Japanese Major Advertising Agency: Business Revitalization of the Vietnam Subsidiary Facing Numerous Challenges

From the initial year of launch, we supported the business revitalization of the Vietnam subsidiary, which faced numerous challenges, starting from the second fiscal year.We provided hands-on support, from identifying on-site issues to implementing specific improvement measures, and successfully turned the company profitable starting from the third fiscal year. Summary of Results We conducted detailed on-site interviews and investigations into the local subsidiary’s financial, accounting, legal, project management, troubleshooting, human resources, and labor situations.We identified numerous issues, including unpaid accounts receivable, outstanding taxes, contract disputes due to failed M&A, neglect of human resources and labor matters, communication errors with the parent company, discrepancies between reported financial figures and actual business performance, unnecessary outsourcing costs, and vendor selection challenges. Comment from […]

Supporting an Automotive Manufacturer in Launching a New Business in Southeast Asia

Request We would like to request support for the launch of a new business in the Mekong region utilizing our own assets, starting from initial consulting to service development, local operations, and manual creation. Our Support We began by participating in the client’s business concept and information organization. We then worked on the client’s project structure, utilization of existing resources and data, and local competition research, while providing support for business plan creation, service website creation, operation construction, on-site personnel allocation planning, manual creation, and more. We also provided comprehensive support for business start-up, including business plan creation, service website creation, operation construction, on-site staffing planning, manual creation, and more. Results Comment from the person in charge In this case, […]

Support for Establishing a Language Study Abroad Agency and Language School in the Philippines

Request As a new business, we want to establish a language study abroad agency and language school in the Philippines. We would like comprehensive support, including setting up a local entity, hiring and training local staff, listing and negotiating partnerships with local language schools, as well as assistance with office search and contract arrangements. Our Support To establish a local corporation in the Philippines and acquire the necessary business licenses, we worked in coordination with local legal counsel. Meanwhile, we recruited pilot members with management or teaching experience in language study abroad. Following this, we supported additional hiring, developed language learning programs, approached various local language schools with partnership opportunities, and assisted in M&A negotiations with resort hotels. This comprehensive […]

Support for DX Agency companies to establish an offshore development base

Request As a growth driver for mid-to-long-term business expansion, we would like support with establishing our first offshore development base abroad. This includes conducting multi-country market research, providing initial consultations at the business concept stage, creating a business plan, establishing a local corporation, recruiting and training engineers, and building an organizational structure. Our Support First, we conducted a business concept hearing to determine the target country, followed by a survey for selecting a country for expansion. Simultaneously, we drafted a business plan, gathering information on industry trends both domestically and internationally and initiating local research. To prepare for launching the offshore development business, we proceeded to the Philippines, where we began M&A negotiations with local Japanese offshore development companies, established […]

Support for Business Revitalization of a Subsidiary in Vietnam for a Major Advertising Agency

Request Having failed to establish the subsidiary in Vietnam during its first year, the business has come to a halt due to the absence of a responsible person for the local corporation, leading to significant challenges. Therefore, we would like to request support for the prompt revitalization of the local subsidiary’s business. Our Support First, we had a meeting with the Singapore headquarters managing the ASEAN base to understand the situation of the local subsidiary in Vietnam. Following that, we visited Vietnam to conduct a situation survey of the local corporation. Since the local subsidiary was in a very risky business state without being able to receive a handover from the predecessor, we identified as many risks as possible and […]

Comprehensive Support for the Entry of a Digital Marketing Company into the Thai Market

Request For the first overseas expansion of a promotional media company into Thailand, we would like comprehensive support starting from the initial consultation during the business concept phase, business plan development, local market research, local entity registration, localization of services for Thai users, advice on building media platforms, customer acquisition marketing, sales support, and organizational development for the local entity. Our Support First, we conducted a hearing to understand the business concept, followed by creating a business plan in collaboration with the client. While refining the business plan, we began gathering necessary information and conducting local research. Together with stakeholders, we progressed with preparations for the business launch, incorporating required tasks into the schedule. I then entered Thailand and carried […]

New Business Support in Laos – Major Automobile Manufacturer

As part of a new local business initiative for a major automobile manufacturer in Laos, we provided support from initial consulting to the development of business plans, service operation flows, recruitment plans, and workforce deployment strategies for workspaces. Additionally, we assisted with the ongoing support for service operations throughout the process.