FCM Enters Joint Venture with NSF Engagement in Japan
TMC seeks to enhance presence in Asia >>
by: Harvey Chipkin
FCM, one of the largest travel management companies, has entered into a joint venture with NSF Engagement in Japan. The investment, according to an announcement, will enhance FCM’s presence in Asia to support existing customers in the region while boosting its global footprint. FCM cited a robust business travel market, a strong increase in demand from customers across Asia and an opportunity to provide a differentiated service offering as among the decisive factors for FCM to expand its operations in Japan. In the coming months, the full suite of FCM products and services will be introduced into Japan “to support consistency and improved customer experience.” Bernard Saillet, managing director of FCM Travel Asia, said that choosing to expand the company’s presence in Asia at this “critical” time “speaks volumes of the tremendous potential Japan has towards FCM’s global strategy.” He said that both FCM and NSF Engagement “recognized that the Japanese travel market is ripe for disruption and our partnership presents an alternative for clients who are currently being underserved.” The leader of NSF's corporate travel business, Kenichi Shiraishi, will head FCM Japan.
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