This article introduces recently IPO-listed companies in Japan while highlighting key challenges, business opportunities, industry trends, and unique business models in the Japanese market.
ISHIN, headquartered in Tokyo, Japan, operates a diversified business portfolio aimed at driving innovation and collaboration between the public and private sectors. With a mission to “Empower visionary entrepreneurs to accelerate social evolution through differentiated businesses,” the company plays a pivotal role in promoting government-corporate co-creation, global innovation, and branding for high-growth ventures.
Through its three core business segments, “Public-Private Co-Creation”, “Global Innovation”, and “Media PR”, ISHIN provides a range of services including BtoG marketing support, innovation-focused content platforms, and corporate branding and recruitment marketing via its proprietary media brands. Notable offerings include the BtoG Platform, innovation event New Japan Summit, and startup media Venture Tsushin.
In FY2024, ISHIN recorded revenue of ¥1.28 billion and net income of ¥126 million, achieving double-digit growth in both top-line and bottom-line figures. The company successfully listed on the Tokyo Stock Exchange Growth Market in March 2024, boosting its capital base and enhancing visibility in the innovation ecosystem.
Looking ahead to FY2025, ISHIN plans to scale its Public-Private Co-Creation business—fueled by strong demand for government DX and BtoG solutions—while maintaining high profitability in its Global Innovation and Media PR businesses. With a strategic focus on expanding contracts, upgrading service offerings, and enhancing cross-sector collaboration, the company is positioning itself as a leader in Japan’s public-private innovation infrastructure.
| Company Name | Ishin Corporation |
| Headquarters | 28-7, Shinjuku 6-chome, Shinjuku-ku, Tokyo |
| Website | https://ishin1853.co.jp/ |
| Year of Establishment | 2005/4/1 |
| Listing Date | 2024/3/25 |
| Industry | Service industry |
| Business Overview | •Corporate marketing support business for municipalities •Global open innovation support business for major Japanese companies •Branding and recruitment support business for growing companies |
| Representative (CEO) | Satoshi Kataoka |
| Number of Employees | 85 (as of 2024/1/31) |
| Stock Exchange | Tokyo Stock Exchange Growth |
| Auditor | PwC Japan |
| Lead Underwriter | Mizuho Securities |
| Market capitalization (at opening price) | 4,111 million yen |
| PER (at opening price) | 42.67 |
| Major shareholders (Top 3) | •Bright Stone Corporation (44.76%) •Tomoyoshi Akashi(37.07%) •Michio Matsuura (4.24%) |
This document has been prepared based on information available at the time of the research. While we strive for accuracy, we do not guarantee the completeness or correctness of the information provided. This document is for informational purposes only and does not constitute investment advice or a recommendation. Readers are encouraged to conduct their own verification and due diligence before making any decisions.
Source: Tokyo IPO, Official Website, Yahoo! Finance
