INVESTMENT STRATEGY

A Dual-Pillar Strategy for Risk-Adjusted Returns

We deploy capital through two synergistic pillars to deliver stable returns and capital appreciation.

Pillar I: Strategic Block Acquisitions (Governance Alpha)

The Target: Orphan blocks (1-5% stakes) divested by regional banks and insurers due to policy compliance.

The Approach: We acquire these blocks at a governance-related discount. By holding these assets as a stable, friendly shareholder, we engage with management to improve capital efficiency and dividend payouts.

The Goal: Unlock value through governance improvement and orderly market exits

Pillar II: Regional SME Transformation (Succession M&A)

The Target: Profitable regional companies (Revenue ¥500M - ¥10B) with strong market positions but no succession plan.

The Approach: We act as a "Transformation Partner," acquiring majority stakes to professionalize management, implement Digital Transformation (DX), and execute bolt-on acquisitions.

The Goal: Revitalize regional champions and prepare them for exit via secondary sale or IPO.