Professionals | Daiwa PI Capital Co., Ltd.

Management

Koichi Tamazawa

President

1997: Joined Yamaichi Securities. Engaged in investment banking.
1998: Joined Daiwa Corporate Investment, Investment Department (startup investments).
2003: Transferred to the Business Investment Department. Assumed Managing Director in April 2012.
2014, July: Joined Daiwa PI Partners. Assumed Head of Private Equity Group of the Private Equity Department.
2018, April: Assumed Managing Director.
2020, April: Assumed Senior Managing Director.
2022, September: Joined Daiwa PI Capital. Assumed President.

Mr. Tamazawa has led all domestic private equity transactions with the Private Equity Department of Daiwa PI Partners.

Bachelor's degree in Economics, Hitotsubashi University

Jun Nakayama

Senior Managing Director / Head of Administration Group

1993: Joined Daiwa Securities. Engaged in M&A advisory for retail businesses.
2000: Joined Sanwa Securities (now Mitsubishi UFJ Morgan Stanley Securities), Strategic Advisory Department.
2006: Joined Daiwa Corporate Investment, Business Investment Department.
2014, July: Joined Daiwa PI Partners, Private Equity Department.
2022, September: Joined Daiwa PI Capital. Assumed Senior Managing Director.

At Daiwa PI Partners, Mr. Nakayama has invested in HUMAN ASSOCIATES HOLDINGS, Tokyo Catering Holdings, ENAX, M&M Service, Hakusan, and Marine Profoods.

Bachelor's degree in Science, Tokyo University of Science.

Investment
Group

Ryoya Seto

Director / Head of Investment Group

2013, April: Joined Sumitomo Mitsui Banking Corporation. Specialized in structured finance.
2019, February: Joined Daiwa PI Partners, Private Equity Department.
2023, October: Joined Daiwa PI Capital.

At Daiwa PI Partners, Mr. Seto has overseen the investments in ENAX, NJT Copper Tube, and Hakusan.

Bachelor's degree, Faculty of Agriculture, Kyoto University
Master's degree, Graduate School of Agriculture, Kyoto University
Certified Member Analyst of the Securities Analysts Association of Japan

Shigekazu Honma

Executive Director

2008: Joined Daiwa Securities SMBC (now Daiwa Securities), Finance Department and Global Markets Operations Department. Engaged in measuring and managing market risks at the Risk Management Department from 2014.
2019, October: Joined Daiwa PI Partners, Private Equity Department.
2023, October: Joined Daiwa PI Capital.

At Daiwa PI Partners, Mr. Honma has overseen the investments in Marine Profoods and Y. International.

Bachelor's degree in Engineering, Keio University
Master's degree in Engineering, Keio University
Certified Member Analyst of the Securities Analysts Association of Japan

Yuta Tanahashi

Director

2011, April: Joined Sumitomo Mitsui Banking Corporation. Engaged in SME financing.
2015, October: Joined SMBC Nikko Securities. Engaged in M&A advisory and financial solution services in FIG sector.
2021, April: Joined SMBC Capital Partners. Engaged in corporate investment execution for domestic listed and unlisted companies.
2024, March: Joined Daiwa PI Partners , Private Equity Department. Concurrently joined Daiwa PI Capital.

Bachelor's degree in Economics, Keio University

Kazuyuki Oka

Director

2013, April: Joined Sompo Japan Insurance.
2019, April: Seconded to Sompo Japan DC Securities.
2022, April: Seconded to Sompo Holdings.
2024, May: Joined Boston Scientific Japan.
2025, May: Joined Daiwa PI Partners, Corporate Planning Department.
2026, October: Joined Daiwa PI Capital.

Bachelor's degree in Engineering, Tokyo University of Agriculture and Technology
Master's degree, Graduate School of Frontier Sciences, The University of Tokyo
MBA, Hult International Business School
Certified Member Analyst of the Securities Analysts Association of Japan

Ren Takahashi

Director

2013, April: Joined Daiwa Securities. Engaged in retail sales at a branch office.
2021, April: Transferred to the Human Resources Department. Handled various human resources functions.
2024, April: Joined Daiwa PI Partners, Debt and Real Estate Department.
2026, October: Joined Daiwa PI Capital.

Bachelor's degree in Political Science, Keio University

Hiromitsu Fujiyama

Director

2014, April: Joined Daiwa Securities, Corporate Finance Department.
2016: Transferred to the Corporate Advisory Department. Engaged in M&A advisory services.
2025, July: Transferred to the Digital Acceleration Department.
2026, April: Joined Daiwa PI Capital.

Bachelor's degree in Law, Kyushu University
MBA, IE Business School
Master in Business Analytics and Data Science, IE School of Science and Technology

Kazuki Shibahara

Director

2015, April: Joined Daiwa Securities.
2015, July: Joined Daiwa PI Partners, Private Equity Department.
2023, October: Joined Daiwa PI Capital.

At Daiwa PI Partners, Mr. Shibahara has overseen the investments in ALC, WHILL, NJT Copper Tube, and Tokyo Catering Holdings.

Bachelor's degree in Political Science, Keio University
Small and Medium Enterprise Management Consultant (Japan)

Taiju Mine

Director

2015, April: Joined Daiwa Securities. After taking part in retail sales in a branch office, transferred to the Retail Marketing Division in July 2017. Engaged in managing alliances with credit card companies and local banks.
2021, October: Joined Daiwa PI Partners, Private Equity Department.
2023, October: Joined Daiwa PI Capital.

At Daiwa PI Partners, Mr. Mine has overseen the investment in Marine Profoods, particularly in DX (Digital Transformation, a process of introducing digital tools in business operations) support.

Bachelor's degree in Economics, The University of Osaka
Certified Member Analyst of the Securities Analysts Association of Japan
Digital IT Master ^*1

^*1 A certification program within the Daiwa Securities group for skilled individuals that can leverage digital technologies to create innovation.

Tomoki Izumitani

Director

2016, April: Joined Sojitz. After gaining experience through secondment to a car dealership in Brazil, engaged in investments specialized in the automotive sector and portfolio management.
2024, November: Joined Daiwa PI Capital.

Bachelor's degree in International Studies, Kwansei Gakuin University

Takahiro Maeda

Director

2020, December: Joined Nishimura & Asahi, a law firm in Japan. Engaged in legal advisory services including M&A.
2023, September: Joined Nomura & Partners, a law firm in Japan. Engaged in legal advisory services including M&A, litigation, and dispute resolution.
2026, January: Seconded to Daiwa PI Capital.

Bachelor's degree in Law, The University of Tokyo
Juris Doctor, Graduate Schools for Law and Politics, The University of Tokyo
Attorney-at-law (Japan)

Administration
Group

Yuta Kondo

Director

2002, April: Joined IBJ Leasing (now Mizuho Leasing). After taking part in corporate sales, engaged in legal and compliance.
2008, July: Joined Mizuho Securities Principal Investment. Performed internal management functions for the company and the buyout funds it managed before moving into LP investment activities.
2023, January: Joined Daiwa PI Partners, Private Equity Department.
2023, October: Joined Daiwa PI Capital.

Bachelor's degree in Law, Waseda University
Master's degree in Law, Waseda University

Saaya Fujima

Director

2006, April: Joined Daiwa Securities SMBC (now Daiwa Securities). Performed middle- and back-office functions for the non-performing loan administration and recovery team.
2013, September: Joined the non-performing loan investment team. Engaged in sales to financial institutions, valuation, and loan recovery.
2025, April: Transferred to the Business Revitalization Office and joined the debt recovery team.
2026, October: Joined Daiwa PI Capital.

Bachelor's degree in International Education, Tokyo Gakugei University
Real Estate Transaction Specialist (Japan)