In today’s briefing:
- Doesn’t Cooperation Rather than Competition Slow the Pace of Improvement in Disclosure in English?
Doesn’t Cooperation Rather than Competition Slow the Pace of Improvement in Disclosure in English?
- TSE officially announced that it will request prime market listed companies to simultaneously disclose two documents, financial statements and timely disclosure information, in Japanese and English from April 2025.”
- Given the characteristics of Japanese companies, which tend to implement only minimum requirements, few companies will engage in English language disclosure in their annual securities reports, which wasn’t explicitly stated.
- Rather than improving the quality of the market to make it easier for global investors to trade, TSE has set efforts targets to match the speed of the slowest ship.