Pro-Ship

What Pro-Ship does

Pro-Ship (TYO: 3763) is a Tokyo-headquartered, Tokyo Stock Exchange Prime-listed Japanese enterprise software vendor founded in 1969, specializing in fixed asset and lease management software under the ProPlus product suite. The company serves Japanese large enterprises and listed companies with solutions that handle multi-book accounting, lease accounting under Japanese GAAP/IFRS 16/ASC 842, and integration with corporate ERP and general ledger systems. Pro-Ship reports 5,600+ cumulative enterprise implementations and adoption by 81 of 86 major enterprises in its core segment, indicating dominant market share among Japan's largest corporates.

The company sells primarily through a direct enterprise sales motion into accounting and finance functions of listed companies, supplemented by case-study-led demand generation with marquee logos such as Mitsubishi Corporation and Yamaha Motor. Revenue mechanics combine traditional on-premise license and maintenance contracts with a growing SaaS edition, ProPlus+, which reached 1,000 subscribing companies within roughly 1.5 years of its December 2024 launch. The product portfolio has expanded beyond core fixed-asset accounting to include ProPlus Global (multi-currency, overseas subsidiaries), ProPlus EPC, ProPlus Smart, and ProPlus Pit, signaling a deliberate platform strategy.

Pro-Ship's strategic priorities visible in recent activity include SaaS-led growth into the mid-market, vertical expansion into construction, utilities and trading houses, geographic extension via multinational customer subsidiaries, and public-market signaling through an October 2025 stock split. With 251-500 employees and a 50+ year operating history, the company is executing a controlled transition from a license-driven on-premise vendor toward a hybrid on-premise/SaaS platform while defending a near-saturated position among Japan's largest enterprises.

Name

Pro-Ship

Legal name

株式会社プロシップ

Website

https://proship.co.jp

Company type

Public

Founded year

1969

Operating status

Operating

Headcount range

251–500 employees

Short description

Pro-Ship is a Tokyo-listed Japanese enterprise software vendor providing fixed asset and lease management solutions under the ProPlus suite. It serves large Japanese enterprises and listed companies with multi-book accounting, IFRS/GAAP compliance, and ERP-integrated workflows.

Ownership category

akta.pro rank

Product category

Enterprise Fixed Asset and Lease Management Software

NAICS

Funds, Trusts, and Other Financial Vehicles (525)

SIC

Finance Lessors (6172)

akta.pro primary industry

Contract Administration Support (PO/Contract Compliance) (BPAAAJAE)

Keywords

• Fixed asset management software
• Lease accounting software
• IFRS16 compliance software
• Enterprise asset management
• Multi-book accounting software

Headquarters

HQ city

Tokyo

HQ country

Japan

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure, Others

Revenue model

1. Software Licensing/Subscription (ProPlus Suite): Pro-Ship generates revenue primarily through software licensing and subscription fees for the ProPlus product suite. The transition to SaaS model (ProPlus+) indicates recurring subscription revenue. Additional revenue comes from maintenance and support services.
2. Maintenance and Support Services: Ongoing maintenance revenue includes version upgrades (无偿バージョンアップ - free version upgrades for future regulatory changes) and technical support. Support response time of within 1 hour for 99.7% of inquiries indicates a dedicated support organization.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Pro-Ship develops and sells the ProPlus suite, a comprehensive fixed asset and lease management software package covering the full asset lifecycle from acquisition through depreciation, impairment, transfer, and disposal. The suite supports multiple accounting standards (Japanese GAAP, IFRS, tax accounting) simultaneously via multi-book functionality, and includes modules for lease accounting (IFRS16 and the new Japanese lease accounting standard effective April 2027), construction-in-progress, land management, inventory, rental contracts, physical asset management, and global multi-currency/multi-language operations. ProPlus+ is offered as a SaaS variant specifically for new lease accounting standard compliance.

Product overview

Pro-Ship offers ProPlus, a comprehensive fixed asset and lease management solution serving over 5,600 corporate groups. The product portfolio includes the core ProPlus platform and ProPlus+ SaaS for new lease accounting compliance, along with multiple specialized modules: Fixed Assets System, Lease Asset Management System, Construction in Progress Subsystem, Land Management Subsystem, Inventory Subsystem, Rental Contract Management System, Physical Asset Management Solution (ProPlus Pit), and Global Solutions (ProPlus Global). Additional offerings include ProPlus Smart for construction settlement and ProPlus for EPC for power companies, plus the New Lease Accounting Impact Estimation Solution for pre-implementation analysis.

Differentiator

Problem solved

Functional benefit

Brands

• ProPlus: Core fixed asset, lease asset, impairment accounting, and rental contract management package offering one-stop solutions
• ProPlus+
• ProPlus Smart
• ProPlus for EPC
• ProPlus Pit
• ProPlus Global

Products and services

• ProPlus Fixed Assets Suite Comprehensive one-stop fixed asset and lease management software suite covering acquisition, depreciation, impairment, transfer, and disposal, with support for multiple accounting standards (Japanese GAAP, IFRS, tax) via multi-book functionality. Targets large Japanese enterprises and listed companies.
• ProPlus+ (New Lease Accounting Standard SaaS) SaaS solution for the new Japanese lease accounting standard, with right-of-use asset and lease liability management, remeasurement, multi-ledger support, and calculation logic refined through approximately 100 IFRS16 implementation cases. Targets Japanese corporations preparing for the 2027 mandatory lease accounting change.
• ProPlus Fixed Assets System Fixed asset management system managing the full asset lifecycle from acquisition to disposal, including depreciation, impairment, accounting and tax-related information, and physical asset management. Sold as a discrete product category within the ProPlus portfolio.
• ProPlus Lease Asset Management System Lease asset management system compliant with new Japanese lease accounting standards and IFRS16, supporting right-of-use asset and lease liability management, remeasurement, and journal output. Supports simultaneous management of multiple accounting standards (Japanese GAAP, IFRS, tax) for the same lease contract.
• New Lease Accounting Impact Estimation Solution Solution for estimating the financial impact of Japan's new lease accounting standards, enabling simulation of various conditions to calculate company-specific impact amounts. Helps companies prepare for the 2027 mandatory change before full implementation.
• ProPlus Global Multi-language, multi-currency solution supporting local tax standards in overseas countries, enabling consolidated global asset ledger management across multiple subsidiaries for fixed assets, lease assets, construction in progress, and physical asset management.
• ProPlus Smart (Construction Settlement Business Solution) Construction settlement business solution for managing construction project costs and settlements, used in construction-related accounting workflows.
• ProPlus for EPC (Power Company Fixed Asset Management) Fixed asset management system specifically designed for electric power companies, addressing the unique asset management needs of the EPC sector.
• ProPlus Pit (Physical Asset Management Solution) Physical asset management solution for tracking and managing tangible assets, supporting physical inventory operations tied to fixed asset records.

Named customers17 records

Segments3 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Scale indicators6 records

Recent moves7 records

Expansion highlights6 records

Emerging players

• Yardi: Yardi's fixed asset and lease administration modules serve corporate tenants and property managers, overlapping with ProPlus's lease accounting and rental contract management scope.
• MRI Software: MRI Software offers fixed asset and lease management modules within its broader real estate and financial software suite, overlapping with ProPlus functionality for compliance and asset tracking.
• IFS: IFS provides enterprise asset management and financial software used by asset-intensive industries (utilities, manufacturing), with comparable fixed asset lifecycle and lease capabilities to ProPlus.
• Wolters Kluwer OneSumX: OneSumX for IFRS Lease Accounting provides compliance-focused lease-accounting software with strong European multinational customer base, comparable to ProPlus+ for IFRS/Japanese-lease-accounting compliance workflows.

Direct peers

• Nakisa: Nakisa provides lease accounting and fixed asset management software (Nakisa Lease Administration, Nakisa HFM), directly competing with Pro-Ship's ProPlus suite in the IFRS16/Japanese lease accounting compliance space. Most direct functional peer for ProPlus+.
• LeaseAccelerator (now part of PowerPlan): LeaseAccelerator was a leading dedicated lease-accounting SaaS platform, now integrated into PowerPlan. Comparable to ProPlus+ for compliance-driven lease management workflows.

Broad incumbents

• Oracle: Oracle Fusion ERP Cloud and E-Business Suite include fixed asset and lease accounting modules. Comparable as a broad incumbent alternative for enterprise customers considering an integrated ERP-based solution.
• SAP: SAP S/4HANA includes fixed asset management and lease accounting (IFRS16) functionality as part of its ERP suite. Many Pro-Ship prospects and customers run SAP, making it both a competitor and an integration partner.
• IBM Maximo Application Suite: IBM Maximo is an enterprise asset management platform covering fixed asset lifecycle, depreciation, and maintenance — overlapping with ProPlus's fixed asset and physical asset management (ProPlus Pit) modules.

Regional players

• BlueFort Finance / LeaseNet (USAI): USAI (formerly USAI/LeaseNet Japan) provides Japanese-market lease accounting solutions targeting the same regulatory drivers (IFRS16, 2027 standards) as Pro-Ship's ProPlus+, making it the closest Japan-localized competitor.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks4 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Pro-Ship