FPT and Smart Holdings Launch Joint Venture to Support Digital Transformation in Japan’s Manufacturing Sector

NAGOYA, Japan--(BUSINESS WIRE)--Global IT Corporation FPT has entered a joint venture with Smart Holdings Co., Ltd. (Smart Holdings), a leading Japan-based IT solutions provider specializing in the manufacturing sector, to establish FPT Smart Technologies Japan Co., Ltd. (FST-Japan). Headquartered in Nagoya, the joint venture aims to accelerate digital transformation across Japan’s manufacturing industry, with a strategic focus on the automotive sector.

FPT and Smart Holdings have restructured their collaboration into a joint venture, with FPT acquiring a 49 percent stake and Smart Holdings retaining 51 percent. The partnership addresses rising demand for digital transformation in Japan’s manufacturing sector, driven by trends such as Software-Defined Vehicles (SDVs), carbon neutrality, and Mobility as a Service (MaaS). FPT brings advanced technical expertise in AI, digital engineering, and vision-language models, while Smart Holdings contributes deep knowledge of Japan’s manufacturing industry and strong ties with leading automotive companies.

FST-Japan will initially focus on projects with a major automotive company, with plans to expand to additional automotive clients in the future. Key priorities include digitizing design drawings, enhancing solution proposals, and supporting manufacturers in meeting stringent quality, cost, and delivery (QCD) standards. Over the next five years, the company anticipates generating approximately USD 20 million (JPY 3 billion) in business opportunities.

“The establishment is a part of our long-term vision to advance digitalization within Japan’s industrial landscape, particularly in the mobility sector,” said Do Van Khac, FPT Software Senior Executive Vice President and FPT Japan Chief Executive Officer, FPT Corporation. “By uniting FPT’s global technology capabilities and Smart Holdings’ deep-rooted expertise in automotive, we are uniquely positioned to deliver intelligent, high-impact solutions that enable smarter operations and accelerate the shift toward sustainable, next-generation systems.”

Koichiro Sato, President and CEO, Smart Holdings, stated: “We will create new value by combining a global perspective and world-class manpower with Japan’s quality and on-site capabilities, delivering innovative services to manufacturers, especially automotive clients.”

Building on its strong track record in Japan, FPT brings deep local experience and global scale to the new joint venture, particularly in the automotive domain, one of its five strategic pillars. Leveraging its two decades of expertise in automotive technology, the corporation established a dedicated automotive subsidiary in 2023 and now operates a global network of 5,000 engineers serving top OEMs, Tier-1 suppliers, and chipmakers. Its commitment to delivery excellence is reflected in adherence to international standards such as ISO 26262, ISO/SAE 21434, A-SPICE Level 3, and TiSAX, positioning the company as a trusted partner in driving digital transformation across the next generation of mobility.

About FPT Corporation

FPT Corporation (FPT) is a globally leading technology and IT services provider headquartered in Vietnam and operates in three core sectors: Technology, Telecommunications, and Education. Over more than three decades, FPT has consistently delivered impactful solutions to millions of individuals and tens of thousands of organizations worldwide. Committed to elevating Vietnam’s position on the global tech map and delivering world-class AI-enabled solutions for global enterprises, the Corporation focuses on three critical transformations: Digital Transformation, Intelligence Transformation, and Green Transformation. In 2024, FPT reported a total revenue of USD 2.47 billion and a workforce of over 54,000 employees across its core businesses. For more information about FPT's global IT services, please visit https://fptsoftware.com/.

About Smart Holdings Co., Ltd.

Company Name: Smart Holdings Co., Ltd.
Head Office: 8F, A-PLACE Shinagawa, 1-8-40 Konan, Minato-ku, Tokyo, Japan
Website: https://www.smart-group.co.jp/

Under the vision of “Enhancing global manufacturing and innovation through IT knowledge and technologies,” Smart Holdings and its group companies (collectively, the Smart Group) are committed to supporting the ongoing evolution and innovation of the automotive industry amid major changes such as the rise of MaaS (Mobility as a Service), the emergence of smart mobility societies, and the development of new-generation vehicles represented by CASE (Connected, Autonomous, Shared, Electric). The Smart Group combines technical strength, a worldwide network, and comprehensive capabilities with the operational knowledge and technologies cultivated with clients since its founding, aiming to deliver new value.