Murata Manufacturing Chooses Proship for Lease Accounting Compliance
Japan's electronic components manufacturer,
Murata Manufacturing, has decided to implement
Proship's ProPlus+ system to prepare for the upcoming lease accounting standards set to take effect in April 2027. As the company expands globally, adapting to this new standard is essential for maintaining operational efficiency and financial reporting accuracy.
Background and Challenges
With the new standards requiring a complete reassessment of operational rules and monthly accounting processes, Murata Manufacturing faced the pressing challenge of developing a robust system that can accurately and efficiently compute the necessary financial metrics post-implementation. An early adoption of a reliable onboarding system, which can smoothly transition operations from the current setup to the new environment, was imperative.
Rationale for Selection
After careful consideration and comparison of multiple products, Murata chose ProPlus+ primarily for several compelling reasons:
- - High Compatibility with Existing Systems: The intuitive design and operation of ProPlus+ mirrors the current ProPlus Fixed Asset System, facilitating an easier transition for users.
- - Established Deployment Record and Expertise: Proship boasts extensive experience in fixed asset and lease management, offering a strong foundation in responding to the new lease accounting standards.
- - Flexible Accounting System Integration: The solution allows for adaptable journal entry data integration tailored to Murata's specific business requirements.
Proship's Future Support Initiatives
Proship has initiated the
Proship Future Support Project aimed at facilitating compliance with the new lease regulations while simultaneously promoting
Corporate Social Responsibility (CSR) activities. Starting in November 2025, this program pledges to contribute a sum to the
Japanese Red Cross for every major company adopting ProPlus+.
With over 30 years of experience addressing complex lease accounting requirements, the ProPlus series serves as a leading solution for overseeing global consolidated management. By targeting corporations with more than ¥100 billion in revenue, Proship is already seeing considerable engagement, with 366 companies adopting the change as of July 2026, potentially generating a donation of ¥3,660,000 to the Red Cross.
Educational Efforts and Seminars
In preparation for the new guidelines commencing in April 2027, Proship is offering various educational resources for finance professionals, including free seminars instructed by CPAs, focusing on practical strategies to ease the burden of compliance.
Online sessions will be hosted from May to September 2026, catering to both general informative needs and specific organizational queries through interactive discussions and direct support.
Delivering Reliable Solutions
Proship provides the
Lease Asset Management System, a comprehensive on-premise solution leveraging over 40 years of expertise in fixed asset and lease management. This system supports essential compliance requirements, including management of right-of-use assets and lease liabilities, as well as tax return adjustments.
Additionally, ProPlus+ is a SaaS-based lease accounting solution developed on insights gained from managing over 100 project implementations, designed specifically to help organizations adjust swiftly to the new standards.
Several prominent companies, such as
TOTO,
SUBARU, and
Kawasaki Kisen Kaisha, have already utilized ProPlus+ to ensure compliance, underlining Proship's significant market presence and reliability.
For Murata Manufacturing, this partnership with Proship marks a crucial step towards financial compliance and operational stability in the rapidly evolving regulatory landscape. As the 2027 deadline approaches, Murata is poised to meet the new challenges with confidence, supported by Proship’s extensive industry knowledge and advanced technological solutions.
To learn more about Proship's offerings and ongoing projects, visit
Proship's official website.