Industrial Growth Platform,Inc.(IGPI)

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Kazuhiko Toyama

Partner
CEO
Kazuhiko Toyama has started his career with BCG and later became one of the founding members of Corporate Directions, Inc. (CDI), a Tokyo-based independent management consulting firm, eventually becoming its CEO. In 2003, he was appointed to lead Industrial Revitalization Corporation of Japan (IRCJ), a government-backed restructuring fund, as COO. In 2007, when IRCJ was dissolved, he founded Industrial Growth Platform, Inc. (IGPI), which he currently runs as its CEO. He graduated from Faculty of Law of the University of Tokyo and holds an MBA from Stanford University. He has passed the Japanese National Bar Examination.
Vice Chairperson of KEIZAI DOYUKAI (Japan Association of Corporate Executives), Expert member of Council on Economic Fiscal Policy (MOF), Member of The Tax Commission (CAO), Member of Committee for National University Corporation Evaluation, Department of Innovation Program (MEXT). Outside director of OMRON Corporation and Pia Corporation. Outside corporate auditor of NEXCO Central.
Kazuhiko Toyama

Tetsuya Hishida

Partner
Tetsuya Hishida is one of the founding members of IGPI. He has extensive experience in energy-related issues and has served as member of various local government task force and committees. After working for Arthur Andersen (KPMG), he founded Gem Associates, where he currently serves as representative director. He is also an outside director of Only Corporation. He assumed a Director position at the same time as establishing IGPI.
He graduated from Tokyo University, Faculty of Law.
Tetsuya Hishida

Yasuo Horikoshi

Partner
Managing Director

Yasuo Horikoshi focuses on management support and sales & marketing strategy primarily for technology-related start-up companies. He is currently a director of Intellectual Property Strategy Network, Inc. (IPSN). Prior to IGPI, he was a Managing Director at IRCJ, where he led the Tochigi Leather turnaround. He also worked for JAFCO (Mainly in London)., where he engaged in buyouts, bio and IT venture investments, and IPOs. He also took part in the buyout investment team at Bridgepoin (Mainly in London) and was in the M&A division at Tokyo Mitsubishi Bank.
He graduated from London Business School.

Yasuo Horikoshi

Sow Ikeda

Partner
Managing Director
Sow Ikeda has been active in numerous business turnaround cases, which include business restructuring planning for a major airline company and an energy company, turnaround initiatives of a department store chain using the Business Revitalizations ADR, and management improvement for retail and restaurant chains. He was Senior Policy Researcher at the former Preparatory Office for the Enterprise Turnaround Initiative Corporation of Japan and Executive Officer of the former Nuclear Damage Liability Facilitation Fund. Prior to IGPI, he worked for Bank of Japan, where he was responsible for financial institutions monitoring. He later joined IRCJ and led its corporate planning office as well as handled five turnaround projects, including Kanebo.
He graduated from Waseda University, School of Law.
Sow Ikeda

Takayoshi Kawakami

Partner
Managing Director
Takayoshi Kawakami focuses on strategy formulation and implementation as well as organizational reform and new business development. His main industrial coverage includes the media, information technologies and manufacturing. His prior experience includes sales in a leading trading house and labor union management as Vice Secretary-General. In addition, he was with General Electric where he engaged in sales, marketing, six sigma, and business development.
He graduated from Ritsumeikan University, College of Law.
Takayoshi Kawakami

Naonori Kimura

Partner
Managing Director
Naonori Kimura’s activities include numerous advisory services such as corporate strategies including breakthroughs, strategy shifts and re-growth initiatives. He has advised clients on business management streamlining, structural reforms, financial strategy, new business development, M&A strategies, and cost competitiveness. Prior to IGPI, he launched a venture business, worked with NCR Japan and later at Towers Perrin and Arthur D. Little Japan.
He graduated from Keio University, School of Economics, and holds an MBA from University of Leicester and an MS in Finance from the Lancaster University.
Naonori Kimura

Hisataka Kodama

Partner
Managing Director
Prior to joining IGPI as a founding member, Hisataka Kodama worked for PricewaterhouseCoopers in Tokyo and in London, where he focused on business recovery and M&A advisory services. He left IGPI to be involved in establishing Nuclear Damage Liability Facilitation Fund of Japan (NDF), where he was responsible for special business plan development and its progress monitoring. After rejoining IGPI, his role includes, but is not limited to, strategy development, business turnarounds, and M&A advisory.
Mr. Kodama, a Japanese Certified Public Accountant, holds a Bachelor of Commerce from Keio University and completed London Business School CFP. Advisor to the Nuclear Damage Liability Facilitation Fund of Japan (NDF).
Shigeru Kusuhara

Shigeru Kusuhara

Partner
CFO
While Arthur Andersen (now KPMG), Mr. Kusuhara gained experience in a number of advisory businesses, including organizational restructuring, the M&A advisory business, and the organization and operation of large real estate funds, corporate revitalization funds and other collective investment schemes. After taking up domestic corporate revitalization funds, Mr. Kusuhara was involved in the establishment and operation of a number of funds related to the corporate revitalization business. Later he became president of a group company. After joining IGPI, he was involved in management of the firm’s overall operations and client cases related to corporate restructuring, business succession issues and capital management.
He has a Bachelor of Science in Mathematics from Tokyo University of Science and is a certified public tax accountant.
Shigeru Kusuhara

Jun Matsumoto

Partner
Managing Director
Jun Matsumoto has specialized in transportation and tourism industries at IGPI and has led various business growth and turnaround projects. He is the President and Representative Director of Michinori Holdings, Inc., Northern Iwate Transportation, Inc., and The Park Hotel Jodogahama. He is also the Chairman and Representative Director of Fukushima Transportation, Inc., Ibaraki Transportation Co., Ltd., Kantou Jidousya Co., Ltd. and AizuBus Co., Ltd. He was previously Managing Director at IRCJ, where he led turnaround projects at Kyushu Industrial Transportation, Kantou Jidosya, Aviva and Tsumatubishi. Prior to joining IRCJ, he worked for Japan Leasing and served as general manager. He also managed investment activities at GMAC Japan.
He graduated from Sophia University, Faculty of Law.
Jun Matsumoto

Takashi Muraoka

Partner
Managing Director
Takashi Muraoka has led numerous cases on business revitalization as well as M&A and growth strategy formulation and implementation in China and other Asian markets. He is the President of IGPI (Shanghai) Ltd., Senior Adviser of Financial Services Agency and Outside director of Cool Japan Fund Inc. He was Managing Director at IRCJ and led turnaround cases such as Mitsui Mining, Misawa Homes, Sankei and Daiei. Prior to IRCJ, he dealt with M&A and project finance transactions at Sanwa Bank (currently The Bank of Tokyo-Mitsubishi UFJ, Ltd.) and covered the telecom industry at Morgan Stanley.
He holds an MBA degree from UCLA.
Takashi Muraoka

Shinichiro Okada

Partner
Managing Director
Shin Okada is a leading professional in IGPI’s infrastructure-related business, with the extensive experience as an engineer, investment professional and turn-around manager from government highway agency (NEXCO), Mitsubishi Trust and Banking Corporation of New York, Accenture, and Macquarie Capital Securities. He currently serves as Senior Advisor at Japan PFI/PPP Association and as Executive Officer at New Kansai International Airport Company.
He holds an MBA from Columbia Business School (Fulbright Scholar), which included an MBA exchange to Rotterdam School of Management, and BS & MS degrees (Civil Engineering) from Kyoto University.
Shinichiro Okada

Takeshi Saito

Partner
Managing Director
Takeshi Saito has extensive industrial coverage, which includes manufacturing, IT and telecommunications, as well as the service sector. He is currently a member of a working committee in the Ministry of Education, Culture, Sports, Science and Technology. He also serves as a faculty at the Institute for Strategic Leadership. He was a Managing Director at IRCJ and directed such cases as OCC, Ogura, and Phenix and also served as a managing director of Kanebo. Prior to IRCJ, he was with CDI, where he led numerous cases on business start-ups and strategy formulation and implementation.
He holds ME from the Tokyo Institute of Technology and MSc in e-commerce from Carnegie Mellon University.
Takeshi Saito

Makoto Shiono

Partner
Managing Director
Makoto Shiono has led engagements addressing business and financial strategy for a wide range of companies both in Japan and globally. His professional career includes time with Citibank, Goldman Sachs, Bain & Company and Livedoor Securities. He also has experience with start-up organizations and corporate revitalizations in the telecom, media and technology sectors. After joining IGPI, He has been involved in projects, including financings for manufacturers, an M&A deal related to entertainment companies and a cross-border M&A deal for a telecom company.
He received BA in Law from Keio University and earned master’s degree from the Washington University in St. Louis, School of Law.
Makoto Shiono

Yukihiro Tahara

Partner
Yukihiro Tahara is one of the founding partners of IGPI. He has led numerous projects to plan and execute reforms on sales and marketing mechanism for major consumer products companies. Prior to IGPI, he worked for IRCJ where he engaged in the Kanebo turnaround. He was also with CDI as Managing Director and led hands-on consulting cases that often extended long-term.
He holds Master of Aeronautic Engineering degree from the University of Tokyo.
Yukihiro Tahara

Tetsuji Taya

Partner
Managing Director
Tetsuji Taya has extensive experience in financial advisory services, venture business and capital markets. He has led many M&A transactions from the initial stage of analysis, business and financial due diligence, to post-merger integration. He also specializes in business turnaround and restructuring. He is currently outside director of Leopalace21 Corporation, and a member of the Saitama City administrative and financial reform committee. He was Managing Director at IRCJ, where he directed three cases: Daia Kensetsu, Kimmon Manufacturing and Daikyo. Prior to joining IRCJ, he worked for Gracchus & Associates, Brightest, Merrill Lynch and Fuji Bank (Mizuho).
He holds a BA from Waseda University and Master of Science in Accounting & Finance from London School of Economics.
Tetsuji Taya