SBI Investment

Hankyu Hanshin Holdings and SBI Investment’s second corporate venture capital fund backs startups that can improve existing transport, property, entertainment, communications, travel and logistics businesses, open new technology markets or build new industries around the group’s operating region. Its remit includes R&D-led startups and companies expanding into Kansai. SBI Investment manages the fund. Jointly established and publicly announced October 1, 2026 with JPY4B in fund scale and a ten-year operating period; the current manager reports the same committed-capital amount.

Ricoh’s second corporate venture capital fund primarily backs overseas startups developing solutions for creativity, digital workplaces, digital inclusion and zero-carbon or circular economies. It builds on Ricoh’s first fund to expand international technology partnerships and new business opportunities. SBI Investment serves as general partner. Established April 6 and publicly announced April 7, 2026, with a JPY3B scale and an eight-year operating period; the current manager also reports JPY3B committed capital.

Sankyu and SBI Investment’s corporate venture capital fund invests in startups to support open innovation and Sankyu’s expansion into new businesses, including renewable energy and social infrastructure. SBI Investment manages the CVC vehicle; Sankyu is the corporate limited partner. The original July 31, 2025 announcement proposed establishment September 1, 2025 and a maximum JPY5B scale, with Sankyu subscribing 99%. The current manager reports JPY5B committed capital. The separate business-succession programme forms part of a larger JPY20B arrangement and is not this fund’s corpus.

Second corporate venture fund of Tokyu Fudosan Holdings, with SBI Investment as general partner and the real-estate group as limited partner. It invests from early through late stage in environmental technologies, digital transformation, new business models and services that improve productivity, develop regional resources and strengthen the greater Shibuya area's international competitiveness. The JPY5bn, ten-year fund was publicly announced on January 6, 2025; SBI's current table confirms the same committed capital.

Mitsui Kinzoku and SBI Investment’s second corporate venture capital fund invests in domestic and international startups in environment and energy, life sciences and electronics. It seeks to combine startup technologies and business models with Mitsui Kinzoku’s materials expertise to develop new businesses. SBI Investment manages the vehicle. Publicly announced December 2, 2024, with establishment listed as January 1, 2025 and a planned five-year investment period. The original planned scale and current manager committed-capital figure are JPY5B.

Ricoh’s first corporate venture capital fund invests in startups developing B2B digital services, with a focus on creativity, digital workplaces, digital inclusion and zero-carbon or circular-economy solutions. SBI Investment acts as general partner; Ricoh pursues partnerships and co-development to accelerate its digital-services business. Announced November 8, 2023 after establishment November 1. Ricoh originally announced a JPY5B scale; SBI’s current table reports JPY3B committed capital. These figures remain separately qualified because the change has not been reconciled.

Nikon and SBI Investment’s second corporate venture capital fund backs venture companies developing aerospace, energy, carbon-neutral technologies and other emerging services beyond Nikon’s existing business plan. SBI Investment manages the fund; Nikon seeks technology partnerships, new businesses and business synergies with portfolio companies. Jointly established and announced November 1, 2023, with an announced JPY5B scale and a planned seven-year operating period. The current manager also reports JPY5B committed capital.

Corporate venture fund jointly sponsored by MatsukiyoCocokara & Co. and SBI Investment, which operates the fund. It backs Japanese and overseas startups whose technologies can support the pharmacy and drugstore group's digital transformation, sustainable operations and long-term development of new businesses. Publicly announced on January 16, 2023, with planned formation on April 1 and JPY5bn of investments over ten years. SBI's current manager table separately confirms JPY5bn in committed capital.