Profile: Board Members & Partners


Board Members

代表取締役社長 兼 グループCEO  船橋 仁

Representative Director & Group CEO 

Hitoshi Funahashi

After working at a general trading company where he gained experience in developing chemicals for overseas sales, export operations, and national bidding, Hitoshi Funahashi joined Recruit Corporation in 1987 and was assigned to the human resources general services division, and then to the new business development office. In 1996, he led the creation of a business incubation division in the company.
He also launched the publication of the magazine Entre and began to provide start-up companies with comprehensive support services combining the functions of a magazine, Internet, events, and individual consulting.
In 2000, he took over Recruit’s business support services project and established Actcell Corporation. In 2001, Actcell corporation entered a partnership with Intellectual Capital AB (ICAB), a Swedish intellectual capital rating company, and obtained the license for its IC Rating® approach for evaluating “off balance sheet” substantive corporate value, and successfully developed a Japanese version of this rating method. In 2003, Actcell acquired the capital of ICAB, and in 2010 made the Swedish company a 100% subsidiary.
Hitoshi is an advocate of intellectual capitalism, which ensures fair and appropriate profits for all stakeholders of companies including top executives, employees, partners, customers, and shareholders. He is actively engaged in studying and implementing ICMG’s own approaches to intellectual capital management.

  • MBA and Ph.D. from the Graduate School of Economics at Waseda University. Member of the Subcommittee on Management and Intellectual Assets, New Growth Policy Committee, Industrial Structure Council, METI. Vise-Chairman (2009) and Secretary (2010) for Middle Market Business Revitalization Committee, Japan Association of Corporate Executives.
執行役員 マネージング・ディレクター IWNC 代表取締役 石川 博久

Coo & IWNC Representative Director

Hirohisa Ishikawa

In the 7 years as Representative Director, he has tripled the size of business of IWNC. Based in China, one of the most competitive markets worldwide, Hirohisa focuses on the development of personnel that can strive in the global market, assists in localization support, strategic support , and organization building support towards Japanese companies expanding into the Asian market.

  • BA in Economics and Finance from Kent University
取締役 CHRO 八木 洋介

CPO (Chief People Officer)

Yousuke Yagi

After working mainly in the HR department of Nippon Kokan Kabushikigaisha, he was seconded to National Steel, and spent his time there as assistant to the CEO. He joined GE in 1999 and was put in charge of the HR department for Healthcare Asia, Money Asia, and then GE Japan. In 2012 he joined the LIXIL Group Corporation as the LIXIL Group Executive Vice President, and as a Board member and the Vice President of LIXIL Corporation. Yousuke was also appointed the Chief HR Officer, and was deeply involved in the corporate reform, the globalization, training of leaders, promotion of diversity, and the strategic placement of human resources. Yousuke is the co-author of “The vision of strategic HR – Don’t be limited by the structure, tell the story” (Kobunsha shinsho).

  • Graduated School of Economy of Kyoto University in 1980, gained Master of Science in 1992 from MIT Sloan School.
取締役 CFO 瀨川 勲

CFO (Chief Financial Officer)

Isao Segawa

Isao Segawa worked for Sojitsu Corporation, a general trading company. He spent eight years stationed abroad, working in the areas of international trade and business investment. In 2005 he began serving as a board member (and later as Representative Director) of a business investment company (Staff Service Investment, which later became OG Investment) for a major temp agency and engaged in business revitalization of restaurants, resort hotels, golf courses, and Japanese sake manufacturers, as well as investment in technology ventures. He joined ICMG in 2012 and manages various M&A and alliance projects, while also serving as the CFO.

  • Graduate of the Faculty of Law at Kobe University.

External Board Member 

Noriharu Amiya

Hitachi,Ltd. General Manager , Management Planning Office Strategy Planning Division.


Etsuo Murase

In 1977 he joined Hitachi Ltd as the financial manager of the electricity division. His prior roles have included serving as the managing director and director of finance then executive officer of Hitachi Medical Corporation. He served as president and representative director of Hitachi Urban Support. Currently he is appointed corporate auditor of Hitachi Urban Investment.

  • Graduated in economics from Kyoto University

Executive Officer

執行役員 マネージング・ディレクター エネルギーマネジメント担当 菊池 英俊

Executive officer,TEPCO i-Frontiers Vice President

Hidetoshi Kikuchi

Hidetoshi spent 10 years at Recruit focusing on sales, business planning, service development, and overseas business development, before joining Actcell Corporation (which later became ICMG) at its beginning. Hidetoshi has rich experience in management restructuring, organization restructuring, new business development projects, and business incubation in the fields of General Electronic Manufacturers, Energy, Automotive, Railways, IT, Material, Food, Logistics, General Consumer Goods, and TV/Radio.

  • Graduated the School of Engineering at Kyoto University, majoring in Chemical Science.

Executive officer,CSO(Chief Sustainability for Society Officer)

Yusuke Tsuji

After working at J.P. Morgan, Yusuke Tsuji joined ICMG, where he is primarily involved in new business developments and Open Innovation. Besides working closely with clients from the idea stage to the commercialisation of their businesses, he has broad experience in facilitating the design and implementation of innovation strategies, corporate innovation processes, personnel requirements and various systems, etc, so as to deliver effective innovation management in large enterprises. He also has experience working under several directors.

  • Graduate School of Engineering, Kyoto University.

Global Partners

ICMG Singapore Representative

Clarence Tan

A serial entrepreneur. The founder and former CEO of Perfect Innovation, GlobalRoam, and many other technology start-ups in Singapore. Director of STT Connect, the cloud servicer of STT, a major telecom in Singapore.

  • National University of Singapore(NUS) MBA

Director, ICMG India


As a certified public accountant, J Suri launched Suri Consultants Pvt. Ltd., and has provided financial and corporate advisory services for over 30 years. He is also a co-founder of Bizworth India Pvt. Ltd., specializing in assessment and enhancement support of intellectual capital. He is a member of the All India Management Association (AIMA) of the Federation of Indian Chambers of Commerce & Industry (FICCI), and has served as the Chairman of the Finance, Capital Markets & Foreign Investment Committee.

  • Qualified Chartered Accountant. Master’s degree from the Sydenham College.

ICMG Silicon Valley Representative

Tom Tateno

Former Vice President of Recruit USA. Has rich experience in setting up US offices for Japanese corporations, building management teams, and strengthening organizations, with experience and knowledge in M&A, Buyouts, advisory in Organization offshore outsourcing, and team building, along with leading in projects setting up Japan offices for foreign corporations, and structure advisory.

  • Graduated from the Graduate School of Keio University, Administration Engineering Faculty of Science and Technology

Executive Advisor

Ryoji Sato

He joined Hitachi Credit Corporation (now Hitachi Capital Corporation) in 1982. He has served as Deputy General Manager of the Accounting Department, Senior Manager of the President's Office, General Manager of the Hitachi Group Strategy Office, and President of Hitachi Capital Securities Corp. Also, he has served as Managing Director of Operations and General Manager of Legal Department, Hitachi Capital Corporation, President and Representative Director of Hitachi Capital Insurance Co., Chairman of Hitachi Leasing (China), Executive Officer of Hitachi Capital Corporation in charge of China Region (General Representative for China), and Executive Officer of Hitachi Capital Corporation in charge of Business Strategy Headquarters. He has held a number of public positions, including an expert member of a government council, and has written many papers.

  • Graduated School of Social Sciences at Waseda University.
  • Graduated School of Law and Politics at Tokyo University.

WEnergy Global Pte Ltd CEO

Atem S Ramsundersingh

After time spent at the senior manager of Energy Management of the World Bank, and as the CEO of a conglomerate venture in Malaysia, Atem established WEnergy in Singapore. While serving as a policy consultant for ASEAN nations and energy and utility companies in Asia, WEnergy provides energy generation and power transmission. Is the owner of a professional network that includes personnel residing in over 65 countries.

New Club of Paris

Leif Edvinsson

As the first Corporate Director of Intellectual Capital at Skandia Sweden, Leif Edvinsson established the theory of intellectual capital management and greatly contributed to Skandia's growth based on its intellectual capital. He has served as a professor at Lund University in Sweden, and the Honorary Chairman of the Henley Knowledge Management (KM) Forum in the UK. As a high-level expert for the European Commission, he oversaw the creation of an intellectual capital report. He is currently the President of the New Club of Paris.

  • MBA from the University of California, Berkeley.

Executive Advisor

Fumihiro Ohba

At McKinsey & Co., Fumihiro Oba was in charge of planning and implementing growth strategies, company reform projects, and new business planning for clients in many industries including the electronics, telecommunications, healthcare, automobile, and publishing. He joined ICMG in 2005.
He has developed numerous reform programs that organically connect a company’s sources of value such as its human resources, relationships, and organizing abilities to strategies. He has led reform projects by working integrally with Japanese and overseas companies in areas of growth strategies formulation, company reform projects, corporate integration, innovation, and business development initiatives. He specializes in helping companies, by taking a holistic view of their business, to enhance their ability to generate continuous results through both business and organizational strategies.

  • Master’s degree from the Graduate School of Science and Technology at Keio University.
  • MBA from INSEAD.


Anthony Willoughby - Director of IC

Anthony Willoughby is the founder of IWNC. During an expedition to Papua New Guinea, his team that was working together toward a common goal ended up losing its enthusiasm due to the incessant complaining by one of its members. Based on this experience, he established the I Will Not Complain team building and leadership development programs in Japan in 1989, and in China in 1992. Through his 10-plus years of continued dialogue with the chiefs of tribes in Papua New Guinea and Kenya, Anthony developed a visualizing process called Territory Mapping that provides creative and new perspective on where one currently stands and where he or she is headed without being restricted by preconceived ideas.

Yasuhito Hanado

Yasuhito Hanado is a former professor (in charge of corporate financial accounting, IR strategy, corporate governance, global accounting, and master’s and doctoral program study projects) in the Graduate School of Commerce at Waseda Business School (WBS).

  • Member of the planning committee of the Japan Investor Relations Association. Adviser to the Japan Academic Society of Investor Relations.
  • Member of the National Investor Relations Institute (US).
  • Member of the steering committee of the World Intellectual Capital/Assets Initiative.

Shuichi Matsuda

Shuichi Matsuda is a professor emeritus of Waseda University.
He is the chairman of the board at WERU Investment Co., Ltd. His areas of specialty include accounting science, management auditing, and venture company growth theory. Shuichi is a former chairman of the Japan Academic Society for Ventures and Entrepreneurs (JASVE), is currently the Director of JASVE and Chairman of its Special Committee. He has also served as the Chairman and President of venture-related committees of government bodies including the Cabinet Office, the Ministry of Economy, Trade and Industry (METI), and the Ministry of Internal Affairs and Communications (MIC), as well as of academic-industrial alliances and the MOT consortium.

  • Shuichi’s written works include Reading the Introduction to Business Seminar Company, Venture Company, Technology Venture, and Innovation of JAPAN Series1, 2, 3.