EY has integrated EY Asia-Pacific and EY Japan geographic areas to reflect the existing business environment and provide inter-Asia trade opportunities for organisations across Asia-Pacific.
The expanded geographic area will be led by EY’s Asia-Pacific area managing partner Patrick Winter, this will take effect on the 1st of July 2019.
Winter said: “EY is a highly connected professional services organization and the integration of EY Asia-Pacific and EY Japan geographic areas represents a step-change in how EY teams will provide services to EY clients in Asia-Pacific.
“This move will help EY professionals bring new solutions to clients faster, assemble broader and more experienced teams, continue to lead on audit quality through connected teams of over 80,000 auditors across the globe and invest in EY services to benefit EY clients on a broader scale.”
Integrated Asia-Pacific has a combined revenue of $5.3bn for the financial year ending June 2018. The area covers 23 countries and has over 2,800 partners.
EY Japan has been offering services in 17 cities and across nine sectors. For the financial year ended June 2018, EY Japan recorded a revenue of $1.1bn. Despite the integration EY Japan will maintain its current legal entities in assurance, advisory, transaction and tax service lines.
EY Japan’s area managing partner Scott Halliday said: “In recent years, the countries of the Asia-Pacific region have become Japan’s biggest trading partners and many EY Japan clients view the region as a strategically important market with significant economic growth potential.
“The integration will strengthen the EY Japan position in Asia-Pacific and help enable EY Japan to cooperate more closely with not only the EY Asia-Pacific geographic area as whole, but also EY member firms’ offices globally, creating a stronger, more seamless service for EY clients across countries and regions.”