EY Japan Integrated Report 2023

Client highlight

Climate change, declining biodiversity, depleted resources. Geopolitical risks are rising and technologies such as generative AI continue to evolve at a breathtaking speed. The management issues being tackled by companies are now the same issues facing society. By embracing our purpose of Building a better working world, EY brings together professionals skilled in areas such as assurance, consulting, law, strategy, tax, and transactions. Our people work every day to create long-term value with all stakeholders, including companies, entrepreneurs, governments, NGOs, and our alliance partners.

Sustainability engagements delivered (Global) Over 5,000 clients
Five-year cumulative audit market share of IPOs (Japan) #1

Supporting Sustainability

In recent years, society has increased expectations of companies in areas such as the environment, including preventing and responding to climate change, as well as human resources development, social contribution and governance. We have more than 20 years of experience delivering sustainability and ESG-related services to clients around the world. As momentum for achieving SDGs accelerates, EY Japan provides services addressing areas such as biodiversity and human rights across the entire supply chain, as well as our longstanding core service offering of climate change and sustainability services (CCaSS). Our actions are not limited to supporting our clients: we are already working to resolve sustainability issues within our own organization. We are leveraging our extensive track record and specialized skills to support the sustainable growth of our clients through one-stop solutions which span strategy formulation to operations and management using data technology and non-financial information disclosure.

Press release

EY and Microsoft announce expanded alliance to help businesses achieve net-zero goals

LONDON, 19 OCTOBER 2022. The EY organization and Microsoft today announce a deepened strategic relationship to further develop ESG data management offerings that support clients with achieving operational decarbonization and net-zero goals.

20 Oct 2022 London GB

Human Capital Support

In the modern business environment, a company’s management and market value are greatly affected by not only its financial performance, but also its non-financial value such as its people, brand power and social impact. There is increasing focus on human capital as a source of sustainable growth. EY teams, who have practical and up-to-date knowledge in this area, provide integrated human capital-related services that focus on four areas: human capital visualization, reskilling, building an autonomous marketplace where middle-aged and older employees can thrive, and change management.

Digital Technology

As Japan’s population declines, there will be a need to make full use of data and cutting-edge technology to realize sustainable corporate growth and create innovation for the future. We are implementing various initiatives and services that ensure reliability and quality by bringing together people and technology.

Real-Time Audits Driving the Future of Audit

In March 2023, Ernst & Young ShinNihon LLC implemented the full-scale rollout of Real-Time Connect, which is one of the core components of Assurance 4.0, next-generation auditing methodology. Real-Time Connect maintains a constant connection with a client’s IT systems and can carry out financial analysis and identify risks on a timely basis. It will be used to realize real-time auditing that makes use of the latest digital technologies, including anomaly detection algorithms (AI-based machine learning).

Child Protection Intelligence Platform (CPIP)

We have started providing installation, consulting and verification testing services in Japan for the Child Protection Intelligence Platform (CPIP), a data analysis platform for local government and public institutions which are engaged in the handling and coordination of information and data related to children. This platform uses cutting-edge technologies such as business intelligence (BI) and AI to provide risk analysis and propose support measures; its alert function enables collaboration between all people engaged in providing support for children, resulting in better ongoing support. We aim to use digital technology to achieve a child-friendly society in Japan where no child is left behind.

Press release

EY Japan completes construction on metaverse counterpart of Torikai Hachimangu Shrine to support new activities

EY Japan (headquartered in Chiyoda, Tokyo; Chairperson & CEO: Moriaki Kida) announces that it has completed the construction of a metaverse counterpart of Torikai Hachimangu Shrine (location: Chuo Ward, Fukuoka City).

1 Jun 2023 Tokyo JP

EY announces global launch of EY Nexus for financial services as part of a 3-year, US$10b investment in technology, strategy and people

LONDON, 12 OCTOBER 2022. EY today announces that it has expanded its technology ecosystem with the launch of business transformation platform, EY Nexus, which is optimized for financial services and designed for rapid deployment of new products and solutions.

19 Oct 2022 London GB

EY wavespace™

EY wavespace is an environment that empowers problem-solving by clients and provides experiences that inspire innovation. At its core are human resources and business results. With people-centric design and collaboration at the core of our methodology, we engage in discussions with our clients while encouraging their creativity to support them in examining issues and developing solutions. In FY23, we provided a learning experience that helps children explore the way that they think by combining reasoning with design thinking to pursue better solutions. This initiative was carried out as part of Ripples, EY’s global CR program.

The EY Partner Ecosystem

We are creating new customer value through collaborations within the EY Partner Ecosystem. We aim to build a better working world by using the power of people and technology to inspire true business transformation.

Press release

EY and Microsoft announce expanded alliance to help businesses achieve net-zero goals

LONDON, 19 OCTOBER 2022. The EY organization and Microsoft today announce a deepened strategic relationship to further develop ESG data management offerings that support clients with achieving operational decarbonization and net-zero goals.

20 Oct 2022 London GB

Managed Services

Integrating a company’s entire functions while also adapting to regulatory changes is extremely difficult. A company can deplete its resources in terms of time, personnel and budget by implementing a cycle of reforms and rebuilding in response to crises caused by inefficient operations, at a time when it should be investing in innovation and growth. EY Managed Services builds a platform for long-term, sustainable growth by leveraging data and technology, informed by insight from relevant industries, to focus on achieving specific results, leading to a true transformation of head office functions.

Press release

EY to centralize bookkeeping, accounting and payroll outsourcing services, further enhancing and expanding its professional service offerings

We hereby announce that EY Business Partner Co., Ltd. (Headquarters: Chiyoda-ku, Tokyo; Representative Director: Kenji Kasahara; hereinafter “EYBP”) will be the sole provider of the outsourcing services for bookkeeping, accounting and payroll which were previously provided by both EYBP and Ernst & Young Tax Co. as of 1 July 2022 and that these services will be immediately available to our clients.

1 Jul 2022 Tokyo JP

Supporting Entrepreneurs and Startups

We provide various forms of support for the startup companies and entrepreneurs that are driving Japan’s economic growth.

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