Avant Announces Hanwa Co., Ltd. Adoption of "AVANT Cruise" Management System ~ Towards Advanced Budgeting and a Robust Management Foundation ~

Avant Corporation (Headquarters: Minato-ku, Tokyo; President and CEO: Takahiro Okabe; hereinafter referred to as Avant), a provider of group management, consolidated accounting, and business management solutions within the Avant Group, announces that Hanwa Co., Ltd. (Headquarters: Chuo-ku, Tokyo; President: Yoichi Nakagawa; hereinafter referred to as Hanwa) has adopted its management system, "AVANT Cruise."

Hanwa, established in 1947, is a trading company engaged in a wide range of fields, primarily steel, but also non-ferrous metals, food, energy, daily necessities, and timber. Leveraging the strengths of being an independent entity not belonging to any specific group, Hanwa continuously adapts to market changes with flexible thinking and proactive action.

Hanwa is currently promoting its medium-term management plan "Go Beyond ~Break Through the Shell~" for the fiscal years 2026 to 2028. Building upon its strengthened financial base and risk management system, the company is accelerating efforts to further enhance corporate value while simultaneously working to establish a robust management foundation to support these initiatives.

Amidst these efforts, a key challenge was to move away from and advance its budgeting system, which had relied on Excel and individual departmental methods. To streamline current business operations and achieve a more sophisticated budgeting system, Hanwa decided to implement a new system, leading to the adoption of "AVANT Cruise."

Reasons for Adopting Avant's Product

The reasons for adopting Avant's product are as follows:

1. User-Friendly UI

The system's ability to utilize existing Excel-based documents directly within its UI was highly valued, as it reduces stress for end-users while promoting system adoption.

2. Customization Flexibility, Performance Suitability, and Cost Balance

In comparison with several other products, "AVANT Cruise" was evaluated for its suitability in handling the required volume of information and its development flexibility. The reasonableness of the cost was also a significant factor in the decision.

3. Comprehensive Support System

Avant, holding a significant position in the consolidated accounting software market, was expected to possess substantial expertise in support. The availability of flexible support services, such as premium support plans, was also considered attractive.

Comments from the Adopting Company

Mr. Takuji Urata, Manager of the Management Control Section, Management Control Department at Hanwa Co., Ltd., provided the following comment:

"With the urgent need to advance our management system for further company growth, our budgeting operations were primarily managed using Excel. This led to complex information management, leaving us constantly overwhelmed with routine operational tasks such as information gathering, consolidation, and reporting.

By implementing "AVANT Cruise," we anticipate significant improvements in both data reliability and workload reduction compared to traditional Excel-based processing. We aim to achieve a more sophisticated management system through enhanced information timeliness and improved analytical quality."

Introduction to the Implemented Product

"AVANT Cruise" - A Management System for Enhancing Corporate Value

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About Avant Corporation

Avant promotes business DX that enhances corporate value through the development of management system software and the provision of various third-party products. With over 1,200 successful implementations, Avant provides one-stop support encompassing consulting, system construction, implementation assistance, and operation/maintenance. Focusing on "Group Management," "Consolidated Accounting," and "Business Management," Avant supports the integration, analysis, and utilization of management information and data from both business and IT perspectives, enabling data-driven management.

Company Name: Avant Corporation Established: October 1, 2013 (Founded: May 26, 1997) *Name changed from Diva Corporation on October 1, 2022 Representative: Takahiro Okabe, President, Executive Officer, CEO Headquarters Location: Shinagawa Intercity B Tower 13F, 2-15-2 Konan, Minato-ku, Tokyo URL: https://www.avantcorp.com/ Business Activities: Providing one-stop support from consulting to system planning, construction, implementation, operation, and maintenance in the areas of group management, consolidated accounting, and business management. Developing proprietary management systems and offering third-party CPM software. Proprietary Products: "AVANT Cruise" - Management system for enhancing corporate value "AVANT Compass" - Realizes corporate value analysis, evaluation, and monitoring "AVANT Chart" - Visualizes consolidated financial statements and enables scenario creation, comparison, and future forecasting.

About Avant Group

The Avant Group, operating under the holding company Avant Group Corporation (Headquarters: Minato-ku, Tokyo; President: Tetsuji Morikawa; Listed on Tokyo Stock Exchange Prime Market, Securities Code: 3836), contributes to "DX of Management" by providing software development, sales, and maintenance, as well as software-based consulting and BPO services that enable clients to make timely and appropriate management decisions and drive management reforms based on various financial and non-financial information. Corporate Site: https://www.avantgroup.com/

Major Group Subsidiaries (all 100% owned) include: Avant Corporation Internet Disclosure Inc. ZEAL Inc. Diva Corporation VISTA Corporation