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

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

News

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

2025-08-27 09:59 Last Updated At:10:11

NAGOYA, Japan--(BUSINESS WIRE)--Aug 26, 2025--

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.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250826570886/en/

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.

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

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

WASHINGTON (AP) — More than a year before an American military operation deposed Nicolás Maduro, a senior aide to President Donald Trump argued that the Venezuelan leader had been dispatching gang members into the United States.

"If you’re a dictator of a poor country with a high crime rate, wouldn’t you send your criminals to our open border?” Stephen Miller told reporters in the closing stretch of Trump's 2024 comeback campaign.

Miller now serves as the White House chief of staff for policy, where he plays a prominent role in promoting Trump's policy agenda. His bombastic style and zero-sum worldview have made him a lightning rod within the administration. Critics argue that Miller’s rhetoric about foreign nations and immigrants echoes racist and imperialist ideas that have undergirded military actions by the U.S. and other nations for centuries.

A joint statement from the governments of Spain and five Latin American countries following the Venezuela operation called for countries in the region to engage in “mutual respect, the peaceful settlement of disputes, and nonintervention,” while Sen. Bernie Sanders, I-Vt., called the administration's Venezuela policy “old-fashioned imperialism.”

“Advocating for policies that put American citizens first isn’t racist. Anyone who says so is either intentionally lying or just plain stupid,” said White House spokesperson Abigail Jackson.

Here's a look at how Miller laid the rhetorical groundwork for this month's attack on Venezuela and what his comments say about the administration's broader worldview.

Shortly after the U.S. operation that captured Maduro, Miller wrote on social media: “Not long after World War II the West dissolved its empires and colonies and began sending colossal sums of taxpayer-funded aid to these former territories (despite have already made them far wealthier and more successful). The West opened its borders, a kind of reverse colonization, providing welfare and thus remittances, while extending to these newcomers and their families not only the full franchise but preferential legal and financial treatment over the native citizenry. The neoliberal experiment, at its core, has been a long self-punishment of the places and peoples that built the modern world."

Two weeks before Maduro's arrest, Miller in December echoed arguments by Trump that the Venezuelan oil industry was stolen from American oil companies:

“American sweat, ingenuity and toil created the oil industry in Venezuela. Its tyrannical expropriation was the largest recorded theft of American wealth and property. These pillaged assets were then used to fund terrorism and flood our streets with killers, mercenaries and drugs,” Miller wrote on social media.

Miller in January claimed to reporters that U.S. military power had ensured compliance from the Caracas government.

“We have an oil embargo in Venezuela for them to do any kind of commerce. They need our permission. We have our massive fleet or armada still present there. This is an active and ongoing U.S. government military operation, and so, of course, we set the terms and conditions," Miller said.

He added: “Our conversations are that we are very much getting full, complete and total cooperation from the government of Venezuela, and as a result of that cooperation, the people of Venezuela are going to become richer than they ever have before. And of course, the United States is going to benefit from this massively in terms of economic, security and military cooperation, counter-narcotics, counterterrorism and every other dimension of our security."

During a wide-ranging January interview with CNN’s Jake Tapper, Miller repeatedly argued for the primacy of American power and criticized the international order the U.S. once led.

“You can talk all you want about international niceties and everything else. But we live in a world, in the real world, Jake, that is governed by strength, that is governed by force, that is governed by power. These are the iron laws of the world," said Miller.

Miller also dismissed concerns that Trump's vows to take Greenland from Denmark, a fellow member of the NATO military alliance, may trigger a military conflict with Europe.

“Nobody’s going to fight the United States militarily over the future of Greenland," said Miller.

In the same interview, Miller said it would be “absurd and preposterous” and “not even a serious question” to propose the administration support Venezuelan opposition leader María Corina Machado's bid to lead the country because the military would not back her.

Tapper then asked whether the South American country should hold elections.

Miller replied: “The United States is using its military to secure our interests unapologetically in our hemisphere. We’re a superpower, and under President Trump, we are going to conduct ourselves as a superpower. It is absurd that we would allow a nation in our own backyard to become the supplier of resources to our adversaries, but not to us, to hoard weapons from our adversaries, to be able to be positioned as an asset against the United States, rather than on behalf of the United States.”

The anchor pressed Miller on whether sovereign countries had the right to conduct their own affairs.

Miller explained the administration’s stance: “The Monroe Doctrine and the Trump Doctrine is all about securing the national interest of America. For years, we sent our soldiers to die in deserts in the Middle East to try to build them parliaments, to try to build them democracies, to try to give them more oil, try to give them more resources. The future of the free world, Jake, depends on America being able to assert ourselves and our interests without apology." He called for an end to "This whole period that happened after World War II, where the West began apologizing and groveling and engaging in these massive reparations schemes.”

He also defended the administration's operation and echoed his past claims that Maduro had sent criminals into the U.S.: “We’re not going to let tinpot communist dictators send rapists into our country, send drugs into our country, send weapons into our country."

Miller has returned to promoting the administration's stance on domestic issues like immigration and partisan politics.

On Tuesday, following nationwide protests after an Immigration and Customs Enforcement officer shot and killed a woman in Minnesota, Miller wrote on social media: “Americans voting overwhelmingly for mass deportation. Congress passed laws requiring it and then passed new legislation to fully fund it. The response of the Democrat Party and its activists has been to support and orchestrate violent resistance against federal law enforcement.”

He later added in a separate post, “In case it isn’t clear by now, if Democrats won they would have made every city into Mogadishu or Kabul or Port-au-Prince."

FILE - United States Homeland Security Advisor Stephen Miller reacts on the sidelines of the ASEAN Summit in Kuala Lumpur, Malaysia, Sunday, Oct. 26, 2025. (AP Photo/Mark Schiefelbein), File)

FILE - United States Homeland Security Advisor Stephen Miller reacts on the sidelines of the ASEAN Summit in Kuala Lumpur, Malaysia, Sunday, Oct. 26, 2025. (AP Photo/Mark Schiefelbein), File)

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