Solving social issues through structural change
Society where everyone deserves the opportunity to thrive
Research and consultation regarding social impact investment and social impact measurement
Who We Are
Masaki Kochi founded K-three Inc. in 2016. He has been engaged in promoting the development of Social Impact Bonds in Japan from 2014 and has been a member of the SIB projects funded by The Nippon Foundation.
He started his career at Recruit Group after graduating from University. From 2007, he joined PwC Consulting, where he mainly worked for central and local government agencies through the projects of optimized strategy formulation, procurement planning, provider evaluation and project management.
He has a host of experiences to research, write and manage projects about SIBs with central and local governments. Also, he has been devoted to its enlightenment activities. He established K-three corporation specialized in social impact investment such as SIBs and social impact measurement.
He also works as a lecturer in University of Ryukyus, an operation director of Social Impact Bond Japan, a member of Joint Office of Social Impact Measurement Initiative, and an executive fellow of Social Impact Center. He is a Certified Professional Evaluator by Japan Evaluation Association.
Chika Ochiai joined K-three since its foundation. She is responsible for social impact measurement and impact management projects with tri-sectors. Chika has a strong passion to accelerate social inclusion through arts based projects. Her research interests focus primarily on measuring social values of arts, adapting to cultural policy and impact investment. Chika has also been engaged in developing Social Impact Bonds since 2015.
Executive fellow of Social Impact Center and Senior Researcher at Keio University. Chika earned a MScEng and BEng in polymer chemistry from Keio University. Prior to K-three, she has been working as a business consultant and a researcher.
Chika loves dancing (contemporary) and playing the piano.
Ken Moriyama joined K-three Inc. as CSO in 2016. Ken brings to the team more than 16 years of experience in the private financial sector. Over the past eight years, Ken has made several social impact investments in the areas of climate change and poverty alleviation in Asia. He is passionate about developing innovative market-based solutions for social issues. Previously, Ken served as an equity and derivatives portfolio manager at Credit Suisse. A mathematician by training Ken began his career as an investment banker at Goldman Sachs. He is a graduate of Balliol College at Oxford University and Johns Hopkins University.
Composing Japan’s first SIB project (Health)
Supported the implementation of SIB in Hachioji City, Tokyo (contracted in May 2017), as a model project of Ministry of Economy, Trade, and Industry.
Estimating Japan's Market Size of Social Impact Investment; approx. 330 million yen
What we do
Social Impact Bonds
Improve the social outcomes of publicly funded services by making funding conditional on achieving results
Development of SIBs
Overall support for development of payment by results schemes
As an intermediate support organization, we provide consulting services of programme modeling, financial models and contracting to develop SIBs. We also support the government arrangement, researching service providers and marketing to investors.
Design of Outcome Metrics
Visualizing social values of interventions
We research and support for creating outcome metrics of services and defined social issues. Discussing with stakeholders based on the analisys of governmental cost and needs of target population.
Social Impact Investment
Investments made into companies, organizations, and funds with the intention to generate social and environmental impact alongside a financial return
Support for Social Impact Investment
Support for planning social impact investment based on social value
We work for planning social impact investment and defining non-financial indicators. We research NPOs and social enterprises as well as operate due diligence on potential organisations.
Research and Making Reports
We support research study of social impact investment. We conduct researches from field survey based on interviews to detailed data analysis according to clients' requests.
Social Impact Measurement/Management
Quantitative and qualitative evaluation of social and environmental changes, benefits and other outcomes of a program or activity
Supporting Social Impact Measurement/Management
Offer wide range of measurement services according to clients' needs
We conduct and support impact measurement of a project or organisation both from qualitative and quantitative standpoints. Various and flexible types of measurement and management services can be provided according to clients' needs.
Research, Seminars and Making Reports
We support research study, seminars and making reports about social impact measurement.
Consulting and Advisory Support
Japan Social Impact Investment Foundation
Supported for planning SIB (from 2017)
Ministry of Economy, Trade and Industry
The Nippon Foundation
Major Financial Institution
Consulting about SIBs in 2016
Advisory Committee of The Global Social Impact Investment Steering Group (GSG) Japan National Advisory Board
Association of Japanese Theatre Companies
Supported measuring social inclusion project by theatre
Committee, Judge Office
Associations of JAPANESE THEATRE COMPANIES
Expert advisor of “Research for social inclusion activity by Art group" by Promotion Project of Strategic Art, Culture and Creation
Ministry of Environment
Advisor of “Opinion exchange meeting of Promotion for Sustainable Environment Education “ (2016)
A public interest incorporated association
We appreciate k-three because they conducted the project responsibly and reliably.
A public interest incorporated foundation
k-three is an exceedingly reliable consultant company because of high-quality output, careful and flexible work. The perspectives and analysis based on the experiences of actual project works as well as theoretical research were valuable.