Fast Accounting Announces Strategic Collaboration with TKC

Integration of “FAManager” and Accounting AI Agent to Accelerate Compliance with Japan’s New Lease Accounting Standard

TOKYO–Fast Accounting (TOKYO:5588), a company advancing the realization of “Accounting Singularity,” today announced the launch of a strategic collaboration with TKC Corporation.

Through the integration of TKC’s fixed asset management system “FAManager” and Fast Accounting’s proprietary Accounting AI Agent for the new lease accounting standard, the two companies will support mid-sized and large enterprises in Japan in efficiently responding to the new lease accounting requirements, enabling high-speed and high-quality fixed asset management operations.

Strategic Background

Japan’s new lease accounting standard, which will become mandatory for fiscal years beginning in April 2027, requires companies to reassess lease contracts that were previously treated as operating expenses and determine whether they must be recognized on the balance sheet.

This transition is expected to significantly increase operational workload, as companies must:

  • Review all relevant lease contracts
  • Determine balance sheet recognition requirements
  • Manage newly recognized right-of-use assets and lease liabilities

With implementation less than one year away, many enterprises face increasing compliance pressure and resource constraints.

To address these challenges, Fast Accounting has developed the Accounting AI Agent – New Lease Accounting Standard Edition.

Leveraging AI technology trained on more than 200 million processed accounting documents, the system applies optimized judgment logic to automatically determine lease classification, substantially reducing manual workload.

TKC’s FAManager, already adopted by more than 800 companies, has long supported fixed asset management operations. However, the new lease accounting requirements introduce additional complexity, including contract assessment and accounting–tax reconciliation.

This collaboration combines:

  • TKC’s extensive client base and accounting domain expertise
  • Fast Accounting’s proprietary AI judgment engine

to build a comprehensive solution covering lease classification, asset management, accounting entries, and tax adjustments in an integrated workflow.

Scope of Collaboration

By linking TKC’s FAManager with Fast Accounting’s Accounting AI Agent – New Lease Accounting Standard Edition, the companies aim to deliver enhanced value characterized by Speed × Quality.

Accounting AI Agent Capabilities

  • Automated lease classification based on contracts (PDFs, image files, etc.)
  • Presentation of decision-support documentation (flowcharts explaining judgment rationale)
  • Export of lease asset data compatible with FAManager

FAManager Capabilities under the New Standard

  • Centralized management of right-of-use assets and lease liabilities
  • Automatic generation of journal entries for accounting system integration
  • Preparation support for financial statement disclosures
  • Reconciliation of accounting and tax filing adjustment amounts

Together, the integrated solution enables end-to-end processing from lease determination to asset registration, accounting system linkage, and tax reporting.

Details & Inquiries for FAManager: https://www.tkc.jp/consolidate/famanager/
Notice of System Demonstration Sessions:  https://go.tkc.jp/l/385522/2024-10-17/cmyv1t

About Fast Accounting

“Empowering accounting professionals by removing constraints through the Accounting Singularity.”

Fast Accounting develops proprietary AI solutions that automate, reconcile, and validate complex accounting tasks using generative AI and computer vision. Its solutions are adopted by major accounting software vendors and large enterprises in Japan.

By realizing the Accounting Singularity, Fast Accounting aims to address the growing shortage of accounting talent and enable accounting professionals to shift from manual processing to higher-value, strategic financial roles that contribute directly to enterprise value creation.

  • Company Name: Fast Accounting Co., Ltd. (TOKYO: 5588)
  • Headquarters: Shiba Park Building A, 2-4-1 Shibakoen, Minato-ku, Tokyo, Japan
  • Founded: June 2016
  • CEO: Keitaro Mori

https://www.fastaccounting.ai/

Core Offerings

  • Robota Series: AI modules for accounting operations
  • Remota: Invoice processing platform
  • Peppol Access Point: Digital invoice transmission and reception service

Official note blog: https://note.com/_fastaccounting

Media Contact

Fast Accounting Co., Ltd.
Public Relations
press@fastaccounting.co.jp

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