Integrated Reporting Support
From Communicating Value to Creating It Together

Value Creation Story
From “Communicating” Value Creation to “Co-Creating” It
By articulating a distinctive Value Creation Story grounded in intellectual capital, we engage a wide range of stakeholders—including shareholders, customers, partners, and employees—fostering shared understanding and resonance, and connecting these insights to the next cycle of value creation.
ICMG Group draws on the philosophy and methodologies of intellectual capital management developed in Sweden and across the Nordic region, refining and evolving them to align with the managerial context and strategic challenges of Japanese companies.

Daisuke Touchi
Executive Director, Intellectual Capital Management ICM, ICMG Group
The Significance of Communication Through Integrated Reporting
Why Do We Disclose?
In recent years, many companies have begun issuing integrated reports.
- Reports are produced out of routine, treated as an annual “event.”
- Activities are handled by a single department, disconnected from management and business-level value creation.
- Essential initiatives are not disclosed because tangible results, such as business transformation or new ventures, have yet to materialize.
- Value and the value-creation process are not conveyed as a coherent story to customers or employees, resulting in little meaningful dialogue.
- Editorial work proceeds with disclosure as the end goal, without a clear link to value creation.
ICMG Group has inherited the philosophy and methodologies of intellectual capital management developed in Sweden and has evolved them to fit the management context of Japanese companies. We have also participated in the Ministry of Economy, Trade and Industry (METI) study groups on intellectual capital and in the development of the Intellectual Asset Management Guidelines. For more than 20 years, we have supported corporate transformation and communication practices based on intellectual capital.
Everyone is a protagonist in value creation, and putting that value into words becomes the starting point for the next transformation.


Challenges Our Clients Face
There is a gap in conveying the need for change and our ability to realize it.
There is a disconnect between our individual initiatives, short-term results, and long-term value creation.
Our greatest opportunity lies in codifying the tacit value created by our people into unique capital, establishing a formidable competitive advantage that others cannot replicate.
How did we help?
Our Services

Integrated Reporting / Purpose Penetration Project
We work with the client's next-generation team members to gain a new understanding of their company and organization. Through this understanding we create a vision redefine their purpose and help set their mission. We work with the client to compile a final integrated report and accompany the client until this purpose is understood by all employees and stakeholders.
Our Presence
Our Experts

Filling Society with the Value Creation from Intellectual Capital.
Daisuke Touchi
Executive Director, Intellectual Capital Management ICM, ICMG Group
Head of Intellectual Capital Management
B.A. in Economics, Keio University
After working for an advertising company, he joined ICMG. Based on the global standard methodology of value creation, he accompanies and supports companies in implementing intellectual capital management.He leads the execution of leadership development for the next generation of executives and others, the visualization of intellectual capital, and the formulation of the Purpose Vision.

Saya Iwasaki
HR Strategy & Client Advisory Director
OpenSea, Former Head of People
DoorDash, Former Global Enablement Lead
Stanford University, MA in Education, Learning, Design and Technology
Born in America, raised Japanese in Africa and Southeast Asia, and nurtured her career in APAC and Silicon Valley. She specializes in designing organizations, services and experiences that are rooted in deep research, operational excellence and a culture of innovation and learning. She served as the Head of People for OpenSea (a top web3 unicorn) and has a proven track record of expanding DoorDash (a Series C to IPO decacorn) from 800 to 15,000 employees globally. In addition, she’s supported large-scale M&As, coaching and leading C-Suite executives on strategic management, designing best-in-class cultures, and establishing operational and organizational systems that optimize for results. Her practice is rooted in human-centered research & design and educational innovation, an area of expertise from completing her Master's at Stanford University and consulting for Fortune 100 companies, including NASDAQ. She is continuously in pursuit of solutions that address challenges at their root. When taking a break from solving big problems, she creates children’s storybooks and enjoys searching for the best strawberry shortcake in town. She is based in Tokyo with her family.

We create something of value to society.
Hitoshi Funahashi
ICMG Group President, Founder and Group CEO
Chairman, Management and Intellectual Assets Subcommittee, Industrial Structure Council/New Growth Policy Subcommittee, Ministry of Economy, Trade and Industry
Vice-Chairman of the New Business Creation Committee, Vice-Chairman of the Stable Small and Medium-sized Enterprises Activation Committee, and Executive Director of the Economic and Social Friendship Association.
Senior Managing Director, Japan Innovation Network
MBA, Waseda University Graduate School, Ph.
Founder and President of ICMG Co. He has worked in a general trading company in the development and export of chemical products for overseas markets and handling national bidding projects, until he joined Recruit Co. Ltd. in 1987. After working in the Human Resources General Service Division and the New Business Development Office, he founded the Business Incubation Division in 1996. He then launched the magazine "Entre" and provided a variety of services including "magazine," "internet," "events," and "individual consulting" as support services for venture companies. In 2000, he founded Accel, Inc. as a successor to the business support project.In 2001, the company partnered with Intellectual Capital AB, a Swedish intellectual capital rating company, to license and develop a Japanese version of IC Rating®, a method for evaluating the actual value of a company that cannot be shown on its balance sheet. In 2003, he took a stake in the company, and in 2010, he made it a subsidiary. Today, ICMG is an advocate of intellectual capitalism that ensures fair and appropriate profits for corporate stakeholders, including management, employees, business partners, customers, and shareholders, and conducts research and practice of ICMG's unique "Intellectual Capital Management" method.

Creating cool and shining adults who will lead Japan to be a respected country in the world again.
Naoka Sono
ICMG Group Intellectual Capital Management ICM
Middlesex University BA Joint Honours Degree Management with Accounting
Joined Accel Corporation (now ICMG) in 2002. She has been involved in many projects, mainly for the Hitachi Group, in which he helped visualize intellectual capital and utilize it to create value. In 2009, after the birth of her first child, she became upset with the stagnant postpartum environment and launched a postpartum support business. After 12 years of management experience, she returned to ICMG in 2022. She is currently leading a program to uncover human and intellectual capital, the core of the Discovery Phase, which is the starting point for sustainable corporate value enhancement.