Mynavi has established subsidiaries in Vietnam and Indonesia as part of its strategy to expand its business in the Asian market.
Vietnam and Indonesia are countries with remarkable economic growth, large populations, and diverse consumer needs.
By establishing subsidiaries in these countries, Mynavi is aiming to become a social innovator that solves global problems and to accelerate its overseas investment business, primarily in Asia.
Mynavi Vietnam Co., Ltd.
Date of establishment
Location
May 7, 2024
Level 1, cirCO Building, No. 63A Nam Ky Khoi Nghia,
Ben Thanh Ward, District 1, Ho Chi Minh City, Vietnam
Business description
・Research
・Investment sourcing activities
・Head office support (monitoring and support for business and management aspects of local investment targets, such as local subsidiaries and investees)
Representative – General Director Yasuhiro Miyamoto 
Investments in Vietnam were some of Mynavi’s first overseas activities, and, as of 2024, Mynavi has invested in two group companies (ITVIEC JOINT STOCK COMPANY and NAL Solutions Joint Stock Company), one affiliate company (TopCV Vietnam Joint stock company), and more than five other investee companies.
With the launch of this local subsidiary, we hope to achieve two things:
The first is to provide full-scale business support to Mynavi’s investee companies so that they can add even more value to society.
The second is to create a service infrastructure that can enrich both people and society, with an eye towards expanding into education, BPO, and healthcare while still focusing on the HR business that has been Mynavi’s strength up until now.
In Vietnam as well, we are aiming to realize Mynavi’s purpose “To create a world that envisions the future by engaging individual potential,” we hope to work together while proactively communicating with everyone involved, and we appreciate your continued support.
PT Mynavi International Indonesia
Date of establishment
Location
May 20, 2024
Menara Astra, Lantai 37, Jalan Jenderal Sudirman Kaveling 5-6,
Kelurahan Karet Tengsin, Kecamatan Tanah Abang, Kota Administrasi
Jakarta Pusat, Provinsi Daerah Khusus Ibukota Jakarta
Business description
・Investment activities for local startups and funds
・Hands-on support for investment targets
・New business development in collaboration with head office divisions
・Governance oversight functions for other overseas locations
Representative –President Director Kosuke Nakamura
Indonesia has a population of approx. 270 million, an average age of 29, and is one of Asia’s leading growth markets, with a GDP that is predicted to be the fourth largest in the world by 2050. However, there are also numerous challenges in terms of human resources and employment, such as the 17,000 islands that compose its territory and inadequate linkages from education to employment.
Facing these social issues head-on, Mynavi has set a vision of “Establish a trusted career infrastructure through support in education and employment,” and is strengthening its investments and business support for local HR and education startups by leveraging the knowledge of the HR field that it has cultivated in Japan.
In addition to the HR and education industries, Mynavi is also actively investing in sectors that contribute to increasing its corporate value, and is aiming to create business synergies by mutually complementing and scaling Indonesia’s local strengths and Mynavi’s own strengths.
Until now, Mynavi has been conducting its local operations as a representative office, but, with the establishment of this corporation, we hope to accelerate our investment and hands-on operations and contribute to creating a society where the people of Indonesia can envision an image of what they want to be and who they want to become.
By establishing subsidiaries in Vietnam and Indonesia, we hope to increase our competitiveness in the Asian market and fulfill our social responsibilities.
We appreciate your continued support and expectations for Mynavi’s businesses.