Today, the changing business landscape is propelling the need for outsourcing in Japan. With ever-increasing globalization, the ability for Japanese businesses to be flexible and agile in their approach to business has become imperative. Japanese companies are increasingly making the same strategic decisions as the U.S. and Europe - they are using outsourcing/shared services for their business solutions and to meet their business needs faster, cheaper and smarter.
In 2003, approximately 15% of the companies listed on the Tokyo stock exchange were considering the implementation of shared services. Today, that number has increased to over 71%.
Due to the challenges the Japan economy has faced in the last 36 months, the outsourcing market in Japan is expanding and now is experiencing the revolution that was seen 10 years ago in Europe and the US.