#Japan #Utsunomiya #TKC #China Bank #OBMonitor

TKC and China Bank's Strategic Partnership

In a significant move to bolster global business operations, TKC Corporation, headquartered in Utsunomiya, Tochigi Prefecture, has established a business matching agreement with China Bank, based in Okayama City. This partnership, finalized on July 31, 2025, focuses on the Overseas Business Monitor (OBM) service, aiming to facilitate overseas expansion for clients of China Bank.

This collaboration utilizes the expertise of approximately 970 tax accountants and certified public accountants from the TKC National Conference's Overseas Expansion Support Research Group, led by Kenji Matsumoto. By introducing OBM, the partnership is positioned to support these businesses by enhancing performance management and identifying any accounting errors or irregularities.

With this agreement, TKC becomes the second company to sign a business matching contract with China Bank, joining 22 other financial institutions that have recognized the potential of OBM to improve corporate governance in international markets.

What is OBMonitor?

OBMonitor is a cloud-based service designed to enable parent companies in Japan to visualize the financial conditions of their overseas subsidiaries. By uploading transaction data extracted from local accounting systems to TKC's data center (TISC), the data is restructured to align with the parent company's accounting frameworks. This information is then translated into Japanese or English, allowing parent companies to accurately and promptly assess the financial status of their subsidiaries.

Additionally, the system incorporates a patented internal audit support function that aids in identifying and mitigating errors and fraud. The growth of this service is evident, with the number of companies utilizing the OBM system surpassing 1,740 across 38 countries worldwide.

Increasing Adoption Among Companies

Amidst the challenges many Japanese firms face in managing their overseas subsidiaries, OBM presents a compelling solution. The entire process of system installation and operational support can be conducted from Japan, negating the need for expensive ERP packages, thus providing a cost-effective alternative.

This capability has led to rapid adoption among corporate clients of financial institutions, signaling a shift in how businesses manage their international operations. Looking ahead, TKC and China Bank plan to deepen their collaboration to support overseas expansions for clients across various dimensions.

Features of Overseas Business Monitor (OBMonitor)

The OBM service offers a comprehensive suite of tools aimed at enhancing global management visibility, catering to both Japanese parent companies and their overseas subsidiaries.

For Parent Companies

• - Real-time Access to Subsidiary Performance: Parent companies can monitor the performance of their overseas subsidiaries anytime and anywhere, using local accounting data transformed into their accounting framework.
• - Transaction Insight: All transactions from overseas subsidiaries can be accessed, with options to search using local names, or parent company frameworks post-restructuring.
• - Global Accessibility: With just an internet connection, companies can access data from across borders in Japanese or English, thanks to integrated translation features.
• - Fraud Detection Support: The system analyzes extensive transaction data digitally, helping highlight areas of concern before any on-site audits.

For Subsidiaries

• - Simplified Performance Reports: Subsidiaries can view their performance summaries in Japanese while delving into individual transactions for thorough analysis.
• - Reduced Operational Burden: They can continue with their daily accounting tasks without disruptions, simply uploading necessary data for reporting, freeing them from the complexities of parent company reporting requirements.

In summary, the partnership between TKC and China Bank, along with the implementation of OBMonitor, represents a forward-thinking approach to international business support, promising to reshape how Japanese companies navigate global markets.