#Japan #Chiyoda #Lease Accounting #ProShip #ProPlus

Proship Launches 'ProPlus': A New Era of Lease Accounting

Proship, a prominent company in the fixed asset management sector, has officially released its latest iteration of the ProPlus lease asset management system, designed to comply with the new lease accounting standards set to take effect on April 2027. This significant launch, scheduled for October 31, 2025, is a milestone not just for Proship but for all businesses preparing for extensive changes in lease accounting.

The updated ProPlus system aligns with the revised corporate tax basic directives announced by the National Tax Agency on June 30, 2025. It is tailored specifically to assist large enterprises in sectors such as retail and real estate, which will be particularly affected by these changes. Currently, multiple implementation projects are already underway within these industries, showcasing the software's early adoption and effectiveness.

Key Features Supporting Tax Compliance

The introduction of the new lease accounting standards demands a robust solution to address the inconsistencies that arise between accounting processes and corporate tax submissions. Proship's ProPlus introduces several crucial features aimed at minimizing tax risks and alleviating administrative burdens for companies:

Compliance with Revised Tax Directives

The enhanced software seamlessly integrates tax determination and sales tax classification management in accordance with the new standards. This ensures meticulous handling of tax issues in practical scenarios.

Multiple Ledger Management

ProPlus offers the capability to manage multiple ledgers simultaneously, addressing both corporate accounting standards and tax processing requirements. It autonomously calculates discrepancies between accounting and taxation, providing precise insights into necessary adjustments for tax submissions.

Reporting Capabilities for Corporate Tax Returns

ProPlus generates essential reports that allow tax departments to track adjustment amounts critical for corporate tax submissions. This functionality significantly enhances operational efficiency and accuracy in tax-related tasks.

Proven Trustworthiness and Reliability

With a rich history of successfully assisting over 100 clients under IFRS 16, Proship brings a wealth of expertise in managing complex logic processes and judgment criteria to its new lease accounting framework. Multiple leading enterprises, particularly in retail and real estate, are actively participating in various implementation projects based on prior successes, ensuring a smooth transition while minimizing risks.

Strengthened Customer Support

Beyond providing the new ProPlus system, Proship is dedicated to bolstering support for implementation projects. They have established a comprehensive support system that includes:

Hosting Specialized Seminars

Proship offers updates and practical insights on tax adjustment methods as per the National Tax Agency’s directives to assist businesses in staying informed and compliant.

Policy Coordination Resources

The company provides resources to help businesses consolidate decision-making and improve internal consensus regarding the new lease accounting standards.

New Lease Accounting Impact Estimation Solutions

For companies apprehensive about estimating the impact of the new lease accounting standards through Excel, Proship has introduced a SaaS solution specifically for accurate impact assessments. Utilizing practical requirements derived from IFRS 16, this solution goes beyond simplistic calculations to deliver highly precise estimates, aiding businesses in their preparations.

Upcoming Free Seminars

Proship is currently accepting registrations for free seminars on the new lease accounting standards, including:

• - Policy Coordination Seminar: November 26, 2025, 1:30 PM - 2:30 PM
• - Problem-Solving Seminar: November 19, 2025, 1:30 PM - 2:30 PM
• - Seminar Video Program: Available on demand, detailing the core principles and implementation strategies based on over 100 successful IFRS 16 cases.

About Proship

Founded in 1980, Proship has specialized in fixed asset management solutions for over 40 years. Their ProPlus asset management solution boasts over 5,500 implementations across various industries, serving half of the large enterprises globally. By modularizing fixed asset management from ERP systems, ProPlus ensures high software quality and comprehensive functionality. Uniquely, it facilitates global integration with standard features, having been implemented in 28 countries and regions as of September 2025, supporting tax compliance in 24 jurisdictions.

For more information about Proship, visit their website: Proship Official Site. Furthermore, for inquiries, please check: Contact Us. Additional resources about the new lease accounting standards can be found here: Guide to New Lease Accounting.