<a href="https://news.google.com/rss/articles/CBMiakFVX3lxTFBLU0x4TF9Rc05EVUR5YU9FR215Q2dSZ2tUdk1HRmRpWmRrQ0dkSnFCWjRHZG14S2VsY0hXbDdYZXB2ZFM5VWNVbzN4S1RyOUxEMWNHRl9sY3lNTHFxQVc0ekNQSnVWT256MHc?oc=5" target="_blank">「FUNDINNO」、船井総合研究所の「資産形成セレクション」と投資家紹介で業務連携を開始</a>&nbsp;&nbsp;<font color="#6f6f6f">P

FUNDINNO (TSE Growth: 462A) operates a financial technology platform intended to rebuild Japan’s unlisted equity market by digitizing primary funding, investor reporting, capital management, and secondary liquidity. The platform connects startups and unlisted private companies directly with retail, institutional, and corporate investors across three primary business pillars: private primary capital raising (_FUNDINNO_ and _FUNDINNO PLUS+_), equity administration and governance software (_FUNDOOR_), and unlisted share secondary trading (_FUNDINNO MARKET_). On September 11, 2026, the company released its financial results and key operational metrics for the third quarter of the fiscal year ending October 2026. FUNDINNO reported net sales of 1,208 million yen and an operating loss of 684 million yen for the cumulative Q3 period. Ongoing deal sourcing challenges weighed on top-line performance compared to the prior-year period's 1,832 million yen in net sales and 159 million yen in operating profit. Despite earnings pressures, the company maintains a robust balance sheet, holding 3,873 million yen in cash and cash equivalents, an equity ratio of 94.7%, and a capital adequacy ratio of 602.1%—substantially higher than the regulatory minimum of 120%. ## Sign up for Japan FinTech Observer Cutting through the noise of Japanese Finance & FinTech Subscribe Email sent! Check your inbox to complete your signup. No spam. Unsubscribe anytime. ### Q3 Financials & Key Operational Metrics * **Revenue & Earnings Breakdown:** Net sales for cumulative Q3 totaled 1,208 million yen, reflecting a decrease of 624 million yen year-over-year. The quarterly net loss reached 876 million yen following the full reversal of deferred tax assets recorded in Q2. * **Full-Year Target:** FUNDINNO reaffirmed its revised full-year outlook targeting 1,800 million yen in net sales and an operating loss of 799 million yen. * **Expense Structure:** Quarterly operating expenses remained rigid between 591 million yen and 661 million yen, largely composed of fixed personnel and system infrastructure outlays. Management estimates its quarterly break-even sales threshold at approximately 650 million yen. * **GMV Trajectory:** Quarterly Gross Merchandise Value (GMV)—representing total primary funding and secondary transaction volumes on the platform—reached 1,197 million yen in Q3, bringing cumulative FY2026 GMV to 5,346 million yen and total lifetime GMV to 34,459 million yen. * **Deal Size Contraction:** Stricter deal screening—brought on by valuation resets in private markets, AI substitution risks, and evolving exit structures—constrained transaction volume. Q3 closed zero transactions above 1 billion yen (down from 2 in Q3 FY2025) and completed 1 transaction between 500 million and 1 billion yen. ### Strategic Pivot and Market Adaptation To address headwinds in standardized deal origination, FUNDINNO is expanding target investor segments and offering customized funding frameworks: * **Institutional & Corporate Investors:** The platform is diversifying its capital providers beyond retail investors. In August 2026, FUNDINNO served as financial advisor (FA) to facilitate an investment in eVTOL developer SkyDrive by a fund managed by Resona Asset Management. * **Conflict Resolution Structuring:** To aid issuers seeking M&A exits without expanding their shareholder count, FUNDINNO introduced a transaction scheme pairing common stock issuance with shareholder agreements. * **Government Support Integration:** FUNDINNO was selected for the Tokyo Metropolitan Government’s FY2026 Crowdfunding Support Program, which expanded financial support to include stock acquisition rights alongside common equity. The platform supports these transaction types via its equity management solution, FUNDOOR. Management noted that while near-term market shifts require tailoring product schemes to individual issuer needs, structural tailwinds—including government startup promotion policies and the 2030 tightening of Tokyo Stock Exchange Growth Market listing standards—will support long-term private equity market expansion. * * * Cracks in the Unlisted Equity Market: FUNDINNO’s Q2 Slump and the Radical Pivot to M&AFUNDINNO reported earnings for the second quarter of its fiscal year ending October 2026, covering its key performance indicators, specifically highlighting the growth in gross merchandise value (GMV) and the expanding number of registered professional investors across its primary and secondary equity platforms. However, due to a challenging startup investmentJapan FinTech ObserverNorbert Gehrke

FUNDINNO has initiated a business collaboration with Funai Consulting to enhance investment opportunities for entrepreneurs aimed at supporting promising startups.

FUNDINNO announces its support for SkyDrive's capital funding initiative with financial backing from Resona Asset Management, enhancing investments in startups.

FUNDINNO proudly announces its new listing on the Tokyo Stock Exchange Growth Market as of December 5, 2025, marking a significant milestone.

株式会社FUNDINNOが手掛けるFUNDINNO PLUS+が、特定投資家向けサービスを通じて約18.2億円の資金調達に成功しました。詳しい内容をお届けします。

TORIKAI CAFEが100%プラントベースのスイーツ「Vee Sweets」の株主募集をFUNDINNOで開始。事業説明会にも参加してみて。

株式会社FUNDINNOのプレスリリース 株式会社FUNDINNO（本社：東京都港区、代表：柴原 祐喜／大浦 学、第一種金融商品取引業者　関東財務局長（金商）第2957号、以下、「当社」）は、この度、ファースト・チルドレ ...

FUNDINNOと岡三証券が資本業務提携を強化。未上場株式投資の新たな機会を提供し、スタートアップの成長を支援します。

株式会社FUNDINNOがタスキホールディングスと提携し、新しいオープンイノベーション推進サービスを発表。投資家と未上場企業のニーズを結びつける取り組みが始動。

FUNDINNOとイグニション・ポイントが業務連携契約を締結。スタートアップの成長を支援する新たなエコシステムが構築されます。

株式会社レクメドがFUNDINNO PLUS+を利用し、東証グロース市場への上場が承認されました。特定投資家の支援が成長を促進します。

Second Heart initiates an equity crowdfunding campaign through FUNDINNO to tackle diabetic foot ailments. Join their informative online sessions to learn more.

FUNDINNOと岡三証券が提携を強化し、未上場株式投資の機会を拡大する新たな取り組みを発表。投資家へ向けた魅力的な機会が拡充されます。

SEEDER株式会社は、株式投資型クラウドファンディングFUNDINNOを利用し、113名の個人投資家との新しいパートナーシップを築きました。これにより商品の未来創造が加速します。

タスキホールディングスがFUNDINNO社と協力し、新たな投資スキームを発表。未上場ベンチャー企業との連携を強化し、より多くの投資機会を生み出す取り組みを開始します。

ベンチャー企業と投資家のマッチングプラットフォームを運営する株式会社FUNDINNO（本社・東京都港区、代表取締役・柴原祐喜／大浦学）は23日、特定投資家向けの直接投資サービス「FUNDINNO PL...

株式会社FUNDINNOが株式投資型クラウドファンディングで累計成約額200億円を達成。新たな資金調達手段としての可能性に迫る。

EternityFoodsがFUNDINNOで目標の600万を24時間で達成！沖縄・石垣島から地域密着型の食のインフラ構築を目指します。

FUNDINNO announces the IPO approval of Innovacel, marking Japan's first listing through the J-Ships program. Funded in just 14 months.

株式会社アソシエーションオフィスがFUNDINNOで資金調達を成功させ、生成AIを駆使した中小企業支援を加速します。

株式会社SARAHが新たにAIを活用した食品開発プロジェクトをFUNDINNOにて募集中。食のデータが描く未来に迫ります。