TRUSTART Releases Exclusive Survey on Trends in Enterprise Value Security Rights

TRUSTART Co., Ltd. (Headquarters: Chuo-ku, Tokyo; Representative Director: Yoichiro Oe; pronunciation: Torasutāto; hereinafter "TRUSTART") announces the release of a cross-sectional survey identifying actual enterprises that have established Enterprise Value Security Rights, based on commercial registration acceptance records nationwide, following the implementation of the new collateral system on May 25, 2026.

Background of Report Publication

On May 25, 2026, the "Law on Promotion of Business-Oriented Financing" (commonly known as the Business Financing Promotion Law) came into effect, introducing a new system called the "Enterprise Value Security Right." This allows companies to use their entire enterprise value—including intangible assets such as know-how, customer base, and future cash flows—as collateral, not just tangible assets like real estate. One of the key objectives of this system is to facilitate smoother financing for startups with limited tangible assets and for business owners who hesitate to expand or transfer their businesses due to personal guarantees. This system is not only relevant to financial institutions but is also gaining attention as a way to expand financing and business succession options for SMEs in regional areas that cannot offer physical assets like real estate or equipment as collateral, or that face challenges due to a lack of successors. However, since the system is still very new, comprehensive information on which companies are using it and for what purposes remains limited.

TRUSTART maintains an independent monitoring system for nationwide commercial registration acceptance data, enabling us to comprehensively track trends in Enterprise Value Security Right registrations. Therefore, we conducted an original survey on post-implementation registration trends and compiled the currently known findings into a preliminary report.

Overview

TRUSTART independently monitored Enterprise Value Security Right registration data across all 47 prefectures of Japan, based on commercial registration acceptance records. A total of 20 companies have been identified as having established such rights (as of July 10, 2026, according to TRUSTART's research). The observed trends among these companies are as follows:

※ Some applications may not yet have completed disclosure processing at Legal Affairs Bureaus, so actual registration status may not be fully reflected. ※ While TRUSTART has identified non-public company names, only industry and founding era are listed for those not publicly confirmed. ※ Financial institutions listed are the registered collateral right holders. Company and financial institution names are presented without honorifics.

【Overview of Enterprise Value Security Right Registrations】

・Number of confirmed registration cases: 20 ・Number of prefectures with confirmed registrations: 12 ・Number of financial institutions registered as collateral right holders: 16 ・Industries of target companies: Diverse sectors including construction materials, manufacturing, IT, and services

As of May 2026, the month the system launched, registration cases have been confirmed across multiple prefectures nationwide, indicating early adoption primarily led by regional financial institutions.

About "Enterprise Value Security Monitoring"

"Enterprise Value Security Monitoring" is a function that utilizes commercial registration acceptance data to automatically detect the establishment, modification, and cancellation of Enterprise Value Security Rights. Based on monthly collected and database-structured commercial registration acceptance data from Legal Affairs Bureaus nationwide, this system enables timely detection as data is processed immediately upon receipt.

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Future Outlook

The utilization of Enterprise Value Security Rights has only just begun, and further increases in the number of adopting companies, as well as expansion across industries and financial institutions, are expected. TRUSTART will continue to monitor commercial registration acceptance records and regularly track and publish these trends.

＜About the Corporate and Real Estate Big Data Platform "R.E.DATA"＞ TRUSTART provides "R.E.DATA," a platform that collects diverse real estate and corporate big data from across Japan in a timely manner, enabling direct outreach to new prospects, corporate and individual profiling, and daily operational efficiency. "R.E.DATA" is a platform that uniquely collects and databases analog real estate and corporate information available only at government offices and on-site locations—information that does not exist online. The platform allows users to leverage real estate data and corporate registration data separately or in combination, supporting direct outreach to new prospects, corporate and individual profiling, and operational efficiency. It is widely used across industries such as real estate, finance, M&A, consulting, and professional services.

＜About TRUSTART Co., Ltd.＞

Representative: Representative Director Yoichiro Oe

Business: Real estate big data provision, real estate investigation

Headquarters: 8F, Sumitomo Real Estate Yaesu-dori Building, 2-14-1 Hachobori, Chuo-ku, Tokyo

Established: May 2020

URL: https://www.trustart.co.jp/

Inquiries: https://www.trustart.co.jp/contact/