DFX Intelligence

RIA Intelligence

Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.

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SEC-registered adviser

I•••••• A•••• M••••••••• •••••• L••••••

Asset manager (funds and pooled vehicles)Tokyo, CRD 107155SEC 801-52601websiteIAPD
Latest filing Mar 31, 2026
First filing on the tape Dec 21, 2011 · 39 filings
SEC status approved since Jul 1, 1996
RAUM
$76B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
116
22 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
39 filings and snapshots on the tape
RAUM$76B as of Mar 31, 2026
Jun 25, 2012$16B then
HNW client RAUM$0 as of Mar 31, 2026
Mar 28, 2018$0 then
State-registered IARs (5.B.3)0 as of Mar 31, 2026
Jun 25, 20120 then
Employees (5.A)116 as of Mar 31, 2026
Jun 5, 2013125 then
Private funds: no history
RAUM +24% over the last fiscal year+16% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Mar 31, 2026; every figure names its basis
RAUM per advisor
unknownderivedRAUM over IAPD advisors; not a book size
Clients per advisor
unknownderivedindividual and HNW clients (5.D) over advisors
Average HNW client
unknownderivedHNW RAUM over HNW clients
Average account
$400MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
7.2%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
unknownderivedItem 5.A over advisors
Advisors per office
unknownderived1 offices incl. principal (1.F.5)
RAUM growth, one year
+24%derivedbetween the last two annual amendments
Advisor growth, one year
unknownderivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assets, fixed fees, performance-basedreportedItem 5.E
Advisory activities
portfolio management for individuals, portfolio management for businesses and institutions, portfolio management for pooled vehicles, educational seminarsreportedItem 5.G
Ownership
no PE, bank or public-company owner found on Schedule Aderived
Advisor book size
not public; not estimatedreported
Also answered yes on Form ADV
  • buys or sells securities as principal to or from clients (8.A.2)
  • has discretionary authority over which securities are bought or sold (8.C.1)
  • receives research or other products from a broker-dealer, soft dollars (8.E)
  • compensates persons for client referrals (8.G.1)
  • compensates non-employees for client referrals (8.G.2)
  • marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$70B93%
  • Pension and profit-sharing plans$4.6B6.0%
  • Insurance companies$555M0.7%
  • Sovereign wealth funds$401M0.5%
  • Other investment advisers$31.9M0.0%
  • Corporations and businesses$29.3M0.0%
Individual clients
0reported
HNW clients
0reported
Pension plan clients
30reported
Charitable clients
0reported
Accounts
190reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixed, performancereported
Class basis
private_client_share=0.0 fund_share=0.93 institutional_share=0.07 related_bd=true related_bank=true bd_reps=0.0derived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
Left, latest
none on the tape
    Joined, latest
    none on the tape
      Private funds
      No private fund reported.
      Owners and control persons
      Schedule A and B, latest filing
      • H•••••••• M••••••• · Statutory Auditorcontrol
        since 04/2020 · owns less than 5%
      • M•••••• T•••••• · Directorcontrol
        since 04/2020 · owns less than 5%
      • M••••••••• T•••• · Ciocontrol
        since 06/2024 · owns less than 5%
      • M••••••••• T••••••• · Ccocontrol
        since 05/2016 · owns less than 5%
      • S•••• H••••• · Ceocontrol
        since 09/2012 · owns less than 5%
      • S••••••• J•••••• C•••••• · Directorcontrol
        since 02/2009 · owns less than 5%
      Entity owners
      • I•••••• F•• E••• L•••••• · Shareholder
        direct · owns 75% or more
      • I•••••• L•••••• · Sole Shareholder
        indirect · owns 75% or more of I•••••• H•••••• C•••••• L•••••• · public reporting company
      • I•••••• H•••••• C•••••• L•••••• · Sole Shareholder
        indirect · owns 75% or more of I•••••• F•• E••• L•••••• · public reporting company
      Related persons
      Schedule D 7.A
      Advisers that list I•••••• A•••• M••••••••• •••••• L•••••• as a related person
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      What changed
      consecutive filings, newest first
      • Accounts · 198 to 190
        May 12, 2025 to Mar 31, 2026
      • Advisory employees · 23 to 22
        May 12, 2025 to Mar 31, 2026
      • Advisory activities · 5 to 4
        May 12, 2025 to Mar 31, 2026
      • Charity clients · unset to 0.0
        May 12, 2025 to Mar 31, 2026
      • HNW clients · unset to 0.0
        May 12, 2025 to Mar 31, 2026
      • Individual clients · unset to 0.0
        May 12, 2025 to Mar 31, 2026
      • Pension plan clients · 39 to 30
        May 12, 2025 to Mar 31, 2026
      • Pooled vehicle clients · 132 to 140
        May 12, 2025 to Mar 31, 2026
      • Employees · 110 to 116
        May 12, 2025 to Mar 31, 2026
      • Discretionary RAUM · $61B to $76B
        May 12, 2025 to Mar 31, 2026
      • Non-discretionary RAUM · $57.0M to $31.9M
        May 12, 2025 to Mar 31, 2026
      • Pension RAUM · $3.1B to $4.6B
        May 12, 2025 to Mar 31, 2026
      • Pooled vehicle RAUM · $57B to $70B
        May 12, 2025 to Mar 31, 2026
      • RAUM · $62B to $76B
        May 12, 2025 to Mar 31, 2026
      • Financial planning clients · unset to
        Apr 15, 2025 to May 12, 2025
      • Accounts · 234 to 198
        Feb 3, 2025 to Apr 15, 2025
      • Advisory employees · 26 to 23
        Feb 3, 2025 to Apr 15, 2025
      • Pension plan clients · 44 to 39
        Feb 3, 2025 to Apr 15, 2025
      • Pooled vehicle clients · 125 to 132
        Feb 3, 2025 to Apr 15, 2025
      • Employees · 114 to 110
        Feb 3, 2025 to Apr 15, 2025
      • Discretionary RAUM · $56B to $61B
        Feb 3, 2025 to Apr 15, 2025
      • Non-discretionary RAUM · $215M to $57.0M
        Feb 3, 2025 to Apr 15, 2025
      • Pension RAUM · $4.9B to $3.1B
        Feb 3, 2025 to Apr 15, 2025
      • Pooled vehicle RAUM · $49B to $57B
        Feb 3, 2025 to Apr 15, 2025
      • RAUM · $57B to $62B
        Feb 3, 2025 to Apr 15, 2025
      • HQ state · unset to
        Jul 2, 2024 to Feb 3, 2025
      • Accounts · 251 to 234
        Jul 11, 2023 to Mar 28, 2024
      • Pension plan clients · 46 to 44
        Jul 11, 2023 to Mar 28, 2024
      • Pooled vehicle clients · 133 to 125
        Jul 11, 2023 to Mar 28, 2024
      • Discretionary RAUM · $49B to $56B
        Jul 11, 2023 to Mar 28, 2024
      • Non-discretionary RAUM · $229M to $215M
        Jul 11, 2023 to Mar 28, 2024
      • Pension RAUM · $6.1B to $4.9B
        Jul 11, 2023 to Mar 28, 2024
      • Pooled vehicle RAUM · $40B to $49B
        Jul 11, 2023 to Mar 28, 2024
      • RAUM · $49B to $57B
        Jul 11, 2023 to Mar 28, 2024
      • Accounts · 217 to 251
        Mar 30, 2022 to Mar 30, 2023
      • Advisory employees · 27 to 26
        Mar 30, 2022 to Mar 30, 2023
      • Charity clients · 0.0 to unset
        Mar 30, 2022 to Mar 30, 2023
      • HNW clients · 0.0 to unset
        Mar 30, 2022 to Mar 30, 2023
      • Individual clients · 0.0 to unset
        Mar 30, 2022 to Mar 30, 2023
      • Pension plan clients · 47 to 46
        Mar 30, 2022 to Mar 30, 2023
      Signals
      5 dated events
      • Daiji Ozawa (Director) no longer on Schedule A of I•••••• A•••• M••••••••• •••••• L•••••• (listed 2024-03-28, absent 2024-07-02)
        Jul 2, 2024 · Control person left · inference
      • Tadao Minaguchi (Cio) appeared on Schedule A of I•••••• A•••• M••••••••• •••••• L••••••
        Jul 2, 2024 · Control person joined · fact
      • I•••••• A•••• M••••••••• •••••• L•••••• reported RAUM $47.2B, up 36% from $34.8B (2021-06-30 to 2022-03-30)
        Mar 30, 2022 · RAUM change · derived
      • I•••••• A•••• M••••••••• •••••• L•••••• reported RAUM $34.8B, up 43% from $24.4B (2020-04-06 to 2021-03-29)
        Mar 29, 2021 · RAUM change · derived
      • Takashi Matsuo (Director) appeared on Schedule A of I•••••• A•••• M••••••••• •••••• L••••••
        Apr 6, 2020 · Control person joined · fact
      Across DFX
      shared identifiers only, never a name match
      No identifier-backed link to the venture, private equity, family office or sponsor graphs.
      How to reach
      public business contact points only, each with its source
      Website
      i••••••.comreportedpublic record, Form ADV, Sep 18, 2026
      Principal office phone
      +81-3-6447-3000reportedpublic record, Form ADV, Mar 31, 2026
      Provenance
      Form ADV
      SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
      Advisors
      IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
      Class
      Asset manager (funds and pooled vehicles)deriveda rule over Items 5.D and 7.A
      RAUM per advisor
      n/aderivedfirm RAUM over the IAPD count; not a book size
      Loaded
      Sep 14, 2026