Case Study on Yagi & Co. Ltd. : A Tokyo-Listed Garments Company
Supporting a Tokyo-Listed Garments Company Through a Decade of Growth
Yagi & Co. Ltd. is a company listed on the Tokyo Stock Exchange, operating in the readymade garments industry with offices across the globe, including in Bangladesh. Its Bangladesh presence carries a particular regulatory dimension: the company operates as a Liaison Office under permission granted by the Bangladesh Investment Development Authority (BIDA).
The Challenge
Operating as a BIDA-approved Liaison Office comes with a strict compliance environment, one that has to be followed accurately and on time. For a company managing this from abroad, having a dependable local partner to stay on top of these requirements was essential.
What We Did
Karifin was engaged as an outsourced partner to manage the full Accounts Department for Yagi & Co.'s Dhaka office. This meant taking on complete responsibility and accountability for all compliance activities throughout the year, not just handling the paperwork, but owning the outcomes.
How We Delivered
Our team managed the organization's accounts function end-to-end, staying closely attuned to BIDA's requirements and deadlines. Alongside this day-to-day work, we advised the company's management on developing stronger internal policies, helping build a more resilient operational foundation for the long term.
The Result
With compliance and accounts firmly handled, Yagi & Co. has been able to keep its focus on core business operations in Bangladesh. Over time, the company has grown its local team from just 5 people to 50, a reflection of the stability that comes from having the back-office fundamentals taken care of.
Operating in Bangladesh and need dependable compliance support? Connect with Karifin to learn more.
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