#Japan #Shibuya #DX Project #Foval #Yamaguchi Foundation

Foval Secures Contract for DX Expert Dispatch Project

Foval Co., Ltd., based in Shibuya, Tokyo, has announced that it has successfully secured the contract for the "DX Expert Dispatch Project" for the 8th fiscal year, granted by the Yamaguchi Foundation for Industrial Promotion. This marks the fifth consecutive year that Foval has undertaken this crucial initiative.

Background and Objectives of the Project

Small and medium-sized enterprises (SMEs) in Yamaguchi Prefecture are currently facing numerous challenges, including a shortage of workforce, rising costs, and evolving business environments. In this context, the necessity for Digital Transformation (DX) is becoming increasingly recognized. However, many companies are struggling to implement DX due to issues such as lack of manpower, difficulty in securing budgets, and uncertainty regarding their strategic approach.

The root cause of these challenges often lies in inadequate organization and visualization of business operations and data, hindering firms from designing DX strategies that suit their unique contexts. To address these issues, the DX Expert Dispatch Project aims to provide comprehensive support through mentoring by DX specialists. This support extends from organizing management challenges and visualizing operations and data to developing strategies and facilitating IT implementation and utilization. The ultimate goal is to enable businesses to independently cycle through planning, execution, and improvement, thus establishing a framework for ongoing DX promotion.

Key Components of the Project

The project encompasses several significant initiatives, including:

• - Participating in review boards for selecting support companies.
• - Delivering tailored assistance to targeted companies. This includes comprehensive support that spans from understanding the current situation through the creation of business workflows, to identifying challenges, formulating plans, and measuring outcomes post-matching with IT vendors.

The approach aims to ensure that SMEs receive integrated support throughout the DX journey, thereby enhancing their productivity and sustainable growth potential.

About Foval Co., Ltd.

Foval Co., Ltd. (TSE Standard: 8275) specializes in providing running counseling primarily for small and medium-sized enterprises. The company offers management support services across five major domains: information and communication, international business, environment, human resources and education, and entrepreneurship and business succession. Utilizing a unique "Corporate Doctor" model—essentially a next-generation management consultant—Foval offers an all-encompassing service from visualizing management issues to proposing improvements and providing execution support. The firm is dedicated to enhancing corporate value and advancing practices in ESG management, human capital management, and DX/GX initiatives.

Moreover, under the local revitalization strategy named the "F-Japan Concept," Foval is working to establish collaborative regional models and facilitate horizontal expansions in partnership with local governments, private enterprises, educational institutions, and financial organizations.

Company Overview

• - Company Name: Foval Co., Ltd.
• - Representative: President Masanori Nakajima
• - Established: September 18, 1980
• - Location: 14th Floor, Aoyama Oval Building, 5-52-2 Jingumae, Shibuya, Tokyo 150-0001
• - Website: For further details, please visit the company's website.