#Japan #Fintech #Tokyo #tax refund #Ocean Corporation

Ocean Corporation Strengthens its Structure for Upcoming Tax Exemption Reforms

In light of the significant reform to the tax exemption system set for November 2026, Ocean Corporation (based in Chuo, Tokyo and led by CEO Ryo Hoshino) has announced initiatives to bolster its organizational structure to better adapt and expand its business. This reform marks a shift from the traditional "purchase exemption" model to a new "refund model" which necessitates changes in operational design and system integration across tax-exempt stores nationwide. As Japan's inbound market continues to grow, with a forecast of 42.68 million travelers and spending of approximately 9.5 trillion yen by 2025, the importance of tax refund and exemption services has skyrocketed.

Strengthening Organizational Structure to Adapt to Tax Exemption Reform

To enhance the range of merchants, develop innovative products, and establish new partnerships, Ocean Corporation is implementing the following initiatives:

1. Founder Story Published on Note
The first step was to share the entrepreneurial journey of CEO Ryo Hoshino through an article on Note, a platform designed for creative expression and idea sharing. This personal narrative reflects Hoshino's aspirations to foster change and innovation within Ocean based on his previous experiences. You can find the story here.

2. Employee Interviews on the Company Career Page
Two interviews featuring current employees have been published on Ocean's career page, highlighting their roles, daily responsibilities, and the company culture. These articles provide insights into the real experiences of working at Ocean beyond what is visible through the company's business objectives. The interviews showcase the diversity of roles, from finance and HR to customer support operations. You can read them here and here.

3. Launch of Career Recruitment on Doda
In partnership with Persol Career, Ocean has kicked off their recruitment campaign on Doda. This initiative seeks to bring in new talent to introduce the refund-based exemption systems to potential partner retailers. Interested candidates can find more details about the hiring positions on the Doda page here.

Opportunities and the Value of Working at Ocean

The current shift in Japan's tax exemption system represents not just a regulatory change but a significant opportunity for growth and innovation. Employees at Ocean can expect to engage in the intersection of FinTech, tourism, and retail, contributing directly to enhancing the shopping experience for inbound visitors to Japan. By refining protocols to ensure seamless service delivery, every team member holds the potential to impact both the company’s trajectory and the larger tourism ecosystem positively.

In CEO Ryo Hoshino's words, "We aspire to define shopping experiences for inbound visitors, ensuring it's seamless and enjoyable. The upcoming tax system reform is a pivotal moment in Japan's tourism landscape, allowing us to improve service not just for visitors but also for storefronts across the nation."

Introducing Ocean Tax Refund

Ocean’s flagship service, the Ocean Tax Refund, is a cutting-edge solution designed to fully comply with the impending tax exemption reforms. Key features include:

• - Zero Initial Costs: No upfront fees or fixed monthly charges for merchants.
• - Multi-Lingual Support: The world’s first "Tax Refund LINE Mini-App" offers a smooth multilingual experience for visitors, ensuring accessibility for diverse nationalities.
• - Automation of Operations: Employing AI and OCR technologies to streamline everything from managing purchase data to generating application information.

About Ocean Corporation

Founded with the mission of "making the shopping experience for inbound tourists more flexible," Ocean Corporation is dedicated to enhancing the value of Japan's tourism by creating advanced tax refund and shopping platforms. Since its establishment in 2024, it has formed partnerships with major media outlets, OTAs, and social media platforms, providing essential tax exemption services nationwide.

• - Company Name: Ocean Inc.
• - CEO: Ryo Hoshino
• - Location: 5th Floor, Fujiya Building, 2-6-5 Ginza, Chuo-ku, Tokyo, Japan
• - Founded: 2024
• - Capital: 138.04 million yen
• - Tax Exemption Authorization Number: 1-0100-0124-5294-0140-0001
• - Website: ocean.inc

As the company gears up for these transformative changes, it invites passionate individuals to join their journey to innovate the shopping experience for the global community.