TOPICS

Japan’s Impact Investment Asset under Management Reaches 17.3 Trillion Yen (150% Year-on-Year Increase). Publication of the “Current State and Challenges of Impact Investing in Japan—FY2024 Survey “

GSG Impact JAPAN National Partner (formerly GSG Japan NAB), for which Japan Social Innovation and Investment Foundation (SIIF) (President: Shuichi Ohno, Headquarters: Minato-ku, Tokyo, Japan) serves as secretariat, has announced the release of the “Current State and Challenges of Impact Investing in Japan—FY2024 Survey” (hereinafter referred to as “the Report”) on March 31, in both Japanese and English. Based on survey results, the Report estimates that as of March 2024 (including data points from June and September 2024), the total impact investment asset under management in Japan has reached 17.3 trillion yen. The Report also provides insights into the latest trends in Japan’s impact investment market through a comparative analysis with international markets and discusses prospects.

Key Findings from the Report

The Report reveals that Japan’s impact investment asset under management for FY2024 reached 17.3 trillion yen, marking an increase of 5.76 trillion yen (a 150% rise) from the previous year’s 11.54 trillion yen. The following factors have been identified as key contributors to this growth:


1. Expansion by Existing Impact Investment Organizations Rather than New Entrants

The impact investment asset under management of 50 organizations that responded to the survey in both FY2023 and FY2024 grew by 4.12 trillion yen (a 136% increase), accounting for approximately 72% of the total increase.

2. Significant Growth in Impact Investments by Banks and Life Insurance Companies

Of the total increase of 5.76 trillion yen, 94% was attributed to eight major banks and life insurance companies, highlighting their growing commitment to impact investing.

Trends in Domestic and International Impact Investment Markets

The Report also provides an overview of the latest developments in impact investing, both domestically and globally, including the following key events:

Global Trends

Developments in Japan

Purpose and Scope of the Report

The Report aims to shed light on current state of impact investing in Japan, providing an in-depth analysis of emerging trends and challenges in the sector. It explores key topics such as the definition of impact investing, major initiatives, and the implementation status of impact measurement and management (IMM). Furthermore, it highlights critical issues that need to be addressed for the further development of the market.

Commitment to Promoting Impact Investing

GSG Impact JAPAN National Partner and SIIF remain committed to advancing impact investing through research, advocacy, and collaboration with stakeholders. By continuing to engage with policymakers, financial institutions, and other relevant parties.

Current State and Challenges of Impact Investing in Japan—FY2024 Survey

  • Executive Summary
  • FY2024 Impact AUM in Japan and Factors behind the Growth
  • Developments in Impact Investing in Japan/Overseas during the Year
  • Chapter 1: Summary of Impact Investing and Development
  • Clarification of Impact Investing Terms
  • Major Developments in Impact Investing
  • Chapter 2:  Impact Investing Market in Japan
  • Survey Method
  • Requirements for “Impact Investing”
  • in This Report
  • Impact AUM
  • List of Impact Investing Organizations
  • Attributes of Impact Investing Organizations
  • How Investments Are Made
  •  across Impact Investing Markets
  • Policy Landscape and Challenges
  •  in Impact Investment Promotion
  • Impact Investment Promotion Policy
  •  and Issue Recognition
  • Conclusion Afterword: Editorsʼ Postscript
View List