#Japan #Tokyo #Lease Accounting #ProShip #IFRS16

Proship's New Lease Accounting Standards Seminar

As businesses prepare for the implementation of the new lease accounting standards effective April 2027, Proship Inc., headquartered in Chiyoda, Tokyo, has begun a series of 14 free online seminars aimed at alleviating operational burdens associated with these changes. The sixth session is particularly focused on the topic of inter-company leases, a significant issue in practical compliance under the new standards.

Importance of the 6th Session Theme

The transition to the new lease accounting regulations requires companies not only to consider their individual accounting practices but also to align those with consolidated financial reporting. A primary concern arises with inter-company leases, where compliance can increase operational complexities. Even transactions within a consolidated group might warrant compliance with the new standards, which can lead to discrepancies between individual and consolidated treatments, adding to the verification and reconciliation workload.

This webinar will spotlight typical practical challenges associated with inter-company leases and delve into efficient processing strategies that account for consolidated viewpoints.

Seminar Highlights

During the session, participants will gain insights on several key areas to reduce the burden of compliance related to inter-company leases:

• - Categorization of typical discrepancies in inter-company leases.
• - Causes of variances between individual and consolidated processing.
• - Real-world operational burdens tied to elimination journal entries within consolidation.
• - Approaches to streamline elimination and reconciliation processes.
• - Essential design points for maintaining early closing of financial statements.

Rather than merely understanding the rules, this seminar aims to provide actionable insights geared towards the practical execution within organizations.

Seminar Details

• - Date: June 25, 2026
• - Time: 13:30 – 14:30
• - Format: Online (live streaming)
• - Speakers: Kiyohito Nakada, CPA and Shunsuke Tazawa from Proship
• - Cost: Free (registration required)

For further seminar details and registration, visit the Proship website.

This seminar marks the sixth installment of the program designed to mitigate practical burdens associated with the new regulations.

Broader Context of Proship's Offerings

Proship also addresses the accounting standards initiated by IFRS 16, which parallels the upcoming new lease regulations. Since 2008, Proship has accumulated extensive experience in adapting to current standards and has successfully managed over 100 projects under IFRS 16. With a range of publicly available content aimed at easing the transition—like impact estimation tools and strategic policy websites—Proship offers a comprehensive service package that goes beyond mere system implementation.

Enhanced Tools for Transition

Proship provides a SaaS-based solution for calculating impact under the new lease accounting standards, ensuring high accuracy based on IFRS 16 cases.

Comprehensive Support Through ProPlus+

Proship's ProPlus+ solution leverages insights from its vast experience with IFRS 16 to support clients in navigating new accounting and taxation regulations, ensuring a streamlined approach, from policy development to system deployment and operational execution.

About Proship

Since 1980, Proship has specialized in asset management solutions, achieving a robust track record with over 5,500 implementations across varying industries. As an exclusive fixed asset system that integrates global compliance capabilities, ProPlus has been implemented in 36 countries, ensuring international tax compliance across 24 regions.

For more information about Proship, visit Proship or contact us directly through our website. Explore our resources on the new lease accounting standards through the guide linked above.