Rizap Group, Sompo to Form Capital Alliance Around Gym Business

Rizap Group will form a business and capital alliance with Sompo Holdings in which the insurer will invest a total ~30b yen.

• Sompo will take a 4.87% stake in Rizap Group by buying ~10b in new shares
  • Will also take a 23% stake in subsidiary Rizap through a 20b yen investment
• Funds to be used to support expansion of low-cost gym business chocoZAP

To contact the reporter on this story:
Sarah Hilton in Tokyo at shilton20@bloomberg.net

To contact the editors responsible for this story:
Yusuke Miyazawa at ymiyazawa3@bloomberg.net

Gareth Allan

© 2025 Bloomberg L.P. All rights reserved. Used with permission. ...