Announced details
The parties are jointly developing a package compliant with the new lease accounting standard. No capital or personnel relationship is stated.
14th Floor, Shiba Park Building A, 2-4-1 Shibakoen, Minato-ku, Tokyo. Established in September 2003. Engages in the planning, development, operation and training of, and consulting on, information systems. An NTT DATA Group company.
Accounting Standard No. 34, “Accounting Standard for Leases,” etc. (not a certification number or validity period)
In this announcement the company addresses none of Contract Value / Offering price / Impact on Business Performance.
| Item | Details |
|---|---|
| Names of Products / Services Covered | Package Compliant with the New Lease Accounting Standard, Slopebase |
| Counterparty | NTT DATA Business Brains Corporation |
| Counterparty overview | 14th Floor, Shiba Park Building A, 2-4-1 Shibakoen, Minato-ku, Tokyo. Established in September 2003. Engages in the planning, development, operation and training of, and consulting on, information systems. An NTT DATA Group company. |
| Relationship with the Company | The parties are jointly developing a package compliant with the new lease accounting standard. No capital or personnel relationship is stated. |
| Launch date | October 2026 (official release scheduled) |
| Applicable area | Retail businesses operating multiple stores and locations, Food Business, Services, Real estate operations and lease accounting |
| Registration number and expiry date | Accounting Standard No. 34, “Accounting Standard for Leases,” etc. (not a certification number or validity period) |
Items this document does not state (11)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.To provide mid-sized companies that will need to comply with the new lease accounting standard, which will become mandatory from April 2027, with a cost-effective option between expensive ERP systems and Excel-based management, thereby minimizing the cost of regulatory compliance.