TechSmartWorld

TOKYO, Japan

OKI (TOKYO: 6703) has entered a strategic partnership with global technology corporation FPT, through its subsidiary FPT Japan, agreeing partial ownership of OKI’s two software development subsidiaries in China. The collaboration is set to accelerate software development capabilities and drive global business expansion for both companies.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241225981746/en/

Takahiro Mori, Representative Director and CEO, OKI (L) and Do Van Khac, FPT Software SEVP and FPT Japan CEO, FPT Corporation (R) (Photo: Business Wire)

Under the agreement, starting April 1, 2025, Oki Data Dalian Co., Ltd. and OKI Software Technology Co., Ltd. will be rebranded as FPT OKI Dalian Limited Liability Company and FPT OKI Changzhou Limited Liability Company, respectively. FPT Japan will hold a 65% stake, while OKI will retain 35%. This initiative also aligns with OKI’s Medium-Term Business Plan 2025, which focuses on restarting overseas business, optimizing global offices, and building strategic global partnerships to enhance long-term resilience in today’s complex economic environment.

By combining FPT’s global reach and technological prowess with OKI’s industrial expertise in social infrastructure, the partnership will provide advanced software solutions to global markets, with an initial focus on Japan, China, and the ASEAN region. The joint entities will prioritize developing innovative, high-efficiency business models powered by FPT’s AI-driven ecosystem to enhance business continuity, mitigate risks, and enable sustainable growth. This also includes talent development, tapping into FPT’s capabilities in AI, ERP, automotive technology, and digital transformation to cultivate a highly skilled, future-ready workforce that will drive joint initiatives and capitalize on emerging growth opportunities.

“2024 marks a year of significant growth for FPT in the Japanese market, driven by major contracts, strategic investments, and the opening of new offices. Our partnership with OKI reflects a shared commitment to leveraging technology as a catalyst for both business transformation and societal advancement,” said Do Van Khac, FPT Software SEVP and FPT Japan CEO, FPT Corporation.

“This collaboration also marks the start of FPT's ongoing support for restarting overseas business as outlined in OKI's Medium-Term Business Plan 2025, paving the way for impactful global expansion. By combining OKI's deep market insights with FPT's technological expertise and experience in delivering large-scale projects, we are well-positioned to deliver innovative solutions that address evolving market needs and enable companies across industries to achieve operational excellence and business agility,” he added.

After nearly two decades in Japan, FPT has become one of the largest foreign-invested technology firms in the country by human resource capacity. The company delivers services and solutions to over 450 clients globally, with 4,000 employees across 17 offices and innovation hubs in Japan and 15,000 professionals supporting this market worldwide. Leveraging its well-established position in Japan and global resources, the tech firm also recently opened an office in Dalian, China to extend support and provide end-to-end digital solutions to regional and thousands of Japanese companies operating here.

About Oki Electric Industry Co., Ltd. (OKI)

Founded in 1881, OKI is Japan's leading information and telecommunication manufacturer. Headquartered in Tokyo, Japan, OKI provides top-quality products, technologies, and solutions to customers through its Public Solutions, Enterprise Solutions, Component Products, and Electronics Manufacturing Services businesses. Its various business divisions function synergistically to bring to market exciting new products and technologies that meet a wide range of customer needs in various sectors. Visit OKI's global website at https://www.oki.com/global/.

About FPT

FPT Corporation (FPT) is a globally leading technology and IT services provider headquartered in Vietnam. FPT operates in three core sectors: Technology, Telecommunications, and Education. During over three decades of development, FPT has constantly provided practical and effective products to millions of people and tens of thousands of business and non-business organizations worldwide, establishing Vietnam’s position on the global tech map. Keeping up with the latest market trends and emerging technologies, FPT has developed the Made-by-FPT ecosystem of services, products, solutions, and platforms, which enables sustainable growth for organizations and businesses and offers distinctive experiences to customers. In 2023, FPT recorded a total revenue of USD 2.17 billion and 48,000+ employees. For more information about global IT services, please visit https://fptsoftware.com/.

View source version on businesswire.com: https://www.businesswire.com/news/home/20241225981746/en/