OKI and FPT Announce Capital and Business Alliance to Strengthen Global Strategic Partnership

TOKYO, December 26, 2024–(BUSINESS WIRE)–OKI (TOKYO: 6703) has entered a strategic partnership with global technology corporation FPT, through its subsidiary FPT Japan, agreeing partial ownership of OKI’s two software development subsidiaries in China. The collaboration is set to accelerate software development capabilities and drive global business expansion for both companies.

Under the agreement, starting April 1, 2025, Oki Data Dalian Co., Ltd. and OKI Software Technology Co., Ltd. will be rebranded as FPT OKI Dalian Limited Liability Company and FPT OKI Changzhou Limited Liability Company, respectively. FPT Japan will hold a 65% stake, while OKI will retain 35%. This initiative also aligns with OKI’s Medium-Term Business Plan 2025, which focuses on restarting overseas business, optimizing global offices, and building strategic global partnerships to enhance long-term resilience in today’s complex economic environment.

By combining FPT’s global reach and technological prowess with OKI’s industrial expertise in social infrastructure, the partnership will provide advanced software solutions to global markets, with an initial focus on Japan, China, and the ASEAN region. The joint entities will prioritize developing innovative, high-efficiency business models powered by FPT’s AI-driven ecosystem to enhance business continuity, mitigate risks, and enable sustainable growth. This also includes talent development, tapping into FPT’s capabilities in AI, ERP, automotive technology, and digital transformation to cultivate a highly skilled, future-ready workforce that will drive joint initiatives and capitalize on emerging growth opportunities.

“2024 marks a year of significant growth for FPT in the Japanese market, driven by major contracts, strategic investments, and the opening of new offices. Our partnership with OKI reflects a shared commitment to leveraging technology as a catalyst for both business transformation and societal advancement,” said Do Van Khac, FPT Software SEVP and FPT Japan CEO, FPT Corporation.

“This collaboration also marks the start of FPT’s ongoing support for restarting overseas business as outlined in OKI’s Medium-Term Business Plan 2025, paving the way for impactful global expansion. By combining OKI’s deep market insights with FPT’s technological expertise and experience in delivering large-scale projects, we are well-positioned to deliver innovative solutions that address evolving market needs and enable companies across industries to achieve operational excellence and business agility,” he added.

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