Fund Report ── First case

Disability group homes.

First, we build the proof ourselves. Run in-house by subsidiary Rising Star — social-impact real estate with stable returns.

01 / WHY

Solve two waits at once.

福祉

Group homes for people with severe disabilities are chronically scarce — while welfare care workers remain underpaid.

We solve both at once. With a structure where vacancy is rare and occupancy holds, we secure investor yield while paying operating partners fairly — social good and stable returns together.

02 / FINANCIALS

What one home earns a month.

1 home, 7 seats, full occupancy — reference only.

+ Revenue ≈304
Welfare subsidy約244
Care premium約31
Tenant rent (×7)約29
Cost ≈179
Supervisor / manager約33
Floor staff約97
Insurance / utilities約13
Rent約36
Monthly revenue
約304
Welfare subsidy based
Monthly net
約134
Per home
支援
Supporter (B)
約40万/mo
30% · ~20mo payback
A
Owner (us)
Rent ≈¥364K/mo
B
Supporter
30% ≈¥400K/mo
C
Operator
70% ≈¥940K/mo
03 / RISK

Why it's low risk.

RISK 01

Revenue rooted in state subsidy

Paid by public bodies — near-zero default.

≈0 default
RISK 02

Young residents, long stays

Lower turnover than elder care; many on waitlists.

Min. vacancy
RISK 03

Refilled in 1–2 months

Chronically scarce; referrals come fast.

≈0 acquisition
RISK 04

Loan-friendly, low equity

Startup loans cover most of the ¥7–8M setup.

Low equity entry
循環

Money, circulating.

Catering, daily-goods and transport vendors join as investors. Even residents' families take part — so money and heart circulate within the community.

5 homes in Kanto by 2026
Atsugi
2026.08
Confirmed
Yokohama
2026.08
Confirmed
Hachioji
2026.10
In talks
Sagamihara
Aut–Win
Exploring
Additional
in 2026
Exploring

After 5 homes, group monthly net ≈¥6.7M.

04 / FUTURE

Toward a public fund.

From this base, we grow a social-impact fund under the FTBA.

STEP 1
Family small-lots

Secure a safe home for one's child, and earn a return.

STEP 2
Scale via supporters

Raise ¥500M–¥1B under FTBA, beyond own capital.

STEP 3
Across industries

Generalise «property × operations» to F&B, beauty, etc.

From investor,to supporter.

Real estate × Investors × Operating partners. Let's design a new investment together.