In today’s briefing:
- Can TSE’s “Examples of Bad Disclosures” Help Companies Shift to Shareholder-Oriented Management?
Can TSE’s “Examples of Bad Disclosures” Help Companies Shift to Shareholder-Oriented Management?
- The most common example of poor disclosure is “Disclosure is merely a list of initiatives. The timing of achievement, numerical targets, necessary resources, etc. should be explained.
- Poor disclosure examples that “do not analyze issues or consider additional actions in a flexible manner” may not have a well-reasoned plan to disclose at this stage.
- It is clear that many companies are not sufficiently considering the reduction or withdrawal of unprofitable businesses, as evidenced by their low return on sales and return on capital.