Each of the 32 members of the GSG has a National Advisory Board working to catalyse impact investment in their country or region. Discover each one below.



Leveraging private capital for social impact

The Japanese National Advisory Board was founded with the vision to create a more socially conscious capital market in Japan by promoting impact investing and supporting related activities such as policy making, legal framework development and impact measurement.
  • Increase of


    in the total impact investment market in Japan from 2014 to 2016
  • There are


    active pay-for-success projects, including Social Impact Bonds
  • An estimated


    is channelled to social purpose organisations each year from Japan's dormant bank deposits

Key Resources

    Key People

    Board Members

    Atsumi Arima
    Executive Officer and General Manager International Business Department, Mizuho Bank, Ltd
    Takehiro Fujimura
    General Manager of the Corporate Sustainability Dept, Mitsubishi Corporation
    Masataka Fukao
    CEO, Plus Social, Inc., Chairman, Community Foundations JAPAN
    Hiroshi Komiyama
    Chairman, Mitsubishi Research Institute Inc
    Hiroshi Mikitani
    Chairman and CEO, Rakuten, Inc., Representative Director, Japan Association of New Economy
    Shuichi Ohno
    President, the Sasakawa Peace Foundation
    Ken Shibusawa
    Founding Partner and Chairman, Commons Asset Management, Inc.
    Tomoya Shiraishi
    CEO, Social Investment Partners, CEO and CIO, Phronesis Partners
    Masataka Uo
    Founder and CEO, Japan Fund Raising Association
    Junichi Yamada
    Director, Japan International Cooperation Agency
    Key People


    • Nanako Kudo
      Executive Director, Japan Social Impact Investment Foundation

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