Nisshoho

What Nisshoho does

Nisshoho Co., Ltd. (株式会社日商保) is a privately-held Japanese financial services firm founded in 2009 that operates Japan's first deposit guarantee scheme (敷金保証スキーム), a three-party guarantee mechanism replacing cash security deposits with a financial guarantee instrument. The company serves two primary segments: corporate tenants — particularly startups and growth companies relocating offices — and real estate owners seeking to reduce vacancy and improve tenant retention. Core products are 敷金半額くん (Shikikin Hangaku-kun), which reduces upfront security deposits (typically 8-12 months of rent) to half or zero at lease execution, and 敷金返還くん (Shikikin Henkan-kun), which refunds existing deposits to in-place tenants by substituting them with a Nisshoho guarantee. Both are non-loan instruments with no repayment obligation, no interest, and no balance sheet liability to the tenant. Nisshoho generates revenue through guarantee service fees (recurring per contract), brokerage commissions on office relocations, ongoing leasing and property management fees for owners, rent appraisal professional services, and SaaS-style fees for the Data Leasing System. As of 2026, the company reports having served 3,000+ companies, operates two proprietary search platforms (Growth Office for rental offices, Office Select for share offices), and maintains a headquarters in Tokyo and a branch in Fukuoka. The company is also expanding through channel partnerships with major flexible workspace operators (WeWork, JustCo, Regus, TKP, BUREX, Business-Airport) and running an active Growth Office product roadmap that includes dedicated Setup Office and Startup Office features for SMB and early-stage tenants.

Name

Nisshoho

Legal name

株式会社日商保

Website

https://jpcpg.co.jp

Company type

Private

Founded year

2009

Operating status

Operating

Headcount range

11–50 employees

Short description

Nisshoho is a Japanese financial services firm operating Japan's first deposit guarantee scheme, replacing cash security deposits with financial guarantees for corporate tenants and serving real estate owners with leasing management, property management, and AI-powered data leasing services.

Ownership category

akta.pro rank

Product category

Commercial Real Estate Finance / Deposit Guarantee Services

NAICS

Insurance Carriers (5241)

SIC

Functions Related To Depository Banking, Nec (6099)

akta.pro primary industry

Escrow, Trustee & Agency Services (Custody-Adjacent) (FSAFAHAG)

Keywords

• Deposit guarantee services
• Office brokerage
• Commercial real estate
• Property management
• Rent appraisal services

Headquarters

HQ city

Tokyo

HQ country

Japan

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. 敷金半額くん (Deposit Reduction Service): Nisshoho provides a guarantee to property owners in place of the reduced portion of the security deposit. Fees are charged to tenants for arranging the guarantee, allowing them to reduce deposits from 8-12 months of rent to half or zero at the time of office relocation or new leasing. Revenue is earned at the point of contract execution.
2. 敷金返還くん (Deposit Refund Service): For tenants already occupying premises, Nisshoho replaces the deposited amount with a guarantee, enabling the owner to return the cash deposit to the tenant. Nisshoho earns service fees from tenants for facilitating this capital release. No repayment obligation or interest is charged to the tenant; it is not a loan.
3. オフィス仲介 (Office Brokerage): Full-service office relocation support including property selection, condition negotiation, contract execution, and move execution, all premised on the deposit reduction service. Commissions are earned on successful property leasing transactions.
4. リーシングマネジメント (Leasing Management for Owners): Comprehensive leasing strategy, intermediary coordination, property PR, negotiation, and contract management for property owners. Fees are charged for ongoing leasing management services, contributing to recurring revenue from the property owner segment.
5. プロパティマネジメント (Property Management): Tenant management, building maintenance, financial management, and vendor coordination for real estate owners. Provided as an ongoing managed service with regular fees.
6. オフィス賃料査定 (Rent Appraisal): Market-based rent assessment using accumulated transaction data and market analysis to determine appropriate rent levels, offered as a consulting/service fee model to property owners.
7. データリーシングシステム (Data Leasing System): SaaS/technology platform providing AI-powered leasing analytics and tenant matching to property owners, generating subscription or platform fees.

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels5 records

Core offering

Nisshoho operates Japan's first deposit guarantee scheme (敷金保証スキーム), providing financial services that replace cash security deposits (typically 8-12 months of rent) with a Nisshoho-issued guarantee for commercial office and retail leases. The company offers deposit reduction at new lease execution, deposit refund for existing tenants, and complementary office brokerage, relocation consulting, and property management services for both tenants and property owners, supported by the proprietary Growth Office and Office Select search platforms.

Product overview

Nisshoho (株式会社日商保) offers a platform-plus-services model centered on deposit guarantee and reduction services. The core products are 敷金半額くん (deposit reduction) and 敷金返还くん (deposit refund), which replace traditional security deposits with guarantees to unlock capital for businesses. Supporting services include office brokerage, setup office introduction, relocation consulting, and real estate trading for corporate clients. For property owners, the company provides leasing management, property management, rent appraisal, and an AI-powered data leasing system. The company also operates two search platforms: Growth Office for rental offices and Office Select for share/rental offices, enabling end-to-end support for office relocation and space optimization.

Differentiator

Problem solved

Functional benefit

Brands

• 敷金半額くん (Shikikin Hangaku): Deposit reduction service that reduces office deposit requirements by up to 50-100% for companies relocating or establishing new locations.
• 敷金返还くん (Shikikin Henkan)
• Growth Office
• OFFICE SELECT

Products and services

• Shikikin Hangaku-kun (敷金半額くん) — Deposit Reduction Service Reduces security deposits at the time of office or store relocation / new store opening to up to half or zero, using Nisshoho's proprietary three-party guarantee scheme. Nisshoho provides a guarantee to the property owner for the reduced portion, while the tenant pays service fees for the deposit reduction. Used by startups through TSE Prime-listed enterprises.
• Shikikin Henkan-kun (敷金返還くん) — Deposit Refund Service Allows companies to receive cash refunds of security deposits already paid to property owners while still occupying the premises, by replacing the deposit with a Nisshoho-issued guarantee to the owner. Half to all of the deposited amount can be returned to the tenant. It is not a loan — there is no repayment obligation, no interest, and no balance-sheet liability increase. Adopted by TSE Prime-listed SHIFT in its IR materials.
• Office Brokerage (オフィス仲介) End-to-end office relocation support premised on the deposit reduction service, including property selection, condition negotiation, contract execution, and relocation execution. A dedicated consultant handles all steps, with integrated proposals linked to the Growth Office database.
• Setup Office Brokerage (セットアップオフィス仲介) Introduction service for immediately habitable offices pre-fitted with furniture, fixtures, and communication infrastructure, enabling office establishment with near-zero initial investment and flexible short-term cancellation terms. Targets startups establishing first offices and growth-phase companies needing rapid expansion.
• Office Relocation Consulting (オフィス移転コンサルティング) Comprehensive consulting from relocation strategy formulation through property selection, contract negotiation, restoration, and move execution, provided by dedicated consultants. Supports multi-location and large-scale office reorganizations.
• Real Estate Sales Brokerage (不動産売買仲介) Brokerage and consulting for buying and selling office buildings and commercial facilities, including value-up measures and early lease-up support after acquisition. Uses proprietary market data and transaction networks.
• Growth Office (オフィス検索サイト) — Rental Office Search Platform Self-service rental office search site covering Tokyo central 5 wards and nationwide properties, with filters for area, station, map, zero-deposit offices, setup offices, startup offices, and unlisted properties. Used by 3,000+ companies and integrated with Nisshoho's deposit guarantee and brokerage services.
• Leasing Management (リーシングマネジメント) Comprehensive leasing strategy, intermediary coordination, property PR, negotiation, and contract management for commercial real estate owners, leveraging market data and broker networks to minimize vacancy periods and maximize occupancy and rent levels.
• Property Management (プロパティマネジメント) Outsourced operations including tenant response, building maintenance, revenue/expenditure management, and vendor coordination for commercial real estate owners.
• Rent Appraisal (オフィス賃料査定)

Quantifiable outcome

• Deposits reduced from 8-12 months of rent to half or full reduction for relocating companies
• +5 more outcomes

Named customers9 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Seven partnerships are on record, tiered core and minor.

• WeWork Japan (WeWork天伸Brick Cross)coreChannel Partner/ Reseller/ Distributor · 1 April 2026Nisshoho's Fukuoka branch relocated to the 13th floor of WeWork Tenjin Brick Cross in Chuo-ku, Fukuoka City in May 2026. WeWork provides the physical co-working office space from which Nisshoho operates its Kyushu-region deposit guarantee and leasing services. The partnership enables Nisshoho to strengthen its service delivery across the Kyushu region while gaining visibility among WeWork's tenant community.
• JustCo (ジャストコ)minorChannel Partner/ Reseller/ DistributorJustCo D-LIFEPLACE南青山, scheduled to open in October 2026 in Minato-ku, Tokyo (near Gaienmae, Omotesando, and Aoyama-itchome stations), is listed on Nisshoho's Office Select platform. JustCo is a major Asia-Pacific flexible workspace provider offering private offices, dedicated desks, and hot desks.
• Regus / Spaces (リージャス / SPACES)minorChannel Partner/ Reseller/ DistributorRegus and its SPACES brand are listed on Nisshoho's Office Select platform. Properties include THE HUB locations (赤坂見附, 麹町, 半蔵門, 東銀座), Regus Ginza 3-chome Business Center, and SPACES Roppongi. Regus operates in 120+ countries worldwide, providing private offices, co-working, and meeting spaces.
• TKP ((包括的請負契約)minorChannel Partner/ Reseller/ DistributorTKP Group operates CrossCoop locations (青山オフィス, 六本木NEXTオフィス) listed on Office Select. TKP is a major Japanese MICE and office service provider offering high-grade rental offices with private rooms, co-working, and meeting facilities.
• BUREX (ビューレックス)minorChannel Partner/ Reseller/ DistributorBUREX麹町 location near Kojimachi and Hanzomon stations is listed on Office Select. BUREX is a rental office brand offering private rooms with meeting and lounge facilities.
• Business-Airport (ビジネスエアポート)minorChannel Partner/ Reseller/ DistributorBusiness-Airport Aoyama location, the first Business-Airport branch opened in March 2013 in the Aoyama area, is listed on Office Select. The brand targets creatives and designers in the trend-forward Aoyama district.
• OpenOffice (オープンオフィス)minorChannel Partner/ Reseller/ DistributorOpenOffice南青山 and OpenOffice五反田西口 locations are listed on Office Select. OpenOffice is a Regus-operated brand offering flexible office solutions at competitive price points.

Scale indicators5 records

Recent moves7 records

Expansion highlights5 records

Broad incumbents

• ソニー不動産 (Sony Real Estate): Japanese real estate brokerage and AI-powered property matching platform (Predictable Price Model). Comparable to Nisshoho as a Japanese real estate services company using technology to disrupt traditional brokerage, with similar target customer segment of corporates and growth companies.
• IWG (Regus): Global leader in flexible workspace (Regus, Spaces, HQ brands) operating in 120+ countries. Listed on Nisshoho's Office Select platform as a channel partner; broadly comparable as a major flexible office incumbent whose customer base overlaps with Nisshoho's deposit guarantee target segment.

Emerging players

• LIFULL: Japanese real estate portal operator (LIFULL HOME'S) with growing PropTech and fintech adjacencies. Comparable to Nisshoho as a Japanese PropTech company digitizing traditional real estate workflows, with an overlapping landlord-tenant customer base.
• JustCo: Asia-Pacific flexible workspace provider planning Tokyo expansion (JustCo D-LIFEPLACE Minami-Aoyama). Comparable to Nisshoho as a service provider addressing the same growing-company office needs in Tokyo, and listed on Nisshoho's Office Select platform.
• WeWork Japan: Premium flexible workspace operator in Japan and Nisshoho's Fukuoka branch host. Comparable as a workspace provider serving growth-stage Japanese companies — the same customer persona that Nisshoho targets with deposit reduction services.
• TKP Corporation: Major Japanese flexible office and MICE provider operating CrossCoop rental office brands. Nisshoho's existing channel partner and adjacent competitor in the office space market, with overlapping customer base of Japanese SMEs and growth companies seeking flexible offices.

Direct peers

• 日本セーフティー (Japan Safety): Japanese rent guarantee company operating in the residential segment. Comparable to Nisshoho as a Japanese guarantee business, though focused on residential rent defaults rather than commercial deposit substitution.
• Casa Inc: Tokyo-listed rent guarantee company providing lease guarantees to landlords on behalf of tenants. Most directly comparable to Nisshoho in the Japanese guarantee business, with a similar three-party guarantee structure and tenant/landlord dual-sided business model, though primarily focused on residential rather than commercial deposits.
• イントラスト (Intrust): Japanese rent guarantee company offering healthcare and residential lease guarantees. Operates the same intermediary guarantee structure as Nisshoho, assuming landlord risk in exchange for fees, with a similar landlord/tenant dual-customer model though in different end-markets.

Regional players

• 共立メンテナンス (Kyo-Ri-Maintenance): Large Japanese dormitory and real estate services company with proprietary guarantee products including share houses and corporate housing. Comparable to Nisshoho as a vertically integrated Japanese real estate services company with embedded financial guarantees, though primarily residential-focused.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

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 Nisshoho