In today’s briefing:
- From the Reality of 4%, Mandatory English Disclosure of Annual Securities Reports Is a High Hurdle
From the Reality of 4%, Mandatory English Disclosure of Annual Securities Reports Is a High Hurdle
- TSE has published a proposal to require simultaneous disclosure of financial statements and timely disclosure information in both Japanese and English from April 2025 (for March fiscal year end companies).
- The elimination of time gap between disclosure of financial statements in Japanese and English and the expansion of English-language disclosure of timely disclosure information are advances resulting from this revision.
- As TSE continues to consider expanding the range of documents covered, the focus is on when English-language disclosure of annual securities reports, which cover all important information, will become mandatory.
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