#Japan #Tokyo #Lease Accounting #ProShip #IFRS16

Seminar on New Lease Accounting Standards

Proship Inc., headquartered in Chiyoda, Tokyo, is hosting a series of 14 free online seminars to prepare businesses for the application of new lease accounting standards starting April 2027. The fourth session focuses on how to document ‘reasonable certainty’ and the strategies for setting shorter lease terms, a critical aspect of practical implementation.

Importance of the Seminar Theme

The upcoming new lease accounting standards will be mandatory from the fiscal year 2027, and determining lease terms is one of the more time-consuming topics companies must tackle. The length of a lease directly affects the calculation of lease liabilities, which in turn has significant implications for financial statements. Many organizations are inclined to define lease terms as equivalent to contracted durations. However, they must substantiate whether the use of extension or termination options is ‘reasonably certain’. This requires objective evidence and documentation to ensure compliance, rather than relying solely on subjective judgments.

In light of this, the fourth seminar aims to clarify how to integrate the concept of ‘reasonable certainty’ into practical corporate decision-making and provide specific strategies for organization.

Key Points of the Seminar

This session will help participants navigate the crucial issues relating to lease term settings and offer practical methods tailored to business applications.

• - Fundamental Concepts of ‘Reasonable Certainty’: A consolidated understanding of what constitutes reasonable certainty in lease accounting.
• - Understanding the Economic Incentives: Identifying the core economic incentives that guide lease term decisions.
• - Practical Judgments Regarding Options: Key points related to exercising extension and termination options within business operations.
• - Documentation Strategies for Auditors: Approaches to document lease terms that are compliant with upcoming audits, alongside reference examples.
• - Practical Know-How for Effective Lease Term Setting: Techniques to achieve appropriate and practical lease term settings essential for business operations.

In this session, we won't just tackle compliance; we will strive to offer feasible ways of organizing these considerations succinctly and logically for immediate application.

Seminar Details

• - Date and Time: June 11, 2026, from 1:30 PM to 2:30 PM
• - Format: Online live streaming
• - Speakers: Kiyoharu Nakata, CPA, and Shunsuke Tazumi from Proship
• - Fee: Free (pre-registration required)

For further details and to register for the seminar, please visit Proship's seminar registration page.

This fourth seminar is part of an extensive program aimed at easing the burden of practical implementation.

Additional Context

The new lease accounting standards are aligned with IFRS16, which became effective in 2019. Proship boasts a proven track record with over 100 projects related to IFRS16 compliance and has gathered significant experience from numerous domestic cases. The company offers comprehensive support ranging from simulation of impact assessment to consulting services, helping clients adapt seamlessly to the new standards with minimal disruption.

Advanced Solutions for Impact Estimation

Proship presents a SaaS solution for calculating the impact of new lease accounting standards, moving beyond simple calculations to providing precise estimations based on IFRS16 instances – an invaluable resource for those preparing for implementation.

Best Practices with ProPlus+

‘ProPlus+’ brings expert insights from handling over 100 IFRS16 projects, offering a complete solution for compliance with new lease standards. From policy formulation to systematic integration and operation, clients receive consistent and coherent support.

For more information about Proship, please visit Proship's official website.