Forval Partners with Daiwa Bank to Support SMEs in Niigata

Forval Partners with Daiwa Bank: A New Era for SMEs in Niigata

In a groundbreaking Development, Forval Inc., a company based in Shibuya, Tokyo, has entered into a memorandum of understanding with Daiwa Bank. The aim? To fortify operational capabilities of small and medium-sized enterprises (SMEs) in the Niigata Prefecture through focused consultancy aimed at implementing GDX (Growth Digital Transformation) strategies, emphasizing the significance of Environmental, Social, and Governance (ESG) practices in managing enterprises.

The Challenges for SMEs Today

In the present landscape, many SMEs are grappling with labor shortages and the over-reliance on individual expertise, diverting attention from critical strategic decisions to daily operational tasks. Moreover, factors such as rapid digitalization, changing social structures, and increasingly diverse consumer needs further complicate their business environment. To navigate these complexities, SMEs require external specialized support and stronger local collaborations like never before.

Recognizing this dire necessity, Forval plans to leverage its expertise along with Daiwa Bank to provide comprehensive management improvement assistance specifically tailored for the SMEs in Niigata. This initiative focuses on making visible the management challenges these businesses face while creating actionable solutions to facilitate sustained growth.