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ST World, Inc. (Shibuya-ku, Tokyo; President & CEO: Yoshinori Kashima, hereinafter "ST World"), a comprehensive travel agency with bases in 30 countries worldwide and a focus on overseas travel, and Business Engineering Corporation (Chiyoda-ku, Tokyo; President & CEO: Masakazu Haneda; hereinafter "B-EN-G") are pleased to announce that ST World has adopted B-EN-G's cloud-based international accounting and ERP service "GLASIAOUS". ST World will continue to unify its accounting systems using GLASIAOUS, and in three years' time plans to expand the scope of application to 20 overseas bases and 11 domestic group companies.

ST World is a comprehensive travel agency with bases in 30 countries around the world, and is also expanding into a variety of travel-related businesses, including hotel and publishing. The company's operations center in Indonesia, which opened last year, handles hotel reservations and tour planning for countries around the world, and also aims to consolidate the accounting operations of each base at the center. By consolidating the accounting bookkeeping of each overseas corporation at the center, the company aims not only to reduce costs, but also to improve the quality of data entry work at bases that do not have accounting staff. Another advantage of having overseas bases is that it can flexibly respond to the risk of high personnel turnover.

By using GLASIAOUS as a common platform, the company was able to unify accounting systems and business procedures that differed both domestically and internationally, which was highly evaluated and adopted in building an accounting center. ST World is building two more accounting centers (Egypt and Sri Lanka) to avoid downtime due to time differences, and in the future aims to take on bookkeeping contracts from other companies using GLASIAOUS. This will hopefully contribute to further improving the operational efficiency of companies as a "co-creation business" that transcends the boundaries between users and IT vendors. This will be the first attempt at using GLASIAOUS in this way.

■The deciding factor for adopting GLASIAOUS
1) It was an accounting system that could be used worldwide, including within the Japanese group.
2) It matched the concept of the new accounting center business.

What is GLASIAOUS?
"GLASIAOUS", which uses "mcframe GA" as its system platform, is a cloud-based international accounting and ERP service with a track record of over 1,500 companies in 33 countries and regions, including mcframe GA. It supports multiple languages, currencies, and standards, and can be used for a wide range of purposes, from bookkeeping to group management. In addition, we have formed the "GLASIAOUS Consortium" (Secretariat: Business Engineering), which brings together accounting firms and IT companies from all over the world, to provide support for local issues that cannot be solved by the system alone.
For more information on GLASIAOUS, https://www.glasiaous.com Please refer to the.

■About ST World, Inc.
We plan and sell original tour brands such as "Islands Collection," "ST World," "Dive Navi," "MOONSHELL," "Surf Trip World," "Adventure Collection," and "Travel Concierge."
We offer a wide range of services, including the sale of packaged travel products promoted by other companies (partners), handling of business travel, domestic and international air ticket and ground arrangements, domestic and international air ticket and ground arrangements, handling of domestic and international group tours and inspection trips, non-life insurance agency business, and overseas bridal business.
Detail is https://stworld.jp/ Please refer to the.

■About Business Engineering Corporation
Business Engineering is a business engineering company with a wealth of experience, focusing on ERP, in a range of services from IT planning, business consulting for BPR implementation, IT implementation consulting, to system construction and operation services. The company also has a track record in ERP-based SCM implementation, digital transformation support, and global expansion support in Thailand and China. The company has five overseas subsidiaries in Shanghai, China; Bangkok, Thailand; Singapore; Jakarta, Indonesia; and Chicago, USA.
Detail is https://www.b-en-g.co.jp/ Please refer to the.

*Company names, product names, etc. mentioned in this press release are registered trademarks or trademarks of the respective companies.