Pro-Ship Unveils New Lease Accounting Compliance Product

The latest announcement is out from Pro-Ship Incorporated ( (JP:3763) ).

Pro-Ship Incorporated has announced the release of its new product, ProPlus+, which is compliant with the recently issued ‘Accounting Standard for Leases’ by the Accounting Standards Board of Japan. The product, available as a SaaS, aims to help businesses transition smoothly to the new standard by 2027. The company anticipates introducing this service to 500-1000 companies, contributing to its long-term corporate value, though the immediate financial impact is expected to be limited.

More about Pro-Ship Incorporated

Pro-Ship Incorporated operates in the financial technology industry, focusing on developing software solutions for businesses. The company offers products such as ProPlus+, which are designed to facilitate compliance with accounting standards like the new ‘Accounting Standard for Leases’. Its market primarily includes business companies, especially listed firms.

YTD Price Performance: -1.23%

Average Trading Volume: 14,686

Technical Sentiment Consensus Rating: Sell

Current Market Cap: Yen19.79B

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