#Japan #Ishikawa #ABEYAS #Mizusawa Shinkin #FORVAL Group

FORVAL Group's Strategic Partnership with Mizusawa Shinkin Bank

On June 9, 2025, ABEYAS, a subsidiary of the FORVAL Group, officially signed a business partnership with Mizusawa Shinkin Bank. This collaboration aims to address various pressing issues faced by small and medium-sized enterprises (SMEs) in the Iwate Prefecture, specifically in the Tohoku region. Both organizations share a vision of creating a new paradigm for local businesses, represented by ABEYAS’s philosophy of 'creating a new world with a new normal.'

Background of the Partnership

Currently, SMEs in the Tohoku region are grappling with multiple challenges, including improving profitability, tackling labor shortages, and enhancing operational efficiency through digitalization. Recognizing these challenges as vital to the well-being of the entire community, ABEYAS and Mizusawa Shinkin Bank have highlighted boosting profitability as a critical priority. This partnership signifies a commitment to addressing the urgent needs of local enterprises and fostering their sustainable growth.

With a foundation of trust established over the years, Mizusawa Shinkin Bank, known for its strong ties with local businesses, and ABEYAS, recognized for its expert know-how in management support, have agreed to work collaboratively towards sustainable growth and economic revitalization of the region.

Key Aspects of the Partnership

The recent partnership agreement between ABEYAS and Mizusawa Shinkin Bank lays the framework for a support system that addresses critical management challenges faced by local SMEs. Among these challenges are strategies for mitigating labor shortages and improving operational efficiency through digital transformation.

Mizusawa Shinkin Bank will leverage its regular interactions with local businesses to identify those facing challenges and refer them to ABEYAS. Subsequently, ABEYAS will utilize its expertise in management consulting to provide comprehensive, supportive assistance from problem identification to resolution, adopting a collaborative, hands-on approach.

Through this initiative, both organizations aim to contribute to sound management practices among SMEs and stimulate economic vitality in the Tohoku region. Their ultimate goal is to create a sustainable growth model tailored to the local context.

About ABEYAS

Founded on July 1, 1923, ABEYAS (incorporated as a corporation in 1968) has been dedicated to providing value through products and services essential for office environments over the past century. The company has adapted to changing times, promoting the integration and utilization of ICT and IoT while aligning with next-generation office design, workplace furniture, office automation equipment, and consulting on work styles.

ABEYAS emphasizes environmentally friendly products and services that leverage digital technology. They aim to create safe and reliable working environments while enhancing health management through visible and analyzable 'sustainable management.' As part of their future strategy, ABEYAS will offer information and communication devices to SMEs within Iwate Prefecture, focusing on their optimal use to drive corporate benefits.

About the FORVAL Group

The FORVAL Group (Ticker: 8275), led by CEO Masanori Nakajima, is a next-generation management consulting firm specializing in ESG management support. It focuses on five key areas of consulting: information communication, international markets, environmental stewardship, human resources and education, and entrepreneurship/business succession. The Group actively collaborates with local governments, private enterprises, educational institutions, and financial agencies across Japan to cultivate human resources adept in digital transformation (DX) and green transformation (GX).

The FORVAL Group is committed to the 'F-Japan' initiative, which aims to empower the local economy through a cycle of nurturing talent and fostering sustainable regional development. As part of this initiative, they are increasingly focused on enhancing the visibility and support of ESG management, contributing to the long-term revitalization of Japan’s regions.

For more information about ABEYAS and FORVAL, please visit their respective websites.