Transcosmos expands revenues

Transcosmos Inc. the biggest Japanese business process outsourcing company aims to expand revenues from overseas operations by 20 percent.

Transcosmos Asia Philippines Inc., a wholly-owned unit of Transcosmos Inc., the entry of the company in the Philippines as a new source of talent and workforce was part of their plan to increase their revenues.

According to Hideki Yamashita, Transcosmos Asia Philippines President, said that the company was pursuing a four-year strategic plan to expand business in the Philippines.

“We are not competing with other BPO companies. We have our own market and we are happy serving our client. We expect sales to grow 20 percent in four years,” Yamashita added during the company’s inauguration at Ortigas Center in Mandaluyong City.

In 2013, Tokyo-listed transcosmos registered sales of $1.8 billion. The 10 percent of earnings of the company was generated from overseas operations in countries like Korea, China, and members of the Association of Southeast Asian Nations. However the majority of the revenues are still generated from base operations in Japan since the bulk of accounts are mostly Japanese clients.

In the next four years, Transcosmos has set its plans to expand to other cities other than Manila. The Cities was namely Cebu, Davao, and Iloilo.

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