Introducing “marketing” to the finance industry, spreading “investment that is not venture”, and working together to enrich the Japanese people
Norinchukin Value Investments (NVIC) is an investment management division of the Norinchukin Group, which offers financial services to many people through group platforms such as JA Bank, and is working in cooperation with Katana to broaden opportunities, encouraging their customers to invest in carefully selected business as long-term rather than short-term “venture” deals. This helps to create portfolios of personal assets, meaning their goal is to help customers live a comfortable and assured life. Katana cooperated in the brand re-development of their trust investment Obune series, which has continued to grow under the policies of fund manager Kazushige Okuno, and now has seven times more accounts and 13 times more net assets (as of July 2021). We remain in cooperation towards further growth, not only through the advertisement of their products, but also the promotion of the idea of long-term investment and establishment of support for it, relating to the reduction of the deep-rooted “investment allergy” of Japanese people.
*as of July 2021
The finance industry has been protected by regulation for a long time, and has also long since abandoned the principle of “consumer first”, which is well established in other fields. It is often seen as existing solely to take fees for deals while leaving customers open to risk, and has led to limited information being given to consumers in order to maximize the profits of the institutions.
Our mission is to change this strange situation by promoting investment in a non-complicated way through the power of marketing, so consumers can take initiative and make simple choices. By doing so, we hope to bring investment back into the hands of consumers and make peoples’ lives richer.
If healthy investment activities become more widespread and anxiety is reduced for the future, people will consume more, leading to circulation in an active economy, and the fruits being shared by more people. More than half of the 1,800 trillion yen* of private financial assets in Japan lie in savings accounts**, while the percentage in asset management is less than a third of that in the US, and less than half of that of Europe***.
Compared to other countries, Japan does not have sufficient monetary circulation to encourage revitalization and growth in the economy, so if some of the assets lying in savings accounts can be moved to investments it is certain that the economic repercussions would not be small. Our efforts in this area will spread investment as the ideal form of a capitalist society and its real meaning, the starting point of a change to the current situation.
* and **: The Flow of Funds Accounts Statistics (the FFA) by the Bank of Japan, 2019 first quarter figures, released on 27 June 2019.
***: Advisory Panel on Stable Household Asset Formation, 2018
Obune
Obune is a trust fund of 27 carefully selected “structurally sturdy” US corporations that NVIC judges to be continuously profitable in the long-term. It is managed with the NVIC philosophy of “keeping stock of carefully chosen corporations that will not need to be sold for a long time.”