TOKYO -- Asset Management One, an investment firm affiliated with Mizuho Financial Group, will establish a fund in as early as fiscal 2026 that will invest directly in unlisted stocks, targeting startups with high potential for public listings.
Move comes as authorities seek to channel more capital into emerging companies

The Tokyo Stock Exchange decided to tighten rules for startups to maintain their listings. Asset Management One's new fund will aim to help young companies get on a path to growth. (Source photos by Takuya Fujisawa and Mizuho Miyazaki)
TOKYO -- Asset Management One, an investment firm affiliated with Mizuho Financial Group, will establish a fund in as early as fiscal 2026 that will invest directly in unlisted stocks, targeting startups with high potential for public listings.