(Head Office: Chiyoda-ku, Tokyo; CEO: Osamu Hata; hereinafter "WAP") has launched "New Lease Accounting Standards AI Advisory Chatbot" free of charge*1 to promote understanding of and support practical responses to the new lease accounting standards. The chatbot, which is supervised by a certified public accountant, provides highly reliable information. It is a practical support tool that can be used as an immediate asset in the field, where companies are pressed to comply with systems.

Click here to apply for the service.

1. Challenges in responding to system changes in practice

　The new lease accounting standard effective from April 2027 will require all lease contracts to be accounted for on-balance sheet in principle, and the fundamental requirements, such as the definition of a lease and its term, will be significantly revised. Companies will be required to prepare a system for identifying and judging contracts, and for responding to the financial statements.
　However, since the nature of the contracts held by each company varies greatly depending on the characteristics of its business, there are various points to be considered in accounting for leases. Therefore, it is not easy to accurately grasp the impact on the company and incorporate it into practical operations, and many of WAP's clients have expressed a need for someone they can consult with from a professional perspective.

2. Free practical support chat provided by AI and supervised by a certified public accountant

　In response to this need, WAP has launched a free chatbot that answers questions about the new lease accounting standards in an easy-to-understand manner. This service combines the document search function of our proprietary AI-type chatbot "HUE Chatbot" with a generative AI to provide practical answers in a natural interaction.

Feature 1: Flexible AI answers that fit the challenges of the workplace
Users simply enter their company's industry and requirements and ask questions, and the generated AI will respond with specific and precise answers. Since FAQs corresponding to a variety of industries and operations are registered in advance, users can consult with the AI in a practical, on-site manner. Since the system can be used in a secure environment, there is no need to worry about your input being learned or disclosed to outside parties.

Feature 2: Hassle-free introduction and zero cost
Introduction is very smooth, and you can start using the service immediately from the dedicated URL you receive after applying. There is no cost at all, and the fact that it is easy to implement is also a major advantage.

Feature 3: Supervision by Masahiko Inoue, CPA
Furthermore, the FAQs provided by this service are supervised by Masahiko Inoue, CPA, a leading expert in the field of lease accounting and author of numerous technical books. The service also provides the peace of mind of knowing that highly reliable, practical information is always available through AI.

3. Knowledge gained from our extensive experience is used as a support tool.

　For more than 15 years, WAP has been providing professional functions in the field of lease asset management through its fixed asset management system, HUE Asset. Utilizing this knowledge, WAP provides a variety of support directly related to practical operations, including explanations of the new lease accounting standards, estimation of the impact, organization of accounting issues, workflow design, and linkage with peripheral systems.

　WAP will continue to provide solutions to help companies streamline their accounting operations and comply with the new accounting standards.

Special page for new lease accounting standards is here:
"HUE Asset" product page ishere:
"HUE Lease Accounting" product page is here

*1：Free of charge is available for a limited time.
*2: Chatbot answers are not guaranteed to be accurate.

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.