Encompassing the PwC Japan Group’s new management vision and efforts to build trust and drive transformation
PwC Japan Group
20 November 2024
The PwC Japan Group (Group Chairman Masataka Kubota; hereinafter ‘PwC Japan’) today released its Annual Review 2024.
PwC Japan Group Annual Review 2024
https://www.pwc.com/jp/ja/about-us/annual-review/pdf/annual-review-2024en.pdf
With the PwC Purpose ‘to build trust in society and solve important problems’, PwC Japan launched a new leadership team in July 2024 and established ‘Trust and Transformation’ as its management goal. PwC Japan aims to play its part in solving increasingly complex societal issues by driving transformation of companies and society based on trust .
The Annual Review introduces to a variety of stakeholders the PwC Japan’s FY2024 (July 2023 - June 2024) business results and specific initiatives as well as the management policies under the new leadership team aiming to build trust and drive transformation.
As of the end of FY2024 (the end of June 2024), PwC Japan has achieved a 5% business income growth year-on-year at JPY264.2bn (*1), with a group-wide headcount increase of 1,000 employees for three consecutive years. This has strengthened our structure as a firm of highly skilled professionals in various fields.
・Business income: 264.2 billion yen (5.0% year-on-year increase)
・Group headcount: approximately 12,700 employees (10.4% year-on-year increase)
*1 Simple total for the Group
PwC Japan business income
Total for the Group, based on statutory financial statements
PwC Japan headcount
Regular employees, fixed-term employees, Expats*, and secondees from non-financial companies* as of the end of June 2023
*‘Expats’ refers to employees from PwC member firms outside Japan on long-term temporary assignments to PwC Japan; ‘secondments from non-financial companies’ refers to employees from other Japanese companies seconded to PwC Japan
PwC Japan consolidates various skills to build trust in communities and society and solve complex problems.
This Annual Review introduces the ‘organisational basis’ and ‘strategic areas’ newly established by the PwC global network and presents the vision under PwC Japan’s new leadership team that aims to deliver greater value through practical and integrated solutions addressing the changing needs of clients.
Key contents of PwC Japan Group Annual Review 2024
- Services: Aiming to be clients’ first choice by being truly client-centric
We have defined the organisational basis that represents PwC’s commitment to work as professionals and its ideal state to be in as ‘Trust’, ‘Unity’ and ‘Focus’. Based on mutual trust, PwC Japan will focus on the key areas collaborating with others transcending the organisational barriers. - Approach: Creating new value with broader perspectives looking across entire industries and with profound expertise
We have established ‘strategic areas’ that PwC Japan should focus on, derived from societal issues. We introduce business strategies for realising the ideal future with regard to ‘Trust in What Matters’, ‘Business Model Reinvention’ ‘Sustainability’ and ‘AI’. - People & Culture: Creating environments in which professionals can fully demonstrate their true value
We promote the creation of workplaces in which highly skilled personnel with diverse backgrounds can grow, with both autonomy and discipline, and excel beyond PwC. - Responsibility: Becoming a company widely trusted by society as a driver of transformation
To ensure we always meet clients’ expectations, we continuously pursue service quality and operate the company based on the framework to discipline ourselves
To build trust and become a drive of transformation in today’s world facing inevitable changes, we will think through what society is calling for and support clients in solving their problems, addressing multi-layered societal issues with PwC’s integrated prowess. We will also organise environments where diverse professionals from various fields can fully demonstrate their potential to support their growth. In addition, we aim to be an organisation that serves as a platform for solving greater societal challenges and will do our utmost to continue to be a positive presence for society, leveraging the initiatives that PwC has developed to build trust over years for the good of the broader community.
About PwC
At PwC, our purpose is to build trust in society and solve important problems. We’re a network of firms in 149 countries with more than 370,000 people who are committed to delivering quality in assurance, advisory and tax services.
About the PwC Japan Group
The PwC Japan Group is a collective name for the member firms of the PwC global network in Japan and their affiliates. Each firm within the PwC Japan Group conducts its business as a separate, independent business entity.
In response to our clients’ increasingly complex and diverse corporate management issues, the PwC Japan Group has put in place a system that consolidates our knowledge in the fields of auditing and broader assurance services, consulting, deal advisory, tax and legal services, and encourages organic collaboration among our professionals in each field. As a professional services network with approximately 12,700 certified public accountants, tax accountants, lawyers and other professional staff, we strive to provide services that more accurately address our clients’ needs.
