EXHIBIT 31



                                 CERTIFICATION

I, Nakagawa Koichi, certify that:

1. I have reviewed this  quarterly  report on Form 10-QSB of Aegir  Investments,
Inc.;

2. Based  on  my  knowledge,  this quarterly report does not contain any untrue
statement of a material fact or omit to state a material fact necessary to make
the statements made, in light of  the circumstances under which such statements
were made, not misleading with respect  to the period covered by this quarterly
report;

3.  Based  on  my  knowledge,  the financial statements,  and  other  financial
information included in this quarterly  report,  fairly present in all material
respects the financial condition, results of operations  and  cash flows of the
registrant as of, and for, the periods presented in this quarterly report;

4.  The  registrant's  other  certifying  officers  and  I are responsible  for
establishing and maintaining disclosure controls and procedures  (as defined in
Exchange Act Rules 13a-14 and 15d-14) for the registrant and we have:

a)  designed  such  disclosure controls and procedures to ensure that  material
information  relating   to   the   registrant,   including   its   consolidated
subsidiaries, is made known to us by others within those entities, particularly
during the period in which this quarterly report is being prepared;

b)  evaluated  the  effectiveness  of the registrant's disclosure controls  and
procedures  as of a date within 90 days  prior  to  the  filing  date  of  this
quarterly report (the "Evaluation Date"); and

c) presented  in  this quarterly report our conclusions about the effectiveness
of the disclosure controls  and  procedures  based  on our evaluation as of the
Evaluation Date;

5. The registrant's other certifying officers and I have  disclosed,  based  on
our  most  recent  evaluation,  to  the  registrant's  auditors  and  the audit
committee  of  registrant's  board  of  directors  (or  persons  performing the
equivalent function):

a) all significant deficiencies in the design or operation of internal controls
which  could  adversely  affect  the  registrant's  ability to record, process,
summarize and report financial data and have identified  for  the  registrant's
auditors any material weaknesses in internal controls; and

b)  any  fraud,  whether  or  not  material,  that involves management or other
employees  who have a significant role in the registrant's  internal  controls;
and

6. The registrant's  other  certifying  officers  and  I have indicated in this
quarterly  report  whether  or not there were significant changes  in  internal
controls or in other factors  that could significantly affect internal controls
subsequent to the date of our most  recent evaluation, including any corrective
actions with regard to significant deficiencies and material weaknesses.


Date: November 11, 2005                     /s/ Nakagawa Koichi
                                        ----------------------------
                                        By: Nakagawa Koichi
                                        Title: Director and President
                                               Principal Financial Officer