Enshu Truck Introduces First Accounting's Next-Generation Accounting Operations Platform "Steward New Lease Accounting Standards" with TKC's Cooperation

First Accounting Co., Ltd. (Head Office: Minato-ku, Tokyo; President and CEO: Keitaro Mori; hereinafter referred to as First Accounting) and TKC Corporation (Head Office: Utsunomiya, Tochigi; President and CEO: Masaki Iizuka; hereinafter referred to as TKC) are pleased to announce that Enshu Truck Co., Ltd. (Head Office: Fukuroi, Shizuoka; President and CEO: Hideki Kanehara; hereinafter referred to as Enshu Truck) has adopted First Accounting's new lease accounting standards solution, "Steward New Lease Accounting Standards," and that the companies will jointly proceed with its implementation.

This initiative was made possible by utilizing contract data stored in "CloudSign," a contract management platform provided by Bengoshi.com Inc. The system will link with contract data stored on CloudSign, automate lease contract determination using AI, and integrate with TKC's fixed asset management system, "FAManager."

First Accounting and TKC have been collaborating to support compliance with the new lease accounting standards and have been actively proposing solutions to many companies. Moving forward, they will further strengthen their collaboration with CloudSign to contribute to the accounting DX promotion of companies, particularly in the logistics industry, which has a large number of lease contracts.

Background of Implementation

The new lease accounting standards, scheduled to be applied from business years commencing on or after April 2027, require more stringent examination of contract details than before, making lease identification and determination operations more complex.

Enshu Truck recognized challenges such as the potential for discrepancies in determination results among staff members for each contract and the burden of preparing explanatory materials for auditors. To achieve unified and objective determination in line with the new standards, they were considering the introduction of an AI-powered system. After comparing it with other systems, the ability to link from a contract management system to a fixed asset management system was the deciding factor in selecting First Accounting's Steward.

Implementation Details

The "Steward New Lease Accounting Standards" solution that has been introduced analyzes contracts using AI to support lease determination based on the new lease accounting standards and the extraction of necessary information.

Enshu Truck is currently in discussions to link with contract data managed by CloudSign, as well as to establish CSV integration with their fixed asset system. This will streamline operations from contract information input to lease determination and subsequent asset management, aiming to reduce human error.

Initially, operations will be managed by a team of several people, but full-scale operation is planned to be handled by one person in the accounting department. Additionally, approximately two people from the general affairs department will be responsible for uploading contracts, establishing an efficient operational structure across departments.

Expected Effects for Enshu Truck Co., Ltd.

Streamlined Compliance with New Lease Accounting Standards

By utilizing AI contract analysis, complex lease determination operations will be standardized, enabling swift compliance with the new regulations.

Cost Reduction

Significant cost reductions are expected by starting AI reading operations for past contracts from October 2026 onwards, compared to a scenario without AI introduction.

Improved Operational Quality

By promoting the standardization of accounting processing and the rationalization of administrative tasks, the aim is to eliminate reliance on individual expertise and improve accuracy.

Comment from Michinori Tominaga, Executive Officer, Head of Corporate Information Sales Division, TKC

Enshu Truck Co., Ltd. utilizes various TKC systems that broadly support accounting operations, including the TKC Integrated Accounting Information System (FX5 Cloud), TKC Corporate Electronic Tax Filing System (ASP1000R), Pepol Invoice-Compatible System (Invoice Manager 2026), and the Fixed Asset Management System (FAManager).

This enables data from FX5 and FAManager to be linked with ASP1000R, creating an environment for efficient electronic filing of consumption tax, corporate tax, and depreciable asset tax.

In complying with the new lease accounting standards, it is crucial to accurately and seamlessly execute a series of operations from understanding contract information to lease determination, registration in the fixed asset management system, and finally to closing and tax filing. TKC has been supporting these fixed asset management operations through its Fixed Asset Management System (FAManager).

Through our collaboration with First Accounting Co., Ltd., we will provide an environment that further streamlines fixed asset management operations, from contract analysis to tax filing.

TKC will continue to support smooth compliance with the new lease accounting standards and further advancement of fixed asset management operations.

>> TKC Group Consolidated Solutions

Comment from Keitaro Mori, President and CEO, First Accounting

Through this implementation at Enshu Truck, we believe we have achieved high value delivery through collaboration with Bengoshi.com and TKC. In the logistics industry, many companies hold diverse contracts for vehicles, warehouse facilities, real estate, etc., and we anticipate that the need for compliance with the new lease accounting standards will continue to grow.

We have leveraged AI technology to support everything from contract analysis to lease determination and accounting processing, thereby reducing the burden on our customers and improving operational quality. We will continue to support companies, starting with the logistics industry, in their compliance with the new lease accounting standards.

About First Accounting

[Achieving Accounting Singularity and Unleashing the Power of Accounting]

First Accounting is a company that aims to achieve accounting singularity and is working to build an accounting operations platform for the AI era.

What is important in corporate activities, especially in accounting operations, is not simply processing information, but appropriately determining operations based on accounting, tax, and internal regulations, and executing them with responsibility. Based on accounting knowledge and operational expertise accumulated over many years, we provide "Steward," a next-generation accounting platform where AI and humans collaborate.

Our vision is to go beyond mere efficiency in accounting operations and create an environment where accounting professionals can focus on strategic accounting that contributes to improving corporate value, thereby realizing the vision of "Accounting as a Source of Profit."

Company Name: First Accounting Co., Ltd. (TSE Growth: 5588)

Location: 3F, Shiba Park Building A, 2-4-1 Shiba Park, Minato-ku, Tokyo

Established: June 2016

Representative: Keitaro Mori, President and CEO

URL: https://www.fastaccounting.jp/

Business Activities: Accounting AI Business (Development and provision of AI solutions specialized in accounting)

Accounting Operations Platform "Steward"

Accounting Operations AI Module "Robota Series"

Invoice Processing Platform "Remota"

Digital Invoice Transmission/Reception Service "Peppol Access Point"

Inquiries Regarding This Matter

First Accounting Co., Ltd.

Contact: Public Relations

E-mail: press@fastaccounting.co.jp

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