# Yakult Pension Fund

Yakult Pension Fund is a Pension Fund based in Tokyo, Japan.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** Tokyo, Japan
- **Region:** Asia
- **Address:** 1-10-30 Kaigan Minato-ku, Tokyo, Japan
- **Founded:** 1955
- **Assets under management:** 463.55 (Altss estimate)
- **Website:** www.yakult-kigyonenkin-kikin.or.jp

## Regulatory record

- **Reports private funds:** No

## About

Yakult Pension Fund was established in 1955 to administer retirement benefits for employees of Yakult Honsha Co., Ltd. The scheme operates from Tokyo and serves domestic affiliates and subsidiaries of the sponsor. The fund allocates across private equity, venture capital, infrastructure, hedge funds and private debt. Confirmed holdings include a 2.9 percent position in Yakult Honsha listed on the Tokyo Stock Exchange and ownership interests in Yakult Kyudan Co., Ltd. and Yakult Management Service Co., Ltd. Geographic exposure centers on Japan with additional alternative investments booked through Tokyo-based vehicles. Assets total $463.55 million. The fund maintains membership in the Pension Fund Association and supports the Yakult Bio-Science Research Foundation. January 2024 attendance at the Corporate Pension Stewardship Promotion Council marked its most recent disclosed operational activity. The pension operates as a captive vehicle sponsored by Yakult Honsha with investment execution routed through external trustees including Mizuho Trust & Banking and Mitsubishi UFJ Trust and Banking.

## Sectors

- Private Equity
- Venture Capital
- Infrastructure
- Hedge Funds
- Private Debt

## People

- Hiroshi Narita — Former Chairman
- Katsumi Otsubo — Former Managing Director

## Questions

### Who runs investment decisions at Yakult Pension Fund?

Former Chairman Hiroshi Narita and former Managing Director Katsumi Otsubo are the only named individuals associated with the fund in available records. Current decision makers are not disclosed.

### Does Yakult Pension Fund participate in fund commitments or only direct deals?

The fund holds both a listed equity position in Yakult Honsha and ownership stakes in operating businesses such as Yakult Kyudan. It also maintains an alternative investment portfolio that includes private equity and hedge fund exposure.

### What investment stages does Yakult Pension Fund typically target?

No stage preferences are stated. Ticket sizes referenced in records range from $5 million to $15 million with preferred fund sizes between $200 million and $2 billion.

### How is Yakult Pension Fund related to Yakult Honsha?

Yakult Honsha is the sponsoring company. The pension fund holds a 2.9 percent equity stake in the sponsor through a Mizuho Trust account.

## Related profiles

- [Knox County Employee Benefit System](https://altss.com/profile/knox-county-employee-benefit-system)
- [Long Island University Endowment](https://altss.com/profile/long-island-university-endowment)

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/yakult-pension-fund

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology