Founded Energy & Environment Investment, Inc. (EEI), Japan’s first fund management company dedicated to the environment and energy sectors, in 2006 and assumed the post of President. Has been engaged in the business of investment in the environment and energy sectors since then.
Joined the Industrial Bank of Japan, Ltd., in 1989 and served as an analyst responsible for the electric power and energy industries in the Industry Research Division from 1996. Besides research and analysis of industry trends, helped prepare proposals for the deregulation of the electric power industry as well as the institutional design as a member of the advisory bodies to the Minister of International Trade and Industry, including the Electricity Utility Industry Council, thereby becoming acquainted with many figures from the energy industry.
From 2000, engaged in corporate finance operations for environment and energy-related companies at IBJ Securities Co., the predecessor of Mizuho Securities Co.
In 2003, founded Industrial Decisions Inc., Japan’s first energy industry consulting firm, jointly with U.S. consultancy Strategic Decisions Group (a spin-off from the Stanford Research Institute in Silicon Valley) and served as CEO. There, for a period of three years, expanded and deepened the company’s management consulting business for Japanese companies in the energy and environment sectors. Becoming keenly aware, through these activities, of the need for both risk money and management support for the environment and energy sectors, decided to establish an investment company.
Graduated from the Faculty of Law, University of Tokyo; earned an MPA from the Woodrow Wilson School, Princeton University
Began investing in the environment and energy sectors from 2009. Supervises investment in the IT with Energy sectors, and the overall internal corporate structure.
At the Industrial Bank of Japan, Ltd., engaged in trading in U.S. Treasury bonds and various derivatives, and maintenance and operations of systems, before moving on to Digital Garage, Inc. in 1997, primarily focusing on the development of the pre-listing management operation system. Joined Cybozu, Inc. in 2004, and after serving as director and head of the business management, contributed to the upgrading of the company to the Tokyo Stock Exchange First Section in 2006 as director and CFO. Joined Nikkatsu Corporation in 2007, leading its business strategy planning and capitalization policy.
Joined EEI in 2016. While managing investment in start-ups in energy and “smartification” sectors, leads fund formation activities and business planning operations by leveraging his previous experience working at a major financial institution.
Prior to EEI, worked in finance-related business operations at Mizuho Securities Co., including the underwriting of bonds issued by utilities and government agencies, and advisory services for electric power companies on their investor relations activities overseas, before engaging in external public relations activities in the business planning division at the head office. At graduate school, majored in environmental studies.
After joining EEI in 2018, primarily manages global operations by leveraging his experience and networks cultivated during many years spent working in the electric power industry.
At Tokyo Electric Power Co., after serving in the corporate planning division, oversaw investment in new business development and overseas businesses. Served as deputy head of the corporate planning office in 2013, head of the international department in 2015 and secretary-general of the new growth task force in 2016. Also successively served as director of Eurus Energy Holdings Corporation, a renewable energy business firm, and president & CEO of TRENDE Inc., an electric power retail start-up, as well as management of affiliated companies.
Joined EEI in late 2008. Mainly in charge of investment in start-ups in the technology and IoT/data-related sectors as well as global business operations. Engaged in corporate analysis and M&A at the Industrial Bank of Japan, Ltd. Co-founded a cutting-edge image processing LSI start-up in Silicon Valley in 1997, where he architected the business plan, led corporate and business development activities as vice president, also raised significant funding from multiple venture capital companies and built an experienced cross border management team as CFO. After returning to Japan in 2003, served as representative, manager and adviser at multiple Japanese and U.S. technology start-ups.
Joined EEI in 2006. Mainly in charge of investment in the energy sector and business planning operations.
After serving in the Corporate Finance Department at Nippon Life Insurance Co., was assigned to the private equity section of the Stock Investment Department in 1997 and engaged in investment in start-ups, LP investment in PE and management of related VC, contributing to the development of the company’s start-up investment operations. Joined Dream Incubator Inc. in 2003 and became representive of a start-up investment strategy subsidiary. Helped the company to get listed on the Tokyo Stock Exchange First Section by establishing investment funds and improving the performance of the investment division.
Joined EEI in 2010, incharge of investment activities and business development.
Served a front-office role for start-up investment at a major venture capital firm. Thereafter, engaged in corporate planning, business development and overall sales operations at several hardware, entertainment, and internet-related start-ups and business corporations.
Joined EEI in 2008. Mainly in charge of investment in sectors related to “smartification” and effective utilization of resources.
After working as a system engineer, helped launch an IT start-up in 2001. During his career at a corporate revitalization-related private equity group company from 2003, oversaw practical operations for the revival of a middle-ranking ad agency and helped the company to return to profitability. At an M&A advisory firm from 2006, worked in a broad range of areas from due diligence to closing in relation to M&A of small businesses.
Joined EEI in 2018. Mainly in charge of business development and investment in the energy sector.
After his long career as a consultant, starting with PricewaterhouseCoopers Consultants Co. (the predecessor of IBM Japan, Ltd.), joined ENERES Co., an energy start-up in 2012, serving as head of the new business development and power marketing business divisions and taking up IPO projects. Joined PricewaterhouseCoopers (the predecessor of PwC Consulting LLC) in 2014, and supported companies’ entry into the electric power business.
Joined EEI in 2015. Mainly in charge of investment in the energy and Hybrid IT x Energy Sectors.
Joined eAccess Ltd. (currently Ymobile Corporation) as a new graduate. Was in charge of broadband marketing and experienced the listing of the company on the stock exchange. Joined BB Cable Corporation of the SoftBank Corp. group in 2004, and was assigned to the SoftBank CEO office in 2006 to help promote business operations for the entire SoftBank group. After being temporarily transferred to the Ministry of Economy, Trade and Industry (METI) and Ustream Asia Inc., was assigned back to the SoftBank CEO office. After the Great East Japan Earthquake in 2011, engaged in the launching of renewable energy and electric power retail businesses.
Joined EEI in 2017. In charge of overseas investment and global business development from his operating base in Europe.
After a career at Morgan Stanley, worked in carbon credit trading at Fortis/ABN Amro Bank (Amsterdam) from 2006 and then at Masdar (Abu Dhabi), a renewable energy concern, from 2009. Moved to Marubeni Corp. (Tokyo/Paris) in 2011, and engaged in setting up an ESCO business joint venture with European chemical companies. Received the IJGlobal European Power Project of the Year award given to excellent companies in the energy sector.
Joined EEI in 2015, in charge of fund management operations and internal management operations as leader of the management division. Also leads the launching and operational management of the portfolio management system.
At Japan Asia Investment Co., was responsible for management of more than 50 funds, including foreign-registered funds and funds of funds. Thereafter, engaged in start-up investment and fund investment at the investment division. Joined CyberAgent Ventures Inc. (currently CyberAgent Capital Inc.), in 2013, and led the establishment of the fund management system in cooperation with eight overseas business entities.
Joined EEI in 2015, and is responsible for portfolio management operations, such as evaluation of companies that EEI has invested in, and performance management and accounting of funds, while engaging in investment activities.
Before joining EEI, worked at Meiji Yasuda Life Insurance Co. in charge actuarial operations, such as calculation of premiums for corporate pension plans, calculation of financial balance forecasts for reserves and assessment of reserves for personal insurance as well as for life insurer fund-raising, risk management and corporate planning operations such as the handling of credit ratings.
Steve has led three businesses from early stage to mass-market and exit. He was Managing Director of AlertMe (‘Hive’) sold to British Gas in 2015; Managing Director of Tiscali Broadband, sold to TalkTalk in 2009 and a senior executive at early internet service provider LineOne, sold in 2001. Alongside his role at EEI, Steve is on the UK Board of HomeServe PLC, Board Advisor to IoT Insurance innovator Leakbot, Investor & Advisor to Moixa – the UK’s leading home energy storage business – and lead Investor in Imont.io – edge computing IoT software that operates at a fraction of the cost of the cloud.