News

2025.07.31 Thu

Investment in NAOYOSHI Inc.

July 31, 2025

IA Partners Inc. (President: Hiroshi Murakami; hereinafter, “IAP”) is pleased to announce that funds managed or advised by IAP have completed a capital injection into NAOYOSHI Inc. (President and CEO: Hirokazu Inose; hereinafter, “Naoyoshi”) through third-party allotment of newly issued stock.

Naoyoshi operates a logistics business, specializing in ambient and refrigerated warehousing and truck transportation. The company has strong business relationship with major food and beverage companies, operating 16 warehouses and approx. 400 trucks, which has enabled Naoyoshi to establish a unique and competitive position in the domestic cold chain logistics market.

IAP aims to invest in large and medium-sized companies, as well as carve-outs of their group companies or business divisions, with the goal of unlocking its growth potential through strengthening their management base, M&A initiatives and finance capabilities.

Post-transaction, Naoyoshi and IAP will position the nationwide expansion of the company’s cold chain logistics network as a core growth strategy to realize Naoyoshi’s vision of “Delivering deliciousness to anyone, anytime, anywhere across Japan,”. Leveraging its accumulated expertise, IAP will provide the necessary management support and growth capital to execute this strategy, working closely with Naoyoshi to enhance the company’s enterprise value over the medium to long term.

With IAP’s purpose of “Invest and Associate as a Partner”, IAP is determined to not only create economic value, but also to create social value, by connecting investors and portfolio companies as well as by meeting the expectations of all stakeholders through its investment activities.

Overview of NAOYOSHI. Inc.

NameNAOYOSHI Inc.
Date of establishmentJune 1, 2009
AddressTokyo Kotsu Kaikan 5F, 2-10-1 Yurakucho, Chiyoda-ku, Tokyo
President & CEOHirokazu Inose
BusinessLogistics business, specializing in ambient and refrigerated warehousing and truck transportation, mainly for food productsData center operation business​ etc.
Number of employeesApprox. 1,300 (consolidated, as of June 2025)
SalesJPY 11.13 billion (logistics and data center businesses combined, results for the fiscal year ending February 2025)

Overview of IA Partners Inc.

NameIA Partners Inc. https://iapartners.jp/
Date of establishmentMarch 30, 2021
Address5F Toranomon 40MT Building, 5-13-1 Toranomon, Minato-ku, Tokyo
President & CEOHiroshi Murakami
BusinessManagement of private-equity investment funds, and investment advisory and agency services (*Our investment advisory services are only available for Professional Investors as defined in the Financial Instruments and Exchange Act in Japan.)
Registration numberDirector General of the Kanto Local Finance Bureau (Kinsho) No. 3284 (Investment Advisory and Agency Business)

Contact for inquiries on this release

IA Partners Inc.

Tel : +81-3-6432-4710

E-mail: info@iapartners.jp

COPYRIGHT (C) IA Partners ALL RIGHTS RESERVED