Our Services
Transforming Management Through Stakeholder Collaboration
In today’s volatile and uncertain society, building strong relationships with diverse stakeholders is essential.
In Japan’s current capital market, enhancing corporate value often involves transforming management by incorporating investors’ perspectives, primarily through constructive engagement with institutional investors.
Neglecting issues raised by investors, however, may lead to reactive measures from these stakeholders.
For companies navigating this complex environment, we offer a range of services designed to integrate investor perspectives into management, including support for effective institutional investor engagement.
Responding to Unavoidable Megatrends
The world is facing inevitable medium- to long-term megatrends, including the global shift towards a decarbonized society and labor shortages in Japan.
Our company operates the Sustainable Community Research Center (SCRC) in collaboration with the General Incorporated Association “Sustainable Community.” Addressing the broad range of issues under the umbrella of ‘sustainability,’ we offer high-quality support informed by the collective expertise of the center’s diverse professionals.
Details
IR and Stakeholder Engagement Support
Former institutional investors with experience in proxy voting for Japanese equities are here to support you with any concerns related to constructive engagement with diverse stakeholders. We also provide assistance in communicating with all types of activists.


Professional support for Outside Directors
Governance analysts with institutional investment experience, along with leading experts, will provide tailored advice suited to your unique circumstances. We can also offer dedicated support for individual outside directors.
Corporate Governance / Sustainability Training
Former institutional investor governance analysts offer training for CFOs and governance or ESG officers, covering corporate governance and ESG from foundational concepts to the latest developments. The training includes essential discussion points for effective communication with external stakeholders.


Collective value creation with Sustainability Professionals
We collaborate with the General Incorporated Association Sustainable Community, leveraging the collective expertise of over 750 sustainability professionals to deliver high-quality sustainability support services.
Members

藤澤 正路 / Masamichi Fujisawa
Founder and CEO, Rectus Partners | Corporate Value & Sustainability Advisor
Prior to founding RectusPartners, served as an equity analyst at BlackRock Japan, where responsibilities included proxy voting and engagement with investee companies. Led over 100 engagements annually with senior management of investee companies.
Before joining BlackRock, worked at a global consulting firm, advising listed corporations and international organizations on sustainability, corporate governance, and risk management.
Holds a Bachelor’s degree in Fisheries Science from Hokkaido University and a Master’s degree in Ecology from Imperial College London.
Advisory Board Member, General Incorporated Association Sustainable Community (Japan).

木村 友二 / Yuji Kimura
Executive Officer, RectusPartners
Prior to joining RectusPartners, held various roles across government, academia, and the private sector. Previously served as Research Staff at The Research Institute of Economy, Trade and Industry (RIETI); Chief Investigator at the Fair Trade Commission of Japan, in the Merger and Acquisitions Division, Economic Affairs Bureau; and concurrently as a Fellow at the Competition Policy Research Center.
Also worked as a private investor and in the corporate planning department of a business corporation, where responsibilities included accounting and finance, business management, investor relations, and M&A. Later, at a consulting firm, provided M&A advisory and corporate finance services with a focus on valuation for both domestic and international startups and publicly listed companies. Has also served as a lecturer in valuation-related seminars.
Holds a B.A. in Political Science and Economics from Waseda University. Completed coursework in the Ph.D. program at the Graduate School of Economics, The University of Tokyo (withdrawn before degree).
Part-time Lecturer, Faculty of Economics, Toyo University.
Certified Member Analyst (CMA), The Securities Analysts Association of Japan.
Co-translator of “Reinventing the Bazaar: A Natural History of Markets” by John McMillan (Keio University Press).
Contributing author of “Theory and Practice of Valuation” (edited by Kazunori Suzuki and Wataru Tanaka, Nikkei Publishing Inc.), recipient of the 16th M&A Forum Grand Prize (RECOF Award).
神林 比洋雄 / Hyo Kambayashi
Advisor, RectusPartners
Senior Managing Director, Protiviti LLC
Managing Partner, ERM Management Institute LLC
Chair, Risk & Governance Committee, Japan Association of Corporate Directors
Began career at Arthur Andersen, engaging in both domestic and international audit and business consulting services.
Held senior leadership positions including Representative Partner and Executive Director at Asahi Audit Corporation (now KPMG AZSA LLC), Asia-Pacific Regional Managing Partner at Andersen Risk Consulting, and Director at Andersen Worldwide Organization.
In 2003, co-founded Protiviti LLC and served as CEO. Currently Senior Managing Director (since 2017), supporting the advancement of enterprise risk management (ERM) to align strategic objectives with effective governance and internal control frameworks.
Former President of the Japan Internal Control Research Association (now the Japan Governance Research Association). Currently serves on the Risk Management Committee of the Japan Securities Depository Center, Inc. Lecturer in the Financial Leadership Program at Hitotsubashi University.
Managing Partner, ERM Management Institute LLC (current)
Former Outside Auditor, Sojitz Corporation (2017–2021)
Former Independent Non-Executive Director, Murata Manufacturing Co., Ltd. (2018–2024)
Member, Toshiba Compliance Advisory Panel (2020–2021)
Chair, Risk & Governance Committee, Japan Association of Corporate Directors (current)
Lecturer, Japanese Institute of Certified Public Accountants (JICPA) Continuing Education Program (current)
Certified Public Accountant (CPA)
Recent Publications:
Understanding Internal Control and ERM – A Practical Guide (Dobunkan, 2020)
COSO Enterprise Risk Management – Integrating with Strategy and Performance
COSO Internal Control – Integrated Framework (Co-translation)
Managing Fraud Risk – COSO Guide (Co-translation)
Legal Liabilities Related to Internal Control (Co-authored)
Financial Misstatements and Disclosure Fraud (Co-authored)
Contact Us
If you are interested in our services or you would like to join our team, please contact us via the form.
