Loadstar Capital is a real estate investment (PropTech) company founded in 2012. We are currently listed in Tokyo Stock Exchange Prime market.
Three core pillars mainly consist of our businesses: 

• the Corporate Funding Business, in which we acquire, manage, and sell real estate using our own capital; 
• the Asset Management Business, which provides investment services for institutional investors; and 
• the Crowdfunding Business (OwnersBook), which enables individuals to invest in real estate from as little as ¥10,000.

 

• Corporate Funding: Investing our own funds in real estate, generating revenue from rental income and sales gains.
• Asset Management: Providing real estate investment services from end-to-end, i.e., acquisition, management, and disposition, to institutional investors in Japan and abroad, with fee-based revenue.
• Crowdfunding: Through “OwnersBook”, individual investors can participate in high-quality real estate deals; our revenue comes from borrower-side fees only. Further, We are able to utilize OwnersBook as our financing method.

 

We have created strong synergies by integrating these three businesses.

 

We focus on mid-sized office buildings in Tokyo’s 23 wards. Furthermore, we have expanded our targets to include hotels, logistics facilities, and residential assets in response to market trends.

→More about our properties

 

The investment structure, the scale of the target real estate, and the revenue model  are fundamentally different between our Corporate Funding and Asset Management businesses.

 

• Corporate Funding: We primarily invest our own capital in mid-sized properties in central Tokyo. Revenue comes from rental income and property sales.
• Asset Management: We manage capital entrusted by institutional investors, investing in medium to large-scale properties located on major cities in Japan. Revenue comes from management fees.

 

Our key strengths are deep knowledge and abundant investment experience to Tokyo real estate, a compact but highly skilled team, agile decision-making, and our own unique financing method through crowdfunding.
This enables us to build good relationships with financial institutions and institutional investors, while allowing for flexible and agile management.

 

We aim to expand all three of our core businesses while steadily building a solid operating foundation through the accumulation of self-owned real estate and gaining stable rental income. At the same time, we maintain financial discipline and diversify our funding sources to mitigate business risks inherent in the real estate investment market. As a Prime Market-listed company, Loadstar Capital pursues balanced growth, carefully managing both offensive and defensive strategies.

 

In our Corporate Funding Business, we aim to make well-timed investments by accurately capturing growth opportunities and flexibly responding to market conditions while maintaining disciplined risk control.
For example, in the first half of 2020, during the market dislocation caused by the COVID-19 pandemic, we acquired a number of high-quality properties. In 2022, anticipating the recovery of human mobility, we invested in a hotel specializing in accommodation.
In 2025, we plan to actively invest in office properties in Tokyo.

 

Our risk management approach in the Corporate Funding Business isas below.

1. Property Selection: We primarily invest in highly liquid properties located in Tokyo, one of the world’s leading global cities, where we excel the most.
2. Long-term borrowing: To build a stable financial foundation, we secure long-term debt—typically with durations of 10 years or more for the majority of our assets.
3. Diversification of funding sources: In addition to bank loans, we also utilize our crowdfunding service “OwnersBook” as an alternative source of capital.

 

By combining these strategies, we maintain a resilient business structure that can withstand cyclical changes in the real estate market.

 

The real estate investment market is influenced by several external factors, including interest rate trends, domestic lending conditions, and the investment stance of overseas real estate funds.
We have established strong relationships with more than ten domestic financial institutions, based on consistent transactions and close communication.
In addition, we maintain ongoing dialogue with overseas real estate funds, enabling us to monitor the latest market trends and manage business performance volatility risk.

 

Since our founding in 2012, we have delivered consistent top-line and bottom-line growth for 12 consecutive years.
In FY2024, Net sales reached approx. ¥34.4 billion and Ordinary profit approx. ¥10.6 billion, driven by solid earnings from our three core businesses.

 

The Loadstar Group aims to continuous growth.
Under our Medium-Term Management Plan (2025–2027), we show our plan to sustainably enhance corporate value by actively pursuing growth investments, while reducing earnings volatility and maintaining sound financial health.
→See our Medium-Term Management Plan

 

As of the fiscal year ending December 2024, Loadstar Capital’s equity ratio stood at 23.4% on a book-value basis, and 37.3% when unrealized gains on properties are taken into account.
Under our current Medium-Term Management Plan (2025–2027), we aim to maintain an equity ratio in the range of 25% to 30% on a book-value basis, striking a balance between financial stability and capital efficiency.
→See our Medium-Term Management Plan

 

We strive to enhance corporate value and shareholder returns through business growth, and aim to provide shareholder distributions in line with sustainable performance growth.
Under our Medium-Term Management Plan (2025–2027), we are targeting a dividend payout ratio of 18% or higher, with the intention of maintaining stable dividends over time.
→See our Medium-Term Management Plan

 

Since listed in 2017, we have increased dividends for 7 consecutive years, from ¥11.0 per share in the first year to ¥70.0 per share in FY2024. We will continue to aim for a dividend payout ratio of 18% or higher and aim to achieve consecutive dividend increases for 10 terms.

 

We have introduced a shareholder benefit program regarding our real estate crowdfunding platform, “OwnersBook”, as a token of our appreciation for shareholders’ continued support and to provide more people with the opportunity to better understand our business.

 

As of end-FY2024, institutional ownership, especially domestic, has increased alongside our market cap. Individual shareholders account for around 30%.
→See the composition of shareholders as of December 2024

 

We look for individuals who combine expertise and integrity with initiative.
We welcome professionals in real estate, finance, IT, legal, and accounting who are team-oriented and pursue growth proactively.

 

We value initiative, speed, and close communication across all levels. While we emphasize logic and efficiency, we also welcome serendipity and flexibility to venture into new fields".
→See our culture page

 

Our company consists of 100% mid-career hires, and the average age of our executives and employees is 41 years old. Although most of our employees are professionals in their 30s and 40s with a wealth of practical experience, in recent years we have also been actively recruiting young people in their 20s who have both the basic skills and the desire to grow.
We have created an environment in which members from diverse industries such as real estate, finance, and IT can maximize their experience and ambition.

 

Rather than fixed paths, we empower individuals to deepen their expertise and to broaden their responsibilities. Also we support qualification acquisition and growth through real-world challenges.

 

We adopt a flexible performance-based evaluation that reflects both short-term achievements and long-term contributions. Promotion and compensation are based on holistic performance, not seniority.
→CEO message

 

At Loadstar Group, we value diversity and promote flexible workstyles.
We are committed to creating an working environment where individuals can leverage their unique strengths, regardless of gender, age, or nationality.
By implementing initiatives such as staggered work hours, we aim to support both employee well-being and strong performance.
→See the support system for the success of executives and employees

 

“OwnersBook” is Japan’s first real estate-focused crowdfunding platform, allowing individual investors to participate in carefully selected, institutional-grade real estate deals starting from ¥10,000.
It is operated by Loadstar Investments, a wholly owned subsidiary of us.
By lowering the traditional barriers to real estate investing, “OwnersBook” provides an accessible, yen-denominated asset management service that offers stable returns and has attracted growing attention from a wide range of investors.
→Visit “OwnersBook”

 

“OwnersBook” offers two types of investment products: "Loan-Type" and "Equity-Type".

• Loan-Type: Funds are lent to companies in need of capital, and investors receive interest income as distributions. This option is considered medium-risk, medium-return, with an average annual yield (IRR) of around 3–5%.
• Equity-Type: Investors provide capital to acquire real estate trust beneficiary rights or similar assets, receiving rental income and capital gains as returns. This option involves higher risk and potentially higher returns than the loan-type. Risk/return is higher than the loan type.

→See details here

 

Since its launch in 2014, “OwnersBook” has achieved steady growth, with cumulative investments exceeding ¥63 billion across more than 370 deals as of June 2025.
To date, only one case of delayed repayment, a hotel development site in Osaka impacted by the COVID-19 pandemic, has occurred . Even in that case, the final realized annualized return (IRR) was approximately 3.4%.
Throughout challenging market conditions, “OwnersBook” has maintained a track record of zero principal loss by leveraging the expertise of our experienced team.
This high level of reliability and performance continues to earn the trust and support of individual investors.
→See the operational track record

 

OwnersBook bridges individual investors with institutional-grade real estate, contributes to the asset management of individual investors and market stability, and supports our funding and branding strategies. It’s a socially and strategically sustainable business.
→Learn more

 

One of the key features of “OwnersBook” is that it operates under strict compliance with Japan’s Financial Instruments and Exchange Act.
“OwnersBook” adopts a model in which real estate projects are objectively screened by us and then offered to investors.
This approach creates a “win-win-win” structure for all three parties involved:

• Borrowers benefit from diversified funding options
• Investors gain access to institutional-grade real estate deals
• The Loadstar Group generates fee-based revenue

“OwnersBook” employs risk management frameworks for its loan-type offerings as below:

• Rigorous Due Diligence: We evaluate risk from two perspectives: the creditworthiness of the borrowing company and the value of the real estate.
• Secured by Real Estate Collateral: All loans are secured by real estate assets. In the event of borrower default, the collateral may be liquidated to recover investor principal. Furthermore, loan-to-value (LTV) ratios are capped at 80%, mitigating the downside risk from market fluctuations.
• Transparent Disclosure: Detailed information, such as collateral specifications, appraised value, borrower profile, and financial metrics, is  disclosed exclusively to OwnersBook members.
• Segregated Trust Structure: Funds deposited by investors are entrusted to a financial institution engaged in trust operations and managed separately. Even if the operating company goes bankrupt, the funds are protected from such event.

 

Yes. “OwnersBook” is designed to be suitable even for beginner investors by offering the following features.

 

• Minimum investment from just ¥10,000 per unit
• No active management required after investment—funds are held until maturity
• No daily price fluctuations
• No fees other than standard bank transfer fees
• Loan-type investments are yen-denominated and not exposed to currency risk

Many offerings target an expected annual return (IRR) of around 5%, making the platform attractive to investors of all ages.