[Proship] New Lease Accounting Standard Seminar: Explaining the Validity of the 3 Million Yen Threshold and the 'Logic of Explanation' to Convince Audit Firms - Registration Starts Today

Proship Inc. (Headquarters: Chiyoda-ku, Tokyo; President: Fumifumi Suzuki) is holding a 14-part free online seminar series aimed at reducing the practical burden of adopting the new lease accounting standards starting in April 2027. The 5th session will focus on 'materiality judgment,' a critical issue directly linked to reducing operational burdens, and how to apply it. In responding to the new lease accounting standards, narrowing down the scope appropriately is key to managing the workload. Many companies utilize the '3 million yen threshold' to exclude immaterial contracts. However, in practice, some companies judge contracts exceeding 3 million yen as immaterial and exclude them with the agreement of their audit firms. Given this, the session will focus on 'materiality judgment that allows for rational explanation,' looking beyond formal application to audit response. The seminar will organize specific logic to control operational burdens, including the positioning of the 3 million yen threshold, grounds for excluding contracts over 3 million yen, practical approaches for mass contracts like company housing, and logic for reaching consensus with audit firms. The seminar will be held online on June 18, 2026, from 13:30 to 14:30. Speakers include Mr. Kiyoho Nakata (CPA, Representative of Knowledge Network) and Mr. Shunsuke Tatsumi of Proship Inc. Participation is free but requires advance registration.