Accenture has acquired Japanese firm Yumemi in a continued bid to expand the market footprint of Accenture Song, its design and digital products unit. The terms of the acquisition, still subject to customary closing conditions, were not disclosed.
In a statement on the Japanese acquisition Thursday, Accenture noted recent forecasts from Research and Markets of a $1.8 trillion global digital transformation market by 2028. The company also cited an IDC Japan study anticipating a 9.6 percent compound annual growth rate for the market by 2028.
Creative Workforce Integration
Accenture Song will absorb Yumemi’s 400 employees in Japan, following the same integration Work & Co‘s creative U.S. team went through following its acquisition early last year.
Atsushi Egawa, Accenture Japan CEO and Asia-Pacific co-CEO, said acquiring Yumemi brings in “advanced capabilities” on anticipating client needs that will boost Accenture Song’s market offerings. “Yumemi’s growth is fueled by its strong corporate culture and active engagement of its diverse talent,” he said, adding that the company’s leadership prioritizes manpower development and cultivates “a flexible, transparent environment, fostering new ideas and exceptional employee experiences.”
Yumemi’s Market Reach
Established in 2000, Yumemi operates through unified teams of designers and engineers. The company has designed and developed a wide range of digital products for more than 600 companies across major industries. Its active global users have reached 60 million monthly, according to Accenture.
Toshiyuki Kataoka, Yumemi CEO, describes the company’s integration into Accenture as a “perfect fit,” a combination of capabilities that is bound to “create a remarkable synergy, enabling our teams to refine their skills and unlock new levels of value for our customers.”
Accenture interest on the digital transformation market in Japan earlier manifested in its May 2024 acquisition of Climb, a company that provides system integration and IT infrastructure management services to global organizations.