#Japan #Tokyo #TKC #Mizuho Bank #OBMonitor

Mizuho Bank and TKC's Strategic Collaboration in Global Business

In a significant development, Mizuho Bank, headquartered in Chiyoda, Tokyo, and TKC Corporation, based in Utsunomiya, Tochigi Prefecture, have established a business matching agreement for the Overseas Business Monitor (OBMonitor), effective December 23, 2025. This strategic partnership aims to enhance the support provided to companies looking to expand their operations overseas.

What is OBMonitor?

OBMonitor, a cloud-based service, allows Japanese parent companies to gain real-time visibility into the financial status of their overseas subsidiaries. By uploading financial entries extracted from local accounting systems into TKC's data center, TISC, the service rearranges this data according to the parent company's accounting category structures. The accounting information is automatically translated into Japanese or English, enabling parent companies to keep abreast of their subsidiaries' latest financial conditions accurately and promptly. One of the standout features of OBMonitor is the internal audit support function, which assists in identifying and mitigating errors or fraud, and has already received a patent. To date, the system has garnered over 1,800 companies from 38 countries worldwide, reflecting its success and effectiveness.

Rising Demand for OBMonitor

Many Japanese corporations with overseas subsidiaries are currently facing challenges in managing them effectively. In this context, the OBMonitor system offers a solution that facilitates system implementation and operational support directly from Japan, all at a considerably lower cost compared to expensive enterprise resource planning (ERP) packages. This unique value proposition has led to a rapid increase in adoption among firms associated with financial institutions.

This recent agreement with Mizuho Bank marks the 23rd collaboration TKC has entered into with financial institutions for OBMonitor, showcasing the service’s growing recognition and utility in the business sector.

Enhanced Support for Overseas Expansion

Moving forward, TKC and Mizuho Bank plan to further strengthen their relationship, aiming to support client companies' international expansion in various aspects. This partnership reflects the evolving landscape of global business management, emphasizing transparency and efficiency.

Key Features of OBMonitor

For Japanese Parent Companies:

• - Real-Time Financial Monitoring: Parent companies can access performance metrics of their overseas subsidiaries from Japan at any time.
• - Comprehensive Transaction Oversight: The system enables oversight of all transactions made by overseas subsidiaries, allowing searches based on local terms and categories.
• - Accessibility Across Borders: With just an internet connection, the service can be accessed anywhere, and it offers translation to facilitate communication.
• - Risk Management: The system provides digital analyses of large volumes of entries, aiding in the identification of potential errors or fraudulent activity before field audits.

For Subsidiaries:

• - Performance Tracking in Japanese: Subsidiaries can view their performance metrics displayed in a summarized form in Japanese, facilitating straightforward reviews of their financial standings.
• - Reduced Reporting Burden: Overseas subsidiaries can upload their entries without needing to change existing day-to-day accounting processes, thereby saving time and effort in preparing reports for parent companies.

In conclusion, the collaboration between Mizuho Bank and TKC not only marks a progressive step in financial management for overseas expansions but also sets a precedent for how companies can harness technology to gain better oversight of their international operations. With the increasing complexities of global business, such partnerships will be crucial as organizations pursue their growth strategies across borders.