FigureAsia 35 Under 35 · Finance
Masashi Kurata
Age 34 · Growth-company financing and controls · Japan
A growth-company CFO combining public-market controls with financing for international expansion.
- Age at the edition eligibility date
- 34
- Field
- Finance
- Country or region
- Japan
- FigureAsia U35 Assessment
- 76.0 / 100
Profile
Career and documented record
Masashi Kurata joined Cyber Security Cloud at an early stage and built much of the financial and administrative apparatus required of a public company. His own account describes negotiating the final pre-listing financing, establishing internal controls and carrying the company through its March 2020 market debut. He has remained director and chief financial officer as the cybersecurity business expanded beyond Japan, giving him continuing responsibility for capital, disclosure and financial discipline.
In 2025 the company completed an equity financing of approximately ¥2.14 billion through shares subscribed by a government-affiliated fund. The stated uses included new services and acquisitions supporting international expansion. Kurata was the issuer's accountable finance executive and presented the transaction as a CFO case, but the public record does not isolate every negotiation or decision among him, the board, advisers and investor. The achievement is therefore framed as finance leadership, not sole authorship.
FigureAsia selection
Why Masashi Kurata is on the list
FigureAsia selected Kurata for connecting the less visible work of controls and public-company readiness with a completed capital transaction. The 2020 listing established his execution record; the 2025 financing shows that he continued to use the public-market platform to fund a defined strategic programme. His contribution is more specific than holding the CFO title because the record documents his work before, during and after listing.
The scale of the selection is kept proportionate. Capital raised is an input, not impact, and international expansion must be judged by delivered products and customers rather than the intended use of proceeds. Kurata is recognised for constructing and operating the finance function and completing the financing; he is not credited with all of the company's cybersecurity performance.
Verified work
The 2025–26 record
Cyber Security Cloud completed its public listing
Kurata led finance preparation, negotiated the last pre-listing financing and helped build the controls required for the company's Tokyo market debut.
Approximately ¥2.14 billion equity financing completed
The company issued shares to a government-affiliated fund to finance product development and acquisition-led international expansion, with Kurata serving as the accountable CFO.
Field context
The work in its field
Cybersecurity growth companies need capital to develop products and enter new markets, but they also require unusually strong controls: customers entrust them with sensitive systems, while public investors depend on disciplined disclosure. A CFO in this setting is part financier, part institutional builder.
The relevant test is not whether funds were announced. It is whether financing closed, controls endured and the resulting capital was tied to an executable plan. Kurata's record clears the first two tests; the international returns on the 2025 financing remain to be observed.
FigureAsia U35 Assessment
Assessment breakdown
76.0out of 100
Completed financial consequence
23 / 30
Cyber Security Cloud completed its public listing is treated as a delivered financial outcome. The score is confined to the completed result described in the record and excludes projections or paper valuation.
Individual agency and execution
19 / 25
The documented role—Director and Chief Financial Officer—and the attributed actions in the profile establish accountable execution. Institution-wide results are not assigned to the person alone.
Verified reach and significance
15 / 20
Cybersecurity growth companies need capital to develop products and enter new markets, but they also require unusually strong controls: customers entrust them with sensitive systems, while public investors depend on disciplined disclosure. A CFO in this setting is part financier, part institutional builder.
Innovation and field influence
11 / 15
The record combines growth-company financing and controls with the completed work described in Approximately ¥2.14 billion equity financing completed. Credit reflects demonstrated practice, not a claim of novelty by itself.
Stewardship, access and Asian relevance
8 / 10
The Asian connection is explicit: A Japanese finance executive who built the capital, control and disclosure functions of a Tokyo-listed cybersecurity company pursuing international expansion. Stewardship credit is limited to the regulatory, governance, access or stakeholder evidence described in the profile.