(Headquarters: Chiyoda-ku, Tokyo; CEO: Osamu Hata; hereafter "WAP") announced today that Asian Koso Corporation (Headquarters: Shinjuku-ku, Tokyo; President: Hitoshi Hatakeyama; hereafter "Asian Koso") has implemented WAP's ERP package software "HUE" in the core business areas of accounting and project management. The group-wide deployment of HUE will enable Asian Airlines to visualize management indicators with a high degree of accuracy, strengthen its management base, and improve operational efficiency.

Background of Introduction] Enabling seamless collaboration within the group

　The company had been using different systems for the main company and each group company, as well as for each business domain, which complicated the calculation and forecasting of management indices such as PL and BS, and the management of budgets, which became an issue in promoting the growth strategy.
　Against this backdrop, the company set "strengthening the management base" in its mid-term management plan, and took the expiration of the server maintenance period of the current system as an opportunity to consider a renewal of the core system. The selection process centered on a package product that could be applied to the company's operations, and HUE is highly flexible with more than 6,700 functions, as well as being suitable for strengthening governance by allowing detailed authorization settings. In addition, the HUE series was highly evaluated for its ability to enable seamless linkage between operations, and the decision was made to implement it in the project income/expenditure management area in addition to the accounting area.

Visualization of data enables faster management decision making.

　The introduction of HUE has improved the accuracy of project management at Asia Koso and facilitated the understanding of numerical values across the entire group. This has made it possible to manage execution budgets at low cost and with high precision, and has also accelerated the visualization of management indicators and forecast data. Management decisions are being made faster and more efficiently.
　Furthermore, unifying the system across the entire group has made it possible to improve operational efficiency and strengthen governance. Going forward, the company expects to strengthen its management foundation and improve operational efficiency through further utilization of HUE.

About HUE

　HUE is a domestically produced ERP developed for Japan's leading companies and continues to grow with customer feedback to meet a wide range of business requirements across industries and business categories. Over 2,200 companies have used Sotetsu HD's system, which has been adopted by Sotetsu HD.

The 97%* fit rate is based on our own standards.

The following six products have been put into operation by Asia Koso.

• HUE Financials & Strategy, a financial and management accounting system
• HUE Accounts Payable/Receivable, a receivables and payables management system
• HUE Asset, a fixed asset management system
• HUE Treasury, a financial and cash management system
• HUE EBM, electronic voucher data management service
• HUE Classic Project Management, a project management system

About Works Applications

Works Applications was founded in 1996 as an ERP package vendor in Japan. With innovative solutions such as no-customization and free version upgrades, we have supported the growth of our customers, mainly major Japanese companies. Believing in the potential of each individual, we aim to be a "growth engine" that maximizes the value of companies and individuals, and we will continue our pursuit of turning "work" into "creation" and making "work" fun.

*Company names, product names and service names are trademarks or registered trademarks of their respective companies.
*The information in this release is current as of the date of publication, and is subject to change or withdrawal without notice. Please be aware that the forecasts and other forward-looking information contained in this release are uncertain and may differ from actual results.