TOKYO–(BUSINESS WIRE)–Accenture (NYSE: ACN) has completed its acquisition of digital engineering and operational technology capabilities from Trancom ITS, a Japanese logistics technology services provider. Terms of the transaction, which Accenture announced on March 28, 2022, were not disclosed.
Approximately 190 Transcom ITS engineers have joined Accenture Industry X in Japan as part of the transaction. They specialize in cloud-based logistics systems and optimizing warehouse operations with IoT and sensor technology. The acquisition strengthens Accenture�s digital engineering, manufacturing and logistics capabilities to offer hyper-automation solutions at scale, which manufacturing and logistics companies in Japan are increasingly demanding.
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Forward-Looking Statements
Except for the historical information and discussions contained herein, statements in this news release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as may, will, should, likely, anticipates, expects, intends, plans, projects, believes, estimates, positioned, outlook and similar expressions are used to identify these forward-looking statements. These statements involve a number of risks, uncertainties and other factors that could cause actual results to differ materially from those expressed or implied. These risks include, without limitation, risks that: the transaction might not achieve the anticipated benefits for Accenture; Accentures results of operations have been, and may in the future be, adversely affected by volatile, negative or uncertain economic and political conditions, including the invasion of Ukraine by Russia, the related sanctions and other measures that have been and continue to be imposed in response to this conflict, as well as the current inflationary environment, and the effects of these conditions on the companys clients businesses and levels of business activity; Accenture faces legal, reputational and financial risks from any failure to protect client and/or company data from security incidents or cyberattacks; Accentures business depends on generating and maintaining ongoing, profitable client demand for the companys services and solutions including through the adaptation and expansion of its services and solutions in response to ongoing changes in technology and offerings, and a significant reduction in such demand or an inability to respond to the evolving technological environment could materially affect the companys results of operations; if Accenture is unable to match people and skills with client demand around the world and attract and retain professionals with strong leadership skills, the companys business, the utilization rate of the companys professionals and the companys results of operations may be materially adversely affected; the COVID-19 pandemic has impacted Accentures business and operations, and the extent to which it will continue to do so and its impact on the companys future financial results are uncertain; the markets in which Accenture operates are highly competitive, and Accenture might not be able to compete effectively; Accentures ability to attract and retain business and employees may depend on its reputation in the marketplace; if Accenture does not successfully manage and develop its relationships with key alliance partners or fails to anticipate and establish new alliances in new technologies, the companys results of operations could be adversely affected; Accentures profitability could materially suffer if the company is unable to obtain favorable pricing for its services and solutions, if the company is unable to remain competitive, if its cost-management strategies are unsuccessful or if it experiences delivery inefficiencies or fail to satisfy certain agreed-upon targets or specific service levels; changes in Accentures level of taxes, as well as audits, investigations and tax proceedings, or changes in tax laws or in their interpretation or enforcement, could have a material adverse effect on the companys effective tax rate, results of operations, cash flows and financial condition; Accentures results of operations could be materially adversely affected by fluctuations in foreign currency exchange rates; changes to accounting standards or in the estimates and assumptions Accenture makes in connection with the preparation of its consolidated financial statements could adversely affect its financial results; Accenture might be unable to access additional capital on favorable terms or at all and if the company raises equity capital, it may dilute its shareholders ownership interest in the company; as a result of Accentures geographically diverse operations and its growth strategy to continue to expand in its key markets around the world, the company is more susceptible to certain risks; if Accenture is unable to manage the organizational challenges associated with its size, the company might be unable to achieve its business objectives; Accenture might not be successful at acquiring, investing in or integrating businesses, entering into joint ventures or divesting businesses; Accentures business could be materially adversely affected if the company incurs legal liability; Accentures global operations expose the company to numerous and sometimes conflicting legal and regulatory requirements; Accentures work with government clients exposes the company to additional risks inherent in the government contracting environment; if Accenture is unable to protect or enforce its intellectual property rights or if Accentures services or solutions infringe upon the intellectual property rights of others or the company loses its ability to utilize the intellectual property of others, its business could be adversely affected; Accentures results of operations and share price could be adversely affected if it is unable to maintain effective internal controls; Accenture may be subject to criticism and negative publicity related to its incorporation in Ireland; as well as the risks, uncertainties and other factors discussed under the Risk Factors heading in Accenture plcs most recent Annual Report on Form 10-K and other documents filed with or furnished to the Securities and Exchange Commission. Statements in this news release speak only as of the date they were made, and Accenture undertakes no duty to update any forward-looking statements made in this news release or to conform such statements to actual results or changes in Accentures expectations.
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Contacts
Kentaro Kanda
Accenture
+81 45 330 7157
kentaro.kanda@accenture.com
Jens R. Derksen
Accenture Industry X
+49 175 5761393
jens.derksen@accenture.com
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