D Capital, Inc. (“D Capital”) announces that a special purpose company invested by D Capital II Investment Limited Partnership and D Capital II, L.P., respectively managed or provided with services by D Capital, has acquired all shares of Sokan Co., Ltd. (“Sokan”) from investment partnerships managed or provided with services by Nippon Sangyo Suishin Kiko affiliates (collectively, “NSSK II”).
Founded in 1991 and headquartered in Yaita City, Tochigi Prefecture, Sokan is a leading manufacturer of "natural confectionery" (confectionery made with natural ingredients). Since its inception, the company has consistently challenged itself to create new value, establishing the natural snack market by providing healthy products that emphasize the inherent flavors of their ingredients, such as seaweed stems, crunchy plums, dried sweet potatoes, and dried fruits.
Sokan maintains a flexible manufacturing structure through a dual model of in-house and OEM production. Leveraging its diverse raw material procurement and high development capabilities, the company has built a dominant market share, particularly in private-brand products for major convenience store chains.
Under the "Sokan Vision 2030," the company aims to capture the needs of health-conscious consumers. Key growth themes include expanding national brand products, entering overseas markets, and increasing production capacity to meet these demands. Through these initiatives, Sokan is evolving from a leading Japanese natural snack company into a representative leader for the entire Asian region.
D Capital operates under the concept of “Unlock Japan,” with a mission to unleash the potential of Japanese companies and industries. We believe the Japanese confectionery industry—a fusion of the Japanese people's culinary dedication and manufacturing craftsmanship—possesses world-class potential.
In line with this strategy, D Capital has consistently supported the sector through investments in The Oyatsu Company, Ltd. (January 2023), Kabaya Foods Corporation (July 2024), and Yamayoshi Seika Co., Ltd. (December 2025, via Oyatsu Company). Sokan, with its commitment to taste and technical prowess, is another prime example of a Japanese confectionery company capable of competing on a global stage.
By combining Sokan’s robust business foundation with D Capital’s digital transformation (DX) expertise, the knowledge and the network of our existing confectionery portfolio, we are confident that the company can achieve exponential growth. Guided by our purpose to "Empower society by connecting people, technology, and capital," D Capital will fully support Sokan’s next evolution into Asia’s representative healthy natural snack enterprise.
Company Overview
Company Name: Sokan Co., Ltd.
Representative: Kenichi Itayama, President and CEO
Address: 4-1 Kobushidai, Yaita City, Tochigi, Japan
Business: Manufacturing and sales of natural snack products (seaweed stems, crunchy plums, dried sweet potatoes, dried fruits, etc.)
URL: https://sokan.jp/
Contact for inquiries regarding this matter:
D Capital, Inc.