'xfy for XBRL' to Enable Diversified Financial Report Generation by Justsystems' xfy Technology ; Prototype to be Shown at XBRL2005 in Tokyo.
San Francisco, November 8, 2005 - Justsystems Corporation (JASDAQ: 4686) today announced, it has developed 'xfy for XBRL' to enable diversified and flexible handling of financial data in extensible business reporting language (XBRL) format. xfy for XBRL uses Justsystems' original xfy technology to transform legacy IT into an XML-based direct information generation and handling.
Corporate accounting managers and finance officers will benefit from xfy for XBRL's enriched WYSISYG based editing functionalities. They will be able to provide investors, corporate executives, stock market analysts and government officers with effective, optimized financial reports containing diversified levels of detail and multiple viewpoints in a highly agile and timely manner.
xfy for XBRL was demonstrated at XBRL2005, the 12th International Conference on XBRL, held at Royal Park Hotel (Nihonbashi, Chuo-ku, Tokyo, Japan) on Monday, November 7th.
XBRL is the international XML based standard for business and financial data reporting initiated and promoted by the CPA (Certified Public Accountant) Association in US. It is often considered the next-generation standardized method to announce, notify and exchange structured financial data in the US and shows promise in Japan. xfy for XBRL with its quick, accurate and automatic generation functionalities, can be used as a client side tool in financial information systems. Furthermore, it is able to provide a brief statement of accounts, which formerly required manual extraction from the Balance Sheet, Profit/Loss Statement and Cash Flow accounting reports.
xfy for XBRL will integrate such financial information systems seamlessly with general corporate information systems that create and consume figures associated with daily business activities. xfy for XBRL will benefit existing WfMS (Workflow Management Systems), HRM (Human Resource Management Systems), SCMS (Supply Chain Management Systems), where these systems interact with financial information systems. For the purpose of enabling ROI (Return On Investment) analysis or budget/result control, xfy for XBRL can increase efficiency and accuracy in the labor-intensive financial information creation tasks and the analysis of those figures. With xfy for XBRL checking compliance factors by multiple managers and project leaders will also be more efficient.
With the consistent use of XBRL, a member in any layer of corporate hierarchy can take advantage of the WYSIWYG based optimized user interface and provide their customers or business partners with essential analysis results or the latest data in a timely manner.
NOTE:
Please visit www.xfy.com for more information and downloads.
ABOUT JUSTSYSTEMS CORPORATION:
Justsystems, based in Tokushima, Japan, is one of the largest software vendors in Japan (JASDAQ: 4686). Since its inception and throughout company history, Justsystems has recognized the power of information, has developed technologies and know-how to process natural language as fundamental means for communications, and delivered differentiated products and services. During the formative stages of PC era in Japan, Justsystems made significant contributions in establishing the Japanese computing environment, and has been active in Java and XML themed technology development in recent years.
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CONTACTS:
Press contact US:
Michael Fanucchi
Tel: 415-677-2718
E-mail: prusa@justsystem.com
Press contact Japan:
PR & IR Office, Justsystems (Matsumoto, Sawazaki)
Tel: +81-3-5412-3952
E-mail: prg@justsystem.co.jp