Capita Asset Management


Outline & Access

Corporate Name

Capital Asset Management Co., Ltd.

Registration Numbers

Director of Kanto Local Finance Bureau (Financial Instruments Firms) No. 383
Investment Management Business (Investment Trust Management
Business/Discretionary Investment Business) ,
Investment Advisory Business and Agency Business,
Type II Financial Instruments Business


Toshinobu Yamazaki


Shikoku Building (9th Floor), 1-13-7 Uchikanda,
Chiyoda-ku, Tokyo 101-0047
TEL: +81-3-5259-7401; FAX: +81-3-5259-7402

Date of Establishment

January 26, 2004


280 million Yen (as of July 1, 2024)

Number of Employees

27 (as of July 1, 2024)


The Investment Trusts Association, Japan
Japan Investment Advisors Association

External Auditor

Audit Corporation SKIP


Shikoku Building (9th Floor), 1-13-7 Uchikanda, Chiyoda-ku, Tokyo 101-0054
Tel:+81-3-5259-7401 Fax:+81-3-5259-7402

Subways or JRs

  1. 7 minute-walk from Ohtemachi and Takebashi Subway Stations
  2. 10 minute-walk from Kanda JR Station
  3. 6 minute-walk from Ogawamachi Subway Station

Company Organization Chart

Company Organization Chart


Message from Representative Director and CEO

I have 24years of experience in the investment trust industry and have been involved in a variety of funds. One of the most memorable funds is an international diversified investment fund that gained no attention in 2003. At a time when perceiving constraints of domestic asset management companies, I focused on a fund that employed a method combining domestic and international indexes. Since then, in conjunction with several other financial institutions, I have been involved in enlightenment activities for investor clients and have concentrated myself on creating ideas to encourage those investors to own funds on a long-term basis.

Since its establishment in 2004, Capital Asset Management (CAM) has been offering a wide range of funds that invest in domestic and foreign equities and preferred securities. CAM is an independent investment management firm with over 10 years of fund management experience investing in equities of emerging markets and companies. Among them, we have a unique strength in equity investments in ASEAN countries such as Vietnam and the Philippines, and in particular, we have many years of making in-house investment management of Vietnamese equities, and we take pride in being the leader in managing Vietnamese equities in Japan.

While I have been serving as CAM’s Representative Director and CEO since June 2020, I would like to set forth below some of my experiences I have so far gone through. It goes without saying that, as an investment management firm, it is a never-ending challenge to enhance fund management capabilities. In order to meet such objective, as a premise, we need to contemplate the method as to how to strengthen capabilities of research and analytical skills along with development of fund management approaches. While CAM does not outsource investment management, it instead conducts in-house investment management. CAM makes a final investment decision based on its unique management methods and global information network. With respect to investments in Vietnam, CAM coordinates with a local research firm established in Hanoi. As for other foreign equity investments, CAM utilizes advice of investment managers who are familiar with investment targets and investment themes, thereby aiming to improve its research and analytical capabilities as well as abilities to develop management methods.

Furthermore, in order to improve management capabilities, it is imperative that, given limited management resources, we enhance concentration in core competence depending on history, business scale and members of an investment management company. Having made a formation of funds stricter, we have reduced the number of publicly offered investment trusts to ten as of the end of May 2024 so that we can maintain a quantity of funds that allows us to handle asset management in an appropriate manner. We have carefully selected those funds to be continuously managed and rationalized a lineup of funds enabling fund managers to focus on investment management. At a fund management company I belonged to before assuming the position of CAM's representative, I had an experience of focusing on enlightening people about funds that realized international diversified investment, concept of which was not yet common at that time. We believe it is important for a fund management company to be able to create a fund with a concept that can differentiate itself by taking advantage of its features.

In this connection, ahead of the competition, CAM pioneered establishment of two Vietnamese equity funds in August 2010 and August 2014. Further, in June 2019, it formed World Tourism Equity Fund, which focuses on travel, a theme virtually unprecedented in Japan. Moreover, in December 2021, in a fund-of-funds format, CAM launched two orchestra funds that aim to replicate a management approach practiced by global institutional investors by way of investing primarily in alternative management funds. As above, CAM has been conscious of differentiating itself from its competition concerning the funds it has established and launched. Besides, at the end of May 2023, we launched Global Bio-Pharmaceutical Equity Fund, which focuses on biopharmaceuticals in light of global aging and technological evolution.

Last but not least, we hope that the countries in which our funds invest will take an interest in our country, thereby further deepening our relationship. We are determined to put our hearts into forming each one of the funds with a view to having clients of our firm feel close to various social issues and interested in them.

Toshimobu Yamazaki
Toshinobu Yamazaki
Representative Director and CEO


Board Members

Representative Director and CEOToshinobu Yamazaki

Mr. Yamazaki started his career at Nikko Securities Co., Ltd. After having developed extensive experience at HQ Sales Dept., he was stationed in London and Hong Kong. Having managed notable seminars in Taiwan, he took the first step into asset management business. He joined Nikko Asset Management Co. Ltd. and was responsible for the marketing business unit where he succeeded in spreading a wide understanding of a globally diversified investment through publicly-offered investment trusts. He also accumulated valuable experiences at PCA Asset Management as Head of Sales and at Mitsui Sumitomo Asset Management Co. Ltd. as Director. In July 2019, he joined Capital Asset Management Co., Ltd. (CAM) as Senior Managing Director, and in June 2020 Mr. Yamazaki was appointed as Representative Director and CEO of CAM. He has been involved in asset management business for 24 years.

DirectorEiichi Oka

Mr. Oka started his career at Nomura Research Institute (NRI) in 1985. He was engaged in research and analysis of the ASEAN economy at the Singapore office of NRI. In 1992, he joined Nomura Asset Management, where he was stationed in various Asian countries. Mr. Oka has 29 years of experience in managing Asian equities. He covered all of ASEAN countries (Vietnam from 1993), and since then, he has almost consistently managed foreign equities by combining top-down and bottom-up approaches. He is a certified member analyst of the Securities Analysts Association of Japan.

DirectorHironobu Nagaoka

Mr. Nagaoka joined Nomura Asset Management in 1987. After serving as a Japanese equity fund manager for 12 years, he was appointed as Head of Investment Business Planning Dept. as well as Head of Equity Trading Dept., driving a number of projects to improve the overall performance of NAM. He became Director of Nomura Funds Research and Technologies in 2014. He moved to The Investment Trusts Association, Japan in 2019, where he was responsible for researching the internal control systems of numerous asset management firms. He was appointed as Director of Capital Asset Management in April 2024. He is a certified member analyst of the Securities Analysts Association of Japan.

Corporate AuditorMakoto Miura

Mr. Miura joined Deloitte Tokyo office in 2007, where he was engaged in U.S. GAAP audit services for a major Japanese bank in the Financial Services Division. From 2012 to 2014, he was seconded to Deloitte Hong Kong office, where he managed statutory audit services for Japanese financial institutions. In 2015, he established MIURA MAKOTO CPA Office, providing advisory services, serving as a professional consultant and acting as a CFO. In June 2024, he was appointed as a Corporate Auditor at Capital Asset Management. He is a member of the Japanese Institute of Certified Public Accountants.

Executive Officers

Executive OfficerAkitada Kurihara

General Manager
Advisory Fund Management Dept.
Investment Division

Executive OfficerHiroshi Kuribayashi

Head of Marketing Division


Our Credo

Our Credo


Inquiry about our services and the funds

Reception hours: from 9:00 a.m. to 5:00 p.m. every business day

Please be reminded that we record the phone conversation with our clients in order to accurately grasp the contents of the inquiries from the clients. Once recorded, we take full protective measures to deter any leakage.