TKC and Nishi-Nippon City Bank Sign Business Matching Agreement

On January 13, 2026, TKC Corporation, headquartered in Utsunomiya City, Tochigi Prefecture, announced a business matching agreement with Nishi-Nippon City Bank, based in Fukuoka City, Fukuoka Prefecture, regarding the Overseas Business Monitor (OBMonitor or OBM). This initiative aims to assist companies expanding overseas by introducing them to OBM, while the support for this service will be provided by approximately 980 tax accountants and certified public accountants belonging to the TKC National Association’s overseas expansion support committee. Through this collaboration, Nishi-Nippon City Bank will robustly support its clients’ international ventures and enhance oversight and detection of financial discrepancies and inaccuracies. Notably, this partnership marks TKC's 24th business matching agreement with financial institutions across the nation regarding OBM.

What is OBM?

The Overseas Business Monitor (OBM) is a cloud service designed to allow Japanese parent companies to visualize the financial statuses of their overseas subsidiaries. By uploading the accounting information extracted from local accounting systems to TKC’s data center (TISC), the financial data is reformatted to align with the parent company’s accounting framework. The data is then automatically translated into Japanese or English, enabling organizations to promptly and accurately assess the financial status of their foreign subsidiaries. Furthermore, the OBM includes a patented internal audit support feature that aids in identifying and mitigating errors and fraudulent activities. This capability has led to the current utilization of OBM by over 1,800 companies across 38 countries worldwide.

Rising Demand for OBM Services

Presently, numerous Japanese companies face challenges managing their overseas subsidiaries. In response to this environment, OBM enables all aspects of system implementation and operational support to be conducted from Japan. This not only allows for greater efficiency but also achieves significant cost savings without the need to adopt expensive comprehensive ERP solutions. The solution is being rapidly integrated by various client companies of financial institutions for these very reasons.

Moving forward, TKC and Nishi-Nippon City Bank plan to strengthen their cooperation to support their partner companies’ international expansions from multiple perspectives.

Features of OBMonitor

OBMonitor enhances the visualization of global management in a way that meets the needs of both parent companies in Japan and subsidiaries operating abroad.

For Parent Companies:

- Instant Performance Checks: Parent companies can review operational results from anywhere in Japan, linking seamlessly to local accounting systems.
- Access to All Transactions: Companies can confirm every transaction made by their overseas subsidiaries, searchable by both local account names and parent company account names.
- Use Across Borders: With just an internet connection, users can access data in Japanese or English, regardless of time zone.
- Fraud Detection Support: The system digitally analyzes extensive transaction data, highlighting potential areas of concern before on-site audits.

For Subsidiaries:

- Performance Summary in Japanese: Subsidiaries can easily review their summarized performance and drill down into specific transactions.
- Reduced Reporting Burden: Subsidiaries are freed from creating reports for parent companies and can focus on direct uploads of their accounting entries.

With these capabilities, OBMonitor is set to play a pivotal role in the international operations of many Japanese companies, facilitating smoother transitions and enhanced financial oversight as globalization continues to evolve.