Asset Manager

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Living Platform

Living Platform was founded in 2011 in Sapporo, Japan, and listed on the TSE Mothers market in 2020 before transitioning to the Growth segment in 2022.

Living Platform

Living Platform was founded in 2011 in Sapporo, Japan, and listed on the TSE Mothers market in 2020 before transitioning to the Growth segment in 2022. The firm has never disclosed a named founder or principal in its public materials. The firm operates through three core segments: elder care (nursing homes, home-visit care), disability support (employment and residential services), and childcare (nursery schools). It expands primarily via acquisition, having completed roughly 30 M&A transactions since 2011, including business transfers from companies such as Telwell East Japan (2025) and Eco (2023). Geographically, Living Platform concentrates on Hokkaido, the Tohoku region, and the greater Tokyo area, with recent moves into Kansai. In 2026, the firm entered the pharmacy business through an absorption-type split of Popoyaku Corporation's dispensing pharmacy operations. The firm had roughly 1,700 employees as of its last public filing, and its subsidiaries include Living Platform Care, Challenge Platform, and Agriplatform Ibaraki, an agricultural corporation established in 2025. A few months later, it also made a subsidiary of M's Consulting for nursing care expansion. Living Platform maintains no separate philanthropic structure disclosed in its public reports. Living Platform is a rare case of a social-welfare operator that has gone public, using the holding-company structure to aggregate small, independent care facilities under a single corporate umbrella. Its business model is expansion via M&A of pre-existing operators, not greenfield development, which gives it a distinctive consolidation-driven growth path inside a fragmented Japanese care market.

General information

Firm type

Asset Manager

Year founded

2011

AUM

Undisclosed

Location

Region

Asia

Country

Japan

City

Sapporo

Corporate office

Sapporo, Hokkaido, Japan

Sector focus

Healthcare ServicesReal EstateInfrastructure

Frequently asked questions

Who runs investment decisions at Living Platform?

Living Platform does not publicly name an individual CEO, CIO, or investment committee. The firm's corporate governance page references a board and compliance with TSE reporting requirements, but no named principals have been disclosed in its public filings or website (per firm website).

Is Living Platform structured as a single family office or does it operate more like a venture firm?

Neither. Living Platform is a publicly traded holding company listed on the Tokyo Stock Exchange Growth Market. It does not manage external LP capital or third-party assets. It operates as an operating company that owns and runs care facilities directly (per firm website).

Does Living Platform participate in fund commitments or only direct deals?

Living Platform does not appear to invest in external funds. Its disclosed strategy is entirely direct ownership of operating care facilities, acquired via M&A or built organically. No fund investments are mentioned in its corporate filings or on its website (per firm website).

What investment stages does Living Platform typically target?

Living Platform targets mature, cash-flow-positive care facilities and operates them as going concerns. It does not invest in early-stage companies or startups. The firm typically acquires existing operators via business transfer, share exchange, or subsidiary creation (per firm website).

Which sectors does Living Platform explicitly avoid?

Living Platform's disclosed focus is exclusively elder care, disability support, and childcare. It has not publicly stated any sectors it avoids, but its entire portfolio and acquisition history are within social-welfare infrastructure (per firm website).

How is Living Platform related to its subsidiaries?

Living Platform is the publicly traded holding company. Key operating subsidiaries include Living Platform Care (elder care), Challenge Platform (disability support), Nursery Platform (childcare), and Agriplatform Ibaraki (agriculture). The firm uses absorption-type splits and subsidiaries to manage different segments (per firm website).

Does Living Platform maintain philanthropic structures, and how are they separated?

Living Platform does not disclose any separate philanthropic foundation, trust, or charitable arm on its website or in its public filings. Its social impact is delivered through its core business of operating care facilities (per firm website).

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