trust company within the Takashimaya Group, offering a comprehensive suite of trust and estate planning services. The core product portfolio centers on will trust services (遺言信托業務) for will drafting, safekeeping, and execution, combined with estate settlement services (遺産整理業務). The company provides specialized family business succession trusts (ファミリービジネス信托) as a registered trademark offering, including company stock succession trusts (自社株承襲信托) with voting rights retention structures. Family trust services (家族の信托) enable civil trust arrangements with family members as trustees. For elderly clients, the company offers money management trusts (金銭管理信托), voluntary guardianship contract support (任意監護契約支援), and post-retirement support services (老後安心サポート) including referrals to the Senior General Support Center. Real estate services encompass sales (不動産売却) and real estate management trusts (不動産管理信托). The company also serves regional financial institutions through its Commercial Trust Innovation Service (商事信托イノベーションサービス). All services leverage partnerships with affiliated lawyers, tax accountants, judicial scriveners, and real estate companies to provide integrated legal, tax, and financial solutions.

Differentiator

Problem solved

Functional benefit

Brands

• ファミリービジネス信託 (Family Business Trust): A registered trademark of Hogaraka Trust for trust services that align stock ownership, business (management), and family members for smooth succession and development.

Products and services

• Will Trust (遺言信託)
• Estate Settlement Service (遺産整理業務)
• Family Trust / Civil Trust (家族信託・民事信託)
• Family Business Trust (事業承継信託)
• Company Stock Succession Trust (自社株承継信託)
• Money Management Trust (財産管理信託)
• Post-retirement / Living Support Trust (老後の生活支援)
• Voluntary Guardianship Contract Support (任意後見契約支援)
• Real Estate Management Trust (不動産管理信託)
• Real Estate Sales (不動産売買)
• Commercial Trust Innovation Service (商工信託機能提供サービス)

Quantifiable outcome

• Provides end-to-end will execution services from drafting through estate settlement
• +1 more outcomes

Named customers8 records

Segments5 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

31 partnerships are on record, tiered core and minor.

• Takashimaya (株式会社高島屋)coreGTM or Marketing Partner · 1 January 2020Takashimaya, the parent department store group, has a capital and business partnership with Hogaraka Trust since 2020. Takashimaya serves as a trust contract sales agent and provides physical retail space for in-store consultation counters. The partnership gives Hogaraka Trust access to Takashimaya's high-net-worth customer base and retail footprint.
• Takashimaya Financial Partners (高島屋ファイナンシャル・パートナーズ株式会社)coreChannel Partner/ Reseller/ Distributor · 1 January 2020Takashimaya Financial Partners, a subsidiary of Takashimaya, acts as a trust contract sales agent for Hogaraka Trust, providing trust product distribution through the Takashimaya financial counter network.
• Kawaguchi Shinkin Bank (川口信用金庫)minorChannel Partner/ Reseller/ DistributorRegional credit union acting as a trust contract sales agent for Hogaraka Trust, intermediating trust products to its local customer base in Kawaguchi.
• Sugamo Shinkin Bank (巣鴨信用金庫)minorChannel Partner/ Reseller/ DistributorRegional credit union acting as a trust contract sales agent for Hogaraka Trust, serving customers in the Sugamo area of Tokyo.
• Setagaya Shinkin Bank (世田谷信用金庫)minorChannel Partner/ Reseller/ DistributorRegional credit union acting as a trust contract sales agent for Hogaraka Trust.
• Seibu Shinkin Bank (西武信用金庫)minorChannel Partner/ Reseller/ DistributorRegional credit union acting as a trust contract sales agent for Hogaraka Trust.
• Kawasaki Shinkin Bank (川崎信用金庫)minorChannel Partner/ Reseller/ DistributorRegional credit union acting as a trust contract sales agent for Hogaraka Trust, serving Kawasaki area.
• Tokyo Higashi Shinkin Bank (東京東信用金庫)minorChannel Partner/ Reseller/ DistributorRegional credit union acting as a trust contract sales agent for Hogaraka Trust.
• Tokyo City Shinkin Bank (東京シティ信用金庫)minorChannel Partner/ Reseller/ DistributorRegional credit union acting as a trust contract sales agent for Hogaraka Trust.
• Shinkin Chuo Bank (信金中央金庫)minorChannel Partner/ Reseller/ DistributorCentral shinkin bank acting as a trust contract sales agent for Hogaraka Trust.
• Saikyo Shinkin Bank (西京信用金庫)minorChannel Partner/ Reseller/ DistributorRegional credit union acting as a trust contract sales agent for Hogaraka Trust.
• Hamamatsu Iwata Shinkin Bank (浜松いわた信用金庫)minorChannel Partner/ Reseller/ DistributorRegional credit union acting as a trust contract sales agent for Hogaraka Trust in the Hamamatsu region.
• Showa Shinkin Bank (昭和信用金庫)minorChannel Partner/ Reseller/ DistributorRegional credit union acting as a trust contract sales agent for Hogaraka Trust.
• Aichi Shinkin Bank (愛知信用金庫)minorChannel Partner/ Reseller/ DistributorRegional credit union acting as a trust contract sales agent for Hogaraka Trust in Aichi prefecture.
• Adachi Seiwa Shinkin Bank (足立成和信用金庫)minorChannel Partner/ Reseller/ DistributorRegional credit union acting as a trust contract sales agent for Hogaraka Trust in Adachi ward, Tokyo.
• Toei Shinkin Bank (東栄信用金庫)minorChannel Partner/ Reseller/ DistributorRegional credit union acting as a trust contract sales agent for Hogaraka Trust.
• Jonan Shinkin Bank (城南信用金庫)minorChannel Partner/ Reseller/ DistributorRegional credit union acting as a trust contract sales agent for Hogaraka Trust in the Jonan area of Tokyo.
• Kameari Shinkin Bank (亀有信用金庫)minorChannel Partner/ Reseller/ DistributorRegional credit union acting as a trust contract sales agent for Hogaraka Trust in Kameari area.
• Hiratsuka Shinkin Bank (平塚信用金庫)minorChannel Partner/ Reseller/ DistributorRegional credit union acting as a trust contract sales agent for Hogaraka Trust in Hiratsuka.
• Yokohama Shinkin Bank (横浜信用金庫)minorChannel Partner/ Reseller/ DistributorRegional credit union acting as a trust contract sales agent for Hogaraka Trust in Yokohama.
• Mishima Shinkin Bank (三島信用金庫)minorChannel Partner/ Reseller/ DistributorRegional credit union acting as a trust contract sales agent for Hogaraka Trust in Mishima.
• Sagami Shinkin Bank (さがみ信用金庫)minorChannel Partner/ Reseller/ DistributorRegional credit union acting as a trust contract sales agent for Hogaraka Trust.
• Ashikaga Bank (足利銀行)minorChannel Partner/ Reseller/ DistributorRegional bank acting as a trust contract sales agent for Hogaraka Trust.
• Tokyo Sankyu Shinkin Bank (東京三協信用金庫)minorChannel Partner/ Reseller/ DistributorRegional credit union acting as a trust contract sales agent for Hogaraka Trust.
• Nakamura Law Office / Nakamura Sogo Law Office (弁護士法人中村綜合律师事务所)coreStrategic or Co-development PartnerThe parent law firm of Hogaraka Trust, providing in-house legal expertise. The CEO of Hogaraka Trust is a partner lawyer at this firm. The firm provides legal counsel for trust structures, will drafting, inheritance disputes, and coordinates with affiliated tax and accounting professionals.
• Family Business Research Association (ファミリービジネス研究会)minorStrategic or Co-development PartnerA professional association focused on family business research and support, with which Hogaraka Trust is affiliated as a related organization.
• Family Business Support Organization (ファミリービジネス支援機構)minorStrategic or Co-development PartnerAn organization providing support for family business succession and governance. The representative director of this organization also serves as Vice President of Hogaraka Trust.
• Japan Trust Association (、一般社團法人信託協会)minorOthersHogaraka Trust is a member of the Japan Trust Association (、一般社團法人信托协会), the industry's self-regulatory body. The association operates a Trust Consultation Desk for customer complaints and an Arbitration Committee for dispute resolution.
• Value Advisors (バリューアドバイザーズ)minorStrategic or Co-development PartnerListed as a partner/organization in the Hogaraka Trust network, providing advisory services.
• Commons Japan (コモンズジャパン)minorStrategic or Co-development PartnerListed as a partner/organization in the Hogaraka Trust professional network.
• Senior Comprehensive Support Center (公益社団法人シニア綜合サポートセンター)coreImplementation/ SI/ Consulting PartnerHogaraka Trust refers clients to the Senior Comprehensive Support Center for comprehensive elder life services including identity guarantee (hospitalization/facility admission), daily living support, and post-death affairs management. Hogaraka Trust provides money management trust services in conjunction with these referrals.

Scale indicators2 records

Recent moves5 records

Expansion highlights5 records

Broad incumbents

• Mitsubishi UFJ Trust and Banking Corporation: Japan's largest trust bank providing estate planning, will trusts, asset succession, and real estate trust services at massive scale. Comparable as it competes in Hogaraka's core estate/succession space but serves a far broader customer base through nationwide branch networks.
• Sumitomo Mitsui Trust Bank: One of Japan's major trust banks offering comprehensive inheritance, asset succession, and real estate trust services. Competes with Hogaraka in the same estate/succession domain but at much larger scale and broader geographic footprint.
• Mizuho Trust & Banking: Major Japanese trust bank offering estate management, will trust execution, and asset succession services. Directly comparable to Hogaraka's core services but with a significantly larger trust asset base and institutional client reach.
• Resona Bank (Trust Banking): Resona Group's trust banking arm provides inheritance-related trust services to retail customers across Japan. Comparable as a regional-bank-affiliated trust service provider, though with broader geographic coverage than Hogaraka.
• AEON Bank (Trust Services): Retail banking arm of AEON Group offering inheritance and trust-related services to mass-affluent customers. Comparable as it distributes trust products through a non-trust-bank retail platform, similar in concept to Takashimaya-affiliated distribution.

Direct peers

• Japan Trust Bank (日本トラスト): Japanese trust company offering asset management, inheritance, and real estate trust services. Comparable in scale and target market to Hogaraka Trust, focused on Japanese individual/family wealth planning.
• Mirai Trust (みらい信託): A Japanese trust company focused on real estate trust and inheritance-related services for individuals and families. Closely comparable to Hogaraka Trust in size, scope (real estate and civil trusts), and target customer profile (HNW individuals and families).

Others

• Nakamura Sogo Law Office (parent firm): The parent law firm of Hogaraka Trust, providing legal services and referral pipeline. Comparable as a closely-related service provider in the same inheritance/succession space, though operating under a legal services (rather than trust company) regulatory framework.

Emerging players

• Nippon Wealth Management (日本ウェルス・マネジメント): Japan-focused wealth management firm providing inheritance, business succession, and asset advisory services. Comparable to Hogaraka's elder/succession advisory offerings, with overlap in HNW individual target segment.
• SBI Sumishin Net Bank (Trust Services): Digital-first banking group offering inheritance-related trust services. Comparable as a Japanese trust service provider, but differentiates via digital distribution versus Hogaraka's physical-counter and partner-bank model.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 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 Hogaraka Trust