#Japan #Tokyo #Lease Accounting #ProShip #IFRS

ProShip Inc. to Support Practitioners with New Lease Accounting Seminars

ProShip Inc., headquartered in Chiyoda, Tokyo, will host a series of in-person seminars aimed at professionals struggling to organize their strategies for the new lease accounting standards. Starting on July 29, 2026, the seminar titled "New Lease Accounting for Practitioners: Learning from Leading Companies on 'Three Key Issues & Audit Responses'" will be held three times at the ProShip Tokyo headquarters.

Background of the Seminars – Addressing Practitioners' Challenges

As companies prepare for the implementation of the new lease accounting standards, many are actively conducting impact assessments and contract analyses. However, several companies are facing difficulties in establishing their internal guidelines, particularly around the following key issues:

• - Scope of Lease Identification: To what extent should leases be identified?
• - Lease Term Determination: How should the duration of leases be assessed?
• - Setting Materiality Standards: What criteria should be used to determine materiality?

Particularly in light of anticipated discussions with auditing firms, many practitioners report the following challenges:

• - "I understand the concepts, but I can’t apply them to my company."
• - "Our project is at a standstill due to the lack of progress in organizing our strategies."

In response to these issues, ProShip has decided to host in-person seminars, which previously received high ratings from participants. These seminars are designed to facilitate direct communication with instructors, allowing attendees to raise unique concerns and questions, thereby pushing forward the organization of their strategies.

Features and Program of the Seminar

The seminar will feature Keihi Nakata, a certified public accountant, who will address the three major topics of confusion surrounding the new accounting guidelines: lease identification, lease term, and materiality standards. By incorporating case studies from leading companies and considerations related to auditing, practical points for organizing internal policies will be introduced.

Part 1: Learning from Leading Companies

• - Considerations for organizing strategies in anticipation of audit responses.
• - Key points for assessing lease identification, lease duration, and materiality standards.
• - Challenges faced by companies under IFRS 16 and their corresponding case studies.
• - Tips for contract extraction and setting the scope of application to alleviate operational burdens.

Part 2: Interactive Discussion and Q&A

Participants will have the opportunity to present their practical questions and challenges directly to the instructor. The in-person format allows for richer communication, enabling attendees to discuss specific issues that might be uncomfortable to address in online formats.

• - Concerns regarding contract judgments unique to individual companies.
• - Organizing discussion points in preparation for audit corporations.
• - Confirming thought processes towards establishing company policies.
• - Questions regarding the content of the lecture.

Feedback from Past Participants

Feedback collected from previous seminars indicates a high level of satisfaction, with many attendees stating, "My questions were resolved," and that the seminars were beneficial in discussions with their auditing firms. In post-seminar surveys, 94% of respondents rated the experience as satisfactory or better.

Instructor Profiles

Keihi Nakata

Certified Public Accountant / President of Knowledge Network LLC
Nakata has extensive experience supporting numerous companies in adapting to IFRS (International Financial Reporting Standards) and the new lease accounting standards, simplifying complex accounting frameworks from a practical perspective and providing practical audit-responsive advice.

Shunsuke Tatsumi

Director of ProShip Inc. / Deputy General Manager of System Sales Department
Tatsumi has been engaged in solution proposals in fixed asset and lease management for major and reputable enterprises, serving as head of the IFRS Promotion Office since 2014 and leading the Lease Accounting Solution Promotion Office since 2023.

Seminar Overview

The details of the seminar are as follows:

1st Session: July 29, 2026, 15:00-18:00
2nd Session: August 26, 2026, 15:00-18:00

For further details and registration, please visit our website.

Comprehensive Support for Smooth Transition to New Lease Accounting Standards

The new lease accounting standards align closely with IFRS 16 which came into effect in 2019. ProShip has extensive experience, dating back to 2008 in adapting to current lease accounting standards and tax systems, with participation in over 100 projects addressing IFRS 16. We have accumulated numerous case studies in response to the new standards currently ahead in Japan. Our support extends beyond system implementation to include comprehensive service offerings such as content aiding practical duties like impact measurement and consultation proposals.

Our highly accurate impact measurement solution for new lease accounting is provided as a SaaS product, which allows precise calculations based on IFRS 16 case studies, and offers effective preparation for the new accounting guidelines.

Company Overview
ProShip has been a dedicated vendor specializing in fixed asset solutions since 1980. Our flagship product, ProPlus, has achieved over 5,700 installations, commonly used by 50% of major enterprises across various industries. As conditions evolve and flexible responses are crucial, ProPlus integrates seamlessly into existing ERP systems. Presently, it is deployed in 36 countries, across 309 entities, and has standard compliance in 24 countries' tax regulations.

For more information, please visit ProShip Inc..