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Fast Accounting (5588) · FactRestated

Demand for accounting DX amid the coexistence of invoice and electronic record systems

First written in FY2023-Q3. 7 of 8 entries say "Restated". Latest entry: FY2026-H1.

8entries
4years
0from disclosures
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ProgressHeldSoftenedWorseRestatedFY2023-Q3 – FY2026-H12023: 120232024: 320242025: 220252026: 22026
Same theme, other companies
Demand for compliance with the Electronic Books Preservation Act and the invoice systemA theme 11 companies write about · 2 as a headwind · 10 as a tailwind

3 other companies' latest entry also says "Restated".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Full recordFilings, disclosures and news, newest first
  1. FY2026-H1RestatedAnnual report

    「Peppol has been adopted as the standard for digital invoices in Japan, and the digitization of accounting documents is advancing. However, a considerable number of paper accounting documents are expected to remain in circulation, meaning that paper and electronic accounting documents will coexist and accounting operations will become more complex. We therefore expect demand for accounting DX to rise further.」

    The company continues to describe adoption of Peppol, digitization, continued use of paper documents, mixed document formats, and higher demand for accounting DX against the backdrop of the invoice system.
  2. FY2025RestatedAnnual report

    「Peppol has been adopted as the standard for digital invoices in Japan, and the digitization of accounting documents is advancing. However, a considerable number of paper accounting documents are expected to remain in circulation, meaning that paper and electronic accounting documents will coexist and accounting operations will become more complex. We therefore expect demand for accounting DX to rise further.」

    The company continues to describe rising demand for accounting DX against the backdrop of adoption of Peppol, digitization, continued use of paper documents, and the invoice system.
  3. FY2025-H1RestatedAnnual report

    「Peppol has been adopted as the standard for digital invoices in Japan, and the digitization of accounting documents is advancing. However, a considerable number of paper accounting documents are expected to remain in circulation, meaning that paper and electronic accounting documents will coexist and accounting operations will become more complex. We therefore expect demand for accounting DX to rise further.」

    The company continues to describe the mixed formats and complexity arising from digitization and continued use of paper documents, as well as higher demand for accounting DX against the backdrop of the invoice system.
  4. FY2024RestatedAnnual report

    「Peppol has been adopted as the standard for digital invoices in Japan, and the digitization of accounting documents is advancing. However, a considerable number of paper accounting documents are expected to remain in circulation, meaning that paper and electronic accounting documents will coexist and accounting operations will become more complex. We therefore expect demand for accounting DX to rise further.」

    The company continues to describe adoption of Peppol, progress in digitization, continued use of paper documents, mixed document formats, and rising demand for accounting DX.
  5. FY2024-H1RestatedAnnual report

    「Peppol has been adopted as the standard for digital invoices in Japan, and the digitization of accounting documents is advancing. However, a considerable number of paper accounting documents are expected to remain in circulation, meaning that paper and electronic accounting documents will coexist and accounting operations will become more complex. In addition, as the invoice system was introduced in October 2023 and increased the workload of accounting operations, we expect demand for accounting DX to rise further.」

    The company continues to describe the increased accounting workload and higher demand for DX arising from adoption of Peppol, the invoice system, and the coexistence of paper and electronic documents.
  6. FY2024-Q1RestatedAnnual report

    「Peppol has been adopted as the standard for digital invoices in Japan, and the digitization of accounting documents is advancing. However, a considerable number of paper accounting documents are expected to remain in circulation, meaning that paper and electronic accounting documents will coexist and accounting operations will become more complex.」

    The company continues to explain that adoption of Peppol and the progress of digitization, together with the continued use of paper documents, will lead to mixed document formats and more complex accounting operations, while the invoice system will increase the workload and demand for DX.
  7. FY2023RestatedAnnual report

    「Peppol has been adopted as the standard for digital invoices in Japan, and the digitization of accounting documents is advancing. However, a considerable number of paper accounting documents are expected to remain in circulation, meaning that paper and electronic accounting documents will coexist and accounting operations will become more complex.」

    The company continues to describe the coexistence of paper and electronic documents and the resulting complexity of accounting operations as part of the operating environment.
  8. FY2023-Q3First statedAnnual report

    「As the invoice system was introduced in October 2023 and increased the workload of accounting operations, we expect demand for accounting DX to rise further.」

    The company identifies adoption of Peppol, digitization of accounting documents, continued use of paper documents, and the introduction of the invoice system in October 2023 as factors making accounting operations more complex and increasing demand for DX.
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Demand for accounting DX amid the coexistence of invoice and electronic record systems | Fast Accounting Co.,Ltd. (5588) | Komori