GVA TECH Inc. (Headquarters: Minato-ku, Tokyo; Representative Director: Shun Yamamoto; hereinafter referred to as "GVA TECH") has begun distributing seven dedicated prompts that can automatically extract items compliant with the "New Lease Accounting Standards," which are scheduled to be mandatorily applied from business periods commencing after April 2027, within the "AI Extraction Function" for contract management of its legal automation service "OLGA (Oruga)." These prompts will be distributed to customers who have subscribed to the "AI Extraction Function," which allows AI to automatically extract any items from contracts. ■ Background of the Update Under the "New Lease Accounting Standards," which are scheduled to be mandatorily applied from business years commencing after April 2027, companies will be required to recognize all lease transactions (including traditional operating leases) as assets and liabilities on their balance sheets (on-balance sheet). This means that companies must identify lease transactions within their vast existing and new contracts and accurately extract the information necessary for accounting treatment. However, this transition process has presented significant challenges, including: Man-hours associated with visual inspection of numerous contracts Requiring confirmation and transcription of lease periods, lease payments, etc., for each contract, including past ones, placing a considerable burden on legal and accounting departments. Omissions and errors in extracted items Risk of overlooking or misinterpreting necessary information due to the diverse expressions used in contracts. Localization of specialized knowledge Appropriate information extraction according to the new accounting standards requires specialized knowledge, often leading to a concentration of work on specific individuals. To address these challenges and support companies in their smooth transition to the new lease accounting standards, we have decided to distribute