Japan's Impact Investment Balance Expands to 18.65 Trillion Yen (108% YoY): '2025 Survey on the Status and Challenges of Impact Investing in Japan' Published

The Social Innovation and Investment Foundation (SIIF; Chairperson: Shuichi Ohno; Location: Minato-ku, Tokyo), which serves as the secretariat for the GSG Impact JAPAN National Partner (formerly the GSG National Advisory Board), released the 2025 survey report on 'The Status and Challenges of Impact Investing in Japan' on March 31, 2026. Based on survey results, the report announced that the balance of impact investment in Japan as of March 2025 (including some data as of September 2025) reached 18.6531 trillion yen. The report also analyzes the current status and future outlook of the impact investment market in Japan by organizing the latest topics such as domestic and international policy trends and market changes. According to the report, Japan's impact investment balance for fiscal year 2025 was 18.6531 trillion yen, an increase of 1.3514 trillion yen from the previous year's 17.3016 trillion yen (108% year-on-year). This figure aggregates the investment balances of 47 organizations that meet the requirements for impact investing. The global impact investment balance is estimated to be approximately 243 trillion yen (1.571 trillion dollars), and the Japanese market continues to expand. The growth is primarily attributed to two factors: 1. Expansion of investment by existing organizations (41 organizations that responded continuously accounted for 85% of the increase), and 2. Expansion by major financial institutions (the top 5 organizations accounted for about 65% of the increase). The report also covers international movements, such as the launch of the GIIN Japan Chapter and the establishment of the UK's 'Office for the Impact Economy,' as well as domestic movements, including the GPIF's sustainability investment policy and the Cabinet Secretariat's inclusion of impact investment promotion in its 'New Capitalism' plan. The survey targeted 66 organizations, including investment management firms, banks, insurance companies, venture capital, and foundations, confirming that 53 are engaged in impact investing.