THE chairperson of Free Bird Institute Ltd, Hiroshi Taniguchi, says they will continue to invest in new business ventures.
He made the comment after three candidates shortlisted for the Narita recruitment in Japan signed their contracts last month.
“As we will see three girls leaving our shores at the beginning of next month to work in Narita, a product of our Employment Agency license and with the new business partnerships formed with key stakeholders,” Mr Taniguchi said.
He said with the approval given to FBL to buy Japanese yen (JPY) and sell Fijian dollars (FJD) to students and staff earlier this month, they had seen this business integration to be very successful, as more than 98 per cent of new student arrivals had sold FBL their JPY.
“Our finance team continually monitors the movements in the JPY with our bankers to enable them to secure a favourable rate and determine the need to engage into forward or hedging contracts,” Mr Taniguchi said.
The FBL chairperson was addressing shareholders, members of the board and stakeholders at the company’s AGM at Nadi last Friday.
According to a statement issued via the South Pacific Stock Exchange, the three candidates – Vani Dave Mataitoga, Kesaia Waqabaca, and Roneta Ratumaitavuki – had been undergoing an introductory course on the Japanese language, culture and working environment since January 15, 2018, at its Lautoka campus.
Student Support Services manager and project manager Toko Uchiyama said that it had been a challenging but exciting three months for the team as they tried to squeeze in as much as possible in such a short time to ensure the three candidates were well prepared for their journey.
FBL has also been informed that the Immigration Bureau of Japan had approved their Certificate of Eligibility to work in Japan on April 27, 2018.
