#Japan #FORVAL #DX Support #Higashiura

Forval's Commitment to Local Businesses

In a significant move towards enhancing the productivity and sustainability of local small to medium-sized enterprises (SMEs), Forval Inc., headquartered in Shibuya, Tokyo, has teamed up with Higashiura Town and its Chamber of Commerce to initiate a comprehensive digital transformation (DX) support program for local businesses. This initiative aims to address the pressing challenges faced by SMEs in the region, such as labor shortages and rising material costs, while also facilitating their adaptation to the rapidly changing digital landscape.

Background and Objectives

The business environment for SMEs has become increasingly complex in recent years, with challenges such as labor shortages, escalating material prices, and the need for effective business succession strategies. Moreover, the rapid advancement of digital technologies demands that businesses undergo substantial transformations to thrive. Despite recognizing the need for digital transformation, many local companies often lack access to the necessary expertise and resources, making it difficult for them to take practical steps toward implementing DX strategies.

Understanding these pressing issues, Forval is stepping in with tailored DX support for local businesses through this collaboration with Higashiura Town and its Chamber of Commerce. The fundamental objective is to identify each enterprise's unique operational situation and digital utilization status, allowing for customized guidance aimed at improving operational efficiency, alleviating workforce shortages, and fostering the creation of new value.

Details of the Support Program

Forval's DX support initiative will focus on approximately 50 member businesses of the Higashiura Chamber of Commerce, offering several key services:

1. In-Depth Business and DX Diagnosis
Forval's team of specialists will conduct on-site visits to assess each business's DX readiness, alongside factors such as financial stability, human resources, and adaptability to environmental changes. The diagnosis will be thorough and multifaceted, providing a clear picture of the company's current standing.

2. Feedback on Diagnosis Results
Following the assessment, results will be visualized using radar charts and comprehensive scores. This feedback will help each business pale the priority areas for improvement and outline specific strategies to address these challenges. The proposed improvement steps will encompass not only DX promotion but also price adjustments, workforce development, and ESG (Environmental, Social, and Governance) compliance.

3. Ongoing Support for Implementation
Utilizing the results from the initial diagnosis, Forval will provide continuous support to businesses with high support needs. This may include standardization and digitization of business processes, human resource development, and strengthening organizational foundations. Forval’s decades of experience in consulting will be pivotal in assisting companies from problem identification to execution and consolidation of changes.

About Forval Inc.

Founded in September 1980 and publicly traded under the code 8275, Forval Inc. specializes in providing consulting services aimed at SMEs. The company offers a range of services across five key areas: information communication, international business, environmental strategies, human resource and educational support, and entrepreneurship or business succession. Through its unique model of 'Corporate Doctors,' Forval effectively addresses management challenges, offering visible improvement proposals and practical execution support tailored to enhance corporate value, including ESG management, human capital management, and DX/GX initiatives.

Moreover, as part of its regional revitalization strategy, the 'F-Japan Initiative,' Forval actively works on developing collaborative regional models involving municipalities, private enterprises, educational institutions, and financial organizations.

For more inquiries regarding Forval’s municipal projects, please visit their website: Forval.