FPT earns $500 million in revenue from Japan market
FPT earns $500 million in revenue from Japan market
Global technology corporation FPT has surpassed US$500 million in revenue from Japan’s IT services market in 2024.
Employees of FPT corporation in Japan. — Photo courtesy of FPT |
This milestone spotlights FPT as a major player in the Japanese tech landscape, while setting the stage for its ambitious goals for this market, including achieving $1 billion in revenue and ranking among the top 15 most influential IT companies by 2027.
Despite economic and geopolitical headwinds, FPT recorded impressive growth in 2024, with annual revenue in the Japanese market increasing by 32.2 per cent compared to the previous year. Reinforcing its foothold in Japan, the company recently inaugurated its new headquarters and 17th office in Mita, a key economic and innovation hub in Tokyo.
This growth is anchored in high-impact domains, including legacy modernisation, ERP optimisation, automotive and artificial intelligence (AI).
Strategic initiatives such as the acquisition of the IT services company Next Advanced Communications NAC, the launch of FPT AI Factory and Data and AI Integration Center in collaboration with NVIDIA, and joint ventures with industry giants like SCSK Corporation, Konica Minolta and OKI also contributed to the company's success.
From consulting and system integration to cutting-edge technologies like AI, cloud, big data, blockchain and VR/XR, FPT has established itself as a trusted IT partner, enabling Japanese enterprises to streamline operations and bolster global competitiveness.
Beyond expanding its clientele and partners ecosystem, FPT also contributes to addressing Japan’s IT talent shortage.
Through strategic M&A-driven training initiatives and its co-founding role in the Vietnam-Japan Digital Transformation Association (VADX Japan), FPT aims to cultivate tens of thousands of skilled engineers in Japan while training hundreds of thousands of Japanese-speaking engineers in Việt Nam.
Further strengthening this commitment, the tech firm has also pledged $5 million to train more than 3,000 Japanese-proficient ICT professionals while launching an education representative office in Japan to accelerate collaboration in training and student exchange programmes, ensuring a sustainable talent pipeline for the industry.
With nearly two decades of presence in Japan, FPT has become one of the country’s largest foreign-invested technology companies in terms of its workforce, providing services and solutions to over 450 customers worldwide. The company actively drives green initiatives to reduce its environmental footprint while deepening collaborations with Japanese partners on sustainable projects.
