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Japan is to introduce its own version of Sarbanes-Oxley regulations in 2008 and the company believes it can replicate its US success in Japan.
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| Consulting-Times E-zine
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Huron Consulting Group opens office in Tokyo
Huron Consulting Group has opened its first international office in Tokyo, Japan.
“We believe that Japan represents a significant opportunity for Huron,” said Gary E. Holdren, chairman and chief executive officer, Huron Consulting Group, adding that Japan is the second largest business community in the world, with more Global 1000 companies in Tokyo than any other city in the world.
More importantly for the company, Japan will adopt its own version of Sarbanes-Oxley in 2008. Known as JSOX, implementation of new corporate procedures and systems will create many of the same consulting opportunities that have existed in the United States during the past five years.
“We have hired three experienced senior executives, formerly with Arthur Andersen to help us start a firm in Japan that will try to replicate the kind of growth and success Huron has experienced in the US since its founding,” said Holdren.
Over time, Huron said it will offer a broad portfolio of service offerings and it believes that many services it offers in the US can be replicated in Japan.
The new office will be led by Yuji (Kurt) Yamamoto. He will be joined by Masaaki Ikeda and Shusuke Taruta. They have been named managing directors of the Company.
“My colleagues and I are delighted to be joining the Huron team,” said Yuji Yamamoto, managing director, Huron Consulting Group. “There is a significant opportunity for us to build a solid, growing office in the marketplace, and we believe that Huron's success in the United States can be replicated here in Japan.”
Yuji (Kurt) Yamamoto comes to Huron from Kokusai Motors Inc., one of the largest transportation companies in Japan, where he served as president and CEO during the company's turnaround. Prior to Kokusai Motors, he was a president at ASG Advisors Inc., a member of Grant Thornton, providing turnaround business services to the local market. During his career, he was also a practice managing partner for Arthur Andersen's Business Consulting unit. He is a member of Japanese Institute of Certified Public Accountants (JICPA) and the Japan Association of Corporate Executives. Yamamoto received his MSA from Nihon University.
Masaaki Ikeda comes to Huron from BearingPoint, where he served as a managing director and CPG/Retail industry team leader. He specializes in strategic and operational consulting services in industries such as financial, retail, manufacturing, services, distribution, and telecom. He also has experience in restructuring distressed companies, implementation of organizational change, post merger integrations, new business planning, IPO assistance, and information system development. Ikeda, who received his BA from Waseda University, started his career with Arthur Andersen.
Shusuke Taruta comes to Huron from Ernst & Young, where he was an executive director providing business and tax related advisory services, including outbound investment support and transfer pricing advisory services to clients. During his career, he has held a regional director position of the Japanese business practice in Coopers & Lybrand (currently PricewaterhouseCoopers) focused on business advisory services across industries, including the Japanese automotive industry in the United States. He began his professional career with Arthur Andersen. He received his MBA from Rosary College.
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