Announcement of Koji Shinohara, Former CFO of KURA Sushi USA, Joining Our Company

Quantum Accounting Welcomes Koji Shinohara as New Advisor Quantum Accounting is pleased to announce that Koji Shinohara has joined the company as a new advisor. With his US CPA qualification, extensive practical experience, and exceptional expertise, Mr. Shinohara brings invaluable new strengths to our team. After graduating from a Japanese university in 1986, Mr. Shinohara obtained a master’s degree in business administration from the University of Oklahoma City. He then built his career at renowned accounting firms in the United States, gaining deep experience in the corporate tax division. Notably, Mr. Shinohara successfully led KURA Sushi USA Inc. to its Nasdaq listing as the company’s CFO. He spearheaded the IPO process and continued to play a crucial role in the company’s operations as a public […]

Happy New Year

happy new year

Happy New Year. We sincerely request your ongoing support and generosity in the coming year. In 2023, there was a remarkable surge in the number of Japanese companies listed on the Nasdaq stock exchange. It was a pivotal year for our company as well. We were privileged to counsel and support numerous client companies throughout their Nasdaq listings, and we successfully conducted well-attended seminars on the subject. This achievement was made possible entirely due to the unwavering support of everyone involved, for which we are profoundly grateful. Furthermore, we relocated and expanded our office to the Toranomon-Kamiyacho area in July. In this new setting, we are committed to continually improving our services and reinforcing our business foundations, aiming to uphold our status as a trusted […]

Notice of Web Site Launch

We are excited to announce the launch of our new website, Japan Business Concierge. Companies seeking to enter the Japanese market often face difficulties in obtaining up-to-date and relevant information about Japanese laws, taxes, and business practices. We, Quantum Accounting, can navigate [pilot] you through this complex market so that you can reach your destination smoothly. This site provides helpful information about the intricacies of the Japanese market and assists companies in confidently starting and continuing their operations in Japan. We will continue to improve and enhance the site’s contents to provide you with timely and relevant information. Please check it periodically for the latest updates. We hope that you will find our site useful in navigating the Japanese market.

Introduction of our audit/attestation and advisory service


A common challenge foreign companies with relatively small subsidiaries in Japan face is monitoring over the operation of the Japanese subsidiary.  Especially when it comes to financial reporting.  This might not be an issue for companies that engage with the large international audit firms like PwC, Deloitte, KPMG and EY. Their counterparts in Japan will usually take care of Japan related matters. This obviously comes at a high cost.  Or perhaps the group internal audit team can perform internal audits.  But often will they get a chance to fly across the Pacific to perform these procedures?  Would they know the Japanese language and tax and other regulations in Japan?  We can all agree that being able to order tuna rolls at a sushi restaurant in […]

SPAC Raises Funds 100 Times Larger Than the Entire Tokyo Stock Exchange

ContentsWhat is a SPAC?How They WorkSPACs are Growing Exponentially and Raising MillionsSPACs’ Influences on Japanese StartupsQuestions and Answers about our Service What is a SPAC? Evo Acquisition, a blank check company targeting the tech and financial industry, on February 9th raised approximately $109 million.  Following the surge of IPOs by other black check companies, Evo Acquisition plans to list on the Nasdaq under the symbol of EVOJU. Evo Acquisition is a special purpose acquisition company (SPAC), which their sole objective is to acquire startup companies rather than owning their own commercial operations. As an alternative name “blank check company” suggests, a SPAC is not an ordinary type of company; and it has gain popularity over recent years. How They Work SPACs generally collect capitals from […]

Mandatory English Financial Disclosures Coming to the Tokyo Stock Exchange

Starting with English disclosures of quarterly financial information A Nikkei article on March 15, 2019 caught our attention. “Tokyo Stock Exchange to reduce first section listings by 30% – Market cap requirement to be raised and English disclosures mandated” There is an ongoing deliberation at the Tokyo Stock Exchange to reduce the number of companies listed on the first section and to restructure its other existing markets (second section, Jasdaq, Mothers). According to the article, the new first section will require companies to maintain a market cap of 25 billion yen (currently 2 billion yen) and also mandate quarterly financial disclosures in English. Only 35% of companies listed on the first section are currently providing disclosures in English. It is still unclear when the […]